Tracking Michael Price’s MFP Portfolio – Q2 2017 Update

• Michael Price’s 13F portfolio value decreased from $807M to $771M this quarter.
• MFP Investors added Papa Murphy’s while increasing Cabela’s and Continental Resources.
• The largest three individual stock positions are Intel Corporation, Dolby Laboratories, & BMC Stock Holdings, and they add up to ~20% of the portfolio.

Michael Price’s 13F portfolio value decreased ~5% from $807M to $771M this quarter. The portfolio is diversified with recent 13F reports showing well over 100 individual stock positions. The top five stakes are Intel Corporation (INTC), Dolby Laboratories (DLB), BMC Stock Holdings (BMCH), Cabela’s Inc. (CAB), and Trinity Place Holdings (TPHS), and they add up to ~28% of the 13F portfolio.

Note: Latest regulatory filings show them having increased positions in Papa Murphy’s, S&W Seed Company, and Trinity Place Holdings. MFP now controls 13.7% of Papa Murphy’s (FRSH), 21.8% of S&W Seed Company (SANW), and 13.5% of Trinity Place Holdings (TPHS). For investors attempting to follow MFP, these are good options to consider for further research.

Below is a spreadsheet that shows the changes to Michael Price's MFP Investors US long portfolio holdings as of Q2 2017. For a look at how the portfolio has progressed, see our previous update:

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