Tracking Michael Price’s MFP Portfolio – Q3 2017 Update

• Michael Price’s 13F portfolio value decreased from $771M to $722M this quarter.
• MFP Investors increased CIT Group while reducing Dolby Laboratories and Hess Corporation.
• The largest three individual stock positions are Intel Corporation, Dolby Laboratories, & BMC Stock Holdings, and they add up to ~22% of the portfolio.

Michael Price’s 13F portfolio value decreased ~6% from $771M to $722M 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), Trinity Place Holdings (TPHS), and Banc of California (BANC) and they add up to ~30% of the 13F portfolio.

Note: Latest regulatory filings show them having increased the position in S&W Seed Company (SANW) to almost one-third of the business.

Below is a spreadsheet that shows the changes to Michael Price's MFP Investors US long portfolio holdings as of Q3 2017. For a look at how the portfolio has progressed, see our previous update:

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