Portfolio holdings of Michael Price. MFP Investors's Portfolio. Michael Price stock picks:
Stock Holdings
Michael Price - MFP Investors
Period: Q1 2013
Portfolio date: 31 Mar 2013
No. of stocks: 93
Portfolio value: $755,860,000
| Stock | % of portfolio | Shares | Recent activity | Reported Price* |
| hist |
WCBO - West Coast Bancorp |
5.48 |
1,707,000 |
|
$24.28 |
| hist |
INTC - Intel Corp. |
5.23 |
1,810,000 |
Add 5.85% |
$21.84 |
| hist |
HES - Hess Corp. |
5.21 |
550,000 |
Buy |
$71.61 |
| hist |
C - Citigroup Inc. |
4.69 |
801,454 |
|
$44.24 |
| hist |
Y - Alleghany Corp. |
4.61 |
88,044 |
|
$395.92 |
| hist |
FXCM - FXCM Inc. |
3.90 |
2,154,911 |
|
$13.68 |
| hist |
MHP - McGraw-Hill |
3.50 |
507,500 |
|
$52.08 |
| hist |
GLF - Gulfmark Offshore Inc. |
3.18 |
617,400 |
|
$38.96 |
| hist |
BDX - Becton Dickinson |
3.07 |
242,500 |
|
$95.61 |
| hist |
RUTH - Ruth's Hospitality Group Inc. |
2.77 |
2,193,267 |
|
$9.54 |
| hist |
SYA - Symetra Financial Corp. |
2.62 |
1,476,800 |
Reduce 17.50% |
$13.41 |
| hist |
KALU - Kaiser Aluminum Corp. |
2.60 |
304,002 |
|
$64.65 |
| hist |
FCE.A - Forest City Enterprises Inc. |
2.35 |
1,000,000 |
|
$17.77 |
| hist |
PFE - Pfizer Inc. |
2.26 |
592,100 |
Reduce 9.89% |
$28.86 |
| hist |
CIT - CIT Group |
2.06 |
357,500 |
|
$43.48 |
| hist |
TRC - Tejon Ranch Co. |
2.06 |
521,900 |
|
$29.78 |
| hist |
HRS - Harris Corp. |
1.99 |
325,000 |
|
$46.34 |
| hist |
TEVA - Teva Pharmaceutical Industries Ltd. |
1.84 |
350,000 |
|
$39.68 |
| hist |
BSX - Boston Scientific |
1.76 |
1,700,000 |
|
$7.81 |
| hist |
HSP - Hospira Inc. |
1.74 |
400,000 |
Add 61.62% |
$32.83 |
| hist |
FRNK - Franklin Financial Corp. |
1.72 |
713,798 |
|
$18.25 |
| hist |
ELN - Elan Corp. Plc |
1.72 |
1,100,000 |
Add 22.22% |
$11.80 |
| hist |
JCP - Penney (J.C.) |
1.51 |
755,000 |
Reduce 5.63% |
$15.11 |
| hist |
GY - Gencorp |
1.34 |
763,794 |
|
$13.30 |
| hist |
WMGI - Wright Medical Group Inc. |
1.28 |
405,758 |
Reduce 18.85% |
$23.81 |
| hist |
BKS - Barnes & Noble |
1.26 |
580,000 |
Reduce 28.40% |
$16.45 |
| hist |
IEP - Icahn Enterprises |
1.26 |
175,000 |
Buy |
$54.51 |
| hist |
CACH - Cache Inc. |
1.23 |
2,203,749 |
|
$4.22 |
| hist |
HTBI - HomeTrust Bancshares Inc. |
1.15 |
550,470 |
|
$15.80 |
| hist |
CBST - Cubist Pharmaceuticals Inc. |
1.13 |
182,500 |
|
$46.82 |
| hist |
NPK - National Presto Ind. |
1.03 |
96,924 |
|
$80.50 |
| hist |
RFP - Resolute Forest Products |
1.02 |
477,631 |
|
$16.18 |
| hist |
OABC - Omniamerican Bancorp Inc. |
1.00 |
300,000 |
|
$25.28 |
| hist |
CAS - Castle (A.M.) |
0.95 |
409,803 |
|
$17.50 |
| hist |
NFBK - Northfield Bancorp |
0.90 |
600,000 |
Buy |
$11.36 |
| hist |
HEOP - Heritage Oaks Bancorp |
0.88 |
1,166,575 |
|
$5.70 |
| hist |
MDRX - Allscripts Healthcare Solutions |
0.86 |
477,500 |
|
$13.59 |
| hist |
HTBK - Heritage Commerce Corp. |
0.79 |
886,900 |
Reduce 29.55% |
$6.73 |
| hist |
GS - Goldman Sachs Group |
0.78 |
40,000 |
|
$147.15 |
| hist |
BGFV - Big 5 Sporting Goods Corp. |
0.73 |
353,414 |
|
$15.61 |
| hist |
FARM - Farmer Brothers Co. |
0.72 |
368,100 |
|
$14.70 |
| hist |
JOUT - Johnson Outdoors Inc. |
0.68 |
216,809 |
Reduce 38.90% |
$23.84 |
| hist |
HDNG - Hardinge Inc. |
0.65 |
360,000 |
|
$13.63 |
| hist |
SFD - Smithfield Foods |
0.57 |
164,100 |
Buy |
$26.48 |
| hist |
YAVY - Yadkin Valley Financial Corp. |
0.57 |
1,071,420 |
|
$4.01 |
| hist |
TBBK - The Bancorp Inc. |
0.55 |
300,000 |
|
$13.85 |
| hist |
BLT - Blount International Inc. |
0.55 |
311,300 |
Buy |
$13.38 |
| hist |
HTH - Hilltop Holdings Inc. |
0.53 |
297,600 |
|
$13.49 |
| hist |
ES - EnergySolutions Inc. |
0.50 |
1,000,000 |
Buy |
$3.75 |
| hist |
CLW - Clearwater Paper Corp. |
0.49 |
70,739 |
|
$52.69 |
| hist |
JNJ - Johnson & Johnson |
0.49 |
45,000 |
|
$81.53 |
| hist |
GBL - GAMCO Investors Inc. |
0.49 |
70,000 |
Reduce 2.89% |
$53.11 |
| hist |
GYRO - Gyrodyne Co. America Inc. |
0.46 |
47,210 |
|
$73.50 |
| hist |
PLXT - PLX Technology Inc. |
0.44 |
737,302 |
Reduce 10.80% |
$4.56 |
| hist |
ENZN - Enzon Pharmaceuticals Inc. |
0.38 |
748,800 |
|
$3.80 |
| hist |
BPI - Bridgepoint Education |
0.37 |
274,390 |
|
$10.23 |
| hist |
NBN - Northeast Bancorp |
0.36 |
286,800 |
|
$9.44 |
| hist |
OLP - One Liberty Properties Inc. |
0.35 |
121,933 |
Reduce 21.78% |
$21.72 |
| hist |
SD - SandRidge Energy Inc. |
0.35 |
500,000 |
Add 66.67% |
$5.27 |
| hist |
CBNJ - Cape Bancorp Inc. |
0.31 |
259,200 |
|
$9.16 |
| hist |
MVC - MVC Capital Inc. |
0.28 |
165,200 |
Add 0.24% |
$12.80 |
| hist |
GTY - Getty Realty Corp. |
0.26 |
98,919 |
Add 38.70% |
$20.21 |
| hist |
ALCS - ALCO Stores Inc. |
0.26 |
264,919 |
|
$7.50 |
| hist |
ISBC - Investors Bancorp Inc. |
0.25 |
100,000 |
|
$18.78 |
| hist |
AMRB - American River Bankshares |
0.25 |
255,000 |
|
$7.51 |
| hist |
CROX - Crocs Inc. |
0.24 |
120,000 |
|
$14.82 |
| hist |
GE - General Electric |
0.23 |
75,000 |
|
$23.12 |
| hist |
BAC - Bank of America Corp. |
0.23 |
142,027 |
|
$12.18 |
| hist |
CKH - SEACOR Holdings Inc. |
0.23 |
23,207 |
Add 110.97% |
$73.68 |
| hist |
BA - Boeing Co. |
0.23 |
20,000 |
|
$85.85 |
| hist |
VCI - Valassis Communication |
0.20 |
50,000 |
|
$29.88 |
| hist |
PENX - Penford Corp. |
0.20 |
138,365 |
|
$10.97 |
| hist |
IMN - Imation Corp. |
0.19 |
371,927 |
Reduce 43.54% |
$3.82 |
| hist |
HUN - Huntsman Corp. |
0.18 |
75,000 |
Reduce 75.00% |
$18.59 |
| hist |
KMPR - Kemper Corp. |
0.17 |
40,000 |
Reduce 35.48% |
$32.60 |
| hist |
BRT - BRT Realty Trust |
0.16 |
168,369 |
|
$7.02 |
| hist |
NX - Quanex Building Products |
0.14 |
67,500 |
|
$16.10 |
| hist |
XOM - Exxon Mobil Corp. |
0.14 |
12,000 |
|
$90.08 |
| hist |
RDS.A - Royal Dutch Shell PLC |
0.13 |
14,979 |
|
$65.16 |
| hist |
SFE - Safeguard Scientifics Inc. |
0.12 |
55,508 |
Reduce 49.08% |
$15.80 |
| hist |
PBIP - Prudential Bancorp Inc. |
0.12 |
95,200 |
|
$9.17 |
| hist |
UBNK - United Financial Bancorp |
0.10 |
49,400 |
Buy |
$15.20 |
| hist |
EDMC - Education Management Corp. |
0.08 |
168,859 |
Reduce 4.60% |
$3.67 |
| hist |
CSBK - Clifton Savings Bancorp Inc. |
0.08 |
50,000 |
|
$12.46 |
| hist |
CRRC - Courier Corp. |
0.07 |
35,000 |
|
$14.40 |
| hist |
MERC - Mercer International Inc. |
0.05 |
52,200 |
|
$6.92 |
| hist |
ORI - Old Republic International |
0.04 |
21,093 |
|
$12.71 |
| hist |
HGT - Hugoton Royalty Trust |
0.04 |
35,000 |
|
$9.34 |
| hist |
ERA - Era Group Inc. |
0.03 |
11,000 |
Buy |
$21.00 |
| hist |
PRTA - Prothena Corp. |
0.02 |
21,746 |
Buy |
$6.67 |
| hist |
UBNT - Ubiquiti Networks |
0.01 |
7,235 |
|
$13.68 |
| hist |
CNO - CNO Financial Group Inc. |
0.00 |
894 |
|
$11.19 |
| hist |
GFLB - Great Florida Bank |
0.00 |
28,469 |
|
$0.35 |
* Reported Price is the price of the security on the portfolio date. This value is significant in that it indicates the portfolio manager's confidence in the stock at that price and suggests at least some level of undervaluation and/or margin of safety.
Sector % analysis
| Financials |
41.93 |
|
| Health Care |
16.55 |
|
| Consumer Discretionary |
10.51 |
|
| Materials |
7.77 |
|
| Information Technology |
7.41 |
|
| Energy |
5.58 |
|
| Consumer Goods |
3.51 |
|
| Services |
2.77 |
|
| Industrials |
1.80 |
|
| Industrial Goods |
1.15 |
|
| Consumer Staples |
0.57 |
|
| Technology |
0.45 |
|
Articles & Commentaries
01 Apr 2013 Michael Price on BloombergMichael Price, president of MFP Investors LLC, talks about the outlook for the stock market and investment strategy.
17 Jan 2013 Michael Price on Goldman, Strategy, DellMichael Price, president of MFP Investors LLC, talks about investment strategy and the outlook for U.S. markets. Price also discusses the outlook for Dell Inc.
23 Sep 2012 Michael Price on BloombergMFP Investors president and managing partner Michael Price talks with Bloomberg's Tom Keene about the pent up demand of American consumers and businesses and the lack of leadership on high-frequency trading.
12 May 2011 Graham & Doddsville - Spring 2011 NewsletterThis issue features an inter- view with Michael Price, portfolio manager of MFP Investors. Mr. Price de- scribes the evolution of his investing career, shares his perspective on activist in- vesting and gives us insight into a few of his fund‟s positions...
04 May 2011 Video: Michael Price on BloombergMichael Price, president of MFP Investors LLC, talks about the state of the financial markets and factors driving corporate mergers and acquisitions, his investment strategy and some of his holdings, and concerns about food inflation. He likes Goldman Sachs, Bank of America, Becton Dickinson...