Hedge Fund - MFP Investors

As fast as we can type this, Michael Price’s MFP Investors, purchased a 1,000,000 shares in Trinity Place Holdings Inc. (PINK:TPHS) in a 13D filing with the SEC’s Edgar system.

The most popular small cap stocks (which we define as those with market capitalizations between $1 billion and $5 billion) among hedge funds outperform the S&P 500 by an average of 18 percentage points...

Michael Price, who has a net worth of some $1.3 billion, manages his wealth through MFP Investors, an activist hedge fund that focuses on value investments.

In mid February, hedge funds and other major investors filed their 13Fs with the SEC; these filings disclosed many of their long equity positions as of the end of December.

Michael Price founded MFP Investors in 1998, two years after selling Heine Securities for $670 million.

Billionaire Michael Price’s MFP Investors is a value and activist hedge fund which Price founded in 1998 after earning considerable money from the sale of Heine Securities.