Miller Value Partners, LLC Bill Miller

Sarasota, FL 21 processed 13Fs on this site, 2021 Q3 to 2026 Q2

$423M
56 holdings
2026 Q2
+10.4% QoQ
Top 5 32.1%

Portfolio

2026 Q2, filed 8/14/2026, top 12 of 56 holdings

Top 5 32.1%, top 10 52.9%

NBR, Nabors Industries 8.8%
GTN, Gray Media 6.8%
SPUU, Direxion Shares ETF Trust 5.8%
BLMN, Bloomin Brands 5.6%
QUAD, Quad / Graphics 5.1%
LNC, Lincoln National Corporation Ind 5.0%
CRGY, Crescent Energy 4.9%
CNDT, Conduent 4.5%
BFH, Bread Financial 3.4%
UPS 3.0%
DCH, Dauch 2.9%
GCI, USA Today 2.8%
Other 41.4%

AUM over time

2026 Q2 $423M +10.4% QoQ

Q3 2021

Q1 2022

Q1 2023

Q1 2024

Q1 2025

Q1 2026

Book

2023 Q1 2022 Q4, filed 15 May, long equity only

Download CSV Download Excel All activity


OMF, Onemain	4.82%	Reduce −0.8%	2,082,068	$37.08	$77M	−17,697	+$7.3M
EXPE, Expedia	4.72%	Reduce −1.2%	778,059	$97.03	$75M	−9,241	+$6.5M
AMZN, Amazon	4.48%, was 3.64%	Add +3.5%	694,966	$103.29	$72M	+23,426	+$15M
TMHC, Taylor Morrison Home	4.00%, was 4.21%	Reduce −22.2%	1,673,110	$38.26	$64M	−478,210	−$1.3M
GOOGL, Alphabet	3.88%	Reduce −2.8%	598,779	$103.73	$62M	−16,993	+$7.8M
ET, Energy Transfer	3.86%	Reduce −0.9%	4,951,231	$12.47	$62M	−45,645	+$2.4M
META, Meta Platforms	3.82%, was 2.14%	Add +4.6%	288,714	$211.94	$61M	+12,800	+$28M
MAT, Mattel	3.76%, was 3.86%	Reduce −2.6%	3,271,319	$18.41	$60M	−86,837	+$315K
DAL, Delta Air Lines	3.62%	Reduce −1.0%	1,661,680	$34.92	$58M	−15,980	+$2.9M
BABA, Alibaba	3.36%	Reduce −5.7%	526,847	$102.18	$54M	−31,660	+$4.6M
C, Citigroup	3.22%, was 3.01%	Add +6.7%	1,099,482	$46.89	$52M	+68,614	+$4.9M
OVV, Ovintiv	2.99%, was 4.77%	Reduce −9.1%	1,326,541	$36.08	$48M	−132,883	−$26M
NCLH, Norwegian Cruise	2.98%, was 3.00%	Reduce −6.8%	3,547,135	$13.45	$48M	−256,848	+$1.1M
GM, General Motors	2.79%, was 2.90%	Reduce −9.0%	1,218,742	$36.68	$45M	−120,078	−$334K
GOOS, Canada Goose	2.79%, was 2.57%	Add +3.8%	2,318,816	$19.25	$45M	+84,052	+$4.8M
UAL, United Airlines	2.74%	Reduce −1.0%	991,821	$44.25	$44M	−10,129	+$6.1M
UBER, Uber	2.74%	Reduce −17.1%	1,382,513	$31.70	$44M	−285,432	+$2.6M
TNL, Travel Plus Leisure	2.42%	Reduce −1.2%	989,487	$39.20	$39M	−11,565	+$2.4M
COIN, Coinbase	2.33%	Reduce −22.8%	552,926	$67.57	$37M	−163,606	+$12M
Splunk	2.31%	Reduce −0.8%	385,585	$95.88	$37M	−3,239	+$3.5M
EXE, Chesapeake Energy	2.25%	Add +23.4%	472,989	$76.04	$36M	+89,789	−$196K
JPM, JPMorgan Chase	2.20%, was 3.02%	Reduce −22.7%	269,917	$130.31	$35M	−79,264	−$12M
TEVA, Teva Pharmaceutical Industries	2.17%, was 3.03%	Reduce −23.6%	3,929,784	$8.85	$35M	−1,217,243	−$12M
COF, Capital One	2.12%, was 1.79%	Add +18.1%	353,310	$96.16	$34M	+54,047	+$6.2M
FISV, Fiserv	2.03%, was 2.49%	Reduce −24.8%	287,648	$113.03	$33M	−94,842	−$6.1M
CLF, Cleveland-Cliffs	2.02%, was 2.08%	Reduce −11.7%	1,768,192	$18.33	$32M	−234,365	+$150K
Karuna Therapeutics	1.87%, was 1.84%	Add +13.8%	164,998	$181.64	$30M	+20,032	+$1.5M
Farfetch	1.85%, was 2.09%	Reduce −11.7%	6,048,099	$4.91	$30M	−804,328	−$2.7M
SOFI, Sofi Technologies	1.79%	Reduce −4.0%	4,711,202	$6.07	$29M	−197,378	+$6M
UBS	1.57%	New	1,178,255	$21.34	$25M	+1,178,255	+$25M
PTON, Peloton Interactive	1.31%	New	1,854,465	$11.34	$21M	+1,854,465	+$21M
SFIX, Stitch Fix	1.03%	Reduce −23.8%	3,227,325	$5.11	$16M	−1,007,589	+$3.3M
ADT	0.93%, was 1.96%	Reduce −38.8%	2,051,454	$7.23	$15M	−1,299,573	−$16M
PGEN, Precigen	0.63%	New	9,503,782	$1.06	$10M	+9,503,782	+$10M
VTRS, Viatris	0.53%, was 0.68%	Reduce −6.4%	883,500	$9.62	$8.5M	−60,000	−$2M
JXN, Jackson Financial	0.49%, was 0.56%	Reduce −16.5%	209,225	$37.41	$7.8M	−41,215	−$886K
Chicos Fas	0.47%, was 0.40%	Add +6.5%	1,355,922	$5.50	$7.5M	+82,890	+$1.2M
Proshares Trust	0.45%	New	186,950	$38.57	$7.2M	+186,950	+$7.2M
CTO, Cto Realty Growth	0.44%	Add +7.9%	411,900	$17.26	$7.1M	+30,000	+$128K
BKE, Buckle	0.43%, was 0.67%	Reduce −14.9%	195,000	$35.69	$7M	−34,200	−$3.4M
QUAD, Quad / Graphics	0.41%, was 0.38%	Add +4.3%	1,512,850	$4.29	$6.5M	+62,850	+$574K
VALE, Vale SA	0.38%, was 0.54%	Reduce −21.1%	390,001	$15.78	$6.2M	−104,000	−$2.2M
ARLP	0.37%, was 0.42%	Reduce −9.6%	293,000	$20.17	$5.9M	−31,000	−$674K
MPT, Medical Properties Trust	0.35%	Add +18.0%	687,000	$8.22	$5.6M	+105,000	−$836K
OGN, Organon	0.34%	Hold	230,000	$23.52	$5.4M	—	—
NBR, Nabors Industries	0.33%	Add +12.0%	43,386	$121.91	$5.3M	+4,660	−$708K
Medifast	0.29%, was 0.23%	Add +42.2%	44,800	$103.67	$4.6M	+13,300	+$1M
GCI, Gannett	0.27%, was 0.24%	Add +29.8%	2,331,275	$1.87	$4.4M	+535,550	+$714K
M	0.26%	New	107,000	$38.87	$4.2M	+107,000	+$4.2M
Lazard	0.24%, was 0.28%	Reduce −7.9%	117,200	$33.11	$3.9M	−10,000	−$530K
RILY, B. Riley Financial	0.23%, was 0.19%	Add +51.2%	132,300	$28.39	$3.8M	+44,800	+$763K
Geo Group	0.19%	Hold	383,000	$7.89	$3M	—	—
DCH	0.18%, was 0.17%	Add +10.4%	374,925	$7.81	$2.9M	+35,450	+$273K
CC, Chemours	0.18%, was 0.49%	Reduce −62.0%	95,000	$29.94	$2.8M	−155,000	−$4.8M
TPC, Tutor Perini	0.14%	Add +15.0%	352,815	$6.17	$2.2M	+46,115	−$139K
M/i Homes	0.13%	Reduce −20.1%	33,505	$63.09	$2.1M	−8,410	+$178K
WST, Western Alliance Bancorp	0.13%	New	58,400	$35.54	$2.1M	+58,400	+$2.1M
APAM, Artisan Partners Asset Management	0.13%	Hold	63,000	$31.98	$2M	—	—
FTI, Technipfmc	0.13%, was 0.22%	Reduce −47.0%	147,545	$13.65	$2M	−130,655	−$1.4M
BLDR, Builders FirstSource	0.12%	Hold	21,500	$88.78	$1.9M	—	—
CROX, Crocs	0.11%	Reduce −10.0%	13,500	$126.44	$1.7M	−1,500	+$80K
CWH, Camping World	0.09%	Hold	67,000	$20.87	$1.4M	—	—
CNDT, Conduent	0.08%	Add +12.7%	361,550	$3.43	$1.2M	+40,725	−$59K
ABNB, Airbnb	0.07%	New	9,500	$124.40	$1.2M	+9,500	+$1.2M
Pitney Bowes	0.07%, was 0.09%	Reduce −23.7%	292,184	$3.89	$1.1M	−90,975	−$319K
Tupperware Brands	0.05%, was 0.03%	Add +252.0%	346,426	$2.50	$866K	+248,000	+$459K
BZH, Beazer Homes USA	0.05%	Hold	50,000	$15.88	$794K	—	—
Holding	0.05%	Reduce −14.3%	60,000	$12.04	$722K	−10,000	−$6K
ATKR, Atkore	0.04%	Hold	5,000	$140.48	$702K	—	—
Sculptor Cap Management	0.03%, was 0.20%	Reduce −82.1%	65,000	$8.61	$560K	−297,400	−$2.6M
MTCH, Match Group	0.03%	New	14,000	$38.39	$537K	+14,000	+$537K
Foot Locker	0.03%, was 0.05%	Reduce −41.2%	12,540	$39.69	$498K	−8,795	−$309K
PRDO, Perdoceo Ed	0.03%	Hold	35,000	$13.43	$470K	—	—
LYB, Lyondellbasell Industries	0.03%, was 0.04%	Reduce −43.8%	4,500	$93.89	$423K	−3,500	−$242K
Rci Hospitality	0.02%	New	5,000	$78.17	$391K	+5,000	+$391K
MBC, Masterbrand	0.02%	New	40,000	$8.04	$322K	+40,000	+$322K
Holding	0.02%	Hold	10,000	$27.38	$274K	—	—
LAD, Lithia Motors	0.01%	Hold	1,000	$228.93	$229K	—	—
Iheartmedia	0.01%	Hold	30,000	$3.90	$117K	—	—
Desktop Metal	0.00%	Add +100.0%	10,000	$2.30	$23K	+5,000	+$16K

Showing top 50 of 80 by value

Exits / last held

Gone since 2022 Q4, shown at their last reported size.

Stock	% of portfolio	Recent activity	Reported price*	Value	Share change	$ change
Silvergate Cap	1.60%	Exit	$17.40	$25M	−1,423,984	−$25M
DXC, DXC Technology	0.95%	Exit	$26.50	$15M	−558,816	−$15M
SPY, SPDR S&P 500 ETF Trust	0.49%	Exit	$382.46	$7.7M	−20,062	−$7.7M
APO, Apollo Global Management	0.27%	Exit	$63.79	$4.2M	−66,000	−$4.2M
SPG, Simon Property Group	0.22%	Exit	$117.48	$3.4M	−29,000	−$3.4M
TROW, T. Rowe Price	0.13%	Exit	$109.05	$2.1M	−19,175	−$2.1M
MSTR, Microstrategy	0.06%	Exit	$0.4621	$878K	−1,900,000	−$878K
DB, Deutsche Bank	0.01%	Exit	$11.50	$92K	−8,000	−$92K
BCS, Barclays	—	Exit	$7.75	$62K	−8,000	−$62K

Filings history

20 periods, with AUM normalized

Newest 13Fs

Period	Holds	AUM	QoQ	Form	Filed	Filing ID
2026 Q2	56	$423M	+10.4%	13F-HR	8/14/2026	000113577826000016
2026 Q1	55	$383M	+34.9%	13F-HR	5/15/2026	000113577826000011
2025 Q4	34	$284M	+4.4%	13F-HR	2/17/2026	000113577826000003
2025 Q3	36	$272M	+15.3%	13F-HR	11/14/2025	000113577825000003
2025 Q2	33	$236M	+7.8%	13F-HR	8/14/2025	000108514625005135
2025 Q1	34	$219M	−6.4%	13F-HR	5/15/2025	000108514625003193
2024 Q4	33	$234M	+32.2%	13F-HR	2/14/2025	000108514625001536
2024 Q3	30	$177M	+12.7%	13F-HR	11/14/2024	000108514624005777
2024 Q2	29	$157M	+0.6%	13F-HR	8/13/2024	000108514624003791
2024 Q1	30	$156M	−7.1%	13F-HR	5/7/2024	000113577824000001
2023 Q4	42	$168M	+5.7%	13F-HR	2/14/2024	000108514624001377
2023 Q3	46	$159M	+4.6%	13F-HR	11/14/2023	000108514623004441
2023 Q2	46	$152M	−90.5%	13F-HR	8/14/2023	000108514623003399
2023 Q1	90	$1.6B	+3.2%	13F-HR	5/15/2023	000108514623002384
2022 Q4	84	$1.6B	—	RESTATEMENT	2/14/2023	000108514623001267
2022 Q4	84	$1.6B	−5.8%	13F-HR	2/14/2023	000108514623001251
2022 Q3	92	$1.6B	−16.4%	13F-HR	11/14/2022	000108514622004042
2022 Q2	119	$2B	−36.6%	13F-HR	8/15/2022	000108514622003091
2022 Q1	126	$3.1B	−14.9%	13F-HR	5/16/2022	000108514622002148
2021 Q4	129	$3.7B	−15.3%	13F-HR	2/14/2022	000108514622001016
2021 Q3	125	$4.3B	—	13F-HR	11/15/2021	000108514621003318

About

Miller Value Partners, LLC

21 processed 13Fs on this site, 2021 Q3 to 2026 Q2

Notable person: Bill Miller
SEC filing name: MILLER VALUE PARTNERS, LLC
Location: Sarasota, FL
All SEC filings: View on sec.gov