Miller Value Partners 13F, Q3 2023
Bill Miller · quarter ending 30 September 2023 · filed 14 November 2023 · SEC CIK 1135778
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 46 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| STELLANTIS N.V | $9.49M | 6.0% | unchanged | |
| JACKSON FINANCIAL INC | JXN | $8.43M | 5.3% | +3% shares |
| WESTERN ALLIANCE BANCORP | WAL | $8.42M | 5.3% | unchanged |
| QUAD / GRAPHICS INC | QUAD | $8.07M | 5.1% | unchanged |
| AT&T INC | T | $7.74M | 4.9% | +243% shares |
| PROSHARES TR | UPRO | $7.70M | 4.8% | unchanged |
| BREAD FINANCIAL HOLDINGS INC | BFH | $7.50M | 4.7% | +752% shares |
| VIATRIS INC | VTRS | $7.02M | 4.4% | -14% shares |
| CTO RLTY GROWTH INC NEW | CTO | $6.95M | 4.4% | unchanged |
| ONEMAIN HLDGS INC | OMF | $6.49M | 4.1% | -11% shares |
| BUCKLE INC | BKE | $6.33M | 4.0% | unchanged |
| GANNETT CO INC | TDAY | $6.19M | 3.9% | unchanged |
| NABORS INDUSTRIES LTD | $5.99M | 3.8% | -3% shares | |
| BLOCK H & R INC | HRB | $5.81M | 3.6% | new |
| B. RILEY FINANCIAL INC | RILY | $4.73M | 3.0% | -13% shares |
| ORGANON & CO | OGN | $4.72M | 3.0% | +23% shares |
| ENCORE WIRE CORP | $3.65M | 2.3% | new | |
| MEDICAL PPTYS TRUST INC | MPT | $3.41M | 2.1% | -5% shares |
| CHICOS FAS INC | $3.40M | 2.1% | -67% shares | |
| ALLIANCE RESOURCE PARTNERS L | ARLP | $3.36M | 2.1% | -31% shares |
| MICROSTRATEGY INC | $3.34M | 2.1% | unchanged | |
| MEDIFAST INC | MED | $3.15M | 2.0% | -6% shares |
| GEO GROUP INC NEW | GEO | $3.13M | 2.0% | unchanged |
| CHESAPEAKE ENERGY CORP | EXE | $2.52M | 1.6% | unchanged |
| AMERICAN AXLE & MFG HLDGS IN | DCH | $2.32M | 1.5% | -18% shares |
What changed since Q2 2023
Against the Q2 2023 filing, Miller Value Partners opened 4 new positions, added to 6, trimmed 18, left 18 unchanged and exited 4. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001085146-23-004441, filed by MILLER VALUE PARTNERS, LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.