Miller Value Partners 13F, Q4 2023
Bill Miller · quarter ending 31 December 2023 · filed 14 February 2024 · SEC CIK 1135778
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2023
The 25 largest of 42 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| STELLANTIS N.V | $11.57M | 6.9% | unchanged | |
| WESTERN ALLIANCE BANCORP | WAL | $11.49M | 6.8% | -5% shares |
| PROSHARES TR | UPRO | $10.23M | 6.1% | unchanged |
| JACKSON FINANCIAL INC | JXN | $10.23M | 6.1% | -9% shares |
| BREAD FINANCIAL HOLDINGS INC | BFH | $10.14M | 6.0% | +40% shares |
| AT&T INC | T | $9.26M | 5.5% | +7% shares |
| QUAD / GRAPHICS INC | QUAD | $8.68M | 5.2% | unchanged |
| ONEMAIN HLDGS INC | OMF | $7.97M | 4.7% | unchanged |
| BUCKLE INC | BKE | $7.84M | 4.7% | -13% shares |
| VIATRIS INC | VTRS | $7.71M | 4.6% | unchanged |
| CTO RLTY GROWTH INC NEW | CTO | $7.43M | 4.4% | unchanged |
| GANNETT CO INC | TDAY | $5.74M | 3.4% | unchanged |
| NABORS INDUSTRIES LTD | $5.36M | 3.2% | +35% shares | |
| ENCORE WIRE CORP | $5.19M | 3.1% | +22% shares | |
| MICROSTRATEGY INC | $5.10M | 3.0% | unchanged | |
| MEDICAL PPTYS TRUST INC | MPT | $4.87M | 2.9% | +58% shares |
| GEO GROUP INC NEW | GEO | $4.15M | 2.5% | unchanged |
| GRAY TELEVISION INC | GTN | $3.62M | 2.1% | +21% shares |
| ALLIANCE RESOURCE PARTNERS L | ARLP | $3.16M | 1.9% | unchanged |
| BLOCK H & R INC | HRB | $3.05M | 1.8% | -53% shares |
| MEDIFAST INC | MED | $2.83M | 1.7% | unchanged |
| CONDUENT INC | CNDT | $2.64M | 1.6% | +14% shares |
| BUILDERS FIRSTSOURCE INC | BLDR | $2.17M | 1.3% | unchanged |
| TUTOR PERINI CORP | TPC | $2.08M | 1.2% | unchanged |
| CROCS INC | CROX | $1.91M | 1.1% | +24% shares |
What changed since Q3 2023
Against the Q3 2023 filing, Miller Value Partners opened 2 new positions, added to 10, trimmed 7, left 23 unchanged and exited 6. 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 0001085146-24-001377, 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.