Miller Value Partners 13F, Q1 2024
Bill Miller · quarter ending 31 March 2024 · filed 7 May 2024 · SEC CIK 1135778
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2024
The 25 largest of 30 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2023 filing.
| Company | Ticker | Value | % of book | vs Q4 2023 |
|---|---|---|---|---|
| STELLANTIS N.V | $12.17M | 7.8% | -13% shares | |
| MICROSTRATEGY INC | $11.36M | 7.3% | -15% shares | |
| AT&T INC | T | $10.35M | 6.6% | +7% shares |
| JACKSON FINANCIAL INC | JXN | $10.09M | 6.5% | -24% shares |
| BREAD FINANCIAL HOLDINGS INC | BFH | $9.49M | 6.1% | -17% shares |
| WESTERN ALLIANCE BANCORP | WAL | $9.26M | 5.9% | -17% shares |
| ONEMAIN HLDGS INC | OMF | $7.82M | 5.0% | -6% shares |
| QUAD / GRAPHICS INC | QUAD | $7.59M | 4.9% | -11% shares |
| CTO RLTY GROWTH INC NEW | CTO | $7.52M | 4.8% | +4% shares |
| VIATRIS INC | VTRS | $7.39M | 4.7% | -13% shares |
| LINCOLN NATL CORP IND | LNC | $6.35M | 4.1% | new |
| CHORD ENERGY CORPORATION | CHRD | $6.18M | 4.0% | new |
| BOISE CASCADE CO DEL | BCC | $6.13M | 3.9% | +700% shares |
| BUCKLE INC | BKE | $6.04M | 3.9% | -9% shares |
| GANNETT CO INC | TDAY | $6.02M | 3.9% | unchanged |
| NABORS INDUSTRIES LTD | $6.01M | 3.8% | +6% shares | |
| UGI CORP NEW | UGI | $4.10M | 2.6% | new |
| BRISTOL-MYERS SQUIBB CO | BMY | $3.25M | 2.1% | new |
| TUTOR PERINI CORP | TPC | $3.10M | 2.0% | -6% shares |
| GRAY TELEVISION INC | GTN | $3.09M | 2.0% | +21% shares |
| ENCORE WIRE CORP | $2.89M | 1.9% | -55% shares | |
| CONDUENT INC | CNDT | $2.43M | 1.6% | unchanged |
| ALLIANCE RESOURCE PARTNERS L | ARLP | $2.35M | 1.5% | -22% shares |
| GEO GROUP INC NEW | GEO | $2.05M | 1.3% | -62% shares |
| AMERICAN AXLE & MFG HLDGS IN | DCH | $1.46M | 0.9% | -5% shares |
What changed since Q4 2023
Against the Q4 2023 filing, Miller Value Partners opened 5 new positions, added to 6, trimmed 17, left 2 unchanged and exited 17. 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 0001135778-24-000001, 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.