Miller Value Partners
Picture
Moves
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
Revealed late, restated
Positions
| OVVOvintiv Inc. | 4.78% | 1,459,424 | $74M | trimmed−25% | −0.67 pp | 5 q |
| OMFOneMain Holdings, Inc. | 4.52% | 2,099,765 | $70M | trimmed−2% | +0.69 pp | 29 q |
| EXPEExpedia Group, Inc. | 4.45% | 787,300 | $69M | trimmed−2% | −0.11 pp | 3 q |
| TMHCTaylor Morrison Home Corporation | 4.22% | 2,151,320 | $65M | trimmed−11% | +0.81 pp | 12 q |
| MATMattel, Inc. | 3.87% | 3,358,156 | $60M | trimmed−8% | −0.34 pp | 5 q |
| ETEnergy Transfer LP | 3.83% | 4,996,876 | $59M | trimmed−15% | −0.13 pp | 17 q |
| AMZNAmazon.Com Inc | 3.64% | 671,540 | $56M | trimmed−3% | −1.13 pp | 39 q |
| DALDelta Air Lines, Inc. | 3.56% | 1,677,660 | $55M | trimmed−2% | +0.65 pp | 39 q |
| GOOGLAlphabet Inc. Class A | 3.51% | 615,772 | $54M | trimmed−9% | −0.42 pp | 23 q |
| BABAAlibaba Group Holding Limited | 3.18% | 558,507 | $49M | trimmed−13% | +0.07 pp | 23 q |
| TEVATeva Pharmaceutical Industries Limited | 3.03% | 5,147,027 | $47M | trimmed−44% | −1.51 pp | 21 q |
| JPMJPMorgan Chase & Co. | 3.02% | 349,181 | $47M | trimmed−11% | +0.53 pp | 18 q |
| CCitigroup Inc. | 3.01% | 1,030,868 | $47M | trimmed−1% | +0.38 pp | 39 q |
| NCLHNorwegian Cruise Line Holdings Ltd. | 3.01% | 3,803,983 | $47M | trimmed−8% | +0.17 pp | 9 q |
| GMGeneral Motors Company | 2.91% | 1,338,820 | $45M | trimmed−2% | +0.24 pp | 8 q |
| UBERUber Technologies, Inc. | 2.66% | 1,667,945 | $41M | trimmed−9% | −0.28 pp | 10 q |
| GOOSCanada Goose Holdings Inc. | 2.57% | 2,234,764 | $40M | added×2.2 | +1.64 pp | 12 q |
| FISVFiserv, Inc. | 2.50% | 382,490 | $39M | trimmed−21% | −0.25 pp | 5 q |
| UALUnited Airlines Holdings, Inc. | 2.44% | 1,001,950 | $38M | trimmed−15% | +0.10 pp | 3 q |
| TNLTravel + Leisure Co. | 2.35% | 1,001,052 | $36M | new | +2.35 pp | new |
| EXEExpand Energy Corporation | 2.34% | 383,200 | $36M | added×7.7 | +2.05 pp | 3 q |
| SPLKSplunk Inc | 2.16% | 388,824 | $33M | added+23% | +0.71 pp | 7 q |
| METAMeta Platforms, Inc. Class A | 2.14% | 275,914 | $33M | trimmed−4% | −0.23 pp | 23 q |
| FTCHQFarfetch Limited A | 2.09% | 6,852,427 | $32M | added+20% | −0.49 pp | 13 q |
| CLFCleveland-Cliffs Inc. | 2.08% | 2,002,557 | $32M | trimmed−27% | −0.16 pp | 5 q |
| ADTADT Inc. | 1.96% | 3,351,027 | $30M | trimmed−38% | −0.48 pp | 19 q |
| KRTXKaruna Therapeutics, Inc. | 1.84% | 144,966 | $28M | trimmed−15% | −0.49 pp | 8 q |
| COFCapital One Financial | 1.80% | 299,263 | $28M | trimmed−3% | +0.08 pp | 11 q |
| COINCoinbase Global, Inc. Class A | 1.64% | 716,532 | $25M | added×2.7 | +0.61 pp | 5 q |
| SICPSilvergate Capital Corp A | 1.60% | 1,423,984 | $25M | added×5.5 | +0.41 pp | 2 q |
| SOFISoFi Technologies, Inc. | 1.46% | 4,908,580 | $23M | trimmed−3% | −0.05 pp | 8 q |
| DXCDXC Technology Company | 0.96% | 558,816 | $15M | trimmed−65% | −1.42 pp | 13 q |
| SFIXStitch Fix, Inc. Class A | 0.85% | 4,234,914 | $13M | trimmed−6% | −0.23 pp | 2 q |
| VTRSViatris Inc. | 0.68% | 943,500 | $11M | held | — | 8 q |
| BKEThe Buckle, Inc. | 0.67% | 229,200 | $10M | trimmed−14% | +0.16 pp | 3 q |
| JXNJackson Financial Inc. | 0.56% | 250,440 | $9M | trimmed−4% | +0.12 pp | 5 q |
| VALEVale S.a. | 0.54% | 494,001 | $8M | trimmed−12% | +0.09 pp | 7 q |
| SPYState Street SPDR S&P 500 ETF Trust | 0.50% | 20,062 | $8M | added+3% | +0.08 pp | 3 q |
| CCThe Chemours Company | 0.49% | 250,000 | $8M | trimmed−13% | +0.06 pp | 14 q |
| CTOCTO Realty Growth, Inc. | 0.45% | 381,900 | $7M | added+6% | +0.04 pp | 5 q |
| ARLPAlliance Resource Partners LP | 0.43% | 324,000 | $7M | held | — | 9 q |
| MPTMedical Properties Trust, Inc. | 0.42% | 582,000 | $6M | added+75% | +0.18 pp | 2 q |
| OGNOrganon & Co. | 0.41% | 230,000 | $6M | added+12% | +0.12 pp | 6 q |
| CHSChicos FAS, Inc. | 0.40% | 1,273,032 | $6M | trimmed−19% | −0.06 pp | 15 q |
| NBRNabors Industries Ltd. | 0.39% | 38,726 | $6M | held | — | 23 q |
| QUADQUAD/GRAPHICS, Inc. | 0.38% | 1,450,000 | $6M | added+8% | +0.17 pp | 16 q |
| LAZLazard, Inc. | 0.28% | 127,200 | $4M | trimmed−7% | +0.01 pp | 11 q |
| APOApollo Global Management, Inc. | 0.27% | 66,000 | $4M | trimmed−10% | +0.06 pp | 4 q |
| GEOThe GEO Group, Inc. | 0.27% | 383,000 | $4M | trimmed−1% | +0.09 pp | 11 q |
| TDAYUSA TODAY Co., Inc. | 0.24% | 1,795,725 | $4M | trimmed−9% | +0.06 pp | 10 q |
| MEDMedifast, Inc. | 0.23% | 31,500 | $4M | new | +0.23 pp | new |
| SPGSimon Property Group, Inc. | 0.22% | 29,000 | $3M | held | — | 3 q |
| FTITechnipFMC plc | 0.22% | 278,200 | $3M | trimmed−21% | +0.04 pp | 4 q |
| 35OBSculptor Capital Management | 0.20% | 362,400 | $3M | trimmed−18% | −0.04 pp | 14 q |
| RILYBRC Group Holdings, Inc. | 0.19% | 87,500 | $3M | held | — | 4 q |
| DCHDauch Corporation | 0.17% | 339,475 | $3M | added+2% | +0.03 pp | 4 q |
| TPCTutor Perini Corporation | 0.15% | 306,700 | $2M | added+85% | +0.09 pp | 4 q |
| TROWT Rowe Price Group Inc | 0.14% | 19,175 | $2M | held | — | 2 q |
| MHOM/I Homes, Inc. | 0.13% | 41,915 | $2M | new | +0.13 pp | new |
| APAMArtisan Partners Asset Management Inc. | 0.12% | 63,000 | $2M | held | — | 3 q |
| CROXCrocs, Inc. | 0.11% | 15,000 | $2M | trimmed−12% | +0.04 pp | 3 q |
| CWHCamping World Holdings, Inc. | 0.10% | 67,000 | $1M | held | — | 2 q |
| BLDRBuilders FirstSource, Inc. | 0.09% | 21,500 | $1M | new | +0.09 pp | new |
| PBIPitney Bowes Inc. | 0.09% | 383,159 | $1M | trimmed−56% | −0.03 pp | 16 q |
| CNDTConduent Incorporated | 0.08% | 320,825 | $1M | trimmed−33% | −0.02 pp | 8 q |
| Microstrategy Incconvertible | 0.06% | 1,900,000 | $878,433 | held | — | 2 q |
| DODiamond Offshore Drilling, Inc. | 0.05% | 70,000 | $728,000 | held | — | 3 q |
| WOOFoot Locker Inc | 0.05% | 21,335 | $806,250 | held | — | 4 q |
| ATKRAtkore Inc. | 0.04% | 5,000 | $567,100 | new | +0.04 pp | new |
| BZHBeazer Homes USA, Inc. New | 0.04% | 50,000 | $638,000 | new | +0.04 pp | new |
| LYBLyondellBasell Industries N.V. Class A | 0.04% | 8,000 | $664,240 | new | +0.04 pp | new |
| PRDOPerdoceo Education Corporation | 0.03% | 35,000 | $486,500 | trimmed−36% | 0.00 pp | 7 q |
| TUPTupperware Brands Corporation | 0.03% | 98,426 | $407,484 | trimmed−54% | −0.06 pp | 7 q |
| BBXBluegreen Vacations Holding | 0.02% | 10,000 | $249,600 | new | +0.02 pp | new |
| IHRTiHeartMedia, Inc. Class A | 0.01% | 30,000 | $183,900 | held | — | 2 q |
| LADLithia Motors, Inc. | 0.01% | 1,000 | $204,740 | new | +0.01 pp | new |
| DBDeutsche Bank Aktiengesellschaft | 0.01% | 8,000 | $92,160 | added+60% | +0.01 pp | 2 q |
| BCSBarclays PLC | 0.00% | 8,000 | $62,400 | added+60% | 0.00 pp | 2 q |
| unresolvedDesktop Metal Inc | 0.00% | 5,000 | $6,800 | trimmed−50% | 0.00 pp | 2 q |
| FANGDiamondback Energy, Inc. | — | −295,651 | — | exited | −2.17 pp | — |
| VNTVontier Corporation | — | −1,585,429 | — | exited | −1.61 pp | — |
| BACBank of America Corporation | — | −423,292 | — | exited | −0.78 pp | — |
| BHCBausch Health Companies Inc | — | −1,555,658 | — | exited | −0.65 pp | — |
| LPINVital Energy Inc | — | −7,500 | — | exited | −0.03 pp | — |
| YETIYETI Holdings, Inc. | — | −15,500 | — | exited | −0.03 pp | — |
| OPENOpendoor Technologies Inc | — | −103,000 | — | exited | −0.02 pp | — |
| unresolvedAltus Power Inc | — | −10,000 | — | exited | 0.00 pp | — |
| unresolvedCredit Suisse Group Spon ADR | — | −5,000 | — | exited | 0.00 pp | — |
| DSDrive Shack Inc. | — | −10,000 | — | exited | 0.00 pp | — |
| PRCHPorch Group, Inc. | — | −10,000 | — | exited | 0.00 pp | — |
| QUOTQuotient Technology Inc | — | −10,000 | — | exited | 0.00 pp | — |
| unresolved23ANDME Holding Co | — | −10,000 | — | exited | 0.00 pp | — |
| VRMVroom, Inc. | — | −10,000 | — | exited | 0.00 pp | — |
| unresolvedWheels Up Experience Inc | — | −10,000 | — | exited | 0.00 pp | — |
| unresolvedWheels Up Experience Inc | — | −250,000 | — | exited | 0.00 pp | — |
| WW6Willis Towers Watson Public Limited Company | — | −10,000 | — | exited | 0.00 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| DB CALL | 72.14% | 150,000 | $2M |
| BCS CALL | 11.89% | 36,500 | $284,700 |
| PBI CALL | 7.93% | 50,000 | $190,000 |
| Credit Suisse Group Spon ADR CALL | 6.35% | 50,000 | $152,000 |
| Desktop Metal Inc CALL | 1.70% | 29,900 | $40,664 |
Notes