SEC 13F Intelligence

Managers / Q1 2019 · view latest →

MILLER VALUE PARTNERS, LLC

CIK 0001135778 · 50 S. LEMON AVE #302, SARASOTA, FL, 34236 · 410-454-3159

Reported Value
$2.5B
Q1 2019
Positions
102
Filings on Record
31
2019–present window
Filed
May 15, 2019
original filing

Summary

Miller Value Partners, LLC reported $2.5B in U.S.-listed holdings across 102 positions for Q1 2019.

Its largest position, AMZN, represents 5.4% of the portfolio.

Compared with Q4 2018, the fund opened 13 new positions and exited 13.

Portfolio Metrics

Turnover
+7.6%
vs prior filed quarter
Top-10 Concentration
+36.7%
share of reported value
Largest Position
+5.4%
Amazon Com
New / Exited
13 / 13
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.2BQ4 ’18Q1 ’19: $2.5BQ2 ’19: $2.6BQ3 ’19: $2.5BQ4 ’19: $2.8BQ4 ’19Q1 ’20: $1.6BQ2 ’20: $2.3BQ3 ’20: $2.8BQ4 ’20: $3.3BQ4 ’20Q1 ’21: $3.9BQ2 ’21: $4.2BQ3 ’21: $4.3BQ4 ’21: $3.7BQ4 ’21Q1 ’22: $3.1BQ2 ’22: $2.0BQ3 ’22: $1.6BQ4 ’22: $1.6BQ4 ’22Q1 ’23: $1.6BQ2 ’23: $152MQ3 ’23: $159MQ4 ’23: $168MQ4 ’23Q1 ’24: $156MQ2 ’24: $157MQ3 ’24: $177MQ4 ’24: $234MQ4 ’24Q1 ’25: $219MQ2 ’25: $236MQ3 ’25: $272MQ4 ’25: $284MQ4 ’25Q1 ’26: $383Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 81.1%Other: 13.1%ADR: 4.0%REIT: 1.0%MLP: 0.4%ETP: 0.4%
  • Common Stock · 81.1% · $2.0B
  • Other · 13.1% · $330M
  • ADR · 4.0% · $102M
  • REIT · 1.0% · $24M
  • MLP · 0.4% · $11M
  • ETP · 0.4% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BIDUBAIDU INCNEW+179.2K179.2K+$30M$30M
PBIPITNEY BOWES INCNEW+2.39M2.39M+$16M$16M
GTY TECHNOLOGY HOLDINGS INCNEW+1.85M1.85M+$16M$16M
UPROPROSHARES TRNEW+145.6K145.6K+$7M$7M
QUADQUAD / GRAPHICS INCNEW+260.0K260.0K+$3M$3M
MAXAR TECHNOLOGIES INCNEW+158.0K158.0K+$635,000$635,000
DIREXION SHS ETF TRNEW+10.0K10.0K+$611,000$611,000
NAILDIREXION SHS ETF TRNEW+11.0K11.0K+$411,000$411,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

98 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMZNAMAZON COM INChistory →COM5.41%$137M76.7K
2BHCBAUSCH HEALTH COS INChistory →COM4.67%$118M4.77M
3OMFONEMAIN HLDGS INChistory →COM4.00%$101M3.18M
4RHRHhistory →COM3.76%$95M922.2K
5BHFBRIGHTHOUSE FINL INChistory →COM3.29%$83M2.29M
6AVON PRODS INCCOM3.27%$83M28.07M
7GNWGENWORTH FINL INChistory →COM CL A3.12%$79M20.53M
8MUMICRON TECHNOLOGY INChistory →COM3.08%$78M1.88M
9JPMJPMORGAN CHASE & COhistory →COM3.08%$78M767.4K
10NXPINXP SEMICONDUCTORS N Vhistory →COM2.99%$76M854.8K
11METAFACEBOOK INChistory →CL A2.96%$75M448.0K
12DALDELTA AIR LINES INC DELhistory →COM NEW2.91%$74M1.42M
13LENLENNAR CORPhistory →CL A2.90%$73M1.49M
14ENDO INTL PLCSHS2.88%$73M9.05M
15ADTADT INChistory →COM2.87%$72M11.34M
16TEVATEVA PHARMACEUTICAL INDS LTDhistory →SPONSORED ADS2.82%$71M4.54M
17QUOTIENT TECHNOLOGY INCCOM2.79%$71M7.15M
18MALLINCKRODT PUB LTD COSHS2.68%$68M3.11M
19UALUNITED CONTL HLDGS INChistory →COM2.61%$66M824.6K
20PHMPULTE GROUP INChistory →COM2.52%$64M2.27M
21ALXNALEXION PHARMACEUTICALS INChistory →COM2.40%$61M447.7K
22BACBANK AMER CORPhistory →COM2.37%$60M2.17M
23CENTURYLINK INCCOM2.17%$55M4.56M
24DISCOVERY INCCOM SER A2.04%$52M1.91M
25FLEXION THERAPEUTICS INCCOM2.03%$51M4.11M
26AALAMERICAN AIRLS GROUP INChistory →COM1.94%$49M1.54M
27ALLERGAN PLCSHS1.62%$41M278.7K
28CCITIGROUP INChistory →COM NEW1.60%$40M647.6K
29CELGCELGENE CORPhistory →COM1.58%$40M423.3K
30INTREXON CORPCOM1.48%$37M7.08M
31QCOMQUALCOMM INChistory →COM1.42%$36M626.8K
32ZIOPHARM ONCOLOGY INCCOM1.41%$36M9.24M
33BIDUBAIDU INChistory →SPON ADR REP A1.17%$30M179.2K
34ENDURANCE INTL GROUP HLDGS ICOM1.01%$26M3.53M
35SFIXSTITCH FIX INChistory →COM CL A0.98%$25M876.2K
36CHGGCHEGG INChistory →COM0.76%$19M500.0K
37GTY TECHNOLOGY HOLDINGS INCCOM · *W EXP 02/19/2020.66%$17M2.47M
38PBIPITNEY BOWES INChistory →COM0.65%$16M2.39M
39APOLLO GLOBAL MGMT LLCCL A SHS0.51%$13M456.5K
40LYON WILLIAM HOMESCL A NEW0.50%$13M821.9K
41CARLYLE GROUP L PCOM UTS LTD PTN0.42%$11M583.8K
42MACQUARIE INFRASTRUCTURE CORCOM0.42%$11M258.0K
43WDWALKER & DUNLOP INChistory →COM0.40%$10M200.0K
44JEGBPJUST ENERGY GROUP INChistory →COM0.37%$9M2.76M
45COTT CORP QUECOM0.35%$9M600.0K
46FIAT CHRYSLER AUTOMOBILES NSHS0.29%$7M500.0K
47BXUSDBLACKSTONE GROUP L Phistory →COM UNIT LTD0.29%$7M211.0K
48UPROPROSHARES TRhistory →ULTRPRO S&P5000.28%$7M145.6K
49NATIONAL CINEMEDIA INCCOM0.27%$7M950.0K
50NGLNGL ENERGY PARTNERS LPhistory →COM UNIT REPST0.26%$7M475.0K
51NWLNEWELL BRANDS INChistory →COM0.24%$6M399.2K
52RITMNEW RESIDENTIAL INVT CORPhistory →COM NEW0.24%$6M353.8K
53SEASPAN CORPSHS0.23%$6M666.9K
54BGC PARTNERS INCCL A0.21%$5M1.00M
55CIMCHIMERA INVT CORPhistory →COM NEW0.21%$5M280.0K
56TWO HBRS INVT CORPCOM NEW0.20%$5M379.1K
57ARLINGTON ASSET INVT CORPCL A NEW0.19%$5M591.7K
58GREENHILL & CO INCCOM0.18%$5M212.0K
59ETENERGY TRANSFER LPhistory →COM UT LTD PTN0.18%$5M296.2K
60NEW MEDIA INVT GROUP INCCOM0.14%$4M342.0K
61WASHINGTON PRIME GROUP NEWCOM0.13%$3M575.0K
62STWDSTARWOOD PPTY TR INChistory →COM0.13%$3M145.2K
63QUADQUAD / GRAPHICS INChistory →COM CL A0.12%$3M260.0K
64CEDAR FAIR L PDEPOSITRY UNIT0.11%$3M52.5K
65ASHFORD HOSPITALITY TR INCCOM SHS0.09%$2M485.0K
66CODICOMPASS DIVERSIFIED HOLDINGShistory →SH BEN INT0.09%$2M140.0K
67WESTERN ASSET MTG CAP CORPCOM0.06%$1M142.9K
68NABORS INDUSTRIES LTDSHS0.06%$1M418.6K
69TWITTER INCCOM0.05%$1M41.0K
70BED BATH & BEYOND INCCOM0.05%$1M75.3K
71JMP GROUP LLCCOM0.04%$1M300.0K
72NAILDIREXION SHS ETF TRDLY SMCAP BULL3X · DALY HOM B&S BUL0.04%$1M21.0K
73GMEGAMESTOP CORP NEWhistory →CL A0.04%$998,00098.2K
74KKRKKR & CO INChistory →CL A0.04%$940,00040.0K
75BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS0.03%$821,0004.5K
76PPLTABERDEEN STD PLATINUM ETF TRhistory →PHYSCL PLATM SHS0.03%$802,00010.0K
77GOOGLALPHABET INChistory →CAP STK CL A0.03%$706,000600
78FRONTIER COMMUNICATIONS CORPCOM NEW0.03%$660,000331.9K
79MAXAR TECHNOLOGIES INCCOM0.03%$635,000158.0K
80UISUNISYS CORPhistory →COM NEW0.02%$536,00046.0K
81CCSCENTURY CMNTYS INChistory →COM0.02%$407,00017.0K
82DIEBOLD NXDF INCCOM0.02%$387,00035.0K
83LVSLAS VEGAS SANDS CORPhistory →COM0.01%$366,0006.0K
84WDCWESTERN DIGITAL CORPhistory →COM0.01%$341,0007.1K
85NOBLE CORP PLCSHS USD0.01%$325,000113.3K
86HALOHALOZYME THERAPEUTICS INChistory →COM0.01%$322,00020.0K
87ALSKALASKA COMMUNICATIONS SYS GRhistory →COM0.01%$288,000150.0K
88WFCWELLS FARGO CO NEWhistory →COM0.01%$287,0005.9K
89SIGSIGNET JEWELERS LIMITEDhistory →SHS0.01%$285,00010.5K
90CVNACARVANA COhistory →CL A0.01%$232,0004.0K
91EXPRESS INCCOM0.01%$210,00049.1K
92GNCIQGNC HLDGS INChistory →COM CL A0.01%$197,00072.1K
93CYHCOMMUNITY HEALTH SYS INC NEWhistory →COM0.01%$161,00043.2K
94BCSBARCLAYS PLChistory →ADR0.01%$134,00016.8K
95MCDIFMCDERMOTT INTL INChistory →COM0.00%$113,00015.2K
96CHESAPEAKE ENERGY CORPCOM0.00%$58,00018.7K
97ASCENA RETAIL GROUP INCCOM0.00%$43,00039.6K
98OBSIDIAN ENERGY LTDCOM0.00%$43,000157.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$383M55May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$284M34Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$272M36Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$236M33Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$219M34May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$234M33Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$177M30Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$157M29Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$156M30May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$168M42Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$159M46Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$152M46Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.6B90May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.6B84Feb 14, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$1.6B92Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.0B119Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.1B126May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.7B129Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.3B125Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.2B124Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.9B114May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.3B102Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.8B90Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.3B79Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.6B73May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.8B95Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.5B101Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.6B102Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.5B102May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.2B102Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.