SEC 13F Intelligence

Managers / Q3 2019 · view latest →

MILLER VALUE PARTNERS, LLC

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

Reported Value
$2.5B
Q3 2019
Positions
101
Filings on Record
31
2019–present window
Filed
Nov 14, 2019
original filing

Summary

Miller Value Partners, LLC reported $2.5B in U.S.-listed holdings across 101 positions for Q3 2019.

Its largest position, RH, represents 4.7% of the portfolio.

Compared with Q2 2019, the fund opened 12 new positions and exited 11.

Portfolio Metrics

Turnover
+9.4%
vs prior filed quarter
Top-10 Concentration
+37.9%
share of reported value
Largest Position
+4.7%
Rh
New / Exited
12 / 11
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. 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: 82.7%Other: 12.0%ADR: 4.3%MLP: 0.4%ETP: 0.4%Other: 0.2%
  • Common Stock · 82.7% · $2.1B
  • Other · 12.0% · $299M
  • ADR · 4.3% · $106M
  • MLP · 0.4% · $10M
  • ETP · 0.4% · $10M
  • Other · 0.2% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MEDMEDIFAST INCNEW+679.5K679.5K+$70M$70M
PTONPELOTON INTERACTIVE INCNEW+767.3K767.3K+$19M$19M
APOEURAPOLLO GLOBAL MGMT INCNEW+449.5K449.5K+$17M$17M
35OBSCULPTOR CAP MGMTNEW+189.5K189.5K+$4M$4M
CCCHEMOURS CONEW+238.4K238.4K+$4M$4M
HEXO CORPNEW+180.0K180.0K+$713,000$713,000
TBCHTURTLE BEACH CORPNEW+51.0K51.0K+$595,000$595,000
TPCTUTOR PERINI CORPNEW+37.5K37.5K+$538,000$538,000

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

Holdings — Q3 2019

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RHRHhistory →COM4.67%$116M679.8K
2AMZNAMAZON COM INChistory →COM4.60%$114M65.9K
3ADTADT INChistory →COM4.09%$102M16.21M
4OMFONEMAIN HLDGS INChistory →COM4.03%$100M2.73M
5BHCBAUSCH HEALTH COS INChistory →COM3.97%$99M4.52M
6BHFBRIGHTHOUSE FINL INChistory →COM3.72%$93M2.29M
7GNWGENWORTH FINL INChistory →COM CL A3.49%$87M19.74M
8LENLENNAR CORPhistory →CL A3.34%$83M1.49M
9JPMJPMORGAN CHASE & COhistory →COM3.08%$76M649.9K
10NXP SEMICONDUCTORS N VCOM2.94%$73M670.0K
11FLEXION THERAPEUTICS INCCOM2.87%$71M5.22M
12DALDELTA AIR LINES INC DELhistory →COM NEW2.85%$71M1.23M
13MEDMEDIFAST INChistory →COM2.83%$70M679.5K
14MUMICRON TECHNOLOGY INChistory →COM2.81%$70M1.63M
15METAFACEBOOK INChistory →CL A2.77%$69M387.2K
16BACBANK AMER CORPhistory →COM2.55%$63M2.17M
17HWAYEURTIVITY HEALTH INChistory →COM2.46%$61M3.68M
18AALAMERICAN AIRLS GROUP INChistory →COM2.37%$59M2.19M
19TEVATEVA PHARMACEUTICAL INDS LTDhistory →SPONSORED ADS2.35%$58M8.49M
20QUOTUSDQUOTIENT TECHNOLOGY INChistory →COM2.30%$57M7.33M
21UALUNITED AIRLINES HLDGS INChistory →COM2.25%$56M633.4K
22ZIOPHARM ONCOLOGY INCCOM2.23%$56M12.98M
23PHMPULTE GROUP INChistory →COM2.14%$53M1.46M
24XONUSDINTREXON CORPhistory →COM1.94%$48M8.41M
25CVSCVS HEALTH CORPhistory →COM1.93%$48M759.6K
26ENDO INTL PLCSHS1.92%$48M14.87M
27TRVCCITIGROUP INChistory →COM NEW1.81%$45M651.2K
28DISCAUSDDISCOVERY INChistory →COM SER A1.77%$44M1.66M
29ALXNALEXION PHARMACEUTICALS INChistory →COM1.77%$44M448.8K
30BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.75%$43M259.8K
31QCOMQUALCOMM INChistory →COM1.54%$38M502.7K
32EB4EVENTBRITE INChistory →COM CL A1.46%$36M2.05M
33AVPUSDAVON PRODS INChistory →COM1.42%$35M8.00M
34SFIXSTITCH FIX INChistory →COM CL A1.27%$32M1.64M
35PTONPELOTON INTERACTIVE INChistory →CL A COM0.77%$19M767.3K
36PBIPITNEY BOWES INChistory →COM0.76%$19M4.15M
37APOEURAPOLLO GLOBAL MGMT INChistory →COM CL A0.68%$17M449.5K
38WLHUSDLYON WILLIAM HOMEShistory →CL A NEW0.66%$16M808.9K
39CARLYLE GROUP L PCOM UTS LTD PTN0.60%$15M583.8K
40CHGGCHEGG INChistory →COM0.51%$13M425.0K
41GTY TECHNOLOGY HOLDINGS INCCOM0.47%$12M1.85M
42MIC2USDMACQUARIE INFRASTRUCTURE CORhistory →COM0.39%$10M248.0K
43CTLEURCENTURYLINK INChistory →COM0.38%$9M759.4K
44WDWALKER & DUNLOP INChistory →COM0.33%$8M148.0K
45PROSHARES TRULTRPRO S&P5000.32%$8M145.6K
46BCBCADCOTT CORP QUEhistory →COM0.30%$7M600.0K
47ANFABERCROMBIE & FITCH COhistory →CL A0.29%$7M463.8K
48SEASPAN CORPSHS0.27%$7M641.7K
49NCMIEURNATIONAL CINEMEDIA INChistory →COM0.27%$7M830.0K
50QUADQUAD / GRAPHICS INChistory →COM CL A0.27%$7M630.0K

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 ↗.