SEC 13F Intelligence

Managers / Q2 2020 · view latest →

MILLER VALUE PARTNERS, LLC

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

Reported Value
$2.3B
Q2 2020
Positions
79
Filings on Record
31
2019–present window
Filed
Aug 14, 2020
original filing

Summary

Miller Value Partners, LLC reported $2.3B in U.S.-listed holdings across 79 positions for Q2 2020.

Its largest position, FTCHQ, represents 6.3% of the portfolio.

Compared with Q1 2020, the fund opened 12 new positions and exited 7.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+41.3%
share of reported value
Largest Position
+6.3%
Farfetch
New / Exited
12 / 7
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: 81.1%Other: 9.8%ADR: 7.3%MLP: 1.5%REIT: 0.2%Other: 0.2%
  • Common Stock · 81.1% · $1.8B
  • Other · 9.8% · $220M
  • ADR · 7.3% · $164M
  • MLP · 1.5% · $34M
  • REIT · 0.2% · $4M
  • Other · 0.2% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WDAYWORKDAY INCNEW+209.3K209.3K+$39M$39M
VRMUSDVROOM INCNEW+625.6K625.6K+$33M$33M
COFCAPITAL ONE FINL CORPNEW+403.9K403.9K+$25M$25M
GEGGEO GROUP INC NEWNEW+785.0K785.0K+$9M$9M
AVID TECHNOLOGY INCNEW+686.3K686.3K+$5M$5M
LAZARD LTDNEW+120.0K120.0K+$3M$3M
NABORS INDUSTRIES LTDNEW+34.1K34.1K+$1M$1M
JDJD.COM INCNEW+10.7K10.7K+$644,000$644,000

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

Holdings — Q2 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FTCHQFARFETCH LTDhistory →ORD SH CL A6.30%$142M8.21M
2AMZNAMAZON COM INChistory →COM6.25%$141M51.1K
3ADTADT INC DELhistory →COM5.26%$118M14.84M
4TEVATEVA PHARMACEUTICAL INDS LTDhistory →SPONSORED ADS4.30%$97M7.85M
5METAFACEBOOK INChistory →CL A3.58%$81M355.1K
6MEDMEDIFAST INChistory →COM3.45%$78M559.3K
7GOOGLALPHABET INChistory →CAP STK CL A3.16%$71M50.1K
8FLEXION THERAPEUTICS INCCOM3.03%$68M5.20M
9DXCDXC TECHNOLOGY COhistory →COM2.97%$67M4.06M
10TMHCTAYLOR MORRISON HOME CORPhistory →COM2.97%$67M3.47M
11BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS2.94%$66M306.6K
12SFIXSTITCH FIX INChistory →COM CL A2.92%$66M2.63M
13CCCHEMOURS COhistory →COM2.78%$63M4.09M
14LENLENNAR CORPhistory →CL A2.60%$59M951.5K
15BHCBAUSCH HEALTH COS INChistory →COM2.56%$58M3.16M
16RHRHhistory →COM2.49%$56M225.1K
17OMFONEMAIN HLDGS INChistory →COM2.46%$55M2.25M
18QUOTUSDQUOTIENT TECHNOLOGY INChistory →COM2.37%$53M7.30M
19PTONPELOTON INTERACTIVE INChistory →CL A COM2.19%$49M854.6K
20NXP SEMICONDUCTORS N VCOM2.15%$48M423.8K
21DALDELTA AIR LINES INC DELhistory →COM NEW1.99%$45M1.60M
22BACBK OF AMERICA CORPhistory →COM1.95%$44M1.85M
23HWAYEURTIVITY HEALTH INChistory →COM1.92%$43M3.81M
24ZIOPHARM ONCOLOGY INCCOM1.84%$41M12.62M
25UALUNITED AIRLS HLDGS INChistory →COM1.80%$41M1.17M
26WDAYWORKDAY INChistory →CL A1.74%$39M209.3K
27PGENPRECIGEN INChistory →COM1.71%$39M7.72M
28JPMJPMORGAN CHASE & COhistory →COM1.66%$37M397.7K
29BABOEING COhistory →COM1.61%$36M197.6K
30ETENERGY TRANSFER LPhistory →COM UT LTD PTN1.49%$34M4.71M
31TRVCCITIGROUP INChistory →COM NEW1.47%$33M646.2K
32VRMUSDVROOM INChistory →COM1.45%$33M625.6K
33GNWGENWORTH FINL INChistory →COM CL A1.36%$31M13.26M
34DISCAUSDDISCOVERY INChistory →COM SER A1.35%$30M1.45M
35ENDO INTL PLCSHS1.34%$30M8.77M
36BHFBRIGHTHOUSE FINL INChistory →COM1.14%$26M922.7K
37COFCAPITAL ONE FINL CORPhistory →COM1.12%$25M403.9K
38GOOSCANADA GOOSE HLDGS INChistory →SHS SUB VTG1.03%$23M1.00M
39DBDEURDIEBOLD NXDF INChistory →COM0.85%$19M3.16M
40PBIPITNEY BOWES INChistory →COM0.62%$14M5.41M
41APOEURAPOLLO GLOBAL MGMT INChistory →COM CL A0.47%$10M209.8K
42GEGGEO GROUP INC NEWhistory →COM0.41%$9M785.0K
43GTY TECHNOLOGY HOLDINGS INCCOM0.36%$8M1.92M
44CEDAR FAIR L PDEPOSITRY UNIT0.32%$7M266.0K
45CGCARLYLE GROUP INChistory →COM0.27%$6M220.0K
46ATLAS CORPSHS0.23%$5M673.1K
47AVID TECHNOLOGY INCCOM0.22%$5M686.3K
48PROSHARES TRULTRPRO S&P5000.18%$4M91.8K
49QUADQUAD / GRAPHICS INChistory →COM CL A0.16%$4M1.14M
50LAZARD LTDSHS A0.15%$3M120.0K

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 ↗.