SEC 13F Intelligence

Managers / Q4 2022 · view latest →

MILLER VALUE PARTNERS, LLC

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

Reported Value
$1.6B
Q4 2022
Positions
84
Filings on Record
31
2019–present window
Filed
Feb 14, 2023
amendment (RESTATEMENT)

Summary

Miller Value Partners, LLC reported $1.6B in U.S.-listed holdings across 84 positions for Q4 2022.

Its largest position, OVV, represents 4.8% of the portfolio.

Compared with Q3 2022, the fund opened 9 new positions and exited 16.

Portfolio Metrics

Turnover
+11.5%
vs prior filed quarter
Top-10 Concentration
+39.5%
share of reported value
Largest Position
+4.8%
Ovintiv
New / Exited
9 / 16
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: 81.4%ADR: 6.8%Other: 5.9%MLP: 4.2%REIT: 1.1%Other: 0.6%
  • Common Stock · 81.4% · $1.3B
  • ADR · 6.8% · $105M
  • Other · 5.9% · $92M
  • MLP · 4.2% · $66M
  • REIT · 1.1% · $17M
  • Other · 0.6% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WD5ATRAVEL PLUS LEISURE CONEW+1.00M1.00M+$36M$36M
MEDMEDIFAST INCNEW+31.5K31.5K+$4M$4M
MHOM/I HOMES INCNEW+41.9K41.9K+$2M$2M
BLDRBUILDERS FIRSTSOURCE INCNEW+21.5K21.5K+$1M$1M
LYONDELLBASELL INDUSTRIES NNEW+8.0K8.0K+$664,240$664,240
BZHBEAZER HOMES USA INCNEW+50.0K50.0K+$638,000$638,000
ATKRATKORE INCNEW+5.0K5.0K+$567,100$567,100
BLUEGREEN VACATIONS HLDG CORNEW+10.0K10.0K+$249,600$249,600

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

Holdings — Q4 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1OVVOVINTIV INChistory →COM4.77%$74M1.46M
2OMFONEMAIN HLDGS INChistory →COM4.51%$70M2.10M
3EXPEEXPEDIA GROUP INChistory →COM NEW4.45%$69M787.3K
4TMHCTAYLOR MORRISON HOME CORPhistory →COM4.21%$65M2.15M
5MATMATTEL INChistory →COM3.86%$60M3.36M
6ETENERGY TRANSFER L Phistory →COM UT LTD PTN3.82%$59M5.00M
7AMZNAMAZON COM INChistory →COM3.64%$56M671.5K
8DALDELTA AIR LINES INC DELhistory →COM NEW3.55%$55M1.68M
9GOOGLALPHABET INChistory →CAP STK CL A3.50%$54M615.8K
10BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS3.17%$49M558.5K
11TEVATEVA PHARMACEUTICAL INDS LTDhistory →SPONSORED ADS3.03%$47M5.15M
12JPMJPMORGAN CHASE & COhistory →COM3.02%$47M349.2K
13TRVCCITIGROUP INChistory →COM NEW3.01%$47M1.03M
14NORWEGIAN CRUISE LINE HLDG LSHS3.00%$47M3.80M
15GMGENERAL MTRS COhistory →COM2.90%$45M1.34M
16UBERUBER TECHNOLOGIES INChistory →COM2.66%$41M1.67M
17GOOSCANADA GOOSE HLDGS INChistory →SHS SUB VTG2.57%$40M2.23M
18FISVFISERV INChistory →COM2.49%$39M382.5K
19UALUNITED AIRLS HLDGS INChistory →COM2.44%$38M1.00M
20WD5ATRAVEL PLUS LEISURE COhistory →COM2.35%$36M1.00M
21EXECHESAPEAKE ENERGY CORPhistory →COM2.33%$36M383.2K
22SPLKCHFSPLUNK INChistory →COM2.16%$33M388.8K
23METAMETA PLATFORMS INChistory →CL A2.14%$33M275.9K
24FTCHQFARFETCH LTDhistory →ORD SH CL A2.09%$32M6.85M
25CLFCLEVELAND-CLIFFS INC NEWhistory →COM2.08%$32M2.00M
26ADTADT INC DELhistory →COM1.96%$30M3.35M
27KARUNA THERAPEUTICS INCCOM1.84%$28M145.0K
28COFCAPITAL ONE FINL CORPhistory →COM1.79%$28M299.3K
29COINCOINBASE GLOBAL INChistory →COM CL A1.64%$25M716.5K
30SICPSILVERGATE CAP CORPhistory →CL A1.60%$25M1.42M
31SOFISOFI TECHNOLOGIES INChistory →COM1.46%$23M4.91M
32DXCDXC TECHNOLOGY COhistory →COM0.95%$15M558.8K
33SFIXSTITCH FIX INChistory →COM CL A0.85%$13M4.23M
34VTRSVIATRIS INChistory →COM0.68%$11M943.5K
35BKEBUCKLE INChistory →COM0.67%$10M229.2K
36JXNJACKSON FINANCIAL INChistory →COM CL A0.56%$9M250.4K
37VALE S ASPONSORED ADS0.54%$8M494.0K
38SPDR S&P 500 ETF TRTR UNIT0.49%$8M20.1K
39CCCHEMOURS COhistory →COM0.49%$8M250.0K
40CTOCTO RLTY GROWTH INC NEWhistory →COM0.45%$7M381.9K
41ARLPALLIANCE RESOURCE PARTNERS Lhistory →UT LTD PART0.42%$7M324.0K
42MPTMEDICAL PPTYS TRUST INChistory →COM0.42%$6M582.0K
43OGNORGANON & COhistory →COMMON STOCK0.41%$6M230.0K
44CHS1USDCHICOS FAS INChistory →COM0.40%$6M1.27M
45NABORS INDUSTRIES LTDSHS0.39%$6M38.7K
46QUADQUAD / GRAPHICS INChistory →COM CL A0.38%$6M1.45M
47LAZARD LTDSHS A0.28%$4M127.2K
48APOAPOLLO GLOBAL MGMT INChistory →COM0.27%$4M66.0K
49GEGGEO GROUP INC NEWhistory →COM0.27%$4M383.0K
50TDAYGANNETT CO INChistory →COM0.24%$4M1.80M

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 ↗.