SEC 13F Intelligence

Managers / Q1 2026

MILLER VALUE PARTNERS, LLC

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

Reported Value
$383M
Q1 2026
Positions
55
Filings on Record
31
2019–present window
Filed
May 15, 2026
original filing

Summary

Miller Value Partners, LLC reported $383M in U.S.-listed holdings across 55 positions for Q1 2026.

Its largest position, Nabors Industries, represents 10.0% of the portfolio.

Compared with Q4 2025, the fund opened 22 new positions and exited 1.

Portfolio Metrics

Turnover
+8.8%
vs prior filed quarter
Top-10 Concentration
+51.9%
share of reported value
Largest Position
+10.0%
Nabors Industries
New / Exited
22 / 1
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: 74.7%Other: 13.6%REIT: 5.2%ETP: 5.1%MLP: 1.3%
  • Common Stock · 74.7% · $286M
  • Other · 13.6% · $52M
  • REIT · 5.2% · $20M
  • ETP · 5.1% · $20M
  • MLP · 1.3% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CRGYCRESCENT ENERGY COMPANYNEW+2.00M2.00M+$27M$27M
STATE STR SPDR S&P 500 ETF TNEW+30.0K30.0K+$20M$20M
BLMNBLOOMIN BRANDS INCNEW+2.04M2.04M+$11M$11M
ABRARBOR REALTY TRUST INCNEW+604.0K604.0K+$5M$5M
MLB1MERCADOLIBRE INCNEW+2.2K2.2K+$4M$4M
CROXCROCS INCNEW+38.5K38.5K+$3M$3M
FIGRFIGURE TECHNOLOGY SOLUTIONEW+91.0K91.0K+$3M$3M
JXC1ZIFF DAVIS INCNEW+68.1K68.1K+$3M$3M

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

Holdings — Q1 2026

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NABORS INDUSTRIES LTDSHS9.98%$38M444.4K
2CRGYCRESCENT ENERGY COMPANYhistory →CL A COM7.06%$27M2.00M
3GTNGRAY MEDIA INChistory →COM6.08%$23M5.37M
4LNCLINCOLN NATL CORP INDhistory →COM5.29%$20M570.7K
5STATE STR SPDR S&P 500 ETF TTR UNIT5.10%$20M30.0K
6QUADQUAD / GRAPHICS INChistory →COM CL A4.57%$18M2.65M
7BFHBREAD FINANCIAL HOLDINGS INChistory →COM3.79%$15M193.7K
8TDAYUSA TODAY CO INChistory →COM3.62%$14M1.97M
9CNDTCONDUENT INChistory →COM3.35%$13M10.02M
10UPSUNITED PARCEL SVCS INChistory →CL B3.06%$12M119.1K
11BLMNBLOOMIN BRANDS INChistory →COM2.87%$11M2.04M
12FOSLFOSSIL GROUP INChistory →COM2.73%$10M2.43M
13CTOCTO RLTY GROWTH INC NEWhistory →COM2.68%$10M556.1K
14ITURAN LOCATION AND CONTROLSHS2.61%$10M203.9K
15VTRSVIATRIS INChistory →COM2.58%$10M731.7K
16CHRDCHORD ENERGY CORPORATIONhistory →COM NEW2.57%$10M69.3K
17JXNJACKSON FINANCIAL INChistory →COM CL A2.23%$9M80.7K
18BACVERIZON COMMUNICATIONS INChistory →COM2.20%$8M168.0K
19DCHDAUCH CORPhistory →COM2.16%$8M1.40M
20JELDJELD-WEN HLDG INChistory →COM2.14%$8M6.62M
21MIGASTRATEGY INChistory →CL A NEW1.70%$6M52.1K
22ARLPALLIANCE RESOURCE PARTNERS Lhistory →UT LTD PART1.34%$5M185.3K
23MRPMILLROSE PPTYS INChistory →COM CL A1.32%$5M180.8K
24CALMCAL MAINE FOODS INChistory →COM NEW1.28%$5M62.0K
25ABRARBOR REALTY TRUST INChistory →COM1.22%$5M604.0K
26OMFONEMAIN HLDGS INChistory →COM1.16%$4M82.9K
27UGIUGI CORP NEWhistory →COM1.15%$4M121.0K
28BMYBRISTOL-MYERS SQUIBB COhistory →COM1.10%$4M69.5K
29WEAWESTERN ALLIANCE BANCORPhistory →COM1.02%$4M55.3K
30BBWBUILD-A-BEAR WORKSHOP INChistory →COM1.01%$4M103.7K
31MLB1MERCADOLIBRE INChistory →COM1.00%$4M2.2K
32CROXCROCS INChistory →COM0.84%$3M38.5K
33FIGRFIGURE TECHNOLOGY SOLUTIOhistory →COM CL A0.81%$3M91.0K
34LYONDELLBASELL INDUSTRIES NVSHS - A -0.80%$3M38.0K
35JXC1ZIFF DAVIS INChistory →COM0.75%$3M68.1K
36BCCBOISE CASCADE CO DELhistory →COM0.73%$3M37.0K
37REZIRESIDEO TECHNOLOGIES INChistory →COM0.61%$2M69.8K
38CTRNCITI TRENDS INChistory →COM0.61%$2M53.8K
39UPBDUPBOUND GROUP INChistory →COM0.57%$2M120.0K
40ABNBAIRBNB INChistory →COM CL A0.53%$2M16.1K
41CGCARLYLE GROUP INChistory →COM0.51%$2M40.0K
42CARTMAPLEBEAR INChistory →COM0.45%$2M45.6K
43BLDRBUILDERS FIRSTSOURCE INChistory →COM0.41%$2M18.9K
44PRDOPERDOCEO ED CORPhistory →COM0.39%$2M40.4K
45FOURSHIFT4 PMTS INChistory →CL A0.34%$1M30.0K
46CPNGCOUPANG INChistory →CL A0.31%$1M62.5K
47PINSPINTEREST INChistory →CL A0.29%$1M60.0K
48MBCMASTERBRAND INChistory →COMMON STOCK0.23%$871,337104.9K
49VRMVROOM INChistory →COM NEW0.20%$778,47558.5K
50PTLOPORTILLOS INChistory →COM CL A0.18%$684,119129.3K

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 ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • EXCHANGE TRADED CONCEPTS, LLC028-19670

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 ↗.