Miller Value Partners 13F holdings, Q1 2008
Holdings as of March 31, 2008 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 42 US equity positions worth $3.8bn in its Q1 2008 13F filing. The largest position was YAHOO INC at 6.1% of the reported book, followed by UAL CORP and LEVEL 3 COMMUNICATIONS INC. Against the Q4 2007 filing, it opened 1 new position, added to 9 and reduced 32 among the top 42 holdings.
What did Miller Value Partners own in Q1 2008? Top 42 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2007 |
|---|---|---|---|---|---|---|---|
| 1 | YAHOO INC | 6.1% | $235.5m | 8,141,800 | -1% | reduced | |
| 2 | UAL CORP | 5.7% | $220.1m | 10,225,000 | 15% | added | |
| 3 | LEVEL 3 COMMUNICATIONS INC | 5.5% | $210.6m | 99,326,000 | 5% | added | |
| 4 | NFLX NETFLIX INC | Communication Services | 5.4% | $207.9m | 6,000,000 | -20% | reduced |
| 5 | ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH | 5.3% | $204.5m | 2,500,000 | -12% | reduced | |
| 6 | RED HAT INC | 4.6% | $177.1m | 9,631,200 | -1% | reduced | |
| 7 | NII HLDGS INC | 4.5% | $173.6m | 5,461,000 | -2% | reduced | |
| 8 | IAC INTERACTIVECORP | 4.0% | $154.6m | 7,446,800 | -1% | reduced | |
| 9 | EXPEDIA INC DEL | 4.0% | $152.1m | 6,950,300 | -1% | reduced | |
| 10 | LEAP WIRELESS INTL INC | 3.8% | $148.1m | 3,177,300 | -1% | reduced | |
| 11 | EXIDE TECHNOLOGIES | 3.8% | $147.8m | 11,283,137 | -1% | reduced | |
| 12 | AES AES CORP | Utilities | 3.4% | $132.4m | 7,943,200 | -1% | reduced |
| 13 | RYLAND GROUP INC | 3.2% | $124.1m | 3,773,000 | -1% | reduced | |
| 14 | PHM PULTE HOMES INC | Consumer Cyclical | 2.9% | $113.3m | 7,786,095 | -1% | reduced |
| 15 | CIT GROUP INC | 2.5% | $94.6m | 7,979,800 | 33% | added | |
| 16 | CENTEX CORP | 2.3% | $88.9m | 3,673,496 | -1% | reduced | |
| 17 | MNKD MANNKIND CORP | 2.2% | $83.7m | 14,021,921 | -1% | reduced | |
| 18 | CA INC | 2.1% | $82.7m | 3,675,200 | 5% | added | |
| 19 | EASTMAN KODAK CO | 2.1% | $79.0m | 4,468,100 | -1% | reduced | |
| 20 | ISTAR FINL INC | 2.0% | $77.2m | 5,500,000 | – | new | |
| 21 | SPRINT NEXTEL CORP | 2.0% | $76.5m | 11,429,100 | 14% | added | |
| 22 | LEN LENNAR CORP | Consumer Cyclical | 1.9% | $74.7m | 3,971,600 | -1% | reduced |
| 23 | AK STL HLDG CORP | 1.8% | $70.7m | 1,300,000 | -55% | reduced | |
| 24 | AMBAC FINL GROUP INC | 1.8% | $69.9m | 12,154,400 | 1115% | added | |
| 25 | DAL DELTA AIR LINES INC DEL | Industrials | 1.7% | $65.8m | 7,645,400 | 9% | added |
| 26 | GENERAL MTRS CORP | 1.6% | $60.5m | 3,177,300 | -1% | reduced | |
| 27 | FAIRFAX FINL HLDGS LTD SUB VTG | 1.4% | $55.2m | 192,300 | -1% | reduced | |
| 28 | AMERICREDIT CORP | 1.3% | $50.3m | 4,999,100 | -1% | reduced | |
| 29 | MTH MERITAGE HOMES CORP | Consumer Cyclical | 1.3% | $49.9m | 2,581,600 | -1% | reduced |
| 30 | AMR CORP | 1.3% | $49.9m | 5,528,900 | -15% | reduced | |
| 31 | U S AIRWAYS GROUP INC | 1.2% | $47.8m | 5,361,700 | 34% | added | |
| 32 | CHIMERA INVT CORP | 1.2% | $45.5m | 3,698,600 | 12% | added | |
| 33 | PINNACLE ENTMT INC | 0.9% | $35.6m | 2,780,100 | -1% | reduced | |
| 34 | MBI MBIA INC | Financial Services | 0.9% | $35.3m | 2,886,800 | -1% | reduced |
| 35 | HEALTHSOUTH CORP | 0.9% | $34.7m | 1,952,400 | -1% | reduced | |
| 36 | BEAZER HOMES USA INC | 0.9% | $33.8m | 3,574,500 | -1% | reduced | |
| 37 | E M C CORP MASS | 0.6% | $21.4m | 1,489,400 | -1% | reduced | |
| 38 | RDN RADIAN GROUP INC | Financial Services | 0.5% | $18.5m | 2,814,283 | -50% | reduced |
| 39 | INDYMAC BANCORP INC | 0.5% | $18.5m | 3,725,200 | -27% | reduced | |
| 40 | HOUSEVALUES INC | 0.3% | $11.7m | 4,964,500 | -1% | reduced | |
| 41 | CONVERA CORP | 0.2% | $9.4m | 5,516,156 | -1% | reduced | |
| 42 | KBH KB HOME | Consumer Cyclical | 0.1% | $3.2m | 128,600 | -1% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.