Miller Value Partners 13F holdings, Q2 2008
Holdings as of June 30, 2008 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 36 US equity positions worth $2.7bn in its Q2 2008 13F filing. The largest position was LEVEL 3 COMMUNICATIONS INC at 10.7% of the reported book, followed by NII HLDGS INC and RED HAT INC. Against the Q1 2008 filing, it opened 4 new positions, added to 3 and reduced 16 among the top 36 holdings.
What did Miller Value Partners own in Q2 2008? Top 36 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2008 |
|---|---|---|---|---|---|---|---|
| 1 | LEVEL 3 COMMUNICATIONS INC | 10.7% | $293.0m | 99,326,000 | 0% | held | |
| 2 | NII HLDGS INC | 9.5% | $259.3m | 5,461,000 | 0% | held | |
| 3 | RED HAT INC | 7.3% | $199.3m | 9,631,200 | 0% | held | |
| 4 | AES AES CORP | Utilities | 5.6% | $152.6m | 7,943,200 | 0% | held |
| 5 | YAHOO INC | 5.3% | $144.6m | 7,000,000 | -14% | reduced | |
| 6 | LEAP WIRELESS INTL INC | 5.0% | $137.2m | 3,177,300 | 0% | held | |
| 7 | NFLX NETFLIX INC | Communication Services | 5.0% | $135.9m | 5,212,705 | -13% | reduced |
| 8 | EXPEDIA INC DEL | 4.7% | $127.7m | 6,950,300 | 0% | held | |
| 9 | EASTMAN KODAK CO | 4.4% | $120.8m | 8,368,100 | 87% | added | |
| 10 | SPRINT NEXTEL CORP | 4.1% | $113.3m | 11,929,100 | 4% | added | |
| 11 | EXIDE TECHNOLOGIES | 3.7% | $100.7m | 6,007,978 | -47% | reduced | |
| 12 | ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH | 3.6% | $99.1m | 1,000,000 | -60% | reduced | |
| 13 | CA INC | 3.1% | $84.9m | 3,675,200 | 0% | held | |
| 14 | RYLAND GROUP INC | 3.0% | $82.3m | 3,773,000 | 0% | held | |
| 15 | PHM PULTE HOMES INC | Consumer Cyclical | 2.7% | $75.0m | 7,786,095 | 0% | held |
| 16 | ISTAR FINL INC | 2.7% | $72.7m | 5,500,000 | 0% | held | |
| 17 | CIT GROUP INC | 2.0% | $54.3m | 7,979,800 | 0% | held | |
| 18 | CENTEX CORP | 2.0% | $53.5m | 4,000,000 | 9% | added | |
| 19 | LEN LENNAR CORP | Consumer Cyclical | 1.8% | $49.0m | 3,971,600 | 0% | held |
| 20 | SUN MICROSYSTEMS INC | 1.7% | $47.2m | 4,339,400 | – | new | |
| 21 | FAIRFAX FINL HLDGS LTD SUB VTG | 1.7% | $45.7m | 180,000 | -6% | reduced | |
| 22 | AMERICREDIT CORP | 1.6% | $43.1m | 4,999,100 | 0% | held | |
| 23 | CROX CROCS INC | Consumer Cyclical | 1.5% | $39.9m | 4,977,300 | – | new |
| 24 | LEHMAN BROS HLDGS INC | 1.5% | $39.6m | 2,000,000 | – | new | |
| 25 | MTH MERITAGE HOMES CORP | Consumer Cyclical | 1.3% | $35.9m | 2,368,735 | -8% | reduced |
| 26 | MNKD MANNKIND CORP | 1.2% | $32.8m | 10,916,967 | -22% | reduced | |
| 27 | CHIMERA INVT CORP | 0.6% | $16.8m | 1,862,542 | -50% | reduced | |
| 28 | PINNACLE ENTMT INC | 0.6% | $15.7m | 1,501,250 | -46% | reduced | |
| 29 | HOUSEVALUES INC | 0.5% | $13.5m | 4,923,705 | -1% | reduced | |
| 30 | BEAZER HOMES USA INC | 0.4% | $11.8m | 2,127,400 | -40% | reduced | |
| 31 | AMBAC FINL GROUP INC | 0.3% | $9.5m | 7,120,300 | -41% | reduced | |
| 32 | CONVERA CORP | 0.3% | $7.7m | 5,389,606 | -2% | reduced | |
| 33 | UAL CORP | 0.2% | $6.2m | 1,184,818 | -88% | reduced | |
| 34 | NATIONAL CITY CORP | 0.2% | $4.7m | 983,380 | – | new | |
| 35 | HEALTHSOUTH CORP | 0.2% | $4.4m | 266,120 | -86% | reduced | |
| 36 | RDN RADIAN GROUP INC | Financial Services | 0.0% | $1.2m | 806,600 | -71% | 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.