Miller Value Partners 13F holdings, Q3 2009
Holdings as of September 30, 2009 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 33 US equity positions worth $1.6bn in its Q3 2009 13F filing. The largest position was AGO at 6.9% of the reported book, followed by BAC and HIG. Against the Q2 2009 filing, it opened 6 new positions, added to 4 and reduced 8 among the top 33 holdings.
What did Miller Value Partners own in Q3 2009? Top 33 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2009 |
|---|---|---|---|---|---|---|---|
| 1 | AGO ASSURED GUARANTY LTD | Financial Services | 6.9% | $114.0m | 5,869,092 | 0% | held |
| 2 | BAC BANK OF AMERICA CORPORATION | Financial Services | 6.6% | $108.3m | 6,400,001 | -1% | reduced |
| 3 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 6.3% | $103.3m | 3,900,000 | 0% | held |
| 4 | AES AES CORP | Utilities | 6.2% | $102.3m | 6,900,000 | -1% | reduced |
| 5 | XL CAP LTD | 5.6% | $92.5m | 5,300,000 | 0% | held | |
| 6 | EXPEDIA INC DEL | 5.5% | $91.0m | 3,800,000 | -5% | reduced | |
| 7 | LEVEL 3 COMMUNICATIONS INC | 4.5% | $74.7m | 53,758,302 | -4% | reduced | |
| 8 | NII HLDGS INC | 4.2% | $69.1m | 2,300,000 | -2% | reduced | |
| 9 | MNKD MANNKIND CORP | 4.1% | $68.0m | 6,900,000 | -0% | held | |
| 10 | UAL CORP | 3.9% | $64.4m | 6,986,941 | 14% | added | |
| 11 | EASTMAN KODAK CO | 3.8% | $63.1m | 13,200,000 | 4% | added | |
| 12 | SPRINT NEXTEL CORP | 3.5% | $58.1m | 14,700,000 | 1% | added | |
| 13 | RED HAT INC | 3.5% | $58.0m | 2,100,000 | -3% | reduced | |
| 14 | GNW GENWORTH FINL INC | Financial Services | 3.4% | $56.2m | 4,700,000 | 0% | held |
| 15 | DAL DELTA AIR LINES INC DEL | Industrials | 3.2% | $52.9m | 5,900,000 | 31% | added |
| 16 | AFL AFLAC INC | Financial Services | 3.1% | $51.3m | 1,200,000 | 0% | held |
| 17 | PRU PRUDENTIAL FINL INC | Financial Services | 2.9% | $47.4m | 950,000 | -1% | reduced |
| 18 | FIFTH THIRD BANCORP CNV | 2.8% | $45.5m | 380,000 | -3% | reduced | |
| 19 | LEN LENNAR CORP | Consumer Cyclical | 2.3% | $37.9m | 2,660,544 | 0% | held |
| 20 | CA INC | 2.1% | $35.2m | 1,600,000 | 0% | held | |
| 21 | MGM MGM MIRAGE | Consumer Cyclical | 2.1% | $34.9m | 2,899,725 | 0% | held |
| 22 | SLM SLM CORP | Financial Services | 2.0% | $32.6m | 3,741,132 | 0% | held |
| 23 | PHM PULTE HOMES INC | Consumer Cyclical | 1.9% | $30.8m | 2,806,147 | – | new |
| 24 | YAHOO INC | 1.8% | $30.3m | 1,700,000 | 0% | held | |
| 25 | RYLAND GROUP INC | 1.8% | $29.2m | 1,385,387 | 0% | held | |
| 26 | BYD BOYD GAMING CORP | Consumer Cyclical | 1.3% | $22.1m | 2,020,000 | 0% | held |
| 27 | CIGNA CORP | 1.2% | $19.7m | 700,000 | 0% | held | |
| 28 | PMT PENNYMAC MTG INVT TR | Real Estate | 0.7% | $12.2m | 612,300 | – | new |
| 29 | STWD STARWOOD PPTY TR INC | Real Estate | 0.6% | $10.1m | 500,000 | – | new |
| 30 | ARCC ARES CAP CORP | 0.6% | $9.4m | 850,000 | – | new | |
| 31 | HUMAN GENOME SCIENCES INC | 0.6% | $9.4m | 497,700 | – | new | |
| 32 | APOLLO INVT CORP | 0.5% | $7.6m | 800,000 | – | new | |
| 33 | CONVERA CORP | 0.1% | $1.1m | 4,443,889 | 0% | held |
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.