Miller Value Partners 13F holdings, Q1 2010
Holdings as of March 31, 2010 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 35 US equity positions worth $1.9bn in its Q1 2010 13F filing. The largest position was UAL CORP at 7.6% of the reported book, followed by AGO and EASTMAN KODAK CO. Against the Q1 2010 filing, it opened 3 new positions, added to 5 and reduced 27 among the top 35 holdings.
What did Miller Value Partners own in Q1 2010? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2010 |
|---|---|---|---|---|---|---|---|
| 1 | UAL CORP | 7.6% | $142.7m | 7,300,000 | -4% | reduced | |
| 2 | AGO ASSURED GUARANTY LTD | Financial Services | 6.8% | $127.4m | 5,800,000 | -1% | reduced |
| 3 | EASTMAN KODAK CO | 5.6% | $104.2m | 18,000,000 | 2% | added | |
| 4 | NII HLDGS INC | 5.1% | $95.9m | 2,300,000 | -1% | reduced | |
| 5 | XL CAP LTD | 4.9% | $92.6m | 4,900,000 | -1% | reduced | |
| 6 | SPRINT NEXTEL CORP | 4.8% | $90.1m | 23,700,000 | -1% | reduced | |
| 7 | LEVEL 3 COMMUNICATIONS INC | 4.6% | $87.1m | 53,758,302 | -1% | reduced | |
| 8 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 4.5% | $85.3m | 3,000,000 | -15% | reduced |
| 9 | DAL DELTA AIR LINES INC DEL | Industrials | 4.5% | $84.6m | 5,800,000 | -3% | reduced |
| 10 | GNW GENWORTH FINL INC | Financial Services | 4.5% | $84.4m | 4,600,000 | -3% | reduced |
| 11 | AES AES CORP | Utilities | 4.0% | $75.9m | 6,900,000 | -1% | reduced |
| 12 | EXPEDIA INC DEL | 3.4% | $63.6m | 2,550,000 | -3% | reduced | |
| 13 | RED HAT INC | 3.0% | $55.6m | 1,900,000 | -6% | reduced | |
| 14 | FIFTH THIRD BANCORP CNV | 2.9% | $54.1m | 380,000 | -1% | reduced | |
| 15 | AFL AFLAC INC | Financial Services | 2.8% | $53.2m | 980,000 | -3% | reduced |
| 16 | PRU PRUDENTIAL FINL INC | Financial Services | 2.7% | $51.4m | 850,000 | -7% | reduced |
| 17 | SLM SLM CORP | Financial Services | 2.5% | $46.8m | 3,741,132 | -1% | reduced |
| 18 | LEN LENNAR CORP | Consumer Cyclical | 2.2% | $41.7m | 2,422,244 | -1% | reduced |
| 19 | MTG MGIC INVT CORP WIS | Financial Services | 2.2% | $41.7m | 3,800,000 | 150% | added |
| 20 | BYD BOYD GAMING CORP | Consumer Cyclical | 2.2% | $41.5m | 4,200,000 | 47% | added |
| 21 | BAC BANK OF AMERICA CORPORATION | Financial Services | 1.9% | $35.7m | 2,000,000 | -63% | reduced |
| 22 | MGM MGM MIRAGE | Consumer Cyclical | 1.9% | $34.8m | 2,899,725 | -1% | reduced |
| 23 | CA INC | 1.8% | $32.9m | 1,400,000 | -1% | reduced | |
| 24 | ARCC ARES CAP CORP | 1.6% | $30.8m | 2,078,583 | 78% | added | |
| 25 | JPMORGAN CHASE & CO *W EXP 10/28/201 | 1.6% | $30.7m | 2,000,000 | -1% | reduced | |
| 26 | PHM PULTE HOMES INC | Consumer Cyclical | 1.6% | $30.0m | 2,670,581 | -1% | reduced |
| 27 | RYLAND GROUP INC | 1.6% | $29.9m | 1,331,687 | -1% | reduced | |
| 28 | YAHOO INC | 1.5% | $28.1m | 1,700,000 | -1% | reduced | |
| 29 | CIGNA CORP | 1.4% | $25.6m | 700,000 | -1% | reduced | |
| 30 | MNKD MANNKIND CORP | 1.1% | $21.1m | 3,213,209 | -38% | reduced | |
| 31 | HUMAN GENOME SCIENCES INC | 0.8% | $14.3m | 475,000 | -1% | reduced | |
| 32 | APOLLO INVT CORP | 0.7% | $13.1m | 1,026,717 | 1% | added | |
| 33 | SYNOVUS FINL CORP | 0.6% | $12.2m | 3,700,000 | – | new | |
| 34 | SOLAR CAP LTD | 0.5% | $9.5m | 450,000 | – | new | |
| 35 | CORINTHIAN COLLEGES INC | 0.4% | $6.8m | 384,012 | – | new |
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.