Miller Value Partners 13F holdings, Q3 2010
Holdings as of August 12, 2010 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 34 US equity positions worth $1.5bn in its Q3 2010 13F filing. The largest position was UAL CORP at 8.5% of the reported book, followed by SPRINT NEXTEL CORP and AGO. Against the Q1 2010 filing, it opened 2 new positions, added to 6 and reduced 13 among the top 34 holdings.
What did Miller Value Partners own in Q3 2010? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2010 |
|---|---|---|---|---|---|---|---|
| 1 | UAL CORP | 8.5% | $127.5m | 6,200,000 | -15% | reduced | |
| 2 | SPRINT NEXTEL CORP | 6.5% | $97.5m | 23,000,000 | -3% | reduced | |
| 3 | AGO ASSURED GUARANTY LTD | Financial Services | 5.3% | $79.6m | 6,000,000 | 3% | added |
| 4 | EASTMAN KODAK CO | 5.2% | $78.1m | 18,000,000 | 0% | held | |
| 5 | XL CAP LTD | 5.0% | $75.2m | 4,700,000 | -4% | reduced | |
| 6 | NII HLDGS INC | 5.0% | $74.8m | 2,300,000 | 0% | held | |
| 7 | DAL DELTA AIR LINES INC DEL | Industrials | 4.4% | $65.8m | 5,600,000 | -3% | reduced |
| 8 | AES AES CORP | Utilities | 4.3% | $63.8m | 6,900,000 | 0% | held |
| 9 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 4.1% | $62.0m | 2,800,000 | -7% | reduced |
| 10 | GNW GENWORTH FINL INC | Financial Services | 4.0% | $60.1m | 4,600,000 | 0% | held |
| 11 | LEVEL 3 COMMUNICATIONS INC | 3.9% | $58.6m | 53,758,302 | 0% | held | |
| 12 | RED HAT INC | 3.5% | $52.1m | 1,800,000 | -5% | reduced | |
| 13 | FIFTH THIRD BANCORP CNV | 3.2% | $48.2m | 380,000 | 0% | held | |
| 14 | EXPEDIA INC DEL | 3.2% | $47.9m | 2,550,000 | 0% | held | |
| 15 | AFL AFLAC INC | Financial Services | 2.8% | $41.8m | 980,000 | 0% | held |
| 16 | SLM SLM CORP | Financial Services | 2.5% | $37.4m | 3,600,000 | -4% | reduced |
| 17 | MTG MGIC INVT CORP WIS | Financial Services | 2.4% | $35.8m | 5,200,000 | 37% | added |
| 18 | BYD BOYD GAMING CORP | Consumer Cyclical | 2.3% | $34.8m | 4,100,000 | -2% | reduced |
| 19 | SYNOVUS FINL CORP | 2.2% | $33.0m | 13,000,000 | 251% | added | |
| 20 | U S AIRWAYS GROUP INC | 2.2% | $32.6m | 3,784,012 | – | new | |
| 21 | LEN LENNAR CORP | Consumer Cyclical | 2.1% | $32.0m | 2,300,000 | -5% | reduced |
| 22 | MGM MGM MIRAGE | Consumer Cyclical | 1.9% | $28.0m | 2,899,725 | 0% | held |
| 23 | ARCC ARES CAP CORP | 1.8% | $26.7m | 2,131,997 | 3% | added | |
| 24 | CA INC | 1.7% | $25.8m | 1,400,000 | 0% | held | |
| 25 | JPMORGAN CHASE & CO *W EXP 10/28/201 | 1.7% | $25.3m | 2,000,000 | 0% | held | |
| 26 | CIGNA CORP | 1.5% | $21.7m | 700,000 | 0% | held | |
| 27 | YAHOO INC | 1.4% | $20.8m | 1,500,000 | -12% | reduced | |
| 28 | MNKD MANNKIND CORP | 1.4% | $20.5m | 3,213,209 | 0% | held | |
| 29 | PHM PULTE HOMES INC | Consumer Cyclical | 1.3% | $19.9m | 2,400,000 | -10% | reduced |
| 30 | RYLAND GROUP INC | 1.3% | $19.0m | 1,200,000 | -10% | reduced | |
| 31 | SOLAR CAP LTD | 1.2% | $18.4m | 956,848 | 113% | added | |
| 32 | PRU PRUDENTIAL FINL INC | Financial Services | 1.1% | $16.1m | 300,000 | -65% | reduced |
| 33 | APOLLO INVT CORP | 0.7% | $9.8m | 1,049,353 | 2% | added | |
| 34 | IOSP INNOSPEC INC | Basic Materials | 0.4% | $5.4m | 576,822 | – | 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.