Miller Value Partners 13F holdings, Q4 2010
Holdings as of November 12, 2010 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 39 US equity positions worth $1.7bn in its Q4 2010 13F filing. The largest position was AGO at 6.2% of the reported book, followed by SPRINT NEXTEL CORP and UAL CORP. Against the Q3 2010 filing, it opened 8 new positions, added to 23 and reduced 6 among the top 39 holdings.
What did Miller Value Partners own in Q4 2010? Top 39 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2010 |
|---|---|---|---|---|---|---|---|
| 1 | AGO ASSURED GUARANTY LTD | Financial Services | 6.2% | $108.8m | 6,361,050 | 6% | added |
| 2 | SPRINT NEXTEL CORP | 6.2% | $108.1m | 23,342,250 | 1% | added | |
| 3 | UAL CORP | 5.8% | $100.5m | 4,247,979 | -31% | reduced | |
| 4 | XL GROUP PLC | 4.9% | $86.1m | 3,973,045 | – | new | |
| 5 | AES AES CORP | Utilities | 4.8% | $83.0m | 7,313,900 | 6% | added |
| 6 | EASTMAN KODAK CO | 4.7% | $82.5m | 19,648,000 | 9% | added | |
| 7 | EXPEDIA INC DEL | 4.4% | $76.3m | 2,702,700 | 6% | added | |
| 8 | RED HAT INC | 4.2% | $74.0m | 1,805,929 | 0% | held | |
| 9 | NII HLDGS INC | 4.1% | $72.2m | 1,757,068 | -24% | reduced | |
| 10 | DAL DELTA AIR LINES INC DEL | Industrials | 4.0% | $69.1m | 5,935,545 | 6% | added |
| 11 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 3.9% | $68.2m | 2,973,575 | 6% | added |
| 12 | MTG MGIC INVT CORP WIS | Financial Services | 3.7% | $64.7m | 7,014,100 | 35% | added |
| 13 | GNW GENWORTH FINL INC | Financial Services | 3.6% | $62.3m | 5,101,575 | 11% | added |
| 14 | AFL AFLAC INC | Financial Services | 2.8% | $49.4m | 954,800 | -3% | reduced |
| 15 | U S AIRWAYS GROUP INC | 2.5% | $43.2m | 4,669,412 | 23% | added | |
| 16 | SLM SLM CORP | Financial Services | 2.4% | $41.5m | 3,596,326 | -0% | held |
| 17 | BANK OF AMERICA CORPORATION *W EXP 01/16/201 | 2.4% | $41.3m | 6,369,900 | – | new | |
| 18 | LEN LENNAR CORP | Consumer Cyclical | 2.1% | $37.5m | 2,436,300 | 6% | added |
| 19 | DG FASTCHANNEL INC | 2.1% | $37.1m | 1,704,600 | – | new | |
| 20 | MU MICRON TECHNOLOGY INC | Technology | 2.1% | $36.8m | 5,101,700 | – | new |
| 21 | ARCC ARES CAP CORP | 2.1% | $36.2m | 2,314,953 | 9% | added | |
| 22 | BYD BOYD GAMING CORP | Consumer Cyclical | 2.0% | $34.7m | 4,781,800 | 17% | added |
| 23 | SYNOVUS FINL CORP | 1.9% | $33.9m | 13,789,400 | 6% | added | |
| 24 | CA INC | 1.7% | $30.2m | 1,430,300 | 2% | added | |
| 25 | JPMORGAN CHASE & CO *W EXP 10/28/201 | 1.4% | $24.8m | 2,121,425 | 6% | added | |
| 26 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 1.4% | $24.4m | 2,163,745 | -25% | reduced |
| 27 | MNKD MANNKIND CORP | 1.3% | $22.9m | 3,391,409 | 6% | added | |
| 28 | RYLAND GROUP INC | 1.3% | $22.8m | 1,270,350 | 6% | added | |
| 29 | YAHOO INC | 1.3% | $22.5m | 1,585,670 | 6% | added | |
| 30 | SOLAR CAP LTD | 1.3% | $22.4m | 1,044,621 | 9% | added | |
| 31 | PHM PULTE GROUP INC | Consumer Cyclical | 1.3% | $22.2m | 2,539,250 | 6% | added |
| 32 | MEMC ELECTR MATLS INC | 1.2% | $21.0m | 1,760,733 | – | new | |
| 33 | CIGNA CORP | 1.2% | $20.8m | 582,159 | -17% | reduced | |
| 34 | APOLLO INVT CORP | 0.9% | $16.1m | 1,569,378 | 50% | added | |
| 35 | FIFTH THIRD BANCORP CNV | 0.7% | $12.8m | 99,637 | -74% | reduced | |
| 36 | INTEGRATED DEVICE TECHNOLOGY | 0.7% | $12.4m | 2,125,600 | – | new | |
| 37 | IOSP INNOSPEC INC | Basic Materials | 0.5% | $9.3m | 608,822 | 6% | added |
| 38 | STX SEAGATE TECHNOLOGY PLC | Technology | 0.4% | $6.3m | 531,400 | – | new |
| 39 | TER TERADYNE INC | Technology | 0.3% | $5.9m | 531,400 | – | 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.