Miller Value Partners 13F holdings, Q1 2011
Holdings as of February 11, 2011 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 38 US equity positions worth $1.7bn in its Q1 2011 13F filing. The largest position was AGO at 6.3% of the reported book, followed by EASTMAN KODAK CO and UAL. Against the Q4 2010 filing, it opened 5 new positions, added to 14 and reduced 14 among the top 38 holdings.
What did Miller Value Partners own in Q1 2011? Top 38 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2010 |
|---|---|---|---|---|---|---|---|
| 1 | AGO ASSURED GUARANTY LTD | Financial Services | 6.3% | $110.5m | 6,241,890 | -2% | reduced |
| 2 | EASTMAN KODAK CO | 6.0% | $104.8m | 19,554,540 | -0% | held | |
| 3 | UAL UNITED CONTL HLDGS INC | Industrials | 5.6% | $97.0m | 4,071,439 | – | new |
| 4 | SPRINT NEXTEL CORP | 5.4% | $94.7m | 22,397,580 | -4% | reduced | |
| 5 | AES AES CORP | Utilities | 5.1% | $88.5m | 7,269,200 | -1% | reduced |
| 6 | GNW GENWORTH FINL INC | Financial Services | 4.5% | $79.2m | 6,025,320 | 18% | added |
| 7 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 4.5% | $78.5m | 2,962,895 | -0% | held |
| 8 | MTG MGIC INVT CORP WIS | Financial Services | 4.3% | $74.4m | 7,299,250 | 4% | added |
| 9 | NII HLDGS INC | 4.2% | $73.2m | 1,638,236 | -7% | reduced | |
| 10 | EXPEDIA INC DEL | 3.9% | $67.5m | 2,691,550 | -0% | held | |
| 11 | XL GROUP PLC | 3.5% | $61.1m | 2,798,206 | -30% | reduced | |
| 12 | BYD BOYD GAMING CORP | Consumer Cyclical | 2.9% | $50.4m | 4,751,190 | -1% | reduced |
| 13 | DG FASTCHANNEL INC | 2.8% | $48.8m | 1,691,270 | -1% | reduced | |
| 14 | BANK OF AMERICA CORPORATION *W EXP 01/16/201 | 2.8% | $48.3m | 6,769,820 | 6% | added | |
| 15 | U S AIRWAYS GROUP INC | 2.7% | $46.4m | 4,633,242 | -1% | reduced | |
| 16 | RED HAT INC | 2.6% | $46.0m | 1,006,780 | -44% | reduced | |
| 17 | LEN LENNAR CORP | Consumer Cyclical | 2.6% | $45.6m | 2,431,330 | -0% | held |
| 18 | MU MICRON TECHNOLOGY INC | Technology | 2.6% | $45.0m | 5,607,250 | 10% | added |
| 19 | SYNOVUS FINL CORP | 2.4% | $41.9m | 15,857,650 | 15% | added | |
| 20 | DAL DELTA AIR LINES INC DEL | Industrials | 2.4% | $41.7m | 3,307,761 | -44% | reduced |
| 21 | ARCC ARES CAP CORP | 2.2% | $38.8m | 2,353,764 | 2% | added | |
| 22 | CA INC | 2.0% | $34.9m | 1,428,260 | -0% | held | |
| 23 | JPMORGAN CHASE & CO *W EXP 10/28/201 | 1.9% | $33.6m | 2,327,735 | 10% | added | |
| 24 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 1.8% | $31.3m | 2,106,340 | -3% | reduced |
| 25 | INTEGRATED DEVICE TECHNOLOGY | 1.7% | $29.6m | 4,444,170 | 109% | added | |
| 26 | SOLAR CAP LTD | 1.5% | $26.5m | 1,067,470 | 2% | added | |
| 27 | BSX BOSTON SCIENTIFIC CORP | Healthcare | 1.5% | $25.7m | 3,391,710 | – | new |
| 28 | PHM PULTE GROUP INC | Consumer Cyclical | 1.4% | $24.7m | 3,285,170 | 29% | added |
| 29 | TER TERADYNE INC | Technology | 1.4% | $23.7m | 1,691,060 | 218% | added |
| 30 | CIGNA CORP | 1.2% | $21.2m | 578,759 | -1% | reduced | |
| 31 | MEMC ELECTR MATLS INC | 1.2% | $20.2m | 1,794,627 | 2% | added | |
| 32 | CHESAPEAKE ENERGY CORP | 1.0% | $17.8m | 688,820 | – | new | |
| 33 | APOLLO INVT CORP | 1.0% | $17.7m | 1,601,710 | 2% | added | |
| 34 | STX SEAGATE TECHNOLOGY PLC | Technology | 1.0% | $17.5m | 1,162,880 | 119% | added |
| 35 | GM GENERAL MTRS CO | Consumer Cyclical | 1.0% | $16.9m | 458,380 | – | new |
| 36 | IOSP INNOSPEC INC | Basic Materials | 0.6% | $10.9m | 535,573 | -12% | reduced |
| 37 | MNKD MANNKIND CORP | 0.4% | $6.8m | 847,800 | -75% | reduced | |
| 38 | FXCM INC | 0.2% | $3.5m | 264,250 | – | 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.