Miller Value Partners 13F holdings, Q2 2011
Holdings as of May 12, 2011 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 40 US equity positions worth $1.6bn in its Q2 2011 13F filing. The largest position was AGO at 5.5% of the reported book, followed by AES and UAL. Against the Q1 2011 filing, it opened 7 new positions, added to 7 and reduced 22 among the top 40 holdings.
What did Miller Value Partners own in Q2 2011? Top 40 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2011 |
|---|---|---|---|---|---|---|---|
| 1 | AGO ASSURED GUARANTY LTD | Financial Services | 5.5% | $86.1m | 5,779,794 | -7% | reduced |
| 2 | AES AES CORP | Utilities | 5.5% | $85.6m | 6,588,300 | -9% | reduced |
| 3 | UAL UNITED CONTL HLDGS INC | Industrials | 5.1% | $80.2m | 3,489,439 | -14% | reduced |
| 4 | GNW GENWORTH FINL INC | Financial Services | 4.9% | $77.2m | 5,737,620 | -5% | reduced |
| 5 | SPRINT NEXTEL CORP | 4.2% | $66.2m | 14,265,880 | -36% | reduced | |
| 6 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 4.2% | $65.5m | 2,432,795 | -18% | reduced |
| 7 | NII HLDGS INC | 4.2% | $65.4m | 1,569,636 | -4% | reduced | |
| 8 | MTG MGIC INVT CORP WIS | Financial Services | 4.0% | $62.1m | 6,986,750 | -4% | reduced |
| 9 | EASTMAN KODAK CO | 3.9% | $61.1m | 18,913,040 | -3% | reduced | |
| 10 | EXPEDIA INC DEL | 3.9% | $60.8m | 2,683,350 | -0% | held | |
| 11 | XL GROUP PLC | 3.3% | $52.3m | 2,124,880 | -24% | reduced | |
| 12 | BANK OF AMERICA CORPORATION *W EXP 01/16/201 | 3.2% | $50.7m | 6,607,145 | -2% | reduced | |
| 13 | DG FASTCHANNEL INC | 2.8% | $43.6m | 1,355,670 | -20% | reduced | |
| 14 | BYD BOYD GAMING CORP | Consumer Cyclical | 2.7% | $42.7m | 4,553,390 | -4% | reduced |
| 15 | LEN LENNAR CORP | Consumer Cyclical | 2.7% | $42.2m | 2,329,230 | -4% | reduced |
| 16 | JPMORGAN CHASE & CO *W EXP 10/28/201 | 2.5% | $39.2m | 2,337,135 | 0% | held | |
| 17 | MU MICRON TECHNOLOGY INC | Technology | 2.5% | $39.0m | 3,399,950 | -39% | reduced |
| 18 | ARCC ARES CAP CORP | 2.4% | $38.1m | 2,250,364 | -4% | reduced | |
| 19 | HEWLETT PACKARD CO | 2.4% | $38.1m | 929,700 | – | new | |
| 20 | PHM PULTE GROUP INC | Consumer Cyclical | 2.3% | $35.9m | 4,848,970 | 48% | added |
| 21 | INTEGRATED DEVICE TECHNOLOGY | 2.1% | $32.9m | 4,462,770 | 0% | held | |
| 22 | U S AIRWAYS GROUP INC | 2.1% | $32.8m | 3,765,673 | -19% | reduced | |
| 23 | DAL DELTA AIR LINES INC DEL | Industrials | 2.1% | $32.8m | 3,346,461 | 1% | added |
| 24 | STX SEAGATE TECHNOLOGY PLC | Technology | 2.1% | $32.1m | 2,231,580 | 92% | added |
| 25 | SYNOVUS FINL CORP | 2.0% | $30.6m | 12,759,650 | -20% | reduced | |
| 26 | TER TERADYNE INC | Technology | 1.9% | $30.1m | 1,691,460 | 0% | held |
| 27 | CHESAPEAKE ENERGY CORP | 1.7% | $26.8m | 798,220 | 16% | added | |
| 28 | CIGNA CORP | 1.7% | $25.9m | 584,459 | 1% | added | |
| 29 | ABITIBIBOWATER INC | 1.6% | $25.0m | 929,700 | – | new | |
| 30 | SOLAR CAP LTD | 1.6% | $24.8m | 1,038,874 | -3% | reduced | |
| 31 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 1.5% | $23.8m | 1,808,240 | -14% | reduced |
| 32 | ASIAINFO-LINKAGE INC | 1.4% | $22.4m | 1,035,919 | – | new | |
| 33 | APOLLO INVT CORP | 1.2% | $18.4m | 1,521,224 | -5% | reduced | |
| 34 | MEMC ELECTR MATLS INC | 1.0% | $15.1m | 1,168,727 | -35% | reduced | |
| 35 | MYGN MYRIAD GENETICS INC | Healthcare | 0.9% | $14.8m | 735,400 | – | new |
| 36 | GM GENERAL MTRS CO | Consumer Cyclical | 0.9% | $14.3m | 460,980 | 1% | added |
| 37 | GENERAL MTRS CO JR | 0.6% | $9.0m | 185,900 | – | new | |
| 38 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 0.4% | $6.7m | 132,800 | – | new |
| 39 | BG MEDICINE INC | 0.4% | $5.8m | 757,737 | – | new | |
| 40 | FXCM INC | 0.3% | $4.2m | 318,750 | 21% | added |
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.