Miller Value Partners 13F holdings, Q2 2013
Holdings as of June 30, 2013 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 98 US equity positions worth $1.4bn in its Q2 2013 13F filing. The largest position was GNW at 4.6% of the reported book, followed by GRPN and DAL. Against the Q1 2013 filing, it opened 11 new positions, added to 35 and reduced 4 among the top 50 holdings.
What did Miller Value Partners own in Q2 2013? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2013 |
|---|---|---|---|---|---|---|---|
| 1 | GNW GENWORTH FINL INC | Financial Services | 4.6% | $65.6m | 5,745,900 | 3% | added |
| 2 | GRPN GROUPON INC | Communication Services | 4.1% | $58.9m | 6,888,300 | 2% | added |
| 3 | DAL DELTA AIR LINES INC DEL | Industrials | 3.7% | $53.2m | 2,842,800 | 3% | added |
| 4 | MTG MGIC INVT CORP WIS | Financial Services | 3.6% | $52.4m | 8,637,700 | 2% | added |
| 5 | UAL UNITED CONTL HLDGS INC | Industrials | 3.6% | $51.3m | 1,640,100 | 2% | added |
| 6 | BAC BANK OF AMERICA CORPORATION | Financial Services | 3.4% | $49.2m | 3,826,900 | 2% | added |
| 7 | PHM PULTE GROUP INC | Consumer Cyclical | 3.2% | $46.7m | 2,460,100 | 2% | added |
| 8 | NFLX NETFLIX INC | Communication Services | 3.2% | $46.4m | 219,900 | -14% | reduced |
| 9 | STX SEAGATE TECHNOLOGY PLC | Technology | 3.1% | $44.1m | 984,050 | 2% | added |
| 10 | PANDORA MEDIA INC | 2.9% | $42.3m | 2,299,200 | -2% | reduced | |
| 11 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 2.9% | $42.3m | 1,366,700 | 2% | added |
| 12 | AGO ASSURED GUARANTY LTD | Financial Services | 2.9% | $42.2m | 1,913,400 | 2% | added |
| 13 | C CITIGROUP INC | Financial Services | 2.8% | $40.6m | 847,400 | – | new |
| 14 | BYD BOYD GAMING CORP | Consumer Cyclical | 2.7% | $39.5m | 3,498,800 | 2% | added |
| 15 | U S AIRWAYS GROUP INC | 2.7% | $39.5m | 2,405,400 | 2% | added | |
| 16 | ELLINGTON FINANCIAL LLC | 2.5% | $36.5m | 1,598,947 | – | new | |
| 17 | JPMORGAN CHASE & CO | 2.5% | $35.7m | 2,286,200 | 3% | added | |
| 18 | NII HLDGS INC | 2.3% | $32.4m | 4,865,600 | 75% | added | |
| 19 | BBY BEST BUY INC | Consumer Cyclical | 2.2% | $32.1m | 1,175,400 | -9% | reduced |
| 20 | CIGNA CORPORATION | 2.2% | $31.7m | 437,400 | 3% | added | |
| 21 | AMZN AMAZON COM INC | Consumer Cyclical | 2.1% | $30.4m | 109,370 | – | new |
| 22 | QUESTCOR PHARMACEUTICALS INC | 2.0% | $28.6m | 628,700 | 7% | added | |
| 23 | AAPL APPLE INC | Technology | 2.0% | $28.2m | 71,090 | 3% | added |
| 24 | ARCC ARES CAP CORP | 2.0% | $28.1m | 1,631,388 | 9% | added | |
| 25 | KBH KB HOME | Consumer Cyclical | 1.9% | $27.9m | 1,421,400 | 2% | added |
| 26 | LEN LENNAR CORP | Consumer Cyclical | 1.8% | $26.4m | 732,600 | 2% | added |
| 27 | F FORD MTR CO DEL | Consumer Cyclical | 1.7% | $24.7m | 1,597,110 | 2% | added |
| 28 | CHESAPEAKE ENERGY CORP | 1.7% | $24.5m | 1,202,700 | 2% | added | |
| 29 | ETRA E TRADE FINANCIAL CORP | 1.7% | $23.8m | 1,882,750 | – | new | |
| 30 | OLED UNIVERSAL DISPLAY CORP | Technology | 1.5% | $21.8m | 776,300 | – | new |
| 31 | SPRINT NEXTEL CORP | 1.4% | $20.7m | 2,952,100 | -23% | reduced | |
| 32 | GM GENERAL MTRS CO | Consumer Cyclical | 1.4% | $19.8m | 594,016 | 3% | added |
| 33 | TER TERADYNE INC | Technology | 1.3% | $19.2m | 1,093,350 | 3% | added |
| 34 | PENNYMAC FINL SVCS INC | 1.3% | $18.6m | 874,700 | – | new | |
| 35 | RDN RADIAN GROUP INC | Financial Services | 1.2% | $17.9m | 1,544,600 | 3% | added |
| 36 | MSFT MICROSOFT CORP | Technology | 1.1% | $16.1m | 464,700 | – | new |
| 37 | MS MORGAN STANLEY | Financial Services | 1.1% | $16.0m | 656,050 | 2% | added |
| 38 | LEVEL 3 COMMUNICATIONS INC | 1.1% | $16.0m | 759,900 | 3% | added | |
| 39 | MARKET LEADER INC | 0.9% | $13.5m | 1,259,600 | – | new | |
| 40 | MARVELL TECHNOLOGY GROUP LTD | 0.8% | $12.2m | 1,038,700 | 22% | added | |
| 41 | APOLLO INVT CORP | 0.8% | $11.7m | 1,509,200 | 8% | added | |
| 42 | NXPI NXP SEMICONDUCTORS N V | Technology | 0.8% | $11.6m | 373,500 | 2% | added |
| 43 | INVESCO MORTGAGE CAPITAL INC | 0.7% | $10.0m | 601,400 | 3% | added | |
| 44 | DENDREON CORP | 0.7% | $9.9m | 2,405,400 | 2% | added | |
| 45 | AMERICAN CAPITAL AGENCY CORP | 0.7% | $9.4m | 407,725 | 5% | added | |
| 46 | HATTERAS FINL CORP | 0.6% | $8.1m | 330,200 | 9% | added | |
| 47 | APOLLO GROUP INC | 0.5% | $7.7m | 437,300 | – | new | |
| 48 | NORTHSTAR RLTY FIN CORP | 0.5% | $7.5m | 823,300 | – | new | |
| 49 | TMHC* TAYLOR MORRISON HOME CORP | 0.5% | $7.0m | 285,760 | – | new | |
| 50 | AMERICAN CAP MTG INVT CORP | 0.4% | $5.9m | 328,000 | 2% | 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.