Miller Value Partners 13F holdings, Q2 2014
Holdings as of June 30, 2014 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 113 US equity positions worth $2.5bn in its Q2 2014 13F filing. The largest position was AAL at 3.8% of the reported book, followed by DAL and GNW. Against the Q1 2014 filing, it opened 1 new position, added to 6 and reduced 42 among the top 50 holdings.
What did Miller Value Partners own in Q2 2014? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2014 |
|---|---|---|---|---|---|---|---|
| 1 | AAL AMERICAN AIRLS GROUP INC | Industrials | 3.8% | $95.4m | 2,219,775 | -11% | reduced |
| 2 | DAL DELTA AIR LINES INC DEL | Industrials | 3.8% | $95.0m | 2,452,950 | -10% | reduced |
| 3 | GNW GENWORTH FINL INC | Financial Services | 3.8% | $93.5m | 5,372,300 | -7% | reduced |
| 4 | QCOM QUALCOMM INC | Technology | 3.2% | $80.0m | 1,009,740 | -5% | reduced |
| 5 | MTG MGIC INVT CORP WIS | Financial Services | 3.2% | $78.7m | 8,518,450 | -4% | reduced |
| 6 | INTREXON CORP | 2.8% | $70.4m | 2,801,325 | 70% | added | |
| 7 | NORTHSTAR RLTY FIN CORP | 2.8% | $69.7m | 4,012,450 | -25% | reduced | |
| 8 | UAL UNITED CONTL HLDGS INC | Industrials | 2.8% | $69.4m | 1,688,650 | -1% | reduced |
| 9 | NFLX NETFLIX INC | Communication Services | 2.6% | $64.0m | 145,305 | -1% | reduced |
| 10 | PHM PULTE GROUP INC | Consumer Cyclical | 2.6% | $63.6m | 3,154,450 | -2% | reduced |
| 11 | GME GAMESTOP CORP NEW | Consumer Cyclical | 2.5% | $62.7m | 1,550,450 | 28% | added |
| 12 | BAC BANK OF AMERICA CORPORATION | Financial Services | 2.4% | $60.9m | 3,962,525 | -1% | reduced |
| 13 | PANDORA MEDIA INC | 2.3% | $58.4m | 1,981,025 | -1% | reduced | |
| 14 | STX SEAGATE TECHNOLOGY PLC | Technology | 2.3% | $57.3m | 1,008,575 | -6% | reduced |
| 15 | CHESAPEAKE ENERGY CORP | 2.3% | $57.0m | 1,833,375 | -2% | reduced | |
| 16 | GILD GILEAD SCIENCES INC | Healthcare | 2.2% | $55.6m | 670,075 | – | new |
| 17 | NEWCASTLE INVT CORP | 2.1% | $52.9m | 11,047,050 | -4% | reduced | |
| 18 | EBAY EBAY INC | Consumer Cyclical | 2.1% | $52.5m | 1,048,900 | -1% | reduced |
| 19 | AAPL APPLE INC | Technology | 2.1% | $51.3m | 552,190 | 597% | added |
| 20 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 2.0% | $50.1m | 1,397,750 | -5% | reduced |
| 21 | AGO ASSURED GUARANTY LTD | Financial Services | 2.0% | $49.8m | 2,032,150 | -2% | reduced |
| 22 | C CITIGROUP INC | Financial Services | 2.0% | $49.4m | 1,048,725 | -1% | reduced |
| 23 | JPMORGAN CHASE & CO | 1.9% | $47.1m | 2,436,550 | -1% | reduced | |
| 24 | BYD BOYD GAMING CORP | Consumer Cyclical | 1.8% | $45.2m | 3,723,375 | -2% | reduced |
| 25 | LEN LENNAR CORP | Consumer Cyclical | 1.8% | $45.0m | 1,071,950 | -1% | reduced |
| 26 | CIGNA CORPORATION | 1.7% | $42.8m | 465,500 | -1% | reduced | |
| 27 | NATIONSTAR MTG HLDGS INC | 1.7% | $41.2m | 1,136,175 | 13% | added | |
| 28 | ELLINGTON FINANCIAL LLC | 1.6% | $40.7m | 1,693,972 | 0% | held | |
| 29 | NXPI NXP SEMICONDUCTORS N V | Technology | 1.6% | $39.5m | 596,650 | 14% | added |
| 30 | TMHC* TAYLOR MORRISON HOME CORP | 1.6% | $39.0m | 1,741,035 | -1% | reduced | |
| 31 | GM GENERAL MTRS CO | Consumer Cyclical | 1.6% | $39.0m | 1,074,700 | -3% | reduced |
| 32 | ETRA E TRADE FINANCIAL CORP | 1.6% | $38.9m | 1,828,900 | -10% | reduced | |
| 33 | AMZN AMAZON COM INC | Consumer Cyclical | 1.5% | $37.8m | 116,340 | -2% | reduced |
| 34 | KBH KB HOME | Consumer Cyclical | 1.5% | $37.1m | 1,987,625 | -2% | reduced |
| 35 | BBY BEST BUY INC | Consumer Cyclical | 1.4% | $36.0m | 1,161,275 | -1% | reduced |
| 36 | GRPN GROUPON INC | Communication Services | 1.4% | $34.5m | 5,212,200 | -1% | reduced |
| 37 | LEVEL 3 COMMUNICATIONS INC | 1.4% | $34.2m | 779,625 | -5% | reduced | |
| 38 | MSFT MICROSOFT CORP | Technology | 1.2% | $30.3m | 726,875 | -1% | reduced |
| 39 | OLED UNIVERSAL DISPLAY CORP | Technology | 1.1% | $26.5m | 825,075 | -1% | reduced |
| 40 | APOLLO ED GROUP INC | 1.1% | $26.4m | 843,375 | -1% | reduced | |
| 41 | F FORD MTR CO DEL | Consumer Cyclical | 1.0% | $26.1m | 1,515,750 | -12% | reduced |
| 42 | OCI PARTNERS LP | 1.0% | $24.8m | 1,166,625 | 1% | added | |
| 43 | RDN RADIAN GROUP INC | Financial Services | 1.0% | $24.3m | 1,643,875 | -2% | reduced |
| 44 | IAC INTERACTIVECORP | 1.0% | $24.1m | 348,075 | -2% | reduced | |
| 45 | SUPERVALU INC | 1.0% | $23.9m | 2,907,475 | -2% | reduced | |
| 46 | PENNYMAC FINL SVCS INC | 0.9% | $23.0m | 1,511,075 | -2% | reduced | |
| 47 | TER TERADYNE INC | Technology | 0.9% | $22.7m | 1,159,925 | -2% | reduced |
| 48 | ZULILY INC | 0.9% | $22.3m | 543,600 | -1% | reduced | |
| 49 | MS MORGAN STANLEY | Financial Services | 0.8% | $20.7m | 640,275 | -9% | reduced |
| 50 | SPRINGLEAF HLDGS INC | 0.6% | $16.0m | 615,400 | -2% | reduced |
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.