Miller Value Partners 13F holdings, Q1 2015
Holdings as of March 31, 2015 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 91 US equity positions worth $2.6bn in its Q1 2015 13F filing. The largest position was INTREXON CORP at 5.0% of the reported book, followed by AAL and UAL. Against the Q4 2014 filing, it opened 3 new positions, added to 9 and reduced 14 among the top 50 holdings.
What did Miller Value Partners own in Q1 2015? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2014 |
|---|---|---|---|---|---|---|---|
| 1 | INTREXON CORP | 5.0% | $133.6m | 2,944,150 | 0% | held | |
| 2 | AAL AMERICAN AIRLS GROUP INC | Industrials | 4.8% | $126.9m | 2,404,425 | 0% | held |
| 3 | UAL UNITED CONTL HLDGS INC | Industrials | 4.3% | $113.2m | 1,683,375 | -3% | reduced |
| 4 | DAL DELTA AIR LINES INC DEL | Industrials | 4.1% | $108.1m | 2,404,225 | 0% | held |
| 5 | FIAT CHRYSLER AUTOMOBILES N | 3.7% | $98.0m | 6,007,825 | 0% | held | |
| 6 | NXPI NXP SEMICONDUCTORS N V | Technology | 3.6% | $96.2m | 959,025 | -12% | reduced |
| 7 | LEN LENNAR CORP | Consumer Cyclical | 3.6% | $94.8m | 1,829,700 | -0% | held |
| 8 | PLATFORM SPECIALTY PRODS COR | 3.5% | $92.5m | 3,604,500 | 0% | held | |
| 9 | PHM PULTE GROUP INC | Consumer Cyclical | 3.4% | $90.8m | 4,086,050 | -0% | held |
| 10 | MTG MGIC INVT CORP WIS | Financial Services | 3.2% | $84.4m | 8,763,825 | 0% | held |
| 11 | GNW GENWORTH FINL INC | Financial Services | 2.9% | $75.7m | 10,348,925 | -0% | held |
| 12 | ENDURANCE INTL GROUP HLDGS I | 2.7% | $72.1m | 3,781,350 | 62% | added | |
| 13 | PANDORA MEDIA INC | 2.7% | $72.0m | 4,441,450 | 84% | added | |
| 14 | BAC BANK AMER CORP | Financial Services | 2.4% | $62.8m | 4,080,225 | 0% | held |
| 15 | NFLX NETFLIX INC | Communication Services | 2.4% | $62.4m | 149,815 | 0% | held |
| 16 | GME GAMESTOP CORP NEW | Consumer Cyclical | 2.3% | $60.3m | 1,589,350 | -0% | held |
| 17 | AAPL APPLE INC | Technology | 2.2% | $59.5m | 478,230 | -0% | held |
| 18 | QCOM QUALCOMM INC | Technology | 2.2% | $59.2m | 854,440 | -18% | reduced |
| 19 | ZULILY INC | 2.1% | $56.2m | 4,323,500 | 325% | added | |
| 20 | C CITIGROUP INC | Financial Services | 2.1% | $55.7m | 1,081,800 | 0% | held |
| 21 | JPMORGAN CHASE & CO | 2.1% | $55.2m | 2,506,875 | 0% | held | |
| 22 | CIGNA CORPORATION | 2.1% | $54.3m | 419,775 | -12% | reduced | |
| 23 | STX SEAGATE TECHNOLOGY PLC | Technology | 2.0% | $54.0m | 1,037,275 | 0% | held |
| 24 | GILD GILEAD SCIENCES INC | Healthcare | 2.0% | $52.9m | 539,100 | -22% | reduced |
| 25 | BYD BOYD GAMING CORP | Consumer Cyclical | 2.0% | $52.6m | 3,706,675 | -3% | reduced |
| 26 | AMZN AMAZON COM INC | Consumer Cyclical | 1.8% | $47.8m | 128,325 | -0% | held |
| 27 | KBH KB HOME | Consumer Cyclical | 1.7% | $44.2m | 2,829,350 | 4% | added |
| 28 | PRICELINE GRP INC | 1.6% | $41.9m | 35,980 | -21% | reduced | |
| 29 | EBAY EBAY INC | Consumer Cyclical | 1.6% | $41.5m | 719,750 | -14% | reduced |
| 30 | GM GENERAL MTRS CO | Consumer Cyclical | 1.6% | $41.4m | 1,103,900 | 0% | held |
| 31 | TMHC* TAYLOR MORRISON HOME CORP | 1.5% | $39.5m | 1,896,260 | 0% | held | |
| 32 | GRPN GROUPON INC | Communication Services | 1.5% | $38.7m | 5,371,100 | 0% | held |
| 33 | NATIONSTAR MTG HLDGS INC | 1.5% | $38.6m | 1,558,950 | 8% | added | |
| 34 | COUPONS COM INC | 1.4% | $37.0m | 3,150,675 | 30% | added | |
| 35 | TCRT ZIOPHARM ONCOLOGY INC | 1.2% | $32.3m | 3,000,000 | – | new | |
| 36 | SPRINGLEAF HLDGS INC | 1.2% | $30.9m | 597,075 | -6% | reduced | |
| 37 | ETRA E TRADE FINANCIAL CORP | 1.2% | $30.7m | 1,074,525 | -43% | reduced | |
| 38 | RDN RADIAN GROUP INC | Financial Services | 1.1% | $28.4m | 1,691,875 | 0% | held |
| 39 | PENNYMAC FINL SVCS INC | 1.0% | $26.4m | 1,556,575 | 0% | held | |
| 40 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.8% | $22.4m | 269,400 | -47% | reduced |
| 41 | JD JD COM INC | Consumer Cyclical | 0.8% | $22.1m | 751,025 | – | new |
| 42 | CHESAPEAKE ENERGY CORP | 0.8% | $22.0m | 1,555,475 | -18% | reduced | |
| 43 | BBY BEST BUY INC | Consumer Cyclical | 0.7% | $18.1m | 479,425 | -60% | reduced |
| 44 | LEVEL 3 COMMUNICATIONS INC | 0.4% | $9.7m | 180,700 | -75% | reduced | |
| 45 | TWITTER INC | 0.3% | $9.0m | 180,250 | – | new | |
| 46 | NEW MEDIA INVT GROUP INC | 0.3% | $6.8m | 283,200 | 0% | held | |
| 47 | AMERICAN RLTY CAP PPTYS INC | 0.2% | $4.8m | 485,000 | 37% | added | |
| 48 | TRIANGLE CAP CORP | 0.1% | $3.9m | 171,213 | 0% | held | |
| 49 | ALTISOURCE RESIDENTIAL CORP | 0.1% | $3.8m | 180,000 | 134% | added | |
| 50 | NORTHSTAR RLTY FIN CORP | 0.1% | $3.6m | 196,900 | 25% | 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.