Miller Value Partners 13F holdings, Q1 2016
Holdings as of March 31, 2016 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 67 US equity positions worth $2.0bn in its Q1 2016 13F filing. The largest position was DAL at 5.7% of the reported book, followed by INTREXON CORP and UAL. Against the Q4 2015 filing, it opened 1 new position, added to 12 and reduced 26 among the top 50 holdings.
What did Miller Value Partners own in Q1 2016? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2015 |
|---|---|---|---|---|---|---|---|
| 1 | DAL DELTA AIR LINES INC DEL | Industrials | 5.7% | $115.1m | 2,364,325 | -8% | reduced |
| 2 | INTREXON CORP | 5.6% | $113.4m | 3,346,225 | 6% | added | |
| 3 | UAL UNITED CONTL HLDGS INC | Industrials | 4.9% | $98.4m | 1,643,425 | -9% | reduced |
| 4 | AAL AMERICAN AIRLS GROUP INC | Industrials | 4.8% | $97.0m | 2,365,125 | -9% | reduced |
| 5 | LEN LENNAR CORP | Consumer Cyclical | 4.6% | $92.6m | 1,915,525 | -7% | reduced |
| 6 | PHM PULTE GROUP INC | Consumer Cyclical | 4.3% | $86.1m | 4,603,625 | -6% | reduced |
| 7 | NXPI NXP SEMICONDUCTORS N V | Technology | 3.7% | $75.3m | 929,350 | -10% | reduced |
| 8 | OMF ONEMAIN HLDGS INC | Financial Services | 3.6% | $72.3m | 2,636,550 | 226% | added |
| 9 | QUOTIENT TECHNOLOGY INC | 3.5% | $71.1m | 6,706,925 | 48% | added | |
| 10 | PLATFORM SPECIALTY PRODS COR | 3.4% | $68.8m | 8,001,950 | 21% | added | |
| 11 | MTG MGIC INVT CORP WIS | Financial Services | 3.4% | $68.0m | 8,859,750 | -6% | reduced |
| 12 | ENDURANCE INTL GROUP HLDGS I | 3.0% | $60.3m | 5,724,025 | -1% | reduced | |
| 13 | BAC BANK AMER CORP | Financial Services | 2.9% | $57.5m | 4,251,425 | -3% | reduced |
| 14 | KBH KB HOME | Consumer Cyclical | 2.7% | $54.5m | 3,817,400 | -2% | reduced |
| 15 | PANDORA MEDIA INC | 2.7% | $54.4m | 6,075,575 | 5% | added | |
| 16 | FIAT CHRYSLER AUTOMOBILES N | 2.4% | $49.2m | 6,104,900 | -5% | reduced | |
| 17 | GILD GILEAD SCIENCES INC | Healthcare | 2.4% | $48.1m | 523,675 | -9% | reduced |
| 18 | GME GAMESTOP CORP NEW | Consumer Cyclical | 2.3% | $46.0m | 1,450,225 | -13% | reduced |
| 19 | C CITIGROUP INC | Financial Services | 2.3% | $45.8m | 1,098,000 | -6% | reduced |
| 20 | JPMORGAN CHASE & CO | 2.2% | $45.2m | 2,552,325 | -5% | reduced | |
| 21 | AAPL APPLE INC | Technology | 2.2% | $44.3m | 406,030 | -17% | reduced |
| 22 | GNW GENWORTH FINL INC | Financial Services | 2.2% | $43.5m | 15,926,775 | 23% | added |
| 23 | VALEANT PHARMACEUTICALS INTL | 2.1% | $41.6m | 1,580,950 | – | new | |
| 24 | CIGNA CORPORATION | 2.1% | $41.5m | 302,520 | -6% | reduced | |
| 25 | TCRT ZIOPHARM ONCOLOGY INC | 2.0% | $40.6m | 5,468,521 | 14% | added | |
| 26 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 1.9% | $38.8m | 490,925 | -5% | reduced |
| 27 | JD JD COM INC | Consumer Cyclical | 1.9% | $38.7m | 1,461,550 | -6% | reduced |
| 28 | TMHC* TAYLOR MORRISON HOME CORP | 1.7% | $34.4m | 2,433,425 | -6% | reduced | |
| 29 | TWITTER INC | 1.7% | $33.6m | 2,030,099 | 203% | added | |
| 30 | STX SEAGATE TECHNOLOGY PLC | Technology | 1.5% | $29.6m | 857,975 | 16% | added |
| 31 | GRPN GROUPON INC | Communication Services | 1.3% | $26.4m | 6,625,000 | -29% | reduced |
| 32 | NATIONSTAR MTG HLDGS INC | 1.3% | $26.3m | 2,656,950 | 3% | added | |
| 33 | T86 TRI POINTE GROUP INC | 1.3% | $26.2m | 2,224,475 | -4% | reduced | |
| 34 | RDN RADIAN GROUP INC | Financial Services | 1.1% | $21.6m | 1,742,075 | -4% | reduced |
| 35 | PENNYMAC FINL SVCS INC | 0.9% | $18.8m | 1,596,075 | -5% | reduced | |
| 36 | GM GENERAL MTRS CO | Consumer Cyclical | 0.8% | $16.7m | 532,625 | -59% | reduced |
| 37 | AMZN AMAZON COM INC | Consumer Cyclical | 0.6% | $13.0m | 21,865 | -84% | reduced |
| 38 | VEREIT INC | 0.2% | $4.3m | 485,000 | 0% | held | |
| 39 | NEW MEDIA INVT GROUP INC | 0.2% | $3.7m | 225,000 | 0% | held | |
| 40 | TRIANGLE CAP CORP | 0.2% | $3.6m | 176,778 | 0% | held | |
| 41 | FRONTIER COMMUNICATIONS CORP | 0.1% | $2.9m | 28,000 | 0% | held | |
| 42 | HATTERAS FINL CORP | 0.1% | $2.9m | 200,000 | 0% | held | |
| 43 | NORTHSTAR RLTY FIN CORP | 0.1% | $2.8m | 213,450 | 88% | added | |
| 44 | FORTRESS TRANS INFRST INVS L | 0.1% | $2.8m | 280,000 | 40% | added | |
| 45 | STWD STARWOOD PPTY TR INC | Real Estate | 0.1% | $2.7m | 145,200 | 0% | held |
| 46 | CHIMERA INVT CORP | 0.1% | $2.4m | 180,000 | 0% | held | |
| 47 | FORTRESS INVESTMENT GROUP LL | 0.1% | $2.4m | 500,000 | 0% | held | |
| 48 | AMERICAN CAPITAL AGENCY CORP | 0.1% | $2.3m | 125,000 | 0% | held | |
| 49 | APOLLO GLOBAL MGMT LLC | 0.1% | $2.3m | 135,000 | 0% | held | |
| 50 | BGC PARTNERS INC | 0.1% | $2.0m | 226,400 | 0% | held |
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.