Miller Value Partners 13F holdings, Q1 2017
Holdings as of March 31, 2017 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 66 US equity positions worth $1.9bn in its Q1 2017 13F filing. The largest position was RH at 6.3% of the reported book, followed by AMZN and PLATFORM SPECIALTY PRODS COR. Against the Q4 2016 filing, it opened 13 new positions, added to 14 and reduced 18 among the top 50 holdings.
What did Miller Value Partners own in Q1 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2016 |
|---|---|---|---|---|---|---|---|
| 1 | RH RH | Consumer Cyclical | 6.3% | $121.9m | 2,634,400 | – | new |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 5.7% | $109.1m | 123,107 | 12% | added |
| 3 | PLATFORM SPECIALTY PRODS COR | 5.1% | $98.5m | 7,564,400 | 5% | added | |
| 4 | OMF ONEMAIN HLDGS INC | Financial Services | 4.8% | $91.9m | 3,696,900 | 11% | added |
| 5 | LEN LENNAR CORP | Consumer Cyclical | 4.2% | $80.6m | 1,573,625 | -2% | reduced |
| 6 | DAL DELTA AIR LINES INC DEL | Industrials | 4.1% | $79.6m | 1,731,825 | -7% | reduced |
| 7 | UAL UNITED CONTL HLDGS INC | Industrials | 4.1% | $78.7m | 1,113,680 | -11% | reduced |
| 8 | GNW GENWORTH FINL INC | Financial Services | 3.9% | $75.7m | 18,367,575 | 17% | added |
| 9 | AAL AMERICAN AIRLS GROUP INC | Industrials | 3.9% | $74.5m | 1,760,525 | -8% | reduced |
| 10 | JPMORGAN CHASE & CO | 3.8% | $72.9m | 1,574,200 | -9% | reduced | |
| 11 | MTG MGIC INVT CORP WIS | Financial Services | 3.6% | $70.1m | 6,918,800 | -10% | reduced |
| 12 | INTREXON CORP | 3.6% | $69.1m | 3,487,425 | 13% | added | |
| 13 | PHM PULTE GROUP INC | Consumer Cyclical | 3.5% | $67.6m | 2,869,775 | -17% | reduced |
| 14 | PANDORA MEDIA INC | 3.3% | $63.3m | 5,363,975 | -2% | reduced | |
| 15 | VALEANT PHARMACEUTICALS INTL | 3.3% | $62.9m | 5,705,675 | 18% | added | |
| 16 | BAC BANK AMER CORP | Financial Services | 3.3% | $62.8m | 2,662,775 | -24% | reduced |
| 17 | QUOTIENT TECHNOLOGY INC | 3.0% | $58.7m | 6,148,800 | -2% | reduced | |
| 18 | ENDURANCE INTL GROUP HLDGS I | 3.0% | $57.8m | 7,358,200 | 1% | added | |
| 19 | W WAYFAIR INC | Consumer Cyclical | 2.8% | $53.4m | 1,318,200 | – | new |
| 20 | ENDO INTL PLC | 2.7% | $52.5m | 4,701,400 | 39% | added | |
| 21 | C CITIGROUP INC | Financial Services | 2.4% | $46.1m | 770,200 | -16% | reduced |
| 22 | ALXN ALEXION PHARMACEUTICALS INC | 2.3% | $43.5m | 358,700 | 260% | added | |
| 23 | ALLERGAN PLC | 2.1% | $40.8m | 170,725 | 28% | added | |
| 24 | TCRT ZIOPHARM ONCOLOGY INC | 1.6% | $31.2m | 4,925,321 | 1% | added | |
| 25 | GME GAMESTOP CORP NEW | Consumer Cyclical | 1.5% | $28.4m | 1,258,075 | -22% | reduced |
| 26 | STX SEAGATE TECHNOLOGY PLC | Technology | 1.4% | $27.9m | 607,775 | -23% | reduced |
| 27 | TWITTER INC | 1.4% | $26.2m | 1,750,680 | -3% | reduced | |
| 28 | GILD GILEAD SCIENCES INC | Healthcare | 1.3% | $25.6m | 377,250 | -19% | reduced |
| 29 | ATHENAHEALTH INC | 1.1% | $20.8m | 184,925 | – | new | |
| 30 | GTY TECHNOLOGY HOLDINGS INC | 1.0% | $20.1m | 1,951,575 | -3% | reduced | |
| 31 | GEO GEO GROUP INC NEW | Industrials | 0.4% | $7.0m | 152,000 | 0% | held |
| 32 | COTT CORP QUE | 0.4% | $6.8m | 550,000 | – | new | |
| 33 | APOLLO GLOBAL MGMT LLC | 0.3% | $5.8m | 240,000 | 0% | held | |
| 34 | PROSHARES TR | 0.3% | $5.8m | 175,000 | – | new | |
| 35 | CHIMERA INVT CORP | 0.3% | $5.7m | 280,000 | 17% | added | |
| 36 | FIAT CHRYSLER AUTOMOBILES N | 0.3% | $5.5m | 500,000 | – | new | |
| 37 | CARLYLE GROUP L P | 0.3% | $5.3m | 335,000 | 68% | added | |
| 38 | CREDIT SUISSE GROUP | 0.3% | $5.2m | 350,000 | – | new | |
| 39 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 0.2% | $4.8m | 280,750 | 10% | added |
| 40 | CHGG CHEGG INC | Consumer Defensive | 0.2% | $4.6m | 550,000 | – | new |
| 41 | COLONY NORTHSTAR INC | 0.2% | $4.4m | 339,500 | – | new | |
| 42 | FORTRESS TRANS INFRST INVS L | 0.2% | $4.4m | 293,000 | -25% | reduced | |
| 43 | NEW MEDIA INVT GROUP INC | 0.2% | $4.0m | 282,000 | 0% | held | |
| 44 | CALATLANTIC GROUP INC | 0.2% | $3.7m | 100,000 | – | new | |
| 45 | SEASPAN CORP | 0.2% | $3.5m | 500,000 | – | new | |
| 46 | NATIONSTAR MTG HLDGS INC | 0.2% | $3.3m | 210,400 | -90% | reduced | |
| 47 | STWD STARWOOD PPTY TR INC | Real Estate | 0.2% | $3.3m | 145,200 | 0% | held |
| 48 | FIFTH STREET FINANCE CORP | 0.2% | $3.2m | 700,000 | – | new | |
| 49 | ARLINGTON ASSET INVT CORP | 0.2% | $3.0m | 210,000 | 0% | held | |
| 50 | CITIGROUP GLOBAL MKTS HLDGS | 0.1% | $2.7m | 100,000 | – | new |
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.