Miller Value Partners 13F holdings, Q2 2017
Holdings as of June 30, 2017 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 110 US equity positions worth $2.2bn in its Q2 2017 13F filing. The largest position was RH at 6.9% of the reported book, followed by VALEANT PHARMACEUTICALS INTL and AMZN. Against the Q1 2017 filing, it opened 4 new positions, added to 14 and reduced 18 among the top 50 holdings.
What did Miller Value Partners own in Q2 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2017 |
|---|---|---|---|---|---|---|---|
| 1 | RH RH | Consumer Cyclical | 6.9% | $151.8m | 2,352,875 | -11% | reduced |
| 2 | VALEANT PHARMACEUTICALS INTL | 5.5% | $121.3m | 7,011,048 | 23% | added | |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 5.3% | $117.6m | 121,450 | -1% | reduced |
| 4 | PLATFORM SPECIALTY PRODS COR | 4.2% | $93.0m | 7,334,450 | -3% | reduced | |
| 5 | DAL DELTA AIR LINES INC DEL | Industrials | 4.2% | $91.7m | 1,706,125 | -1% | reduced |
| 6 | OMF ONEMAIN HLDGS INC | Financial Services | 4.2% | $91.4m | 3,716,160 | 1% | added |
| 7 | INTREXON CORP | 4.1% | $89.5m | 3,717,000 | 7% | added | |
| 8 | W WAYFAIR INC | Consumer Cyclical | 4.0% | $88.5m | 1,150,500 | -13% | reduced |
| 9 | AAL AMERICAN AIRLS GROUP INC | Industrials | 3.9% | $86.3m | 1,714,625 | -3% | reduced |
| 10 | LEN LENNAR CORP | Consumer Cyclical | 3.7% | $82.3m | 1,544,000 | -2% | reduced |
| 11 | UAL UNITED CONTL HLDGS INC | Industrials | 3.7% | $80.8m | 1,073,480 | -4% | reduced |
| 12 | JPMORGAN CHASE & CO | 3.5% | $77.8m | 1,546,550 | -2% | reduced | |
| 13 | MTG MGIC INVT CORP WIS | Financial Services | 3.4% | $75.4m | 6,729,650 | -3% | reduced |
| 14 | QUOTIENT TECHNOLOGY INC | 3.2% | $70.5m | 6,134,141 | -0% | held | |
| 15 | PHM PULTE GROUP INC | Consumer Cyclical | 3.1% | $69.2m | 2,819,775 | -2% | reduced |
| 16 | GNW GENWORTH FINL INC | Financial Services | 3.1% | $69.0m | 18,309,835 | -0% | held |
| 17 | ENDO INTL PLC | 3.1% | $68.3m | 6,110,410 | 30% | added | |
| 18 | BAC BANK AMER CORP | Financial Services | 2.8% | $62.3m | 2,568,009 | -4% | reduced |
| 19 | ENDURANCE INTL GROUP HLDGS I | 2.8% | $62.2m | 7,455,000 | 1% | added | |
| 20 | ALXN ALEXION PHARMACEUTICALS INC | 2.5% | $54.8m | 450,725 | 26% | added | |
| 21 | C CITIGROUP INC | Financial Services | 2.3% | $50.4m | 753,700 | -2% | reduced |
| 22 | PANDORA MEDIA INC | 2.2% | $47.4m | 5,313,975 | -1% | reduced | |
| 23 | ALLERGAN PLC | 1.8% | $40.1m | 165,125 | -3% | reduced | |
| 24 | TCRT ZIOPHARM ONCOLOGY INC | 1.4% | $30.6m | 4,926,456 | 0% | held | |
| 25 | ATHENAHEALTH INC | 1.2% | $27.0m | 191,935 | 4% | added | |
| 26 | GILD GILEAD SCIENCES INC | Healthcare | 1.2% | $26.2m | 369,660 | -2% | reduced |
| 27 | META FACEBOOK INC | Communication Services | 1.2% | $26.0m | 172,075 | – | new |
| 28 | GME GAMESTOP CORP NEW | Consumer Cyclical | 1.1% | $25.3m | 1,168,890 | -7% | reduced |
| 29 | STX SEAGATE TECHNOLOGY PLC | Technology | 0.9% | $20.6m | 532,362 | -12% | reduced |
| 30 | GTY TECHNOLOGY HOLDINGS INC | 0.9% | $20.4m | 1,948,575 | -0% | held | |
| 31 | SPY SPDR S&P 500 ETF TR | 0.6% | $12.3m | 50,942 | – | new | |
| 32 | HALO HALOZYME THERAPEUTICS INC | Healthcare | 0.6% | $12.2m | 949,800 | – | new |
| 33 | FLEXION THERAPEUTICS INC | 0.5% | $10.7m | 527,800 | – | new | |
| 34 | PROSHARES TR | 0.4% | $9.0m | 250,000 | 43% | added | |
| 35 | COTT CORP QUE | 0.4% | $7.9m | 550,000 | 0% | held | |
| 36 | APOLLO GLOBAL MGMT LLC | 0.3% | $7.6m | 288,000 | 20% | added | |
| 37 | CHGG CHEGG INC | Consumer Defensive | 0.3% | $6.8m | 550,000 | 0% | held |
| 38 | CARLYLE GROUP L P | 0.3% | $6.6m | 335,000 | 0% | held | |
| 39 | NEW MEDIA INVT GROUP INC | 0.3% | $5.9m | 439,245 | 56% | added | |
| 40 | CREDIT SUISSE GROUP | 0.3% | $5.7m | 392,389 | 12% | added | |
| 41 | FIAT CHRYSLER AUTOMOBILES N | 0.2% | $5.3m | 500,000 | 0% | held | |
| 42 | CHIMERA INVT CORP | 0.2% | $5.2m | 280,000 | 0% | held | |
| 43 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 0.2% | $4.9m | 311,750 | 11% | added |
| 44 | COLONY NORTHSTAR INC | 0.2% | $4.8m | 339,500 | 0% | held | |
| 45 | FORTRESS TRANS INFRST INVS L | 0.2% | $4.7m | 294,792 | 1% | added | |
| 46 | SEASPAN CORP | 0.2% | $4.5m | 632,185 | 26% | added | |
| 47 | CALATLANTIC GROUP INC | 0.2% | $3.5m | 100,000 | 0% | held | |
| 48 | FIFTH STREET FINANCE CORP | 0.2% | $3.4m | 700,000 | 0% | held | |
| 49 | STWD STARWOOD PPTY TR INC | Real Estate | 0.1% | $3.3m | 145,200 | 0% | held |
| 50 | ARLINGTON ASSET INVT CORP | 0.1% | $2.9m | 210,000 | 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.