Miller Value Partners 13F holdings, Q4 2017
Holdings as of December 31, 2017 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 107 US equity positions worth $2.3bn in its Q4 2017 13F filing. The largest position was VALEANT PHARMACEUTICALS INTL at 6.1% of the reported book, followed by AMZN and RH. Against the Q3 2017 filing, it opened 5 new positions, added to 9 and reduced 23 among the top 50 holdings.
What did Miller Value Partners own in Q4 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2017 |
|---|---|---|---|---|---|---|---|
| 1 | VALEANT PHARMACEUTICALS INTL | 6.1% | $140.2m | 6,748,159 | -2% | reduced | |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 6.0% | $138.2m | 118,140 | -1% | reduced |
| 3 | RH RH | Consumer Cyclical | 5.0% | $115.7m | 1,342,210 | -18% | reduced |
| 4 | OMF ONEMAIN HLDGS INC | Financial Services | 4.2% | $95.9m | 3,689,535 | 1% | added |
| 5 | DAL DELTA AIR LINES INC DEL | Industrials | 4.0% | $92.9m | 1,658,535 | -1% | reduced |
| 6 | LEN LENNAR CORP | Consumer Cyclical | 3.9% | $89.2m | 1,409,950 | -1% | reduced |
| 7 | AAL AMERICAN AIRLS GROUP INC | Industrials | 3.7% | $85.0m | 1,634,200 | -1% | reduced |
| 8 | JPMORGAN CHASE & CO | 3.6% | $82.7m | 1,244,225 | -13% | reduced | |
| 9 | PHM PULTE GROUP INC | Consumer Cyclical | 3.2% | $73.4m | 2,207,875 | -12% | reduced |
| 10 | UAL UNITED CONTL HLDGS INC | Industrials | 3.0% | $70.3m | 1,043,505 | -1% | reduced |
| 11 | BAC BANK AMER CORP | Financial Services | 3.0% | $69.4m | 2,352,364 | -7% | reduced |
| 12 | PLATFORM SPECIALTY PRODS COR | 3.0% | $69.4m | 6,991,300 | -0% | held | |
| 13 | FLEXION THERAPEUTICS INC | 2.9% | $67.2m | 2,684,500 | 127% | added | |
| 14 | WOO FOOT LOCKER INC | 2.9% | $66.3m | 1,413,675 | 11% | added | |
| 15 | QUOTIENT TECHNOLOGY INC | 2.8% | $64.9m | 5,521,016 | -7% | reduced | |
| 16 | W WAYFAIR INC | Consumer Cyclical | 2.7% | $63.3m | 788,500 | -6% | reduced |
| 17 | ENDO INTL PLC | 2.7% | $61.3m | 7,916,025 | 6% | added | |
| 18 | GNW GENWORTH FINL INC | Financial Services | 2.5% | $58.6m | 18,836,505 | -0% | held |
| 19 | MTG MGIC INVT CORP WIS | Financial Services | 2.5% | $57.2m | 4,051,725 | -37% | reduced |
| 20 | ENDURANCE INTL GROUP HLDGS I | 2.4% | $54.8m | 6,519,278 | -11% | reduced | |
| 21 | C CITIGROUP INC | Financial Services | 2.3% | $52.9m | 710,706 | -4% | reduced |
| 22 | INTREXON CORP | 2.3% | $52.8m | 4,584,175 | 25% | added | |
| 23 | ALXN ALEXION PHARMACEUTICALS INC | 2.3% | $52.2m | 436,865 | -2% | reduced | |
| 24 | CENTURYLINK INC | 2.0% | $46.5m | 2,786,450 | – | new | |
| 25 | META FACEBOOK INC | Communication Services | 1.7% | $39.4m | 223,065 | -1% | reduced |
| 26 | DISCOVERY COMMUNICATNS NEW | 1.6% | $38.1m | 1,702,800 | – | new | |
| 27 | MALLINCKRODT PUB LTD CO | 1.6% | $36.5m | 1,618,575 | 49% | added | |
| 28 | SFIX STITCH FIX INC | Consumer Cyclical | 1.6% | $36.0m | 1,393,930 | – | new |
| 29 | ALLERGAN PLC | 1.1% | $26.0m | 159,125 | -1% | reduced | |
| 30 | PANDORA MEDIA INC | 1.1% | $25.6m | 5,316,325 | 0% | held | |
| 31 | ATHENAHEALTH INC | 1.0% | $22.6m | 170,045 | -9% | reduced | |
| 32 | TCRT ZIOPHARM ONCOLOGY INC | 0.9% | $21.0m | 5,084,246 | 5% | added | |
| 33 | GME GAMESTOP CORP NEW | Consumer Cyclical | 0.9% | $19.7m | 1,097,660 | -0% | held |
| 34 | GTY TECHNOLOGY HOLDINGS INC | 0.8% | $19.6m | 1,900,375 | -1% | reduced | |
| 35 | SPY SPDR S&P 500 ETF TR | 0.6% | $13.4m | 50,290 | -1% | reduced | |
| 36 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 0.4% | $9.8m | 516,112 | – | new |
| 37 | APOLLO GLOBAL MGMT LLC | 0.4% | $9.6m | 288,000 | 0% | held | |
| 38 | WD WALKER & DUNLOP INC | Financial Services | 0.4% | $9.5m | 200,000 | – | new |
| 39 | COTT CORP QUE | 0.4% | $9.2m | 550,000 | 0% | held | |
| 40 | CHGG CHEGG INC | Consumer Defensive | 0.4% | $9.0m | 550,000 | 0% | held |
| 41 | FIAT CHRYSLER AUTOMOBILES N | 0.4% | $8.9m | 500,000 | 0% | held | |
| 42 | PROSHARES TR | 0.4% | $8.4m | 250,000 | 0% | held | |
| 43 | CARLYLE GROUP L P | 0.3% | $7.7m | 335,000 | 0% | held | |
| 44 | CREDIT SUISSE GROUP | 0.3% | $6.8m | 378,715 | -1% | reduced | |
| 45 | CALATLANTIC GROUP INC | 0.2% | $5.6m | 100,000 | 0% | held | |
| 46 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 0.2% | $5.6m | 311,750 | 0% | held |
| 47 | CHIMERA INVT CORP | 0.2% | $5.2m | 280,000 | 0% | held | |
| 48 | ANF ABERCROMBIE & FITCH CO | Consumer Cyclical | 0.2% | $5.0m | 285,255 | -5% | reduced |
| 49 | TRIANGLE CAP CORP | 0.2% | $4.9m | 517,278 | 109% | added | |
| 50 | SEASPAN CORP | 0.2% | $4.4m | 649,465 | 2% | 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.