Miller Value Partners 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 107 US equity positions worth $2.3bn in its Q1 2018 13F filing. The largest position was AMZN at 7.0% of the reported book, followed by RH and OMF. Against the Q4 2017 filing, it opened 2 new positions, added to 15 and reduced 25 among the top 50 holdings.
What did Miller Value Partners own in Q1 2018? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 7.0% | $164.3m | 113,528 | -4% | reduced |
| 2 | RH RH | Consumer Cyclical | 5.4% | $125.1m | 1,313,180 | -2% | reduced |
| 3 | OMF ONEMAIN HLDGS INC | Financial Services | 4.6% | $108.1m | 3,611,660 | -2% | reduced |
| 4 | VALEANT PHARMACEUTICALS INTL | 3.7% | $86.2m | 5,414,064 | -20% | reduced | |
| 5 | DAL DELTA AIR LINES INC DEL | Industrials | 3.7% | $85.6m | 1,561,700 | -6% | reduced |
| 6 | JPMORGAN CHASE & CO | 3.6% | $84.9m | 1,221,100 | -2% | reduced | |
| 7 | LEN LENNAR CORP | Consumer Cyclical | 3.5% | $81.7m | 1,386,225 | -2% | reduced |
| 8 | AAL AMERICAN AIRLS GROUP INC | Industrials | 3.4% | $79.9m | 1,537,750 | -6% | reduced |
| 9 | INTREXON CORP | 3.2% | $73.7m | 4,810,000 | 5% | added | |
| 10 | UAL UNITED CONTL HLDGS INC | Industrials | 3.0% | $70.2m | 1,010,825 | -3% | reduced |
| 11 | QUOTIENT TECHNOLOGY INC | 3.0% | $69.1m | 5,275,825 | -4% | reduced | |
| 12 | BAC BANK AMER CORP | Financial Services | 2.9% | $66.6m | 2,221,264 | -6% | reduced |
| 13 | PHM PULTE GROUP INC | Consumer Cyclical | 2.7% | $63.1m | 2,139,975 | -3% | reduced |
| 14 | WOO FOOT LOCKER INC | 2.7% | $62.9m | 1,380,400 | -2% | reduced | |
| 15 | PLATFORM SPECIALTY PRODS COR | 2.7% | $62.0m | 6,434,325 | -8% | reduced | |
| 16 | FLEXION THERAPEUTICS INC | 2.6% | $59.8m | 2,669,900 | -1% | reduced | |
| 17 | CENTURYLINK INC | 2.5% | $58.6m | 3,567,435 | 28% | added | |
| 18 | ENDO INTL PLC | 2.5% | $57.9m | 9,746,330 | 23% | added | |
| 19 | GNW GENWORTH FINL INC | Financial Services | 2.4% | $55.0m | 19,423,255 | 3% | added |
| 20 | ENDURANCE INTL GROUP HLDGS I | 2.0% | $47.1m | 6,364,775 | -2% | reduced | |
| 21 | ALXN ALEXION PHARMACEUTICALS INC | 2.0% | $46.9m | 421,065 | -4% | reduced | |
| 22 | ALLERGAN PLC | 2.0% | $45.7m | 271,810 | 71% | added | |
| 23 | DISCOVERY COMMUNICATNS NEW | 1.9% | $44.6m | 2,079,225 | 22% | added | |
| 24 | META FACEBOOK INC | Communication Services | 1.9% | $44.3m | 277,270 | 24% | added |
| 25 | C CITIGROUP INC | Financial Services | 1.9% | $44.1m | 653,531 | -8% | reduced |
| 26 | W WAYFAIR INC | Consumer Cyclical | 1.9% | $43.9m | 650,700 | -17% | reduced |
| 27 | MTG MGIC INVT CORP WIS | Financial Services | 1.6% | $37.8m | 2,908,625 | -28% | reduced |
| 28 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 1.6% | $37.5m | 2,194,972 | 325% | added |
| 29 | CELG CELGENE CORP | 1.6% | $36.9m | 414,055 | 18721% | added | |
| 30 | PANDORA MEDIA INC | 1.4% | $33.4m | 6,638,775 | 25% | added | |
| 31 | MALLINCKRODT PUB LTD CO | 1.3% | $30.7m | 2,119,275 | 31% | added | |
| 32 | SFIX STITCH FIX INC | Consumer Cyclical | 1.2% | $28.0m | 1,379,173 | -1% | reduced |
| 33 | SPY SPDR S&P 500 ETF TR | 1.0% | $22.9m | 87,210 | 73% | added | |
| 34 | ATHENAHEALTH INC | 1.0% | $22.3m | 156,065 | -8% | reduced | |
| 35 | TCRT ZIOPHARM ONCOLOGY INC | 0.8% | $19.7m | 5,037,946 | -1% | reduced | |
| 36 | GTY TECHNOLOGY HOLDINGS INC | 0.8% | $19.4m | 1,878,975 | -1% | reduced | |
| 37 | PROSHARES TR | 0.8% | $18.1m | 500,000 | 100% | added | |
| 38 | WD WALKER & DUNLOP INC | Financial Services | 0.5% | $11.9m | 200,000 | 0% | held |
| 39 | CHGG CHEGG INC | Consumer Defensive | 0.5% | $11.4m | 550,000 | 0% | held |
| 40 | MU MICRON TECHNOLOGY INC | Technology | 0.4% | $10.4m | 200,000 | – | new |
| 41 | FIAT CHRYSLER AUTOMOBILES N | 0.4% | $10.3m | 500,000 | 0% | held | |
| 42 | APOLLO GLOBAL MGMT LLC | 0.4% | $8.5m | 288,000 | 0% | held | |
| 43 | COTT CORP QUE | 0.3% | $8.1m | 550,000 | 0% | held | |
| 44 | PROSHARES TR | 0.3% | $8.0m | 61,105 | 108% | added | |
| 45 | CARLYLE GROUP L P | 0.3% | $7.2m | 335,000 | 0% | held | |
| 46 | ANF ABERCROMBIE & FITCH CO | Consumer Cyclical | 0.3% | $6.6m | 273,000 | -4% | reduced |
| 47 | CREDIT SUISSE GROUP | 0.3% | $6.4m | 378,715 | 0% | held | |
| 48 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 0.2% | $5.8m | 353,750 | 13% | added |
| 49 | TRIANGLE CAP CORP | 0.2% | $5.8m | 517,278 | 0% | held | |
| 50 | CYS INVTS INC | 0.2% | $5.4m | 810,000 | – | 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.