Miller Value Partners 13F holdings, Q3 2019
Holdings as of September 30, 2019 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 96 US equity positions worth $2.5bn in its Q3 2019 13F filing. The largest position was RH at 4.7% of the reported book, followed by AMZN and ADT. Against the Q2 2019 filing, it opened 3 new positions, added to 14 and reduced 19 among the top 50 holdings.
What did Miller Value Partners own in Q3 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2019 |
|---|---|---|---|---|---|---|---|
| 1 | RH RH | Consumer Cyclical | 4.7% | $116.1m | 679,815 | -26% | reduced |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 4.6% | $114.3m | 65,851 | -8% | reduced |
| 3 | ADT ADT INC | Industrials | 4.1% | $101.6m | 16,206,425 | 0% | held |
| 4 | OMF ONEMAIN HLDGS INC | Financial Services | 4.0% | $100.1m | 2,730,065 | -11% | reduced |
| 5 | BHC BAUSCH HEALTH COS INC | Healthcare | 4.0% | $98.7m | 4,516,389 | -3% | reduced |
| 6 | BHF BRIGHTHOUSE FINL INC | Financial Services | 3.7% | $92.6m | 2,287,950 | -0% | held |
| 7 | GNW GENWORTH FINL INC | Financial Services | 3.5% | $86.9m | 19,740,425 | -4% | reduced |
| 8 | LEN LENNAR CORP | Consumer Cyclical | 3.4% | $83.2m | 1,488,975 | 0% | held |
| 9 | JPM JPMORGAN CHASE & CO | Financial Services | 3.1% | $76.5m | 649,861 | -8% | reduced |
| 10 | NXPI NXP SEMICONDUCTORS N V | Technology | 3.0% | $73.1m | 669,985 | -12% | reduced |
| 11 | FLEXION THERAPEUTICS INC | 2.9% | $71.5m | 5,215,810 | 7% | added | |
| 12 | DAL DELTA AIR LINES INC DEL | Industrials | 2.9% | $70.8m | 1,229,930 | -5% | reduced |
| 13 | MED MEDIFAST INC | Consumer Cyclical | 2.8% | $70.4m | 679,515 | – | new |
| 14 | MU MICRON TECHNOLOGY INC | Technology | 2.8% | $69.9m | 1,630,180 | -14% | reduced |
| 15 | META FACEBOOK INC | Communication Services | 2.8% | $68.9m | 387,175 | -14% | reduced |
| 16 | BAC BANK AMER CORP | Financial Services | 2.6% | $63.4m | 2,171,909 | 0% | held |
| 17 | TIVITY HEALTH INC | 2.5% | $61.2m | 3,682,850 | 37% | added | |
| 18 | AAL AMERICAN AIRLS GROUP INC | Industrials | 2.4% | $59.0m | 2,188,050 | 42% | added |
| 19 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 2.4% | $58.4m | 8,491,152 | 31% | added |
| 20 | QUOTIENT TECHNOLOGY INC | 2.3% | $57.3m | 7,328,875 | 1% | added | |
| 21 | UAL UNITED AIRLINES HLDGS INC | Industrials | 2.3% | $56.0m | 633,410 | -17% | reduced |
| 22 | TCRT ZIOPHARM ONCOLOGY INC | 2.2% | $55.6m | 12,983,146 | 41% | added | |
| 23 | PHM PULTE GROUP INC | Consumer Cyclical | 2.2% | $53.3m | 1,458,995 | -24% | reduced |
| 24 | INTREXON CORP | 1.9% | $48.1m | 8,414,010 | 5% | added | |
| 25 | CVS CVS HEALTH CORP | Healthcare | 1.9% | $47.9m | 759,575 | 0% | held |
| 26 | ENDO INTL PLC | 1.9% | $47.7m | 14,867,090 | 52% | added | |
| 27 | C CITIGROUP INC | Financial Services | 1.8% | $45.0m | 651,231 | 0% | held |
| 28 | DISCOVERY INC | 1.8% | $44.1m | 1,657,800 | 0% | held | |
| 29 | ALXN ALEXION PHARMACEUTICALS INC | 1.8% | $44.0m | 448,780 | 0% | held | |
| 30 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 1.8% | $43.4m | 259,795 | 12% | added |
| 31 | QCOM QUALCOMM INC | Technology | 1.6% | $38.3m | 502,670 | -20% | reduced |
| 32 | EB4 EVENTBRITE INC | 1.5% | $36.4m | 2,053,200 | 24% | added | |
| 33 | AVON PRODS INC | 1.4% | $35.2m | 8,003,813 | -60% | reduced | |
| 34 | SFIX STITCH FIX INC | Consumer Cyclical | 1.3% | $31.6m | 1,642,725 | 87% | added |
| 35 | PTON PELOTON INTERACTIVE INC | Consumer Cyclical | 0.8% | $19.3m | 767,325 | – | new |
| 36 | PBI PITNEY BOWES INC | Industrials | 0.8% | $19.0m | 4,147,775 | 42% | added |
| 37 | APOLLO GLOBAL MGMT INC | 0.7% | $17.0m | 449,500 | – | new | |
| 38 | LYON WILLIAM HOMES | 0.7% | $16.5m | 808,945 | -0% | held | |
| 39 | CARLYLE GROUP L P | 0.6% | $14.9m | 583,800 | 0% | held | |
| 40 | CHGG CHEGG INC | Consumer Defensive | 0.5% | $12.7m | 425,000 | -15% | reduced |
| 41 | GTY TECHNOLOGY HOLDINGS INC | 0.5% | $11.6m | 1,851,725 | 0% | held | |
| 42 | MACQUARIE INFRASTRUCTURE COR | 0.4% | $9.8m | 248,000 | -4% | reduced | |
| 43 | CENTURYLINK INC | 0.4% | $9.5m | 759,366 | -7% | reduced | |
| 44 | WD WALKER & DUNLOP INC | Financial Services | 0.3% | $8.3m | 148,000 | -26% | reduced |
| 45 | PROSHARES TR | 0.3% | $8.0m | 145,600 | 0% | held | |
| 46 | COTT CORP QUE | 0.3% | $7.5m | 600,000 | 0% | held | |
| 47 | ANF ABERCROMBIE & FITCH CO | Consumer Cyclical | 0.3% | $7.2m | 463,800 | 132% | added |
| 48 | SEASPAN CORP | 0.3% | $6.8m | 641,675 | 0% | held | |
| 49 | NCMI NATIONAL CINEMEDIA INC | Communication Services | 0.3% | $6.8m | 830,000 | -24% | reduced |
| 50 | QUAD QUAD / GRAPHICS INC | Industrials | 0.3% | $6.6m | 630,000 | 8% | 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.