Miller Value Partners 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Miller Value Partners disclosed 30 US equity positions worth $156.4m in its Q1 2024 13F filing. The largest position was STLA at 7.8% of the reported book, followed by MICROSTRATEGY INC and T. Against the Q4 2023 filing, it opened 5 new positions, added to 6 and reduced 19 among the top 30 holdings.
What did Miller Value Partners own in Q1 2024? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | STLA STELLANTIS N.V | Consumer Cyclical | 7.8% | $12.2m | 430,000 | -13% | reduced |
| 2 | MICROSTRATEGY INC | 7.3% | $11.4m | 2,650,000 | -15% | reduced | |
| 3 | T AT&T INC | Communication Services | 6.6% | $10.3m | 588,000 | 7% | added |
| 4 | JXN JACKSON FINANCIAL INC | Financial Services | 6.5% | $10.1m | 152,610 | -24% | reduced |
| 5 | BFH BREAD FINANCIAL HOLDINGS INC | Financial Services | 6.1% | $9.5m | 254,770 | -17% | reduced |
| 6 | WAL WESTERN ALLIANCE BANCORP | Financial Services | 5.9% | $9.3m | 144,305 | -17% | reduced |
| 7 | OMF ONEMAIN HLDGS INC | Financial Services | 5.0% | $7.8m | 153,000 | -6% | reduced |
| 8 | QUAD QUAD / GRAPHICS INC | Industrials | 4.9% | $7.6m | 1,430,300 | -11% | reduced |
| 9 | CTO RLTY GROWTH INC NEW | 4.8% | $7.5m | 443,900 | 3% | added | |
| 10 | VTRS VIATRIS INC | Healthcare | 4.7% | $7.4m | 619,000 | -13% | reduced |
| 11 | LNC LINCOLN NATL CORP IND | Financial Services | 4.1% | $6.4m | 198,990 | – | new |
| 12 | CHRD CHORD ENERGY CORPORATION | Energy | 4.0% | $6.2m | 34,670 | – | new |
| 13 | BCC BOISE CASCADE CO DEL | Basic Materials | 3.9% | $6.1m | 40,000 | 700% | added |
| 14 | BKE BUCKLE INC | Consumer Cyclical | 3.9% | $6.0m | 150,000 | -9% | reduced |
| 15 | TDAY GANNETT CO INC | Communication Services | 3.9% | $6.0m | 2,468,575 | -1% | reduced |
| 16 | NBR NABORS INDUSTRIES LTD | Energy | 3.8% | $6.0m | 69,761 | 6% | added |
| 17 | UGI UGI CORP NEW | Utilities | 2.6% | $4.1m | 167,000 | – | new |
| 18 | BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 2.1% | $3.3m | 60,000 | – | new |
| 19 | TPC TUTOR PERINI CORP | Industrials | 2.0% | $3.1m | 214,560 | -6% | reduced |
| 20 | GTN GRAY TELEVISION INC | Communication Services | 2.0% | $3.1m | 489,188 | 21% | added |
| 21 | ENCORE WIRE CORP | 1.8% | $2.9m | 11,000 | -55% | reduced | |
| 22 | CNDT CONDUENT INC | Technology | 1.6% | $2.4m | 718,600 | -1% | reduced |
| 23 | ARLP ALLIANCE RESOURCE PARTNERS L | 1.5% | $2.3m | 117,000 | -21% | reduced | |
| 24 | GEO GEO GROUP INC NEW | Industrials | 1.3% | $2.0m | 145,000 | -62% | reduced |
| 25 | DCH AMERICAN AXLE & MFG HLDGS IN | Consumer Cyclical | 0.9% | $1.5m | 198,355 | -5% | reduced |
| 26 | FOSL FOSSIL GROUP INC | Consumer Cyclical | 0.7% | $1.1m | 1,091,750 | 9% | added |
| 27 | CLF CLEVELAND-CLIFFS INC NEW | Basic Materials | 0.1% | $209.2k | 9,198 | – | new |
| 28 | FTI TECHNIPFMC PLC | Energy | 0.1% | $205.5k | 8,185 | -81% | reduced |
| 29 | PBI PITNEY BOWES INC | Industrials | 0.1% | $175.7k | 40,584 | -5% | reduced |
| 30 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 0.1% | $163.7k | 11,600 | -13% | reduced |
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.