Miller Value Partners, LLC

CIK 1135778 · View on SEC EDGAR ↗

Portfolio value
$423.1M
#4,220 of 9,443 by 13F value · top 44.7%
Positions
56
As of
June 30, 2026

Portfolio value QoQ: +10.4% 13F does not disclose cash

Top 10 holdings weight
52.83%
Top 25 holdings weight
83.42%
Positions above 1%
27
Effective number of positions
26.1

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 11.19% Est. buys $68,698,412 · sells $45,124,156

Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 81.2% still held

New positions
4
Increased
20
Decreased
22
Closed
3
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+28.8%
S&P 500 total return (same window)
+28.1%
Excess return
+0.8%

Annualized: +18.5% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.8% · Options excluded: 0.0%

Sector breakdown

Energy
16.7%
Industrials
13.7%
Consumer Discretionary
11.7%
Communication Services
11.4%
Financial Services
8.5%
Financials
5.9%
Real Estate
5.2%
Retail
4.7%
Healthcare
3.7%
Logistics & Transportation
2.9%
Consumer products
2.2%
Communications
1.9%
Telecommunication
1.7%
Consumer Staples
1.2%
Technology
1.0%
Utilities
1.0%
Materials
0.5%
Diversified Consumer Services
0.3%
Other/Unmapped
5.8%

Full portfolio 56 positions

Type Streak 8Q trend
NBR Nabors Industries Ltd. $37,423,095 8.85% 445,460 $-824,551 Up ×1
GTN Gray Media, Inc. Common Stock $28,756,258 6.80% 7,243,390 $5,450,024 Up ×3
SPUU $24,596,449 5.81% 114,078 Up ×1
BLMN Bloomin' Brands, Inc. - Common Stock $23,635,208 5.59% 2,585,909 $12,636,844 Up ×1
QUAD Quad Graphics, Inc Class A Common Stock $21,397,861 5.06% 2,538,299 $3,874,493 Down ×2
LNC Lincoln National Corporation Common Stock $21,321,706 5.04% 603,160 $1,062,211 Up ×2
CRGY Crescent Energy Company Class A Common Stock $20,550,108 4.86% 2,092,679 $-6,492,174 Up ×1
CNDT Conduent Incorporated - Common Stock $18,959,706 4.48% 12,986,100 $6,129,076 Up ×6
BFH Bread Financial Holdings, Inc. Common Stock $14,388,663 3.40% 132,798 $-117,305 Down ×4
UPS United Parcel Service, Inc. Common Stock $12,470,322 2.95% 116,003 $752,477 Down ×1
DCH Dauch Corporation Common Stock $12,368,928 2.92% 2,282,090 $4,091,211 Up ×1
TDAY USA TODAY Co., Inc. Common Stock $11,979,234 2.83% 1,401,080 $-1,904,190 Down ×2
VTRS Viatris Inc. - Common Stock $11,642,644 2.75% 733,164 $1,757,701 Up ×2
CTO CTO Realty Growth, Inc. Common Stock $11,613,249 2.74% 539,900 $1,331,829 Down ×1
JELD JELD-WEN Holding, Inc. Common Stock $10,708,642 2.53% 7,139,095 $2,499,985 Up ×5
FOSL Fossil Group, Inc. - Common Stock $8,873,862 2.10% 2,143,445 $-1,578,685 Down ×4
COTY Coty Inc. Class A Common Stock $8,462,243 2.00% 3,917,705 Up ×1
JXN Jackson Financial Inc. Class A Common Stock $8,205,739 1.94% 80,142 $-323,751 Down ×4
ITRN Ituran Location and Control Ltd. - Ordinary Shares $8,157,037 1.93% 133,700 $-1,836,102 Down ×2
CHRD Chord Energy Corporation - Common Stock $7,897,673 1.87% 69,096 $-1,959,666 Down ×1
VZ Verizon Communications Inc. Common Stock $7,113,120 1.68% 168,000 $-1,320,480
MRP Millrose Properties, Inc. Class A Common Stock $6,890,465 1.63% 229,300 $1,828,065 Up ×2
UPBD Upbound Group, Inc. - Common Stock $5,474,760 1.29% 258,000 $3,308,760 Up ×3
OMF OneMain Holdings, Inc. Common Stock $5,056,913 1.20% 82,941 $620,399
CALM Cal-Maine Foods, Inc. - Common Stock $4,994,720 1.18% 62,000 $87,420
ARLP Alliance Resource Partners, L.P. - Common Units Representing Limited Partnership Interests $4,483,804 1.06% 186,981 $-638,524 Up ×3
MSTR Strategy Inc - Class A Common Stock $4,364,147 1.03% 50,203 $-2,132,691 Down ×1
UGI UGI Corporation Common Stock $4,179,340 0.99% 121,000 $-227,480
BBW Build-A-Bear Workshop, Inc. Common Stock $4,088,486 0.97% 133,567 $203,648 Up ×2
BMY Bristol-Myers Squibb Company Common Stock $4,004,590 0.95% 69,500 $-210,585
META Meta Platforms, Inc. - Class A Common Stock $3,611,815 0.85% 6,412 Up ×1
CROX Crocs, Inc. - Common Stock $3,481,188 0.82% 28,856 $280,933 Down ×1
WAL Western Alliance Bancorporation Common Stock (DE) $3,432,261 0.81% 41,755 $-482,343 Down ×2
ABR Arbor Realty Trust Common Stock $3,311,620 0.78% 611,000 $-1,345,220 Up ×1
CTRN Citi Trends, Inc. - Common Stock $3,134,928 0.74% 54,200 $805,915 Up ×1
MELI MercadoLibre, Inc. - Common Stock $2,905,932 0.69% 1,712 $-923,847 Down ×1
BCC Boise Cascade, L.L.C. Common Stock $2,872,310 0.68% 37,000 $65,860
FIGR Figure Technology Solutions, Inc. - Class A Common Stock $2,753,704 0.65% 89,668 $-336,052 Down ×1
ZD Ziff Davis, Inc. - Common Stock $2,650,027 0.63% 50,602 $-205,687 Down ×1
CART Maplebear Inc. - Common Stock $2,161,291 0.51% 45,645 $454,726 Up ×1
REZI Resideo Technologies, Inc. Common Stock $2,143,754 0.51% 68,931 $-207,923 Down ×1
AMP Ameriprise Financial, Inc. Common Stock $2,031,389 0.48% 4,428 Up ×1
LYB LyondellBasell Industries NV Ordinary Shares Class A (Netherlands) $2,000,700 0.47% 38,000 $-1,060,580
BLDR Builders FirstSource, Inc. Common Stock $1,710,410 0.40% 19,115 $154,949 Up ×1
CG The Carlyle Group Inc. - Common Stock $1,684,400 0.40% 40,000 $-251,200
FOUR Shift4 Payments, Inc. Class A Common Stock $1,457,498 0.34% 29,965 $144,067 Down ×1
PRDO Perdoceo Education Corporation - Common Stock $1,289,216 0.30% 40,288 $-213,882 Down ×1
ABNB Airbnb, Inc. - Class A Common Stock $1,276,595 0.30% 8,921 $-760,807 Down ×1
PINS Pinterest, Inc. Class A Common Stock $1,216,796 0.29% 57,860 $116,579 Down ×1
CPNG Coupang, Inc. Class A Common Stock $1,113,834 0.26% 64,124 $-66,695 Up ×1
SN SharkNinja, Inc. Ordinary Shares $903,266 0.21% 5,932 $291,694 Up ×1
LAD Lithia Motors, Inc. Common Stock $787,809 0.19% 2,712 $125,052 Up ×1
VRM Vroom, Inc. - Common Stock $450,358 0.11% 58,488 $-328,117
UNFI United Natural Foods, Inc. Common Stock $214,877 0.05% 4,705 $-21,688 Down ×6
FTI TechnipFMC plc Ordinary Share $210,171 0.05% 3,170 $-8,971
TPC Tutor Perini Corporation Common Stock $204,936 0.05% 2,470 $-10,810 Down ×2

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
GTN $28,756,258 6.80% up ×3
CNDT $18,959,706 4.48% up ×6
JELD $10,708,642 2.53% up ×5
UPBD $5,474,760 1.29% up ×3
ARLP $4,483,804 1.06% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
SPUU $24,596,449 114,078 5.81%
COTY $8,462,243 3,917,705 2.00%
META $3,611,815 6,412 0.85%
AMP $2,031,389 4,428 0.48%

Top movers (QoQ)

Security Action Shares Δ Value Δ
BLMN Bought more +549K +$12.6M
CRGY Bought more +90K -$6.5M
CNDT Bought more +3.0M +$6.1M
GTN Bought more +1.9M +$5.5M
DCH Bought more +886K +$4.1M
QUAD Trimmed -113K +$3.9M
UPBD Bought more +138K +$3.3M
JELD Bought more +519K +$2.5M
MSTR Trimmed -2K -$2.1M
CHRD Trimmed -234 -$2.0M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
SPY June 30, 2026 30,044 $19,538,815 No longer tracked
STLA March 31, 2026 429,000 $4,671,810 -24.5%
BKE Dec. 31, 2025 72,000 $4,223,520 -19.2%
DEAXXXX June 30, 2025 367,000 $3,890,200 No longer tracked
T June 30, 2025 116,000 $3,280,480 -12.5%
DEA Sept. 30, 2025 146,800 $3,258,960 8.3%
ATKR March 31, 2025 37,000 $3,087,650 56.0%
SMLR Dec. 31, 2025 53,000 $1,590,000 No longer tracked
MBC June 30, 2026 104,854 $871,337 -10.0%
PTLO June 30, 2026 129,323 $684,119 4.6%
TTE Dec. 31, 2025 7,650 $456,628 39.3%
TEVA March 31, 2025 10,950 $241,338 143.5%
PBI March 31, 2025 24,259 $175,635 78.8%