We are live on ! Find out more
BM

Bill Miller Miller Value Partners

AUM $423M
1-Year Est. Return 49.14%
 

Bill Miller is a legendary value-oriented investor best known for a long streak of beating the S&P 500 while managing Legg Mason Value Trust, and later for Miller Value Partners. His process has always been flexible, incorporating both traditional value and growth-at-a-reasonable-price ideas when fundamentals support them. Miller remains a closely followed voice for contrarian equity ideas.

This Fund
S&P 500
This Quarter Est. Return
-8.36%
1 Year Est. Return
+49.14%
3 Year Est. Return
+132.73%
5 Year Est. Return
+100.12%
10 Year Est. Return
+859.21%
AUM
$3.48B
AUM Growth
+$594M
Cap. Flow
+$333M
Cap. Flow %
9.56%
Top 10 Hldgs %
51.54%
Holding
92
New
2
Increased
30
Reduced
11
Closed
9

Top Buys

Rank Stock Value
1
ANGI icon
Angi Inc
ANGI
+$15.8M
2
GRPN icon
Groupon
GRPN
+$13.5M
3
BABA icon
Alibaba
BABA
+$11M
4
TPH
Tri Pointe Homes
TPH
+$10.5M
5
GNW icon
Genworth Financial
GNW
+$9.86M

Top Sells

Rank Stock Value
1
ZU
ZULILY INC CLASS A COMMON STOCK
ZU
+$32M
2
EBAY icon
eBay
EBAY
+$19.9M
3
CI icon
Cigna
CI
+$17.3M
4
STX icon
Seagate
STX
+$13M
5
CHK
Chesapeake Energy Corporation
CHK
+$10.7M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 20.3%
2 Financials 11.91%
3 Industrials 8.46%
4 Communication Services 8.03%
5 Technology 7.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
STWD icon
51
Starwood Property Trust
STWD
$6.06B
$2.98M 0.09%
145,200
– –
OCSL icon
52
Oaktree Specialty Lending
OCSL
$1.14B
$2.96M 0.09%
160,000
– –
BBDC icon
53
Barings BDC
BBDC
$978M
$2.82M 0.08%
171,213
– –
NRF
54
DELISTED
NorthStar Realty Finance Corp.
NRF
$2.8M 0.08%
113,450
+15,000
+15% +$446K
FIG
55
DELISTED
Fortress Investment Group Llc
FIG
$2.77M 0.08%
500,000
+48,600
+11% +$307K
FTRPR
56
DELISTED
Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
$2.61M 0.08%
28,000
– –
FTAI icon
57
FTAI Aviation
FTAI
$21.5B
$2.57M 0.07%
234,200
– –
RESI
58
DELISTED
Front Yard Residential Corporation Common Stock
RESI
$2.51M 0.07%
180,000
– –
CIM
59
Chimera Investment
CIM
$964M
$2.41M 0.07%
60,000
+23,267
+63% +$980K
AGNC icon
60
AGNC Investment
AGNC
$12.9B
$2.34M 0.07%
125,000
+43,300
+53% +$831K
APO icon
61
Apollo Global Management
APO
$78.4B
$2.32M 0.07%
135,000
+15,000
+13% +$299K
RITM icon
62
Rithm Capital
RITM
$5.69B
$2.28M 0.07%
173,750
+30,000
+21% +$443K
PMT
63
PennyMac Mortgage Investment
PMT
$815M
$2.17M 0.06%
140,000
– –
KKR icon
64
KKR & Co
KKR
$97.4B
$2.01M 0.06%
120,000
+21,500
+22% +$457K
JMP
65
DELISTED
JMP Group LLC
JMP
$1.86M 0.05%
+300,000
New +$2.12M
BGC icon
66
BGC Group
BGC
$5.63B
$1.86M 0.05%
352,052
+46,650
+15% +$271K
CYS
67
DELISTED
CYS Investments Inc.
CYS
$1.81M 0.05%
250,000
+125,300
+100% +$969K
AY
68
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
$1.74M 0.05%
105,000
– –
STON
69
DELISTED
StoneMor Inc.
STON
$1.64M 0.05%
60,000
– –
FTR
70
DELISTED
Frontier Communications Corp.
FTR
$1.54M 0.04%
21,667
– –
VR
71
DELISTED
Validus Hold Ltd
VR
$1.47M 0.04%
32,600
– –
CODI icon
72
Compass Diversified
CODI
$879M
$1.45M 0.04%
90,000
– –
HCI icon
73
HCI Group
HCI
$2.27B
$1.28M 0.04%
33,000
– –
SCU
74
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
$1.25M 0.04%
14,310
– –
MVC
75
DELISTED
MVC Capital, Inc.
MVC
$1.17M 0.03%
142,600
– –
1 2
3
4

Similar funds

WPC
White Pine Capital Bloomington, Minnesota $423M AUM 67.01% 1-Year Est. Return
ACM
Avalon Capital Management Port Of Redwood City, California $423M AUM 54.12% 1-Year Est. Return
BA
Birinyi Associates Westport, Connecticut $423M AUM 35.74% 1-Year Est. Return
WTFG
Wood Tarver Financial Group Boise, Idaho $424M AUM 24.33% 1-Year Est. Return
MWP
Meredith Wealth Planning Maryville, Illinois $424M AUM 27.01% 1-Year Est. Return
MAMA
Myriad Asset Management Advisors West Palm Beach, Florida $424M AUM
MI
M3F Inc Salt Lake City, Utah $422M AUM 42.84% 1-Year Est. Return
AFWM
AMJ Financial Wealth Management Leesburg, Virginia $424M AUM 35.78% 1-Year Est. Return

Bill Miller's Q3 2015 Portfolio in Review

As of Q3 2015, Bill Miller held 92 positions worth $3.48B, up 21% from $2.89B the previous quarter. Its ten largest holdings account for 52% of the portfolio.

Bill Miller deployed $333M of net new capital in Q3 2015, opening 2 new positions and adding to 30 existing holdings. Its largest new stake was Angi Inc: 309,678 shares worth $15.6M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 20% of assets, down from 25% a quarter earlier, followed by Financials and Industrials.

On the sell side, the largest reduction was ZULILY INC CLASS A COMMON STOCK, an estimated $32M trimmed.

  • Bill Miller's largest Q3 2015 buy was Angi Inc: 309,678 shares worth $15.6M.
  • Bill Miller added most to Groupon in Q3 2015, an estimated $13.5M increase.
  • Bill Miller's biggest Q3 2015 reduction was ZULILY INC CLASS A COMMON STOCK, cutting an estimated $32M.
  • Bill Miller fully exited eBay in Q3 2015, selling an estimated $19.9M.
  • Bill Miller's ten largest holdings make up 52% of its $3.48B portfolio in Q3 2015.
  • Bill Miller opened 2 new positions and closed 9 in Q3 2015.
  • Bill Miller's portfolio value rose 21% quarter-over-quarter to $3.48B.

Based on Miller Value Partners's 13F filing for Q3 2015, filed 16 Nov 2015.