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
+4.8%
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
$2.63B
AUM Growth
+$104M
Cap. Flow
-$16.5M
Cap. Flow %
-0.63%
Top 10 Hldgs %
37.7%
Holding
117
New
15
Increased
33
Reduced
29
Closed
15

Top Buys

Rank Stock Value
1
TVTY
Tivity Health, Inc. Common Stock
TVTY
+$52M
2
CVS icon
CVS Health
CVS
+$40.9M
3
BABA icon
Alibaba
BABA
+$39.1M
4
ADT icon
ADT
ADT
+$30.9M
5
EB
Eventbrite
EB
+$30.8M

Top Sells

Rank Stock Value
1
LUMN icon
Lumen
LUMN
+$42.2M
2
AGN
Allergan plc
AGN
+$40.8M
3
CELG
Celgene Corp
CELG
+$39.9M
4
AVP
Avon Products, Inc.
AVP
+$26.7M
5
EIGI
Endurance International Group Holdings, Inc.
EIGI
+$25.6M

Sector Composition

Rank Sector Weight
1 Healthcare 21.76%
2 Financials 19.36%
3 Consumer Discretionary 18.02%
4 Industrials 11.94%
5 Communication Services 10.05%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ASNA
101
DELISTED
Ascena Retail Group, Inc.
ASNA
$30K ﹤0.01%
2,425
+444
+22% +$9.42K
OBE
102
Obsidian Energy
OBE
$797M
$27K ﹤0.01%
22,503
-3
-0% -$5
AHT
103
Ashford Hospitality Trust
AHT
$21.5M
– –
-491
Closed -$2.3M
CCS icon
104
Century Communities
CCS
$1.98B
– –
-17,000
Closed -$407K
CODI icon
105
Compass Diversified
CODI
$879M
– –
-140,000
Closed -$2.2M
CVNA icon
106
Carvana
CVNA
$76.9B
– –
-20,000
Closed -$232K
KKR icon
107
KKR & Co
KKR
$97.4B
– –
-40,000
Closed -$940K
LVS icon
108
Las Vegas Sands
LVS
$30.5B
– –
-6,000
Closed -$366K
RITM icon
109
Rithm Capital
RITM
$5.69B
– –
-353,750
Closed -$5.98M
STWD icon
110
Starwood Property Trust
STWD
$6.06B
– –
-145,200
Closed -$3.25M
WFC icon
111
Wells Fargo
WFC
$254B
– –
-5,933
Closed -$287K
WMC
112
DELISTED
Western Asset Mortgage Capital Corporation
WMC
– –
-14,290
Closed -$1.46M
JMP
113
DELISTED
JMP Group LLC
JMP
– –
-300,000
Closed -$1.13M
EIGI
114
DELISTED
Endurance International Group Holdings, Inc.
EIGI
– –
-3,525,525
Closed -$25.6M
AGN
115
DELISTED
Allergan plc
AGN
– –
-278,655
Closed -$40.8M
GTYHW
116
DELISTED
GTY Technology Holdings, Inc. Warrants
GTYHW
– –
-617,874
Closed -$373K
CELG
117
DELISTED
Celgene Corp
CELG
– –
-423,255
Closed -$39.9M
1 2 3 4
5

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 Q2 2019 Portfolio in Review

As of Q2 2019, Bill Miller held 117 positions worth $2.63B, up 4.1% from $2.52B the previous quarter. Its ten largest holdings account for 38% of the portfolio.

Bill Miller's Q2 2019 filing shows 15 new, 33 increased, 29 reduced and 15 closed positions. Its largest new stake was Tivity Health, Inc. Common Stock: 2,693,150 shares worth $44.3M. The largest sale was Lumen, an estimated $42.2M.

By sector, the portfolio is most concentrated in Healthcare at 22% of assets, down from 24% a quarter earlier, followed by Financials and Consumer Discretionary.

  • Bill Miller's largest Q2 2019 buy was Tivity Health, Inc. Common Stock: 2,693,150 shares worth $44.3M.
  • Bill Miller added most to Alibaba in Q2 2019, an estimated $39.1M increase.
  • Bill Miller's biggest Q2 2019 reduction was Lumen, cutting an estimated $42.2M.
  • Bill Miller fully exited Allergan plc in Q2 2019, selling an estimated $40.8M.
  • Bill Miller's ten largest holdings make up 38% of its $2.63B portfolio in Q2 2019.
  • Bill Miller opened 15 new positions and closed 15 in Q2 2019.
  • Bill Miller's portfolio value rose 4.1% quarter-over-quarter to $2.63B.

Based on Miller Value Partners's 13F filing for Q2 2019, filed 14 Aug 2019.