We are live on
!
Find out more
MHI
Miller Howard Investments Portfolio holdings
AUM
$3.66B
1-Year Est. Return
20.05%
This Fund
S&P 500
This Quarter
Est. Return
+1.19%
1 Year Est. Return
+20.05%
3 Year Est. Return
+70.64%
5 Year Est. Return
+104.45%
10 Year Est. Return
+237.53%
AUM
$5.22B
AUM Growth
-$230M
(-4.2%)
Cap. Flow
-$224M
Cap. Flow
% of AUM
-4.3%
Top 10 Holdings %
Top 10 Hldgs %
28.91%
Holding
201
New
19
Increased
33
Reduced
123
Closed
18
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Truist Financial
TFC
|
+$67.8M |
| 2 |
Crown Castle
CCI
|
+$63.8M |
| 3 |
Cracker Barrel
CBRL
|
+$62.7M |
| 4 |
Energy Transfer Partners
ET
|
+$32.6M |
| 5 |
DFT
DuPont Fabros Technology Inc.
DFT
|
+$28.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$52.3M |
| 2 |
Procter & Gamble
PG
|
+$48.3M |
| 3 |
Enterprise Products Partners
EPD
|
+$42.6M |
| 4 |
SEP
Spectra Engy Parters Lp
SEP
|
+$28.8M |
| 5 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$27M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 34.86% |
| 2 | Healthcare | 11.29% |
| 3 | Technology | 8.99% |
| 4 | Real Estate | 8.3% |
| 5 | Industrials | 6.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Enterprise Products Partners
EPD
$83.8B
| $302M | 5.78% |
11,163,123
-1,633,441
| -13% | -$42.6M |
|
|
ETP
2
DELISTED
Energy Transfer Partners L.p.
ETP
| $196M | 3.75% |
5,461,144
-756,798
| -12% | -$27M |
|
|
MMP
3
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $185M | 3.54% |
2,444,726
-350,767
| -13% | -$24.6M |
|
4
MPLX
MPLX
$59.5B
| $166M | 3.19% |
4,807,735
-758,927
| -14% | -$24.6M |
|
5
Cisco
CSCO
$450B
| $115M | 2.2% |
3,798,005
-164,409
| -4% | -$5.01M |
|
6
Qualcomm
QCOM
$176B
| $114M | 2.18% |
1,745,342
-266,583
| -13% | -$17.9M |
|
|
SE
7
DELISTED
Spectra Energy Corp Wi
SE
| $111M | 2.13% |
2,708,139
-170,698
| -6% | -$7.07M |
|
8
AbbVie
ABBV
$458B
| $108M | 2.07% |
1,721,324
-88,398
| -5% | -$5.4M |
|
9
Johnson & Johnson
JNJ
$635B
| $107M | 2.05% |
928,530
-41,594
| -4% | -$4.8M |
|
10
AT&T
T
$165B
| $105M | 2.01% |
3,264,874
-176,664
| -5% | -$5.21M |
|
11
Merck
MRK
$324B
| $101M | 1.93% |
1,790,379
-83,403
| -4% | -$4.88M |
|
12
GE Aerospace
GE
$367B
| $98.8M | 1.89% |
652,643
-69,334
| -10% | -$10.1M |
|
13
Genesis Energy
GEL
$1.84B
| $93.6M | 1.79% |
2,599,198
-651,328
| -20% | -$22.7M |
|
14
Pfizer
PFE
$140B
| $91.2M | 1.75% |
2,960,096
-143,769
| -5% | -$4.39M |
|
15
Weyerhaeuser
WY
$17.3B
| $89.6M | 1.72% |
2,978,485
-210,686
| -7% | -$6.49M |
|
16
Digital Realty Trust
DLR
$73.7B
| $86.7M | 1.66% |
882,649
-44,510
| -5% | -$4.14M |
|
17
Microchip Technology
MCHP
$42.8B
| $86.7M | 1.66% |
2,703,880
-121,012
| -4% | -$3.81M |
|
18
Western Digital
WDC
$179B
| $86.1M | 1.65% |
1,675,550
-67,080
| -4% | -$3.09M |
|
19
LyondellBasell Industries
LYB
$19.5B
| $79.4M | 1.52% |
925,936
-46,579
| -5% | -$3.91M |
|
|
EQM
20
DELISTED
EQM Midstream Partners, LP
EQM
| $79.3M | 1.52% |
1,033,895
-152,889
| -13% | -$11.3M |
|
21
GSK
GSK
$103B
| $78.9M | 1.51% |
1,638,704
-196,147
| -11% | -$9.69M |
|
22
Plains All American Pipeline
PAA
$17.4B
| $78.5M | 1.51% |
2,432,516
-356,758
| -13% | -$11.3M |
|
23
Vodafone
VOD
$34.9B
| $77.5M | 1.49% |
3,171,657
-469,539
| -13% | -$12.4M |
|
24
Oneok
OKE
$58.7B
| $75.7M | 1.45% |
1,318,766
+2,173
| +0.2% | +$114K |
|
|
25
Truist Financial
TFC
$63.2B
| $75M | 1.44% |
+1,594,903
| New | +$67.8M |
|
Similar funds
AA
GCM
OCM
MTIM
APP
HIM
SLG
TGA
Miller Howard Investments's Q4 2016 Portfolio in Review
As of Q4 2016, Miller Howard Investments held 201 positions worth $5.22B, down 4.2% from $5.45B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Miller Howard Investments withdrew a net $224M in Q4 2016, closing 18 positions and reducing 123 holdings. Its most notable exit was Wells Fargo, an estimated $52.3M position sold in full.
By sector, the portfolio is most concentrated in Energy at 35% of assets, down from 36% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Miller Howard Investments opened a new position in Truist Financial worth $75M.
- Miller Howard Investments's largest Q4 2016 buy was Truist Financial: 1,594,903 shares worth $75M.
- Miller Howard Investments added most to Crown Castle in Q4 2016, an estimated $63.8M increase.
- Miller Howard Investments's biggest Q4 2016 reduction was Procter & Gamble, cutting an estimated $48.3M.
- Miller Howard Investments fully exited Wells Fargo in Q4 2016, selling an estimated $52.3M.
- Miller Howard Investments's ten largest holdings make up 29% of its $5.22B portfolio in Q4 2016.
- Miller Howard Investments opened 19 new positions and closed 18 in Q4 2016.
- Miller Howard Investments's portfolio value fell 4.2% quarter-over-quarter to $5.22B.
Based on Miller Howard Investments's 13F filing for Q4 2016, filed 6 Feb 2017.