Miller Value Partners’s Universal Display OLED Stock Holding History

Miller Value Partners’s Portfolio OLED Stock Details OLED Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-847,375	Closed	-$27.7M	–	113
2014 Q3	$27.7M	Buy	847,375 +22,300	+3%	+$736K	1.11%	41
2014 Q2	$26.5M	Sell	825,075 -11,600	-1%	-$324K	1.02%	40
2014 Q1	$26.7M	Sell	836,675 -325	-0%	-$10.8K	1.07%	43
2013 Q4	$28.8M	Buy	837,000 +33,125	+4%	+$1.1M	1.3%	33
2013 Q3	$25.7M	Buy	803,875 +27,575	+4%	+$881K	1.55%	31
2013 Q2	$21.8M	Buy	+776,300	New	+$23M	1.5%	30

Other funds holding OLED

DCM

Discovery Capital Management South Norwalk, Connecticut $2.41B AUM 286.33% 1-Year Est. Return

WRF

Waddell & Reed Financial Overland Park, Kansas $48.6B AUM 84.78% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Primecap Management Pasadena, California $169B AUM 114.72% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

ING Group Amsterdam, Netherlands $20.5B AUM 49.71% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Miller Value Partners's OLED Position: Q4 2014 in Review

Miller Value Partners sold out of Universal Display (OLED) in Q4 2014, closing a stake of 847,375 shares — an estimated $27.7M sold.

Miller Value Partners first reported a position in OLED in Q2 2013 and held it in 6 quarters. The position peaked at $28.8M in Q4 2013. 134 funds tracked by Wall St. Rank hold OLED as of Q4 2014.

Miller Value Partners reported no remaining Universal Display position as of Q4 2014 after selling out during the quarter.
Miller Value Partners sold 847,375 Universal Display shares in Q4 2014, an estimated $27.7M.
Miller Value Partners first reported a position in Universal Display in Q2 2013 and held it in 6 quarters.
Miller Value Partners's Universal Display position peaked at $28.8M in Q4 2013.
134 funds tracked by Wall St. Rank held Universal Display as of Q4 2014.

Based on Miller Value Partners's 13F filing for Q4 2014, filed 17 Feb 2015.