MVP

Miller Value Partners Portfolio holdings

AUM $423M Turnover 11.86%
1-Year Est. Return 49.14%
This Fund
S&P 500
This Quarter Est. Return
-22.08%
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
$2.2B
AUM Growth
-$893M
Cap. Flow
-$115M
Cap. Flow %
-5.22%
Top 10 Hldgs %
38.66%
Holding
116
New
6
Increased
36
Reduced
33
Closed
14
Avg Time Held Equity + Options
2.2 years
Top 10 Avg Time Held Equity + Options
1 year
Top 20 Avg Time Held Equity + Options
1.7 years
Avg Time Held Equity only
2.2 years
Top 10 Avg Time Held Equity only
1 year
Top 20 Avg Time Held Equity only
1.7 years

Top Buys

Rank Stock Value
1
MU icon
Micron Technology
MU
+$19.2M
2
TCRT icon
Alaunos Therapeutics
TCRT
+$11.7M
3
WLH
WILLIAM LYON HOMES
WLH
+$8.98M
4
NXPI icon
NXP Semiconductors
NXPI
+$8.5M
5
BHF icon
Brighthouse Financial
BHF
+$7.19M

Top Sells

Rank Stock Value
1
P icon
Pandora Media Inc
P
+$55.2M
2
AMZN icon
Amazon
AMZN
+$28.6M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$28.2M
4
UPRO icon
ProShares UltraPro S&P 500
UPRO
+$18M
5
RH icon
RH
RH
+$15.2M

Sector Composition

Rank Sector Weight
1 Healthcare 21.89%
2 Financials 20.58%
3 Consumer Discretionary 17.67%
4 Industrials 11.83%
5 Communication Services 11.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
OBE icon
101
Obsidian Energy
OBE
$780M
$66K ﹤0.01%
23,277
+5,882
+34% +$26K
2017 Q2
6 quarters
CHK icon
102
DELISTED
Chesapeake Energy Corporation
CHK
$43K ﹤0.01%
102
-44
-30% -$30.3K
2017 Q3
5 quarters
CVNA icon
103
Carvana
CVNA
$40.7B
– –
-20,000
Closed -$236K –
DB icon
104
Deutsche Bank
DB
$61.4B
– –
-19,990
Closed -$227K –
EB icon
105
DELISTED
Eventbrite
EB
– –
-96,750
Closed -$3.67M –
HHH icon
106
Howard Hughes
HHH
$4.08B
– –
-5,245
Closed -$621K –
MBI icon
107
MBIA
MBI
$219M
– –
-67,600
Closed -$723K –
NAIL icon
108
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$473M
– –
-60,000
Closed -$2.56M –
TQQQ icon
109
ProShares UltraPro QQQ
TQQQ
$36B
– –
-336,000
Closed -$2.99M –
UPRO icon
110
ProShares UltraPro S&P 500
UPRO
$5.43B
– –
-628,296
Closed -$18M –
SCU
111
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
– –
-35,000
Closed -$518K –
RRD
112
DELISTED
RR Donnelley & Sons Co.
RRD
– –
-16,680
Closed -$90K –
CBL icon
113
DELISTED
CBL& Associates Properties, Inc.
CBL
– –
-14,560
Closed -$58K –
HCR
114
DELISTED
Hi-Crush Inc. Common Stock
HCR
– –
-680,000
Closed -$7.34M –
SXCP
115
DELISTED
SunCoke Energy Partners, L.P.
SXCP
– –
-90,000
Closed -$1.37M –
ETP
116
DELISTED
Energy Transfer Partners, L.P.
ETP
– –
-208,000
Closed -$4.63M –
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

Miller Value Partners's Q4 2018 Portfolio in Review

As of Q4 2018, Miller Value Partners held 116 positions worth $2.2B, down 29% from $3.1B the previous quarter. Its ten largest holdings account for 39% of the portfolio.

Miller Value Partners withdrew a net $115M in Q4 2018, closing 14 positions and reducing 33 holdings. Its most notable exit was ProShares UltraPro S&P 500, an estimated $18M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 22% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Miller Value Partners opened a new position in Arlington Asset Investment Corp. worth $5.9M.

  • Miller Value Partners's largest Q4 2018 buy was Arlington Asset Investment Corp.: 815,000 shares worth $5.9M.
  • Miller Value Partners added most to Micron Technology in Q4 2018, an estimated $19.2M increase.
  • Miller Value Partners's biggest Q4 2018 reduction was Pandora Media Inc, cutting an estimated $55.2M.
  • Miller Value Partners fully exited ProShares UltraPro S&P 500 in Q4 2018, selling an estimated $18M.
  • Miller Value Partners's ten largest holdings make up 39% of its $2.2B portfolio in Q4 2018.
  • Miller Value Partners opened 6 new positions and closed 14 in Q4 2018.
  • Miller Value Partners's portfolio value fell 29% quarter-over-quarter to $2.2B.

Based on Miller Value Partners's 13F filing for Q4 2018, filed 14 Feb 2019.