We are live on
!
Find out more
MVP
Miller Value Partners Portfolio holdings
AUM
$383M
1-Year Est. Return
38.57%
This Fund
S&P 500
This Quarter
Est. Return
+12.87%
1 Year Est. Return
+38.57%
3 Year Est. Return
+125.13%
5 Year Est. Return
+96.57%
10 Year Est. Return
+721.33%
AUM
$2.2B
AUM Growth
+$545M
(+33%)
Cap. Flow
+$242M
Cap. Flow
% of AUM
10.96%
Top 10 Holdings %
Top 10 Hldgs %
31.48%
Holding
112
New
14
Increased
42
Reduced
15
Closed
7
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Airlines Group
AAL
|
+$63.6M |
| 2 |
eBay
EBAY
|
+$55.8M |
| 3 |
DS
Drive Shack Inc.
DS
|
+$51.4M |
| 4 |
NRF
NorthStar Realty Finance Corp.
NRF
|
+$46.5M |
| 5 |
OCIP
OCI Partners LP
OCIP
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LCC
US AIRWAYS GROUP INC.
LCC
|
+$47.2M |
| 2 |
Netflix
NFLX
|
+$9.36M |
| 3 |
MidCap Financial Investment
MFIC
|
+$3.13M |
| 4 |
Groupon
GRPN
|
+$2.94M |
| 5 |
Rithm Capital
RITM
|
+$2.11M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.89% |
| 2 | Consumer Discretionary | 22.11% |
| 3 | Industrials | 10.49% |
| 4 | Technology | 10.06% |
| 5 | Communication Services | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Genworth Financial
GNW
$3.81B
| $89.5M | 4.06% |
5,760,775
-13,200
| -0.2% | -$191K |
|
2
MGIC Investment
MTG
$6.25B
| $74.4M | 3.38% |
8,819,550
-11,875
| -0.1% | -$94.8K |
|
3
Delta Air Lines
DAL
$58.3B
| $74.3M | 3.37% |
2,704,600
-12,675
| -0.5% | -$341K |
|
|
NRF
4
DELISTED
NorthStar Realty Finance Corp.
NRF
| $72.3M | 3.28% |
2,736,073
+2,303,758
| +533% | +$46.5M |
|
|
DS
5
DELISTED
Drive Shack Inc.
DS
| $66M | 2.99% |
12,707,021
+10,224,512
| +412% | +$51.4M |
|
|
6
Netflix
NFLX
$305B
| $65M | 2.95% |
12,355,000
-1,907,500
| -13% | -$9.36M |
|
7
United Airlines
UAL
$40.1B
| $64.5M | 2.93% |
1,705,475
+63,900
| +4% | +$2.24M |
|
8
Pultegroup
PHM
$24.5B
| $63.5M | 2.88% |
3,117,675
+117,025
| +4% | +$2.07M |
|
|
9
American Airlines Group
AAL
$10.2B
| $62.4M | 2.83% |
+2,469,925
| New | +$63.6M |
|
10
Bank of America
BAC
$433B
| $62.3M | 2.82% |
3,999,325
+36,450
| +0.9% | +$541K |
|
|
11
Groupon
GRPN
$1.06B
| $61.7M | 2.8% |
262,295
-14,250
| -5% | -$2.94M |
|
12
Seagate
STX
$193B
| $60.4M | 2.74% |
1,074,950
+39,750
| +4% | +$1.97M |
|
|
13
eBay
EBAY
$50.4B
| $58.2M | 2.64% |
+2,518,798
| New | +$55.8M |
|
14
CALL
Apple
AAPL
$4.9T
| $53.9M | 2.44% |
16,318,400
-4,807,600
| -23% | -$90.8M |
|
15
Hartford Financial Services
HIG
$39.2B
| $53.3M | 2.42% |
1,470,700
+55,450
| +4% | +$1.91M |
|
|
P
16
DELISTED
Pandora Media Inc
P
| $53.2M | 2.41% |
2,000,350
+75,750
| +4% | +$2.08M |
|
17
Assured Guaranty
AGO
$3.73B
| $48.6M | 2.2% |
2,059,575
+78,150
| +4% | +$1.7M |
|
|
JPM.WS
18
DELISTED
JPMorgan Chase
JPM.WS
| $47.7M | 2.16% |
2,460,850
+93,375
| +4% | +$1.63M |
|
19
Citigroup
C
$222B
| $47.5M | 2.16% |
912,025
+34,525
| +4% | +$1.75M |
|
20
Amazon
AMZN
$2.53T
| $46.9M | 2.13% |
2,353,900
+88,800
| +4% | +$1.6M |
|
21
Best Buy
BBY
$18.5B
| $46.9M | 2.13% |
1,176,850
+44,825
| +4% | +$1.84M |
|
|
22
Apple
AAPL
$4.9T
| $44M | 1.99% |
2,193,520
+104,160
| +5% | +$1.97M |
|
23
Lennar Class A
LEN
$20.2B
| $42.9M | 1.94% |
1,137,968
+162,128
| +17% | +$5.47M |
|
24
Boyd Gaming
BYD
$6.47B
| $42.4M | 1.92% |
3,766,725
+143,525
| +4% | +$1.7M |
|
25
Cigna
CI
$76.1B
| $41.2M | 1.87% |
470,875
+18,025
| +4% | +$1.47M |
|
Similar funds
DR
RC
DSA
DFA
PCM
RSS
T
STP
Miller Value Partners's Q4 2013 Portfolio in Review
As of Q4 2013, Miller Value Partners held 112 positions worth $2.2B, up 33% from $1.66B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Miller Value Partners deployed $242M of net new capital in Q4 2013, opening 14 new positions and adding to 42 existing holdings. Its largest new stake was American Airlines Group: 2,469,925 shares worth $62.4M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, down from 27% a quarter earlier, followed by Consumer Discretionary and Industrials.
On the sell side, the largest reduction was Netflix, an estimated $9.36M trimmed.
- Miller Value Partners's largest Q4 2013 buy was American Airlines Group: 2,469,925 shares worth $62.4M.
- Miller Value Partners added most to Drive Shack Inc. in Q4 2013, an estimated $51.4M increase.
- Miller Value Partners's biggest Q4 2013 reduction was Netflix, cutting an estimated $9.36M.
- Miller Value Partners fully exited US AIRWAYS GROUP INC. in Q4 2013, selling an estimated $47.2M.
- Miller Value Partners's ten largest holdings make up 31% of its $2.2B portfolio in Q4 2013.
- Miller Value Partners opened 14 new positions and closed 7 in Q4 2013.
- Miller Value Partners's portfolio value rose 33% quarter-over-quarter to $2.2B.
Based on Miller Value Partners's 13F filing for Q4 2013, filed 14 Feb 2014.