Bill Miller - Miller Value Partners 13F Activity & Position Changes (Q1 2017)

According to the SEC 13F filed on Aug 14, 2026, the Miller Value Partners portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2017. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2017, the filing reported:

New Buys - AllianceBernstein Holding L.P., Chegg, Inc., RH, ProShares UltraShort Lehman 20 , Uniti Group Inc., and 1 more

Increases - Amazon.com, Inc., D/B/A Compass Diversified Holdi, Genworth Financial Inc, OneMain Holdings, Inc., Rithm Capital Corp.

Reductions - American Airlines Group, Inc., Bank of America Corporation, Citigroup, Inc., Delta Air Lines, Inc., Gilead Sciences, Inc., and 5 more

Complete Exits - Radian Group Inc., Taylor Morrison Home Corporatio, Tri Pointe Homes, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2017	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Sell	-157,000	-8.2%	$74.47K	1,760,525
Q1 2017	AB AllianceBernstein Holding L.P.	AllianceBernstein Holding L.P.	Buy - Position Entry	+50,000	-	$1.14K	50,000
Q1 2017	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+13,395	+12.2%	$109.14K	123,107
Q1 2017	BAC Bank of America Corporation	Bank of America Corporation	Sell	-860,600	-24.4%	$62.81K	2,662,775
Q1 2017	C Citigroup, Inc.	Citigroup, Inc.	Sell	-141,900	-15.6%	$46.07K	770,200
Q1 2017	CHGG Chegg, Inc.	Chegg, Inc.	Buy - Position Entry	+550,000	-	$4.64K	550,000
Q1 2017	CODI D/B/A Compass Diversified Holdi	D/B/A Compass Diversified Holdi	Buy	+50,000	+55.6%	$2.32K	140,000
Q1 2017	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell	-124,700	-6.7%	$79.59K	1,731,825
Q1 2017	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Sell	-88,800	-19.1%	$25.62K	377,250
Q1 2017	GME GameStop Corporation	GameStop Corporation	Sell	-348,500	-21.7%	$28.37K	1,258,075
Q1 2017	GNW Genworth Financial Inc	Genworth Financial Inc	Buy	+2,671,975	+17.0%	$75.67K	18,367,575
Q1 2017	LEN Lennar Corporation	Lennar Corporation	Sell	-35,075	-2.2%	$80.55K	1,573,625
Q1 2017	MTG MGIC Investment Corporation	MGIC Investment Corporation	Sell	-806,425	-10.4%	$70.09K	6,918,800
Q1 2017	OMF OneMain Holdings, Inc.	OneMain Holdings, Inc.	Buy	+352,050	+10.5%	$91.87K	3,696,900
Q1 2017	PHM PulteGroup, Inc.	PulteGroup, Inc.	Sell	-600,975	-17.3%	$67.58K	2,869,775
Q1 2017	RDN Radian Group Inc.	Radian Group Inc.	Sell - Position Exit	-1,547,475	-100.0%	$0.00	-
Q1 2017	RH RH	RH	Buy - Position Entry	+2,634,400	-	$121.87K	2,634,400
Q1 2017	RITM Rithm Capital Corp.	Rithm Capital Corp.	Buy	+25,000	+9.8%	$4.77K	280,750
Q1 2017	TBT ProShares UltraShort Lehman 20	ProShares UltraShort Lehman 20	Buy - Position Entry	+175,000	-	$5.79K	175,000
Q1 2017	TMHC Taylor Morrison Home Corporatio	Taylor Morrison Home Corporatio	Sell - Position Exit	-2,191,325	-100.0%	$0.00	-
Q1 2017	TPH Tri Pointe Homes, Inc.	Tri Pointe Homes, Inc.	Sell - Position Exit	-1,990,050	-100.0%	$0.00	-
Q1 2017	UAL United Airlines Holdings, Inc.	United Airlines Holdings, Inc.	Sell	-143,020	-11.4%	$78.67K	1,113,680
Q1 2017	UNIT Uniti Group Inc.	Uniti Group Inc.	Buy - Position Entry	+33,940	-	$877.00	33,940
Q1 2017	W Wayfair Inc.	Wayfair Inc.	Buy - Position Entry	+1,318,200	-	$53.37K	1,318,200