Bill Miller - Miller Value Partners 13F Activity & Position Changes (Q1 2020)
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, 2020. 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 2020, the filing reported:
New Buys - Boeing Company (The), The Carlyle Group Inc., Canada Goose Holdings Inc. Subo, Precigen, Inc., The RealReal, Inc., and 1 more
Increases - Antero Resources Corporation, Alibaba Group Holding Limited, Bank of America Corporation, Chemours Company (The), Cleveland-Cliffs Inc., and 10 more
Reductions - ADT Inc., Amazon.com, Inc., Abercrombie & Fitch Company, Bausch Health Companies Inc., Brighthouse Financial, Inc., and 16 more
Complete Exits - American Airlines Group, Inc., Chegg, Inc., CVS Health Corporation, Community Health Systems, Inc., Eventbrite, Inc., and 5 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q1 2020
|
AAL
American Airlines Group, Inc.
|
Sell - Position Exit |
-2,702,650
|
|
Q1 2020
|
ADT
ADT Inc.
|
Sell |
-1,050,866
|
|
Q1 2020
|
AMZN
Amazon.com, Inc.
|
Sell |
-13,483
|
|
Q1 2020
|
ANF
Abercrombie & Fitch Company
|
Sell |
-4,200
|
|
Q1 2020
|
AR
Antero Resources Corporation
|
Buy |
+41,820
|
|
Q1 2020
|
BA
Boeing Company (The)
|
Buy - Position Entry |
+214,325
|
|
Q1 2020
|
BABA
Alibaba Group Holding Limited
|
Buy |
+13,380
|
|
Q1 2020
|
BAC
Bank of America Corporation
|
Buy |
+48,631
|
|
Q1 2020
|
BHC
Bausch Health Companies Inc.
|
Sell |
-1,036,559
|
|
Q1 2020
|
BHF
Brighthouse Financial, Inc.
|
Sell |
-395,135
|
|
Q1 2020
|
C
Citigroup, Inc.
|
Sell |
-7,866
|
|
Q1 2020
|
CC
Chemours Company (The)
|
Buy |
+2,467,270
|
|
Q1 2020
|
CG
The Carlyle Group Inc.
|
Buy - Position Entry |
+384,900
|
|
Q1 2020
|
CHGG
Chegg, Inc.
|
Sell - Position Exit |
-425,000
|
|
Q1 2020
|
CLF
Cleveland-Cliffs Inc.
|
Buy |
+19,840
|
|
Q1 2020
|
CNX
CNX Resources Corporation
|
Buy |
+11,580
|
|
Q1 2020
|
CVS
CVS Health Corporation
|
Sell - Position Exit |
-759,225
|
|
Q1 2020
|
CYH
Community Health Systems, Inc.
|
Sell - Position Exit |
-33,960
|
|
Q1 2020
|
DAL
Delta Air Lines, Inc.
|
Buy |
+273,450
|
|
Q1 2020
|
DXC
DXC Technology Company
|
Buy |
+2,387,280
|
|
Q1 2020
|
EB
Eventbrite, Inc.
|
Sell - Position Exit |
-2,175,700
|
|
Q1 2020
|
ET
Energy Transfer LP
|
Buy |
+4,631,564
|
|
Q1 2020
|
GCI
Gannett Co., Inc.
|
Buy |
+2,716,761
|
|
Q1 2020
|
GME
GameStop Corporation
|
Buy |
+92,700
|
|
Q1 2020
|
GNW
Genworth Financial Inc
|
Sell |
-4,378,278
|
|
Q1 2020
|
GOOGL
Alphabet Inc.
|
Buy |
+49,209
|
|
Q1 2020
|
GOOS
Canada Goose Holdings Inc. Subo
|
Buy - Position Entry |
+904,980
|
|
Q1 2020
|
HALO
Halozyme Therapeutics, Inc.
|
Sell - Position Exit |
-20,000
|
|
Q1 2020
|
JPM
JP Morgan Chase & Co.
|
Sell |
-141,200
|
|
Q1 2020
|
LEN
Lennar Corporation
|
Sell |
-216,560
|
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