Bill Miller - Miller Value Partners 13F Activity & Position Changes (Q1 2023)

According to the SEC 13F filed on May 15, 2023, the Miller Value Partners portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2023. 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 2023, the filing reported:

New Buys - Airbnb, Inc., MasterBrand, Inc., Match Group, Inc., Opendoor Technologies Inc, Precigen, Inc., and 7 more

Increases - Amazon.com, Inc., American Axle & Manufacturing H, Citigroup, Inc., , Conduent Incorporated, and 12 more

Reductions - ADT Inc., Alliance Resource Partners, L.P, Alibaba Group Holding Limited, Buckle, Inc. (The), Chemours Company (The), and 30 more

Complete Exits - Apollo Global Management, Inc. , Barclays PLC, Deutsche Bank, DXC Technology Company, MicroStrategy Incorporated, and 3 more

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 2023	ABNB Airbnb, Inc.	Airbnb, Inc.	Buy - Position Entry	+9,500	-	$1.18M	9,500
Q1 2023	ADT ADT Inc.	ADT Inc.	Sell	-1,299,573	-38.8%	$14.83M	2,051,454
Q1 2023	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+23,426	+3.5%	$71.78M	694,966
Q1 2023	APO Apollo Global Management, Inc.	Apollo Global Management, Inc.	Sell - Position Exit	-66,000	-100.0%	$0.00	-
Q1 2023	ARLP Alliance Resource Partners, L.P	Alliance Resource Partners, L.P	Sell	-31,000	-9.6%	$5.91M	293,000
Q1 2023	AXL American Axle & Manufacturing H	American Axle & Manufacturing H	Buy	+35,450	+10.4%	$2.93M	374,925
Q1 2023	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-31,660	-5.7%	$53.83M	526,847
Q1 2023	BCS Barclays PLC	Barclays PLC	Sell - Position Exit	-8,000	-100.0%	$0.00	-
Q1 2023	BKE Buckle, Inc. (The)	Buckle, Inc. (The)	Sell	-34,200	-14.9%	$6.96M	195,000
Q1 2023	C Citigroup, Inc.	Citigroup, Inc.	Buy	+68,614	+6.7%	$51.55M	1,099,482
Q1 2023	CC Chemours Company (The)	Chemours Company (The)	Sell	-155,000	-62.0%	$2.84M	95,000
Q1 2023	CHK		Buy	+89,789	+23.4%	$35.97M	472,989
Q1 2023	CLF Cleveland-Cliffs Inc.	Cleveland-Cliffs Inc.	Sell	-234,365	-11.7%	$32.41M	1,768,192
Q1 2023	CNDT Conduent Incorporated	Conduent Incorporated	Buy	+40,725	+12.7%	$1.24M	361,550
Q1 2023	COF Capital One Financial Corporati	Capital One Financial Corporati	Buy	+54,047	+18.1%	$33.97M	353,310
Q1 2023	COIN Coinbase Global, Inc.	Coinbase Global, Inc.	Sell	-163,606	-22.8%	$37.36M	552,926
Q1 2023	CROX Crocs, Inc.	Crocs, Inc.	Sell	-1,500	-10.0%	$1.71M	13,500
Q1 2023	CTO CTO Realty Growth, Inc.	CTO Realty Growth, Inc.	Buy	+30,000	+7.9%	$7.11M	411,900
Q1 2023	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell	-15,980	-1.0%	$58.03M	1,661,680
Q1 2023	DB Deutsche Bank	Deutsche Bank	Sell - Position Exit	-8,000	-100.0%	$0.00	-
Q1 2023	DO		Sell	-10,000	-14.3%	$722.40K	60,000
Q1 2023	DXC DXC Technology Company	DXC Technology Company	Sell - Position Exit	-558,816	-100.0%	$0.00	-
Q1 2023	ET Energy Transfer LP	Energy Transfer LP	Sell	-45,645	-0.9%	$61.74M	4,951,231
Q1 2023	EXPE Expedia Group, Inc.	Expedia Group, Inc.	Sell	-9,241	-1.2%	$75.50M	778,059
Q1 2023	FI Fiserv, Inc.	Fiserv, Inc.	Sell	-94,842	-24.8%	$32.51M	287,648
Q1 2023	FL Foot Locker, Inc.	Foot Locker, Inc.	Sell	-8,795	-41.2%	$497.71K	12,540
Q1 2023	G87110105 TechnipFMC	TechnipFMC	Sell	-130,655	-47.0%	$2.01M	147,545
Q1 2023	GCI Gannett Co., Inc.	Gannett Co., Inc.	Buy	+535,550	+29.8%	$4.36M	2,331,275
Q1 2023	GM General Motors Company	General Motors Company	Sell	-120,078	-9.0%	$44.70M	1,218,742
Q1 2023	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-16,993	-2.8%	$62.11M	598,779

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