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

As of Mar 31, 2023, the Miller Value Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 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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