Bill Miller - Miller Value Partners 13F Activity & Position Changes (Q2 2018)

As of Jun 30, 2018, the Miller Value Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. 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 Q2 2018, the filing reported:

New Buys - ADT Inc., Brighthouse Financial, Inc., LG Display Co, Ltd AMERICAN DEP, Direxion Daily Homebuilders & S, NGL ENERGY PARTNERS LP, and 1 more

Increases - Barclays PLC, Community Health Systems, Inc., Deutsche Bank, GameStop Corporation, Genworth Financial Inc, and 7 more

Reductions - American Airlines Group, Inc., Amazon.com, Inc., Abercrombie & Fitch Company, Bank of America Corporation, Citigroup, Inc., and 11 more

Complete Exits - Apple Inc., Fossil Group, Inc., KKR & Co. Inc., Upbound Group, 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
Q2 2018	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Sell	-8,250	-0.5%	$58.06K	1,529,500
Q2 2018	AAPL Apple Inc.	Apple Inc.	Sell - Position Exit	-1,100	-100.0%	$0.00	-
Q2 2018	ADT ADT Inc.	ADT Inc.	Buy - Position Entry	+6,359,450	-	$55.01K	6,359,450
Q2 2018	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-9,469	-8.3%	$176.88K	104,059
Q2 2018	ANF Abercrombie & Fitch Company	Abercrombie & Fitch Company	Sell	-147,295	-54.0%	$3.08K	125,705
Q2 2018	BAC Bank of America Corporation	Bank of America Corporation	Sell	-5,625	-0.3%	$62.46K	2,215,639
Q2 2018	BCS Barclays PLC	Barclays PLC	Buy	+2,800	+26.8%	$133.00	13,255
Q2 2018	BHF Brighthouse Financial, Inc.	Brighthouse Financial, Inc.	Buy - Position Entry	+830,612	-	$33.28K	830,612
Q2 2018	C Citigroup, Inc.	Citigroup, Inc.	Sell	-1,585	-0.2%	$43.63K	651,946
Q2 2018	CLF Cleveland-Cliffs Inc.	Cleveland-Cliffs Inc.	Sell	-2,750	-11.4%	$181.00	21,468
Q2 2018	CYH Community Health Systems, Inc.	Community Health Systems, Inc.	Buy	+19,550	+16.9%	$450.00	135,440
Q2 2018	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell	-8,725	-0.6%	$76.93K	1,552,975
Q2 2018	DB Deutsche Bank	Deutsche Bank	Buy	+8,010	+16.7%	$593.00	55,860
Q2 2018	FL Foot Locker, Inc.	Foot Locker, Inc.	Sell	-163,365	-11.8%	$64.08K	1,217,035
Q2 2018	FOSL Fossil Group, Inc.	Fossil Group, Inc.	Sell - Position Exit	-24,325	-100.0%	$0.00	-
Q2 2018	GME GameStop Corporation	GameStop Corporation	Buy	+14,225	+44.3%	$676.00	46,370
Q2 2018	GNW Genworth Financial Inc	Genworth Financial Inc	Buy	+1,859,875	+9.6%	$95.77K	21,283,130
Q2 2018	KKR KKR & Co. Inc.	KKR & Co. Inc.	Sell - Position Exit	-40,000	-100.0%	$0.00	-
Q2 2018	LEN Lennar Corporation	Lennar Corporation	Buy	+7,325	+0.5%	$73.16K	1,393,550
Q2 2018	LPL LG Display Co, Ltd AMERICAN DEP	LG Display Co, Ltd AMERICAN DEP	Buy - Position Entry	+15,600	-	$129.00	15,600
Q2 2018	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+57,710	+20.8%	$65.09K	334,980
Q2 2018	MTG MGIC Investment Corporation	MGIC Investment Corporation	Sell	-1,900,425	-65.3%	$10.81K	1,008,200
Q2 2018	NAIL Direxion Daily Homebuilders & S	Direxion Daily Homebuilders & S	Buy - Position Entry	+60,000	-	$3.33K	60,000
Q2 2018	NGL NGL ENERGY PARTNERS LP	NGL ENERGY PARTNERS LP	Buy - Position Entry	+250,000	-	$3.12K	250,000
Q2 2018	OMF OneMain Holdings, Inc.	OneMain Holdings, Inc.	Sell	-272,265	-7.5%	$111.17K	3,339,395
Q2 2018	PHM PulteGroup, Inc.	PulteGroup, Inc.	Sell	-23,250	-1.1%	$60.86K	2,116,725
Q2 2018	RH RH	RH	Sell	-152,420	-11.6%	$162.16K	1,160,760
Q2 2018	SFIX Stitch Fix, Inc.	Stitch Fix, Inc.	Sell	-9,825	-0.7%	$37.58K	1,369,348
Q2 2018	SPY SPDR S&P 500	SPDR S&P 500	Buy	+16,767	+19.2%	$28.21K	103,977
Q2 2018	TBT ProShares UltraShort Lehman 20	ProShares UltraShort Lehman 20	Sell	-250,000	-50.0%	$8.99K	250,000

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