Bill Miller - Miller Value Partners 13F Activity & Position Changes (Q2 2023)

As of Jun 30, 2023, the Miller Value Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 14, 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 Q2 2023, the filing reported:

New Buys - Bread Financial Holdings, Inc., Gray Television, Inc., Stellantis, AT&T Inc.

Increases - American Axle & Manufacturing H, Conduent Incorporated, Crocs, Inc., CTO Realty Growth, Inc., Gannett Co., Inc., and 8 more

Reductions - Alliance Resource Partners, L.P, Buckle, Inc. (The), Builders FirstSource, Inc., Beazer Homes USA, Inc., , and 10 more

Complete Exits - ADT Inc., Amazon.com, Inc., Artisan Partners Asset Manageme, Alibaba Group Holding Limited, Citigroup, Inc., and 31 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
Q2 2023	ADT ADT Inc.	ADT Inc.	Sell - Position Exit	-2,051,454	-100.0%	$0.00	-
Q2 2023	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell - Position Exit	-694,966	-100.0%	$0.00	-
Q2 2023	APAM Artisan Partners Asset Manageme	Artisan Partners Asset Manageme	Sell - Position Exit	-63,000	-100.0%	$0.00	-
Q2 2023	ARLP Alliance Resource Partners, L.P	Alliance Resource Partners, L.P	Sell	-76,000	-25.9%	$4.01M	217,000
Q2 2023	AXL American Axle & Manufacturing H	American Axle & Manufacturing H	Buy	+13,675	+3.6%	$3.21M	388,600
Q2 2023	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell - Position Exit	-526,847	-100.0%	$0.00	-
Q2 2023	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Buy - Position Entry	+25,725	-	$807.51K	25,725
Q2 2023	BKE Buckle, Inc. (The)	Buckle, Inc. (The)	Sell	-5,300	-2.7%	$6.56M	189,700
Q2 2023	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Sell	-4,500	-20.9%	$2.31M	17,000
Q2 2023	BZH Beazer Homes USA, Inc.	Beazer Homes USA, Inc.	Sell	-15,000	-30.0%	$990.15K	35,000
Q2 2023	C Citigroup, Inc.	Citigroup, Inc.	Sell - Position Exit	-1,099,482	-100.0%	$0.00	-
Q2 2023	CC Chemours Company (The)	Chemours Company (The)	Sell - Position Exit	-95,000	-100.0%	$0.00	-
Q2 2023	CHK		Sell	-443,789	-93.8%	$2.44M	29,200
Q2 2023	CLF Cleveland-Cliffs Inc.	Cleveland-Cliffs Inc.	Sell	-1,756,094	-99.3%	$202.76K	12,098
Q2 2023	CNDT Conduent Incorporated	Conduent Incorporated	Buy	+53,550	+14.8%	$1.41M	415,100
Q2 2023	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell - Position Exit	-353,310	-100.0%	$0.00	-
Q2 2023	COIN Coinbase Global, Inc.	Coinbase Global, Inc.	Sell - Position Exit	-552,926	-100.0%	$0.00	-
Q2 2023	CROX Crocs, Inc.	Crocs, Inc.	Buy	+3,000	+22.2%	$1.86M	16,500
Q2 2023	CTO CTO Realty Growth, Inc.	CTO Realty Growth, Inc.	Buy	+25,000	+6.1%	$7.49M	436,900
Q2 2023	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell - Position Exit	-1,661,680	-100.0%	$0.00	-
Q2 2023	DO		Sell	-35,000	-58.3%	$356.00K	25,000
Q2 2023	ET Energy Transfer LP	Energy Transfer LP	Sell - Position Exit	-4,951,231	-100.0%	$0.00	-
Q2 2023	EXPE Expedia Group, Inc.	Expedia Group, Inc.	Sell - Position Exit	-778,059	-100.0%	$0.00	-
Q2 2023	FI Fiserv, Inc.	Fiserv, Inc.	Sell - Position Exit	-287,648	-100.0%	$0.00	-
Q2 2023	FL Foot Locker, Inc.	Foot Locker, Inc.	Sell - Position Exit	-12,540	-100.0%	$0.00	-
Q2 2023	G87110105 TechnipFMC	TechnipFMC	Sell	-101,935	-69.1%	$758.04K	45,610
Q2 2023	GCI Gannett Co., Inc.	Gannett Co., Inc.	Buy	+196,100	+8.4%	$5.69M	2,527,375
Q2 2023	GM General Motors Company	General Motors Company	Sell - Position Exit	-1,218,742	-100.0%	$0.00	-
Q2 2023	GOOGL Alphabet Inc.	Alphabet Inc.	Sell - Position Exit	-598,779	-100.0%	$0.00	-
Q2 2023	GOOS Canada Goose Holdings Inc. Subo	Canada Goose Holdings Inc. Subo	Sell - Position Exit	-2,318,816	-100.0%	$0.00	-

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