Bill Miller - Miller Value Partners 13F Activity & Position Changes (Q3 2024)

As of Sep 30, 2024, the Miller Value Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 2024. 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 Q3 2024, the filing reported:

New Buys - MicroStrategy Incorporated, TotalEnergies SE

Increases - American Axle & Manufacturing H, Build-A-Bear Workshop, Inc., Bread Financial Holdings, Inc., Bristol-Myers Squibb Company, Chord Energy Corporation, and 7 more

Reductions - Buckle, Inc. (The), CTO Realty Growth, Inc., Gannett Co., Inc., Jackson Financial Inc., Pitney Bowes Inc., and 5 more

Complete Exits - None reported

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
Q3 2024	AXL American Axle & Manufacturing H	American Axle & Manufacturing H	Buy	+41,510	+21.6%	$1.44M	233,640
Q3 2024	BBW Build-A-Bear Workshop, Inc.	Build-A-Bear Workshop, Inc.	Buy	+80,000	+114.3%	$5.16M	150,000
Q3 2024	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Buy	+3,745	+1.5%	$12.30M	258,530
Q3 2024	BKE Buckle, Inc. (The)	Buckle, Inc. (The)	Sell	-25,000	-16.7%	$5.50M	125,000
Q3 2024	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+20,000	+33.3%	$4.14M	80,000
Q3 2024	CHRD Chord Energy Corporation	Chord Energy Corporation	Buy	+7,796	+17.3%	$6.87M	52,766
Q3 2024	CNDT Conduent Incorporated	Conduent Incorporated	Buy	+153,560	+20.5%	$3.63M	900,935
Q3 2024	CTO CTO Realty Growth, Inc.	CTO Realty Growth, Inc.	Sell	-60,000	-13.5%	$7.30M	383,900
Q3 2024	FOSL Fossil Group, Inc.	Fossil Group, Inc.	Buy	+244,575	+22.5%	$1.56M	1,333,200
Q3 2024	GCI Gannett Co., Inc.	Gannett Co., Inc.	Sell	-151,675	-10.0%	$7.71M	1,371,435
Q3 2024	GTN Gray Television, Inc.	Gray Television, Inc.	Buy	+685,995	+88.8%	$7.82M	1,458,120
Q3 2024	JXN Jackson Financial Inc.	Jackson Financial Inc.	Sell	-15,500	-10.6%	$11.89M	130,335
Q3 2024	LNC Lincoln National Corporation	Lincoln National Corporation	Buy	+53,440	+16.2%	$12.08M	383,215
Q3 2024	MSTR MicroStrategy Incorporated	MicroStrategy Incorporated	Buy - Position Entry	+50,250	-	$8.47M	50,250
Q3 2024	NBR Nabors Industries	Nabors Industries	Buy	+37,345	+36.0%	$9.09M	140,965
Q3 2024	PBI Pitney Bowes Inc.	Pitney Bowes Inc.	Sell	-7,175	-22.8%	$172.97K	24,259
Q3 2024	QUAD Quad Graphics, Inc	Quad Graphics, Inc	Buy	+436,800	+30.2%	$8.55M	1,883,815
Q3 2024	STLA Stellantis	Stellantis	Sell	-30,000	-7.1%	$5.48M	390,000
Q3 2024	T AT&T Inc.	AT&T Inc.	Sell	-55,000	-9.4%	$11.73M	533,000
Q3 2024	TPC Tutor Perini Corporation	Tutor Perini Corporation	Sell	-32,060	-36.9%	$1.49M	54,800
Q3 2024	TTE TotalEnergies SE	TotalEnergies SE	Buy - Position Entry	+7,650	-	$494.34K	7,650
Q3 2024	UGI UGI Corporation	UGI Corporation	Sell	-35,000	-14.8%	$5.05M	202,000
Q3 2024	UNFI United Natural Foods, Inc.	United Natural Foods, Inc.	Buy	+66,545	+32.5%	$4.56M	271,115
Q3 2024	WAL Western Alliance Bancorporation	Western Alliance Bancorporation	Sell	-9,160	-6.4%	$11.50M	132,945