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

According to the SEC 13F filed on Nov 14, 2024, the Miller Value Partners portfolio showed several notable changes in holdings as of quarter-end Sep 30, 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