Bill Miller - Miller Value Partners 13F Activity & Position Changes (Q4 2016)

As of Dec 31, 2016, 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 Q4 2016, the filing reported:

New Buys - None reported

Increases - Amazon.com, Inc., Geo Group Inc (The) REIT, GameStop Corporation, Genworth Financial Inc, OneMain Holdings, Inc., and 1 more

Reductions - American Airlines Group, Inc., Apple Inc., Bank of America Corporation, Citigroup, Inc., Delta Air Lines, Inc., and 8 more

Complete Exits - JD.com, Inc., NXP Semiconductors

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
Q4 2016	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Sell	-94,125	-4.7%	$89.53K	1,917,525
Q4 2016	AAPL Apple Inc.	Apple Inc.	Sell	-2,015	-23.5%	$761.00	6,565
Q4 2016	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+95,907	+694.7%	$82.27K	109,712
Q4 2016	BAC Bank of America Corporation	Bank of America Corporation	Sell	-378,400	-9.7%	$77.87K	3,523,375
Q4 2016	C Citigroup, Inc.	Citigroup, Inc.	Sell	-93,500	-9.3%	$54.21K	912,100
Q4 2016	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell	-156,425	-7.8%	$91.32K	1,856,525
Q4 2016	GEO Geo Group Inc (The) REIT	Geo Group Inc (The) REIT	Buy	+60,000	+65.2%	$5.46K	152,000
Q4 2016	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Sell	-4,500	-1.0%	$33.37K	466,050
Q4 2016	GME GameStop Corporation	GameStop Corporation	Buy	+446,450	+38.5%	$40.58K	1,606,575
Q4 2016	GNW Genworth Financial Inc	Genworth Financial Inc	Buy	+3,350	+0.0%	$59.80K	15,695,600
Q4 2016	JD JD.com, Inc.	JD.com, Inc.	Sell - Position Exit	-1,037,500	-100.0%	$0.00	-
Q4 2016	LEN Lennar Corporation	Lennar Corporation	Sell	-5,850	-0.4%	$69.06K	1,608,700
Q4 2016	MTG MGIC Investment Corporation	MGIC Investment Corporation	Sell	-407,675	-5.0%	$78.72K	7,725,225
Q4 2016	N6596X109 NXP Semiconductors	NXP Semiconductors	Sell - Position Exit	-804,925	-100.0%	$0.00	-
Q4 2016	OMF OneMain Holdings, Inc.	OneMain Holdings, Inc.	Buy	+514,500	+18.2%	$74.06K	3,344,850
Q4 2016	PHM PulteGroup, Inc.	PulteGroup, Inc.	Sell	-418,400	-10.8%	$63.79K	3,470,750
Q4 2016	RDN Radian Group Inc.	Radian Group Inc.	Sell	-38,500	-2.4%	$27.82K	1,547,475
Q4 2016	RITM Rithm Capital Corp.	Rithm Capital Corp.	Buy	+33,000	+14.8%	$4.02K	255,750
Q4 2016	TMHC Taylor Morrison Home Corporatio	Taylor Morrison Home Corporatio	Sell	-35,200	-1.6%	$42.20K	2,191,325
Q4 2016	TPH Tri Pointe Homes, Inc.	Tri Pointe Homes, Inc.	Sell	-37,600	-1.9%	$22.85K	1,990,050
Q4 2016	UAL United Airlines Holdings, Inc.	United Airlines Holdings, Inc.	Sell	-87,325	-6.5%	$91.59K	1,256,700