Bill Miller - Miller Value Partners 13F Activity & Position Changes (Q4 2017)

According to the SEC 13F filed on Aug 14, 2026, the Miller Value Partners portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2017. 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 2017, the filing reported:

New Buys - ANI Pharmaceuticals, Inc., iShares MSCI Japan Index Fund, Stitch Fix, Inc., Teva Pharmaceutical Industries , Walker & Dunlop, Inc

Increases - Community Health Systems, Inc., Foot Locker, Inc., Fossil Group, Inc., OneMain Holdings, Inc., ProShares UltraPro S&P 500

Reductions - American Airlines Group, Inc., Apple Inc., Amazon.com, Inc., Abercrombie & Fitch Company, Bank of America Corporation, and 16 more

Complete Exits - American Eagle Outfitters, Inc., Gilead Sciences, Inc., General Motors Company, Alphabet Inc., Anywhere Real Estate Inc., and 2 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
Q4 2017	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Sell	-23,925	-1.4%	$85.03K	1,634,200
Q4 2017	AAPL Apple Inc.	Apple Inc.	Sell	-1,118	-35.9%	$338.00	1,997
Q4 2017	AEO American Eagle Outfitters, Inc.	American Eagle Outfitters, Inc.	Sell - Position Exit	-1,035,400	-100.0%	$0.00	-
Q4 2017	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-1,610	-1.3%	$138.16K	118,140
Q4 2017	ANF Abercrombie & Fitch Company	Abercrombie & Fitch Company	Sell	-14,275	-4.8%	$4.97K	285,255
Q4 2017	ANIP ANI Pharmaceuticals, Inc.	ANI Pharmaceuticals, Inc.	Buy - Position Entry	+5,000	-	$322.00	5,000
Q4 2017	BAC Bank of America Corporation	Bank of America Corporation	Sell	-171,280	-6.8%	$69.44K	2,352,364
Q4 2017	C Citigroup, Inc.	Citigroup, Inc.	Sell	-30,149	-4.1%	$52.88K	710,706
Q4 2017	CLF Cleveland-Cliffs Inc.	Cleveland-Cliffs Inc.	Sell	-1,383	-4.2%	$228.00	31,668
Q4 2017	CYH Community Health Systems, Inc.	Community Health Systems, Inc.	Buy	+58,640	+111.7%	$473.00	111,115
Q4 2017	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell	-23,615	-1.4%	$92.88K	1,658,535
Q4 2017	DB Deutsche Bank	Deutsche Bank	Sell	-2,095	-4.4%	$866.00	45,500
Q4 2017	EWJ iShares MSCI Japan Index Fund	iShares MSCI Japan Index Fund	Buy - Position Entry	+17,500	-	$1.05K	17,500
Q4 2017	FL Foot Locker, Inc.	Foot Locker, Inc.	Buy	+139,925	+11.0%	$66.27K	1,413,675
Q4 2017	FOSL Fossil Group, Inc.	Fossil Group, Inc.	Buy	+18,850	+58.1%	$398.00	51,280
Q4 2017	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Sell - Position Exit	-322,955	-100.0%	$0.00	-
Q4 2017	GM General Motors Company	General Motors Company	Sell - Position Exit	-2,929	-100.0%	$0.00	-
Q4 2017	GME GameStop Corporation	GameStop Corporation	Sell	-170	-0.0%	$19.70K	1,097,660
Q4 2017	GNW Genworth Financial Inc	Genworth Financial Inc	Sell	-3,380	-0.0%	$58.58K	18,836,505
Q4 2017	GOOG Alphabet Inc.	Alphabet Inc.	Sell - Position Exit	-601	-100.0%	$0.00	-
Q4 2017	HOUS Anywhere Real Estate Inc.	Anywhere Real Estate Inc.	Sell - Position Exit	-17,000	-100.0%	$0.00	-
Q4 2017	LEN Lennar Corporation	Lennar Corporation	Sell	-17,650	-1.2%	$89.17K	1,409,950
Q4 2017	LVS Las Vegas Sands Corp.	Las Vegas Sands Corp.	Sell	-500	-7.7%	$417.00	6,000
Q4 2017	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-2,385	-1.1%	$39.36K	223,065
Q4 2017	MTG MGIC Investment Corporation	MGIC Investment Corporation	Sell	-2,391,825	-37.1%	$57.17K	4,051,725
Q4 2017	OMF OneMain Holdings, Inc.	OneMain Holdings, Inc.	Buy	+34,800	+1.0%	$95.89K	3,689,535
Q4 2017	PHM PulteGroup, Inc.	PulteGroup, Inc.	Sell	-301,100	-12.0%	$73.41K	2,207,875
Q4 2017	RDFN Redfin Corporation	Redfin Corporation	Sell - Position Exit	-232,175	-100.0%	$0.00	-
Q4 2017	RH RH	RH	Sell	-291,165	-17.8%	$115.71K	1,342,210
Q4 2017	SFIX Stitch Fix, Inc.	Stitch Fix, Inc.	Buy - Position Entry	+1,393,930	-	$36.01K	1,393,930

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