Bill Miller - Miller Value Partners 13F Activity & Position Changes (Q4 2018)

As of Dec 31, 2018, 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 2018, the filing reported:

New Buys - Energy Transfer LP, abrdn Physical Platinum Shares

Increases - ADT Inc., Barclays PLC, Brighthouse Financial, Inc., GameStop Corporation, Genworth Financial Inc, and 11 more

Reductions - American Airlines Group, Inc., Amazon.com, Inc., Bank of America Corporation, Bausch Health Companies Inc., Citigroup, Inc., and 12 more

Complete Exits - Carvana Co., Deutsche Bank, Eventbrite, Inc., MBIA Inc., Direxion Daily Homebuilders & S, 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 2018	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Sell	-4,425	-0.3%	$49.54K	1,542,800
Q4 2018	ADT ADT Inc.	ADT Inc.	Buy	+124,975	+1.3%	$57.70K	9,600,400
Q4 2018	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-17,174	-17.8%	$119.33K	79,448
Q4 2018	BAC Bank of America Corporation	Bank of America Corporation	Sell	-35,700	-1.6%	$52.96K	2,149,329
Q4 2018	BCS Barclays PLC	Barclays PLC	Buy	+1,745	+10.5%	$138.00	18,290
Q4 2018	BHC Bausch Health Companies Inc.	Bausch Health Companies Inc.	Sell	-125,255	-2.5%	$88.70K	4,802,564
Q4 2018	BHF Brighthouse Financial, Inc.	Brighthouse Financial, Inc.	Buy	+184,325	+9.9%	$62.45K	2,048,732
Q4 2018	C Citigroup, Inc.	Citigroup, Inc.	Sell	-9,975	-1.5%	$33.18K	637,356
Q4 2018	CHGG Chegg, Inc.	Chegg, Inc.	Sell	-50,000	-9.1%	$14.21K	500,000
Q4 2018	CLF Cleveland-Cliffs Inc.	Cleveland-Cliffs Inc.	Sell	-4,830	-26.7%	$102.00	13,263
Q4 2018	CVNA Carvana Co.	Carvana Co.	Sell - Position Exit	-4,000	-100.0%	$0.00	-
Q4 2018	CYH Community Health Systems, Inc.	Community Health Systems, Inc.	Sell	-86,845	-59.5%	$167.00	59,220
Q4 2018	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell	-107,200	-7.0%	$71.17K	1,426,230
Q4 2018	DB Deutsche Bank	Deutsche Bank	Sell - Position Exit	-19,990	-100.0%	$0.00	-
Q4 2018	EB Eventbrite, Inc.	Eventbrite, Inc.	Sell - Position Exit	-96,750	-100.0%	$0.00	-
Q4 2018	ET Energy Transfer LP	Energy Transfer LP	Buy - Position Entry	+266,240	-	$3.52K	266,240
Q4 2018	GME GameStop Corporation	GameStop Corporation	Buy	+17,110	+27.3%	$1.01K	79,785
Q4 2018	GNW Genworth Financial Inc	Genworth Financial Inc	Buy	+12,190	+0.1%	$98.68K	21,176,395
Q4 2018	HALO Halozyme Therapeutics, Inc.	Halozyme Therapeutics, Inc.	Sell	-150,000	-88.2%	$293.00	20,000
Q4 2018	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Buy	+429	+0.1%	$75.23K	770,686
Q4 2018	LEN Lennar Corporation	Lennar Corporation	Buy	+75,700	+5.4%	$57.37K	1,465,375
Q4 2018	LPL LG Display Co, Ltd AMERICAN DEP	LG Display Co, Ltd AMERICAN DEP	Sell	-3,860	-24.9%	$95.00	11,640
Q4 2018	MBI MBIA Inc.	MBIA Inc.	Sell - Position Exit	-67,600	-100.0%	$0.00	-
Q4 2018	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-101,000	-18.4%	$58.79K	448,480
Q4 2018	MU Micron Technology, Inc.	Micron Technology, Inc.	Buy	+506,300	+253.1%	$22.41K	706,300
Q4 2018	N6596X109 NXP Semiconductors	NXP Semiconductors	Buy	+107,365	+14.8%	$60.95K	831,735
Q4 2018	NAIL Direxion Daily Homebuilders & S	Direxion Daily Homebuilders & S	Sell - Position Exit	-60,000	-100.0%	$0.00	-
Q4 2018	NGL NGL ENERGY PARTNERS LP	NGL ENERGY PARTNERS LP	Buy	+85,000	+21.8%	$4.55K	475,000
Q4 2018	NWL Newell Brands Inc.	Newell Brands Inc.	Buy	+60,195	+2.4%	$46.95K	2,525,755
Q4 2018	OMF OneMain Holdings, Inc.	OneMain Holdings, Inc.	Buy	+16,225	+0.5%	$77.40K	3,186,480

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