Bill Miller - Miller Value Partners Portfolio Allocation (Dec 31, 2025)
As of Dec 31, 2025, the Miller Value Partners portfolio managed by Bill Miller was diversified across 12 sectors, according to the most recent SEC 13F filing dated Feb 17, 2026. This allocation breakdown highlights where the portfolio is most concentrated and how capital is distributed across industries.
The Financial Services sector represents the largest share at 21.1% of total portfolio value, followed by Financial Services and ETF and Communication Services. Together, the top three sectors account for 54.9% of the portfolio, reflecting Bill Miller's emphasis on strategic positioning. This sector allocation provides insights into the fund's investment strategy and risk exposure.
| Sector | Percentage of portfolio (%) |
|---|---|
| Financial Services | 21.12% |
| ETF | 18.01% |
| Communication Services | 15.82% |
| Industrials | 12.82% |
| Consumer Cyclical | 9.82% |
| Technology | 5.56% |
| Healthcare | 4.77% |
| Utilities | 3.46% |
| Energy | 2.97% |
| Real Estate | 2.82% |
| Consumer Defensive | 1.89% |
| Basic Materials | 0.96% |