Bill Miller - Miller Value Partners Portfolio Holdings

As of Jun 30, 2025, the Miller Value Partners portfolio holdings is valued at approximately $235,656,860.00 featuring 33 publicly traded holdings. This in-depth profile highlights the top investments led by LINCOLN NATL CORP IND (LNC), BREAD FINANCIAL HOLDINGS INC (BFH), NABORS INDUSTRIES LTD (NBR), GRAY MEDIA INC (GTN), and others based on the company's latest SEC filings reported on Aug 14, 2025. Explore insights into portfolio composition, sector allocation, and recent trade activity.

Miller Value Partners's stock portfolio spans 33 holdings across 12 sectors, with a total market value of $235,656,860.00. The Financial Services sector represents the largest allocation, while the top holdings account for nearly 59% of the total portfolio value. LINCOLN NATL CORP IND remains the single largest position at 8.4% of all equity investments.

Complete Holdings

Showing 33 of 33 holdings.

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# Company Symbol Sector Portfolio % Shares Change (Shares) Change % Value
1 LINCOLN NATL CORP IND LNC Financial Services 8.36% 569,480 +50,225 +9.67% $19,704,008.00
2 BREAD FINANCIAL HOLDINGS INC BFH Financial Services 7.94% 327,385 +17,560 +5.67% $18,700,231.00
3 NABORS INDUSTRIES LTD NBR Other 7.42% 624,100 +235,355 +60.54% $17,487,282.00
4 GRAY MEDIA INC GTN Communication Services 7.01% 3,647,805 +70,015 +1.96% $16,524,557.00
5 QUAD / GRAPHICS INC QUAD Industrials 6.50% 2,710,380 +136,155 +5.29% $15,313,647.00
6 GANNETT CO INC GCI Communication Services 4.99% 3,284,510 +571,695 +21.07% $11,758,546.00
7 JACKSON FINANCIAL INC JXN Financial Services 4.71% 124,995 +4,045 +3.34% $11,098,306.00
8 UGI CORP NEW UGI Utilities 4.51% 292,000 - - $10,634,640.00
9 VERIZON COMMUNICATIONS INC VZ Communication Services 3.64% 198,000 - - $8,567,460.00
10 ONEMAIN HLDGS INC OMF Financial Services 3.60% 149,000 - - $8,493,000.00
11 JELD-WEN HLDG INC JELD Industrials 3.12% 1,874,420 +1,097,995 +141.42% $7,347,726.00
12 CONDUENT INC CNDT Technology 3.09% 2,755,225 +879,845 +46.92% $7,273,794.00
13 CTO RLTY GROWTH INC NEW CTO Real Estate 2.92% 399,145 +15,245 +3.97% $6,889,243.00
14 WESTERN ALLIANCE BANCORP WAL Financial Services 2.76% 83,455 - - $6,507,821.00
15 MICROSTRATEGY INC MSTR Technology 2.62% 15,250 - - $6,164,507.00
16 AMERICAN AXLE & MFG HLDGS IN AXL Consumer Cyclical 2.49% 1,439,920 +444,230 +44.62% $5,874,874.00
17 VIATRIS INC VTRS Healthcare 2.35% 619,000 - - $5,527,670.00
18 BUILD-A-BEAR WORKSHOP INC BBW Consumer Cyclical 2.30% 105,000 +5,000 +5.00% $5,413,800.00
19 FOSSIL GROUP INC FOSL Consumer Cyclical 2.18% 3,469,727 +504,567 +17.02% $5,135,196.00
20 CHORD ENERGY CORPORATION CHRD Energy 2.17% 52,766 - - $5,110,387.00
21 BRISTOL-MYERS SQUIBB CO BMY Healthcare 2.12% 108,000 - - $4,999,320.00
22 BUCKLE INC BKE Consumer Cyclical 2.02% 105,000 - - $4,761,750.00
23 STELLANTIS N.V STLA Other 1.66% 390,000 - - $3,911,700.00
24 CARLYLE GROUP INC CG Financial Services 1.53% 70,000 - - $3,598,000.00
25 BOISE CASCADE CO DEL BCC Basic Materials 1.47% 40,000 - - $3,472,800.00
26 ALLIANCE RESOURCE PARTNERS L ARLP Energy 1.41% 127,000 - - $3,319,780.00
27 EASTERLY GOVT PPTYS INC 27616P301 Other 1.38% 146,800 +146,800 +100.00% $3,258,960.00
28 UNITED NAT FOODS INC UNFI Consumer Defensive 1.36% 137,405 -51,550 -27.28% $3,202,911.00
29 LYONDELLBASELL INDUSTRIES N LYB Other 0.93% 38,000 - - $2,198,680.00
30 SEMLER SCIENTIFIC INC SMLR Healthcare 0.87% 53,000 - - $2,053,220.00
31 TUTOR PERINI CORP TPC Industrials 0.26% 12,910 -77,660 -85.75% $603,930.00
32 TOTALENERGIES SE TTE Energy 0.20% 7,650 - - $469,633.00
33 TECHNIPFMC PLC G87110105 Other 0.12% 8,115 -70 -0.86% $279,481.00

Holdings by Sector

Sector Allocation Value
Financial Services 28.90% $68,101,366.00
Communication Services 15.64% $36,850,563.00
Other 11.52% $27,136,103.00
Industrials 9.87% $23,265,303.00
Consumer Cyclical 8.99% $21,185,620.00
Technology 5.70% $13,438,301.00
Healthcare 5.34% $12,580,210.00
Utilities 4.51% $10,634,640.00
Energy 3.78% $8,899,800.00
Real Estate 2.92% $6,889,243.00
Basic Materials 1.47% $3,472,800.00
Consumer Defensive 1.36% $3,202,911.00

Portfolio insights

As of Jun 30, 2025, the Miller Value Partners portfolio holds 33 securities valued at $235,656,860.00. The Financial Services sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.