Bill Miller - Miller Value Partners Options Holdings (Q1 2021)
As of Mar 31, 2021, the Miller Value Partners portfolio disclosed options positions in its latest SEC 13F filing reported on May 15, 2026. These filings include call and put options tied to underlying equity holdings, providing a deeper look at the fund's use of derivatives for exposure and hedging.
The reported options activity included 19 call contracts and 0 put contracts across companies such as Amazon.com, Inc. (AMZN), Uber Technologies, Inc. (UBER), Ford Motor Company (F). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 19 of 19 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q1 2021 | AMZN | Amazon.com, Inc. | CALL | 63,300 | $195,855.00 |
| Q1 2021 | UBER | Uber Technologies, Inc. | CALL | 2,542,500 | $138,592.00 |
| Q1 2021 | F | Ford Motor Company | CALL | 80,000 | $980.00 |
| Q1 2021 | KHC | The Kraft Heinz Company | CALL | 20,000 | $800.00 |
| Q1 2021 | T | AT&T Inc. | CALL | 20,000 | $605.00 |
| Q1 2021 | WBA | Walgreens Boots Alliance, Inc. | CALL | 10,000 | $549.00 |
| Q1 2021 | MO | Altria Group, Inc. | CALL | 10,000 | $512.00 |
| Q1 2021 | DB | Deutsche Bank | CALL | 40,000 | $480.00 |
| Q1 2021 | BHC | Bausch Health Companies Inc. | CALL | 10,000 | $317.00 |
| Q1 2021 | VTRS | Viatris Inc. | CALL | 20,000 | $279.00 |
| Q1 2021 | CXW | CoreCivic, Inc. | CALL | 30,000 | $272.00 |
| Q1 2021 | VOD | Vodafone Group Plc | CALL | 10,000 | $184.00 |
| Q1 2021 | TAK | Takeda Pharmaceutical Company L | CALL | 10,000 | $183.00 |
| Q1 2021 | ADT | ADT Inc. | CALL | 20,000 | $169.00 |
| Q1 2021 | PBI | Pitney Bowes Inc. | CALL | 20,000 | $165.00 |
| Q1 2021 | M | Macy's Inc | CALL | 10,000 | $162.00 |
| Q1 2021 | LUMN | Lumen Technologies, Inc. | CALL | 10,000 | $134.00 |
| Q1 2021 | TEVA | Teva Pharmaceutical Industries | CALL | 10,000 | $115.00 |
| Q1 2021 | ET | Energy Transfer LP | CALL | 10,000 | $77.00 |
Note: Notional value represents the total exposure of the options position.