Bill Miller - Miller Value Partners Options Holdings (Q2 2022)
As of Jun 30, 2022, 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 32 call contracts and 1 put contract across companies such as iShares 20+ Year Treasury Bond (TLT), Ford Motor Company (F), Baidu, Inc. (BIDU). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 30 of 33 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q2 2022 | TLT | iShares 20+ Year Treasury Bond | PUT | 1,446,900 | $166,205.00 |
| Q2 2022 | F | Ford Motor Company | CALL | 150,000 | $1,670.00 |
| Q2 2022 | BIDU | Baidu, Inc. | CALL | 9,000 | $1,339.00 |
| Q2 2022 | DB | Deutsche Bank | CALL | 150,000 | $1,311.00 |
| Q2 2022 | AMZN | Amazon.com, Inc. | CALL | 12,000 | $1,275.00 |
| Q2 2022 | T | AT&T Inc. | CALL | 55,000 | $1,153.00 |
| Q2 2022 | META | Meta Platforms, Inc. | CALL | 5,000 | $806.00 |
| Q2 2022 | KHC | The Kraft Heinz Company | CALL | 20,000 | $763.00 |
| Q2 2022 | WBA | Walgreens Boots Alliance, Inc. | CALL | 20,000 | $758.00 |
| Q2 2022 | BABA | Alibaba Group Holding Limited | CALL | 6,000 | $682.00 |
| Q2 2022 | BCS | Barclays PLC | CALL | 82,300 | $625.00 |
| Q2 2022 | PFE | Pfizer, Inc. | CALL | 10,000 | $524.00 |
| Q2 2022 | ZG | Zillow Group, Inc. | CALL | 12,500 | $398.00 |
| Q2 2022 | PTON | Peloton Interactive, Inc. | CALL | 40,000 | $367.00 |
| Q2 2022 | HP | Helmerich & Payne, Inc. | CALL | 8,000 | $344.00 |
| Q2 2022 | JD | JD.com, Inc. | CALL | 5,000 | $321.00 |
| Q2 2022 | SOFI | SoFi Technologies, Inc. | CALL | 60,000 | $316.00 |
| Q2 2022 | SLB | Schlumberger N.V. | CALL | 8,000 | $286.00 |
| Q2 2022 | NFLX | Netflix, Inc. | CALL | 1,500 | $262.00 |
| Q2 2022 | VTRS | Viatris Inc. | CALL | 25,000 | $262.00 |
| Q2 2022 | BITO | ProShares Bitcoin ETF | CALL | 22,500 | $261.00 |
| Q2 2022 | COIN | Coinbase Global, Inc. | CALL | 5,000 | $235.00 |
| Q2 2022 | CPNG | Coupang, Inc. | CALL | 15,000 | $191.00 |
| Q2 2022 | PBI | Pitney Bowes Inc. | CALL | 50,000 | $181.00 |
| Q2 2022 | CCL | Carnival Corporation | CALL | 20,000 | $173.00 |
| Q2 2022 | NOV | NOV Inc. | CALL | 10,000 | $169.00 |
| Q2 2022 | BAC | Bank of America Corporation | CALL | 5,000 | $156.00 |
| Q2 2022 | VALE | VALE S.A. | CALL | 10,000 | $146.00 |
| Q2 2022 | JXN | Jackson Financial Inc. | CALL | 5,000 | $134.00 |
| Q2 2022 | ET | Energy Transfer LP | CALL | 10,000 | $100.00 |
Note: Notional value represents the total exposure of the options position.