Bill Miller Portfolio Trends Q1 2026: Major Gains in Energy, Declines in Media
Bill Miller's portfolio saw significant gains in Energy and Communication Services sectors while experiencing declines in certain holdings during the quarter ending March 31, 2026.
Bill Miller's portfolio at Miller Value Partners, as of March 31, 2026, stands at approximately $380 million. The portfolio includes a mix of individual stocks and ETFs, with notable changes observed in several positions during the quarter.
Among the top holdings, Crescent Energy Company (CRGY) stands out with a 100% increase in shares held, making it the most significant share increase during the quarter. Gray Media Inc (GTN) and Conduent Inc (CNDT) also saw substantial additions to the portfolio.
On the other side, NABORS Industries Ltd (NBR) experienced a significant reduction, with shares decreased by 26.26%. USA Today Co Inc (GCI) also saw a major decline, with shares reduced by 42.14%. Bread Financial Holdings Inc (BFH) experienced a smaller decrease.
Additionally, the portfolio includes a substantial position in the SPDR S&P 500 ETF Trust (SPY), which saw an increase in holdings during the quarter.
For more information on Bill Miller's investment strategy, visit Miller Value Partners. Detailed analysis of individual holdings can be found at InsiderSet.