Bill Miller Portfolio Update: March 2026 Holdings Changes
Bill Miller's March 31, 2026 portfolio totals $379 million, featuring significant increases in QUAD and CNDT, decreases in NBR and GCI, and notable changes across other holdings.
Bill Miller's portfolio at Miller Value Partners, valued at $379 million as of March 31, 2026, shows active management with significant shifts in top holdings.
Miller significantly increased his position in QUAD (QUAD / GRAPHICS INC), boosting its portfolio allocation from 4.57% to 4.57% (note: allocation didn't change, but shares increased by 79.53%). He also substantially added to CNDT (CONDUENT INC), increasing its allocation by 79.53%.
Conversely, Miller reduced his stake in NBR (NABORS INDUSTRIES LTD) by 26.26%, lowering its allocation. Similarly, the position in GCI (USA TODAY CO INC) saw a sharp decline of 42.14%.
Other notable changes include a 34.64% increase in GTN (GRAY MEDIA INC), a 13.06% increase in LNC (LINCOLN NATL CORP IND), and a nearly 50% increase in SPY (STATE STR SPDR S&P 500 ETF T), which remained unchanged in allocation but saw share growth. Positions in BFH (BREAD FINANCIAL HOLDINGS INC) and UPS (UNITED PARCEL SVCS INC) also saw increases, while QUAD experienced a slight decrease.
For detailed analysis of Bill Miller's holdings and company profiles, visit Bill Miller's profile and NBR, CRGY, GTN, LNC, SPY, QUAD, BFH, GCI, CNDT, UPS.