Bill Miller Portfolio · 13F Holdings & Trades
Bill Miller reported 56 holdings in the 2026Q2 13F, with a total portfolio value of $423.1M. (Miller Value Partners) 49 positions changed from the prior quarter (4 new, 20 increased, 22 reduced, 3 exited).
The most recent 13F holdings filed with the SEC by this manager are as of 2026Q2; holdings for later quarters (up to 2026Q3) are not in a 13F-HR.
Changes This Quarter (49)
| Stock | Action | Shares Change | Weight (%) | Value ($) |
|---|---|---|---|---|
| NABORS INDUSTRIES LTD | Increased | 444,430 → 445,460 | 8.85 | 37,423,095 |
| GRAY MEDIA INC | Increased | 5,370,100 → 7,243,390 | 6.80 | 28,756,258 |
| DIREXION SHARES ETF TRUST | New | New | 5.81 | 24,596,449 |
| BLOOMIN BRANDS INC | Increased | 2,036,734 → 2,585,909 | 5.59 | 23,635,208 |
| QUAD / GRAPHICS INC | Reduced | 2,651,039 → 2,538,299 | 5.06 | 21,397,861 |
| LINCOLN NATL CORP IND | Increased | 570,690 → 603,160 | 5.04 | 21,321,706 |
| CRESCENT ENERGY COMPANY | Increased | 2,003,132 → 2,092,679 | 4.86 | 20,550,108 |
| CONDUENT INC | Increased | 10,023,930 → 12,986,100 | 4.48 | 18,959,706 |
| BREAD FINANCIAL HOLDINGS INC | Reduced | 193,697 → 132,798 | 3.40 | 14,388,663 |
| UNITED PARCEL SVCS INC | Reduced | 119,108 → 116,003 | 2.95 | 12,470,322 |
| DAUCH CORP | Increased | 1,395,905 → 2,282,090 | 2.92 | 12,368,928 |
| USA TODAY CO INC | Reduced | 1,969,280 → 1,401,080 | 2.83 | 11,979,234 |
| VIATRIS INC | Increased | 731,676 → 733,164 | 2.75 | 11,642,644 |
| CTO RLTY GROWTH INC NEW | Reduced | 556,053 → 539,900 | 2.74 | 11,613,249 |
| JELD-WEN HLDG INC | Increased | 6,619,885 → 7,139,095 | 2.53 | 10,708,642 |
| FOSSIL GROUP INC | Reduced | 2,425,185 → 2,143,445 | 2.10 | 8,873,862 |
| COTY INC | New | New | 2.00 | 8,462,243 |
| JACKSON FINANCIAL INC | Reduced | 80,680 → 80,142 | 1.94 | 8,205,739 |
| ITURAN LOCATION AND CONTROL | Reduced | 203,900 → 133,700 | 1.93 | 8,157,037 |
| CHORD ENERGY CORPORATION | Reduced | 69,330 → 69,096 | 1.87 | 7,897,673 |
| MILLROSE PPTYS INC | Increased | 180,800 → 229,300 | 1.63 | 6,890,465 |
| UPBOUND GROUP INC | Increased | 120,000 → 258,000 | 1.29 | 5,474,760 |
| ALLIANCE RESOURCE PARTNERS L | Increased | 185,256 → 186,981 | 1.06 | 4,483,804 |
| STRATEGY INC | Reduced | 52,058 → 50,203 | 1.03 | 4,364,147 |
| BUILD-A-BEAR WORKSHOP INC | Increased | 103,734 → 133,567 | 0.97 | 4,088,486 |
| META PLATFORMS INC | New | New | 0.85 | 3,611,815 |
| CROCS INC | Reduced | 38,548 → 28,856 | 0.82 | 3,481,188 |
| WESTERN ALLIANCE BANCORP | Reduced | 55,252 → 41,755 | 0.81 | 3,432,261 |
| ARBOR REALTY TRUST INC | Increased | 604,000 → 611,000 | 0.78 | 3,311,620 |
| CITI TRENDS INC | Increased | 53,763 → 54,200 | 0.74 | 3,134,928 |
| MERCADOLIBRE INC | Reduced | 2,215 → 1,712 | 0.69 | 2,905,932 |
| FIGURE TECHNOLOGY SOLUTIO | Reduced | 91,009 → 89,668 | 0.65 | 2,753,704 |
| ZIFF DAVIS INC | Reduced | 68,058 → 50,602 | 0.63 | 2,650,027 |
| RESIDEO TECHNOLOGIES INC | Reduced | 69,762 → 68,931 | 0.51 | 2,143,754 |
| MAPLEBEAR INC | Increased | 45,557 → 45,645 | 0.51 | 2,161,291 |
| AMERIPRISE FINL INC | New | New | 0.48 | 2,031,389 |
| BUILDERS FIRSTSOURCE INC | Increased | 18,893 → 19,115 | 0.40 | 1,710,410 |
| SHIFT4 PMTS INC | Reduced | 30,035 → 29,965 | 0.34 | 1,457,498 |
| PERDOCEO ED CORP | Reduced | 40,395 → 40,288 | 0.30 | 1,289,216 |
| AIRBNB INC | Reduced | 16,134 → 8,921 | 0.30 | 1,276,595 |
| PINTEREST INC | Reduced | 59,990 → 57,860 | 0.29 | 1,216,796 |
| COUPANG INC | Increased | 62,528 → 64,124 | 0.26 | 1,113,834 |
| SHARKNINJA INC | Increased | 5,775 → 5,932 | 0.21 | 903,266 |
| LITHIA MTRS INC | Increased | 2,654 → 2,712 | 0.19 | 787,809 |
| UNITED NAT FOODS INC | Reduced | 5,250 → 4,705 | 0.05 | 214,877 |
| TUTOR PERINI CORP | Reduced | 2,795 → 2,470 | 0.05 | 204,936 |
| PORTILLOS INC | Exited | 129,323 → 0 | — | — |
| MASTERBRAND INC | Exited | 104,854 → 0 | — | — |
| STATE STR SPDR S&P 500 ETF T | Exited | 30,044 → 0 | — | — |
Top 15 Holdings
| Stock | Weight (%) | Shares | Value ($) |
|---|---|---|---|
| NABORS INDUSTRIES LTD | 8.85 | 445,460 | 37,423,095 |
| GRAY MEDIA INC | 6.80 | 7,243,390 | 28,756,258 |
| DIREXION SHARES ETF TRUST | 5.81 | 114,078 | 24,596,449 |
| BLOOMIN BRANDS INC | 5.59 | 2,585,909 | 23,635,208 |
| QUAD / GRAPHICS INC | 5.06 | 2,538,299 | 21,397,861 |
| LINCOLN NATL CORP IND | 5.04 | 603,160 | 21,321,706 |
| CRESCENT ENERGY COMPANY | 4.86 | 2,092,679 | 20,550,108 |
| CONDUENT INC | 4.48 | 12,986,100 | 18,959,706 |
| BREAD FINANCIAL HOLDINGS INC | 3.40 | 132,798 | 14,388,663 |
| UNITED PARCEL SVCS INC | 2.95 | 116,003 | 12,470,322 |
| DAUCH CORP | 2.92 | 2,282,090 | 12,368,928 |
| USA TODAY CO INC | 2.83 | 1,401,080 | 11,979,234 |
| VIATRIS INC | 2.75 | 733,164 | 11,642,644 |
| CTO RLTY GROWTH INC NEW | 2.74 | 539,900 | 11,613,249 |
| JELD-WEN HLDG INC | 2.53 | 7,139,095 | 10,708,642 |
Top 15 Holdings · Quarterly Weight Trend
| Stock | 24Q3 | 24Q4 | 25Q1 | 25Q2 | 25Q3 | 25Q4 | 26Q1 | 26Q2 | Trend (shares) |
|---|---|---|---|---|---|---|---|---|---|
| NABORS INDUSTRIES LTD | 5.13 | 6.87 | 7.39 | 7.42 | 10.11 | 11.53 | 9.98 | 8.85 | — |
| GRAY MEDIA INC | 4.41 | 4.55 | 7.04 | 7.01 | 7.56 | 6.80 | 6.08 | 6.80 | Up 3 qtrs in a row |
| DIREXION SHARES ETF TRUST | — | — | — | — | — | — | — | 5.81 | — |
| BLOOMIN BRANDS INC | — | — | — | — | — | — | 2.87 | 5.59 | Up 2 qtrs in a row |
| QUAD / GRAPHICS INC | 4.83 | 7.50 | 6.39 | 6.50 | 6.03 | 6.05 | 4.57 | 5.06 | Down 2 qtrs in a row |
| LINCOLN NATL CORP IND | 6.82 | 6.69 | 8.50 | 8.36 | 7.72 | 7.92 | 5.29 | 5.04 | Up 2 qtrs in a row |
| CRESCENT ENERGY COMPANY | — | — | — | — | — | — | 7.06 | 4.86 | Up 2 qtrs in a row |
| CONDUENT INC | 2.05 | 2.67 | 2.31 | 3.09 | 4.15 | 3.78 | 3.35 | 4.48 | Up 7 qtrs in a row |
| BREAD FINANCIAL HOLDINGS INC | 6.94 | 7.93 | 7.07 | 7.94 | 5.53 | 5.25 | 3.79 | 3.40 | Down 4 qtrs in a row |
| UNITED PARCEL SVCS INC | — | — | — | — | 2.66 | 3.03 | 3.06 | 2.95 | — |
| DAUCH CORP | 0.82 | 1.32 | 1.85 | 2.49 | 3.79 | 3.92 | 2.16 | 2.92 | — |
| USA TODAY CO INC | 4.35 | 5.18 | 3.57 | 4.99 | 5.16 | 6.18 | 3.62 | 2.83 | Down 2 qtrs in a row |
| VIATRIS INC | 4.06 | 3.29 | 2.46 | 2.35 | 2.25 | 2.72 | 2.58 | 2.75 | Up 2 qtrs in a row |
| CTO RLTY GROWTH INC NEW | 4.12 | 3.23 | 3.38 | 2.92 | 2.57 | 2.82 | 2.68 | 2.74 | — |
| JELD-WEN HLDG INC | — | — | 2.11 | 3.12 | 3.73 | 3.58 | 2.14 | 2.53 | Up 6 qtrs in a row |
Weights are shares of each quarter's total 13F stock holdings; "—" means not held or outside the tracked set. Earlier quarters track only the top 200 holdings by value. The trend is based on share counts, not price, and does not adjust for stock splits.
13F filings are published up to 45 days after quarter-end and do not show short positions. This page includes only stock holdings from the filing and excludes options and bonds. The data on this page is for reference and is not investment advice.
Other Gurus
Warren Buffett · Ken Griffin · Jim Simons · Chase Coleman · Leopold Aschenbrenner · Duan Yongping · Bill Ackman · Terry Smith · Thomas Gayner · Carl Icahn · David Tepper · Seth Klarman · Dan Loeb · Stanley Druckenmiller · Nelson Peltz · Howard Marks · Li Lu · Leon Cooperman · Prem Watsa · Mohnish Pabrai · Charlie Munger · Michael Burry
All Guru Trades →