Hedge fund
Bill Miller
Miller Value Partners
Holdings as of Q1 2026
Quarter
Q1-2026
Market value
$383.2M
Positions
55
Concentration
Balanced
Top holding
10%NBR
Top 5
34%of book
Top 10
52%of book
Top 5
6 – 10
Tail
Top 5
6 – 10
Tail
| Holding | Weightshares held per quarter · hover for change | Q/Q change | Value | |
|---|---|---|---|---|
| 1 | NABORSNBR | 9.98% | ↘Reduced 26.26% | 444.4K shares · $86.06 $38.2M |
| 2 | CRESCENT ENERGYCRGY | 7.06% | ↗Buy | 2.0M shares · $13.50 $27.0M |
| 3 | GRAY TELEVISIONGTN | 6.08% | ↗Added 34.64% | 5.4M shares · $4.34 $23.3M |
| 4 | LINCOLN NATL CORP INDLNC | 5.29% | ↗Added 13.06% | 570.7K shares · $35.50 $20.3M |
| 5 | SPDR SP 500 ETF TRSPY | 5.10% | ↗Added 49.76% | 30.0K shares · $650.34 $19.5M |
| 6 | QUAD / GRAPHICSQUAD | 4.57% | ↘Reduced 3.17% | 2.7M shares · $6.61 $17.5M |
| 7 | BREAD FINANCIALBFH | 3.79% | ↘Reduced 3.83% | 193.7K shares · $74.89 $14.5M |
| 8 | GANNETTGCI | 3.62% | ↗Added 15.73% | 2.0M shares · $7.05 $13.9M |
| 9 | CONDUENTCNDT | 3.35% | ↘Reduced 10.23% | 10.0M shares · $1.28 $12.8M |
| 10 | UNITED PARCEL SERVICEUPS | 3.06% | ↗Added 37.54% | 119.1K shares · $98.38 $11.7M |
| 11 | BLOOMIN BRANDSBLMN | 2.87% | ↗Buy | 2.0M shares · $5.40 $11.0M |
| 12 | FOSSILFOSL | 2.73% | ↘Reduced 23.84% | 2.4M shares · $4.31 $10.5M |
| 13 | CTO RLTY GROWTH NEWCTO | 2.68% | ↗Added 28.08% | 556.1K shares · $18.49 $10.3M |
| 14 | ITURAN LOCATION AND CONTROLITRN | 2.61% | ↘Reduced 5.16% | 203.9K shares · $49.01 $10.0M |
| 15 | VIATRISVTRS | 2.58% | ↗Added 18.20% | 731.7K shares · $13.51 $9.9M |
| 16 | CHORD ENERGY CorpCHRD | 2.57% | ↗Added 20.02% | 69.3K shares · $142.18 $9.9M |
| 17 | JACKSON FINANCIALJXN | 2.23% | ↘Reduced 6.35% | 80.7K shares · $105.72 $8.5M |
| 18 | VERIZON COMMUNICATIONSVZ | 2.20% | ↘Reduced 15.15% | 168.0K shares · $50.20 $8.4M |
| 19 | AMERICAN AXLE MFG HLDGS INAXL | 2.16% | ↘Reduced 19.53% | 1.4M shares · $5.93 $8.3M |
| 20 | JELD-WEN HLDGJELD | 2.14% | ↗Added 6.75% | 6.6M shares · $1.24 $8.2M |
| 21 | MICROSTRATEGYMSTR | 1.70% | ↗Added 106.17% | 52.1K shares · $124.80 $6.5M |
| 22 | ALLIANCE RESOURCE PARTNERS LARLP | 1.34% | ↗Added 40.35% | 185.3K shares · $27.65 $5.1M |
| 23 | Millrose Properties (MRP)MRP | 1.32% | ↗Added 118.36% | 180.8K shares · $28.00 $5.1M |
| 24 | CAL MAINE FOODSCALM | 1.28% | 62.0K shares · $79.15 $4.9M | |
| 25 | ARBOR REALTY TRUSTABR | 1.22% | ↗Buy | 604.0K shares · $7.71 $4.7M |
| 26 | ONEMAIN HLDGSOMF | 1.16% | 82.9K shares · $53.49 $4.4M | |
| 27 | UGI CORP NEWUGI | 1.15% | ↘Reduced 53.82% | 121.0K shares · $36.42 $4.4M |
| 28 | BRISTOL-MYERS SQUIBB COMBMY | 1.10% | ↘Reduced 35.65% | 69.5K shares · $60.65 $4.2M |
| 29 | WESTERN ALLIANCE BANCORPWAL | 1.02% | ↘Reduced 14.28% | 55.3K shares · $70.85 $3.9M |
| 30 | BUILD-A-BEAR WORKSHOPBBW | 1.01% | ↗Added 32.99% | 103.7K shares · $37.45 $3.9M |
| 31 | MERCADOLIBREMELI | 1.00% | ↗Buy | 2.2K shares · $1729.02 $3.8M |
| 32 | CROCSCROX | 0.84% | ↗Added 88.04% | 38.5K shares · $83.02 $3.2M |
| 33 | FIGURE TECHNOLOGY SOLUTIOFIGR | 0.81% | ↗Buy | 91.0K shares · $33.95 $3.1M |
| 34 | LYONDELLBASELL NLYB | 0.80% | 38.0K shares · $80.56 $3.1M | |
| 35 | ZIFF DAVISZD | 0.75% | ↗Buy | 68.1K shares · $41.96 $2.9M |
| 36 | BOISE CASCADEBCC | 0.73% | 37.0K shares · $75.85 $2.8M | |
| 37 | RESIDEO TECHNOLOGIESREZI | 0.61% | ↗Buy | 69.8K shares · $33.71 $2.4M |
| 38 | CITI TRENDSCTRN | 0.61% | ↗Buy | 53.8K shares · $43.32 $2.3M |
| 39 | UPBOUNDUPBD | 0.57% | ↗Added 71.43% | 120.0K shares · $18.05 $2.2M |
| 40 | AIRBNBABNB | 0.53% | ↗Added 168.90% | 16.1K shares · $126.28 $2.0M |
| 41 | CARLYLECG | 0.51% | 40.0K shares · $48.39 $1.9M | |
| 42 | MAPLEBEARCART | 0.45% | ↗Buy | 45.6K shares · $37.46 $1.7M |
| 43 | BUILDERS FIRSTSOURCEBLDR | 0.41% | ↘Reduced 3.11% | 18.9K shares · $82.33 $1.6M |
| 44 | PERDOCEO ED CORPPRDO | 0.39% | ↗Added 15.41% | 40.4K shares · $37.21 $1.5M |
| 45 | SHIFT4 PMTSFOUR | 0.34% | ↗Buy | 30.0K shares · $43.73 $1.3M |
| 46 | COUPANGCPNG | 0.31% | ↗Buy | 62.5K shares · $18.88 $1.2M |
| 47 | PINTERESTPINS | 0.29% | ↗Buy | 60.0K shares · $18.34 $1.1M |
| 48 | MASTERBRANDMBC | 0.23% | ↘Reduced 0.14% | 104.9K shares · $8.31 $871,337 |
| 49 | VROOMVRM | 0.20% | ↗Buy | 58.5K shares · $13.31 $778,475 |
| 50 | PORTILLOSPTLO | 0.18% | ↗Buy | 129.3K shares · $5.29 $684,119 |
| 51 | LITHIA MTRSLAD | 0.17% | ↗Added 32.70% | 2.7K shares · $249.72 $662,757 |
| 52 | SHARKNINJASN | 0.16% | ↗Buy | 5.8K shares · $105.90 $611,572 |
| 53 | UNITED NAT FOODSUNFI | 0.06% | ↘Reduced 58.42% | 5.3K shares · $45.06 $236,565 |
| 54 | TECHNIPFMCFTI | 0.06% | ↘Reduced 57.79% | 3.2K shares · $69.13 $219,142 |
| 55 | TUTOR PERINI CORPTPC | 0.06% | ↘Reduced 58.99% | 2.8K shares · $77.19 $215,746 |
| 55 positions | 100.00% | $383.2M |