Miller Value Partners, LLC reported 55 positions worth $398.47M for the quarter ended Jun 30, 2026, up 9.6% on the prior quarter. It opened 3 new positions, added to 20, trimmed 22 and exited 2. Its largest holding is Nabors Industries Ltd at 9.4% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| COTY Coty Inc. | +3.92M | – | $8.46M | 2.12% |
| GTN Gray Media, Inc | +1.87M | +34.9% | $7.44M | 7.22% |
| BLMN Bloomin' Brands, Inc. | +549.2K | +27.0% | $5.02M | 5.93% |
| DCH Dauch Corp | +886.2K | +63.5% | $4.80M | 3.1% |
| CNDT CONDUENT Inc | +2.96M | +29.6% | $4.32M | 4.76% |
| META Meta Platforms, Inc. | +6,412 | – | $3.61M | 0.906% |
| UPBD Upbound Group, Inc. | +138.0K | +115.0% | $2.93M | 1.37% |
| AMP Ameriprise Financial Inc | +4,428 | – | $2.03M | 0.51% |
| MRP Millrose Properties, Inc. | +48.5K | +26.8% | $1.46M | 1.73% |
| LNC Lincoln National Corp | +32.5K | +5.7% | $1.15M | 5.35% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| BFH Bread Financial Holdings, Inc. | -60.9K | -31.4% | $6.60M | 3.61% |
| TDAY USA TODAY Co., Inc. | -568.2K | -28.9% | $4.86M | 3.01% |
| ITRN Ituran Location & Control Ltd. | -70.2K | -34.4% | $4.28M | 2.05% |
| CROX Crocs, Inc. | -9,692 | -25.1% | $1.17M | 0.874% |
| FOSL Fossil Group, Inc. | -281.7K | -11.6% | $1.17M | 2.23% |
| WAL Western Alliance Bancorporation | -13.5K | -24.4% | $1.11M | 0.861% |
| ABNB Airbnb, Inc. | -7,213 | -44.7% | $1.03M | 0.32% |
| QUAD Quad/Graphics, Inc. | -112.7K | -4.3% | $950.40K | 5.37% |
| ZD Ziff Davis, Inc. | -17.5K | -25.6% | $914.17K | 0.665% |
| MBC MasterBrand, Inc. | -104.9K | -100.0% | $871.34K | Exited |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NBR Nabors Industries Ltd | Energy | 445.5K | $37.42M | 9.39% | +1,030 | +0.2% | Added | 2.79% |
| 2 | GTN Gray Media, Inc | Communication Services | 7.24M | $28.76M | 7.22% | +1.87M | +34.9% | Added | 7.78% |
| 3 | BLMN Bloomin' Brands, Inc. | Consumer Discretionary | 2.59M | $23.64M | 5.93% | +549.2K | +27.0% | Added | 3.02% |
| 4 | QUAD Quad/Graphics, Inc. | Communication Services | 2.54M | $21.40M | 5.37% | -112.7K | -4.3% | Reduced | 4.93% |
| 5 | LNC Lincoln National Corp | Financial Services | 603.2K | $21.32M | 5.35% | +32.5K | +5.7% | Added | 0.31% |
| 6 | CRGY Crescent Energy Co | Energy | 2.09M | $20.55M | 5.16% | +89.5K | +4.5% | Added | 0.63% |
| 7 | CNDT CONDUENT Inc | Industrials | 12.99M | $18.96M | 4.76% | +2.96M | +29.6% | Added | 8.35% |
| 8 | BFH Bread Financial Holdings, Inc. | Financial Services | 132.8K | $14.39M | 3.61% | -60.9K | -31.4% | Reduced | 0.33% |
| 9 | UPS United Parcel Service Inc | Industrials | 116.0K | $12.47M | 3.13% | -3,105 | -2.6% | Reduced | 0.01% |
| 10 | DCH Dauch Corp | Consumer Discretionary | 2.28M | $12.37M | 3.1% | +886.2K | +63.5% | Added | 0.93% |
| 11 | TDAY USA TODAY Co., Inc. | Communication Services | 1.40M | $11.98M | 3.01% | -568.2K | -28.9% | Reduced | 0.95% |
| 12 | VTRS Viatris Inc | Healthcare | 733.2K | $11.64M | 2.92% | +1,488 | +0.2% | Added | 0.06% |
| 13 | CTO CTO Realty Growth, Inc. | Real Estate | 539.9K | $11.61M | 2.91% | -16.2K | -2.9% | Reduced | 1.44% |
| 14 | JELD JELD-WEN Holding, Inc. | Industrials | 7.14M | $10.71M | 2.69% | +519.2K | +7.8% | Added | 8.26% |
| 15 | FOSL Fossil Group, Inc. | Consumer Discretionary | 2.14M | $8.87M | 2.23% | -281.7K | -11.6% | Reduced | 3.67% |
Tip. Select a row to see that position’s full history at Miller Value Partners.
As of its Q2 2026 13F filing, Miller Value Partners, LLC’s five largest positions were Nabors Industries Ltd (NBR) at 9.4%, Gray Media, Inc (GTN) at 7.2%, Bloomin' Brands, Inc. (BLMN) at 5.9%, Quad/Graphics, Inc. (QUAD) at 5.4%, Lincoln National Corp (LNC) at 5.4% of the reported portfolio.
Miller Value Partners, LLC reported a 13F portfolio worth $398.47M across 55 positions for Q2 2026. That is up 9.6% from the previous quarter.
Its largest purchases by value were Coty Inc. ($8.46M), Gray Media, Inc ($7.44M), Bloomin' Brands, Inc. ($5.02M). It opened 3 new positions.
Its largest sales by value were Bread Financial Holdings, Inc. ($6.60M), USA TODAY Co., Inc. ($4.86M), Ituran Location & Control Ltd. ($4.28M). It exited 2 positions entirely.
From the Form 13F-HR reports Miller Value Partners, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.