MILLER VALUE PARTNERS, LLC

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
37
Quarter
2025 Q4
Top Holding
NBR (11.5%)
Top 10 Concentration
59.2%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 37
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
NBR
NABORS INDUSTRI...
Energy 11.53% 10.11% #1
Prev: #1
4.6 -70,358 -10.5%
P
S
602,737 $32,728,619 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LNC
LINCOLN NATL CO...
Financial Services 7.92% 7.72% #2
Prev: #2
3.2 -15,915 -3.1%
P
S
504,761 $22,477,007 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GTN
GRAY MEDIA INC
Communication Services 6.80% 7.56% #3
Prev: #3
4.8 430,280 12.1%
P
S
3,988,495 $19,304,316 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GCI
USA TODAY CO IN...
Unknown 6.18% 5.16% #4 2
Prev: #6
4.5 80 0.0%
P
S
3,403,345 $17,527,227 2019 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
QUAD
QUAD / GRAPHICS...
Industrials 6.05% 6.03% #5 1
Prev: #4
4.4 114,415 4.4%
P
S
2,737,890 $17,166,570 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BFH
BREAD FINANCIAL...
Financial Services 5.25% 5.53% #6 1
Prev: #5
2.2 -68,595 -25.4%
P
S
201,415 $14,910,752 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
FOSL
FOSSIL GROUP IN...
Consumer Cyclical 4.22% 3.14% #7 6
Prev: #13
1.7 -141,980 -4.3%
P
S
3,184,415 $11,973,400 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AXL
AMERICAN AXLE &...
Consumer Cyclical 3.92% 3.79% #8
Prev: #8
3.6 17,685 1.0%
P
S
1,734,780 $11,119,940 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CNDT
CONDUENT INC
Technology 3.78% 4.15% #9 2
Prev: #7
3.6 1,552,560 38.5%
P
S
5,583,385 $10,720,099 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
JELD
JELD-WEN HLDG I...
Industrials 3.58% 3.73% #10 1
Prev: #9
3.7 2,065,370 99.8%
P
S
4,134,210 $10,170,157 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
UGI
UGI CORP NEW
Utilities 3.46% 3.20% #11
Prev: #11
1.4 no change no change
P
S
262,000 $9,806,660 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ITRN
ITURAN LOCATION...
Technology 3.26% 2.82% #12 2
Prev: #14
1.3 no change no change
P
S
215,000 $9,247,150 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
JXN
JACKSON FINANCI...
Financial Services 3.24% 3.49% #13 3
Prev: #10
1.3 -7,675 -8.2%
P
S
86,150 $9,187,897 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UPS
UNITED PARCEL S...
Industrials 3.03% 2.66% #14 1
Prev: #15
1.2 no change no change
P
S
86,600 $8,589,854 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VZ
VERIZON COMMUNI...
Communication Services 2.84% 3.20% #15 3
Prev: #12
1.1 no change no change
P
S
198,000 $8,064,540 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CTO
CTO RLTY GROWTH...
Real Estate 2.82% 2.57% #16
Prev: #16
3.1 5,000 1.2%
P
S
434,145 $7,992,609 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
VTRS
VIATRIS INC
Healthcare 2.72% 2.25% #17 1
Prev: #18
1.1 no change no change
P
S
619,000 $7,706,550 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BMY
BRISTOL-MYERS S...
Healthcare 2.05% 1.79% #18 6
Prev: #24
0.8 no change no change
P
S
108,000 $5,825,520 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
OMF
ONEMAIN HLDGS I...
Financial Services 1.97% 1.91% #19 3
Prev: #22
0.8 -9,000 -9.8%
P
S
82,941 $5,602,665 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WAL
WESTERN ALLIANC...
Financial Services 1.91% 2.02% #20
Prev: #20
2.8 1,000 1.6%
P
S
64,455 $5,418,732 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CHRD
CHORD ENERGY CO...
Energy 1.89% 1.93% #21
Prev: #21
2.8 5,000 9.5%
P
S
57,766 $5,354,908 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CALM
CAL MAINE FOODS...
Consumer Defensive 1.74% 2.14% #22 3
Prev: #19
0.7 no change no change
P
S
62,000 $4,933,340 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BBW
BUILD-A-BEAR WO...
Consumer Cyclical 1.68% 2.35% #23 6
Prev: #17
0.7 -20,000 -20.4%
P
S
78,000 $4,779,060 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
STLA
STELLANTIS N.V
Consumer Cyclical 1.65% 1.34% #24 2
Prev: #26
2.7 39,000 10.0%
P
S
429,000 $4,671,810 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MSTR
STRATEGY INC
Technology 1.35% 1.81% #25 2
Prev: #23
2.7 10,000 65.6%
P
S
25,250 $3,836,737 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BKE
BUCKLE INC
Consumer Cyclical 0.00% 1.55%
Sold All 😨
(Was: #25)
0.3 -72,000 -100.0%
CLOSED
$— 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SMLR
SEMLER SCIENTIF...
Healthcare 0.00% 0.58%
Sold All 😨
(Was: #32)
0.3 -53,000 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TTE
TOTALENERGIES S...
Energy 0.00% 0.17%
Sold All 😨
(Was: #34)
0.3 -7,650 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 37 holdings

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