Miller Investment Management, LP
Miller Investment Management, LP is an SEC-registered investment adviser headquartered in Conshohocken, Pennsylvania. Founded in 2005, the firm manages global multi-asset-class public securities portfolios and also sponsors private equity and real estate investment partnerships. The firm serves a broad client base including individuals, family offices, and institutional investors, with a team of approximately 23 employees as of 2024.
Investment Strategy
Miller Investment Management employs a global, multi-asset-class approach, managing public securities portfolios diversified across geographies and asset types. The firm offers customized ESG investment solutions, including strategies aligned with diversity, equity, and inclusion objectives upon client request. In addition to public markets, Miller manages private equity partnerships focusing on growth capital investments since 2007 and directs commercial real estate investments through its affiliate since 2009. Their investment philosophy centers on flexibility, diversification, and alignment of strategies with each client's specific financial goals.
Latest 13F Filing Activity
Miller Investment Management, LP filed their most recent 13F report on Jun 30, 2025 disclosing 94 equity positions with a total 13F market value of $952M. The fund increased holdings in SPDR S&P 500 Etf TR, Meta Platforms Inc., Vaneck Vectors Etf TR among other positions. Miller Investment Management, LP reduced exposure to Berkshire Hathaway Inc. Del, Vaneck Etf Trust, Vaneck Etf Trust among others.
Top Holdings
Equity Positions (94)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | 20.45% | $194.8M | 315,237 | $243.19 | $617.85 | +$17.6M |
B BILS | SPDR SER TR | 11.57% | $110.2M | 1,108,066 | $99.37 | $99.43 | -$32.5K |
| BERKSHIRE HATHAWAY INC DEL | 8.43% | $80.3M | 165,240 | $327.34 | $485.77 | -$8.5M | |
E EFA | ISHARES TR | 7.70% | $73.3M | 820,370 | $67.71 | $89.39 | +$5.5M |
V VGSH | VANGUARD SCOTTSDALE FDS | 6.39% | $60.8M | 1,034,743 | $58.16 | $58.78 | +$660.9K |
Industry Allocation
Investment Team (2)
| Name | Role | Location | |
|---|---|---|---|
 | Analyst | New York, NY , United States | |
S Scott Miller | Managing Partner | Conshohocken, PA , United States |