Miller Value Partners, LLC
Miller Value Partners, LLC is an independent investment management firm based in Baltimore, Maryland. The firm was founded by renowned investor Bill Miller in 1999 and serves a broad client base including individuals, institutions, and retirement plans. It is known for its value investing tradition and focuses on both traditional mutual funds and separately managed accounts. With an experienced team, the firm manages multi-billion dollar assets and leverages deep research to serve clients seeking long-term capital appreciation.
Investment Strategy
Miller Value Partners pursues a value investing strategy centered around the disciplined purchase of securities trading below intrinsic value. The firm employs rigorous fundamental analysis to identify investment opportunities across sectors and market capitalizations, often with a contrarian perspective. Its philosophy emphasizes long-term growth and capital appreciation, coupled with a patient approach seeking to benefit from market inefficiencies while avoiding short-term market noise.
Top Holdings
Equity Positions (33)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
L LNC | LINCOLN NATL CORP IND | 8.36% | $19.7M | 569,480 | $32.01 | $34.60 | +$1.1M |
B BFH | BREAD FINANCIAL HOLDINGS INC | 7.94% | $18.7M | 327,385 | $39.13 | $57.12 | +$3.2M |
N NBR | NABORS INDUSTRIES LTD | 7.42% | $17.5M | 624,100 | $46.33 | $28.02 | +$1.3M |
G GTN | GRAY MEDIA INC | 7.01% | $16.5M | 3,647,805 | $4.38 | $4.53 | +$1.1M |
Q QUAD | QUAD / GRAPHICS INC | 6.50% | $15.3M | 2,710,380 | $5.05 | $5.65 | +$1.3M |