13F filing recap · Q1 2013

What did Miller Value Partners buy in Q1 2013?

Reported stock-position changes between this filing and the previous one.

Stock value

$1.26B

Positions

Estimated turnover

12.8%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

RDNRadian Group Inc$16.14Mreported value+1.51M shares DNDNDendreon Corporation$11.11Mreported value+2.35M shares MRVLMarvell Technology, Inc.$9.02Mreported value+853.3K shares NRFNorthstar Realty Finance Corp.$6.69Mreported value+706.0K shares NCTNewcastle Investment Corp$3.44Mreported value+308.3K shares

Increased positions

GRPNGroupon, Inc.$41.13Mreported value+3.4K shares+0.1%STXSeagate Technology Holdings Plc$35.10Mreported value+800 shares+0.1%AAPLApple Inc.$30.70Mreported value+5.4K shares+8.4%BBYBest Buy Co., Inc.$28.50Mreported value+274.3K shares

Reduced positions

GNWGenworth Financial, Inc.$56.06Mreported value-154.5K shares-2.7%UALUnited Airlines Holdings, Inc.$51.22Mreported value-104.9K shares-6.2%NFLXNetflix, Inc.$48.59Mreported value-63.1K shares-19.7%PHMPultegroup, Inc.$48.59Mreported value-369.8K shares

Exited positions

CLWRClearwire Corporation$12.12Mprior reported value-4.19M shares-100.0%