13F filing recap · Q3 2013

What did Miller Value Partners buy in Q3 2013?

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

Stock value

$1.62B

Positions

Estimated turnover

11.6%

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

IACPeople Inc.$18.56Mreported value+339.5K shares SSprint Corporation$4.98Mreported value+800.2K shares EARNEllington Credit Company$1.15Mreported value+75.0K shares CYSCys Investments Inc$870.0Kreported value+107.0K shares WINWindstream Holdings Inc$696.0Kreported value+87.0K shares

Increased positions

GNWGenworth Financial, Inc.$73.91Mreported value+28.1K shares+0.5%MTGMgic Investment Corp$64.29Mreported value+193.7K shares+2.2%BACBank of America Corp$54.69Mreported value+136.0K shares+3.6%BYDBoyd Gaming Corp$51.27Mreported value+124.4K shares

Reduced positions

DALDelta Air Lines, Inc.$64.10Mreported value-125.5K shares-4.4%NFLXNetflix, Inc.$63.00Mreported value-16.1K shares-7.3%GRPNGroupon, Inc.$62.01Mreported value-1.36M shares-19.7%PPandora Media LLC$48.37Mreported value-374.6K shares

Exited positions

SSprint Nextel Corporation$20.72Mprior reported value-2.95M shares-100.0%LEDRMarket Leader, Inc.$13.48Mprior reported value-1.26M shares-100.0%WINWindstream Holdings, Inc.$671.0Kprior reported value-87.0K shares-100.0%HIXWESTERN ASSET HIGH INC II$650.0Kprior reported value-70.5K shares