13F filing recap · Q4 2013

What did Miller Value Partners buy in Q4 2013?

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

Stock value

$2.15B

Positions

104

Estimated turnover

27.1%

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

AALAmerican Airlines Group Inc.$62.37Mreported value+2.47M shares EBAYEbay Inc.$58.16Mreported value+1.06M shares OCIPOci Partners LP$31.46Mreported value+1.14M shares XONPrecigen Inc$27.92Mreported value+1.17M shares ZUZulily Inc$22.90Mreported value+552.6K shares LEAFSpringleaf Holdings Inc$14.46Mreported value+571.9K shares ESNTEssent Group Ltd.$10.92Mreported value+453.9K shares VRValidus Holdings, Ltd.$806.0Kreported value+20.0K shares MVCMvc Capital Inc$783.0Kreported value+58.0K shares LNCOEURLinn Co LLC$648.0Kreported value+21.0K shares BANXARROWMARK FINANCIAL CORP$590.0Kreported value+24.0K shares BCRHBlue Capital Reinsurance Holdings Ltd.$395.0Kreported value+21.5K shares KODKEastman Kodak Company$16.0Kreported value+773 shares KODKEastman Kodak Company$15.0Kreported value+773 shares

Increased positions

NRFNorthstar Realty Finance Corp.$72.26Mreported value+4.52M shares+532.9%NCTNewcastle Investment Corp$65.97Mreported value+9.25M shares+411.9%UALUnited Airlines Holdings, Inc.$64.52Mreported value+63.9K shares+3.9%PHMPultegroup, Inc.$63.51Mreported value+117.0K shares

Reduced positions

GNWGenworth Financial, Inc.$89.47Mreported value-13.2K shares-0.2%MTGMgic Investment Corp$74.44Mreported value-11.9K shares-0.1%DALDelta Air Lines, Inc.$74.30Mreported value-12.7K shares-0.5%NFLXNetflix, Inc.$64.98Mreported value-27.3K shares

Exited positions

LCCUS Airways Group Inc$47.23Mprior reported value-2.49M shares-100.0%BGMDBg Medicine Inc$630.0Kprior reported value-684.2K shares-100.0%PNNTPennantpark Investment Corporation$619.0Kprior reported value-54.9K shares-100.0%SUNSUSDSolar Senior Capital Ltd$532.0Kprior reported value