13F filing recap · Q2 2016

What did Miller Value Partners buy in Q2 2016?

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

Stock value

$1.55B

Positions

Estimated turnover

21.6%

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

ENDPEndo International Plc$27.21Mreported value+1.75M shares MGPMgm Growth Properties LLC$2.00Mreported value+75.0K shares AIEURArlington Asset Investment Corp$1.69Mreported value+130.0K shares

Increased positions

OMFOnemain Holdings, Inc.$64.68Mreported value+197.9K shares+7.5%VRXValeant Pharmaceuticals International, Inc.$40.41Mreported value+425.4K shares+26.9%TCAPTriangle Capital Corporation$3.57Mreported value+7.5K shares+4.2%CIMChimera Investment Corporation$3.30Mreported value

Reduced positions

QUOTQuotient Technology Inc$86.35Mreported value-267.5K shares-4.0%LENLennar Corp /new/$77.39Mreported value-236.7K shares-12.4%PHMPultegroup, Inc.$77.22Mreported value-641.4K shares-13.9%XONPrecigen Inc$75.60Mreported value-274.3K shares

Exited positions

KBHKb Home$54.51Mprior reported value-3.82M shares-100.0%GRPNGroupon, Inc.$26.43Mprior reported value-6.63M shares-100.0%GMGeneral Motors Company$16.74Mprior reported value-532.6K shares-100.0%HTSHatteras Financial Corp$2.86Mprior reported value-200.0K shares