13F filing recap · Q3 2017

What did Miller Value Partners buy in Q3 2017?

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

Stock value

$2.17B

Positions

106

Estimated turnover

15.8%

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

MNKMallinckrodt Plc$40.73Mreported value+1.09M shares AEOAmerican Eagle Outfitters Inc$14.81Mreported value+1.04M shares RDFNRedfin Corporation$5.83Mreported value+232.2K shares BXUSDThe Blackstone Group L.p.$3.67Mreported value+110.0K shares ETPEnergy Transfer Partners, L.p.$2.19Mreported value+120.0K shares FTRCQFrontier Communications Corp$1.21Mreported value+102.6K shares FOSLFossil Group, Inc.$303.0Kreported value+32.4K shares CLFCleveland-Cliffs Inc.$236.0Kreported value+33.1K shares GMGeneral Motors Company$118.0Kreported value+2.9K shares CHKChesapeake Energy Corporation$71.0Kreported value+16.5K shares

Increased positions

GNWGenworth Financial, Inc.$72.53Mreported value+530.0K shares+2.9%ENDPEndo International Plc$64.04Mreported value+1.37M shares+22.4%FLFoot Locker Inc$44.86Mreported value+1.22M shares+2447.5%METAMeta Platforms, Inc.$38.52Mreported value+53.4K shares

Reduced positions

AMZNAmazon.com Inc$115.12Mreported value-1.7K shares-1.4%RHRh$114.86Mreported value-719.5K shares-30.6%OMFOnemain Holdings, Inc.$103.03Mreported value-61.4K shares-1.7%VRXValeant Pharmaceuticals International, Inc.$98.63Mreported value-128.1K shares

Exited positions

STXSeagate Technology Holdings Plc$20.63Mprior reported value-532.4K shares-100.0%CLNSColony Northstar Inc$4.78Mprior reported value-339.5K shares-100.0%FTAIFtai Aviation Ltd.$4.70Mprior reported value-294.8K shares-100.0%FSCFifth Street Finance Corp.$3.40Mprior reported value