13F filing recap · Q4 2017

What did Miller Value Partners buy in Q4 2017?

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

Stock value

$2.31B

Positions

107

Estimated turnover

17.9%

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

LUMNLumen Technologies, Inc.$46.48Mreported value+2.79M shares DISCADiscovery, Inc.$38.11Mreported value+1.70M shares SFIXStitch Fix, Inc.$36.01Mreported value+1.39M shares TEVATeva Pharmaceutical Industries Limited$9.78Mreported value+516.1K shares WDWalker & Dunlop, Inc.$9.50Mreported value+200.0K shares HCRSQHi-Crush Partners LP$3.96Mreported value+370.0K shares OCSLOaktree Specialty Lending Corporation$2.18Mreported value+445.0K shares EWJIshares, Inc.$1.05Mreported value+17.5K shares SVUSupervalu Inc$383.0Kreported value+17.8K shares ANIPAni Pharmaceuticals, Inc$322.0Kreported value+5.0K shares EXPRExpress, Inc.$210.0Kreported value+20.7K shares

Increased positions

OMFOnemain Holdings, Inc.$95.89Mreported value+34.8K shares+1.0%FLXNFlexion Therapeutics Inc$67.22Mreported value+1.50M shares+127.2%FLFoot Locker Inc$66.27Mreported value+139.9K shares+11.0%ENDPEndo International Plc$61.35Mreported value+439.6K shares

Reduced positions

VRXValeant Pharmaceuticals International, Inc.$140.23Mreported value-134.8K shares-2.0%AMZNAmazon.com Inc$138.16Mreported value-1.6K shares-1.3%RHRh$115.71Mreported value-291.2K shares-17.8%DALDelta Air Lines, Inc.$92.88Mreported value-23.6K shares

Exited positions

GILDGilead Sciences, Inc.$26.17Mprior reported value-323.0K shares-100.0%AEOAmerican Eagle Outfitters Inc$14.81Mprior reported value-1.04M shares-100.0%RDFNRedfin Corporation$5.83Mprior reported value-232.2K shares-100.0%MGPMgm Growth Properties LLC$1.13Mprior reported value-37.5K shares