13F filing recap · Q2 2018

What did Miller Value Partners buy in Q2 2018?

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

Stock value

$2.66B

Positions

109

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

ADTAdt Inc.$55.01Mreported value+6.36M shares BHFBrighthouse Financial, Inc.$33.28Mreported value+830.6K shares TUPTupperware Brands Corp$4.12Mreported value+100.0K shares NAILDirexion Shares ETF Trust$3.33Mreported value+60.0K shares NGLNgl Energy Partners LP$3.13Mreported value+250.0K shares RRDR.r. Donnelley & Sons Company$1.20Mreported value+208.5K shares OZMOch-Ziff Capital Management Group LLC (sculptor Capital Management)$579.0Kreported value+300.0K shares BBBYBed Bath & Beyond, Inc.$406.0Kreported value+20.4K shares LPLLg Display Co., Ltd.$129.0Kreported value+15.6K shares

Increased positions

GNWGenworth Financial, Inc.$95.77Mreported value+1.86M shares+9.6%LENLennar Corp /new/$73.16Mreported value+7.3K shares+0.5%LUMNLumen Technologies, Inc.$67.23Mreported value+39.3K shares+1.1%METAMeta Platforms, Inc.$65.09Mreported value+57.7K shares

Reduced positions

AMZNAmazon.com Inc$176.88Mreported value-9.5K shares-8.3%RHRh$162.16Mreported value-152.4K shares-11.6%VRXValeant Pharmaceuticals International, Inc.$116.18Mreported value-415.0K shares-7.7%OMFOnemain Holdings, Inc.$111.17Mreported value-272.3K shares

Exited positions

ATHNAthenahealth, Inc.$22.32Mprior reported value-156.1K shares-100.0%AIEURArlington Asset Investment Corp$4.42Mprior reported value-400.0K shares-100.0%BGCPBgc Partners, Inc.$3.04Mprior reported value-226.4K shares-100.0%KKRKkr & Co. Inc.$812.0Kprior reported value-40.0K shares