13F filing recap · Q1 2019

What did Miller Value Partners buy in Q1 2019?

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

Stock value

$2.52B

Positions

100

Estimated turnover

16.0%

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

BIDUBaidu, Inc.$29.53Mreported value+179.2K shares PBIPitney Bowes Inc$16.39Mreported value+2.39M shares GTYHGty Technology Holdings Inc$16.30Mreported value+1.85M shares UPROProshares Trust$7.17Mreported value+145.6K shares QUADQuad/graphics, Inc.$3.09Mreported value+260.0K shares MAXRMaxar Technologies Inc$635.0Kreported value+158.0K shares TNADirexion Shares ETF Trust$611.0Kreported value+10.0K shares NAILDirexion Shares ETF Trust$411.0Kreported value+11.0K shares DBDDiebold Nixdorf, Incorporated$387.0Kreported value+35.0K shares GTYHGty Technology Holdings Inc$373.0Kreported value+617.9K shares WDCWestern Digital Corporation$341.0Kreported value+7.1K shares SIGSignet Jewelers Limited$285.0Kreported value+10.5K shares CVNACarvana Co.$232.0Kreported value+4.0K shares

Increased positions

BHFBrighthouse Financial, Inc.$82.98Mreported value+237.8K shares+11.6%AVPAvon Products, Inc.$82.53Mreported value+311.5K shares+1.1%MUMicron Technology, Inc.$77.71Mreported value+1.17M shares+166.2%NXPINxp Semiconductors N.v.$75.56Mreported value+23.1K shares

Reduced positions

AMZNAmazon.com Inc$136.65Mreported value-2.7K shares-3.4%BHCBausch Health Companies Inc.$117.90Mreported value-29.4K shares-0.6%OMFOnemain Holdings, Inc.$100.86Mreported value-9.7K shares-0.3%RHRh$94.94Mreported value-63.4K shares

Exited positions

GTYHUGty Technology Holdings Inc$18.72Mprior reported value-1.85M shares-100.0%TUPTupperware Brands Corp$9.61Mprior reported value-304.4K shares-100.0%PAHElement Solutions Inc$5.42Mprior reported value-525.0K shares-100.0%SPYSPDR S&P 500 ETF Trust$5.30Mprior reported value