13F filing recap · Q2 2019

What did Miller Value Partners buy in Q2 2019?

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

Stock value

$2.50B

Positions

Estimated turnover

22.1%

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

TVTYTivity Health Inc.$44.27Mreported value+2.69M shares CVSCVS Health Corp$41.39Mreported value+759.6K shares EBEventbrite Inc$26.82Mreported value+1.66M shares CHSChico'S Fas, Inc.$3.88Mreported value+1.15M shares ANFAbercrombie & Fitch Co.$3.21Mreported value+200.0K shares SCUOch-Ziff Capital Management Group LLC (sculptor Capital Management)$2.74Mreported value+119.5K shares CHAPQChaparral Energy Inc$917.0Kreported value+194.6K shares GRUBGrubhub Inc.$702.0Kreported value+9.0K shares XOGExtraction Oil & Gas, Inc.$346.0Kreported value+80.0K shares ARAntero Resources Corporation$191.0Kreported value+34.5K shares OBEObsidian Energy Ltd.$27.0Kreported value+22.5K shares

Increased positions

RHRh$106.92Mreported value+2.7K shares+0.3%ADTAdt Inc.$99.11Mreported value+4.86M shares+42.8%METAMeta Platforms, Inc.$86.53Mreported value+310 shares+0.1%BHFBrighthouse Financial, Inc.$84.07Mreported value+4.9K shares

Reduced positions

AMZNAmazon.com Inc$136.04Mreported value-4.9K shares-6.4%BHCBausch Health Companies Inc.$117.25Mreported value-124.2K shares-2.6%OMFOnemain Holdings, Inc.$103.46Mreported value-116.6K shares-3.7%JPMJPMorgan Chase & Co$78.93Mreported value-61.4K shares

Exited positions

AGNAllergan Plc$40.80Mprior reported value-278.7K shares-100.0%CELGCelgene Corporation$39.93Mprior reported value-423.3K shares-100.0%EIGIEndurance International Group Holdings Inc$25.56Mprior reported value-3.53M shares-100.0%RITMRithm Capital Corp.$5.98Mprior reported value