13F filing recap · Q2 2020

What did Miller Value Partners buy in Q2 2020?

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

Stock value

$2.25B

Positions

Estimated turnover

25.1%

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

WDAYWorkday, Inc.$39.21Mreported value+209.3K shares VRMVroom, Inc.$32.62Mreported value+625.6K shares COFCapital One Financial Corp$25.28Mreported value+403.9K shares GEOThe Geo Group, Inc.$9.29Mreported value+785.0K shares AVIDAvid Technology Inc$4.99Mreported value+686.3K shares LAZLazard, Inc.$3.44Mreported value+120.0K shares NBRNabors Industries Ltd$1.26Mreported value+34.1K shares JDJd.com, Inc.$644.0Kreported value+10.7K shares ZDZiff Davis, Inc.$632.0Kreported value+10.0K shares EBAYEbay Inc.$524.0Kreported value+10.0K shares CXWCorecivic, Inc.$328.0Kreported value+35.0K shares ERFEnerplus Corp$28.0Kreported value+10.0K shares

Increased positions

FTCHFarfetch Limited$141.81Mreported value+309.4K shares+3.9%AMZNAmazon.com Inc$140.85Mreported value+4.0K shares+8.5%ADTAdt Inc.$118.43Mreported value+167.6K shares+1.1%METAMeta Platforms, Inc.$80.62Mreported value+3.1K shares

Reduced positions

TEVATeva Pharmaceutical Industries Limited$96.80Mreported value-67.9K shares-0.9%MEDMedifast, Inc.$77.61Mreported value-152.3K shares-21.4%SFIXStitch Fix, Inc.$65.67Mreported value-105.2K shares-3.8%LENLennar Corp /new/$58.63Mreported value-320.9K shares

Exited positions

SDCCQSmiledirectclub Inc$9.37Mprior reported value-2.01M shares-100.0%TDAYUSA Today Co., Inc.$4.23Mprior reported value-2.86M shares-100.0%BGCPBgc Partners, Inc.$2.17Mprior reported value-859.2K shares-100.0%NBRNabors Industries Ltd$573.0Kprior reported value-1.47M shares