13F filing recap · Q4 2020

What did Miller Value Partners buy in Q4 2020?

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

Stock value

$2.96B

Positions

Estimated turnover

47.8%

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

DMDesktop Metal, Inc.$125.66Mreported value+7.91M shares NCLHNorwegian Cruise Line Holdings Ltd.$66.39Mreported value+2.61M shares WGHTQWw International Inc$63.82Mreported value+2.62M shares NFLXNetflix, Inc.$35.29Mreported value+65.3K shares FANGDiamondback Energy, Inc.$28.12Mreported value+581.0K shares INAQInsu Acquisition Corp. II$11.66Mreported value+749.8K shares MSTRStrategy Inc$1.36Mreported value+3.5K shares ARLPAlliance Resource Partners LP$1.23Mreported value+275.0K shares RVLVRevolve Group, Inc.$623.0Kreported value+20.0K shares CMPSCompass Pathways Plc$381.0Kreported value+8.0K shares OPENOpendoor Technologies Inc.$295.0Kreported value+13.0K shares UNMUnum Group$253.0Kreported value+11.1K shares BKDBrookdale Senior Living Inc.$44.0Kreported value+10.0K shares CDEVCentennial Resource Development Inc$30.0Kreported value+20.0K shares

Increased positions

OMFOnemain Holdings, Inc.$116.43Mreported value+12.4K shares+0.5%METAMeta Platforms, Inc.$96.82Mreported value+1.7K shares+0.5%BABAAlibaba Group Holding Limited$91.74Mreported value+28.7K shares+7.9%VRMVroom, Inc.$85.64Mreported value+920.2K shares

Reduced positions

FTCHFarfetch Limited$154.06Mreported value-4.82M shares-66.6%DXCDxc Technology Co$137.94Mreported value-40.8K shares-0.8%AMZNAmazon.com Inc$128.10Mreported value-9.8K shares-20.0%SFIXStitch Fix, Inc.$124.34Mreported value-497.8K shares

Exited positions

LENLennar Corp /new/$44.62Mprior reported value-545.8K shares-100.0%NXPINxp Semiconductors N.v.$42.14Mprior reported value-337.6K shares-100.0%RHRh$34.31Mprior reported value-89.7K shares-100.0%MEDMedifast, Inc.$33.81Mprior reported value-205.6K shares