13F filing recap · Q3 2021

What did Miller Value Partners buy in Q3 2021?

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

Stock value

$2.94B

Positions

Estimated turnover

26.6%

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

HLFHerbalife Ltd.$70.92Mreported value+1.67M shares MTTRMatterport Inc$65.99Mreported value+3.49M shares OGNOrganon & Co.$5.08Mreported value+155.0K shares TTTProshares Trust$1.09Mreported value+33.2K shares SPYSPDR S&P 500 ETF Trust$509.0Kreported value+1.2K shares SHPWShapeways Holdings Inc$393.0Kreported value+51.0K shares WSUPWWheels Up Experience Inc$317.0Kreported value+250.0K shares EDUNew Oriental Education & Technology Group Inc.$41.0Kreported value+20.0K shares TLMDSoc Telemed Inc$23.0Kreported value+10.0K shares TMCWWTmc the Metals Co Inc.$10.0Kreported value+10.0K shares

Increased positions

BABAAlibaba Group Holding Limited$93.68Mreported value+51.3K shares+8.8%DALDelta Air Lines, Inc.$68.96Mreported value+182.8K shares+12.7%WGHTQWw International Inc$67.59Mreported value+886.8K shares+31.5%TUPTupperware Brands Corp$64.97Mreported value+2.30M shares

Reduced positions

AMZNAmazon.com Inc$119.10Mreported value-3.8K shares-9.6%DXCDxc Technology Co$117.95Mreported value-1.04M shares-22.9%SPLKSplunk Inc.$109.23Mreported value-142.9K shares-15.9%GOOGLAlphabet Inc.$106.49Mreported value-1.3K shares

Exited positions

DMDesktop Metal, Inc.$58.55Mprior reported value-5.09M shares-100.0%BAThe Boeing Company$48.19Mprior reported value-201.2K shares-100.0%COINCoinbase Global, Inc.$30.70Mprior reported value-121.2K shares-100.0%BIIBBiogen Inc.$27.53Mprior reported value-79.5K shares