13F filing recap · Q4 2022

What did Miller Value Partners buy in Q4 2022?

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

Stock value

$1.55B

Positions

Estimated turnover

28.4%

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

TNLTravel & Leisure Co.$36.44Mreported value+1.00M shares MEDMedifast, Inc.$3.63Mreported value+31.5K shares MHOM/i Homes, Inc.$1.94Mreported value+41.9K shares BLDRBuilders Firstsource, Inc.$1.39Mreported value+21.5K shares LYBLyondellbasell Industries N.v.$664.2Kreported value+8.0K shares BZHBeazer Homes Usa, Inc.$638.0Kreported value+50.0K shares ATKRAtkore Inc.$567.1Kreported value+5.0K shares BVHBluegreen Vacations Holding Corporation$249.6Kreported value+10.0K shares LADLithia Motors, Inc.$204.7Kreported value+1.0K shares

Increased positions

GOOSCanada Goose Holdings Inc.$39.80Mreported value+1.23M shares+122.6%EXEChesapeake Energy Corporation$36.16Mreported value+333.2K shares+666.4%SPLKSplunk Inc.$33.47Mreported value+72.2K shares+22.8%FTCHFarfetch Limited$32.41Mreported value+1.15M shares

Reduced positions

OVVOvintiv Inc.$74.01Mreported value-489.7K shares-25.1%OMFOnemain Holdings, Inc.$69.94Mreported value-36.8K shares-1.7%EXPEExpedia Group, Inc.$68.97Mreported value-14.0K shares-1.7%TMHCTaylor Morrison Home Corp$65.29Mreported value-253.2K shares

Exited positions

FANGDiamondback Energy, Inc.$35.61Mprior reported value-295.7K shares-100.0%VNTVontier Corporation$26.49Mprior reported value-1.59M shares-100.0%BACBank of America Corp$12.78Mprior reported value-423.3K shares-100.0%BHCBausch Health Companies Inc.$10.72Mprior reported value-1.56M shares