13F filing recap · Q4 2023

What did Miller Value Partners buy in Q4 2023?

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

Stock value

$163.26M

Positions

Estimated turnover

23.5%

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

CNCCentene Corporation$1.63Mreported value+22.0K shares BCCBoise Cascade Company$646.8Kreported value+5.0K shares

Increased positions

BFHBread Financial Holdings, Inc.$10.14Mreported value+88.6K shares+40.4%TAT&T Inc.$9.26Mreported value+37.0K shares+7.2%NBRNabors Industries Ltd$5.36Mreported value+17.0K shares+34.9%WIREEncore Wire Corporation$5.19Mreported value+4.3K shares

Reduced positions

WALWestern Alliance Bancorporation$11.49Mreported value-8.5K shares-4.6%JXNJackson Financial Inc.$10.23Mreported value-20.8K shares-9.4%QUADQuad/graphics, Inc.$8.68Mreported value-3.2K shares-0.2%BKEBuckle, Inc$7.84Mreported value-24.7K shares

Exited positions

RILYBrc Group Holdings, Inc.$4.73Mprior reported value-115.3K shares-100.0%OGNOrganon & Co.$4.72Mprior reported value-272.0K shares-100.0%CHSChico'S Fas, Inc.$3.40Mprior reported value-454.3K shares-100.0%EXEChesapeake Energy Corporation$2.52Mprior reported value-29.2K shares