1y return+32.7%S&P 500 +20.9%
3y return+76.9%S&P 500 +68.5%
5y return+28.4%S&P 500 +74.5%
10y return+260.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $360 against $357 in the S&P 500.2
Miller Value Partners, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| Nabors Industries LtdCUSIP G6359F137 | $37.4M | 8.8% | |
| GTNGray Media Inc | $28.8M | 6.8% | +34.9% |
| SPUUDirexion Shares Etf Trust | $24.6M | 5.8% | New |
| BLMNBloomin Brands Inc | $23.6M | 5.6% | +27.0% |
| QUADQuad / Graphics Inc | $21.4M | 5.1% | −4.3% |
| LNCLincoln Natl Corp Ind | $21.3M | 5.0% | +5.7% |
| CRGYCrescent Energy Company | $20.6M | 4.9% | +4.5% |
| CNDTConduent Inc | $19.0M | 4.5% | +29.6% |
| BFHBread Financial Holdings Inc | $14.4M | 3.4% | −31.4% |
| UPSUnited Parcel Svcs Inc | $12.5M | 2.9% | −2.6% |
| DCHDauch Corp | $12.4M | 2.9% | +63.5% |
| TDAYUsa Today Co Inc | $12.0M | 2.8% | −28.9% |
| VTRSViatris Inc | $11.6M | 2.8% | |
| CTOCto Rlty Growth Inc New | $11.6M | 2.7% | −2.9% |
| JELDJeld-wen Hldg Inc | $10.7M | 2.5% | +7.8% |
| FOSLFossil Group Inc | $8.9M | 2.1% | −11.6% |
| COTYCoty Inc | $8.5M | 2.0% | New |
| JXNJackson Financial Inc | $8.2M | 1.9% | |
| Ituran Location And ControlCUSIP M6158M104 | $8.2M | 1.9% | −34.4% |
| CHRDChord Energy Corporation | $7.9M | 1.9% | |
| VZVerizon Communications Inc | $7.1M | 1.7% | |
| MRPMillrose Pptys Inc | $6.9M | 1.6% | +26.8% |
| UPBDUpbound Group Inc | $5.5M | 1.3% | +115.0% |
| OMFOnemain Hldgs Inc | $5.1M | 1.2% | |
| CALMCal Maine Foods Inc | $5.0M | 1.2% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| TDAYUsa Today Co Inc | September 30, 2020 | +557.6% | $12.0M |
| ARLPAlliance Resource Partners L | December 31, 2020 | +435.3% | $4.5M |
| BFHBread Financial Holdings Inc | June 30, 2023 | +245.2% | $14.4M |
| QUADQuad / Graphics Inc | June 30, 2020 | +159.4% | $21.4M |
| OMFOnemain Hldgs Inc | June 30, 2020 | +148.5% | $5.1M |
| JXNJackson Financial Inc | December 31, 2021 | +144.8% | $8.2M |
| WALWestern Alliance Bancorp | March 31, 2023 | +131.3% | $3.4M |
| Nabors Industries LtdCUSIP G6359F137 | June 30, 2020 | +126.9% | $37.4M |
| FOSLFossil Group Inc | September 30, 2023 | +101.0% | $8.9M |
| Ituran Location And ControlCUSIP M6158M104 | September 30, 2025 | +70.8% | $8.2M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +5.1% | +14.8% |
| March 31, 2026 | +5.4% | −4.6% |
| December 31, 2025 | +5.4% | +2.4% |
| September 30, 2025 | +13.8% | +7.8% |
| June 30, 2025 | +1.2% | +10.5% |
| March 31, 2025 | −8.7% | −4.6% |
| December 31, 2024 | +8.6% | +2.1% |
| September 30, 2024 | +6.8% | +5.4% |
| June 30, 2024 | +1.7% | +4.0% |
| March 31, 2024 | +7.9% | +10.0% |
| December 31, 2023 | +10.9% | +11.2% |
| September 30, 2023 | +2.3% | −3.6% |
| June 30, 2023 | +12.1% | +8.3% |
| March 31, 2023 | +9.1% | +7.0% |
| December 31, 2022 | +4.7% | +7.1% |
| September 30, 2022 | −4.0% | −5.3% |
| June 30, 2022 | −23.1% | −16.5% |
| March 31, 2022 | −5.8% | −4.9% |
| December 31, 2021 | −5.0% | +10.7% |
| September 30, 2021 | −14.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Miller Value Partners, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1135778&type=13F-HR&dateb=&owner=include&count=40CIK 1135778
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1135778/000113577826000016/Filed August 14, 2026 · accession 0001135778-26-000016