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← Bill Miller

Bill Miller's 2025Q2 portfolio

Bill Miller (Miller Value Partners) held 28 positions as of Jun 30, 2025, with the largest position at 8.4% of the portfolio.

Showing positions still held at the most recent quarter so their historical weights can be reconstructed. Positions that were held in 2025Q2but have since been exited aren't included in this table — for a full point-in-time reconstruction, use the SEC EDGAR filing directly.

Holdings as of Jun 30, 2025 (28)

  1. 1LNCLincoln National Corp
    % port
    8.4%
    -0.1pp vs prior Qnow 5.3%
  2. 2BFHBread Financial Holdings Inc
    % port
    7.9%
    +0.9pp vs prior Qnow 3.8%
  3. 3NBRNabors Industries Ltd
    % port
    7.4%
    now 10.0%
  4. 4GTNGray Media Inc
    % port
    7.0%
    now 6.1%
  5. 5QUADQuad Graphics Inc
    % port
    6.5%
    +0.1pp vs prior Qnow 4.6%
  6. 6TDAYUsa Today CO Inc
    % port
    5.0%
    +1.4pp vs prior Qnow 3.6%
  7. 7JXNJackson Financial Inc-a
    % port
    4.7%
    now 2.2%
  8. 8UGIUgi Corp
    % port
    4.5%
    +0.1pp vs prior Qnow 1.1%
  9. 9VZVerizon Communications Inc
    % port
    3.6%
    -0.5pp vs prior Qnow 2.2%
  10. 10OMFOnemain Holdings Inc
    % port
    3.6%
    +0.3pp vs prior Qnow 1.2%
  11. 11JELDJeld-wen Holding Inc
    % port
    3.1%
    +1.0pp vs prior Qnow 2.1%
  12. 12CNDTConduent Inc
    % port
    3.1%
    +0.8pp vs prior Qnow 3.3%
  13. 13CTOCto Realty Growth Inc
    % port
    2.9%
    -0.5pp vs prior Qnow 2.7%
  14. 14WALWestern Alliance Bancorp
    % port
    2.8%
    -0.2pp vs prior Qnow 1.0%
  15. 15MSTRStrategy Inc
    % port
    2.6%
    +0.6pp vs prior Qnow 1.7%
  16. 16DCHDauch Corporation
    % port
    2.5%
    +0.6pp vs prior Qnow 2.2%
  17. 17VTRSViatris Inc
    % port
    2.3%
    -0.1pp vs prior Qnow 2.6%
  18. 18BBWBuild-a-bear Workshop Inc
    % port
    2.3%
    +0.6pp vs prior Qnow 1.0%
  19. 19FOSLFossil Group Inc
    % port
    2.2%
    +0.6pp vs prior Qnow 2.7%
  20. 20CHRDChord Energy Corp
    % port
    2.2%
    -0.5pp vs prior Qnow 2.6%
  21. 21BMYBristol-myers Squibb CO
    % port
    2.1%
    -0.9pp vs prior Qnow 1.1%
  22. 22CGCarlyle Group Inc/the
    % port
    1.5%
    +0.1pp vs prior Qnow 0.5%
  23. 23BCCBoise Cascade CO
    % port
    1.5%
    -0.3pp vs prior Qnow 0.7%
  24. 24ARLPAlliance Resource Partners
    % port
    1.4%
    -0.2pp vs prior Q
  25. 25UNFIUnited Natural Foods Inc
    % port
    1.4%
    -1.0pp vs prior Qnow 0.1%
  26. 26(cusip)Lyondellbasell Industries NV
    % port
    0.9%
    -0.3pp vs prior Qnow 0.8%
  27. 27TPCTutor Perini Corp
    % port
    0.3%
    -0.7pp vs prior Qnow 0.1%
  28. 28(cusip)Technipfmc Plc
    % port
    0.1%

13F-HR filings disclose long US-equity positions only. 13Fs don't cover shorts, bonds, derivatives, or non-US listings, so the picture here is the public part of the portfolio — not the whole.

Not investment advice.