MILLER VALUE PARTNERS, LLC

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, MILLER VALUE PARTNERS, LLC maintained a portfolio of 56 distinct positions. The most significant new addition to the portfolio was CRESCENT ENERGY COMP, which now represents 7.06% of the total fund value. The fund also reduced its exposure to UGI CORP NEW by 53.8%.
PCA Score Concentration Risk
Risk ENB
Total Positions
56
Quarter
2026 Q1
Top Holding
NBR (10.0%)
Top 10 Concentration
51.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 56
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
NBR
NABORS INDUSTRI...
Energy 9.98% 11.53% #1
Prev: #1
6.0 -158,307 -26.3%
P
S
444,430 $38,247,646
$46.26 +72.9%
$86.06 -7.1%
2020 Q2 13F Filing 2026-03-31 2026-05-15
CRGY
CRESCENT ENERGY...
Energy 7.06% #2
Prev: #—
7.8 2,003,132 no change
NEW
2,003,132 $27,042,282
$13.50 -0.4%
$13.50 -0.4%
2026 Q1 13F Filing 2026-03-31 2026-05-15
GTN
GRAY MEDIA INC
Communication Services 6.08% 6.80% #3
Prev: #3
5.9 1,381,605 34.6%
P
S
5,370,100 $23,306,234
$4.10 +9.4%
$4.34 +3.5%
2023 Q2 13F Filing 2026-03-31 2026-05-15
LNC
LINCOLN NATL CO...
Financial Services 5.29% 7.92% #4 2
Prev: #2
4.6 65,929 13.1%
P
S
570,690 $20,259,495 2024 Q1 13F Filing 2026-03-31 2026-05-15
SPY
STATE STR SPDR ...
ETF 5.10% #5
Prev: #—
6.0 30,044 no change
NEW
30,044 $19,538,815 2015 Q4 13F Filing 2026-03-31 2026-05-15
QUAD
QUAD / GRAPHICS...
Industrials 4.57% 6.05% #6 1
Prev: #5
2.3 -86,851 -3.2%
P
S
2,651,039 $17,523,368 2013 Q2 13F Filing 2026-03-31 2026-05-15
BFH
BREAD FINANCIAL...
Financial Services 3.79% 5.25% #7 1
Prev: #6
2.0 -7,718 -3.8%
P
S
193,697 $14,505,968 2023 Q2 13F Filing 2026-03-31 2026-05-15
GCI
USA TODAY CO IN...
Unknown 3.62% 6.18% #8 4
Prev: #4
1.4 -1,434,065 -42.1%
P
S
1,969,280 $13,883,424 2019 Q4 13F Filing 2026-03-31 2026-05-15
CNDT
CONDUENT INC
Technology 3.35% 3.78% #9
Prev: #9
4.3 4,440,545 79.5%
P
S
10,023,930 $12,830,630 2021 Q1 13F Filing 2026-03-31 2026-05-15
UPS
UNITED PARCEL S...
Industrials 3.06% 3.03% #10 4
Prev: #14
3.7 32,508 37.5%
P
S
119,108 $11,717,845 2025 Q3 13F Filing 2026-03-31 2026-05-15
BLMN
BLOOMIN BRANDS ...
Consumer Cyclical 2.87% #11
Prev: #—
4.6 2,036,734 no change
NEW
2,036,734 $10,998,364 2026 Q1 13F Filing 2026-03-31 2026-05-15
FOSL
FOSSIL GROUP IN...
Consumer Cyclical 2.73% 4.22% #12 5
Prev: #7
1.1 -759,230 -23.8%
P
S
2,425,185 $10,452,547 2017 Q3 13F Filing 2026-03-31 2026-05-15
CTO
CTO RLTY GROWTH...
Real Estate 2.68% 2.82% #13 3
Prev: #16
3.6 121,908 28.1%
P
S
556,053 $10,281,420 2021 Q4 13F Filing 2026-03-31 2026-05-15
ITRN
ITURAN LOCATION...
Technology 2.61% 3.26% #14 2
Prev: #12
1.5 -11,100 -5.2%
P
S
203,900 $9,993,139 2025 Q3 13F Filing 2026-03-31 2026-05-15
VTRS
VIATRIS INC
Healthcare 2.58% 2.72% #15 2
Prev: #17
3.0 112,676 18.2%
P
S
731,676 $9,884,943 2020 Q4 13F Filing 2026-03-31 2026-05-15
CHRD
CHORD ENERGY CO...
Energy 2.57% 1.89% #16 5
Prev: #21
3.5 11,564 20.0%
P
S
69,330 $9,857,339 2024 Q1 13F Filing 2026-03-31 2026-05-15
JXN
JACKSON FINANCI...
Financial Services 2.23% 3.24% #17 4
Prev: #13
1.4 -5,470 -6.3%
P
S
80,680 $8,529,490 2021 Q4 13F Filing 2026-03-31 2026-05-15
VZ
VERIZON COMMUNI...
Communication Services 2.20% 2.84% #18 3
Prev: #15
1.4 -30,000 -15.2%
P
S
168,000 $8,433,600 2025 Q1 13F Filing 2026-03-31 2026-05-15
AXL
DAUCH CORP
Unknown 2.16% 3.92% #19 11
Prev: #8
1.4 -338,875 -19.5%
P
S
1,395,905 $8,277,717 2022 Q1 13F Filing 2026-03-31 2026-05-15
JELD
JELD-WEN HLDG I...
Industrials 2.14% 3.58% #20 10
Prev: #10
3.9 2,485,675 60.1%
P
S
6,619,885 $8,208,657 2025 Q1 13F Filing 2026-03-31 2026-05-15
MSTR
STRATEGY INC
Technology 1.70% 1.35% #21 4
Prev: #25
3.7 26,808 106.2%
P
S
52,058 $6,496,838 2020 Q4 13F Filing 2026-03-31 2026-05-15
ARLP
ALLIANCE RESOUR...
Energy 1.34% 1.08% #22 4
Prev: #26
3.0 53,256 40.3%
P
S
185,256 $5,122,328 2020 Q4 13F Filing 2026-03-31 2026-05-15
MRP
MILLROSE PPTYS ...
Real Estate 1.32% 0.87% #23 5
Prev: #28
3.5 98,000 118.4%
P
S
180,800 $5,062,400 2025 Q4 13F Filing 2026-03-31 2026-05-15
CALM
CAL MAINE FOODS...
Consumer Defensive 1.28% 1.74% #24 2
Prev: #22
1.5 no change no change
P
S
62,000 $4,907,300 2025 Q3 13F Filing 2026-03-31 2026-05-15
ABR
ARBOR REALTY TR...
Real Estate 1.22% #25
Prev: #—
4.0 604,000 no change
NEW
604,000 $4,656,840 2026 Q1 13F Filing 2026-03-31 2026-05-15
OMF
ONEMAIN HLDGS I...
Financial Services 1.16% 1.97% #26 7
Prev: #19
1.5 no change no change
P
S
82,941 $4,436,514 2015 Q4 13F Filing 2026-03-31 2026-05-15
UGI
UGI CORP NEW
Utilities 1.15% 3.46% #27 16
Prev: #11
0.5 -141,000 -53.8%
P
S
121,000 $4,406,820 2024 Q1 13F Filing 2026-03-31 2026-05-15
BMY
BRISTOL-MYERS S...
Healthcare 1.10% 2.05% #28 10
Prev: #18
0.4 -38,500 -35.6%
P
S
69,500 $4,215,175 2024 Q1 13F Filing 2026-03-31 2026-05-15
WAL
WESTERN ALLIANC...
Financial Services 1.02% 1.91% #29 9
Prev: #20
0.9 -9,203 -14.3%
P
S
55,252 $3,914,604 2023 Q1 13F Filing 2026-03-31 2026-05-15
BBW
BUILD-A-BEAR WO...
Consumer Cyclical 1.01% 1.68% #30 7
Prev: #23
2.9 25,734 33.0%
P
S
103,734 $3,884,838 2024 Q2 13F Filing 2026-03-31 2026-05-15
MELI
MERCADOLIBRE IN...
Consumer Cyclical 1.00% #31
Prev: #—
3.9 2,215 no change
NEW
2,215 $3,829,779 2026 Q1 13F Filing 2026-03-31 2026-05-15
CROX
CROCS INC
Consumer Cyclical 0.84% #32
Prev: #—
3.8 38,548 no change
NEW
38,548 $3,200,255 2008 Q2 13F Filing 2026-03-31 2026-05-15
FIGR
FIGURE TECHNOLO...
Financial Services 0.81% #33
Prev: #—
3.8 91,009 no change
NEW
91,009 $3,089,756 2026 Q1 13F Filing 2026-03-31 2026-05-15
LYB
LYONDELLBASELL ...
Basic Materials 0.80% 0.58% #34 4
Prev: #30
1.3 no change no change
P
S
38,000 $3,061,280 2022 Q4 13F Filing 2026-03-31 2026-05-15
ZD
ZIFF DAVIS INC
Communication Services 0.75% #35
Prev: #—
3.8 68,058 no change
NEW
68,058 $2,855,714 2020 Q2 13F Filing 2026-03-31 2026-05-15
BCC
BOISE CASCADE C...
Basic Materials 0.73% 0.96% #36 9
Prev: #27
1.3 no change no change
P
S
37,000 $2,806,450 2023 Q4 13F Filing 2026-03-31 2026-05-15
REZI
RESIDEO TECHNOL...
Industrials 0.61% #37
Prev: #—
3.7 69,762 no change
NEW
69,762 $2,351,677 2026 Q1 13F Filing 2026-03-31 2026-05-15
CTRN
CITI TRENDS INC
Consumer Cyclical 0.61% #38
Prev: #—
3.7 53,763 no change
NEW
53,763 $2,329,013 2026 Q1 13F Filing 2026-03-31 2026-05-15
UPBD
UPBOUND GROUP I...
Technology 0.57% 0.43% #39 8
Prev: #31
3.2 50,000 71.4%
P
S
120,000 $2,166,000 2017 Q2 13F Filing 2026-03-31 2026-05-15
ABNB
AIRBNB INC
Consumer Cyclical 0.53% #40
Prev: #—
3.7 16,134 no change
NEW
16,134 $2,037,402 2023 Q1 13F Filing 2026-03-31 2026-05-15
CG
CARLYLE GROUP I...
Financial Services 0.51% 0.83% #41 12
Prev: #29
1.2 no change no change
P
S
40,000 $1,935,600 2020 Q1 13F Filing 2026-03-31 2026-05-15
CART
MAPLEBEAR INC
Consumer Cyclical 0.45% #42
Prev: #—
3.7 45,557 no change
NEW
45,557 $1,706,565 2026 Q1 13F Filing 2026-03-31 2026-05-15
BLDR
BUILDERS FIRSTS...
Industrials 0.41% #43
Prev: #—
3.7 18,893 no change
NEW
18,893 $1,555,461 2022 Q4 13F Filing 2026-03-31 2026-05-15
PRDO
PERDOCEO ED COR...
Consumer Defensive 0.39% #44
Prev: #—
3.7 40,395 no change
NEW
40,395 $1,503,098 2021 Q2 13F Filing 2026-03-31 2026-05-15
FOUR
SHIFT4 PMTS INC
Technology 0.34% #45
Prev: #—
3.6 30,035 no change
NEW
30,035 $1,313,431 2026 Q1 13F Filing 2026-03-31 2026-05-15
CPNG
COUPANG INC
Consumer Cyclical 0.31% #46
Prev: #—
3.6 62,528 no change
NEW
62,528 $1,180,529 2021 Q2 13F Filing 2026-03-31 2026-05-15
PINS
PINTEREST INC
Communication Services 0.29% #47
Prev: #—
3.6 59,990 no change
NEW
59,990 $1,100,217 2026 Q1 13F Filing 2026-03-31 2026-05-15
MBC
MASTERBRAND INC
Consumer Cyclical 0.23% #48
Prev: #—
3.6 104,854 no change
NEW
104,854 $871,337 2023 Q1 13F Filing 2026-03-31 2026-05-15
VRM
VROOM INC
Financial Services 0.20% #49
Prev: #—
3.6 58,488 no change
NEW
58,488 $778,475 2020 Q2 13F Filing 2026-03-31 2026-05-15
PTLO
PORTILLOS INC
Consumer Cyclical 0.18% #50
Prev: #—
3.6 129,323 no change
NEW
129,323 $684,119 2026 Q1 13F Filing 2026-03-31 2026-05-15
Showing 1-50 of 56 holdings

Unlock Full MILLER VALUE PARTNERS, LLC Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics