Bill Miller Holdings 13F: Latest Miller Value Partners Portfolio Changes
Miller Value Partners. Beat S&P 500 for 15 consecutive years.
As of the latest Q2 2026 13F filing, Bill Miller (managing Miller Value Partners) reported a public portfolio value of $423.1M with 56 positions. This page tracks latest holdings, latest 13F changes, top buys, top sells, and top holdings from the public filing. The top recent buy was NBR. The top recent sell was QUAD.
Open interactive portfolioLatest 13F portfolio changes
Bill Miller holdings 13F summary: the latest Miller Value Partners portfolio changes show top holdings including NABORS INDUSTRIES, GRAY MEDIA, DIREXION SHARES ETF TRUST, BLOOMIN BRANDS, and QUAD / GRAPHICS, reported top buys such as NABORS INDUSTRIES, GRAY MEDIA, DIREXION SHARES ETF TRUST, and BLOOMIN BRANDS, and top sells or reductions such as QUAD / GRAPHICS, STATE STR SPDR S&P 500 ETF T, BREAD FINANCIAL HOLDINGS, and UNITED PARCEL SVCS.
Latest filing metadata: quarter Q2 2026; report date 2026-06-30; filing date 2026-08-14; disclosure source SEC 13F.
Bill Miller 13F portfolio and latest holdings overview
Bill Miller's Q2 2026 13F holdings show Miller Value Partners reporting 56 positions with a disclosed portfolio value of $423.1M. For readers searching Bill Miller 13F holdings, Bill Miller portfolio, Miller Value Partners holdings, or latest 13F changes, the latest top holdings include NABORS INDUSTRIES, GRAY MEDIA, DIREXION SHARES ETF TRUST, BLOOMIN BRANDS, and QUAD / GRAPHICS.
The three largest reported positions add up to roughly 21.5%, which helps readers judge portfolio concentration rather than just headline AUM. The largest reported sector exposure is Other at 58.6% of the disclosed portfolio. This makes the page useful for comparing the manager's actual disclosed exposure with market narratives around the same names.
The latest change data highlights reported buys such as NABORS INDUSTRIES, GRAY MEDIA, DIREXION SHARES ETF TRUST, BLOOMIN BRANDS, and LINCOLN NATL CORP IND and reported reductions or exits such as QUAD / GRAPHICS, STATE STR SPDR S&P 500 ETF T, BREAD FINANCIAL HOLDINGS, UNITED PARCEL SVCS, and USA TODAY CO. Those changes should be read as historical disclosure signals, not as real-time trade alerts.
The filing metadata lists report date 2026-06-30, filing date 2026-08-14, SEC accession 0001135778-26-000016. SEC 13F reports are normally published up to 45 days after quarter end, so the data is best used to understand institutional positioning after the fact rather than to infer today's exact portfolio.
Bill Miller portfolio analytics
the top five positions account for 32.1% of disclosed value; the largest sector exposure is Communication Services at 9.6%; reported buy and sell activity implies roughly 97.3% turnover this period; cost-basis P&L across 56 tracked positions averages 102.6% (31/39 currently in profit).
Top reported holdings
| Holding | Reported value | Weight | Quarter change |
|---|---|---|---|
| NBR whale holders NABORS INDUSTRIES LTD | $37.4M | 8.8% | Increased |
| GTN-A whale holders GRAY MEDIA INC | $28.8M | 6.8% | Increased |
| SPUU whale holders DIREXION SHARES ETF TRUST | $24.6M | 5.8% | New |
| BLMN whale holders BLOOMIN BRANDS INC | $23.6M | 5.6% | Increased |
| QUAD whale holders QUAD / GRAPHICS INC | $21.4M | 5.1% | Reduced |
| LNC-PD whale holders LINCOLN NATL CORP IND | $21.3M | 5.0% | Increased |
| CRGY whale holders CRESCENT ENERGY COMPANY | $20.6M | 4.9% | Increased |
| CNDT whale holders CONDUENT INC | $19.0M | 4.5% | Increased |
| BFH-PA whale holders BREAD FINANCIAL HOLDINGS INC | $14.4M | 3.4% | Reduced |
| UPS whale holders UNITED PARCEL SVCS INC | $12.5M | 3.0% | Reduced |
Top buys
- NBR whale holders — NABORS INDUSTRIES LTD ($37.4M)
- GTN-A whale holders — GRAY MEDIA INC ($28.8M)
- SPUU whale holders — DIREXION SHARES ETF TRUST ($24.6M)
- BLMN whale holders — BLOOMIN BRANDS INC ($23.6M)
- LNC-PD whale holders — LINCOLN NATL CORP IND ($21.3M)
- CRGY whale holders — CRESCENT ENERGY COMPANY ($20.6M)
Top sells
- QUAD whale holders — QUAD / GRAPHICS INC ($21.4M)
- MDY whale holders — STATE STR SPDR S&P 500 ETF T ($19.5M)
- BFH-PA whale holders — BREAD FINANCIAL HOLDINGS INC ($14.4M)
- UPS whale holders — UNITED PARCEL SVCS INC ($12.5M)
- TDAY whale holders — USA TODAY CO INC ($12.0M)
- CTO-PA whale holders — CTO RLTY GROWTH INC NEW ($11.6M)
Allocation
- Other: 58.6%
- Communication Services: 9.6%
- Financials: 7.0%
- Energy: 6.8%
- ETF / Fund: 5.8%
- Real Estate: 3.5%
- Industrials: 3.0%
- Consumer Discretionary: 2.1%
Data notes
Report date: 2026-06-30
Disclosure source: SEC 13F
SEC 13F filings are delayed public disclosures and do not include every asset class, short positions, or real-time trades.
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Frequently asked questions
Bill Miller 13F Holdings
The Q2 2026 13F profile for Bill Miller and Miller Value Partners shows 56 reported positions, $423.1M in disclosed portfolio value, and top holdings including NABORS INDUSTRIES, GRAY MEDIA, DIREXION SHARES ETF TRUST, BLOOMIN BRANDS, and QUAD / GRAPHICS.
What is Bill Miller buying? Latest 13F changes
The latest tracked change data for Bill Miller highlights reported buys such as NABORS INDUSTRIES, GRAY MEDIA, DIREXION SHARES ETF TRUST, and BLOOMIN BRANDS and reported sells or reductions such as QUAD / GRAPHICS, STATE STR SPDR S&P 500 ETF T, BREAD FINANCIAL HOLDINGS, and UNITED PARCEL SVCS.
Miller Value Partners top holdings
Miller Value Partners top holdings are summarized from public disclosures with reported values, weights, portfolio concentration, top buys, top sells, and filing metadata where available.
Bill Miller buys and sells
Use the top buys and top sells sections above to compare Bill Miller's reported additions, reductions, exits, and latest portfolio activity against other tracked investors.
How delayed is Bill Miller's 13F data?
SEC Form 13F requires institutional investment managers with $100M+ in US equities to disclose their holdings quarterly. Read our comprehensive 13F guide for timing, coverage, and limitations. Read the Whale Analyzer 13F guide.