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 Q1 2026 13F filing, Bill Miller (managing Miller Value Partners) reported a public portfolio value of $383.2M with 55 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 CRGY. The top recent sell was NBR.
Open interactive portfolioLatest 13F portfolio changes
Bill Miller holdings 13F summary: the latest Miller Value Partners portfolio changes show top holdings including NABORS INDUSTRIES, CRESCENT ENERGY, GRAY MEDIA, LINCOLN NATL CORP IND, and STATE STR SPDR S&P 500 ETF T, reported top buys such as CRESCENT ENERGY, GRAY MEDIA, LINCOLN NATL CORP IND, and STATE STR SPDR S&P 500 ETF T, and top sells or reductions such as NABORS INDUSTRIES, QUAD / GRAPHICS, BREAD FINANCIAL HOLDINGS, and USA TODAY CO.
Latest filing metadata: quarter Q1 2026; report date 2026-03-31; filing date 2026-05-15; disclosure source SEC 13F.
Bill Miller 13F portfolio and latest holdings overview
Bill Miller's Q1 2026 13F holdings show Miller Value Partners reporting 55 positions with a disclosed portfolio value of $383.2M. 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, CRESCENT ENERGY, GRAY MEDIA, LINCOLN NATL CORP IND, and STATE STR SPDR S&P 500 ETF T.
The three largest reported positions add up to roughly 23.1%, which helps readers judge portfolio concentration rather than just headline AUM. The largest reported sector exposure is Other at 54.8% 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 CRESCENT ENERGY, GRAY MEDIA, LINCOLN NATL CORP IND, STATE STR SPDR S&P 500 ETF T, and CONDUENT and reported reductions or exits such as NABORS INDUSTRIES, QUAD / GRAPHICS, BREAD FINANCIAL HOLDINGS, USA TODAY CO, and FOSSIL GROUP. Those changes should be read as historical disclosure signals, not as real-time trade alerts.
The filing metadata lists report date 2026-03-31, filing date 2026-05-15, SEC accession 0001135778-26-000011. 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 33.5% of disclosed value; the largest sector exposure is Energy at 9.7%; reported buy and sell activity implies roughly 95.8% turnover this period; cost-basis P&L across 53 tracked positions averages 104.0% (27/38 currently in profit).
Top reported holdings
| Holding | Reported value | Weight | Quarter change |
|---|---|---|---|
| NBR whale holders NABORS INDUSTRIES LTD | $38.2M | 10.0% | Reduced |
| CRGY whale holders CRESCENT ENERGY COMPANY | $27.0M | 7.1% | New |
| GTN-A whale holders GRAY MEDIA INC | $23.3M | 6.1% | Increased |
| LNC-PD whale holders LINCOLN NATL CORP IND | $20.3M | 5.3% | Increased |
| MDY whale holders STATE STR SPDR S&P 500 ETF T | $19.5M | 5.1% | New |
| QUAD whale holders QUAD / GRAPHICS INC | $17.5M | 4.6% | Reduced |
| BFH-PA whale holders BREAD FINANCIAL HOLDINGS INC | $14.5M | 3.8% | Reduced |
| TDAY whale holders USA TODAY CO INC | $13.9M | 3.6% | Reduced |
| CNDT whale holders CONDUENT INC | $12.8M | 3.4% | Increased |
| UPS whale holders UNITED PARCEL SVCS INC | $11.7M | 3.1% | Increased |
Top buys
- CRGY whale holders — CRESCENT ENERGY COMPANY ($27.0M)
- GTN-A whale holders — GRAY MEDIA INC ($23.3M)
- LNC-PD whale holders — LINCOLN NATL CORP IND ($20.3M)
- MDY whale holders — STATE STR SPDR S&P 500 ETF T ($19.5M)
- CNDT whale holders — CONDUENT INC ($12.8M)
- UPS whale holders — UNITED PARCEL SVCS INC ($11.7M)
Top sells
- NBR whale holders — NABORS INDUSTRIES LTD ($38.2M)
- QUAD whale holders — QUAD / GRAPHICS INC ($17.5M)
- BFH-PA whale holders — BREAD FINANCIAL HOLDINGS INC ($14.5M)
- TDAY whale holders — USA TODAY CO INC ($13.9M)
- FOSL whale holders — FOSSIL GROUP INC ($10.5M)
- ITRN whale holders — ITURAN LOCATION AND CONTROL ($10.0M)
Allocation
- Other: 54.8%
- Energy: 9.7%
- Communication Services: 8.6%
- Financials: 7.5%
- ETF / Fund: 5.1%
- Real Estate: 3.9%
- Industrials: 3.1%
- Consumer Discretionary: 2.7%
Data notes
Report date: 2026-03-31
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 Q1 2026 13F profile for Bill Miller and Miller Value Partners shows 55 reported positions, $383.2M in disclosed portfolio value, and top holdings including NABORS INDUSTRIES, CRESCENT ENERGY, GRAY MEDIA, LINCOLN NATL CORP IND, and STATE STR SPDR S&P 500 ETF T.
What is Bill Miller buying? Latest 13F changes
The latest tracked change data for Bill Miller highlights reported buys such as CRESCENT ENERGY, GRAY MEDIA, LINCOLN NATL CORP IND, and STATE STR SPDR S&P 500 ETF T and reported sells or reductions such as NABORS INDUSTRIES, QUAD / GRAPHICS, BREAD FINANCIAL HOLDINGS, and USA TODAY CO.
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.