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Bill Miller
Portfolio: Top Holdings & Stock Picks

Miller Value Partners, LLC

Value Investing

Bill Miller (Miller Value Partners, LLC) disclosed 36 total holdings in its latest 13F filing dated 2025-09-30, with a portfolio value of $272.16 M billion and a turnover rate of 10.4%.

Portfolio Value
$272.16 M
Total Holdings
36
Latest Filing
Q3 2025
Nov 14, 2025
Turnover Rate
10.36%

Bill Miller Top Holdings of 2025-09-30

Ticker Name Shares Value % of Portfolio Time Held % Change
NBR
673,095 $27.51 M 10.11% 5.3 Years +7.85%
LNC
520,676 $21 M 7.72% 1.5 Years -8.57%
GTN
3.56 M $20.57 M 7.56% 2.3 Years -2.46%
2.62 M $16.42 M 6.03% 6.5 Years -3.21%
BFH
270,010 $15.06 M 5.53% 2.3 Years -17.53%
GCI
3.4 M $14.06 M 5.16% 5 Years +3.62%
4.03 M $11.29 M 4.15% 4.5 Years +46.30%
AXL
1.72 M $10.32 M 3.79% 3.5 Years +19.25%
2.07 M $10.16 M 3.73% 0.5 Years +10.37%
JXN
93,825 $9.5 M 3.49% 3.7 Years -24.94%

Recent Moves

Significant New Position
+215,000 Shares | +$7.68 M Value
Continues to build a major stake in the Technology sector
Q3 2025
Added to Core Holding
+1.28 M Shares | +$3.57 M Value
Modest increase in Technology
Q3 2025
Reduced Exposure to Position
-57,059 Shares | -$3.22 M Value
Reduced exposure to Financials
Q3 2025
Complete Exit
-146,800 Shares | -$3.26 M Value
Cleared DEA, sector remains in portfolio
Q3 2025

Bill Miller's Historical Top Holdings Breakdown

Portfolio Date:

Bill Miller Top Stock Picks

Ticker Name Date Activity Shares Shares Change Value Change
09/30/2025 New Buy 215,000 215,000 $7.68 M
UPS
09/30/2025 New Buy 86,600 86,600 $7.23 M
09/30/2025 New Buy 62,000 62,000 $5.83 M
09/30/2025 Add 46.3% 4.03 M 1.28 M $3.57 M
DEA
09/30/2025 Sold Out 146,800 -146,800 $3.26 M
OMF
09/30/2025 Reduce -38.3% 91,941 -57,059 $3.22 M
BFH
09/30/2025 Reduce -17.5% 270,010 -57,375 $3.2 M
JXN
09/30/2025 Reduce -24.9% 93,825 -31,170 $3.16 M
09/30/2025 Reduce -46.6% 73,445 -63,960 $2.41 M
NBR
09/30/2025 Add 7.9% 673,095 48,995 $2 M

Bill Miller's Sector Breakdowns

Portfolio Date:

About Bill Miller

Bill Miller is an American investor, fund manager, and philanthropist best known for managing the Legg Mason Value Trust, which outperformed the S&P 500 for 15 consecutive years from 1991 to 2005. A graduate of Washington and Lee University and Johns Hopkins University, he later founded Miller Value Partners, where he managed the Opportunity Equity and Income Strategies. Renowned for his contrarian style and early investments in Amazon and Bitcoin, Miller is regarded as one of Wall Street's most influential money managers.

Frequently Asked Questions

As of 2025-09-30, Bill Miller holds 36 stocks. Top positions include NBR, LNC, GTN, QUAD, BFH. For full portfolio details, please visit Bill Miller’s portfolio.

In Q3 2025, Bill Miller’s largest purchase by dollar amount was ITRN. For complete transaction details, please visit Bill Miller’s portfolio.

According to the 13F filing for Q3 2025, Bill Miller increased their stake in CNDT.

Bill Miller’s firm may occasionally request confidential treatment under SEC rule 13F-HR, which allows temporary non-disclosure of certain positions.