Latest MILLER VALUE PARTNERS, LLC Stock Portfolio

MILLER VALUE PARTNERS, LLC Performance:

2025 Q4: 3.56%YTD: 5.95%2024: 16.82%

Performance for 2025 Q4 is 3.56%, and YTD is 5.95%, and 2024 is 16.82%.

About MILLER VALUE PARTNERS, LLC and 13F Hedge Fund Stock Holdings

MILLER VALUE PARTNERS, LLC is a hedge fund based in Sarasota, FL. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, MILLER VALUE PARTNERS, LLC reported an equity portfolio of $283.8 Millions as of 31 Dec, 2025.

The top stock holdings of MILLER VALUE PARTNERS, LLC are NBR, LNC, GTN. The fund has invested 11.5% of it's portfolio in NABORS INDUSTRIES LTD and 7.9% of portfolio in LINCOLN NATL CORP IND.

The fund managers got completely rid off BUCKLE INC (BKE), SEMLER SCIENTIFIC INC (SMLR) and TOTALENERGIES SE (TTE) stocks. They significantly reduced their stock positions in UNITED NAT FOODS INC (UNFI), BREAD FINANCIAL HOLDINGS INC (BFH) and BUILD-A-BEAR WORKSHOP INC (BBW). MILLER VALUE PARTNERS, LLC opened new stock positions in MILLROSE PPTYS INC. The fund showed a lot of confidence in some stocks as they added substantially to UPBOUND GROUP INC, JELD-WEN HLDG INC (JELD) and STRATEGY INC (MSTR).

MILLER VALUE PARTNERS, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Miller Value Partners, LLC made a return of 3.56% in the last quarter. In trailing 12 months, it's portfolio return was 5.95%.

Performance
S&P 500

New Buys

Ticker	$ Bought
millrose pptys inc	2,473,240

New stocks bought by MILLER VALUE PARTNERS, LLC

Additions

Ticker	% Inc.
upbound group inc	250
jeld-wen hldg inc	99.83
strategy inc	65.57
conduent inc	38.52
gray media inc	12.09
stellantis n.v	10.00
chord energy corporation	9.48
quad / graphics inc	4.36

Additions to existing portfolio by MILLER VALUE PARTNERS, LLC

Reductions

Ticker	% Reduced
united nat foods inc	-82.81
bread financial holdings inc	-25.4
build-a-bear workshop inc	-20.41
nabors industries ltd	-10.45
onemain hldgs inc	-9.79
jackson financial inc	-8.18
fossil group inc	-4.27
lincoln natl corp ind	-3.06

MILLER VALUE PARTNERS, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
buckle inc	-4,223,520
semler scientific inc	-1,590,000
totalenergies se	-456,628

MILLER VALUE PARTNERS, LLC got rid off the above stocks

Sector Distribution

Miller Value Partners, LLC has about 21.1% of it's holdings in Financial Services sector.

Sector	%
Financial Services	21.1
Communication Services	15.8
Energy	14.6
Industrials	12.8
Consumer Cyclical	9.8
Others	6.2
Technology	5.1
Healthcare	4.8
Utilities	3.5
Real Estate	2.8
Consumer Defensive	1.9
Basic Materials	1.5

Market Cap. Distribution

Miller Value Partners, LLC has about 15.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
SMALL-CAP	39
MID-CAP	27.8
LARGE-CAP	12.6
MICRO-CAP	11.6
UNALLOCATED	6.2
MEGA-CAP	2.8

Stocks belong to which Index?

About 76.5% of the stocks held by Miller Value Partners, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	65.3
Others	23.5
S&P 500	11.2

Top 5 Winners (%)		%
FOSL	fossil group inc	45.3 %
NBR	nabors industries ltd	31.1 %
BFH	bread financial holdings inc	28.6 %
VTRS	viatris inc	25.8 %
GCI	usa today co inc	24.7 %

Top 5 Winners ($)		$
NBR	nabors industries ltd	8.6 M
BFH	bread financial holdings inc	4.3 M
FOSL	fossil group inc	3.9 M
GCI	usa today co inc	3.5 M
LNC	lincoln natl corp ind	2.2 M

Top 5 Losers (%)		%
MSTR	strategy inc	-47.3 %
JELD	jeld-wen hldg inc	-42.8 %
CNDT	conduent inc	-28.3 %
	upbound group inc	-18.2 %
GTN	gray media inc	-15.5 %

Top 5 Losers ($)		$
JELD	jeld-wen hldg inc	-7.6 M
CNDT	conduent inc	-4.2 M
GTN	gray media inc	-3.5 M
MSTR	strategy inc	-3.4 M
CALM	cal maine foods inc	-0.9 M

MILLER VALUE PARTNERS, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of MILLER VALUE PARTNERS, LLC

Miller Value Partners, LLC has 34 stocks in it's portfolio. About 59.2% of the portfolio is in top 10 stocks. JELD proved to be the most loss making stock for the portfolio. NBR was the most profitable stock for Miller Value Partners, LLC last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ARLP	alliance resource partners l	1.08	132,000	3,066,360	added	3.94

AXL	american axle & mfg hldgs in	3.92	1,734,780	11,119,900	added	1.03

BBW	build-a-bear workshop inc	1.68	78,000	4,779,060	reduced	-20.41

BCC	boise cascade co del	0.96	37,000	2,723,200	unchanged	0.00

BFH	bread financial holdings inc	5.25	201,415	14,910,800	reduced	-25.4

BKE	buckle inc	0.00	0.00	0.00	sold off	-100

BMY	bristol-myers squibb co	2.05	108,000	5,825,520	unchanged	0.00

CALM	cal maine foods inc	1.74	62,000	4,933,340	unchanged	0.00

CG	carlyle group inc	0.83	40,000	2,364,400	unchanged	0.00

CHRD	chord energy corporation	1.89	57,766	5,354,910	added	9.48

CNDT	conduent inc	3.78	5,583,380	10,720,100	added	38.52

CTO	cto rlty growth inc new	2.82	434,145	7,992,610	added	1.17

FOSL	fossil group inc	4.22	3,184,420	11,973,400	reduced	-4.27

FTI	technipfmc plc	0.12	7,510	334,646	unchanged	0.00

GCI	usa today co inc	6.18	3,403,340	17,527,200	added	0.00

GTN	gray media inc	6.80	3,988,500	19,304,300	added	12.09

ITRN	ituran location and control	3.26	215,000	9,247,150	unchanged	0.00

JELD	jeld-wen hldg inc	3.58	4,134,210	10,170,200	added	99.83

JXN	jackson financial inc	3.24	86,150	9,187,900	reduced	-8.18

LNC	lincoln natl corp ind	7.92	504,761	22,477,000	reduced	-3.06