Latest Miller Investment Management, LP Stock Portfolio

Miller Investment Management, LP Performance:

2025 Q2: 5.47%YTD: 3.76%2024: 10.13%

Performance for 2025 Q2 is 5.47%, and YTD is 3.76%, and 2024 is 10.13%.

About Miller Investment Management, LP and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Miller Investment Management, LP reported an equity portfolio of $952.4 Millions as of 30 Jun, 2025.

The top stock holdings of Miller Investment Management, LP are SPY, BIL, . The fund has invested 20.4% of it's portfolio in SPDR S&P 500 ETF TR and 11.6% of portfolio in SPDR SER TR.

The fund managers got completely rid off PACER FDS TR (AFTY), THE CIGNA GROUP (CI) and DANAHER CORPORATION (DHR) stocks. They significantly reduced their stock positions in SELECT SECTOR SPDR TR (XLB), TIDAL ETF TR (ACSI) and FIRST TR NASDAQ 100 TECH IND (QTEC). Miller Investment Management, LP opened new stock positions in BLACKROCK INC and PROSHARES TR (BZQ). The fund showed a lot of confidence in some stocks as they added substantially to SELECT SECTOR SPDR TR (XLB), VANGUARD INDEX FDS (VB) and ALPHABET INC (GOOG).

Miller Investment Management, LP Annual Return Estimates Vs S&P 500

Our best estimate is that Miller Investment Management, LP made a return of 5.47% in the last quarter. In trailing 12 months, it's portfolio return was 6.9%.

New Buys

Ticker	$ Bought
blackrock inc	221,392
proshares tr	204,647

New stocks bought by Miller Investment Management, LP

Additions

Ticker	% Inc.
select sector spdr tr	10.54
vanguard index fds	5.15
alphabet inc	1.65
vanguard scottsdale fds	0.94
vaneck vectors etf tr	0.1
spdr ser tr	0.03

Additions to existing portfolio by Miller Investment Management, LP

Reductions

Ticker	% Reduced
select sector spdr tr	-36.87
select sector spdr tr	-27.88
tidal etf tr	-19.08
select sector spdr tr	-18.25
first tr nasdaq 100 tech ind	-16.22
millrose pptys inc	-14.74
vaneck etf trust	-11.3
vaneck etf trust	-4.27

Miller Investment Management, LP reduced stake in above stock

Sold off

Ticker	$ Sold
pacer fds tr	-260,274
danaher corporation	-203,360
the cigna group	-203,980

Miller Investment Management, LP got rid off the above stocks

Sector Distribution

Miller Investment Management, LP has about 78.8% of it's holdings in Others sector.

Sector	%
Others	78.8
Communication Services	6.5
Consumer Cyclical	5.2
Industrials	2.8
Technology	2.3
Healthcare	1.7
Financial Services	1.4

Market Cap. Distribution

Miller Investment Management, LP has about 21.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	78.7
MEGA-CAP	11.8
LARGE-CAP	9.4

Stocks belong to which Index?

About 21.2% of the stocks held by Miller Investment Management, LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	78.7
S&P 500	21.2

Top 5 Winners (%)		%
ORCL	oracle corp	56.4 %
MSFT	microsoft corporation	32.4 %
META	meta platforms inc	28.0 %
DIS	walt disney company	25.6 %
CAH	cardinal health inc	21.9 %

Top 5 Winners ($)		$
SPY	spdr s&p 500 etf tr	18.5 M
META	meta platforms inc	9.9 M
IJR	ishares tr	6.3 M
MSFT	microsoft corporation	4.1 M
XLB	select sector spdr tr	2.3 M

Top 5 Losers (%)		%
BDX	becton dickinson & co	-24.8 %
CVX	chevron corp	-14.4 %
PEP	pepsico inc	-11.9 %
SWK	stanley black & decker inc	-11.9 %
ABBV	abbvie inc	-11.4 %

Top 5 Losers ($)		$
XLB	select sector spdr tr	-1.4 M
LEN	lennar corp	-0.4 M
BDX	becton dickinson & co	-0.3 M
JNJ	johnson and johnson	-0.3 M
CVX	chevron corp	-0.2 M

Miller Investment Management, LP Holdings Map

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

Current Stock Holdings of Miller Investment Management, LP

Miller Investment Management, LP has 96 stocks in it's portfolio. About 70% of the portfolio is in top 10 stocks. XLB proved to be the most loss making stock for the portfolio. SPY was the most profitable stock for Miller Investment Management, LP last quarter.

Last Reported on: 06 Aug, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	SPY	spdr s&p 500 etf tr	20.45	315,237	194,769,000	reduced	-0.48
Historical Trend of SPDR S&P 500 ETF TR Position Held By Miller Investment Management, LP What % of Portfolio is SPY?: Number of SPY shares held: Change in No. of Shares Held:
	BIL	spdr ser tr	11.57	1,108,070	110,175,000	added	0.03

		berkshire hathaway inc del	8.43	165,240	80,268,600	reduced	-0.87

	IJR	ishares tr	7.70	820,370	73,332,900	reduced	-1.12

	BNDW	vanguard scottsdale fds	6.39	1,034,740	60,822,200	added	0.94

	META	meta platforms inc	4.74	61,110	45,104,700	reduced	-0.53

	AFK	vaneck vectors etf tr	3.48	119,031	33,195,400	added	0.1

	EMGF	ishares inc	2.91	369,351	27,690,200	reduced	-2.84

	IJR	ishares tr	2.19	226,917	20,869,600	reduced	-1.13

	XLB	select sector spdr tr	2.18	191,160	20,746,600	reduced	-1.54

	XLB	select sector spdr tr	1.96	138,216	18,630,100	added	10.54

	VB	vanguard index fds	1.86	62,225	17,752,800	added	5.15

	MSFT	microsoft corporation	1.75	33,410	16,618,500	reduced	-0.77

	GOOG	alphabet inc	1.72	92,881	16,368,400	added	1.65

	AFK	vaneck etf trust	1.68	181,536	15,967,900	reduced	-4.27

	QTEC	first tr nasdaq 100 tech ind	1.55	69,393	14,768,900	reduced	-16.22

	AFK	vaneck etf trust	1.31	81,432	12,481,900	reduced	-11.3

	NVR	nvr inc	1.22	1,577	11,647,200	reduced	-0.57

	DHI	d r horton inc	1.17	86,693	11,176,500	reduced	-0.96

	LEN	lennar corp	1.14	98,536	10,899,100	reduced	-0.88