Bill Miller - Miller Value Partners
As of Q2 2026, Bill Miller reported 56 long-equity positions worth $423.07M in aggregate.
Copy-investor backtest
- Latest quarter
- +9.82%
- 1-year
- +31.98%
- 3-year
- +71.61%
- 5-year
- +36.48%
- 3-year vs S&P 500
- -1.64%
- 5-year vs S&P 500
- -37.21%
- 5-year top 5
- +113.18%
Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.
Get email alerts when Bill Miller files a new 13F — sign in or create a free account.
Updated 2026-09-19 from SEC 13F data.
Live quotes available for 35 of 101 rows. Rows without a quote are marked unavailable.
| 1 | XON | INTREXON CORP | 5.05% | Add +0.1% | 2,944,150 | $133.58M | No quote | No quote |
| 2 | AAL | AMERICAN AIRLS GROUP INC | 4.80% | Add +0.1% | 2,404,425 | $126.91M | $52.78 | No quote |
| 3 | UAL | UNITED CONTL HLDGS INC | 4.28% | Reduce -3.3% | 1,683,375 | $113.21M | $67.25 | No quote |
| 4 | DAL | DELTA AIR LINES INC DEL | 4.08% | Add +0.1% | 2,404,225 | $108.09M | $44.96 | No quote |
| 5 | FCAU | FIAT CHRYSLER AUTOMOBILES N | 3.70% | Add +0.4% | 6,007,825 | $97.99M | No quote | No quote |
| 6 | NXPI | NXP SEMICONDUCTORS N V | 3.64% | Reduce -12.4% | 959,025 | $96.25M | $100.36 | No quote |
| 7 | LEN | LENNAR CORP | 3.58% | Reduce -0.3% | 1,829,700 | $94.8M | $51.81 | No quote |
| 8 | PAH | PLATFORM SPECIALTY PRODS COR | 3.50% | Add +0.1% | 3,604,500 | $92.49M | No quote | No quote |
| 9 | PHM | PULTE GROUP INC | 3.43% | Reduce -0.4% | 4,086,050 | $90.83M | $22.23 | No quote |
| 10 | MTG | MGIC INVT CORP WIS | 3.19% | Add +0.1% | 8,763,825 | $84.4M | $9.63 | No quote |
| 11 | GNW | GENWORTH FINL INC | 2.86% | Reduce -0.2% | 10,348,925 | $75.65M | No quote | No quote |
| 12 | EIGI | ENDURANCE INTL GROUP HLDGS I | 2.72% | Add +62.0% | 3,781,350 | $72.07M | No quote | No quote |
| 13 | P | PANDORA MEDIA INC | 2.72% | Add +83.9% | 4,441,450 | $72M | No quote | No quote |
| 14 | BAC | BANK AMER CORP | 2.37% | Add +0.1% | 4,080,225 | $62.8M | $15.39 | No quote |
| 15 | NFLX | NETFLIX INC | 2.36% | Add +0.1% | 149,815 | $62.43M | $416.69 | No quote |
| 16 | GME | GAMESTOP CORP NEW | 2.28% | Reduce -0.3% | 1,589,350 | $60.33M | No quote | No quote |
| 17 | AAPL | APPLE INC | 2.25% | Reduce -0.3% | 478,230 | $59.51M | $124.43 | No quote |
| 18 | QCOM | QUALCOMM INC | 2.24% | Reduce -17.6% | 854,440 | $59.25M | $69.34 | No quote |
| 19 | ZU | ZULILY INC | 2.12% | Add +325.4% | 4,323,500 | $56.16M | No quote | No quote |
| 20 | C | CITIGROUP INC | 2.11% | Add +0.3% | 1,081,800 | $55.74M | $51.52 | No quote |
| 21 | JPMWS | JPMORGAN CHASE & CO | 2.09% | - | 2,506,875 | $55.18M | No quote | No quote |
| 22 | CI | CIGNA CORPORATION | 2.05% | Reduce -12.3% | 419,775 | $54.34M | $129.44 | No quote |
| 23 | STX | SEAGATE TECHNOLOGY PLC | 2.04% | Add +0.0% | 1,037,275 | $53.97M | $52.03 | No quote |
| 24 | GILD | GILEAD SCIENCES INC | 2.00% | Reduce -21.7% | 539,100 | $52.9M | $98.13 | No quote |
| 25 | BYD | BOYD GAMING CORP | 1.99% | Reduce -3.3% | 3,706,675 | $52.64M | $14.20 | No quote |
| 26 | AMZN | AMAZON COM INC | 1.80% | Reduce -0.5% | 128,325 | $47.75M | $372.10 | No quote |
| 27 | KBH | KB HOME | 1.67% | Add +4.2% | 2,829,350 | $44.2M | No quote | No quote |
| 28 | PCLN | PRICELINE GRP INC | 1.58% | Reduce -21.5% | 35,980 | $41.89M | No quote | No quote |
| 29 | EBAY | EBAY INC | 1.57% | Reduce -14.3% | 719,750 | $41.52M | $57.68 | No quote |
| 30 | GM | GENERAL MTRS CO | 1.56% | Add +0.4% | 1,103,900 | $41.4M | $37.50 | No quote |
| 31 | TMHC | TAYLOR MORRISON HOME CORP | 1.49% | - | 1,896,260 | $39.54M | $20.85 | No quote |
| 32 | GRPN | GROUPON INC | 1.46% | - | 5,371,100 | $38.73M | No quote | No quote |
| 33 | NSM | NATIONSTAR MTG HLDGS INC | 1.46% | Add +8.2% | 1,558,950 | $38.62M | No quote | No quote |
| 34 | COUP | COUPONS COM INC | 1.40% | Add +29.6% | 3,150,675 | $36.99M | No quote | No quote |
| 35 | TCRT | ZIOPHARM ONCOLOGY INC | 1.22% | New | 3,000,000 | $32.31M | No quote | No quote |
| 36 | LEAF | SPRINGLEAF HLDGS INC | 1.17% | Reduce -5.6% | 597,075 | $30.91M | No quote | No quote |
| 37 | ETFC | E TRADE FINANCIAL CORP | 1.16% | Reduce -42.9% | 1,074,525 | $30.68M | No quote | No quote |
| 38 | RDN | RADIAN GROUP INC | 1.07% | - | 1,691,875 | $28.41M | $16.79 | No quote |
| 39 | PFSI | PENNYMAC FINL SVCS INC | 1.00% | - | 1,556,575 | $26.42M | No quote | No quote |
| 40 | BABA | ALIBABA GROUP HLDG LTD | 0.85% | Reduce -47.0% | 269,400 | $22.43M | $83.24 | No quote |
| 41 | JD | JD COM INC | 0.83% | New | 751,025 | $22.07M | $29.38 | No quote |
| 42 | CHK | CHESAPEAKE ENERGY CORP | 0.83% | Reduce -17.6% | 1,555,475 | $22.03M | No quote | No quote |
| 43 | BBY | BEST BUY INC | 0.68% | Reduce -59.9% | 479,425 | $18.12M | $37.79 | No quote |
| 44 | LVLT | LEVEL 3 COMMUNICATIONS INC | 0.37% | Reduce -74.9% | 180,700 | $9.73M | No quote | No quote |
| 45 | TWTR | TWITTER INC | 0.34% | New | 180,250 | $9.03M | No quote | No quote |
| 46 | NEWM | NEW MEDIA INVT GROUP INC | 0.26% | - | 283,200 | $6.78M | No quote | No quote |
| 47 | ARCP | AMERICAN RLTY CAP PPTYS INC | 0.18% | Add +36.6% | 485,000 | $4.78M | No quote | No quote |
| 48 | TCAP | TRIANGLE CAP CORP | 0.15% | - | 171,213 | $3.91M | No quote | No quote |
| 49 | RESI | ALTISOURCE RESIDENTIAL CORP | 0.14% | Add +133.8% | 180,000 | $3.76M | No quote | No quote |
| 50 | NRF | NORTHSTAR RLTY FIN CORP | 0.13% | Add +24.7% | 196,900 | $3.57M | No quote | No quote |
| 51 | ABY | ABENGOA YIELD PLC | 0.13% | - | 105,000 | $3.55M | No quote | No quote |
| 52 | STWD | STARWOOD PPTY TR INC | 0.13% | - | 145,200 | $3.53M | $24.30 | No quote |
| 53 | FSC | FIFTH STREET FINANCE CORP | 0.13% | New | 480,000 | $3.5M | No quote | No quote |
| 54 | PMT | PENNYMAC MTG INVT TR | 0.11% | Add +54.7% | 140,000 | $2.98M | No quote | No quote |
| 55 | HTS | HATTERAS FINL CORP | 0.09% | - | 132,300 | $2.4M | No quote | No quote |
| 56 | RITM | NEW RESIDENTIAL INVT CORP | 0.08% | Add +228.6% | 143,750 | $2.16M | No quote | No quote |
| 57 | APO | APOLLO GLOBAL MGMT LLC | 0.08% | - | 95,000 | $2.05M | $21.60 | No quote |
| 58 | BGCP | BGC PARTNERS INC | 0.07% | - | 196,400 | $1.86M | No quote | No quote |
| 59 | AGNC | AMERICAN CAPITAL AGENCY CORP | 0.07% | - | 81,700 | $1.74M | No quote | No quote |
| 60 | CIM | CHIMERA INVT CORP | 0.07% | - | 551,000 | $1.73M | No quote | No quote |
| 61 | STON | STONEMOR PARTNERS L P | 0.07% | - | 60,000 | $1.73M | No quote | No quote |
| 62 | OCIP | OCI PARTNERS LP | 0.06% | Reduce -85.4% | 104,300 | $1.69M | No quote | No quote |
| 63 | FIG | FORTRESS INVESTMENT GROUP LL | 0.06% | - | 201,400 | $1.63M | $8.07 | No quote |
| 64 | TPVG | TRIPLEPOINT VENTR GRW BDC CO | 0.06% | Add +1.1% | 111,169 | $1.57M | No quote | No quote |
| 65 | CODI | COMPASS DIVERSIFIED HOLDINGS | 0.06% | - | 90,000 | $1.54M | No quote | No quote |
| 66 | HCI | HCI GROUP INC | 0.06% | - | 33,000 | $1.51M | $45.88 | No quote |
| 67 | OZM | OCH ZIFF CAP MGMT GROUP | 0.06% | - | 118,100 | $1.49M | No quote | No quote |
| 68 | KKR | KKR & CO L P DEL | 0.05% | - | 63,500 | $1.45M | $22.82 | No quote |
| 69 | VR | VALIDUS HOLDINGS LTD | 0.05% | - | 32,600 | $1.37M | No quote | No quote |
| 70 | MVC | MVC CAPITAL INC | 0.05% | - | 142,600 | $1.35M | No quote | No quote |
| 71 | 97382A | WINDSTREAM HLDGS INC | 0.05% | - | 169,700 | $1.26M | No quote | No quote |
| 72 | CMO | CAPSTEAD MTG CORP | 0.05% | - | 105,000 | $1.24M | No quote | No quote |
| 73 | QIWI | QIWI PLC | 0.05% | - | 50,800 | $1.22M | No quote | No quote |
| 74 | CYS | CYS INVTS INC | 0.04% | - | 124,700 | $1.11M | No quote | No quote |
| 75 | EFC | ELLINGTON FINANCIAL LLC | 0.04% | - | 49,000 | $976K | No quote | No quote |
| 76 | TAL | TAL INTL GROUP INC | 0.04% | - | 23,400 | $954K | $40.77 | No quote |
| 77 | MTGE | AMERICAN CAP MTG INVT CORP | 0.04% | - | 52,000 | $934K | No quote | No quote |
| 78 | IRDMB | IRIDIUM COMMUNICATIONS INC | 0.03% | - | 2,600 | $915K | No quote | No quote |
| 79 | RRD | DONNELLEY R R & SONS CO | 0.03% | - | 44,300 | $851K | No quote | No quote |
| 80 | HCLP | HI-CRUSH PARTNERS LP | 0.03% | - | 24,000 | $842K | No quote | No quote |
| 81 | OAK | OAKTREE CAP GROUP LLC | 0.03% | - | 15,200 | $786K | No quote | No quote |
| 82 | LNCO | LINNCO LLC | 0.03% | - | 78,400 | $751K | No quote | No quote |
| 83 | NAO | NORDIC AMERN OFFSHORE LTD | 0.03% | - | 80,000 | $733K | No quote | No quote |
| 84 | RWT | REDWOOD TR INC | 0.03% | - | 40,800 | $730K | No quote | No quote |
| 85 | RSO | RESOURCE CAP CORP | 0.03% | - | 150,600 | $684K | No quote | No quote |
| 86 | QUAD | QUAD / GRAPHICS INC | 0.03% | - | 29,100 | $669K | $22.99 | No quote |
| 87 | PBI | PITNEY BOWES INC | 0.02% | - | 26,100 | $609K | $23.33 | No quote |
| 88 | SNR | NEW SR INVT GROUP INC | 0.02% | - | 35,966 | $599K | No quote | No quote |
| 89 | BCRH | BLUE CAP REINS HLDGS LTD | 0.02% | - | 25,100 | $435K | No quote | No quote |
| 97 | PM | PHILIP MORRIS INTL INC | - | Sold | 0 | $0 | No quote | No quote |
| 96 | OXLC | OXFORD LANE CAP CORP | - | Sold | 0 | $0 | No quote | No quote |
| 95 | NSAM | NORTHSTAR ASSET MGMT GROUP I | - | Sold | 0 | $0 | No quote | No quote |
| 94 | MCD | MCDONALDS CORP | - | Sold | 0 | $0 | No quote | No quote |
| 93 | HLSS | HOME LN SERVICING SOLUTIONS | - | Sold | 0 | $0 | No quote | No quote |
| 92 | HFC | HOLLYFRONTIER CORP | - | Sold | 0 | $0 | No quote | No quote |
| 91 | SAN | BANCO SANTANDER SA | - | Sold | 0 | $0 | No quote | No quote |
| 90 | ARCC | ARES CAP CORP | - | Sold | 0 | $0 | No quote | No quote |
Options positions
Put = right to sell at strike (a bearish bet). Call = right to buy at strike (bullish via leverage). The notional column shows the underlying market value reported to the SEC, not the option premium paid - these don't add to the long-equity % portfolio above.
Other instruments
Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.
| 1 | HLF | HERBALIFE LTDNOTE 2.000% 8/1 | OTHER | 3,000,000 | $2.49M |
| 2 | - | ALASKA COMMUNICATIONS SYS GRNOTE 6.250% 5/0 | OTHER | 1,000,000 | $975K |