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Focused investors/Bill Miller

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
+9.98%
1-year
+28.82%
3-year
+78.91%
5-year
+53.83%
3-year vs S&P 500
+5.67%
5-year vs S&P 500
-19.86%
5-year top 5
+85.57%

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.

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Updated 2026-06-06 from SEC 13F data.

Live quotes available for 24 of 64 rows. Rows without a quote are marked unavailable.

1AAPLAPPLE INC16.46%Reduce -9.0%3,553,280$401.7M$113.05No quote
2AMZNAMAZON COM INC8.96%Reduce -29.6%261,105$218.63M$837.31No quote
3TWTRTWITTER INC4.92%Reduce -4.9%5,209,049$120.07MNo quoteNo quote
4OMFONEMAIN HLDGS INC3.59%Reduce -0.1%2,830,350$87.6M$30.95No quote
5XONINTREXON CORP3.53%Add +0.1%3,074,925$86.16MNo quoteNo quote
6QUOTQUOTIENT TECHNOLOGY INC3.43%Reduce -2.4%6,282,625$83.62MNo quoteNo quote
7NXPINXP SEMICONDUCTORS N V3.37%Reduce -0.2%804,925$82.11M$102.01No quote
8DALDELTA AIR LINES INC DEL3.25%Reduce -0.1%2,012,950$79.23M$39.36No quote
9PPANDORA MEDIA INC3.23%Reduce -0.9%5,494,625$78.74MNo quoteNo quote
10PHMPULTE GROUP INC3.19%Reduce -1.8%3,889,150$77.94M$20.04No quote
11GNWGENWORTH FINL INC3.19%Add +0.4%15,692,250$77.83MNo quoteNo quote
12AALAMERICAN AIRLS GROUP INC3.02%Reduce -0.1%2,011,650$73.65M$36.61No quote
13UALUNITED CONTL HLDGS INC2.89%Add +0.0%1,344,025$70.52M$52.47No quote
14LENLENNAR CORP2.80%Reduce -3.8%1,614,550$68.36M$42.34No quote
15MTGMGIC INVT CORP WIS2.67%Add +0.3%8,132,900$65.06M$8.00No quote
16BACBANK AMER CORP2.50%-3,901,775$61.06M$15.65No quote
17PAHPLATFORM SPECIALTY PRODS COR2.41%Reduce -0.2%7,241,175$58.73MNo quoteNo quote
18JPMWSJPMORGAN CHASE & CO2.36%Reduce -0.3%2,334,275$57.49MNo quoteNo quote
19VRXVALEANT PHARMACEUTICALS INTL2.31%Add +14.2%2,291,400$56.25MNo quoteNo quote
20EIGIENDURANCE INTL GROUP HLDGS I2.21%Add +10.9%6,165,375$53.95MNo quoteNo quote
21CCITIGROUP INC1.95%-1,005,600$47.5M$47.23No quote
22TMHCTAYLOR MORRISON HOME CORP1.61%-2,226,525$39.19M$17.60No quote
23GILDGILEAD SCIENCES INC1.53%Reduce -2.1%470,550$37.23M$79.12No quote
24NSMNATIONSTAR MTG HLDGS INC1.46%-2,400,350$35.55MNo quoteNo quote
25ENDPQENDO INTL PLC1.45%Add +0.5%1,753,425$35.33MNo quoteNo quote
26GMEGAMESTOP CORP NEW1.31%-1,160,125$32.01MNo quoteNo quote
27FCAUFIAT CHRYSLER AUTOMOBILES N1.30%Reduce -8.5%4,959,125$31.74MNo quoteNo quote
28STXSEAGATE TECHNOLOGY PLC1.28%-812,075$31.31M$38.55No quote
29TCRTZIOPHARM ONCOLOGY INC1.16%-5,005,921$28.18MNo quoteNo quote
30JDJD COM INC1.11%Reduce -7.8%1,037,500$27.07M$26.09No quote
31TPHTRI POINTE GROUP INC1.10%-2,027,650$26.73M$13.18No quote
32PFSIPENNYMAC FINL SVCS INC1.02%-1,457,550$24.79MNo quoteNo quote
33RDNRADIAN GROUP INC0.88%-1,585,975$21.49M$13.55No quote
34FTAIFORTRESS TRANS INFRST INVS L0.20%Add +25.6%393,000$4.92M$12.51No quote
35VERVEREIT INC0.16%-385,000$3.99MNo quoteNo quote
36NEWMNEW MEDIA INVT GROUP INC0.16%Add +14.2%257,000$3.98MNo quoteNo quote
37TCAPTRIANGLE CAP CORP0.15%-184,278$3.63MNo quoteNo quote
38CIMCHIMERA INVT CORP0.14%-210,000$3.35MNo quoteNo quote
39FIGFORTRESS INVESTMENT GROUP LL0.14%Add +35.4%677,000$3.35M$4.94No quote
40NRFNORTHSTAR RLTY FIN CORP0.14%-251,450$3.31MNo quoteNo quote
41STWDSTARWOOD PPTY TR INC0.13%-145,200$3.27M$22.52No quote
42APOAPOLLO GLOBAL MGMT LLC0.13%Add +31.9%178,000$3.2M$17.96No quote
43RITMNEW RESIDENTIAL INVT CORP0.13%Add +7.2%222,750$3.08MNo quoteNo quote
44AAICARLINGTON ASSET INVT CORP0.10%Add +23.1%160,000$2.37MNo quoteNo quote
45FTRPRFRONTIER COMMUNICATIONS CORP0.10%-28,000$2.35MNo quoteNo quote
46GEOGEO GROUP INC NEW0.09%New92,000$2.19MNo quoteNo quote
48MCCMEDLEY CAP CORP0.08%New262,834$2.01MNo quoteNo quote
47CYSCYS INVTS INC0.08%-230,000$2.01MNo quoteNo quote
49BGCPBGC PARTNERS INC0.08%-226,400$1.98MNo quoteNo quote
50MGPMGM GROWTH PPTYS LLC0.08%-75,000$1.96MNo quoteNo quote
51JMPJMP GROUP LLC0.07%-300,000$1.66MNo quoteNo quote
52CODICOMPASS DIVERSIFIED HOLDINGS0.06%-90,000$1.57MNo quoteNo quote
53FTRFRONTIER COMMUNICATIONS CORP0.06%-325,000$1.35MNo quoteNo quote
54CGCARLYLE GROUP L P0.05%Add +22.9%86,000$1.34M$15.58No quote
55TPVGTRIPLEPOINT VENTURE GROWTH B0.05%-122,711$1.3MNo quoteNo quote
56AGNCAMERICAN CAPITAL AGENCY CORP0.05%Reduce -43.1%66,000$1.29MNo quoteNo quote
57MVCMVC CAPITAL INC0.05%-142,600$1.18MNo quoteNo quote
58CSALCOMMUNICATIONS SALES&LEAS IN0.04%-33,940$1.07MNo quoteNo quote
59OCIPOCI PARTNERS LP0.03%Reduce -42.4%139,400$824KNo quoteNo quote
60CICIGNA CORPORATION0.03%Reduce -97.0%5,420$707K$130.44No quote
63PMTPENNYMAC MTG INVT TR-Sold0$0No quoteNo quote
62CPTACAPITALA FIN CORP-Sold0$0No quoteNo quote
61BABAALIBABA GROUP HLDG LTD-Sold0$0No quoteNo quote

Other instruments

Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.

1-BLUCORA INCNOTE 4.250% 4/0OTHER2,000,000$1.92M