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AlphaBaseline
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.

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Full auditCompare with peers
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.

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Updated 2026-09-19 from SEC 13F data.

Live quotes available for 23 of 69 rows. Rows without a quote are marked unavailable.

1UALUNITED CONTL HLDGS INC4.88%Reduce -6.5%1,256,700$91.59M$72.88No quote
2DALDELTA AIR LINES INC DEL4.86%Reduce -7.8%1,856,525$91.32M$49.19No quote
3AALAMERICAN AIRLS GROUP INC4.77%Reduce -4.7%1,917,525$89.53M$46.69No quote
4AMZNAMAZON COM INC4.38%Add +694.7%109,712$82.27M$749.87No quote
5MTGMGIC INVT CORP WIS4.19%Reduce -5.0%7,725,225$78.72M$10.19No quote
6BACBANK AMER CORP4.15%Reduce -9.7%3,523,375$77.87M$22.10No quote
7JPMWSJPMORGAN CHASE & CO4.09%Reduce -25.7%1,734,725$76.8MNo quoteNo quote
8XONINTREXON CORP3.98%Add +0.1%3,079,325$74.83MNo quoteNo quote
9OMFONEMAIN HLDGS INC3.94%Add +18.2%3,344,850$74.06M$22.14No quote
10PPANDORA MEDIA INC3.78%Reduce -0.8%5,450,175$71.07MNo quoteNo quote
11PAHPLATFORM SPECIALTY PRODS COR3.77%Reduce -0.2%7,225,350$70.88MNo quoteNo quote
12VRXVALEANT PHARMACEUTICALS INTL3.75%Add +111.9%4,855,500$70.5MNo quoteNo quote
13LENLENNAR CORP3.68%Reduce -0.4%1,608,700$69.06M$42.93No quote
14EIGIENDURANCE INTL GROUP HLDGS I3.59%Add +17.6%7,253,100$67.45MNo quoteNo quote
15QUOTQUOTIENT TECHNOLOGY INC3.58%Reduce -0.5%6,249,400$67.18MNo quoteNo quote
16PHMPULTE GROUP INC3.40%Reduce -10.8%3,470,750$63.79M$18.38No quote
17GNWGENWORTH FINL INC3.18%Add +0.0%15,695,600$59.8MNo quoteNo quote
18ENDPQENDO INTL PLC2.96%Add +92.6%3,376,925$55.62MNo quoteNo quote
19CCITIGROUP INC2.89%Reduce -9.3%912,100$54.21M$59.43No quote
20RHRESTORATION HARDWARE HLDGS I2.63%New1,608,050$49.37M$30.70No quote
21TMHCTAYLOR MORRISON HOME CORP2.25%Reduce -1.6%2,191,325$42.21M$19.26No quote
22GMEGAMESTOP CORP NEW2.16%Add +38.5%1,606,575$40.58MNo quoteNo quote
23NSMNATIONSTAR MTG HLDGS INC2.02%Reduce -12.6%2,096,975$37.87MNo quoteNo quote
24GILDGILEAD SCIENCES INC1.78%Reduce -1.0%466,050$33.37M$71.61No quote
25STXSEAGATE TECHNOLOGY PLC1.60%Reduce -3.3%785,275$29.97M$38.17No quote
26TWTRTWITTER INC1.56%Reduce -2.1%1,800,334$29.35MNo quoteNo quote
27AGNALLERGAN PLC1.49%New133,015$27.94MNo quoteNo quote
28RDNRADIAN GROUP INC1.48%Reduce -2.4%1,547,475$27.82M$17.98No quote
29TCRTZIOPHARM ONCOLOGY INC1.40%Reduce -2.1%4,900,721$26.22MNo quoteNo quote
30PFSIPENNYMAC FINL SVCS INC1.27%Reduce -2.0%1,429,050$23.79MNo quoteNo quote
31TPHTRI POINTE GROUP INC1.22%Reduce -1.9%1,990,050$22.85M$11.48No quote
32GTYHUGTY TECHNOLOGY HOLDINGS INC1.12%New2,011,800$21.12MNo quoteNo quote
33ALXNALEXION PHARMACEUTICALS INC0.65%New99,710$12.2MNo quoteNo quote
34GEOGEO GROUP INC NEW0.29%Add +65.2%152,000$5.46MNo quoteNo quote
35FTAIFORTRESS TRANS INFRST INVS L0.28%-393,000$5.23M$13.30No quote
36APOAPOLLO GLOBAL MGMT LLC0.25%Add +34.8%240,000$4.65M$19.36No quote
37NEWMNEW MEDIA INVT GROUP INC0.24%Add +9.7%282,000$4.51MNo quoteNo quote
38FIGFORTRESS INVESTMENT GROUP LL0.24%Add +36.9%927,000$4.51M$4.86No quote
39CIMCHIMERA INVT CORP0.22%Add +14.3%240,000$4.09MNo quoteNo quote
40RITMNEW RESIDENTIAL INVT CORP0.21%Add +14.8%255,750$4.02MNo quoteNo quote
41NRFNORTHSTAR RLTY FIN CORP0.20%-251,450$3.81MNo quoteNo quote
42TCAPTRIANGLE CAP CORP0.18%-184,278$3.38MNo quoteNo quote
43STWDSTARWOOD PPTY TR INC0.17%-145,200$3.19M$21.96No quote
44AAICARLINGTON ASSET INVT CORP0.17%Add +31.3%210,000$3.11MNo quoteNo quote
45CGCARLYLE GROUP L P0.16%Add +132.6%200,000$3.05M$15.25No quote
46FTRPRFRONTIER COMMUNICATIONS CORP0.14%Add +35.7%38,000$2.7MNo quoteNo quote
47BGCPBGC PARTNERS INC0.12%-226,400$2.32MNo quoteNo quote
48MCCMEDLEY CAP CORP0.11%-262,834$1.97MNo quoteNo quote
49MGPMGM GROWTH PPTYS LLC0.10%-75,000$1.9MNo quoteNo quote
50JMPJMP GROUP LLC0.10%-300,000$1.84MNo quoteNo quote
51CODICOMPASS DIVERSIFIED HOLDINGS0.09%-90,000$1.61MNo quoteNo quote
52TPVGTRIPLEPOINT VENTURE GROWTH B0.08%-122,711$1.45MNo quoteNo quote
53MVCMVC CAPITAL INC0.07%-142,600$1.22MNo quoteNo quote
54FTRFRONTIER COMMUNICATIONS CORP0.06%-325,000$1.1MNo quoteNo quote
55CSALCOMMUNICATIONS SALES&LEAS IN0.05%-33,940$863KNo quoteNo quote
56AAPLAPPLE INC0.04%Reduce -23.5%6,565$761K$115.92No quote
64VERVEREIT INC-Sold0$0No quoteNo quote
63OCIPOCI PARTNERS LP-Sold0$0No quoteNo quote
62NXPINXP SEMICONDUCTORS N V-Sold0$0No quoteNo quote
61JDJD COM INC-Sold0$0No quoteNo quote
60FCAUFIAT CHRYSLER AUTOMOBILES N-Sold0$0No quoteNo quote
59CYSCYS INVTS INC-Sold0$0No quoteNo quote
58CICIGNA CORPORATION-Sold0$0No quoteNo quote
57AGNCAMERICAN CAPITAL AGENCY CORP-Sold0$0No quoteNo 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.

1AAPLAPPLE INCCOMCALLReduce -11.0%3,155,500$365.47M
2TWTRTWITTER INCCOMCALLReduce -38.7%2,066,000$33.68M
3AMZNAMAZON COM INCCOMCALLSold0$0

Other instruments

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

1-WALTER INVT MGMT CORPNOTE 4.500%11/0OTHER3,000,000$1.95M
2-BLUCORA INCNOTE 4.250% 4/0OTHER0$0