What Bill Miller Bought in Q2 2025
Miller Value Partners · Quarterly 13F recap as filed with the SEC.
Period: 2025-06-30 · Filed · Historical
$235.7M
Total Value
33
Holdings
1
New Buys
5
Reduced
In Q2 2025, Bill Miller reported 33 long equity positions worth $235.7M in their Miller Value Partners 13F filing, including 1 new positions (largest: EASTERLY GOVT PPTYS INC at $3.3M) and 11 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | LNC | LINCOLN NATL CORP IND | 569480 | $19.7M | 8.36% | +9.7% |
| 2 | BFH | BREAD FINANCIAL HOLDINGS INC | 327385 | $18.7M | 7.94% | +5.7% |
| 3 | NBR | NABORS INDUSTRIES LTD | 624100 | $17.5M | 7.42% | +60.5% |
| 4 | GTN | GRAY MEDIA INC | 3647805 | $16.5M | 7.01% | +2.0% |
| 5 | QUAD | QUAD / GRAPHICS INC | 2710380 | $15.3M | 6.50% | +5.3% |
| 6 | TDAY | GANNETT CO INC | 3284510 | $11.8M | 4.99% | +21.1% |
| 7 | JXN-PA | JACKSON FINANCIAL INC | 124995 | $11.1M | 4.71% | +3.3% |
| 8 | UGI | UGI CORP NEW | 292000 | $10.6M | 4.51% | — |
| 9 | VZ | VERIZON COMMUNICATIONS INC | 198000 | $8.6M | 3.64% | — |
| 10 | OMF | ONEMAIN HLDGS INC | 149000 | $8.5M | 3.60% | — |
| 11 | JELD | JELD-WEN HLDG INC | 1874420 | $7.3M | 3.12% | 141.4% |
| 12 | CNDT | CONDUENT INC | 2755225 | $7.3M | 3.09% | +46.9% |
| 13 | CTO-PA | CTO RLTY GROWTH INC NEW | 399145 | $6.9M | 2.92% | +4.0% |
| 14 | WAL-PA | WESTERN ALLIANCE BANCORP | 83455 | $6.5M | 2.76% | — |
| 15 | MSTR | MICROSTRATEGY INC | 15250 | $6.2M | 2.62% | — |
| 16 | DCH | AMERICAN AXLE & MFG HLDGS IN | 1439920 | $5.9M | 2.49% | 44.6% |
| 17 | VTRS | VIATRIS INC | 619000 | $5.5M | 2.35% | — |
| 18 | BBW | BUILD-A-BEAR WORKSHOP INC | 105000 | $5.4M | 2.30% | +5.0% |
| 19 | FOSL | FOSSIL GROUP INC | 3469727 | $5.1M | 2.18% | +17.0% |
| 20 | CHRD | CHORD ENERGY CORPORATION | 52766 | $5.1M | 2.17% | — |
| 21 | BMY | Bristol-Myers Squibb | 108000 | $5.0M | 2.12% | — |
| 22 | BKE | BUCKLE INC | 105000 | $4.8M | 2.02% | — |
| 23 | STLA | STELLANTIS N.V | 390000 | $3.9M | 1.66% | — |
| 24 | CG | Carlyle Group | 70000 | $3.6M | 1.53% | — |
| 25 | BCC | BOISE CASCADE CO DEL | 40000 | $3.5M | 1.47% | — |
| 26 | ARLP | ALLIANCE RESOURCE PARTNERS L | 127000 | $3.3M | 1.41% | — |
| 27 | DEA | EASTERLY GOVT PPTYS INC | 146800 | $3.3M | 1.38% | NEW |
| 28 | UNFI | UNITED NAT FOODS INC | 137405 | $3.2M | 1.36% | -27.3% |
| 29 | LYB | LYONDELLBASELL INDUSTRIES N | 38000 | $2.2M | 0.93% | — |
| 30 | SMLR | SEMLER SCIENTIFIC INC | 53000 | $2.1M | 0.87% | — |
| 31 | TPC | TUTOR PERINI CORP | 12910 | $604K | 0.26% | -85.7% |
| 32 | TTE | TOTALENERGIES SE | 7650 | $470K | 0.20% | — |
| 33 | FTI | TECHNIPFMC PLC | 8115 | $279K | 0.12% | -0.9% |