Q4 2025 · 13F-HR
MILLER VALUE PARTNERS, LLCholdings as filed
Filed 2026-02-17 · accession 0001135778-26-000003
$283.8M
Reported value
34
Positions
2025-12-31
Period end
The Brief · MILLER VALUE PARTNERS, LLC · Q4 2025
AI · grounded in 13F
MILLER VALUE PARTNERS, LLC closed its position in BKE, reducing exposure by $4.22M. The fund established a new position in MRP valued at $2.47M and exited its holding in SMLR for $1.59M. Other activity included a 10% increase in shares of STLA and a 82.81% reduction in shares of UNFI.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| G6359F137 | NBR | NABORS INDUSTRIES LTD | $32.7M | 11.5% | 602,737 | Common | SOLE |
| 534187109 | LNC | LINCOLN NATL CORP IND | $22.5M | 7.92% | 504,761 | Common | SOLE |
| 389375106 | GTN | GRAY MEDIA INC | $19.3M | 6.80% | 3,988,495 | Common | SOLE |
| 36472T109 | TDAY | USA TODAY CO INC | $17.5M | 6.18% | 3,403,345 | Common | SOLE |
| 747301109 | QUAD | QUAD / GRAPHICS INC | $17.2M | 6.05% | 2,737,890 | Common | SOLE |
| 018581108 | BFH | BREAD FINANCIAL HOLDINGS INC | $14.9M | 5.25% | 201,415 | Common | SOLE |
| 34988V106 | FOSL | FOSSIL GROUP INC | $12.0M | 4.22% | 3,184,415 | Common | SOLE |
| 024061103 | DCH | AMERICAN AXLE & MFG HLDGS IN | $11.1M | 3.92% | 1,734,780 | Common | SOLE |
| 206787103 | CNDT | CONDUENT INC | $10.7M | 3.78% | 5,583,385 | Common | SOLE |
| 47580P103 | JELD | JELD-WEN HLDG INC | $10.2M | 3.58% | 4,134,210 | Common | SOLE |
| 902681105 | UGI | UGI CORP NEW | $9.8M | 3.46% | 262,000 | Common | SOLE |
| M6158M104 | ITRN | ITURAN LOCATION AND CONTROL | $9.2M | 3.26% | 215,000 | Common | SOLE |
| 46817M107 | JXN | JACKSON FINANCIAL INC | $9.2M | 3.24% | 86,150 | Common | SOLE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $8.6M | 3.03% | 86,600 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $8.1M | 2.84% | 198,000 | Common | SOLE |
| 22948Q101 | CTO | CTO RLTY GROWTH INC NEW | $8.0M | 2.82% | 434,145 | Common | SOLE |
| 92556V106 | VTRS | VIATRIS INC | $7.7M | 2.72% | 619,000 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $5.8M | 2.05% | 108,000 | Common | SOLE |
| 68268W103 | OMF | ONEMAIN HLDGS INC | $5.6M | 1.97% | 82,941 | Common | SOLE |
| 957638109 | WAL | WESTERN ALLIANCE BANCORP | $5.4M | 1.91% | 64,455 | Common | SOLE |
| 674215207 | CHRD | CHORD ENERGY CORPORATION | $5.4M | 1.89% | 57,766 | Common | SOLE |
| 128030202 | CALM | CAL MAINE FOODS INC | $4.9M | 1.74% | 62,000 | Common | SOLE |
| 120076104 | BBW | BUILD-A-BEAR WORKSHOP INC | $4.8M | 1.68% | 78,000 | Common | SOLE |
| N82405106 | STLA | STELLANTIS N.V | $4.7M | 1.65% | 429,000 | Common | SOLE |
| 594972408 | MSTR | STRATEGY INC | $3.8M | 1.35% | 25,250 | Common | SOLE |
| 01877R108 | ARLP | ALLIANCE RESOURCE PARTNERS L | $3.1M | 1.08% | 132,000 | Common | SOLE |
| 09739D100 | BCC | BOISE CASCADE CO DEL | $2.7M | 0.96% | 37,000 | Common | SOLE |
| 601137102 | MRP | MILLROSE PPTYS INC | $2.5M | 0.87% | 82,800 | Common | SOLE |
| 14316J108 | CG | CARLYLE GROUP INC | $2.4M | 0.83% | 40,000 | Common | SOLE |
| N53745100 | LYB | LYONDELLBASELL INDUSTRIES N | $1.6M | 0.58% | 38,000 | Common | SOLE |
| 76009N100 | UPBD | UPBOUND GROUP INC | $1.2M | 0.43% | 70,000 | Common | SOLE |
| 901109108 | TPC | TUTOR PERINI CORP | $456,741 | 0.16% | 6,815 | Common | SOLE |
| 911163103 | UNFI | UNITED NAT FOODS INC | $425,084 | 0.15% | 12,625 | Common | SOLE |
| G87110105 | FTI | TECHNIPFMC PLC | $334,646 | 0.12% | 7,510 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.