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Miller Value Partners, LLC

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13F filer, CIK 1135778, SARASOTA, FL

Miller Value Partners, LLC reported $235,656,860 across 33 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 58.68% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-25-005135

Period
2025-06-30
Reported value
$236M
Holdings
33
Top 10 weight
58.68%
New
1
Sold out
2

Largest buys vs the previous quarter

SecurityShares changeApprox. value
NBRadded+235,355$6.59M
JELDadded+1,097,995$4.3M
DEAnew+146,800$3.26M
CNDTadded+879,845$2.32M
TDAYadded+571,695$2.05M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
EASTERLY GOVERNMENT PROPERT…exited-367,000-$3.89M
TPCreduced-77,660-$3.63M
Texited-116,000-$3.28M
UNFIreduced-51,550-$1.2M
FTIreduced-70-$2.41K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0001085146-25-005135, largest first. % of portfolio is the value over $235,656,860, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
LNCLINCOLN NATL CORP INDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 383,215 shares; 2024Q4: 493,685 shares; 2025Q1: 519,255 shares; 2025Q2: 569,480 shares 569,480$19.7M8.36%+50,225Timeline
BFHBREAD FINANCIAL HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 258,530 shares; 2024Q4: 304,050 shares; 2025Q1: 309,825 shares; 2025Q2: 327,385 shares 327,385$18.7M7.94%+17,560Timeline
NBRNABORS INDUSTRIES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 140,965 shares; 2024Q4: 281,195 shares; 2025Q1: 388,745 shares; 2025Q2: 624,100 shares 624,100$17.5M7.42%+235,355Timeline
GTNGRAY MEDIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,458,120 shares; 2024Q4: 3,384,450 shares; 2025Q1: 3,577,790 shares; 2025Q2: 3,647,805 shares 3,647,805$16.5M7.01%+70,015Timeline
QUADQUAD / GRAPHICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,883,815 shares; 2024Q4: 2,518,130 shares; 2025Q1: 2,574,225 shares; 2025Q2: 2,710,380 shares 2,710,380$15.3M6.5%+136,155Timeline
TDAYUSA TODAY CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,371,435 shares; 2024Q4: 2,396,625 shares; 2025Q1: 2,712,815 shares; 2025Q2: 3,284,510 shares 3,284,510$11.8M4.99%+571,695Timeline
JXNJACKSON FINANCIAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 130,335 shares; 2024Q4: 137,370 shares; 2025Q1: 120,950 shares; 2025Q2: 124,995 shares 124,995$11.1M4.71%+4,045Timeline
UGIUGI CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 202,000 shares; 2024Q4: 292,000 shares; 2025Q1: 292,000 shares; 2025Q2: 292,000 shares 292,000$10.6M4.51%0Timeline
VZVERIZON COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 198,000 shares; 2025Q2: 198,000 shares 198,000$8.57M3.64%0Timeline
OMFONEMAIN HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 149,000 shares; 2024Q4: 149,000 shares; 2025Q1: 149,000 shares; 2025Q2: 149,000 shares 149,000$8.49M3.6%0Timeline
JELDJELD-WEN HLDG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 776,425 shares; 2025Q2: 1,874,420 shares 1,874,420$7.35M3.12%+1,097,995Timeline
CNDTCONDUENT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 900,935 shares; 2024Q4: 1,549,260 shares; 2025Q1: 1,875,380 shares; 2025Q2: 2,755,225 shares 2,755,225$7.27M3.09%+879,845Timeline
CTOCTO RLTY GROWTH INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 383,900 shares; 2024Q4: 383,900 shares; 2025Q1: 383,900 shares; 2025Q2: 399,145 shares 399,145$6.89M2.92%+15,245Timeline
WALWESTERN ALLIANCE BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 132,945 shares; 2024Q4: 141,110 shares; 2025Q1: 83,455 shares; 2025Q2: 83,455 shares 83,455$6.51M2.76%0Timeline
MSTRSTRATEGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 50,250 shares; 2024Q4: 15,250 shares; 2025Q1: 15,250 shares; 2025Q2: 15,250 shares 15,250$6.16M2.62%0Timeline
DCHDAUCH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 233,640 shares; 2024Q4: 529,590 shares; 2025Q1: 995,690 shares; 2025Q2: 1,439,920 shares 1,439,920$5.87M2.49%+444,230Timeline
VTRSVIATRIS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 619,000 shares; 2024Q4: 619,000 shares; 2025Q1: 619,000 shares; 2025Q2: 619,000 shares 619,000$5.53M2.35%0Timeline
BBWBUILD-A-BEAR WORKSHOP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 150,000 shares; 2024Q4: 95,000 shares; 2025Q1: 100,000 shares; 2025Q2: 105,000 shares 105,000$5.41M2.3%+5,000Timeline
FOSLFOSSIL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,333,200 shares; 2024Q4: 2,571,080 shares; 2025Q1: 2,965,160 shares; 2025Q2: 3,469,727 shares 3,469,727$5.14M2.18%+504,567Timeline
CHRDCHORD ENERGY CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 52,766 shares; 2024Q4: 52,766 shares; 2025Q1: 52,766 shares; 2025Q2: 52,766 shares 52,766$5.11M2.17%0Timeline
BMYBRISTOL-MYERS SQUIBB COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 80,000 shares; 2024Q4: 108,000 shares; 2025Q1: 108,000 shares; 2025Q2: 108,000 shares 108,000$5M2.12%0Timeline
BKEBUCKLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 125,000 shares; 2024Q4: 105,000 shares; 2025Q1: 105,000 shares; 2025Q2: 105,000 shares 105,000$4.76M2.02%0Timeline
STLASTELLANTIS N.VQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 390,000 shares; 2024Q4: 390,000 shares; 2025Q1: 390,000 shares; 2025Q2: 390,000 shares 390,000$3.91M1.66%0Timeline
CGCARLYLE GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 70,000 shares; 2025Q1: 70,000 shares; 2025Q2: 70,000 shares 70,000$3.6M1.53%0Timeline
BCCBOISE CASCADE CO DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 40,000 shares; 2024Q4: 40,000 shares; 2025Q1: 40,000 shares; 2025Q2: 40,000 shares 40,000$3.47M1.47%0Timeline
ARLPALLIANCE RESOURCE PARTNERS LQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 117,000 shares; 2024Q4: 127,000 shares; 2025Q1: 127,000 shares; 2025Q2: 127,000 shares 127,000$3.32M1.41%0Timeline
DEAEASTERLY GOVT PPTYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 146,800 shares 146,800$3.26M1.38%newTimeline
UNFIUNITED NAT FOODS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 271,115 shares; 2024Q4: 412,500 shares; 2025Q1: 188,955 shares; 2025Q2: 137,405 shares 137,405$3.2M1.36%-51,550Timeline
LYBLYONDELLBASELL INDUSTRIES NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 38,000 shares; 2025Q2: 38,000 shares 38,000$2.2M0.93%0Timeline
SEMLER SCIENTIFIC INCSEMLER SCIENTIFIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 43,000 shares; 2025Q1: 53,000 shares; 2025Q2: 53,000 shares 53,000$2.05M0.87%0
TPCTUTOR PERINI CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 54,800 shares; 2024Q4: 76,040 shares; 2025Q1: 90,570 shares; 2025Q2: 12,910 shares 12,910$604K0.26%-77,660Timeline
TOTALENERGIES SE -SPON ADRTOTALENERGIES SE -SPON ADRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,650 shares; 2024Q4: 7,650 shares; 2025Q1: 7,650 shares; 2025Q2: 7,650 shares 7,650$470K0.2%0
FTITECHNIPFMC PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,185 shares; 2024Q4: 8,185 shares; 2025Q1: 8,185 shares; 2025Q2: 8,115 shares 8,115$279K0.12%-70Timeline

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
EASTERLY GOVERNMENT PROPERT…EASTERLY GOVERNMENT PROPERTIES367,000$3.89Mshares
TAT&T INC116,000$3.28Mshares

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001085146-25-005135 base2025-08-14acceptance time not in the bulk data set