MILLER VALUE PARTNERS, LLC

Q4 2025 13F-HR Holdings

Location
Sarasota, FL
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
34
Total value ($000)
$283,834
Net value change ($000)
+11,677 (4.3%)
New positions
1
Sold out positions
3
Turnover %
3.1%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
NBR 5,220 19.0%
TDAY 3,472 24.7%
FOSL 3,424 40.1%
MRP 2,473 NEW
VTRS 1,579 25.8%
ITRN 1,567 20.4%
LNC 1,478 7.0%
UPS 1,356 18.7%
UGI 1,093 12.5%
STLA 1,029 28.2%
Top Reduces (Value $000, Stocks/ETFs)
BKE -4,224 -100.0%
UNFI -2,338 -84.6%
BBW -1,612 -25.2%
SMLR -1,590 -100.0%
GTN -1,262 -6.1%
MSTR -1,077 -21.9%
CALM -901 -15.4%
VZ -637 -7.3%
CNDT -566 -5.0%
TTE -457 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type