Analyzing Miller Value Partners' Q4 2022 Holdings: Notable Increases and Decreases in Value

Investing is not always a smooth ride, as the market has its ups and downs. It is important to stay informed about the changes in the market and the holdings of the funds that you are following. In this article, we will take a look at the changes in holdings for Miller Value Partners, LLC from Q3 2022 to Q4 2022.

Miller Value Partners, LLC is a well-known investment management firm based in Baltimore, Maryland. According to the latest 13F filings, Miller Value Partners held positions in 54 companies as of Q4 2022. These companies span a variety of industries, including finance, technology, and consumer goods. The total value of the holdings for Miller Value Partners was $684,441,000.

The largest holding for Miller Value Partners in Q4 2022 was Ovintiv Inc. (OVV.TO), a multinational energy company. Miller Value Partners held 1,459,424 shares of Ovintiv, with a value of $74,007,000. However, this position is down from the Q3 2022 position of 1,949,091 shares. This represents a decrease of 17.5% in shares and value.

Onemain Holdings Inc. (OMF) was another notable holding for Miller Value Partners in Q4 2022. The firm held 2,099,765 shares of the consumer finance company, with a value of $69,943,000. This is a slight increase from the Q3 2022 position, where Miller Value Partners held 2,136,592 shares. Although the change in shares is minimal, the change in value is significant, representing an increase of 10.9%.

Another significant holding for Miller Value Partners in Q4 2022 was Taylor Morrison Home Corp. (TMHC), a homebuilding company. Miller Value Partners held 2,151,320 shares of Taylor Morrison, with a value of $65,292,000. This is a decrease from the Q3 2022 position, where Miller Value Partners held 2,404,506 shares. However, the change in value is positive, representing an increase of 16.4%.

One of the most notable changes between Q3 2022 and Q4 2022 for Miller Value Partners was its holding in Amazon.com Inc. (AMZN), the multinational technology company. Miller Value Partners held 671,540 shares of Amazon.com in Q4 2022, down from the 694,974 shares held in Q3 2022. This represents a decrease of 28.2% in value, with the Q4 2022 position valued at $56,409,000.

Energy Transfer L.P. (ET), a pipeline company, was also a significant holding for Miller Value Partners in Q4 2022. However, the firm decreased its position in Energy Transfer, holding 4,996,876 shares as of Q4 2022, down from 5,906,326 shares held in Q3 2022. This represents a decrease of 15.4% in shares and a negligible change in value.

Overall, Miller Value Partners made various changes to its holdings from Q3 2022 to Q4 2022, with some notable increases and decreases in value. While some of the changes may have been due to market fluctuations, it is important to keep an eye on the holdings of Miller Value Partners and other investment management firms to stay informed about the market and potential investment opportunities.