Bill Miller's portfolio
Deep value and special situations with contrarian conviction.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
- Direxion Daily S&P 500® Bull 2X SharesSPUU$25M
- CotyCOTY$8M
- Meta PlatformsMETA$4M
- Ameriprise FinancialAMP$2M
Added to
- Nabors IndustriesNBR$37M
- Gray TelevisionGTN$29M
- Bloomin BrandsBLMN$24M
- Lincoln NationalLNC$21M
- Crescent EnergyCRGY$21M
- ConduentCNDT$19M
- DauchDCH$12M
- ViatrisVTRS$12M
- Jeld-Wen HoldingJELD$11M
- Millrose PropertiesMRP$7M
Trimmed
- QUADQUAD$21M
- Bread FinancialBFH$14M
- United Parcel ServiceUPS$12M
- USA TODAY Co.TDAY$12M
- CTO Realty GrowthCTO$12M
- FossilFOSL$9M
- Jackson FinancialJXN$8M
- Chord EnergyCHRD$8M
- MicroStrategyMSTR$4M
- CrocsCROX$3M
Sold out
None this quarter.
Holdings
56 US-listed positions in the Q2 2026 13F, largest first (top 50 shown; all of them in Investingly).
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| Nabors IndustriesNBR | 8.85% | $37M | 445,460 | Added |
| Gray TelevisionGTN | 6.80% | $29M | 7,243,390 | Added |
| Direxion Daily S&P 500® Bull 2X SharesSPUU | 5.81% | $25M | 114,078 | New |
| Bloomin BrandsBLMN | 5.59% | $24M | 2,585,909 | Added |
| QUADQUAD | 5.06% | $21M | 2,538,299 | Trimmed |
| Lincoln NationalLNC | 5.04% | $21M | 603,160 | Added |
| Crescent EnergyCRGY | 4.86% | $21M | 2,092,679 | Added |
| ConduentCNDT | 4.48% | $19M | 12,986,100 | Added |
| Bread FinancialBFH | 3.40% | $14M | 132,798 | Trimmed |
| United Parcel ServiceUPS | 2.95% | $12M | 116,003 | Trimmed |
| DauchDCH | 2.92% | $12M | 2,282,090 | Added |
| USA TODAY Co.TDAY | 2.83% | $12M | 1,401,080 | Trimmed |
| ViatrisVTRS | 2.75% | $12M | 733,164 | Added |
| CTO Realty GrowthCTO | 2.75% | $12M | 539,900 | Trimmed |
| Jeld-Wen HoldingJELD | 2.53% | $11M | 7,139,095 | Added |
| FossilFOSL | 2.10% | $9M | 2,143,445 | Trimmed |
| CotyCOTY | 2.00% | $8M | 3,917,705 | New |
| Jackson FinancialJXN | 1.94% | $8M | 80,142 | Trimmed |
| Ituran Location And Control | 1.93% | $8M | 133,700 | Held |
| Chord EnergyCHRD | 1.87% | $8M | 69,096 | Trimmed |
| Verizon CommunicationsVZ | 1.68% | $7M | 168,000 | Held |
| Millrose PropertiesMRP | 1.63% | $7M | 229,300 | Added |
| UpboundUPBD | 1.29% | $5M | 258,000 | Added |
| OneMainOMF | 1.20% | $5M | 82,941 | Held |
| Cal-Maine FoodsCALM | 1.18% | $5M | 62,000 | Held |
| Alliance Resource Partners LPARLP | 1.06% | $4M | 186,981 | Added |
| MicroStrategyMSTR | 1.03% | $4M | 50,203 | Trimmed |
| UGIUGI | 0.99% | $4M | 121,000 | Held |
| Build-A-Bear WorkshopBBW | 0.97% | $4M | 133,567 | Added |
| Bristol-Myers SquibbBMY | 0.95% | $4M | 69,500 | Held |
| Meta PlatformsMETA | 0.85% | $4M | 6,412 | New |
| CrocsCROX | 0.82% | $3M | 28,856 | Trimmed |
| Western Alliance BancorporationWAL | 0.81% | $3M | 41,755 | Trimmed |
| Arbor Realty TrustABR | 0.78% | $3M | 611,000 | Added |
| Citi TrendsCTRN | 0.74% | $3M | 54,200 | Added |
| MercadoLibreMELI | 0.69% | $3M | 1,712 | Trimmed |
| Boise Cascad LlcBCC | 0.68% | $3M | 37,000 | Held |
| Figure Technology Solutions, Inc. Class A Common StockFIGR | 0.65% | $3M | 89,668 | Trimmed |
| Ziff DavisZD | 0.63% | $3M | 50,602 | Trimmed |
| MaplebearCART | 0.51% | $2M | 45,645 | Added |
| REZIREZI | 0.51% | $2M | 68,931 | Trimmed |
| Ameriprise FinancialAMP | 0.48% | $2M | 4,428 | New |
| Lyondellbasell Industries Nv | 0.47% | $2M | 38,000 | Held |
| Builders FirstSourceBLDR | 0.40% | $2M | 19,115 | Added |
| CarlyleCG | 0.40% | $2M | 40,000 | Held |
| Shift4 PaymentsFOUR | 0.34% | $1M | 29,965 | Trimmed |
| Perdoceo Ed | 0.30% | $1M | 40,288 | Held |
| AirbnbABNB | 0.30% | $1M | 8,921 | Trimmed |
| PinterestPINS | 0.29% | $1M | 57,860 | Trimmed |
| Coupang LLCCPNG | 0.26% | $1M | 64,124 | Added |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Bill Miller own?
In the Q2 2026 13F, Miller Value Partners reported 56 US stock positions worth $423M. The largest: Nabors Industries (NBR) 8.8%, Gray Television (GTN) 6.8%, Direxion Daily S&P 500® Bull 2X Shares (SPUU) 5.8%, Bloomin Brands (BLMN) 5.6%, QUAD (QUAD) 5.1%.
What did Bill Miller buy last quarter?
In Q2 2026: new position in Direxion Daily S&P 500® Bull 2X Shares (SPUU); new position in Coty (COTY); new position in Meta Platforms (META); added to Nabors Industries (NBR); added to Gray Television (GTN); added to Bloomin Brands (BLMN).
When is Bill Miller's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.