MILLER VALUE PARTNERS, LLC

PrivateCIK: 1135778

Location

SARASOTA, FL

Positions

$423.07M

Total AUM (reported)

50.07M

Total Shares

Allocation by class

COM$238.39M56.3%

COM CL A$48.99M11.6%

SHS$45.58M10.8%

DAILY 500 2X ETF$24.60M5.8%

CL A COM$20.55M4.9%

COM NEW$13.34M3.2%

CL B$12.47M2.9%

Portfolio Concentration

Top 3$90.78M21.5%

4–10$132.72M31.4%

11–25$129.44M30.6%

Rest$70.13M16.6%

Top 3 weight

21.5%

Top 10 weight

52.8%

Voting Authority Distribution

Total shares with voting rights: 50.07M

Sole

Full voting authority

48.76M

% of voting shares97.4%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.32M

% of voting shares2.6%

Investment Discretion (by position count)

Sole56

Shared0

Other0

Dominant voting typeSole · 97.4% of voting shares

Institutional Holdings56

Rows:

NABORS INDUSTRIES LTD

SOLE

SHS

Shares445.46K

TypeSH

Market value$37.42M

8.85%

Sole

431.19K

Shared

0.00

None

14.27K

GRAY MEDIA INC

SOLE

COM

Shares7.24M

TypeSH

Market value$28.76M

6.80%

Sole

7.03M

Shared

0.00

None

217.55K

DIREXION SHARES ETF TRUST

SOLE

DAILY 500 2X ETF

Shares114.08K

TypeSH

Market value$24.60M

5.81%

Sole

114.08K

Shared

0.00

None

0.00

BLOOMIN BRANDS INC

SOLE

COM

Shares2.59M

TypeSH

Market value$23.64M

5.59%

Sole

2.52M

Shared

0.00

None

63.85K

QUAD / GRAPHICS INC

SOLE

COM CL A

Shares2.54M

TypeSH

Market value$21.40M

5.06%

Sole

2.48M

Shared

0.00

None

61.25K

LINCOLN NATL CORP IND

SOLE

COM

Shares603.16K

TypeSH

Market value$21.32M

5.04%

Sole

593.67K

Shared

0.00

None

9.48K

CRESCENT ENERGY COMPANY

SOLE

CL A COM

Shares2.09M

TypeSH

Market value$20.55M

4.86%

Sole

2.06M

Shared

0.00

None

32.42K

CONDUENT INC

SOLE

COM

Shares12.99M

TypeSH

Market value$18.96M

4.48%

Sole

12.55M

Shared

0.00

None

439.50K

BREAD FINANCIAL HOLDINGS INC

SOLE

COM

Shares132.80K

TypeSH

Market value$14.39M

3.40%

Sole

131.73K

Shared

0.00

None

1.06K

UNITED PARCEL SVCS INC

SOLE

CL B

Shares116K

TypeSH

Market value$12.47M

2.95%

Sole

116K

Shared

0.00

None

0.00

DAUCH CORP

SOLE

COM

Shares2.28M

TypeSH

Market value$12.37M

2.92%

Sole

2.22M

Shared

0.00

None

59K

USA TODAY CO INC

SOLE

COM

Shares1.40M

TypeSH

Market value$11.98M

2.83%

Sole

1.33M

Shared

0.00

None

66.60K

VIATRIS INC

SOLE

COM

Shares733.16K

TypeSH

Market value$11.64M

2.75%

Sole

733.16K

Shared

0.00

None

0.00

CTO RLTY GROWTH INC NEW

SOLE

COM

Shares539.90K

TypeSH

Market value$11.61M

2.74%

Sole

539.90K

Shared

0.00

None

0.00

JELD-WEN HLDG INC

SOLE

COM

Shares7.14M

TypeSH

Market value$10.71M

2.53%

Sole

6.97M

Shared

0.00

None

173K

FOSSIL GROUP INC

SOLE

COM

Shares2.14M

TypeSH

Market value$8.87M

2.10%

Sole

2.05M

Shared

0.00

None

95K

COTY INC

SOLE

COM CL A

Shares3.92M

TypeSH

Market value$8.46M

2.00%

Sole

3.84M

Shared

0.00

None

78.50K

JACKSON FINANCIAL INC

SOLE

COM CL A

Shares80.14K

TypeSH

Market value$8.21M

1.94%

Sole

79.19K

Shared

0.00

None

950.00

ITURAN LOCATION AND CONTROL

SOLE

SHS

Shares133.70K

TypeSH

Market value$8.16M

1.93%

Sole

133.70K

Shared

0.00

None

0.00

CHORD ENERGY CORPORATION

SOLE

COM NEW

Shares69.10K

TypeSH

Market value$7.90M

1.87%

Sole

69.10K

Shared

0.00

None

0.00

VERIZON COMMUNICATIONS INC

SOLE

COM

Shares168K

TypeSH

Market value$7.11M

1.68%

Sole

168K

Shared

0.00

None

0.00

MILLROSE PPTYS INC

SOLE

COM CL A

Shares229.30K

TypeSH

Market value$6.89M

1.63%

Sole

229.30K

Shared

0.00

None

0.00

UPBOUND GROUP INC

SOLE

COM

Shares258K

TypeSH

Market value$5.47M

1.29%

Sole

258K

Shared

0.00

None

0.00

ONEMAIN HLDGS INC

SOLE

COM

Shares82.94K

TypeSH

Market value$5.06M

1.20%

Sole

82.94K

Shared

0.00

None

0.00

CAL MAINE FOODS INC

SOLE

COM NEW

Shares62K

TypeSH

Market value$4.99M

1.18%

Sole

62K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
NABORS INDUSTRIES LTDSOLE	SHS	445.46K	SH	$37.42M 8.85%	431.19K	14.27K
GRAY MEDIA INCSOLE	COM	7.24M	SH	$28.76M 6.80%	7.03M	217.55K
DIREXION SHARES ETF TRUSTSOLE	DAILY 500 2X ETF	114.08K	SH	$24.60M 5.81%	114.08K	0.00
BLOOMIN BRANDS INCSOLE	COM	2.59M	SH	$23.64M 5.59%	2.52M	63.85K
QUAD / GRAPHICS INCSOLE	COM CL A	2.54M	SH	$21.40M 5.06%	2.48M	61.25K
LINCOLN NATL CORP INDSOLE	COM	603.16K	SH	$21.32M 5.04%	593.67K	9.48K
CRESCENT ENERGY COMPANYSOLE	CL A COM	2.09M	SH	$20.55M 4.86%	2.06M	32.42K
CONDUENT INCSOLE	COM	12.99M	SH	$18.96M 4.48%	12.55M	439.50K
BREAD FINANCIAL HOLDINGS INCSOLE	COM	132.80K	SH	$14.39M 3.40%	131.73K	1.06K
UNITED PARCEL SVCS INCSOLE	CL B	116K	SH	$12.47M 2.95%	116K	0.00
DAUCH CORPSOLE	COM	2.28M	SH	$12.37M 2.92%	2.22M	59K
USA TODAY CO INCSOLE	COM	1.40M	SH	$11.98M 2.83%	1.33M	66.60K
VIATRIS INCSOLE	COM	733.16K	SH	$11.64M 2.75%	733.16K	0.00
CTO RLTY GROWTH INC NEWSOLE	COM	539.90K	SH	$11.61M 2.74%	539.90K	0.00
JELD-WEN HLDG INCSOLE	COM	7.14M	SH	$10.71M 2.53%	6.97M	173K
FOSSIL GROUP INCSOLE	COM	2.14M	SH	$8.87M 2.10%	2.05M	95K
COTY INCSOLE	COM CL A	3.92M	SH	$8.46M 2.00%	3.84M	78.50K
JACKSON FINANCIAL INCSOLE	COM CL A	80.14K	SH	$8.21M 1.94%	79.19K	950.00
ITURAN LOCATION AND CONTROLSOLE	SHS	133.70K	SH	$8.16M 1.93%	133.70K	0.00
CHORD ENERGY CORPORATIONSOLE	COM NEW	69.10K	SH	$7.90M 1.87%	69.10K	0.00
VERIZON COMMUNICATIONS INCSOLE	COM	168K	SH	$7.11M 1.68%	168K	0.00
MILLROSE PPTYS INCSOLE	COM CL A	229.30K	SH	$6.89M 1.63%	229.30K	0.00
UPBOUND GROUP INCSOLE	COM	258K	SH	$5.47M 1.29%	258K	0.00
ONEMAIN HLDGS INCSOLE	COM	82.94K	SH	$5.06M 1.20%	82.94K	0.00
CAL MAINE FOODS INCSOLE	COM NEW	62K	SH	$4.99M 1.18%	62K	0.00

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