Bill Miller – Miller Value Partners Sector Allocation & Investment Breakdown (Jun 30, 2025)

As of Jun 30, 2025, the Miller Value Partners portfolio managed by Bill Miller was diversified across 12 sectors, according to the most recent SEC 13F filing dated Aug 14, 2025. This allocation breakdown highlights where the portfolio is most concentrated and how capital is distributed across industries.

The Financial Services sector represents the largest share at 28.9% of total portfolio value, followed by Communication Services and ETF and Industrials. Together, the top three sectors account for 56.1% of the portfolio, reflecting Bill Miller's emphasis on strategic positioning. This sector allocation provides insights into the fund's investment strategy and risk exposure.