Legendary Value Investor Bill Miller’s Portfolio: Top Stock Picks

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Bill Miller is an American investor who has worked in the financial sector for decades. Miller Value Partners has him as its chairman and chief investment officer. In addition, Mr. Miller oversees the Opportunity Trust Fund and the Income Fund for his company. Mr. They operate out of Baltimore, Maryland. As a native of North Carolina, the hedge fund manager attended the Washington and Lee University in Lexington, Virginia, and earned a degree in Economics. After serving in the military as a military intelligence officer, he is one of the few hedge fund executives with military experience. It was reported that Miller Value’s second-quarter return was 3.8 percent, and that its year-end portfolio was $4.1 billion. Amazon.com, Inc. is the fund’s most significant holding.

Insider Monkey picked out Mr. Miller’s top ten stock picks. BABA reported RMB200 billion in revenue and RMB11.20 in non-GAAP EPS, which fell short of expectations on Wall Street. Until November 2021, Goldman Sachs had a price target of $252 for the company, but it has now been reduced to $215. In Diamondback Energy, Inc., Natixis Global Asset Management’s Harris Associates is the company’s largest shareholder. It has 3.2 million shares worth $310 million in its possession. Thousands of wells are owned by the company, which has proven reserves of over a million barrels. For its fiscal third quarter, Teva Pharmaceutical Industries Limited reported revenue of $3.9 billion and non-GAAP EPS of $0.59, which were below expectations. Teva Pharmaceuticals Limited’s largest shareholder is Warren Buffett’s Berkshire Hathaway, which has a $416 million stake. Revenue and non-GAAP earnings expectations were missed by Norwegian Cruise Line Holdings Ltd. in its fiscal Q3. Richard Merage’s MIG Capital, which owns 1.8 million shares worth $49 million, is the company’s second-largest shareholder after Mr. Miller. NYSE:ADT earned $1.32 billion in revenues and -$0.07 in non-GAAP EPS, beating expectations only for revenue, which was a positive sign. In July 2021, RBC Capital set a $12 target price for the company. For more details, click Legendary Value Investor Bill Miller’s Portfolio: Top 10 Stock Picks.

 

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