Miller Investment Management, L.P. 13F annual report
Miller Investment Management, L.P. is an investment fund managing more than $836 billion ran by Christine Dostillio. There are currently 86 companies in Mrs. Dostillio’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and Berkshire Hathaway, together worth $244 billion.
$836 billion Assets Under Management (AUM)
As of 6th August 2024, Miller Investment Management, L.P.’s top holding is 322,197 shares of Spdr Sp 500 Etf Tr currently worth over $175 billion and making up 21.0% of the portfolio value.
In addition, the fund holds 168,917 shares of Berkshire Hathaway worth $68.7 billion, whose value grew 10.9% in the past six months.
The third-largest holding is Ishares Tr worth $109 billion and the next is Vanguard Scottsdale Fds worth $43.5 billion, with 750,062 shares owned.
Currently, Miller Investment Management, L.P.'s portfolio is worth at least $836 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Miller Investment Management, L.P.
The Miller Investment Management, L.P. office and employees reside in West Conshohocken, Pennsylvania. According to the last 13-F report filed with the SEC, Christine Dostillio serves as the Chief Compliance Officer at Miller Investment Management, L.P..
Recent trades
In the most recent 13F filing, Miller Investment Management, L.P. revealed that it had opened a new position in
Spdr Ser Tr and bought 413,344 shares worth $41.1 billion.
The investment fund also strengthened its position in Spdr Sp 500 Etf Tr by buying
1,525 additional shares.
This makes their stake in Spdr Sp 500 Etf Tr total 322,197 shares worth $175 billion.
On the other hand, there are companies that Miller Investment Management, L.P. is getting rid of from its portfolio.
Miller Investment Management, L.P. closed its position in Invesco Exchange Traded Fd T on 13th August 2024.
It sold the previously owned 130,947 shares for $6.21 billion.
Christine Dostillio also disclosed a decreased stake in Select Sector Spdr Tr by 0.2%.
This leaves the value of the investment at $76.1 billion and 830,954 shares.
One of the average hedge funds
The two most similar investment funds to Miller Investment Management, L.P. are Buckingham Capital Management and Means Investment Co., Inc. They manage $836 billion and $835 billion respectively.
Christine Dostillio investment strategy
Miller Investment Management, L.P.’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Finance — making up 8.3% of
the total portfolio value.
The fund focuses on investments in the United States as
45.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
43% of the total holdings value.
On the other hand, small-cap stocks make up only 2.3% of the portfolio.
The average market cap of the portfolio companies is close to $234 billion.
The complete list of Miller Investment Management, L.P. trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Spdr Sp 500 Etf Tr |
0.48%
322,197
|
$175,346,056,000 | 20.98% |
| Berkshire Hathaway Inc. |
0.26%
168,917
|
$68,715,436,000 | 8.22% |
| Ishares Tr |
1.64%
1,218,505
|
$109,035,171,000 | 13.04% |
| Vanguard Scottsdale Fds |
103.26%
750,062
|
$43,496,095,000 | 5.20% |
| Spdr Ser Tr |
Opened
413,344
|
$41,073,993,000 | 4.91% |
| Meta Platforms Inc |
2.32%
61,818
|
$31,169,872,000 | 3.73% |
| Vaneck Vectors Etf Tr |
49.55%
118,288
|
$30,837,682,000 | 3.69% |
| Select Sector Spdr Tr |
18.50%
830,954
|
$76,063,561,000 | 9.10% |
| Ishares Inc |
0.23%
416,525
|
$28,423,666,000 | 3.40% |
| VanEck ETF Trust |
15.11%
303,454
|
$35,078,973,000 | 4.20% |
| First Tr Nasdaq 100 Tech Ind |
2.10%
85,610
|
$16,904,551,000 | 2.02% |
| Lennar Corp. |
14.11%
90,871
|
$13,618,837,000 | 1.63% |
| Alphabet Inc |
25.13%
75,609
|
$13,773,855,000 | 1.65% |
| Tidal Etf Tr |
41.65%
424,044
|
$12,604,623,000 | 1.51% |
| D.R. Horton Inc. |
0.73%
86,248
|
$12,154,931,000 | 1.45% |
| NVR Inc. |
8.26%
1,534
|
$11,640,851,000 | 1.39% |
| Microsoft Corporation |
77.29%
21,550
|
$9,631,773,000 | 1.15% |
| United Rentals, Inc. |
No change
12,622
|
$8,163,026,000 | 0.98% |
| Invesco Exchange Traded Fd T |
Closed
130,947
|
$6,213,693,000 | |
| Vanguard Specialized Funds |
No change
23,831
|
$4,350,349,000 | 0.52% |
| Vanguard Intl Equity Index F |
1.34%
70,693
|
$4,145,438,000 | 0.50% |
| Amazon.com Inc. |
Opened
20,615
|
$3,983,849,000 | 0.48% |
| Jpmorgan Chase Co |
No change
18,935
|
$3,829,793,000 | 0.46% |
| Emerson Elec Co |
No change
30,375
|
$3,346,110,000 | 0.40% |
| Pnc Finl Svcs Group Inc |
No change
21,260
|
$3,305,505,000 | 0.40% |
| Wal-mart Stores Inc |
No change
48,450
|
$3,280,550,000 | 0.39% |
| Vanguard Index Fds |
29.70%
26,702
|
$7,514,862,000 | 0.90% |
| Johnson And Johnson |
No change
21,275
|
$3,109,554,000 | 0.37% |
| Spdr Sp Midcap 400 Etf Tr |
No change
5,201
|
$2,782,951,000 | 0.33% |
| Centene Corp. |
1.53%
36,295
|
$2,406,359,000 | 0.29% |
| Cardinal Health, Inc. |
No change
23,471
|
$2,307,669,000 | 0.28% |
| United Parcel Service, Inc. |
No change
16,859
|
$2,307,154,000 | 0.28% |
| Spdr Dow Jones Indl Average |
52.40%
5,717
|
$2,236,090,000 | 0.27% |
| Medtronic Inc |
No change
26,165
|
$2,059,447,000 | 0.25% |
| Wells Fargo Co New |
No change
34,082
|
$2,024,130,000 | 0.24% |
| Kimberly-Clark Corp. |
No change
14,626
|
$2,021,313,000 | 0.24% |
| Apple Inc |
No change
9,503
|
$2,001,522,000 | 0.24% |
| Comcast Corp New |
No change
49,535
|
$1,939,791,000 | 0.23% |
| Vanguard World Fds |
Closed
9,448
|
$1,931,455,000 | |
| Deere Company |
No change
4,945
|
$1,847,600,000 | 0.22% |
| Quest Diagnostics, Inc. |
No change
13,153
|
$1,800,383,000 | 0.22% |
| Raytheon Technologies Corp |
No change
17,500
|
$1,756,825,000 | 0.21% |
| Chevron Corp. |
No change
10,220
|
$1,598,612,000 | 0.19% |
| AMGEN Inc. |
No change
5,098
|
$1,592,870,000 | 0.19% |
| Constellation Brands Inc |
No change
6,000
|
$1,543,680,000 | 0.18% |
| Oracle Corp. |
No change
10,543
|
$1,488,672,000 | 0.18% |
| Arch Cap Group Ltd |
No change
14,315
|
$1,444,240,000 | 0.17% |
| Stanley Black Decker Inc |
No change
17,845
|
$1,425,637,000 | 0.17% |
| Pacer Fds Tr |
No change
25,503
|
$1,389,658,000 | 0.17% |
| Becton Dickinson Co |
No change
5,087
|
$1,188,883,000 | 0.14% |
| Dover Corp. |
No change
6,542
|
$1,180,504,000 | 0.14% |
| Home Depot, Inc. |
No change
3,404
|
$1,171,793,000 | 0.14% |
| Lilly Eli Co |
No change
1,250
|
$1,131,725,000 | 0.14% |
| Ishares Tr |
Closed
3,779
|
$1,088,465,000 | |
| Tjx Cos Inc New |
No change
9,534
|
$1,049,693,000 | 0.13% |
| Alps Etf Tr |
0.16%
21,656
|
$1,039,055,000 | 0.12% |
| Vanguard Tax-managed Intl Fd |
No change
20,187
|
$997,642,000 | 0.12% |
| 3M Co. |
No change
9,490
|
$969,783,000 | 0.12% |
| Illinois Tool Wks Inc |
No change
3,885
|
$920,590,000 | 0.11% |
| Phillips 66 |
No change
6,500
|
$917,605,000 | 0.11% |
| Genuine Parts Co. |
No change
6,570
|
$908,762,000 | 0.11% |
| Spdr Ser Tr |
No change
8,679
|
$796,559,000 | 0.10% |
| Pepsico Inc |
No change
4,631
|
$763,791,000 | 0.09% |
| Mcdonalds Corp |
No change
2,826
|
$720,178,000 | 0.09% |
| Cintas Corporation |
No change
1,001
|
$700,960,000 | 0.08% |
| Amerisourcebergen Corp |
No change
3,045
|
$686,039,000 | 0.08% |
| SPDR Series Trust |
No change
6,575
|
$609,568,000 | 0.07% |
| Ocwen Finl Corp |
23.79%
24,798
|
$594,656,000 | 0.07% |
| Abbvie Inc |
No change
3,390
|
$581,453,000 | 0.07% |
| Accenture Plc Ireland |
No change
1,833
|
$556,151,000 | 0.07% |
| Crown Holdings, Inc. |
No change
7,421
|
$552,048,000 | 0.07% |
| Avery Dennison Corp. |
No change
2,230
|
$487,590,000 | 0.06% |
| General Dynamics Corp. |
No change
1,554
|
$450,878,000 | 0.05% |
| Gallagher Arthur J Co |
No change
1,672
|
$433,566,000 | 0.05% |
| Carrier Global Corporation |
No change
5,840
|
$368,387,000 | 0.04% |
| Nike, Inc. |
No change
4,771
|
$359,590,000 | 0.04% |
| Walt Disney Company |
No change
3,523
|
$349,799,000 | 0.04% |
| Aegon Ltd. |
No change
57,015
|
$349,502,000 | 0.04% |
| Coca-Cola Co |
No change
5,292
|
$336,836,000 | 0.04% |
| International Business Machs |
No change
1,822
|
$315,115,000 | 0.04% |
| Qualcomm, Inc. |
No change
1,448
|
$288,413,000 | 0.03% |
| Devon Energy Corp. |
No change
6,000
|
$284,400,000 | 0.03% |
| Invesco Exchange Traded Fd T |
No change
2,675
|
$277,933,000 | 0.03% |
| Exxon Mobil Corp. |
13.81%
2,390
|
$275,140,000 | 0.03% |
| Danaher Corp. |
No change
992
|
$247,851,000 | 0.03% |
| American Centy Etf Tr |
No change
2,519
|
$226,005,000 | 0.03% |
| Cigna Group (The) |
No change
620
|
$204,953,000 | 0.02% |
| Codexis Inc. |
No change
11,693
|
$36,248,000 | 0.00% |
| Citius Pharmaceuticals Inc |
No change
50,000
|
$29,185,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 89 holdings | |||
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