Miller founded his firm, Miller Value Partners, and it had $2.6 billion in assets under management at the end of December. Even after a big year for his portfolio and for stocks overall, Miller told his investors in a letter last week that he expects stocks to rise again in 2020.
The latest securities filing for Miller Value Partners was released in November, but Miller told his investors that he kept his holdings intact during the fourth quarter. Here are a few of his biggest holdings at the end of the third quarter, according to the securities filing.
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Investor Bill Miller doubles returns in 2019, and says stocks will rise even further in 2020Bill Miller came back with a bang in 2019, riding the stock market's relentless rally to record highs. He also thinks there may be more gains in 2020. Roughly akin to what Bill Miller said in 2008.
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