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Bill Miller

Miller Value Partners

Bill Miller SPDR S&P 500 ETF Trust stake

total: 460

Miller Value Partners SPY trades

Total transactions:
18
New positions:
5
Sold out:
4
Added:
5
Reduced:
4
Held since:
2026 Q1
Held for:
1 quarter
Latest activity:
2026 Q1
According to 2026 Q1 report, Bill Miller holds 30,044 SPDR S&P 500 ETF Trust (SPY) shares with a market value of roughly $19.54M accounting for 5.10% of the overall portfolio. To date, the estimated cost basis is nearly $650.34 for "buy" trades. Miller Value Partners first purchased SPY in 2015 Q4, initially acquiring 72,750 shares. Bill Miller later completely sold out the position and invested in SPDR S&P 500 ETF Trust again in 2026 Q1. Since the initial investment in SPDR S&P 500 ETF Trust (SPY), Miller Value Partners has made 17 more transactions.

How many SPY shares does Bill Miller currently hold?

According to 2026 Q1 report, Bill Miller holds 30,044 shares of SPDR S&P 500 ETF Trust (SPY), valued at around $19.54M.

When did Bill Miller buy SPDR S&P 500 ETF Trust (SPY)?

Bill Miller first invested in SPDR S&P 500 ETF Trust (SPY) in 2015 Q4 at the reported quarter-end price of $203.88 per share.

What's the cost basis of Miller Value Partners's SPY stake?

The estimated cost basis for SPDR S&P 500 ETF Trust (SPY) stake is around $650.34 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$650.34

Bill Miller's historical trades in SPDR S&P 500 ETF Trust

18 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2026 Q1
5.10%
30,044
$650.34
$19,538,815
new
+5.1%
2023 Q1
0.00%
0
$382.45
-100% (-20,062)
-0.5%
2022 Q4
0.50%
20,062
$382.45
$7,672,693
+2.99% (+582)
+0.01%
2022 Q3
0.42%
19,480
$357.19
$6,958,000
-11.19% (-2,454)
-0.05%
2022 Q2
0.46%
21,934
$377.27
$8,275,000
new
+0.46%
2022 Q1
0.00%
0
$474.92
-100% (-4,685)
-0.08%
2021 Q4
0.08%
4,685
$474.92
$2,225,000
+294.69% (+3,498)
+0.06%
2021 Q3
0.02%
1,187
$428.81
$509,000
new
+0.02%
2019 Q1
0.00%
$249.92
-100% (-21,215)
2018 Q4
0.24%
$249.92
-83.12% (-104,466)
2018 Q3
1.19%
$290.72
+20.87% (+21,704)
2018 Q2
1.06%
$271.28
+19.23% (+16,767)
2018 Q1
0.98%
$263.15
+73.41% (+36,920)
2017 Q4
0.58%
$266.85
-0.96% (-485)
2017 Q3
0.59%
$251.23
-0.33% (-167)
2017 Q2
0.56%
$241.80
new
2016 Q1
0.00%
$203.88
-100% (-72,750)
2015 Q4
0.57%
$203.88
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.