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Bill Miller

Miller Value Partners

Bill Miller Western Alliance Bancorporation stake

total: 460

Miller Value Partners WAL trades

Total transactions:
11
New positions:
1
Added:
3
Reduced:
7
Held since:
2023 Q1
Held for:
13 quarters
Latest activity:
2026 Q1
According to 2026 Q1 report, Bill Miller holds 55,252 Western Alliance Bancorporation (WAL) shares with a market value of roughly $3.91M accounting for 1.02% of the overall portfolio. To date, the estimated cost basis is nearly $38.43 for "buy" trades and estimated average "sell" price is $74.81. Miller Value Partners first purchased WAL in 2023 Q1, initially acquiring 58,400 shares. Since the initial investment in Western Alliance Bancorporation (WAL), Miller Value Partners has made 10 more transactions.

How many WAL shares does Bill Miller currently hold?

According to 2026 Q1 report, Bill Miller holds 55,252 shares of Western Alliance Bancorporation (WAL), valued at around $3.91M.

When did Bill Miller buy Western Alliance Bancorporation (WAL)?

Bill Miller first invested in Western Alliance Bancorporation (WAL) in 2023 Q1 at the reported quarter-end price of $35.54 per share.

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

The estimated cost basis for Western Alliance Bancorporation (WAL) stake is around $38.43 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$38.43
Weighted AVG sell price:
$74.81

Bill Miller's historical trades in Western Alliance Bancorporation

11 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2026 Q1
1.02%
55,252
$70.85
$3,914,604
-14.28% (-9,203)
-0.23%
2025 Q4
1.91%
64,455
$84.07
$5,418,732
+1.58% (+1,000)
+0.03%
2025 Q3
2.02%
63,455
$86.72
$5,502,818
-23.97% (-20,000)
-0.74%
2025 Q1
2.92%
83,455
$76.83
$6,411,848
-40.86% (-57,655)
-1.89%
2024 Q4
5.03%
141,110
$83.54
$11,788,328
+6.14% (+8,165)
+0.29%
2024 Q3
6.49%
132,945
$86.49
$11,498,413
-6.45% (-9,160)
-0.51%
2024 Q2
5.70%
142,105
$62.82
$8,927,035
-1.52% (-2,200)
-0.09%
2024 Q1
5.92%
144,305
$64.19
$9,262,938
-17.37% (-30,335)
-1.16%
2023 Q4
6.82%
174,640
$65.79
$11,489,566
-4.63% (-8,469)
-0.35%
2023 Q2
4.39%
183,109
$36.47
$6,677,985
+213.54% (+124,709)
+2.99%
2023 Q1
0.13%
$35.54
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.