Miller Value Partners MSTR trades
Bill Miller
Bill Miller Strategy Inc stake
total: 463
Trades details
- Total transactions:
- 8
- New positions:
- 2
- Sold out:
- 1
- Added:
- 2
- Reduced:
- 3
- Held since:
- 2024 Q3
- Held for:
- 8 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Bill Miller holds 50,203 Strategy Inc (MSTR) shares with a market value of roughly $4.36M accounting for 1.03% of the overall portfolio. To date, the estimated cost basis is nearly $153.2 for "buy" trades and estimated average "sell" price is $279.42. Miller Value Partners first purchased MSTR in 2020 Q4, initially acquiring 3,500 shares. Bill Miller later completely sold out the position and invested in Strategy Inc again in 2024 Q3. Since the initial investment in Strategy Inc (MSTR), Miller Value Partners has made 7 more transactions.
When did Bill Miller buy Strategy Inc (MSTR)?
Bill Miller first invested in Strategy Inc (MSTR) in 2020 Q4 at the reported quarter-end price of $388.57 per share.
What's the cost basis of Miller Value Partners's MSTR stake?
The estimated cost basis for Strategy Inc (MSTR) stake is around $153.20 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $153.20
- Weighted AVG sell price:
- $279.42
Bill Miller's historical trades in Strategy Inc
8 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
1.03%
|
50,203
|
$86.93
|
$4,364,147
|
-3.56% (-1,855)
|
-0.04%
|
|
2026 Q1
|
1.70%
|
52,058
|
$124.80
|
$6,496,838
|
+106.17% (+26,808)
|
+0.87%
|
|
2025 Q4
|
1.35%
|
25,250
|
$151.95
|
$3,836,737
|
+65.57% (+10,000)
|
+0.54%
|
|
2024 Q4
|
1.89%
|
15,250
|
$289.62
|
$4,416,705
|
-69.65% (-35,000)
|
-5.72%
|
|
2024 Q3
|
4.78%
|
50,250
|
$168.60
|
$8,472,150
|
new
|
+4.78%
|
|
2021 Q4
|
0.00%
|
0
|
$577.68
|
|
-100% (-663)
|
-0.01%
|
|
2021 Q1
|
0.01%
|
663
|
$678.73
|
$450,000
|
-81.06% (-2,837)
|
-0.07%
|
|
2020 Q4
|
0.05%
|
$388.57
|
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.
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.