Miller Investment Management, LP
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | SPY | $222.3M | 297,731 | +1.44pp | 31q | +1.9%+$4.1M | |
| SPDR SERIES TRUST | BILS | $121.7M | 1,225,012 | -1.33pp | 9q | -2.8%-$3.5M | |
| VANGUARD SCOTTSDALE FDS | VGSH | $89.5M | 1,537,843 | -1.55pp | 16q | -8.1%-$7.9M | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $79.4M | 158,746 | -0.09pp | 20q | +2.9%+$2.2M | |
| VANGUARD SCOTTSDALE FDS | VGIT | $76.7M | 1,300,506 | -0.84pp | 4q | -1.9%-$1.5M | |
| ISHARES TR | EFA | $67.5M | 649,538 | -0.13pp | 16q | HELD | |
| VANECK ETF TRUST | SMH | $62.7M | 95,530 | +2.11pp | 22q | +0.7%+$408.6K | |
| META PLATFORMS INC | META | $33.8M | 59,978 | -0.20pp | 19q | +3.6%+$1.2M | |
| ALPHABET INC | GOOGL | $32.0M | 89,592 | +0.41pp | 18q | +1.9%+$582.2K | |
| VANGUARD INDEX FDS | VV | $31.1M | 90,501 | +0.27pp | 16q | +4.3%+$1.3M | |
| ISHARES INC | EWJ | $30.6M | 328,285 | +0.09pp | 15q | +1.6%+$487.9K | |
| SELECT SECTOR SPDR TR | XLV | $30.5M | 192,381 | -0.17pp | 20q | -5.2%-$1.7M | |
| ISHARES TR | IWR | $21.1M | 191,472 | +0.11pp | 23q | +1.7%+$352.4K | |
| SELECT SECTOR SPDR TR | XLC | $18.4M | 171,942 | -0.18pp | 15q | +1.8%+$334.2K | |
| VANGUARD TAX-MANAGED FDS | VEA | $17.4M | 243,657 | +0.28pp | 19q | +19.1%+$2.8M | |
| VANGUARD INSTL INDEX FD | VBIL | $16.1M | 212,630 | flat | 4q | +8.5%+$1.3M | |
| MICROSOFT CORP | MSFT | $14.1M | 37,833 | -0.03pp | 31q | +5.0%+$675.5K | |
| AMAZON COM INC | AMZN | $12.8M | 53,686 | +0.08pp | 9q | +2.3%+$285.3K | |
| UNITED RENTALS INC | URI | $12.8M | 11,266 | +0.32pp | 31q | -3.8%-$499.6K | |
| VANECK ETF TRUST | PPH | $11.0M | 100,256 | -0.38pp | 15q | -25.1%-$3.7M | |
| VANECK ETF TRUST | BBH | $7.8M | 38,226 | -0.02pp | 17q | -1.9%-$149.6K | |
| CARDINAL HEALTH INC | CAH | $5.6M | 23,553 | +0.02pp | 31q | HELD | |
| ISHARES TR | IBB | $4.8M | 25,040 | -0.15pp | 14q | -28.6%-$1.9M | |
| VANGUARD INDEX FDS | VTI | $3.9M | 10,429 | +0.02pp | 31q | HELD | |
| VANGUARD SPECIALIZED FUNDS | VIG | $3.9M | 16,293 | flat | 11q | HELD | |
| JPMORGAN CHASE & CO | JPM | $3.7M | 11,410 | +0.01pp | 31q | HELD | |
| JOHNSON & JOHNSON | JNJ | $3.3M | 12,849 | -0.01pp | 31q | HELD | |
| PNC FINL SVCS GROUP INC | PNC | $3.1M | 12,580 | +0.02pp | 31q | HELD | |
| STATE STR SPDR DOW JONES IND | DIA | $3.0M | 5,717 | +0.01pp | 11q | HELD | |
| APPLE INC | AAPL | $2.7M | 9,215 | +0.01pp | 31q | HELD | |
| DEERE & CO | DE | $2.7M | 4,185 | +0.01pp | 31q | HELD | |
| EMERSON ELEC CO | EMR | $2.4M | 16,570 | -0.03pp | 31q | -12.7%-$343.6K | |
| CENTENE CORP DEL | CNC | $2.2M | 33,795 | +0.09pp | 31q | -2.9%-$64.2K | |
| ORACLE CORP | ORCL | $2.1M | 14,571 | +0.01pp | 31q | +15.9%+$293.0K | |
| RTX CORPORATION | RTX | $2.0M | 10,350 | -0.02pp | 25q | HELD | |
| AMGEN INC | AMGN | $1.8M | 5,098 | -0.01pp | 31q | HELD | |
| ISHARES TR | IWM | $1.8M | 6,138 | +0.02pp | 15q | HELD | |
| WELLS FARGO & CO | WFC | $1.7M | 20,342 | -0.01pp | 31q | HELD | |
| TIDAL TRUST I | GSPY | $1.6M | 40,578 | +0.01pp | 20q | HELD | |
| QUEST DIAGNOSTICS INC | DGX | $1.6M | 7,586 | flat | 31q | HELD | |
| INVESCO QQQ TR | QQQ | $1.5M | 2,084 | +0.02pp | 11q | HELD | |
| ELI LILLY & CO | LLY | $1.5M | 1,250 | +0.02pp | 23q | HELD | |
| TJX COS INC NEW | TJX | $1.4M | 9,214 | -0.02pp | 31q | HELD | |
| MEDTRONIC PLC | MDT | $1.2M | 15,885 | -0.02pp | 31q | HELD | |
| DISNEY WALT CO | DIS | $1.2M | 12,327 | +0.03pp | 31q | +49.2%+$391.4K | |
| HOME DEPOT INC | HD | $1.2M | 3,275 | flat | 31q | HELD | |
| AMPHENOL CORP | APH | $1.1M | 6,472 | +0.06pp | 4q | +68.1%+$462.1K | |
| PHILLIPS 66 | PSX | $1.1M | 6,500 | -0.02pp | 26q | HELD | |
| UNITED PARCEL SVCS INC | UPS | $1.1M | 9,947 | flat | 31q | HELD | |
| KIMBERLY-CLARK CORP | KMB | $1.0M | 9,321 | flat | 31q | HELD | |
| CHEVRON CORPORATION | CVX | $1.0M | 6,045 | -0.03pp | 31q | HELD | |
| STANLEY BLACK & DECKER INC | SWK | $993.4K | 10,555 | +0.02pp | 31q | HELD | |
| ONITY GROUP INC | ONIT | $985.7K | 24,798 | -0.01pp | 21q | HELD | |
| NVIDIA CORPORATION | NVDA | $943.8K | 4,717 | +0.03pp | 4q | +55.0%+$334.8K | |
| 3M CO | MMM | $909.1K | 5,615 | flat | 31q | HELD | |
| VANGUARD INDEX FDS | VOO | $862.6K | 1,256 | flat | 10q | HELD | |
| CENCORA INC | COR | $861.7K | 3,045 | -0.02pp | 31q | HELD | |
| CROWN HLDGS INC | CCK | $829.8K | 7,421 | flat | 31q | HELD | |
| COMCAST CORP NEW | CMCSA | $755.0K | 30,755 | -0.02pp | 31q | HELD | |
| VANGUARD INTL EQUITY INDEX F | VEU | $727.4K | 8,685 | flat | 31q | HELD | |
| CINTAS CORP | CTAS | $681.0K | 4,004 | -0.01pp | 31q | HELD | |
| ALPS ETF TR | AMLP | $678.1K | 13,079 | -0.01pp | 19q | HELD | |
| SPDR SERIES TRUST | BIL | $657.9K | 7,179 | -0.01pp | 17q | HELD | |
| PEPSICO INC | PEP | $627.0K | 4,631 | -0.01pp | 31q | HELD | |
| ILLINOIS TOOL WKS INC | ITW | $623.4K | 2,305 | flat | 31q | HELD | |
| GENERAL DYNAMICS CORP | GD | $550.5K | 1,554 | flat | 31q | HELD | |
| SPDR SERIES TRUST | XBI | $543.6K | 3,435 | +0.01pp | 31q | HELD | |
| ABBVIE INC | ABBV | $538.5K | 2,140 | -0.02pp | 31q | -36.9%-$314.6K | |
| BECTON DICKINSON & CO | BDX | $513.9K | 3,396 | -0.01pp | 31q | HELD | |
| INTERNATIONAL BUSINESS MACHS | IBM | $512.4K | 1,822 | flat | 31q | HELD | |
| CONSTELLATION BRANDS INC | STZ | $493.8K | 3,550 | -0.01pp | 31q | HELD | |
| AEGON LTD | AEG | $481.2K | 57,015 | flat | 11q | HELD | |
| ALPHABET INC | GOOG | $466.4K | 1,320 | +0.01pp | 10q | HELD | |
| CARRIER GLOBAL CORPORATION | CARR | $428.4K | 5,840 | +0.01pp | 25q | HELD | |
| GALLAGHER ARTHUR J & CO | AJG | $383.8K | 1,672 | flat | 23q | HELD | |
| INVESCO EXCHANGE TRADED FD T | PKW | $378.9K | 2,675 | flat | 15q | HELD | |
| AVERY DENNISON CORP | AVY | $362.0K | 2,230 | -0.01pp | 31q | HELD | |
| VANGUARD INTL EQUITY INDEX F | VGK | $272.1K | 3,073 | flat | 2q | +1.4%+$3.6K | |
| QUALCOMM INC | QCOM | $267.6K | 1,448 | - | new | NEW | |
| TELEDYNE TECHNOLOGIES INC | TDY | $254.1K | 381 | flat | 2q | HELD | |
| ACCENTURE PLC IRELAND | ACN | $228.1K | 1,833 | -0.02pp | 31q | HELD | |
| HANOVER INS GROUP INC | THG | $219.5K | 1,025 | - | new | NEW | |
| GOLDMAN SACHS GROUP INC | GS | $204.3K | 202 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Funds & ETFs | $226.9M | 20.7% |
| Insurance | $82.7M | 7.6% |
| Software & IT Services | $82.5M | 7.5% |
| Other sectors | $80.4M | 7.3% |
| Not classified | $622.2M | 56.8% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $1.1B | 83 | 3 | 18 | 11 | 6 | 74.6% | 44 |
| Q1 2026 | $1.0B | 86 | 3 | 15 | 14 | 6 | 75.1% | 38 |
| Q4 2025 | $1.0B | 89 | 1 | 8 | 24 | 10 | 71.7% | 42 |
| Q3 2025 | $995.1M | 98 | 5 | 11 | 31 | 3 | 70.0% | 41 |
| Q2 2025 | $952.4M | 96 | 2 | 4 | 21 | 3 | 70.0% | 37 |
| Q1 2025 | $904.0M | 97 | 2 | 1 | 15 | 5 | 69.6% | 37 |
| Q4 2024 | $913.6M | 100 | 1 | 1 | 15 | 5 | 68.3% | 44 |
| Q3 2024 | $960.4M | 104 | 2 | 15 | 17 | 1 | 67.4% | 45 |
| Q2 2024 | $836.9M | 103 | 2 | 17 | 11 | 4 | 63.6% | 44 |
| Q1 2024 | $782.7M | 105 | 3 | 19 | 8 | 0 | 61.8% | 44 |
| Q4 2023 | $702.9M | 102 | 9 | 7 | 23 | 4 | 61.6% | 43 |
| Q3 2023 | $635.4M | 97 | 1 | 4 | 17 | 0 | 64.2% | 44 |
| Q2 2023 | $655.7M | 96 | 2 | 7 | 6 | 1 | 63.8% | 46 |
| Q1 2023 | $605.7M | 95 | 3 | 3 | 27 | 2 | 64.8% | 45 |
| Q4 2022 | $587.0M | 94 | 11 | 6 | 24 | 7 | 65.0% | 44 |
| Q3 2022 | $479.0M | 90 | 4 | 3 | 19 | 4 | 68.5% | 45 |
| Q2 2022 | $486.2M | 90 | 4 | 2 | 17 | 10 | 69.8% | 46 |
| Q1 2022 | $634.8M | 96 | 5 | 6 | 9 | 5 | 68.8% | 43 |
| Q4 2021 | $699.0M | 96 | 10 | 4 | 23 | 3 | 69.5% | 42 |
| Q3 2021 | $582.0M | 89 | 16 | 3 | 18 | 7 | 74.3% | 43 |
| Q2 2021 | $574.5M | 80 | 2 | 7 | 6 | 1 | 82.0% | 37 |
| Q1 2021 | $540.9M | 79 | 6 | 9 | 12 | 4 | 81.9% | 42 |
| Q4 2020 | $536.7M | 77 | 9 | 6 | 15 | 1 | 83.1% | 43 |
| Q3 2020 | $408.7M | 69 | 4 | 6 | 4 | 3 | 83.8% | 43 |
| Q2 2020 | $340.0M | 68 | 3 | 6 | 3 | 7 | 82.8% | 38 |
| Q1 2020 | $310.8M | 72 | 3 | 5 | 8 | 9 | 82.8% | 37 |
| Q4 2019 | $450.7M | 78 | 4 | 8 | 10 | 3 | 81.7% | 34 |
| Q3 2019 | $439.7M | 77 | 2 | 5 | 12 | 2 | 81.8% | 38 |
| Q2 2019 | $437.8M | 77 | 2 | 10 | 9 | 2 | 81.7% | 32 |
| Q1 2019 | $380.6M | 77 | 5 | 5 | 14 | 3 | 80.9% | 39 |
| Q4 2018 | $339.9M | 75 | 0 | 0 | 0 | 0 | 80.7% | 42 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.