Legendary Investor Bill Miller's Fund Is Loading Up on This 6.3%-Yielding Dividend Stock. Here's Why I Plan to Buy More of It, Too.
Many investment managers have a hard time beating the S&P 500. Not Bill Miller. When he ran Legg Mason Capital Management's Value Trust, Miller delivered higher returns than the S&P 500 for 15 consecutive years, from 1990 to 2005.Miller founded Miller Value Partners and served as its chairman and chief investment officer through May 2023. He passed the baton to his son, Bill Miller IV, who is carrying on the family legacy.Miller Value Partners' investment portfolio includes 34 stocks. The hedge fund added only three new positions in the first quarter of 2025. What was its biggest new holding? Verizon Communications (NYSE: VZ).Continue reading
Many investment managers have a hard time beating the S&P 500. Not Bill Miller. When he ran Legg Mason Capital Management's Value Trust, Miller delivered higher returns than the S&P 500 for 15 consecutive years, from 1990 to 2005.
Miller founded Miller Value Partners and served as its chairman and chief investment officer through May 2023. He passed the baton to his son, Bill Miller IV, who is carrying on the family legacy.
Miller Value Partners' investment portfolio includes 34 stocks. The hedge fund added only three new positions in the first quarter of 2025. What was its biggest new holding? Verizon Communications (NYSE: VZ).
