Miller Financial Services LLC
Long book
$89.7M
Q1 2026
Positions
119
Top-10 weight
34%
concentration
Last quarter
+7.4%
SPY +14.8%
Turnover
23%
of book per quarter
Strategy in plain words
auto-generated from filingsMiller Financial Services LLC is an institutional manager, running a $89.7M US long book across 119 positions.
The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES 7-10 YEAR TREASURY B, ISHARES 20+ YEAR TREASURY BD, APPLE INC, VANGUARD SHORT-TERM TREASURY, VANGUARD LONG-TERM TREASURY.
Over the last 6 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 2 of 6 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-2.8%
Q1 2025
+8.6%
Q2 2025
+6.4%
Q3 2025
+2.2%
Q4 2025
-1.6%
Q1 2026
+7.4%
Sector allocation
Technology 21%
Industrials 15%
Consumer discretionary 13%
Services media 10%
Healthcare 9%
Consumer staples 9%
Financials 8%
Utilities 7%
Long book by quarter
What does Miller Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 13.2K | $3.4M | 3.7% | -1.6% |
| AMZN AMAZON.COM INC | Consumer discretionary | 13.1K | $2.7M | 3.0% | +5.7% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 27.4K | $2.7M | 3.0% | -5.7% |
| ETN EATON CORP PLC | Industrials | 6.5K | $2.3M | 2.6% | -13.5% |
| SOFI SOFI TECHNOLOGIES INC | Financials | 113.7K | $1.8M | 2.0% | +8.6% |
| PEP PEPSICO INC | Consumer staples | 10.5K | $1.6M | 1.8% | -7.9% |
| KMI KINDER MORGAN INC | Utilities | 48.3K | $1.6M | 1.8% | -7.8% |
| CAG CONAGRA BRANDS INC | Consumer staples | 100.3K | $1.6M | 1.8% | +8.3% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 3.4K | $1.3M | 1.5% | +9.7% |
| NET CLOUDFLARE INC - CLASS A | Technology | 6.2K | $1.3M | 1.4% | +0.8% |
| V VISA INC-CLASS A SHARES | Services media | 4.2K | $1.3M | 1.4% | -0.4% |
| CAVA CAVA GROUP INC | Consumer discretionary | 14.9K | $1.2M | 1.3% | -1.8% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 19.7K | $1.2M | 1.3% | -1.3% |
| GOOGL ALPHABET INC-CL A | Technology | 4.0K | $1.2M | 1.3% | -2.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.4K | $1.1M | 1.3% | Held |
| VZ VERIZON COMMUNICATIONS INC | Communications | 22.4K | $1.1M | 1.3% | -7.9% |
| PYPL PAYPAL HOLDINGS INC | Services media | 23.6K | $1.1M | 1.2% | +351.7% |
| UBER UBER TECHNOLOGIES INC | Services media | 14.8K | $1.1M | 1.2% | -1.4% |
| MSFT MICROSOFT CORP | Technology | 2.6K | $971K | 1.1% | +12.7% |
| D DOMINION ENERGY INC | Utilities | 14.3K | $887K | 1.0% | +2.6% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 841 | $838K | 0.9% | +0.5% |
| MO ALTRIA GROUP INC | Consumer staples | 12.0K | $790K | 0.9% | +3.1% |
| GOOG ALPHABET INC-CL C | Technology | 2.7K | $763K | 0.8% | -2.9% |
| MA MASTERCARD INC - A | Services media | 1.5K | $752K | 0.8% | Held |
| HD HOME DEPOT INC | Consumer discretionary | 2.3K | $749K | 0.8% | +18.5% |
| GNRC GENERAC HOLDINGS INC | Industrials | 3.7K | $717K | 0.8% | -1.6% |
| MELI MERCADOLIBRE INC | Services media | 401 | $693K | 0.8% | +13.6% |
| CAT CATERPILLAR INC | Industrials | 943 | $668K | 0.7% | +29.4% |
| SHOP SHOPIFY INC - CLASS A | Technology | 5.5K | $654K | 0.7% | +0.3% |
| CHWY CHEWY INC - CLASS A | Consumer discretionary | 23.7K | $639K | 0.7% | -10.0% |
| ABT ABBOTT LABORATORIES | Healthcare | 6.0K | $616K | 0.7% | Held |
| OLN OLIN CORP | Materials | 19.7K | $585K | 0.7% | +1.9% |
| META META PLATFORMS INC-CLASS A | Technology | 972 | $556K | 0.6% | -2.6% |
| ORI OLD REPUBLIC INTL CORP | Financials | 13.8K | $550K | 0.6% | -2.4% |
| DE DEERE & CO | Industrials | 973 | $548K | 0.6% | +9.0% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 1.2K | $545K | 0.6% | +5.8% |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.7K | $539K | 0.6% | -0.9% |
| KMB KIMBERLY-CLARK CORP | Other | 5.6K | $537K | 0.6% | +53.3% |
| AMD ADVANCED MICRO DEVICES | Technology | 2.6K | $530K | 0.6% | -1.3% |
| PFE PFIZER INC | Healthcare | 17.9K | $504K | 0.6% | -1.9% |
| MMM 3M CO | Healthcare | 3.3K | $486K | 0.5% | -0.4% |
| RDN RADIAN GROUP INC | Financials | 14.4K | $476K | 0.5% | Held |
| LOW LOWE'S COS INC | Consumer discretionary | 1.9K | $450K | 0.5% | -2.6% |
| SLB SLB LTD | Energy | 8.5K | $439K | 0.5% | -2.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.7K | $428K | 0.5% | -2.8% |
| BA BOEING CO/THE | Industrials | 2.0K | $408K | 0.5% | New |
| SWK STANLEY BLACK & DECKER INC | Industrials | 5.4K | $387K | 0.4% | -12.8% |
| NOW SERVICENOW INC | Technology | 3.5K | $363K | 0.4% | New |
| RTX RTX CORP | Industrials | 1.9K | $361K | 0.4% | Held |
| FLG FLAGSTAR BANK NA | Financials | 26.6K | $350K | 0.4% | -5.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 125 | $91.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 135 | $85.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 113 | $86.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 107 | $78.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 5, 2025 | 97 | $69.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 128 | $118.4M | canonical | SEC ↗ |
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