MI

Miller Investment Management, LP

分散型投资策略趋势追踪型行业集中型

申报总市值

US$10.1亿

申报季度: 2026-03-31 · 持股只数: 86

Miller Investment Management, LP在最新一期 13F 报告中披露了 86 项持股，申报期为 2026-03-31，总持股市值约为 US$10.1亿，季度换手率为 13.4%。

机构性格雪花图

集中度
33.29
持仓稳定性
13.43
动能／逆势
100
行业集中度
72.38
多样化
100
仓位均衡度
75.04

近期动向

  • 加仓 BILS

    +24.9%　US$2522.6万

  • 加仓 VGSH

    +12.8%　US$1087.1万

  • 加仓 VGIT

    +11.4%　US$759.9万

  • 加仓 VV

    +38.0%　US$613.8万

  • 减仓 SPY

    +0.4%　-US$836.6万

  • 减仓 EFA

    -8.9%　-US$542.3万

持仓地图

新建仓加仓不变减仓

前十大持股占比

本季完整持股清单

#代码标的名称资产子类别占比占比变动持仓量变化4Q Trend
1SPYSs Spdr S&p 500 ETF Trust-usETF-大型股与成长18.87%-0.51%+0.43%
2BILSSs Spdrb B 3-12m T-bill ETFETF-其他12.45%+2.67%+24.92%
3VGSHVanguard Short-term TreasuryETF-政府公债9.73%+1.22%+12.84%
4VGITVanguard Intermediate-term TETF-其他7.84%+0.87%+11.35%
5BRK-BBerkshire Hathaway Inc-cl B股票-其他7.34%-0.22%+0.15%
6EFAIshares Msci Eafe ETFETF-其他6.29%-0.42%-8.93%
7SMHVaneck Semiconductor ETFETF-其他3.61%+0.21%-1.80%
8METAMeta Platforms Inc-class A股票-通信服务3.29%-0.36%+2.26%
9XLVSs Health Care Select SectorETF-其他2.95%-0.05%+2.31%
10✓ Ishares INC Msci Japan ETFETF-其他2.71%-0.02%-6.56%
11VVVanguard Large-cap ETFETF-其他2.57%+0.64%+38.02%
12GOOGLAlphabet Inc-cl A股票-通信服务2.51%-0.16%+0.68%
13XLCSs Comm Select Sector SpdrETF-其他1.86%-0.08%-0.09%
14IWRIshares Russell Mid-cap ETFETF-其他1.82%-0.01%-3.23%
15VBILVanguard 0-3m T-bill ETFETF-其他1.47%+0.14%+8.29%
16✓ Vaneck ETF TrustETF-其他1.38%-0.16%-12.42%
17MSFTMicrosoft CORP股票-科技1.32%-0.32%+3.65%
18VEAVanguard Ftse Developed ETFETF-其他1.30%+0.34%+29.87%
19AMZNAmazon.com INC股票-周期性消费1.09%-0.08%+1.34%
20URIUnited Rentals INC股票-工业0.85%-0.08%—
21BBHVaneck Biotech ETFETF-科技型0.73%—+0.10%
22IBBIshares Biotechnology ETFETF-科技型0.59%-0.03%-6.28%
23CAHCardinal Health INC股票-医疗保健0.49%——
24VIGVanguard Dividend Apprec ETFETF-其他0.35%——
25JPMJpmorgan Chase & Co股票-金融0.33%-0.03%—
26VTIVanguard Total Stock Mkt ETFETF-其他0.33%-0.03%-4.36%
27JNJJohnson & Johnson股票-医疗保健0.31%+0.05%—
28DIASs Spdr Dow Jones Indus AvgETF-大型股与成长0.26%——
29PNCPnc Financial Services Group股票-金融0.26%——
30EMREmerson Electric Co股票-工业0.25%——
31DEDeere & Co股票-工业0.23%—-15.37%
32AAPLApple INC股票-科技0.23%-0.02%-0.80%
33RTXRtx CORP股票-工业0.20%——
34ORCLOracle CORP股票-科技0.18%-0.03%+15.35%
35AMGNAmgen INC股票-医疗保健0.18%——
36WFCWells Fargo & Co股票-金融0.16%-0.03%—
37IWMIshares Russell 2000 ETFETF-中小型股0.15%——
38DGXQuest Diagnostics INC股票-医疗保健0.15%+0.02%—
39TJXTjx Companies INC股票-周期性消费0.15%—-3.36%
40GSPYGotham Enhanced 500 ETFETF-其他0.14%——
41MDTMedtronic plc股票-医疗保健0.14%-0.01%—
42CVXChevron CORP股票-能源0.12%+0.03%—
43QQQInvesco Qqq Trust Series 1ETF-科技型0.12%——
44PSXPhillips 66股票-能源0.12%+0.04%—
45LLYEli Lilly & Co股票-医疗保健0.11%-0.02%—
46CNCCentene CORP股票-医疗保健0.11%-0.03%-1.42%
47HDHome Depot INC股票-周期性消费0.11%—-3.79%
48UPSUnited Parcel Service-cl B股票-工业0.10%——
49ONITOnity Group INC股票-其他0.10%-0.01%—
50CORCencora INC股票-医疗保健0.09%——
1–50 of 86

本季持股变动

Miller Investment Management, LP 在 2026-03-31 最显著的持仓异动： 清仓: Dr Horton INC (DHI); 清仓: Nvr INC (NVR); 清仓: Lennar Corp-a (LEN); 清仓: Walmart INC (WMT); 清仓: Accenture plc (ACN).

Miller Investment Management, LP 于截至 2026-03-31 该季申报之持仓异动，含代码、发行人、权重变化、股数变化与操作类型
#代码标的名称占比变动持仓量变化异动类型
1BILSSs Spdrb B 3-12m T-bill ETF+2.7%+24.92%加仓
2VGSHVanguard Short-term Treasury+1.2%+12.84%加仓
3VGITVanguard Intermediate-term T+0.9%+11.35%加仓
4VVVanguard Large-cap ETF+0.6%+38.02%加仓
5VEAVanguard Ftse Developed ETF+0.3%+29.87%加仓
6SMHVaneck Semiconductor ETF+0.2%-1.80%减仓
7VBILVanguard 0-3m T-bill ETF+0.1%+8.29%加仓
8JNJJohnson & Johnson+0.1%—不变
9PSXPhillips 660%—不变
10CVXChevron CORP0%—不变
11NVDANvidia CORP0%+103.61%加仓
12APHAmphenol Corp-cl A0%+76.81%加仓
13DGXQuest Diagnostics INC0%—不变
14DISWalt Disney Co/the0%+47.78%加仓
15IWRIshares Russell Mid-cap ETF0%-3.23%减仓
16ONITOnity Group INC0%—不变
17MDTMedtronic plc0%—不变
18✓ Ishares INC Msci Japan ETF0%-6.56%减仓
19LLYEli Lilly & Co0%—不变
20AAPLApple INC0%-0.80%减仓
21BDXBecton Dickinson And Co0%-2.64%减仓
22IBBIshares Biotechnology ETF0%-6.28%减仓
23MCDMcdonald's CORP0%-41.54%减仓
24JPMJpmorgan Chase & Co0%—不变
25CNCCentene CORP0%-1.42%减仓
26VTIVanguard Total Stock Mkt ETF0%-4.36%减仓
27WFCWells Fargo & Co0%—不变
28ORCLOracle CORP0%+15.35%加仓
29XLVSs Health Care Select Sector-0.1%+2.31%加仓
30XLCSs Comm Select Sector Spdr-0.1%-0.09%减仓
31AMZNAmazon.com INC-0.1%+1.34%加仓
32URIUnited Rentals INC-0.1%—不变
33GOOGLAlphabet Inc-cl A-0.2%+0.68%加仓
34✓ Vaneck ETF Trust-0.2%-12.42%减仓
35BRK-BBerkshire Hathaway Inc-cl B-0.2%+0.15%加仓
36MSFTMicrosoft CORP-0.3%+3.65%加仓
37METAMeta Platforms Inc-class A-0.4%+2.26%加仓
38EFAIshares Msci Eafe ETF-0.4%-8.93%减仓
39SPYSs Spdr S&p 500 ETF Trust-us-0.5%+0.43%加仓
40DHIDr Horton INC—EXIT清仓
41NVRNvr INC—EXIT清仓
42LENLennar Corp-a—EXIT清仓
43WMTWalmart INC—EXIT清仓
44ACNAccenture plc—EXIT清仓
45ACNAccenture plc—NEW新建仓
46VGKVanguard Ftse Europe ETF—NEW新建仓
47QCOMQualcomm INC—EXIT清仓
48LMTLockheed Martin CORP—NEW新建仓
49TDYTeledyne Technologies INC—NEW新建仓
50DHRDanaher CORP—EXIT清仓

FAQ

Miller Investment Management, LP 是什么机构？属于哪种投资人类型？
Miller Investment Management, LP 是一家投资管理机构，每季依规定向 SEC 申报 Form 13F，披露其在美国上市股票的持仓信息。根据最新一期申报（2026-03-31），该机构追踪的股票投资组合估值约为 US$10.1亿，分布在 86 个已申报仓位之中。
Miller Investment Management, LP 目前前几大持股有哪些？
根据最新 13F 申报，Miller Investment Management, LP 按市值排列的前几大持股为： 1. Ss Spdr S&p 500 ETF Trust-us (SPY) — US$1.9亿 (18.9%) 2. Ss Spdrb B 3-12m T-bill ETF (BILS) — US$1.3亿 (12.4%) 3. Vanguard Short-term Treasury (VGSH) — US$9799.1万 (9.7%) 4. Vanguard Intermediate-term T (VGIT) — US$7897.3万 (7.8%) 5. Berkshire Hathaway Inc-cl B (BRK-B) — US$7394.1万 (7.3%)
Miller Investment Management, LP 在最新一期 13F 申报中做了哪些操作？
在最新申报季度中，Miller Investment Management, LP 共进行了 40 项显著调整：新建仓 4 个仓位、加仓 17 个既有持股、减仓 12 个仓位，并完全清仓 7 个持股。 其中幅度最大的异动：清仓: Dr Horton INC (DHI); 清仓: Nvr INC (NVR); 清仓: Lennar Corp-a (LEN); 清仓: Walmart INC (WMT); 清仓: Accenture plc (ACN)
Miller Investment Management, LP 主要集中投资哪些行业板块？
根据目前已申报的股票投资组合，Miller Investment Management, LP 的主要板块分布如下： • Financials: 37.2% • Communication Services: 27.4% • Industrials: 9.2% • Information Technology: 8.9% • Health Care: 7.8% • Consumer Discretionary: 7.0%