Miller Value Partners Opportunity Equity

Miller Value Partners, an investment management firm, published its “Opportunity Equity” first quarter 2022 investor letter – a copy of which can be downloaded here. Amidst the challenges, Miller Opportunity Equity’s net fees declined 3.57% in the quarter, outperforming its benchmark, the S&P 500’s -4.60% return. The Strategy’s long-term performance remains strong. Since inception annualized returns of 7.87% outpaced the S&P 500’s 7.23% by ~64 basis points annually. Try to spend some time looking at the fund’s top 5 holdings to be informed about their best picks for 2022.