MILLER VALUE PARTNERS, LLC: NABORS INDUSTRIES LTD (NBR): Quarterly 13F Position History
As of Q1 2026, MILLER VALUE PARTNERS, LLC reported 444,430 shares of NABORS INDUSTRIES LTD (NBR), worth $38.2M and representing 10.0% of its 13F equity book. Quarter-over-quarter share count change: 158,307 (-26.3%) . The position first appeared in Q2 2017 and has been disclosed across 36 13F-HR filings in Pactolio's tracked window.
- 444,430Shares Held (Latest Filing)
- $38.2MReported Market Value (Latest Filing)
- 10.0%Portfolio Weight (% of 13F Equity Book)
- 158,307Quarter-over-Quarter Share Change
- +$5.5MQuarter-over-Quarter Value Change
- 1,469,848Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 36 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 444,430 | 158,307 | -26.3% | $38.2M | 10.0% | $86.1 |
| Q4 2025 | 602,737 | 70,358 | -10.5% | $32.7M | 11.5% | $54.3 |
| Q3 2025 | 673,095 | +48,995 | +7.9% | $27.5M | 10.1% | $40.9 |
| Q2 2025 | 624,100 | +235,355 | +60.5% | $17.5M | 7.4% | $28.0 |
| Q1 2025 | 388,745 | +107,550 | +38.2% | $16.2M | 7.4% | $41.7 |
| Q4 2024 | 281,195 | +140,230 | +99.5% | $16.1M | 6.9% | $57.2 |
| Q3 2024 | 140,965 | +37,345 | +36.0% | $9.1M | 5.1% | $64.5 |
| Q2 2024 | 103,620 | +33,859 | +48.5% | $7.4M | 4.7% | $71.2 |
| Q1 2024 | 69,761 | +4,150 | +6.3% | $6.0M | 3.8% | $86.1 |
| Q4 2023 | 65,611 | +16,960 | +34.9% | $5.4M | 3.2% | $81.6 |
| Q3 2023 | 48,651 | 1,355 | -2.7% | $6.0M | 3.8% | $123.1 |
| Q2 2023 | 50,006 | +6,620 | +15.3% | $4.7M | 3.1% | $93.0 |
| Q1 2023 | 43,386 | +4,660 | +12.0% | $5.3M | 0.3% | $121.9 |
| Q4 2022 | 38,726 | 0 | — | $6.0M | 0.4% | $154.9 |
| Q3 2022 | 38,726 | +4,120 | +11.9% | $3.9M | 0.2% | $101.5 |
| Q2 2022 | 34,606 | 15,245 | -30.6% | $4.6M | 0.3% | $133.9 |
| Q1 2022 | 49,851 | 29,310 | -37.0% | $7.6M | 0.3% | $152.7 |
| Q4 2021 | 79,161 | +8,800 | +12.5% | $6.4M | 0.2% | $81.1 |
| Q3 2021 | 70,361 | +6,365 | +9.9% | $6.8M | 0.2% | $96.5 |
| Q2 2021 | 63,996 | 1,300 | -2.0% | $7.3M | 0.2% | $114.2 |
| Q1 2021 | 65,296 | +11,675 | +21.8% | $6.1M | 0.2% | $93.5 |
| Q4 2020 | 53,621 | 4,460 | -7.7% | $3.1M | 0.1% | $58.2 |
| Q3 2020 | 58,081 | +23,985 | +70.3% | $1.4M | 0.1% | $24.4 |
| Q2 2020 | 34,096 | 1,435,752 | -97.7% | $1.3M | 0.1% | $37.0 |
| Q1 2020 | 1,469,848 | +546,450 | +59.2% | $573.0K | 0.0% | $0.4 |
| Q4 2019 | 923,398 | +180,800 | +24.3% | $2.7M | 0.1% | $2.9 |
| Q3 2019 | 742,598 | +236,850 | +46.8% | $1.4M | 0.1% | $1.9 |
| Q2 2019 | 505,748 | +87,175 | +20.8% | $1.5M | 0.1% | $2.9 |
| Q1 2019 | 418,573 | +710 | +0.2% | $1.4M | 0.1% | $3.4 |
| Q4 2018 | 417,863 | +236,628 | +130.6% | $836.0K | 0.0% | $2.0 |
| Q3 2018 | 181,235 | +93,335 | +106.2% | $1.1M | 0.0% | $6.2 |
| Q2 2018 | 87,900 | +17,870 | +25.5% | $563.0K | 0.0% | $6.4 |
| Q1 2018 | 70,030 | +20,905 | +42.6% | $490.0K | 0.0% | $7.0 |
| Q4 2017 | 49,125 | +9,930 | +25.3% | $336.0K | 0.0% | $6.8 |
| Q3 2017 | 39,195 | +22,240 | +131.2% | $316.0K | 0.0% | $8.1 |
| Q2 2017 | 16,955 | — | — | $138.0K | 0.0% | $8.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did MILLER VALUE PARTNERS, LLC first disclose a NBR position in 13F-HR filings?
MILLER VALUE PARTNERS, LLC first reported NABORS INDUSTRIES LTD (NBR) on its 13F-HR filing for the period ending 2017-06-30 (Q2 2017). The position has appeared on 36 reported quarters within Pactolio's tracked window.
What was MILLER VALUE PARTNERS, LLC's most recent quarter-over-quarter share-count change in NBR?
Between Q4 2025 and Q1 2026, MILLER VALUE PARTNERS, LLC reduced its NBR position by 158,307 shares (-26.3%), leaving 444,430 shares at a market value of $38.2M.
Does the implied price-per-share represent MILLER VALUE PARTNERS, LLC's cost basis in NBR?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.