MILLER VALUE PARTNERS, LLC — QUAD / GRAPHICS INC QUAD: Quarterly 13F Position History
MILLER VALUE PARTNERS, LLC has reported QUAD / GRAPHICS INC (QUAD) on 29 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2019. As of Q1 2026, the position is sized at 2,651,039 shares ($17.5M market value, 4.57% of the equity book). Quarter-over-quarter share count change: 86,851 (-3.2%) .
- 2,651,039Shares Held (Latest Filing)
- $17.5MReported Market Value (Latest Filing)
- 4.57%Portfolio Weight (% of 13F Equity Book)
- 86,851Quarter-over-Quarter Share Change
- +$356.8KQuarter-over-Quarter Value Change
- 2,737,890Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 29 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,651,039 | 86,851 | -3.2% | $17.5M | 4.57% | $6.61 |
| Q4 2025 | 2,737,890 | +114,415 | +4.4% | $17.2M | 6.05% | $6.27 |
| Q3 2025 | 2,623,475 | 86,905 | -3.2% | $16.4M | 6.03% | $6.26 |
| Q2 2025 | 2,710,380 | +136,155 | +5.3% | $15.3M | 6.50% | $5.65 |
| Q1 2025 | 2,574,225 | +56,095 | +2.2% | $14.0M | 6.39% | $5.45 |
| Q4 2024 | 2,518,130 | +634,315 | +33.7% | $17.6M | 7.50% | $6.97 |
| Q3 2024 | 1,883,815 | +436,800 | +30.2% | $8.6M | 4.83% | $4.54 |
| Q2 2024 | 1,447,015 | +16,715 | +1.2% | $7.9M | 5.04% | $5.45 |
| Q1 2024 | 1,430,300 | 170,450 | -10.6% | $7.6M | 4.86% | $5.31 |
| Q4 2023 | 1,600,750 | 3,225 | -0.2% | $8.7M | 5.15% | $5.42 |
| Q3 2023 | 1,603,975 | 0 | — | $8.1M | 5.07% | $5.03 |
| Q2 2023 | 1,603,975 | +91,125 | +6.0% | $6.0M | 3.97% | $3.76 |
| Q1 2023 | 1,512,850 | +62,850 | +4.3% | $6.5M | 0.41% | $4.29 |
| Q4 2022 | 1,450,000 | +111,550 | +8.3% | $5.9M | 0.38% | $4.08 |
| Q3 2022 | 1,338,450 | +249,800 | +22.9% | $3.4M | 0.21% | $2.56 |
| Q2 2022 | 1,088,650 | +123,725 | +12.8% | $3.0M | 0.17% | $2.75 |
| Q1 2022 | 964,925 | 48,950 | -4.8% | $6.7M | 0.25% | $6.94 |
| Q4 2021 | 1,013,875 | +406,825 | +67.0% | $4.1M | 0.14% | $4.00 |
| Q3 2021 | 607,050 | +129,250 | +27.1% | $2.6M | 0.09% | $4.25 |
| Q2 2021 | 477,800 | 0 | — | $2.0M | 0.05% | $4.15 |
| Q1 2021 | 477,800 | 0 | — | $1.7M | 0.05% | $3.53 |
| Q4 2020 | 477,800 | 657,500 | -57.9% | $1.8M | 0.06% | $3.82 |
| Q3 2020 | 1,135,300 | 0 | — | $3.4M | 0.14% | $3.03 |
| Q2 2020 | 1,135,300 | 611,463 | -35.0% | $3.7M | 0.16% | $3.25 |
| Q1 2020 | 1,746,763 | +388,388 | +28.6% | $4.4M | 0.28% | $2.52 |
| Q4 2019 | 1,358,375 | +728,375 | +115.6% | $6.3M | 0.23% | $4.67 |
| Q3 2019 | 630,000 | +45,000 | +7.7% | $6.6M | 0.27% | $10.51 |
| Q2 2019 | 585,000 | +325,000 | +125.0% | $4.6M | 0.18% | $7.91 |
| Q1 2019 | 260,000 | — | — | $3.1M | 0.12% | $11.90 |
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 QUAD position in 13F-HR filings?
MILLER VALUE PARTNERS, LLC first reported QUAD / GRAPHICS INC (QUAD) on its 13F-HR filing for the period ending 2019-03-31 (Q1 2019). The position has appeared on 29 reported quarters within Pactolio's tracked window.
What was MILLER VALUE PARTNERS, LLC's most recent quarter-over-quarter share-count change in QUAD?
Between Q4 2025 and Q1 2026, MILLER VALUE PARTNERS, LLC reduced its QUAD position by 86,851 shares (-3.2%), leaving 2,651,039 shares at a market value of $17.5M.
Does the implied price-per-share represent MILLER VALUE PARTNERS, LLC's cost basis in QUAD?
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.