Miller Financial Services LLC
SEC Form 13F institutional filer · CIK 0002022893
13F-HR · 59 reported holdings · 2026-03-31
Reported long-US-equity value
$0.05B
Top-10 concentration
43.4%
Miller Financial Services LLC — $49.6M AUM allocation strategy
Miller Financial Services LLC files SEC Form 13F and reports $49.6M of long US equity value across 59 reported holdings for 2026-03-31.
Its largest sector bet is Industrials 12.2%, followed by Information Technology 11.4% and Financials 10.5%.
The top 10 holdings account for 43% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Miller Financial Services LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$49.6M
total across 59 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
43% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$PYPL +18.4K sh · +$763K+$MS +17.2K sh · +$850K+$F +2.02K sh · +$2.64K
Biggest trims (shares)
−$DOW −8.2K sh · −$95.8K−$KMI −4.11K sh · +$179K−$VZ −1.93K sh · +$134K
Exited to nil (held last quarter, gone now)
$OTIS ($301K last qtr)$GM ($213K last qtr)$PRU ($210K last qtr)$FTNT ($206K last qtr)$XOM ($206K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Technology Hardware, Storage & Peripherals6.8%—
- Broadline Retail5.5%—
- Air Freight & Logistics5.5%—
- Transaction & Payment Processing Services4.7%—
- Electrical Components & Equipment4.7%—
- Systems Software4.6%—
- Investment Banking & Brokerage3.5%—
- Soft Drinks & Non-alcoholic Beverages3.2%—
- Other holdings61.6%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AAPL | Apple Inc | 13.2K | $3.36M | -210 | 6.8% |
| $AMZN | Amazon.com Inc | 13.1K | $2.72M | +708 | 5.5% |
| $UPS | United Parcel Service Inc | 27.4K | $2.7M | -1.65K | 5.4% |
| $ETN | Eaton Corporation PLC | 6.46K | $2.31M | -1.01K | 4.7% |
| $MS | Morgan Stanley | 34.4K | $1.74M | +17.2K | 3.5% |
| $PEP | PepsiCo Inc | 10.5K | $1.63M | -901 | 3.3% |
| $KMI | Kinder Morgan Inc | 48.3K | $1.62M | -4.11K | 3.3% |
| $CRWD | CrowdStrike Holdings Inc | 3.42K | $1.33M | +301 | 2.7% |
…and 51 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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