MILLER HOWARD INVESTMENTS INC /NY
•CIK: 903947•Filing: Q4 2025
Miller Howard Investments Inc., led by the seasoned duo of John Miller and David Howard, is known for its value-oriented, concentrated investment approach, currently managing $3.3 billion in assets across 140 positions. Recently, the fund has made notable shifts by adding dividend-focused ETFs DVY and XLU significantly, while cutting JPMorgan Chase holdings by 95%, reflecting a strategic pivot towards high-yield sectors amid market volatility.
Total AUM
$3.3B
QoQ Performance
+1.0%
Positions
140
Top 10 Concentration
28.1%
Latest Filing
Q4 2025
Top Holdings Allocation
MPLX3.7%
JNJ3.2%
EPD3.0%
CSCO2.9%
ABBV2.8%
ORI2.7%
ET2.6%
GSK2.4%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other75.9%
Healthcare10.5%
Financial4.3%
Technology3.8%
Energy2.1%
Communication1.3%
Consumer Staples0.7%
Utilities0.6%
🚪 Exited Positionssold since Q3 2025
+2 more exited positions
Changes from Q3 2025
NEW12 new positions
↑63 increased
↓62 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023