Bread Financial Holdings, Inc. (BFH) Is A Top Stock In Miller Value Partners’ Filings

The article highlights Bread Financial Holdings (NYSE: BFH) as one of the top stock holdings in Miller Value Partners’ 13F filings. It notes that the fund has disclosed BFH since 2023, with the position first reported at 25,725 shares worth about $807,508 in Q2 2023 and later peaking at $18.7 million in Q2 2025. The piece also emphasizes strong share performance, with BFH up 54% over the past year and 28% year to date. Recent analyst action has been supportive: Barclays raised its price target to $104 from $70 and upgraded the stock to Equalweight from Underweight, while TD Cowen lifted its target to $103 from $95 and kept a Hold rating. The main market takeaway is that BFH has attracted institutional interest and positive analyst revisions ahead of its July 23 second-quarter earnings report, though the article frames the stock as less compelling than certain AI names.