MILLERKNOLL INC

MillerKnoll has just 8 institutional holders in this quarter's 13F data, and more than seven-tenths of the $373,179 in tracked value sits with a single firm, Davenport & Co LLC, whose 13,027-share position didn't change at all quarter over quarter — its $78,162 value increase came entirely from the stock's price, not from buying. Investors Research Corp, the second-largest holder at 14.7% of tracked value, likewise held its 2,688 shares flat while gaining $16,128 in value. The real trading activity happened among the smaller holders: Versant Capital Management more than doubled its stake, up 166.5% in shares (from 469 to 1,250, +$18,793), while GAMMA Investing LLC cut its position 61.6% (from 2,324 to 892 shares, -$15,355) — a sharp split in conviction even though both positions remain small in dollar terms. Two new holders, JFS Wealth Advisors and MassMutual Private Wealth & Trust, opened token positions under $500 each. With institutional coverage this thin and concentrated, MillerKnoll's tracked ownership base tells a story of one dominant, inactive holder riding a price gain, and a handful of much smaller holders actually making decisions.