Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.69% |
| 2 | Technology | 12.68% |
| 3 | Financials | 12.18% |
| 4 | Consumer Discretionary | 10.77% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
CALL
Thermo Fisher Scientific
TMO
$214B
| $1.12M | ﹤0.01% |
+5,000
| New | +$1.17M |
|
2502
Ennis
EBF
$554M
| $1.12M | ﹤0.01% |
57,967
+40,836
| +238% | +$784K |
|
2503
Arcosa
ACA
$7.11B
| $1.11M | ﹤0.01% |
+40,173
| New | +$1.1M |
|
2504
Globe Life
GL
$14B
| $1.11M | ﹤0.01% |
14,917
-5,454
| -27% | -$453K |
|
2505
State Street Materials Select Sector SPDR ETF
XLB
$8.72B
| $1.11M | ﹤0.01% |
44,008
-58,578
| -57% | -$1.56M |
|
|
GLIBA
2506
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $1.11M | ﹤0.01% |
26,934
-65,123
| -71% | -$3.02M |
|
2507
Pebblebrook Hotel Trust
PEB
$2.18B
| $1.11M | ﹤0.01% |
39,100
-311,959
| -89% | -$10.4M |
|
|
AIMC
2508
DELISTED
Altra Industrial Motion Corp
AIMC
| $1.11M | ﹤0.01% |
43,959
-2,692,043
| -98% | -$87.5M |
|
|
GWB
2509
DELISTED
Great Western Bancorp, Inc.
GWB
| $1.11M | ﹤0.01% |
35,399
-4,760
| -12% | -$173K |
|
|
VSLR
2510
DELISTED
VIVINT SOLAR, INC.
VSLR
| $1.1M | ﹤0.01% |
+289,782
| New | +$1.5M |
|
|
AQ
2511
DELISTED
Aquantia Corp. Common Stock
AQ
| $1.1M | ﹤0.01% |
125,475
+72,621
| +137% | +$736K |
|
2512
Eaton
ETN
$141B
| $1.1M | ﹤0.01% |
16,011
-1,225,677
| -99% | -$91.7M |
|
|
GOOS
2513
Canada Goose Holdings
GOOS
$903M
| $1.1M | ﹤0.01% |
25,072
-226,188
| -90% | -$12.6M |
|
|
BLCM
2514
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $1.1M | ﹤0.01% |
37,537
-23,079
| -38% | -$1.02M |
|
|
HF
2515
DELISTED
HFF Inc.
HF
| $1.1M | ﹤0.01% |
+33,058
| New | +$1.23M |
|
2516
Sonida Senior Living
SNDA
$1.93B
| $1.08M | ﹤0.01% |
10,617
-9,222
| -46% | -$1.15M |
|
|
DESP
2517
DELISTED
Despegar.com
DESP
| $1.08M | ﹤0.01% |
87,115
-31,865
| -27% | -$481K |
|
2518
Enbridge
ENB
$120B
| $1.08M | ﹤0.01% |
34,678
-193,691
| -85% | -$6.23M |
|
2519
Dorman Products
DORM
$4.22B
| $1.08M | ﹤0.01% |
11,969
-7,432
| -38% | -$594K |
|
|
JHB
2520
DELISTED
Nuveen Corporate Income November 2021 Target Term Fund
JHB
| $1.08M | ﹤0.01% |
+120,886
| New | +$1.13M |
|
|
EMKR
2521
DELISTED
Emcore Corp
EMKR
| $1.07M | ﹤0.01% |
25,450
-14,960
| -37% | -$702K |
|
|
UNT
2522
DELISTED
UNIT Corporation
UNT
| $1.07M | ﹤0.01% |
74,805
+31,309
| +72% | +$676K |
|
2523
J.M. Smucker
SJM
$13.5B
| $1.07M | ﹤0.01% |
11,403
-264,829
| -96% | -$27.7M |
|
2524
Cooper-Standard Automotive
CPS
$517M
| $1.06M | ﹤0.01% |
17,143
-84,205
| -83% | -$6.8M |
|
2525
Banco de Chile
BCH
$20.6B
| $1.06M | ﹤0.01% |
+37,105
| New | +$1.07M |
|
Similar funds
Millennium Management's Q4 2018 Portfolio in Review
As of Q4 2018, Millennium Management held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Millennium Management withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Millennium Management opened a new position in Athenahealth, Inc. worth $135M.
- Millennium Management's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Millennium Management added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Millennium Management's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Millennium Management fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Millennium Management's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Millennium Management opened 702 new positions and closed 844 in Q4 2018.
- Millennium Management's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.