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 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.82% |
| 2 | Financials | 10.34% |
| 3 | Technology | 9.47% |
| 4 | Consumer Discretionary | 8.69% |
| 5 | Industrials | 8.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TEI
2501
Templeton Emerging Markets Income Fund
TEI
$310M
| $1.75M | ﹤0.01% |
192,484
+32,158
| +20% | +$311K |
|
2502
Mercado Libre
MELI
$94.5B
| $1.73M | ﹤0.01% |
3,146
-104,470
| -97% | -$63.3M |
|
2503
NewtekOne
NEWT
$426M
| $1.73M | ﹤0.01% |
76,676
+29,918
| +64% | +$664K |
|
2504
CALL
IBM
IBM
$213B
| $1.73M | ﹤0.01% |
12,447
-42,677
| -77% | -$5.76M |
|
2505
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $1.73M | ﹤0.01% |
28,375
-11,469
| -29% | -$698K |
|
|
HMHC
2506
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.73M | ﹤0.01% |
+324,078
| New | +$1.83M |
|
2507
CAE Inc. Common Shares
CAE
$8.44B
| $1.72M | ﹤0.01% |
+67,848
| New | +$1.78M |
|
|
WIRE
2508
DELISTED
Encore Wire Corp
WIRE
| $1.72M | ﹤0.01% |
30,548
-38,871
| -56% | -$2.15M |
|
2509
Cheesecake Factory
CAKE
$5.03B
| $1.72M | ﹤0.01% |
41,170
-697,097
| -94% | -$28.7M |
|
2510
Caesarstone
CSTE
$69.5M
| $1.72M | ﹤0.01% |
103,294
+64,623
| +167% | +$985K |
|
2511
Arcus Biosciences
RCUS
$3.33B
| $1.72M | ﹤0.01% |
188,499
+110,763
| +142% | +$890K |
|
|
QVCGA
2512
DELISTED
QVC Group Inc Series A
QVCGA
| $1.71M | ﹤0.01% |
3,414
+920
| +37% | +$540K |
|
2513
Independent Bank
INDB
$4.04B
| $1.71M | ﹤0.01% |
22,871
+13,810
| +152% | +$1M |
|
|
REGI
2514
CALL
DELISTED
Renewable Energy Group, Inc.
REGI
| $1.7M | ﹤0.01% |
+113,400
| New | +$1.56M |
|
|
VRTU
2515
DELISTED
Virtusa Corporation
VRTU
| $1.69M | ﹤0.01% |
47,033
+11,123
| +31% | +$446K |
|
|
SOHU
2516
Sohu.com
SOHU
$352M
| $1.69M | ﹤0.01% |
166,722
+143,619
| +622% | +$1.69M |
|
2517
Houlihan Lokey
HLI
$9.72B
| $1.69M | ﹤0.01% |
37,495
-4,851
| -11% | -$215K |
|
2518
SK Telecom
SKM
$11.4B
| $1.69M | ﹤0.01% |
46,186
-9,387
| -17% | -$351K |
|
|
ADAM
2519
Adamas Trust
ADAM
$777M
| $1.68M | ﹤0.01% |
69,164
+46,060
| +199% | +$1.13M |
|
2520
Travel + Leisure Co
TNL
$4.76B
| $1.68M | ﹤0.01% |
36,529
-103,439
| -74% | -$4.62M |
|
2521
PUT
Labcorp
LH
$25.2B
| $1.68M | ﹤0.01% |
11,640
+5,820
| +100% | +$849K |
|
|
MCRN
2522
DELISTED
Milacron Holdings Corp.
MCRN
| $1.68M | ﹤0.01% |
+100,709
| New | +$1.62M |
|
|
BFX
2523
DELISTED
BowFlex Inc.
BFX
| $1.68M | ﹤0.01% |
1,241,629
+684,333
| +123% | +$1.07M |
|
2524
Royal Gold
RGLD
$16.6B
| $1.68M | ﹤0.01% |
+13,599
| New | +$1.66M |
|
|
AKRO
2525
DELISTED
Akero Therapeutics
AKRO
| $1.67M | ﹤0.01% |
73,621
-94,125
| -56% | -$2.19M |
|
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Millennium Management's Q3 2019 Portfolio in Review
As of Q3 2019, Millennium Management held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Millennium Management's Q3 2019 filing shows 843 new, 1,522 increased, 1,651 reduced and 727 closed positions. Its largest new stake was L3Harris: 1,378,220 shares worth $288M. The largest sale was LyondellBasell Industries, an estimated $441M.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, down from 12% a quarter earlier, followed by Financials and Technology.
- Millennium Management's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Millennium Management added most to Ameren in Q3 2019, an estimated $239M increase.
- Millennium Management's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Millennium Management fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Millennium Management's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Millennium Management opened 843 new positions and closed 727 in Q3 2019.
- Millennium Management's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.