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 | |
|---|---|---|---|---|---|---|
|
CCRN
2526
DELISTED
Cross Country Healthcare
CCRN
| $1.67M | ﹤0.01% |
+162,447
| New | +$1.6M |
|
2527
CALL
UnitedHealth
UNH
$382B
| $1.67M | ﹤0.01% |
7,700
+5,700
| +285% | +$1.38M |
|
|
CONN
2528
DELISTED
Conn's Inc.
CONN
| $1.67M | ﹤0.01% |
67,236
+20,149
| +43% | +$424K |
|
2529
United Fire Group
UFCS
$1.35B
| $1.67M | ﹤0.01% |
35,509
-30,700
| -46% | -$1.46M |
|
2530
Glaukos
GKOS
$9.49B
| $1.66M | ﹤0.01% |
26,609
-37,113
| -58% | -$2.61M |
|
2531
ADT
ADT
$5.43B
| $1.66M | ﹤0.01% |
264,925
-605,097
| -70% | -$3.43M |
|
2532
PUT
Hasbro
HAS
$13.5B
| $1.66M | ﹤0.01% |
14,000
| – | – |
|
2533
Macerich
MAC
$7.4B
| $1.65M | ﹤0.01% |
52,381
-695,677
| -93% | -$21.9M |
|
2534
Golub Capital BDC
GBDC
$3.33B
| $1.65M | ﹤0.01% |
89,626
+28,744
| +47% | +$517K |
|
2535
CALL
Insulet
PODD
$11.8B
| $1.65M | ﹤0.01% |
+10,000
| New | +$1.41M |
|
2536
Harley-Davidson
HOG
$2.61B
| $1.65M | ﹤0.01% |
45,832
-15,553
| -25% | -$533K |
|
2537
Capital City Bank Group
CCBG
$897M
| $1.65M | ﹤0.01% |
59,950
+50,684
| +547% | +$1.28M |
|
|
XLRN
2538
DELISTED
Acceleron Pharma
XLRN
| $1.64M | ﹤0.01% |
41,612
-52,091
| -56% | -$2.26M |
|
2539
Federal Agricultural Mortgage
AGM
$2.32B
| $1.64M | ﹤0.01% |
20,111
-26,018
| -56% | -$2.04M |
|
2540
PUT
Intercontinental Exchange
ICE
$87.2B
| $1.64M | ﹤0.01% |
17,800
+2,600
| +17% | +$237K |
|
|
EGRX
2541
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $1.64M | ﹤0.01% |
29,021
+18,102
| +166% | +$1.02M |
|
2542
CALL
Ingredion
INGR
$6.42B
| $1.63M | ﹤0.01% |
+20,000
| New | +$1.59M |
|
|
2543
PUT
Ingredion
INGR
$6.42B
| $1.63M | ﹤0.01% |
+20,000
| New | +$1.59M |
|
2544
Madrigal Pharmaceuticals
MDGL
$12.6B
| $1.63M | ﹤0.01% |
18,960
+6,729
| +55% | +$631K |
|
2545
iShares Core S&P Small-Cap ETF
IJR
$109B
| $1.63M | ﹤0.01% |
20,988
-15,314
| -42% | -$1.19M |
|
2546
Yeti Holdings
YETI
$3.87B
| $1.63M | ﹤0.01% |
+58,166
| New | +$1.76M |
|
2547
NovoCure
NVCR
$1.77B
| $1.62M | ﹤0.01% |
21,697
-38,718
| -64% | -$3.1M |
|
2548
CALL
Union Pacific
UNP
$174B
| $1.62M | ﹤0.01% |
10,000
+200
| +2% | +$33.6K |
|
2549
Goosehead Insurance
GSHD
$2.51B
| $1.62M | ﹤0.01% |
+32,782
| New | +$1.51M |
|
2550
PUT
Dolby
DLB
$4.97B
| $1.62M | ﹤0.01% |
25,000
| – | – |
|
Similar funds
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.