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 |
Fortive
FTV
|
+$1.39B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1B |
| 3 |
Citigroup
C
|
+$332M |
| 4 |
Apple
AAPL
|
+$307M |
| 5 |
Oracle
ORCL
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$579M |
| 2 |
Electronic Arts
EA
|
+$233M |
| 3 |
Keurig Dr Pepper
KDP
|
+$215M |
| 4 |
APC
Anadarko Petroleum
APC
|
+$206M |
| 5 |
XL
XL Group Ltd.
XL
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.4% |
| 2 | Financials | 12.54% |
| 3 | Healthcare | 11.73% |
| 4 | Consumer Discretionary | 9.48% |
| 5 | Industrials | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PHH
2551
DELISTED
PHH Corporation
PHH
| $1.63M | ﹤0.01% |
148,042
+63,124
| +74% | +$687K |
|
2552
Amphastar Pharmaceuticals
AMPH
$907M
| $1.63M | ﹤0.01% |
84,506
+45,986
| +119% | +$820K |
|
2553
El Pollo Loco
LOCO
$503M
| $1.63M | ﹤0.01% |
129,600
+109,053
| +531% | +$1.33M |
|
|
MB
2554
CALL
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $1.63M | ﹤0.01% |
40,000
+10,000
| +33% | +$391K |
|
2555
PUT
Biogen
BIIB
$30.9B
| $1.63M | ﹤0.01% |
4,600
+3,800
| +475% | +$1.31M |
|
2556
CALL
IQVIA
IQV
$40.7B
| $1.62M | ﹤0.01% |
12,500
+2,500
| +25% | +$300K |
|
2557
FS KKR Capital
FSK
$3.01B
| $1.62M | ﹤0.01% |
57,400
-153,961
| -73% | -$4.71M |
|
|
VVNT
2558
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $1.62M | ﹤0.01% |
166,000
| – | – |
|
|
ARE.PRD
2559
DELISTED
Alexandria Real Estate Equities Inc 7.00% Series D Preferred Stock
ARE.PRD
| $1.62M | ﹤0.01% |
46,627
| – | – |
|
|
PX
2560
DELISTED
Praxair Inc
PX
| $1.62M | ﹤0.01% |
10,058
+4,661
| +86% | +$749K |
|
2561
Casella Waste Systems
CWST
$5.76B
| $1.62M | ﹤0.01% |
52,013
+16,128
| +45% | +$459K |
|
2562
CALL
Teva Pharmaceuticals
TEVA
$40.4B
| $1.62M | ﹤0.01% |
75,000
-125,000
| -63% | -$2.9M |
|
2563
Western Digital
WDC
$159B
| $1.62M | ﹤0.01% |
36,515
-321,093
| -90% | -$16.3M |
|
|
TGNA
2564
DELISTED
TEGNA Inc
TGNA
| $1.61M | ﹤0.01% |
134,928
-355,830
| -73% | -$4.04M |
|
|
GAP
2565
The Gap Inc
GAP
$7.3B
| $1.6M | ﹤0.01% |
55,548
-800,322
| -94% | -$24M |
|
2566
Compass Minerals
CMP
$1.23B
| $1.6M | ﹤0.01% |
23,836
+19,177
| +412% | +$1.25M |
|
|
BERY
2567
CALL
DELISTED
Berry Global Group, Inc.
BERY
| $1.6M | ﹤0.01% |
36,046
| – | – |
|
2568
CALL
Lexicon Pharmaceuticals
LXRX
$1.03B
| $1.6M | ﹤0.01% |
150,000
-50,000
| -25% | -$573K |
|
2569
CALL
VeriSign
VRSN
$26.3B
| $1.6M | ﹤0.01% |
+10,000
| New | +$1.53M |
|
|
CHA
2570
DELISTED
China Telecom Corporation, LTD
CHA
| $1.6M | ﹤0.01% |
32,404
+15,369
| +90% | +$723K |
|
|
MTSC
2571
DELISTED
MTS Systems Corp
MTSC
| $1.6M | ﹤0.01% |
29,199
+14,231
| +95% | +$762K |
|
2572
Quad
QUAD
$479M
| $1.6M | ﹤0.01% |
76,609
-6,922
| -8% | -$149K |
|
2573
Limoneira
LMNR
$244M
| $1.6M | ﹤0.01% |
61,113
+31,939
| +109% | +$888K |
|
|
DRNA
2574
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $1.59M | ﹤0.01% |
104,414
+25,649
| +33% | +$373K |
|
2575
MACOM Technology Solutions
MTSI
$17.4B
| $1.59M | ﹤0.01% |
77,143
-69,177
| -47% | -$1.55M |
|
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Millennium Management's Q3 2018 Portfolio in Review
As of Q3 2018, Millennium Management held 4,590 positions worth $81.6B, up 6.4% from $76.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Millennium Management's Q3 2018 filing shows 841 new, 1,291 increased, 1,638 reduced and 748 closed positions. Its largest new stake was Fortive: 27,116,929 shares worth $1.44B. The largest sale was Altaba Inc, an estimated $579M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q3 2018 buy was Fortive: 27,116,929 shares worth $1.44B.
- Millennium Management added most to Andeavor in Q3 2018, an estimated $1B increase.
- Millennium Management's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $579M.
- Millennium Management fully exited XL Group Ltd. in Q3 2018, selling an estimated $190M.
- Millennium Management's ten largest holdings make up 10% of its $81.6B portfolio in Q3 2018.
- Millennium Management opened 841 new positions and closed 748 in Q3 2018.
- Millennium Management's portfolio value rose 6.4% quarter-over-quarter to $81.6B.
Based on Millennium Management's 13F filing for Q3 2018, filed 14 Nov 2018.