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 | |
|---|---|---|---|---|---|---|
|
EXAS
2751
CALL
DELISTED
Exact Sciences
EXAS
| $1.18M | ﹤0.01% |
+15,000
| New | +$978K |
|
2752
Farmers National Banc Corp
FMNB
$945M
| $1.18M | ﹤0.01% |
77,404
-26,406
| -25% | -$420K |
|
2753
Eldorado Gold
EGO
$8.33B
| $1.18M | ﹤0.01% |
267,552
-101,185
| -27% | -$499K |
|
2754
Vanguard FTSE Emerging Markets ETF
VWO
$117B
| $1.18M | ﹤0.01% |
28,684
-51,905
| -64% | -$2.18M |
|
2755
Park-Ohio Holdings
PKOH
$550M
| $1.18M | ﹤0.01% |
30,633
-22,447
| -42% | -$871K |
|
2756
PUT
Align Technology
ALGN
$12.9B
| $1.17M | ﹤0.01% |
3,000
-2,000
| -40% | -$738K |
|
2757
CALL
Marriott International
MAR
$100B
| $1.17M | ﹤0.01% |
11,600
+600
| +5% | +$76.6K |
|
|
TOWR
2758
DELISTED
Tower International, Inc.
TOWR
| $1.17M | ﹤0.01% |
38,809
-49,308
| -56% | -$1.6M |
|
|
KZR
2759
DELISTED
Kezar Life Sciences
KZR
| $1.17M | ﹤0.01% |
5,463
-2,052
| -27% | -$358K |
|
2760
First Business Financial Services
FBIZ
$565M
| $1.17M | ﹤0.01% |
50,415
+28,107
| +126% | +$662K |
|
|
FNCB
2761
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $1.17M | ﹤0.01% |
+119,409
| New | +$1.09M |
|
2762
Diana Shipping
DSX
$266M
| $1.17M | ﹤0.01% |
404,613
-863,310
| -68% | -$2.58M |
|
|
UCFC
2763
DELISTED
United Community Financial Corp
UCFC
| $1.17M | ﹤0.01% |
120,427
-230,976
| -66% | -$2.43M |
|
2764
OFG Bancorp
OFG
$2.21B
| $1.16M | ﹤0.01% |
72,101
-31,978
| -31% | -$518K |
|
|
ROSE
2765
DELISTED
Rosehill Resources Inc. Class A
ROSE
| $1.16M | ﹤0.01% |
+190,854
| New | +$1.55M |
|
2766
FNB Corp
FNB
$6.76B
| $1.16M | ﹤0.01% |
+91,292
| New | +$1.21M |
|
|
HBP
2767
DELISTED
Huttig Building Products, Inc.
HBP
| $1.16M | ﹤0.01% |
273,648
-89,700
| -25% | -$431K |
|
2768
LifeVantage
LFVN
$80.1M
| $1.15M | ﹤0.01% |
105,046
-2,023
| -2% | -$21.6K |
|
2769
American Superconductor
AMSC
$1.29B
| $1.15M | ﹤0.01% |
165,819
-75,028
| -31% | -$448K |
|
|
KALV
2770
DELISTED
KalVista Pharmaceuticals
KALV
| $1.15M | ﹤0.01% |
52,041
+38,924
| +297% | +$526K |
|
2771
Sutro Biopharma
STRO
$386M
| $1.15M | ﹤0.01% |
+7,666
| New | +$1.16M |
|
2772
W.P. Carey
WPC
$16.6B
| $1.15M | ﹤0.01% |
18,255
-31,987
| -64% | -$2.06M |
|
2773
Zymeworks
ZYME
$1.62B
| $1.15M | ﹤0.01% |
73,108
-24,475
| -25% | -$350K |
|
|
DCP
2774
CALL
DELISTED
DCP Midstream, LP
DCP
| $1.15M | ﹤0.01% |
+29,000
| New | +$1.22M |
|
2775
Build-A-Bear
BBW
$445M
| $1.15M | ﹤0.01% |
126,545
-31,478
| -20% | -$263K |
|
Similar funds
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.