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 | |
|---|---|---|---|---|---|---|
2776
International Seaways
INSW
$4.62B
| $661K | ﹤0.01% |
39,255
-4,939
| -11% | -$95.3K |
|
2777
Expeditors International
EXPD
$22.1B
| $660K | ﹤0.01% |
+9,694
| New | +$681K |
|
2778
Qfin Holdings
QFIN
$1.7B
| $659K | ﹤0.01% |
+42,721
| New | +$681K |
|
2779
TC Energy
TRP
$70.9B
| $657K | ﹤0.01% |
18,401
-182,027
| -91% | -$7.18M |
|
|
XONE
2780
DELISTED
The ExOne Company
XONE
| $656K | ﹤0.01% |
99,031
+62,894
| +174% | +$506K |
|
2781
Antero Midstream
AM
$10.4B
| $653K | ﹤0.01% |
58,451
-594,239
| -91% | -$9.07M |
|
2782
Hawkins
HWKN
$2.89B
| $651K | ﹤0.01% |
31,804
-78,568
| -71% | -$1.53M |
|
2783
NI Holdings
NODK
$321M
| $651K | ﹤0.01% |
+41,384
| New | +$659K |
|
2784
Invesco Senior Loan ETF
BKLN
$6.97B
| $649K | ﹤0.01% |
29,800
+15,370
| +107% | +$350K |
|
|
BGB
2785
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
| $648K | ﹤0.01% |
+48,122
| New | +$712K |
|
|
HA
2786
DELISTED
Hawaiian Holdings, Inc.
HA
| $645K | ﹤0.01% |
24,415
+5,828
| +31% | +$197K |
|
2787
MYR Group
MYRG
$5.15B
| $642K | ﹤0.01% |
22,797
+6,257
| +38% | +$194K |
|
2788
Columbia Banking Systems
COLB
$8.78B
| $639K | ﹤0.01% |
17,608
-27,181
| -61% | -$1.02M |
|
2789
Under Armour Class C
UA
$2.85B
| $638K | ﹤0.01% |
+39,428
| New | +$746K |
|
2790
J&J Snack Foods
JJSF
$1.5B
| $637K | ﹤0.01% |
+4,408
| New | +$670K |
|
2791
Viking Therapeutics
VKTX
$3.9B
| $634K | ﹤0.01% |
82,900
-286,516
| -78% | -$3.43M |
|
|
EIGI
2792
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $634K | ﹤0.01% |
95,357
-293,835
| -75% | -$2.44M |
|
|
HMTA
2793
DELISTED
HomeTown Bankshares Corporation Common Stock
HMTA
| $633K | ﹤0.01% |
53,447
-13,685
| -20% | -$194K |
|
2794
Lexicon Pharmaceuticals
LXRX
$1.03B
| $632K | ﹤0.01% |
95,169
+11,862
| +14% | +$96.1K |
|
2795
Maximus
MMS
$3.34B
| $632K | ﹤0.01% |
9,717
-22,532
| -70% | -$1.48M |
|
|
GEN
2796
DELISTED
Genesis Healthcare, Inc.
GEN
| $632K | ﹤0.01% |
535,970
+237,370
| +79% | +$352K |
|
|
BRKL
2797
DELISTED
Brookline Bancorp
BRKL
| $629K | ﹤0.01% |
+45,516
| New | +$687K |
|
2798
Core Molding Technologies
CMT
$198M
| $629K | ﹤0.01% |
88,447
-18,557
| -17% | -$134K |
|
2799
CALL
Norfolk Southern
NSC
$75.8B
| $628K | ﹤0.01% |
4,200
-47,200
| -92% | -$7.76M |
|
2800
Nelnet
NNI
$4.89B
| $627K | ﹤0.01% |
+11,981
| New | +$645K |
|
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.