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 | |
|---|---|---|---|---|---|---|
|
LTM
2851
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $577K | ﹤0.01% |
56,054
+43,132
| +334% | +$416K |
|
|
IRS
2852
IRSA Inversiones y Representaciones
IRS
$1.3B
| $576K | ﹤0.01% |
43,688
-97,767
| -69% | -$1.33M |
|
2853
Henry Schein
HSIC
$9.76B
| $575K | ﹤0.01% |
+9,330
| New | +$614K |
|
2854
Alpha Metallurgical Resources
AMR
$1.84B
| $573K | ﹤0.01% |
+8,721
| New | +$584K |
|
2855
Arthur J. Gallagher & Co
AJG
$68.2B
| $572K | ﹤0.01% |
7,764
-518,191
| -99% | -$38.7M |
|
2856
OneSpan
OSPN
$572M
| $571K | ﹤0.01% |
44,079
+21,927
| +99% | +$356K |
|
2857
Kratos Defense & Security Solutions
KTOS
$9.12B
| $570K | ﹤0.01% |
40,466
-940,158
| -96% | -$13M |
|
2858
International Money Express
IMXI
$398M
| $569K | ﹤0.01% |
47,600
-109,132
| -70% | -$1.31M |
|
2859
Commercial Metals
CMC
$7.8B
| $568K | ﹤0.01% |
35,456
-231,048
| -87% | -$4.31M |
|
2860
3D Systems Corp
DDD
$412M
| $567K | ﹤0.01% |
55,741
-283,163
| -84% | -$3.88M |
|
2861
FS Bancorp
FSBW
$324M
| $567K | ﹤0.01% |
26,466
-18,476
| -41% | -$431K |
|
2862
PUT
Charles River Laboratories
CRL
$11.6B
| $566K | ﹤0.01% |
+5,000
| New | +$626K |
|
|
EFR
2863
Eaton Vance Senior Floating-Rate Fund
EFR
$312M
| $566K | ﹤0.01% |
45,104
+458
| +1% | +$6.12K |
|
2864
CALL
PENN Entertainment
PENN
$2.82B
| $565K | ﹤0.01% |
+30,000
| New | +$713K |
|
2865
Carlisle Companies
CSL
$14.1B
| $564K | ﹤0.01% |
5,615
-173,197
| -97% | -$17.8M |
|
2866
National Healthcare
NHC
$3.61B
| $564K | ﹤0.01% |
+7,192
| New | +$563K |
|
|
TRCB
2867
DELISTED
Two River Bancorp
TRCB
| $564K | ﹤0.01% |
36,941
-21,257
| -37% | -$326K |
|
2868
Piper Sandler
PIPR
$5.24B
| $563K | ﹤0.01% |
34,196
-287,904
| -89% | -$5.02M |
|
|
BBOX
2869
DELISTED
Black Box Corp
BBOX
| $562K | ﹤0.01% |
+520,035
| New | +$530K |
|
|
MSL
2870
DELISTED
Midsouth Bancorp, Inc.
MSL
| $560K | ﹤0.01% |
52,873
-46,004
| -47% | -$605K |
|
2871
CALL
Merit Medical Systems
MMSI
$4.67B
| $558K | ﹤0.01% |
+10,000
| New | +$594K |
|
2872
Vanguard FTSE Europe ETF
VGK
$30.2B
| $557K | ﹤0.01% |
11,454
+3,438
| +43% | +$177K |
|
2873
Generac Holdings
GNRC
$11.5B
| $555K | ﹤0.01% |
11,164
-107,675
| -91% | -$5.78M |
|
2874
Schwab International Equity ETF
SCHF
$65.5B
| $555K | ﹤0.01% |
+39,124
| New | +$599K |
|
2875
First Busey Corp
BUSE
$2.56B
| $554K | ﹤0.01% |
22,584
-205,570
| -90% | -$5.69M |
|
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.