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 | |
|---|---|---|---|---|---|---|
|
RFP
2901
DELISTED
Resolute Forest Products Inc.
RFP
| $864K | ﹤0.01% |
184,014
-30,790
| -14% | -$168K |
|
|
EEX
2902
DELISTED
Emerald Holding
EEX
| $861K | ﹤0.01% |
88,562
-366
| -0.4% | -$3.74K |
|
|
KE
2903
Kimball Electronics
KE
$564M
| $857K | ﹤0.01% |
59,065
+10,049
| +21% | +$149K |
|
|
BFS
2904
Saul Centers
BFS
$858M
| $856K | ﹤0.01% |
15,721
-65,700
| -81% | -$3.5M |
|
|
AFI
2905
DELISTED
Armstrong Flooring, Inc.
AFI
| $855K | ﹤0.01% |
133,851
-157,297
| -54% | -$1.23M |
|
2906
Plug Power
PLUG
$2.65B
| $854K | ﹤0.01% |
325,028
+36,923
| +13% | +$85.6K |
|
2907
ORIX
IX
$42.7B
| $851K | ﹤0.01% |
56,680
+5,120
| +10% | +$76.7K |
|
2908
CALL
Revvity
RVTY
$12.6B
| $851K | ﹤0.01% |
10,000
+5,000
| +100% | +$437K |
|
2909
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.4M
| $849K | ﹤0.01% |
16,272
+12,293
| +309% | +$678K |
|
|
ROCC
2910
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $849K | ﹤0.01% |
29,212
-25,049
| -46% | -$777K |
|
2911
Biglari Holdings Class A
BH.A
$1.2B
| $847K | ﹤0.01% |
1,510
-519
| -26% | -$263K |
|
2912
Daktronics
DAKT
$946M
| $846K | ﹤0.01% |
114,566
-11,970
| -9% | -$79.7K |
|
2913
Dana Inc
DAN
$2.88B
| $846K | ﹤0.01% |
58,652
-178,891
| -75% | -$2.78M |
|
2914
Matsons
MATX
$6.11B
| $846K | ﹤0.01% |
+22,565
| New | +$857K |
|
2915
AT&T
T
$164B
| $843K | ﹤0.01% |
29,503
-65,539
| -69% | -$1.74M |
|
2916
Bank of N.T. Butterfield & Son
NTB
$2.41B
| $842K | ﹤0.01% |
28,429
-28,610
| -50% | -$868K |
|
|
IMH
2917
DELISTED
Impac Mortgage Holdings Inc.
IMH
| $842K | ﹤0.01% |
107,113
-72,519
| -40% | -$383K |
|
2918
COPT Defense Properties
CDP
$4.32B
| $841K | ﹤0.01% |
28,270
+14,262
| +102% | +$404K |
|
2919
Hudbay
HBM
$9.76B
| $841K | ﹤0.01% |
233,078
+132,726
| +132% | +$540K |
|
2920
Schwab US Dividend Equity ETF
SCHD
$104B
| $841K | ﹤0.01% |
46,098
+34,632
| +302% | +$620K |
|
|
CORR
2921
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $841K | ﹤0.01% |
17,817
+11,860
| +199% | +$521K |
|
|
STND
2922
DELISTED
Standard AVB Financial Corp. Common Stock
STND
| $840K | ﹤0.01% |
30,900
-3,214
| -9% | -$88K |
|
2923
CALL
Wynn Resorts
WYNN
$10.3B
| $837K | ﹤0.01% |
+7,700
| New | +$916K |
|
|
NYMX
2924
DELISTED
Nymox Pharmaceutical Corp
NYMX
| $837K | ﹤0.01% |
455,094
-699,662
| -61% | -$1.22M |
|
2925
Banco Bradesco
BBD
$37.4B
| $836K | ﹤0.01% |
136,845
-1,459,479
| -91% | -$9.66M |
|
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.