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 | |
|---|---|---|---|---|---|---|
|
CELG
276
DELISTED
Celgene Corp
CELG
| $72.8M | 0.09% |
813,167
-307,591
| -27% | -$27.2M |
|
277
eBay
EBAY
$48.6B
| $72.6M | 0.09% |
2,198,043
-1,409,566
| -39% | -$48.8M |
|
278
Ryman Hospitality Properties
RHP
$8.4B
| $72.6M | 0.09% |
841,990
-48,038
| -5% | -$4.1M |
|
279
Carnival Corporation Ltd
CCL
$36.1B
| $72.3M | 0.09% |
1,133,664
+937,884
| +479% | +$56.9M |
|
|
SBNY
280
DELISTED
Signature Bank
SBNY
| $72.3M | 0.09% |
629,399
-214,416
| -25% | -$25.3M |
|
281
AT&T
T
$165B
| $72.2M | 0.09% |
2,848,251
-2,558,772
| -47% | -$62.7M |
|
282
Conagra Brands
CAG
$7.07B
| $72.2M | 0.09% |
2,125,145
-2,427,408
| -53% | -$88.7M |
|
283
American Homes 4 Rent
AMH
$12B
| $72.2M | 0.09% |
3,297,594
+1,740,180
| +112% | +$39.3M |
|
284
Dollar General
DG
$25.9B
| $72.1M | 0.09% |
659,299
-686,278
| -51% | -$71.3M |
|
285
Eagle Materials
EXP
$6.6B
| $71.7M | 0.09% |
841,629
+647,172
| +333% | +$62.8M |
|
286
NVR
NVR
$17.2B
| $71.7M | 0.09% |
29,033
+25,586
| +742% | +$70.6M |
|
287
Ameriprise Financial
AMP
$46.8B
| $71.5M | 0.09% |
484,115
+11,802
| +2% | +$1.69M |
|
288
Tapestry
TPR
$28.8B
| $71.3M | 0.09% |
1,419,083
+1,348,320
| +1,905% | +$66M |
|
289
Incyte
INCY
$23.5B
| $71.3M | 0.09% |
1,032,359
-52,674
| -5% | -$3.62M |
|
290
Advanced Micro Devices
AMD
$851B
| $71.1M | 0.09% |
2,300,927
-3,287,756
| -59% | -$74.2M |
|
291
Camden Property Trust
CPT
$11.3B
| $70.9M | 0.09% |
757,260
+36,294
| +5% | +$3.37M |
|
292
Caesars Entertainment
CZR
$6.1B
| $70.9M | 0.09% |
1,457,916
-367,666
| -20% | -$16.7M |
|
293
iRhythm Holdings
IRTC
$3.59B
| $70.8M | 0.09% |
748,179
+21,342
| +3% | +$1.86M |
|
294
Popular Inc
BPOP
$11B
| $70.7M | 0.09% |
1,379,225
+249,202
| +22% | +$12.4M |
|
295
TSMC
TSM
$2.09T
| $70.6M | 0.09% |
1,599,775
+1,572,231
| +5,708% | +$65.1M |
|
296
Revvity
RVTY
$12.3B
| $70.6M | 0.09% |
725,393
+702,908
| +3,126% | +$60.4M |
|
297
Pacira BioSciences
PCRX
$1.02B
| $70.2M | 0.09% |
1,428,970
+376,467
| +36% | +$16.3M |
|
298
General Motors
GM
$74.7B
| $70M | 0.09% |
2,080,471
-658,174
| -24% | -$24.2M |
|
299
Keysight
KEYS
$54.5B
| $70M | 0.09% |
1,056,468
-149,803
| -12% | -$9.3M |
|
300
PUT
iShares China Large-Cap ETF
FXI
$4.31B
| $69.1M | 0.08% |
1,613,100
-179,200
| -10% | -$7.59M |
|
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.