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 | |
|---|---|---|---|---|---|---|
2976
DigitalBridge
DBRG
$2.93B
| $476K | ﹤0.01% |
25,446
-120,067
| -83% | -$2.75M |
|
2977
Orrstown Financial Services
ORRF
$857M
| $476K | ﹤0.01% |
26,115
+2,126
| +9% | +$45.1K |
|
|
MLNT
2978
DELISTED
Melinta Therapeutics, Inc. Common Stock
MLNT
| $476K | ﹤0.01% |
120,037
-30,830
| -20% | -$394K |
|
|
TPCO
2979
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $475K | ﹤0.01% |
41,885
+16,514
| +65% | +$239K |
|
2980
ORIX
IX
$42.8B
| $472K | ﹤0.01% |
32,960
-11,940
| -27% | -$187K |
|
2981
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
| $471K | ﹤0.01% |
+18,892
| New | +$469K |
|
2982
Riverview Bancorp
RVSB
$109M
| $470K | ﹤0.01% |
64,562
-42,614
| -40% | -$342K |
|
|
ARTX
2983
DELISTED
Arotech Corporation
ARTX
| $470K | ﹤0.01% |
179,416
-18,650
| -9% | -$52.2K |
|
|
KA
2984
PUT
DELISTED
Kineta, Inc. Common Stock
KA
| $469K | ﹤0.01% |
+1,034
| New | +$701K |
|
2985
IES Holdings
IESC
$10.8B
| $467K | ﹤0.01% |
+30,027
| New | +$520K |
|
2986
CNB Financial Corp
CCNE
$1.05B
| $466K | ﹤0.01% |
20,313
+2,301
| +13% | +$59.6K |
|
2987
Strategy Inc
MSTR
$35.1B
| $466K | ﹤0.01% |
36,510
-271,220
| -88% | -$3.43M |
|
2988
Glacier Bancorp
GBCI
$6.45B
| $463K | ﹤0.01% |
11,690
-1,063
| -8% | -$45.7K |
|
|
FCT
2989
First Trust Senior Floating Rate Income Fund II
FCT
$251M
| $462K | ﹤0.01% |
+41,257
| New | +$493K |
|
2990
iShares China Large-Cap ETF
FXI
$4.27B
| $462K | ﹤0.01% |
11,825
-529,045
| -98% | -$21.4M |
|
2991
PUT
Lowe's Companies
LOW
$122B
| $462K | ﹤0.01% |
+5,000
| New | +$482K |
|
|
CEO
2992
DELISTED
CNOOC Limited
CEO
| $462K | ﹤0.01% |
3,029
+902
| +42% | +$153K |
|
2993
BJs Wholesale Club
BJ
$12.4B
| $461K | ﹤0.01% |
20,798
-1,311,373
| -98% | -$30.1M |
|
2994
Sumitomo Mitsui Financial
SMFG
$163B
| $461K | ﹤0.01% |
+70,830
| New | +$529K |
|
|
SCTL
2995
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $461K | ﹤0.01% |
72,456
-26,700
| -27% | -$167K |
|
2996
Zillow
Z
$7.7B
| $460K | ﹤0.01% |
14,558
-4,217
| -22% | -$150K |
|
2997
Universal Corp
UVV
$1.36B
| $457K | ﹤0.01% |
8,433
-4,566
| -35% | -$294K |
|
2998
Saic
SAIC
$5.14B
| $456K | ﹤0.01% |
7,152
-43,701
| -86% | -$3.04M |
|
2999
Cameco
CCJ
$37.9B
| $455K | ﹤0.01% |
+40,091
| New | +$464K |
|
3000
Hamilton Lane
HLNE
$3.91B
| $455K | ﹤0.01% |
+12,301
| New | +$460K |
|
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.