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 | |
|---|---|---|---|---|---|---|
|
AKTS
3076
DELISTED
Akoustis Technologies Inc
AKTS
| $392K | ﹤0.01% |
78,887
-47,512
| -38% | -$244K |
|
|
SMI
3077
DELISTED
Semiconductor Manufacturing Intl
SMI
| $392K | ﹤0.01% |
91,495
+66,896
| +272% | +$299K |
|
3078
Ichor Holdings
ICHR
$2.37B
| $389K | ﹤0.01% |
23,893
-39,215
| -62% | -$678K |
|
3079
iShares Semiconductor ETF
SOXX
$40.6B
| $389K | ﹤0.01% |
7,440
-33,828
| -82% | -$1.86M |
|
3080
Larimar Therapeutics
LRMR
$398M
| $386K | ﹤0.01% |
6,499
-29,499
| -82% | -$2.91M |
|
|
DAY
3081
DELISTED
Dayforce
DAY
| $386K | ﹤0.01% |
+11,200
| New | +$418K |
|
|
CS
3082
DELISTED
Credit Suisse Group
CS
| $386K | ﹤0.01% |
+35,538
| New | +$440K |
|
3083
United Fire Group
UFCS
$1.35B
| $385K | ﹤0.01% |
6,947
-1,285
| -16% | -$66.2K |
|
|
AUTL
3084
Autolus Therapeutics
AUTL
$386M
| $384K | ﹤0.01% |
11,700
-24,258
| -67% | -$798K |
|
|
LHCG
3085
DELISTED
LHC Group LLC
LHCG
| $384K | ﹤0.01% |
4,089
-19,257
| -82% | -$1.84M |
|
3086
Turning Point Brands
TPB
$1.56B
| $383K | ﹤0.01% |
14,080
-4,701
| -25% | -$165K |
|
|
CHS
3087
DELISTED
Chicos FAS, Inc.
CHS
| $383K | ﹤0.01% |
68,099
-194,699
| -74% | -$1.36M |
|
3088
NewtekOne
NEWT
$425M
| $382K | ﹤0.01% |
+21,900
| New | +$422K |
|
3089
CALL
Integer Holdings
ITGR
$3.41B
| $381K | ﹤0.01% |
+5,000
| New | +$401K |
|
|
BEST
3090
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $381K | ﹤0.01% |
4,632
-9,133
| -66% | -$949K |
|
3091
Vanguard Information Technology ETF
VGT
$136B
| $379K | ﹤0.01% |
18,184
-6,616
| -27% | -$150K |
|
3092
CALL
Waters Corp
WAT
$37.7B
| $377K | ﹤0.01% |
2,000
-23,000
| -92% | -$4.37M |
|
3093
Clarus
CLAR
$128M
| $376K | ﹤0.01% |
+37,288
| New | +$390K |
|
3094
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$467M
| $376K | ﹤0.01% |
7,233
-26,567
| -79% | -$1.39M |
|
3095
Agree Realty
ADC
$9.74B
| $375K | ﹤0.01% |
6,347
-242,061
| -97% | -$13.8M |
|
3096
BCB Bancorp
BCBP
$186M
| $370K | ﹤0.01% |
35,305
+25,150
| +248% | +$303K |
|
3097
Southern Company
SO
$109B
| $369K | ﹤0.01% |
8,411
-991,679
| -99% | -$45.1M |
|
3098
Weis Markets
WMK
$1.9B
| $369K | ﹤0.01% |
+7,717
| New | +$349K |
|
3099
Liberty Media Series A
FWONA
$23.3B
| $368K | ﹤0.01% |
+12,921
| New | +$382K |
|
3100
NVE Corp
NVEC
$564M
| $367K | ﹤0.01% |
4,196
+2,247
| +115% | +$203K |
|
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.