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 | |
|---|---|---|---|---|---|---|
3101
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$654M
| $618K | ﹤0.01% |
48,046
+30,865
| +180% | +$414K |
|
3102
Adecoagro
AGRO
$1.41B
| $617K | ﹤0.01% |
83,885
-155,743
| -65% | -$1.26M |
|
3103
Carlyle Secured Lending
CGBD
$715M
| $616K | ﹤0.01% |
36,900
-19,452
| -35% | -$336K |
|
3104
Sasol
SSL
$7.4B
| $616K | ﹤0.01% |
15,942
-138,750
| -90% | -$5.26M |
|
|
CMCM
3105
Cheetah Mobile
CMCM
$90.6M
| $615K | ﹤0.01% |
12,514
-30,466
| -71% | -$1.45M |
|
3106
Gorman-Rupp
GRC
$2.13B
| $615K | ﹤0.01% |
16,836
-43,599
| -72% | -$1.6M |
|
3107
CBRE Group
CBRE
$44.1B
| $614K | ﹤0.01% |
13,912
-434,020
| -97% | -$20.7M |
|
3108
AMN Healthcare
AMN
$1.35B
| $611K | ﹤0.01% |
+11,170
| New | +$640K |
|
3109
Ribbon Communications
RBBN
$389M
| $610K | ﹤0.01% |
89,385
-332,269
| -79% | -$2.37M |
|
|
BFX
3110
DELISTED
BowFlex Inc.
BFX
| $609K | ﹤0.01% |
43,658
-74,136
| -63% | -$1.07M |
|
3111
CorVel
CRVL
$3.15B
| $607K | ﹤0.01% |
+30,207
| New | +$582K |
|
3112
Fortis
FTS
$29.7B
| $606K | ﹤0.01% |
18,707
-50,559
| -73% | -$1.65M |
|
|
LOMA
3113
Loma Negra
LOMA
$1.32B
| $601K | ﹤0.01% |
68,029
-233,867
| -77% | -$2.22M |
|
|
CO
3114
DELISTED
Global Cord Blood Corporation
CO
| $601K | ﹤0.01% |
86,047
-67,108
| -44% | -$504K |
|
3115
First Western Financial
MYFW
$301M
| $600K | ﹤0.01% |
+34,293
| New | +$609K |
|
3116
First Horizon
FHN
$12.2B
| $598K | ﹤0.01% |
34,641
-6,805
| -16% | -$123K |
|
3117
Innospec
IOSP
$2.1B
| $598K | ﹤0.01% |
7,795
-871
| -10% | -$67.8K |
|
3118
PUT
Marriott International
MAR
$101B
| $597K | ﹤0.01% |
5,900
-22,300
| -79% | -$2.85M |
|
|
STBZ
3119
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $597K | ﹤0.01% |
19,784
+8,305
| +72% | +$269K |
|
3120
Biglari Holdings Class B
BH
$1.25B
| $596K | ﹤0.01% |
3,287
-7,822
| -70% | -$1.5M |
|
3121
PUT
Kohl's
KSS
$2.11B
| $596K | ﹤0.01% |
8,000
| – | – |
|
|
OSB
3122
DELISTED
Norbord Inc.
OSB
| $596K | ﹤0.01% |
+17,976
| New | +$702K |
|
|
SNNA
3123
DELISTED
Sienna Biopharmaceuticals, Inc.
SNNA
| $593K | ﹤0.01% |
40,006
+19,503
| +95% | +$310K |
|
3124
State Street DoubleLine Total Return Tactical ETF
TOTL
$4.11B
| $590K | ﹤0.01% |
+12,488
| New | +$592K |
|
|
CVIA
3125
DELISTED
Covia Holdings Corporation Common Stock
CVIA
| $590K | ﹤0.01% |
+65,789
| New | +$907K |
|
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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.