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 | |
|---|---|---|---|---|---|---|
3101
CALL
BioCryst Pharmaceuticals
BCRX
$2.44B
| $604K | ﹤0.01% |
211,000
-589,000
| -74% | -$1.83M |
|
3102
GDS Holdings
GDS
$5.92B
| $603K | ﹤0.01% |
+15,060
| New | +$607K |
|
|
YI
3103
111 Inc
YI
$33.4M
| $603K | ﹤0.01% |
12,382
-15,674
| -56% | -$623K |
|
|
LN
3104
DELISTED
LINE Corporation
LN
| $602K | ﹤0.01% |
16,756
-36,428
| -68% | -$1.21M |
|
3105
PennantPark Floating Rate Capital
PFLT
$703M
| $599K | ﹤0.01% |
+51,648
| New | +$599K |
|
|
WIFI
3106
DELISTED
Boingo Wireless, Inc.
WIFI
| $597K | ﹤0.01% |
53,825
-485,666
| -90% | -$6.84M |
|
3107
Franklin Electric
FELE
$4.78B
| $596K | ﹤0.01% |
12,479
-98,036
| -89% | -$4.54M |
|
3108
Sanmina
SANM
$9.03B
| $596K | ﹤0.01% |
18,574
-27,178
| -59% | -$834K |
|
|
PACD
3109
DELISTED
Pacific Drilling S.A. Common Shares
PACD
| $596K | ﹤0.01% |
152,553
-80,266
| -34% | -$565K |
|
3110
CALL
Cooper Companies
COO
$14.2B
| $594K | ﹤0.01% |
8,000
+4,000
| +100% | +$322K |
|
|
CMBM
3111
DELISTED
Cambium Networks
CMBM
| $593K | ﹤0.01% |
61,149
-60,051
| -50% | -$576K |
|
3112
Globe Life
GL
$13.9B
| $593K | ﹤0.01% |
6,198
-185,142
| -97% | -$16.8M |
|
3113
RBB Bancorp
RBB
$451M
| $593K | ﹤0.01% |
+30,151
| New | +$576K |
|
3114
E.W. Scripps
SSP
$270M
| $593K | ﹤0.01% |
44,688
+8,418
| +23% | +$116K |
|
3115
Ezcorp Inc
EZPW
$1.8B
| $592K | ﹤0.01% |
91,780
-216,910
| -70% | -$1.86M |
|
3116
Jazz Pharmaceuticals
JAZZ
$16.1B
| $590K | ﹤0.01% |
4,608
-134,333
| -97% | -$18M |
|
3117
Axcelis
ACLS
$3.55B
| $589K | ﹤0.01% |
+34,469
| New | +$551K |
|
|
MCF
3118
DELISTED
Contango Oil & Gas Co.
MCF
| $589K | ﹤0.01% |
211,929
+154,664
| +270% | +$216K |
|
3119
Century Casinos
CNTY
$32.4M
| $588K | ﹤0.01% |
+76,076
| New | +$662K |
|
3120
Guidewire Software
GWRE
$13.8B
| $588K | ﹤0.01% |
+5,580
| New | +$563K |
|
3121
Exagen
XGN
$109M
| $588K | ﹤0.01% |
+37,964
| New | +$613K |
|
|
CEO
3122
DELISTED
CNOOC Limited
CEO
| $586K | ﹤0.01% |
3,850
+200
| +5% | +$31.5K |
|
3123
Check Point Software Technologies
CHKP
$14.2B
| $583K | ﹤0.01% |
5,330
-138,243
| -96% | -$15.4M |
|
3124
ClearPoint Neuro
CLPT
$426M
| $583K | ﹤0.01% |
+115,284
| New | +$472K |
|
3125
Hartford Financial Services
HIG
$39.8B
| $583K | ﹤0.01% |
+9,635
| New | +$564K |
|
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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.