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 | |
|---|---|---|---|---|---|---|
|
NVMI
3126
Nova
NVMI
$12.8B
| $352K | ﹤0.01% |
+15,460
| New | +$366K |
|
3127
Schwab US Dividend Equity ETF
SCHD
$104B
| $351K | ﹤0.01% |
22,401
-2,295
| -9% | -$38.2K |
|
|
ANH
3128
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $351K | ﹤0.01% |
86,888
-278,891
| -76% | -$1.23M |
|
3129
Kura Oncology
KURA
$826M
| $349K | ﹤0.01% |
24,852
-417,095
| -94% | -$5.53M |
|
3130
Ooma
OOMA
$608M
| $349K | ﹤0.01% |
25,161
-24,852
| -50% | -$361K |
|
3131
Manitowoc
MTW
$527M
| $347K | ﹤0.01% |
23,460
-58,937
| -72% | -$1.1M |
|
3132
Gaia
GAIA
$47.6M
| $345K | ﹤0.01% |
33,315
-43,638
| -57% | -$575K |
|
|
SREV
3133
DELISTED
ServiceSource International, Inc.
SREV
| $345K | ﹤0.01% |
319,452
-208,877
| -40% | -$329K |
|
|
PCI
3134
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $344K | ﹤0.01% |
16,324
-21
| -0.1% | -$474 |
|
3135
Champion Homes
SKY
$4.58B
| $343K | ﹤0.01% |
23,332
-83,111
| -78% | -$1.84M |
|
|
BCPC
3136
Balchem Corp
BCPC
$5.33B
| $343K | ﹤0.01% |
+4,380
| New | +$395K |
|
|
SRGA
3137
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $343K | ﹤0.01% |
3,090
-3,265
| -51% | -$425K |
|
|
MTLS
3138
Materialise
MTLS
$373M
| $342K | ﹤0.01% |
17,062
-2,759
| -14% | -$40.1K |
|
3139
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$643M
| $342K | ﹤0.01% |
+27,178
| New | +$340K |
|
3140
Omega Flex
OFLX
$306M
| $341K | ﹤0.01% |
+6,300
| New | +$374K |
|
|
KTF
3141
DWS Municipal Income Trust
KTF
$346M
| $340K | ﹤0.01% |
+33,000
| New | +$339K |
|
3142
Nexstar Media Group
NXST
$5.92B
| $340K | ﹤0.01% |
4,323
-2,461
| -36% | -$195K |
|
3143
CALL
Electronic Arts
EA
$52.4B
| $339K | ﹤0.01% |
4,300
-100,000
| -96% | -$9.17M |
|
3144
Evolution Petroleum
EPM
$131M
| $337K | ﹤0.01% |
49,358
-39,774
| -45% | -$373K |
|
3145
Sportsman's Warehouse
SPWH
$45.7M
| $337K | ﹤0.01% |
76,909
-181,688
| -70% | -$883K |
|
3146
National Vision
EYE
$1.75B
| $336K | ﹤0.01% |
+11,920
| New | +$454K |
|
|
TWNK
3147
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $335K | ﹤0.01% |
30,612
-54,268
| -64% | -$596K |
|
3148
BlackRock MuniYield New York Quality Fund
MYN
$375M
| $330K | ﹤0.01% |
+28,676
| New | +$325K |
|
3149
PUT
CVS Health
CVS
$140B
| $328K | ﹤0.01% |
5,000
-167,500
| -97% | -$12.5M |
|
|
FINV
3150
FinVolution Group
FINV
$1.16B
| $327K | ﹤0.01% |
+90,737
| New | +$485K |
|
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.