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 | |
|---|---|---|---|---|---|---|
3201
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$237M
| $520K | ﹤0.01% |
8
-92
| -92% | -$6.61M |
|
|
NLSN
3202
CALL
DELISTED
Nielsen Holdings plc
NLSN
| $520K | ﹤0.01% |
24,500
+600
| +3% | +$13.2K |
|
3203
CALL
Medifast
MED
$108M
| $518K | ﹤0.01% |
5,000
+3,000
| +150% | +$322K |
|
3204
Mercury Systems
MRCY
$5.97B
| $518K | ﹤0.01% |
+6,387
| New | +$505K |
|
3205
Smart Sand
SND
$178M
| $518K | ﹤0.01% |
183,376
-25,494
| -12% | -$63.6K |
|
3206
Farmers & Merchants Bancorp
FMAO
$474M
| $516K | ﹤0.01% |
+19,888
| New | +$530K |
|
3207
Mueller Industries
MLI
$14.7B
| $516K | ﹤0.01% |
72,080
+5,368
| +8% | +$37.6K |
|
3208
Tower Semiconductor
TSEM
$22.9B
| $514K | ﹤0.01% |
26,761
-206,990
| -89% | -$3.86M |
|
3209
Waterstone Financial
WSBF
$372M
| $514K | ﹤0.01% |
29,936
+14,893
| +99% | +$251K |
|
3210
Brighthouse Financial
BHF
$3.66B
| $513K | ﹤0.01% |
12,697
+2,897
| +30% | +$108K |
|
|
RVNC
3211
CALL
DELISTED
Revance Therapeutics, Inc.
RVNC
| $512K | ﹤0.01% |
+39,400
| New | +$482K |
|
3212
MBIA
MBI
$278M
| $511K | ﹤0.01% |
55,448
-691,326
| -93% | -$6.46M |
|
3213
ImmunityBio
IBRX
$7.3B
| $510K | ﹤0.01% |
418,619
-417,140
| -50% | -$518K |
|
3214
Pinterest
PINS
$13.6B
| $509K | ﹤0.01% |
+19,264
| New | +$577K |
|
|
HQH
3215
abrdn Healthcare Investors
HQH
$1.25B
| $508K | ﹤0.01% |
27,734
+12,405
| +81% | +$239K |
|
|
RDUS
3216
DELISTED
Radius Recycling
RDUS
| $508K | ﹤0.01% |
24,614
-14,570
| -37% | -$351K |
|
3217
U-Haul Holding Co
UHAL
$14.3B
| $508K | ﹤0.01% |
+13,040
| New | +$482K |
|
3218
Core Molding Technologies
CMT
$207M
| $507K | ﹤0.01% |
79,174
-3,165
| -4% | -$20.5K |
|
|
CYAD
3219
DELISTED
Celyad Oncology SA American Depositary Shares
CYAD
| $504K | ﹤0.01% |
+50,000
| New | +$618K |
|
3220
HUTCHMED
HCM
$1.93B
| $503K | ﹤0.01% |
28,237
-23,748
| -46% | -$495K |
|
|
TEF
3221
DELISTED
Telefonica
TEF
| $502K | ﹤0.01% |
81,857
-5,656
| -6% | -$34.2K |
|
|
PRSU
3222
Pursuit Attractions and Hospitality Inc
PRSU
$1.48B
| $502K | ﹤0.01% |
7,477
-2,113
| -22% | -$142K |
|
|
ABDC
3223
DELISTED
Alcentra Capital Corp
ABDC
| $502K | ﹤0.01% |
56,536
+42,954
| +316% | +$371K |
|
3224
Universal Logistics Holdings
ULH
$393M
| $501K | ﹤0.01% |
21,523
-108,673
| -83% | -$2.35M |
|
3225
Graham Holdings Company
GHC
$5.23B
| $500K | ﹤0.01% |
+754
| New | +$534K |
|
Similar funds
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.