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 | |
|---|---|---|---|---|---|---|
3226
CALL
Pfizer
PFE
$144B
| $499K | ﹤0.01% |
14,651
-445,315
| -97% | -$16.2M |
|
3227
Vanguard Energy ETF
VDE
$9.72B
| $498K | ﹤0.01% |
6,394
+2,792
| +78% | +$223K |
|
|
TKKSR
3228
DELISTED
TKK Symphony Acquisition Corporation Right
TKKSR
| $498K | ﹤0.01% |
+2,075,200
| New | +$442K |
|
3229
Hope Bancorp
HOPE
$1.8B
| $497K | ﹤0.01% |
34,658
+7,722
| +29% | +$108K |
|
|
AVDL
3230
DELISTED
Avadel Pharmaceuticals
AVDL
| $494K | ﹤0.01% |
+118,888
| New | +$298K |
|
3231
Hovnanian Enterprises
HOV
$800M
| $494K | ﹤0.01% |
25,691
-32,366
| -56% | -$309K |
|
3232
PUT
IBM
IBM
$214B
| $494K | ﹤0.01% |
3,556
+732
| +26% | +$98.7K |
|
3233
Community Health Systems
CYH
$393M
| $493K | ﹤0.01% |
137,218
-21,803
| -14% | -$56.8K |
|
3234
CALL
3M
MMM
$94.1B
| $493K | ﹤0.01% |
3,588
-9,448
| -72% | -$1.32M |
|
|
3235
PUT
3M
MMM
$94.1B
| $493K | ﹤0.01% |
+3,588
| New | +$502K |
|
|
EGOV
3236
DELISTED
NIC Inc
EGOV
| $493K | ﹤0.01% |
23,889
-15,511
| -39% | -$303K |
|
3237
CALL
Eli Lilly
LLY
$1.09T
| $492K | ﹤0.01% |
+4,400
| New | +$490K |
|
|
3238
PUT
Eli Lilly
LLY
$1.09T
| $492K | ﹤0.01% |
+4,400
| New | +$490K |
|
3239
PAR Technology
PAR
$707M
| $492K | ﹤0.01% |
+20,725
| New | +$505K |
|
|
ONCT
3240
DELISTED
Oncternal Therapeutics, Inc. Common Stock
ONCT
| $491K | ﹤0.01% |
+4,911
| New | +$503K |
|
3241
iShares MSCI Philippines ETF
EPHE
$132M
| $490K | ﹤0.01% |
14,661
-30,055
| -67% | -$1.04M |
|
3242
CALL
PNC Financial Services
PNC
$100B
| $490K | ﹤0.01% |
+3,500
| New | +$475K |
|
|
3243
PUT
PNC Financial Services
PNC
$100B
| $490K | ﹤0.01% |
+3,500
| New | +$475K |
|
3244
Itron
ITRI
$4.75B
| $489K | ﹤0.01% |
6,621
-377,018
| -98% | -$25.4M |
|
|
NOVA
3245
DELISTED
Sunnova Energy
NOVA
| $488K | ﹤0.01% |
+45,411
| New | +$490K |
|
3246
Comstock Resources
CRK
$3.64B
| $487K | ﹤0.01% |
62,529
-91,099
| -59% | -$608K |
|
3247
CALL
Alphabet (Google) Class C
GOOG
$4.07T
| $487K | ﹤0.01% |
+8,000
| New | +$473K |
|
|
3248
PUT
Alphabet (Google) Class C
GOOG
$4.07T
| $487K | ﹤0.01% |
+8,000
| New | +$473K |
|
|
EBIX
3249
DELISTED
Ebix Inc
EBIX
| $487K | ﹤0.01% |
11,589
-316,164
| -96% | -$13.3M |
|
3250
Global Indemnity Group
GBLI
$405M
| $486K | ﹤0.01% |
+19,476
| New | +$527K |
|
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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.