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 | |
|---|---|---|---|---|---|---|
|
AVEO
3276
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $469K | ﹤0.01% |
55,580
-287,110
| -84% | -$2.14M |
|
3277
CytomX Therapeutics
CTMX
$701M
| $466K | ﹤0.01% |
63,273
-411,565
| -87% | -$4.06M |
|
|
AUO
3278
DELISTED
AU Optronics Corp
AUO
| $465K | ﹤0.01% |
189,384
+55,669
| +42% | +$146K |
|
3279
CrowdStrike
CRWD
$185B
| $461K | ﹤0.01% |
31,652
-1,510,892
| -98% | -$30M |
|
3280
Westwood Holdings Group
WHG
$187M
| $461K | ﹤0.01% |
16,669
-36,660
| -69% | -$1.11M |
|
3281
Alarm.com
ALRM
$2.7B
| $460K | ﹤0.01% |
9,865
-239,069
| -96% | -$11.7M |
|
3282
Cartesian Therapeutics
RNAC
$225M
| $460K | ﹤0.01% |
8,768
-4,819
| -35% | -$256K |
|
3283
Old Dominion Freight Line
ODFL
$47.1B
| $459K | ﹤0.01% |
8,118
-579,843
| -99% | -$31.5M |
|
|
ITIC
3284
Investors Title Co
ITIC
$549M
| $458K | ﹤0.01% |
+2,861
| New | +$444K |
|
|
ICBK
3285
DELISTED
County Bancorp, Inc. Common Stock
ICBK
| $458K | ﹤0.01% |
23,371
-16,307
| -41% | -$294K |
|
3286
UBS Group
UBS
$171B
| $457K | ﹤0.01% |
40,452
+23,177
| +134% | +$261K |
|
|
SBBX
3287
DELISTED
SB One Bancorp Common Stock
SBBX
| $457K | ﹤0.01% |
+20,288
| New | +$461K |
|
|
DTV
3288
DELISTED
DTE Energy Company 2016 Corporate Units
DTV
| $457K | ﹤0.01% |
7,895
+4,094
| +108% | +$232K |
|
|
SMAR
3289
DELISTED
Smartsheet Inc.
SMAR
| $456K | ﹤0.01% |
12,668
-229,994
| -95% | -$11M |
|
3290
Century Communities
CCS
$2.03B
| $455K | ﹤0.01% |
14,860
-12,353
| -45% | -$344K |
|
|
IFFT
3291
DELISTED
International Flavors & Fragrances Inc. 6.00% Tangible Equity Units
IFFT
| $454K | ﹤0.01% |
+9,652
| New | +$471K |
|
3292
AZZ Inc
AZZ
$4.41B
| $453K | ﹤0.01% |
10,419
-71,122
| -87% | -$3.11M |
|
|
NAV
3293
DELISTED
Navistar International
NAV
| $453K | ﹤0.01% |
16,116
-136,349
| -89% | -$3.87M |
|
3294
Artivion
AORT
$1.31B
| $451K | ﹤0.01% |
16,633
-358,287
| -96% | -$10.1M |
|
3295
FB Financial Corp
FBK
$2.98B
| $451K | ﹤0.01% |
+12,022
| New | +$443K |
|
3296
iRadimed
IRMD
$1.21B
| $450K | ﹤0.01% |
+21,455
| New | +$438K |
|
|
CRR
3297
DELISTED
Carbo Ceramics Inc.
CRR
| $449K | ﹤0.01% |
187,155
-233,375
| -55% | -$373K |
|
3298
Bankwell Financial Group
BWFG
$533M
| $448K | ﹤0.01% |
16,298
-15,985
| -50% | -$435K |
|
3299
Cass Information Systems
CASS
$715M
| $448K | ﹤0.01% |
8,310
-40,068
| -83% | -$2.05M |
|
3300
FerroAtlántica
GSM
$628M
| $448K | ﹤0.01% |
397,262
-173,491
| -30% | -$243K |
|
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.