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 | |
|---|---|---|---|---|---|---|
3326
Apple Hospitality REIT
APLE
$3.97B
| $427K | ﹤0.01% |
25,782
-476,507
| -95% | -$7.54M |
|
|
BLU
3327
DELISTED
BELLUS Health Inc.
BLU
| $424K | ﹤0.01% |
+66,400
| New | +$468K |
|
3328
Unitil
UTL
$1.01B
| $423K | ﹤0.01% |
6,675
-46,805
| -88% | -$2.8M |
|
3329
Vericel Corp
VCEL
$2.39B
| $423K | ﹤0.01% |
27,975
-88,803
| -76% | -$1.55M |
|
|
FCBP
3330
DELISTED
First Choice Bancorp Common Stock
FCBP
| $423K | ﹤0.01% |
+19,855
| New | +$430K |
|
3331
Aegon
AEG
$13.6B
| $422K | ﹤0.01% |
110,792
+83,394
| +304% | +$332K |
|
3332
Global Ship Lease
GSL
$1.57B
| $422K | ﹤0.01% |
+55,200
| New | +$406K |
|
3333
CALL
Medpace
MEDP
$15.9B
| $420K | ﹤0.01% |
5,000
-5,000
| -50% | -$378K |
|
3334
Simulations Plus
SLP
$371M
| $419K | ﹤0.01% |
12,093
-31,552
| -72% | -$1.11M |
|
|
BRQS
3335
DELISTED
Borqs Technologies, Inc. Ordinary Shares
BRQS
| $419K | ﹤0.01% |
1,104
-10
| -0.9% | -$4.52K |
|
3336
ESCO Technologies
ESE
$8.18B
| $418K | ﹤0.01% |
5,259
-2,449
| -32% | -$195K |
|
3337
Stock Yards Bancorp
SYBT
$2.52B
| $418K | ﹤0.01% |
11,410
+517
| +5% | +$18.9K |
|
|
CNR
3338
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $416K | ﹤0.01% |
+68,899
| New | +$377K |
|
|
CFXA
3339
DELISTED
Colfax Corporation 5.75% Tangible Equity Units
CFXA
| $416K | ﹤0.01% |
+3,192
| New | +$396K |
|
|
SBE.U
3340
DELISTED
Switchback Energy Acquisition Corporation
SBE.U
| $416K | ﹤0.01% |
+41,623
| New | +$416K |
|
|
MTSC
3341
DELISTED
MTS Systems Corp
MTSC
| $416K | ﹤0.01% |
7,545
+3,263
| +76% | +$186K |
|
|
FRAN
3342
DELISTED
Francesca's Holdings Corporation
FRAN
| $415K | ﹤0.01% |
29,718
-11,216
| -27% | -$70.7K |
|
3343
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $414K | ﹤0.01% |
+10,300
| New | +$425K |
|
|
KIN
3344
DELISTED
Kindred Biosciences, Inc.
KIN
| $414K | ﹤0.01% |
60,444
-122,721
| -67% | -$900K |
|
3345
iShares Russell Mid-Cap ETF
IWR
$56.5B
| $412K | ﹤0.01% |
7,372
-27,993
| -79% | -$1.56M |
|
3346
NWPX Infrastructure Inc
NWPX
$1.22B
| $412K | ﹤0.01% |
+14,655
| New | +$373K |
|
3347
Under Armour Class C
UA
$2.97B
| $412K | ﹤0.01% |
22,748
-229,530
| -91% | -$4.52M |
|
3348
AudioCodes
AUDC
$249M
| $411K | ﹤0.01% |
+21,756
| New | +$391K |
|
3349
First Hawaiian
FHB
$3.42B
| $411K | ﹤0.01% |
15,415
-91,864
| -86% | -$2.38M |
|
3350
Middleby
MIDD
$6.11B
| $410K | ﹤0.01% |
3,511
-362,980
| -99% | -$44.5M |
|
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.