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 | |
|---|---|---|---|---|---|---|
3401
PennantPark Floating Rate Capital
PFLT
$692M
| $176K | ﹤0.01% |
15,245
-5,316
| -26% | -$67.2K |
|
3402
Pearson
PSO
$10.1B
| $176K | ﹤0.01% |
+14,700
| New | +$170K |
|
|
NBRV
3403
DELISTED
Nabriva Therapeutics plc Ordinary Shares Ireland
NBRV
| $176K | ﹤0.01% |
482
-11
| -2% | -$5.92K |
|
3404
Cleveland-Cliffs
CLF
$6.99B
| $175K | ﹤0.01% |
22,758
-2,990,376
| -99% | -$29.9M |
|
3405
Forestar Group
FOR
$1.47B
| $175K | ﹤0.01% |
+12,662
| New | +$212K |
|
|
CSTR
3406
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $175K | ﹤0.01% |
+11,850
| New | +$183K |
|
|
AUD
3407
DELISTED
Audacy, Inc.
AUD
| $175K | ﹤0.01% |
30,690
-101,799
| -77% | -$678K |
|
|
CHW
3408
Calamos Global Dynamic Income Fund
CHW
$538M
| $174K | ﹤0.01% |
+26,600
| New | +$201K |
|
3409
Information Services Group
III
$192M
| $174K | ﹤0.01% |
40,972
-119,054
| -74% | -$501K |
|
3410
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.2B
| $174K | ﹤0.01% |
14,988
+3,234
| +28% | +$38.2K |
|
|
LBY
3411
DELISTED
Libbey, Inc.
LBY
| $174K | ﹤0.01% |
44,897
-282,418
| -86% | -$1.84M |
|
|
ITRM
3412
DELISTED
Iterum Therapeutics
ITRM
| $173K | ﹤0.01% |
2,298
-1,069
| -32% | -$101K |
|
|
EARN
3413
Ellington Residential Mortgage REIT
EARN
$165M
| $172K | ﹤0.01% |
16,821
-61,110
| -78% | -$661K |
|
3414
Interface
TILE
$1.96B
| $171K | ﹤0.01% |
12,000
-128,118
| -91% | -$2.2M |
|
3415
Townsquare Media
TSQ
$106M
| $169K | ﹤0.01% |
41,314
-100,768
| -71% | -$645K |
|
3416
Coda Octopus Group
CODA
$113M
| $168K | ﹤0.01% |
28,757
-12,617
| -30% | -$75.2K |
|
3417
Senseonics Holdings Inc
SENS
$262M
| $168K | ﹤0.01% |
3,241
-65,079
| -95% | -$4.35M |
|
|
OTIC
3418
DELISTED
Otonomy, Inc.
OTIC
| $168K | ﹤0.01% |
90,794
-323,905
| -78% | -$764K |
|
|
BSL
3419
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$168M
| $167K | ﹤0.01% |
+10,900
| New | +$186K |
|
3420
LSI Industries
LYTS
$854M
| $167K | ﹤0.01% |
52,636
-261,748
| -83% | -$1.09M |
|
|
HBP
3421
DELISTED
Huttig Building Products, Inc.
HBP
| $167K | ﹤0.01% |
93,050
-180,598
| -66% | -$545K |
|
|
VSA
3422
VisionSys AI
VSA
$9.08M
| $166K | ﹤0.01% |
11
-2
| -15% | -$38.4K |
|
|
VLRX
3423
DELISTED
VALERITAS HOLDINGS INC
VLRX
| $165K | ﹤0.01% |
+25,338
| New | +$407K |
|
|
COOP
3424
DELISTED
Mr. Cooper
COOP
| $164K | ﹤0.01% |
14,029
+11,948
| +574% | +$171K |
|
|
HONE
3425
DELISTED
HarborOne Bancorp
HONE
| $164K | ﹤0.01% |
18,569
-42,183
| -69% | -$414K |
|
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.