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 | |
|---|---|---|---|---|---|---|
|
LTC
3476
LTC Properties
LTC
$2.14B
| $330K | ﹤0.01% |
6,449
-1,465
| -19% | -$70.7K |
|
3477
Marcus & Millichap
MMI
$1.2B
| $330K | ﹤0.01% |
9,299
-20,628
| -69% | -$704K |
|
3478
Carvana
CVNA
$47.3B
| $329K | ﹤0.01% |
24,975
-303,465
| -92% | -$4.36M |
|
|
3479
PUT
Lowe's Companies
LOW
$122B
| $329K | ﹤0.01% |
+3,000
| New | +$317K |
|
3480
Newmark Group
NMRK
$2.88B
| $329K | ﹤0.01% |
36,334
-194,484
| -84% | -$1.81M |
|
3481
Schwab International Equity ETF
SCHF
$65.5B
| $328K | ﹤0.01% |
20,632
-18,544
| -47% | -$292K |
|
3482
Ovid Therapeutics
OVID
$440M
| $327K | ﹤0.01% |
100,961
-247,014
| -71% | -$561K |
|
3483
Douglas Dynamics
PLOW
$1.04B
| $326K | ﹤0.01% |
7,317
-7,693
| -51% | -$322K |
|
3484
Ryanair
RYAAY
$31.1B
| $326K | ﹤0.01% |
12,290
-123,215
| -91% | -$3.05M |
|
3485
Simmons First National
SFNC
$3.39B
| $326K | ﹤0.01% |
13,123
-422,425
| -97% | -$10.3M |
|
|
ENIA
3486
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $326K | ﹤0.01% |
35,875
-135,461
| -79% | -$1.14M |
|
3487
Middlesex Water
MSEX
$1.08B
| $325K | ﹤0.01% |
5,017
-821
| -14% | -$50K |
|
|
FRTA
3488
DELISTED
Forterra, Inc
FRTA
| $325K | ﹤0.01% |
45,021
+28,199
| +168% | +$182K |
|
3489
Grupo Aeroportuario Centro Norte
OMAB
$5.23B
| $324K | ﹤0.01% |
6,823
-104,539
| -94% | -$5M |
|
|
CPL
3490
DELISTED
CPFL Energia S.A.
CPL
| $324K | ﹤0.01% |
20,576
-4,774
| -19% | -$77.1K |
|
3491
Core Laboratories
CLB
$493M
| $323K | ﹤0.01% |
6,945
-1,070,448
| -99% | -$49.8M |
|
3492
Hingham Institution for Saving
HIFS
$634M
| $323K | ﹤0.01% |
+1,711
| New | +$324K |
|
3493
Ultralife
ULBI
$89.3M
| $323K | ﹤0.01% |
37,392
-9,866
| -21% | -$84.4K |
|
|
SRGA
3494
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $323K | ﹤0.01% |
+3,783
| New | +$404K |
|
3495
CB Financial Services
CBFV
$189M
| $322K | ﹤0.01% |
11,606
-7,798
| -40% | -$197K |
|
3496
Parsons
PSN
$6.64B
| $322K | ﹤0.01% |
+9,786
| New | +$349K |
|
3497
PagerDuty
PD
$795M
| $320K | ﹤0.01% |
11,356
-284,359
| -96% | -$10.9M |
|
|
ASXC
3498
DELISTED
Asensus Surgical, Inc.
ASXC
| $320K | ﹤0.01% |
39,760
+33,431
| +528% | +$455K |
|
3499
Aquestive Therapeutics
AQST
$472M
| $318K | ﹤0.01% |
100,089
-166,053
| -62% | -$622K |
|
3500
Enbridge
ENB
$121B
| $318K | ﹤0.01% |
9,093
-417,527
| -98% | -$14.4M |
|
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.