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 | |
|---|---|---|---|---|---|---|
3526
Veritone
VERI
$96.7M
| $305K | ﹤0.01% |
85,556
-654,396
| -88% | -$3.74M |
|
3527
Investar Holding Corp
ISTR
$415M
| $304K | ﹤0.01% |
+12,801
| New | +$301K |
|
|
USAK
3528
DELISTED
USA Truck Inc
USAK
| $304K | ﹤0.01% |
37,933
-43,172
| -53% | -$379K |
|
3529
Peapack-Gladstone Financial
PGC
$846M
| $303K | ﹤0.01% |
+10,814
| New | +$303K |
|
3530
Ranger Energy Services
RNGR
$345M
| $303K | ﹤0.01% |
47,094
-3,019
| -6% | -$20.4K |
|
3531
SunCoke Energy
SXC
$779M
| $303K | ﹤0.01% |
53,743
-35,675
| -40% | -$257K |
|
3532
Urban One Class D
UONEK
$22.6M
| $303K | ﹤0.01% |
15,275
+85
| +0.6% | +$1.69K |
|
|
JAG
3533
DELISTED
Jagged Peak Energy Inc.
JAG
| $302K | ﹤0.01% |
41,638
-569,399
| -93% | -$4.21M |
|
3534
Beam Global
BEEM
$23.1M
| $301K | ﹤0.01% |
51,507
-2,925
| -5% | -$16K |
|
|
MOTS
3535
DELISTED
Motus GI Holdings, Inc. Common Stock
MOTS
| $301K | ﹤0.01% |
+507
| New | +$413K |
|
|
TRCB
3536
DELISTED
Two River Bancorp
TRCB
| $301K | ﹤0.01% |
14,522
-10,975
| -43% | -$189K |
|
3537
Manchester United
MANU
$4.03B
| $300K | ﹤0.01% |
+18,269
| New | +$321K |
|
3538
Ormat Technologies
ORA
$6.05B
| $299K | ﹤0.01% |
4,034
+756
| +23% | +$52.1K |
|
|
GMDA
3539
DELISTED
Gamida Cell Ltd. Ordinary Shares
GMDA
| $299K | ﹤0.01% |
69,077
-45,933
| -40% | -$187K |
|
3540
Cemex
CX
$17.3B
| $298K | ﹤0.01% |
76,105
-2,281,407
| -97% | -$8.36M |
|
3541
Edison International
EIX
$30.7B
| $298K | ﹤0.01% |
3,954
-551,549
| -99% | -$39.7M |
|
3542
NBT Bancorp
NBTB
$2.79B
| $298K | ﹤0.01% |
8,151
-80,944
| -91% | -$2.96M |
|
3543
Korea Electric Power
KEP
$14.9B
| $297K | ﹤0.01% |
+27,489
| New | +$298K |
|
|
MASI
3544
PUT
DELISTED
Masimo
MASI
| $297K | ﹤0.01% |
+2,000
| New | +$304K |
|
3545
Neuronetics
STIM
$130M
| $297K | ﹤0.01% |
35,808
-30,517
| -46% | -$333K |
|
3546
China Yuchai International
CYD
$1.74B
| $296K | ﹤0.01% |
22,918
+1,748
| +8% | +$24.2K |
|
|
HSII
3547
DELISTED
Heidrick & Struggles
HSII
| $296K | ﹤0.01% |
+10,849
| New | +$305K |
|
|
USX
3548
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
| $296K | ﹤0.01% |
+61,446
| New | +$280K |
|
3549
CALL
Avantor
AVTR
$8.48B
| $294K | ﹤0.01% |
+20,000
| New | +$339K |
|
|
INAP
3550
DELISTED
Internap Corporation
INAP
| $294K | ﹤0.01% |
114,300
-177,533
| -61% | -$463K |
|
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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.