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 | |
|---|---|---|---|---|---|---|
401
Marvell Technology
MRVL
$174B
| $39.3M | 0.06% |
1,573,314
-313,925
| -17% | -$7.88M |
|
402
Western Alliance Bancorporation
WAL
$9.07B
| $39.2M | 0.06% |
850,101
-190,556
| -18% | -$8.6M |
|
403
PUT
AutoZone
AZO
$48.3B
| $39.2M | 0.06% |
36,100
+33,500
| +1,288% | +$37.5M |
|
404
Alexandria Real Estate Equities
ARE
$8.88B
| $38.9M | 0.06% |
252,735
-602,879
| -70% | -$89.1M |
|
405
iShares Biotechnology ETF
IBB
$9.31B
| $38.9M | 0.06% |
391,066
+84,841
| +28% | +$8.88M |
|
406
Public Service Enterprise Group
PEG
$39.8B
| $38.8M | 0.06% |
625,620
-941,139
| -60% | -$56.2M |
|
407
PUT
Charter Communications
CHTR
$14.7B
| $38.8M | 0.06% |
94,200
-5,200
| -5% | -$2.1M |
|
408
Atmos Energy
ATO
$29.9B
| $38.8M | 0.06% |
340,306
+68,009
| +25% | +$7.43M |
|
409
CF Industries
CF
$19.2B
| $38.7M | 0.06% |
786,432
+163,627
| +26% | +$7.93M |
|
|
CXO
410
DELISTED
CONCHO RESOURCES INC.
CXO
| $38.5M | 0.06% |
567,100
+421,999
| +291% | +$34.3M |
|
411
Take-Two Interactive
TTWO
$43B
| $38.3M | 0.06% |
305,667
+227,738
| +292% | +$28.4M |
|
412
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$21.9B
| $38.3M | 0.06% |
773,200
+700,000
| +956% | +$35M |
|
413
Healthpeak Properties
DOC
$15.4B
| $38.3M | 0.06% |
1,074,294
+410,969
| +62% | +$13.9M |
|
414
Donaldson
DCI
$10.8B
| $38.3M | 0.06% |
734,664
+565,759
| +335% | +$28M |
|
415
LGI Homes
LGIH
$1.4B
| $38M | 0.06% |
456,511
+312,154
| +216% | +$23.9M |
|
416
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$42.1B
| $37.9M | 0.06% |
420,200
+203,300
| +94% | +$18.6M |
|
417
Hilton Worldwide
HLT
$74B
| $37.8M | 0.06% |
406,119
-46,124
| -10% | -$4.38M |
|
418
Dominion Energy
D
$62.5B
| $37.8M | 0.06% |
466,391
-349,689
| -43% | -$27M |
|
419
iShares MSCI Brazil ETF
EWZ
$9.05B
| $37.7M | 0.06% |
895,886
+173,717
| +24% | +$7.49M |
|
420
Salesforce
CRM
$134B
| $37.5M | 0.06% |
252,864
+251,355
| +16,657% | +$38.2M |
|
421
CALL
Johnson & Johnson
JNJ
$635B
| $37.5M | 0.06% |
290,100
-57,100
| -16% | -$7.52M |
|
422
Essential Utilities
WTRG
$11.2B
| $37.5M | 0.06% |
836,521
-130,582
| -14% | -$5.61M |
|
423
Dell
DELL
$283B
| $37.4M | 0.06% |
1,424,180
-929,062
| -39% | -$24.6M |
|
424
Kraft Heinz
KHC
$30.4B
| $37.3M | 0.06% |
1,336,875
-164,228
| -11% | -$4.73M |
|
425
Helmerich & Payne
HP
$3.53B
| $37.3M | 0.06% |
931,286
+769,052
| +474% | +$33.9M |
|
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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.