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 |
Keurig Dr Pepper
KDP
|
+$870M |
| 2 |
Amazon
AMZN
|
+$319M |
| 3 |
Automatic Data Processing
ADP
|
+$216M |
| 4 |
Evergy
EVRG
|
+$214M |
| 5 |
Chevron
CVX
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$296M |
| 2 |
Mondelez International
MDLZ
|
+$235M |
| 3 |
Abbott
ABT
|
+$229M |
| 4 |
Lam Research
LRCX
|
+$189M |
| 5 |
American International
AIG
|
+$170M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.4% |
| 2 | Technology | 12.15% |
| 3 | Healthcare | 11.42% |
| 4 | Consumer Discretionary | 9.57% |
| 5 | Industrials | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AIV
426
Aimco
AIV
$384M
| $48.3M | 0.06% |
8,570,804
-364,733
| -4% | -$1.98M |
|
427
Zoetis
ZTS
$32.2B
| $48.2M | 0.06% |
565,598
-1,629,180
| -74% | -$138M |
|
428
CNX Resources
CNX
$4.94B
| $48M | 0.06% |
2,702,411
-2,160,484
| -44% | -$34.7M |
|
429
Molina Healthcare
MOH
$10.2B
| $48M | 0.06% |
+490,543
| New | +$42.8M |
|
430
PNC Financial Services
PNC
$99.8B
| $47.8M | 0.06% |
354,139
+300,255
| +557% | +$43.8M |
|
431
Sun Communities
SUI
$15.2B
| $47.7M | 0.06% |
487,679
-253,047
| -34% | -$23.8M |
|
432
PUT
SolarEdge
SEDG
$2.51B
| $47.7M | 0.06% |
+997,200
| New | +$55.2M |
|
|
ULTI
433
DELISTED
Ultimate Software Group Inc
ULTI
| $47.5M | 0.06% |
184,772
+164,980
| +834% | +$42.3M |
|
434
Marvell Technology
MRVL
$172B
| $47.5M | 0.06% |
2,214,052
+1,022,883
| +86% | +$21.8M |
|
435
Vanguard Extended Market ETF
VXF
$30.3B
| $46.6M | 0.06% |
395,642
+323,802
| +451% | +$37.6M |
|
|
VTLE
436
DELISTED
Vital Energy
VTLE
| $46.6M | 0.06% |
242,110
-149,205
| -38% | -$28M |
|
|
FITB
437
Fifth Third Bancorp
FITB
$51.4B
| $46.6M | 0.06% |
1,622,956
+1,409,021
| +659% | +$44.7M |
|
|
RSPP
438
DELISTED
RSP Permian, Inc.
RSPP
| $46.4M | 0.06% |
1,054,966
-3,211,628
| -75% | -$145M |
|
439
SBA Communications
SBAC
$18.9B
| $46.3M | 0.06% |
280,359
-275,317
| -50% | -$44.4M |
|
440
Integra LifeSciences
IART
$1.28B
| $46.3M | 0.06% |
+718,261
| New | +$44.5M |
|
|
TFCFA
441
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $46.2M | 0.06% |
929,836
+321,968
| +53% | +$12.7M |
|
|
GRUB
442
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $46.1M | 0.06% |
+219,723
| New | +$45.5M |
|
443
BGC Group
BGC
$5.57B
| $46.1M | 0.06% |
6,328,214
-3,124,656
| -33% | -$25M |
|
|
WLL
444
DELISTED
Whiting Petroleum Corporation
WLL
| $46.1M | 0.06% |
11,651
-16,761
| -59% | -$57.9M |
|
445
First Interstate BancSystem
FIBK
$3.71B
| $45.9M | 0.06% |
1,087,515
+161,679
| +17% | +$6.79M |
|
446
Paycom
PAYC
$7.54B
| $45.7M | 0.06% |
+462,692
| New | +$49.9M |
|
447
Crown Holdings
CCK
$12.8B
| $45.7M | 0.06% |
1,020,489
-189,056
| -16% | -$8.86M |
|
448
Insulet
PODD
$11.5B
| $45.6M | 0.06% |
532,109
+256,608
| +93% | +$23M |
|
449
Packaging Corp of America
PKG
$21.9B
| $45.5M | 0.06% |
407,319
-705,987
| -63% | -$82.4M |
|
|
MGP
450
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $45.4M | 0.06% |
1,489,421
-766,034
| -34% | -$22.1M |
|
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Millennium Management's Q2 2018 Portfolio in Review
As of Q2 2018, Millennium Management held 4,494 positions worth $76.7B, up 2.3% from $74.9B the previous quarter. Its ten largest holdings account for 7.3% of the portfolio.
Millennium Management's Q2 2018 filing shows 911 new, 1,261 increased, 1,542 reduced and 746 closed positions. Its largest new stake was Evergy: 3,989,462 shares worth $224M. The largest sale was Bank of America, an estimated $296M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
- Millennium Management's largest Q2 2018 buy was Evergy: 3,989,462 shares worth $224M.
- Millennium Management added most to Keurig Dr Pepper in Q2 2018, an estimated $870M increase.
- Millennium Management's biggest Q2 2018 reduction was Bank of America, cutting an estimated $296M.
- Millennium Management fully exited American International in Q2 2018, selling an estimated $170M.
- Millennium Management's ten largest holdings make up 7.3% of its $76.7B portfolio in Q2 2018.
- Millennium Management opened 911 new positions and closed 746 in Q2 2018.
- Millennium Management's portfolio value rose 2.3% quarter-over-quarter to $76.7B.
Based on Millennium Management's 13F filing for Q2 2018, filed 14 Aug 2018.