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 | |
|---|---|---|---|---|---|---|
476
AvalonBay Communities
AVB
$26.6B
| $42.7M | 0.06% |
248,176
+239,222
| +2,672% | +$39.5M |
|
477
United Rentals
URI
$67.3B
| $42.6M | 0.06% |
288,808
+90,458
| +46% | +$14.8M |
|
478
Hilltop Holdings
HTH
$2.25B
| $42.6M | 0.06% |
1,929,620
+1,317,402
| +215% | +$30.7M |
|
|
INXN
479
DELISTED
Interxion Holding N.V.
INXN
| $42.5M | 0.06% |
681,533
-325,414
| -32% | -$20.8M |
|
480
KLA
KLAC
$243B
| $42.1M | 0.05% |
4,106,730
-1,202,830
| -23% | -$13.1M |
|
481
Seagate
STX
$196B
| $42.1M | 0.05% |
745,150
+468,068
| +169% | +$27.1M |
|
482
Dover
DOV
$27.6B
| $42M | 0.05% |
574,383
-592,618
| -51% | -$45.3M |
|
483
NiSource
NI
$21.4B
| $41.9M | 0.05% |
1,595,126
+979,679
| +159% | +$24M |
|
484
Landstar System
LSTR
$5.92B
| $41.9M | 0.05% |
383,508
-147,945
| -28% | -$16.3M |
|
485
Zebra Technologies
ZBRA
$13.9B
| $41.8M | 0.05% |
291,632
-74,362
| -20% | -$11M |
|
486
Hewlett Packard
HPE
$63.3B
| $41.8M | 0.05% |
2,857,905
-966,121
| -25% | -$16M |
|
487
Century Communities
CCS
$1.92B
| $41.8M | 0.05% |
1,323,303
+232,059
| +21% | +$7.12M |
|
488
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $41.7M | 0.05% |
500,020
+69,677
| +16% | +$5.8M |
|
|
TXNM
489
TXNM Energy Inc
TXNM
$6.41B
| $41.5M | 0.05% |
1,067,063
+214,977
| +25% | +$8.23M |
|
|
ALE
490
DELISTED
Allete
ALE
| $41.5M | 0.05% |
535,829
+247,338
| +86% | +$18.5M |
|
|
UNVR
491
DELISTED
Univar Solutions Inc.
UNVR
| $41.4M | 0.05% |
1,576,688
+836,522
| +113% | +$23.1M |
|
492
Urban Outfitters
URBN
$6.39B
| $41.3M | 0.05% |
926,848
-115,572
| -11% | -$4.83M |
|
|
MRC
493
DELISTED
MRC Global
MRC
| $41.2M | 0.05% |
1,902,996
-335,385
| -15% | -$6.62M |
|
494
AutoZone
AZO
$49.5B
| $41.2M | 0.05% |
61,381
-215,161
| -78% | -$139M |
|
|
ACC
495
DELISTED
American Campus Communities, Inc.
ACC
| $41M | 0.05% |
956,152
+245,765
| +35% | +$9.83M |
|
496
Brookdale Senior Living
BKD
$3.47B
| $40.9M | 0.05% |
4,503,542
+2,197,056
| +95% | +$17M |
|
497
CALL
Spectrum Brands
SPB
$2.04B
| $40.8M | 0.05% |
500,000
| – | – |
|
498
Lumentum
LITE
$56.6B
| $40.7M | 0.05% |
703,422
+647,322
| +1,154% | +$38.6M |
|
499
CALL
Caterpillar
CAT
$378B
| $40.7M | 0.05% |
300,000
+200,000
| +200% | +$29.9M |
|
500
Tyson Foods
TSN
$20.9B
| $40.7M | 0.05% |
591,037
-477,549
| -45% | -$33.2M |
|
Similar funds
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.