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 |
Fortive
FTV
|
+$1.39B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1B |
| 3 |
Citigroup
C
|
+$332M |
| 4 |
Apple
AAPL
|
+$307M |
| 5 |
Oracle
ORCL
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$579M |
| 2 |
Electronic Arts
EA
|
+$233M |
| 3 |
Keurig Dr Pepper
KDP
|
+$215M |
| 4 |
APC
Anadarko Petroleum
APC
|
+$206M |
| 5 |
XL
XL Group Ltd.
XL
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.4% |
| 2 | Financials | 12.54% |
| 3 | Healthcare | 11.73% |
| 4 | Consumer Discretionary | 9.48% |
| 5 | Industrials | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Lam Research
LRCX
$365B
| $43M | 0.05% |
2,833,740
+1,059,080
| +60% | +$18.1M |
|
477
SBA Communications
SBAC
$18.3B
| $42.9M | 0.05% |
267,350
-13,009
| -5% | -$2.07M |
|
|
BKI
478
DELISTED
Black Knight, Inc. Common Stock
BKI
| $42.7M | 0.05% |
822,498
+83,433
| +11% | +$4.47M |
|
479
Regeneron Pharmaceuticals
REGN
$69.9B
| $42.7M | 0.05% |
105,589
+32,674
| +45% | +$12.4M |
|
480
East-West Bancorp
EWBC
$17.8B
| $42.4M | 0.05% |
702,672
+648,077
| +1,187% | +$41.6M |
|
481
STAAR Surgical
STAA
$1.14B
| $42.4M | 0.05% |
882,493
+294,892
| +50% | +$12.1M |
|
|
ZAYO
482
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $42M | 0.05% |
1,208,653
+623,802
| +107% | +$22.8M |
|
|
FTSI
483
DELISTED
FTS International, Inc. Common Stock
FTSI
| $42M | 0.05% |
177,956
+113,340
| +175% | +$27M |
|
484
PUT
Wabtec
WAB
$50.8B
| $42M | 0.05% |
400,000
+345,200
| +630% | +$37.2M |
|
485
Louisiana-Pacific
LPX
$5.19B
| $41.8M | 0.05% |
1,577,967
-3,137,908
| -67% | -$89.4M |
|
486
FerroAtlántica
GSM
$617M
| $41.7M | 0.05% |
5,107,257
-1,732,730
| -25% | -$13.9M |
|
|
ENDP
487
DELISTED
Endo International plc
ENDP
| $41.7M | 0.05% |
2,479,080
+707,276
| +40% | +$10M |
|
|
EXAS
488
DELISTED
Exact Sciences
EXAS
| $41.4M | 0.05% |
525,133
-413,963
| -44% | -$27M |
|
|
AZPN
489
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $41.4M | 0.05% |
363,684
-218,205
| -37% | -$24.9M |
|
490
PUT
Broadcom
AVGO
$1.82T
| $41.4M | 0.05% |
1,677,000
+274,000
| +20% | +$6.14M |
|
|
FITB
491
Fifth Third Bancorp
FITB
$51.7B
| $41M | 0.05% |
1,469,361
-153,595
| -9% | -$4.51M |
|
|
DFS
492
DELISTED
Discover Financial Services
DFS
| $41M | 0.05% |
535,731
-728,238
| -58% | -$54.8M |
|
493
Lamb Weston
LW
$7.3B
| $40.9M | 0.05% |
614,584
-255,283
| -29% | -$17.5M |
|
494
Herbalife
HLF
$1.26B
| $40.9M | 0.05% |
749,529
-214,905
| -22% | -$11.9M |
|
495
Citizens Financial Group
CFG
$30.1B
| $40.8M | 0.05% |
1,059,060
-1,481,185
| -58% | -$59.7M |
|
|
NAV
496
DELISTED
Navistar International
NAV
| $40.7M | 0.05% |
1,058,401
+349,443
| +49% | +$14.6M |
|
497
GrafTech
EAF
$203M
| $40.7M | 0.05% |
208,522
-131,830
| -39% | -$24.9M |
|
498
Crown Castle
CCI
$32.4B
| $40.7M | 0.05% |
365,348
+266,341
| +269% | +$29.7M |
|
499
Hasbro
HAS
$12.8B
| $40.4M | 0.05% |
+384,507
| New | +$38.5M |
|
500
Cboe Global Markets
CBOE
$30.2B
| $40.4M | 0.05% |
421,069
-86,772
| -17% | -$8.75M |
|
Similar funds
Millennium Management's Q3 2018 Portfolio in Review
As of Q3 2018, Millennium Management held 4,590 positions worth $81.6B, up 6.4% from $76.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Millennium Management's Q3 2018 filing shows 841 new, 1,291 increased, 1,638 reduced and 748 closed positions. Its largest new stake was Fortive: 27,116,929 shares worth $1.44B. The largest sale was Altaba Inc, an estimated $579M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q3 2018 buy was Fortive: 27,116,929 shares worth $1.44B.
- Millennium Management added most to Andeavor in Q3 2018, an estimated $1B increase.
- Millennium Management's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $579M.
- Millennium Management fully exited XL Group Ltd. in Q3 2018, selling an estimated $190M.
- Millennium Management's ten largest holdings make up 10% of its $81.6B portfolio in Q3 2018.
- Millennium Management opened 841 new positions and closed 748 in Q3 2018.
- Millennium Management's portfolio value rose 6.4% quarter-over-quarter to $81.6B.
Based on Millennium Management's 13F filing for Q3 2018, filed 14 Nov 2018.