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 | |
|---|---|---|---|---|---|---|
501
Mastercard
MA
$477B
| $40.3M | 0.05% |
181,193
-492,272
| -73% | -$103M |
|
|
KLXI
502
DELISTED
KLX Inc.
KLXI
| $40.1M | 0.05% |
638,001
+584,393
| +1,090% | +$36M |
|
503
Warrior Met Coal
HCC
$4.23B
| $40M | 0.05% |
1,480,067
-698,475
| -32% | -$17.8M |
|
504
HF Sinclair
DINO
$15.9B
| $40M | 0.05% |
572,392
-1,576,254
| -73% | -$111M |
|
505
Gentex
GNTX
$4.88B
| $39.6M | 0.05% |
1,844,818
-594,687
| -24% | -$13.8M |
|
506
Ulta Beauty
ULTA
$20.4B
| $39.5M | 0.05% |
139,919
-157,277
| -53% | -$40.1M |
|
507
Arthur J. Gallagher & Co
AJG
$63.7B
| $39.2M | 0.05% |
525,955
-1,504,194
| -74% | -$108M |
|
508
Exelixis
EXEL
$13.9B
| $39M | 0.05% |
2,202,840
+1,659,077
| +305% | +$32.4M |
|
509
Boston Properties
BXP
$11B
| $38.9M | 0.05% |
+315,749
| New | +$40.2M |
|
|
PARA
510
DELISTED
Paramount Global Class B
PARA
| $38.9M | 0.05% |
676,495
-938,283
| -58% | -$51.8M |
|
511
Hilltop Holdings
HTH
$2.29B
| $38.8M | 0.05% |
1,922,242
-7,378
| -0.4% | -$156K |
|
512
Travelers Companies
TRV
$80.8B
| $38.7M | 0.05% |
298,034
-302,859
| -50% | -$39.1M |
|
513
Avnet
AVT
$7.33B
| $38.6M | 0.05% |
863,233
+850,864
| +6,879% | +$39M |
|
514
LKQ Corp
LKQ
$6.58B
| $38.5M | 0.05% |
1,216,762
+282,765
| +30% | +$9.4M |
|
|
RDUS
515
DELISTED
Radius Health, Inc.
RDUS
| $38.5M | 0.05% |
2,161,624
+1,695,068
| +363% | +$38.3M |
|
|
FL
516
DELISTED
Foot Locker
FL
| $38.3M | 0.05% |
751,482
-1,480,913
| -66% | -$73.4M |
|
|
VAR
517
DELISTED
Varian Medical Systems, Inc.
VAR
| $38.2M | 0.05% |
340,880
-185,741
| -35% | -$21M |
|
518
Cleveland-Cliffs
CLF
$6.81B
| $38.1M | 0.05% |
3,013,134
+478,879
| +19% | +$4.93M |
|
|
MOMO
519
Hello Group
MOMO
$869M
| $38.1M | 0.05% |
870,471
+854,065
| +5,206% | +$37.4M |
|
520
Petrobras Class A
PBR.A
$107B
| $38.1M | 0.05% |
3,643,338
+1,347,612
| +59% | +$13.1M |
|
521
Darden Restaurants
DRI
$22.5B
| $38M | 0.05% |
342,032
-945,433
| -73% | -$107M |
|
522
American Electric Power
AEP
$73.7B
| $37.9M | 0.05% |
534,070
-1,498,346
| -74% | -$107M |
|
523
Whirlpool
WHR
$2.42B
| $37.8M | 0.05% |
318,423
+233,388
| +274% | +$30.9M |
|
|
524
PUT
Apple
AAPL
$4.89T
| $37.7M | 0.05% |
667,600
-174,800
| -21% | -$9.1M |
|
525
State Street Financial Select Sector SPDR ETF
XLF
$56.1B
| $37.7M | 0.05% |
1,365,161
+390,057
| +40% | +$10.9M |
|
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.