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 | |
|---|---|---|---|---|---|---|
576
Viper Energy
VNOM
$8.81B
| $34.1M | 0.04% |
809,405
+317,836
| +65% | +$11.7M |
|
577
Affiliated Managers Group
AMG
$9.46B
| $34M | 0.04% |
248,946
-91,402
| -27% | -$13.5M |
|
578
KB Home
KBH
$3.48B
| $34M | 0.04% |
1,420,759
+1,258,987
| +778% | +$31.6M |
|
579
PUT
Edwards Lifesciences
EW
$47.6B
| $34M | 0.04% |
585,000
+285,000
| +95% | +$13.9M |
|
580
Ovintiv
OVV
$17.5B
| $33.9M | 0.04% |
517,492
-7,983
| -2% | -$517K |
|
581
Highwoods Properties
HIW
$3.71B
| $33.8M | 0.04% |
716,008
+195,953
| +38% | +$9.67M |
|
582
International Flavors & Fragrances
IFF
$19.4B
| $33.8M | 0.04% |
243,061
+229,632
| +1,710% | +$30.2M |
|
583
Allison Transmission
ALSN
$10.1B
| $33.8M | 0.04% |
649,152
-229,925
| -26% | -$10.8M |
|
584
Hershey
HSY
$35.4B
| $33.7M | 0.04% |
330,392
-132,043
| -29% | -$13.1M |
|
585
Sun Communities
SUI
$15B
| $33.5M | 0.04% |
330,236
-157,443
| -32% | -$15.7M |
|
|
CALY
586
Callaway Golf Company
CALY
$3.26B
| $33.5M | 0.04% |
1,378,209
-515,795
| -27% | -$11.1M |
|
|
LSXMK
587
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $33.5M | 0.04% |
1,010,881
-59,408
| -6% | -$2.11M |
|
588
Suncor Energy
SU
$77.7B
| $33.3M | 0.04% |
861,550
+287,820
| +50% | +$11.6M |
|
|
BNFT
589
DELISTED
Benefitfocus, Inc.
BNFT
| $33.3M | 0.04% |
824,015
+88,519
| +12% | +$3.4M |
|
|
COBZ
590
DELISTED
CoBiz Financial,Inc
COBZ
| $33.2M | 0.04% |
1,501,451
+1,353,985
| +918% | +$30.4M |
|
591
First American
FAF
$7.67B
| $33.2M | 0.04% |
642,967
-58,749
| -8% | -$3.22M |
|
592
OneMain Financial
OMF
$6.9B
| $33.1M | 0.04% |
984,811
+697,459
| +243% | +$24.4M |
|
593
Spectrum Brands
SPB
$2.04B
| $32.9M | 0.04% |
440,271
+134,053
| +44% | +$11.4M |
|
594
Raymond James Financial
RJF
$32.5B
| $32.9M | 0.04% |
535,754
-443,272
| -45% | -$27.3M |
|
595
Nomad Foods
NOMD
$1.64B
| $32.8M | 0.04% |
1,620,192
-39,463
| -2% | -$780K |
|
|
CHK
596
DELISTED
Chesapeake Energy Corporation
CHK
| $32.7M | 0.04% |
36,446
-11,513
| -24% | -$10.5M |
|
597
Tandem Diabetes Care
TNDM
$1.17B
| $32.6M | 0.04% |
761,000
+15,559
| +2% | +$543K |
|
|
ATSG
598
DELISTED
Air Transport Services Group
ATSG
| $32.6M | 0.04% |
1,516,973
+861,455
| +131% | +$18.8M |
|
599
BioMarin Pharmaceuticals
BMRN
$11.5B
| $32.5M | 0.04% |
334,842
-254,808
| -43% | -$25.4M |
|
600
MetLife
MET
$61B
| $32.4M | 0.04% |
694,106
+560,596
| +420% | +$25.6M |
|
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.