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 | |
|---|---|---|---|---|---|---|
|
ORBK
601
DELISTED
Orbotech Ltd
ORBK
| $32.3M | 0.04% |
542,955
-339,055
| -38% | -$21.2M |
|
602
FedEx
FDX
$74.5B
| $32.3M | 0.04% |
133,996
-29,066
| -18% | -$7.04M |
|
|
HK
603
DELISTED
Halcon Resources Corporation
HK
| $32.1M | 0.04% |
+7,192,424
| New | +$30.2M |
|
604
Lincoln National
LNC
$7.91B
| $32.1M | 0.04% |
474,153
-1,172,429
| -71% | -$77.4M |
|
605
Glaukos
GKOS
$9.02B
| $32M | 0.04% |
+493,133
| New | +$24.2M |
|
|
HOME
606
DELISTED
At Home Group Inc.
HOME
| $32M | 0.04% |
1,014,747
+526,505
| +108% | +$18.6M |
|
|
BPFH
607
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $31.9M | 0.04% |
2,334,179
+695,791
| +42% | +$10.2M |
|
608
Harley-Davidson
HOG
$2.68B
| $31.8M | 0.04% |
+701,515
| New | +$30.4M |
|
609
HEICO Corp Class A
HEI.A
$35.4B
| $31.8M | 0.04% |
420,884
-23,517
| -5% | -$1.62M |
|
610
Fair Isaac
FICO
$28.7B
| $31.8M | 0.04% |
138,988
-53,116
| -28% | -$11.5M |
|
|
CPLG
611
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $31.8M | 0.04% |
1,633,017
+893,558
| +121% | +$20.6M |
|
612
Chipotle Mexican Grill
CMG
$40.8B
| $31.6M | 0.04% |
3,481,000
+3,267,200
| +1,528% | +$31.1M |
|
613
AstraZeneca
AZN
$263B
| $31.6M | 0.04% |
399,274
-22,688
| -5% | -$1.72M |
|
614
Synopsys
SNPS
$71.5B
| $31.5M | 0.04% |
319,796
-286,034
| -47% | -$27.3M |
|
615
Integer Holdings
ITGR
$3.35B
| $31.4M | 0.04% |
378,869
+104,441
| +38% | +$7.83M |
|
616
Webster Financial
WBS
$12.3B
| $31.4M | 0.04% |
532,379
+129,891
| +32% | +$8.45M |
|
|
CDK
617
DELISTED
CDK Global, Inc.
CDK
| $31.3M | 0.04% |
500,430
-347,675
| -41% | -$22M |
|
618
Smith & Wesson
SWBI
$655M
| $31.3M | 0.04% |
2,618,218
+861,798
| +49% | +$7.8M |
|
619
Idexx Laboratories
IDXX
$42.9B
| $31.2M | 0.04% |
125,006
-139,556
| -53% | -$33.9M |
|
|
WLL
620
DELISTED
Whiting Petroleum Corporation
WLL
| $31.1M | 0.04% |
7,814
-3,837
| -33% | -$14.1M |
|
|
CRZO
621
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $31.1M | 0.04% |
1,233,419
+1,092,383
| +775% | +$28.2M |
|
|
TMX
622
DELISTED
Terminix Global Holdings, Inc.
TMX
| $31M | 0.04% |
746,640
-33,808
| -4% | -$1.35M |
|
623
CALL
iShares Russell 2000 ETF
IWM
$79.8B
| $31M | 0.04% |
183,700
+67,500
| +58% | +$11.4M |
|
|
EGN
624
DELISTED
Energen
EGN
| $30.9M | 0.04% |
358,867
-25,541
| -7% | -$1.95M |
|
625
Equitable Holdings
EQH
$13.1B
| $30.8M | 0.04% |
1,435,832
-921,158
| -39% | -$20.2M |
|
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.