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 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.82% |
| 2 | Financials | 10.34% |
| 3 | Technology | 9.47% |
| 4 | Consumer Discretionary | 8.69% |
| 5 | Industrials | 8.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
PUT
iShares China Large-Cap ETF
FXI
$4.22B
| $24.3M | 0.04% |
609,300
-1,300,000
| -68% | -$52.7M |
|
652
HP
HPQ
$24.1B
| $24.2M | 0.04% |
1,280,184
-142,761
| -10% | -$2.8M |
|
653
Canadian Natural Resources
CNQ
$93.8B
| $24.2M | 0.04% |
1,856,352
-4,379,205
| -70% | -$54.3M |
|
654
BorgWarner
BWA
$12.9B
| $24.2M | 0.04% |
748,379
-138,937
| -16% | -$4.47M |
|
655
PUT
Clorox
CLX
$11.7B
| $24.1M | 0.04% |
158,900
+150,200
| +1,726% | +$23.7M |
|
656
CALL
Range Resources
RRC
$9B
| $24.1M | 0.04% |
6,310,100
| – | – |
|
657
PUT
Nike
NKE
$62.5B
| $24.1M | 0.04% |
256,500
+250,500
| +4,175% | +$21.5M |
|
|
PFPT
658
DELISTED
Proofpoint, Inc.
PFPT
| $24.1M | 0.04% |
186,604
-30,537
| -14% | -$3.74M |
|
659
Hershey
HSY
$36.5B
| $24M | 0.04% |
155,045
+55,832
| +56% | +$8.43M |
|
660
FNB Corp
FNB
$6.74B
| $24M | 0.04% |
2,080,619
+1,911,862
| +1,133% | +$21.6M |
|
661
iRhythm Holdings
IRTC
$3.7B
| $24M | 0.04% |
323,636
-265,661
| -45% | -$20.6M |
|
662
RH
RH
$3.41B
| $24M | 0.04% |
140,325
-263,569
| -65% | -$37.5M |
|
663
Hexcel
HXL
$8.24B
| $23.9M | 0.04% |
291,229
+47,914
| +20% | +$3.91M |
|
|
CPAAU
664
DELISTED
Conyers Park II Acquisition Corp. Unit
CPAAU
| $23.9M | 0.04% |
+2,250,000
| New | +$23.4M |
|
665
Intercontinental Exchange
ICE
$83.6B
| $23.9M | 0.04% |
258,483
-393,594
| -60% | -$35.9M |
|
666
Manhattan Associates
MANH
$9.65B
| $23.8M | 0.04% |
295,213
+188,758
| +177% | +$15.1M |
|
667
Yum! Brands
YUM
$40.9B
| $23.8M | 0.04% |
209,880
+207,885
| +10,420% | +$23.8M |
|
668
PUT
Autodesk
ADSK
$47.8B
| $23.8M | 0.04% |
161,100
+17,800
| +12% | +$2.77M |
|
669
Philip Morris
PM
$305B
| $23.7M | 0.04% |
311,543
+274,592
| +743% | +$21.8M |
|
|
MRO
670
DELISTED
Marathon Oil Corporation
MRO
| $23.7M | 0.04% |
1,927,634
+1,777,836
| +1,187% | +$23M |
|
671
Steris
STE
$21.3B
| $23.6M | 0.04% |
163,627
+155,334
| +1,873% | +$23.2M |
|
672
PUT
JD.com
JD
$41.6B
| $23.6M | 0.04% |
837,300
+508,800
| +155% | +$15.4M |
|
673
Melco Resorts & Entertainment
MLCO
$2.16B
| $23.6M | 0.04% |
1,216,376
+120,538
| +11% | +$2.62M |
|
674
Helix Energy Solutions
HLX
$1.44B
| $23.6M | 0.04% |
2,926,428
-3,319,177
| -53% | -$26.8M |
|
675
LivaNova
LIVN
$4.39B
| $23.5M | 0.04% |
318,391
+255,321
| +405% | +$19.7M |
|
Similar funds
Millennium Management's Q3 2019 Portfolio in Review
As of Q3 2019, Millennium Management held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Millennium Management's Q3 2019 filing shows 843 new, 1,522 increased, 1,651 reduced and 727 closed positions. Its largest new stake was L3Harris: 1,378,220 shares worth $288M. The largest sale was LyondellBasell Industries, an estimated $441M.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, down from 12% a quarter earlier, followed by Financials and Technology.
- Millennium Management's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Millennium Management added most to Ameren in Q3 2019, an estimated $239M increase.
- Millennium Management's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Millennium Management fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Millennium Management's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Millennium Management opened 843 new positions and closed 727 in Q3 2019.
- Millennium Management's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.