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 | Miscellaneous | 28.11% |
| 2 | Healthcare | 11.62% |
| 3 | Financials | 10.42% |
| 4 | Technology | 9.63% |
| 5 | Consumer Discretionary | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NVO
701
Novo Nordisk
NVO
$184B
| $22.7M | 0.04% |
876,410
-272,912
| -24% | -$6.9M |
|
702
CALL
Walmart Inc
WMT
$853B
| $22.6M | 0.04% |
+572,100
| New | +$21.6M |
|
|
CALY
703
Callaway Golf Company
CALY
$2.65B
| $22.6M | 0.04% |
1,164,645
+810,864
| +229% | +$14.7M |
|
704
Hyatt Hotels
H
$15B
| $22.5M | 0.04% |
306,063
+150,665
| +97% | +$11.4M |
|
|
WBS
705
DELISTED
Webster Financial
WBS
| $22.5M | 0.04% |
480,662
-109,431
| -19% | -$5.17M |
|
706
Advanced Micro Devices
AMD
$837B
| $22.5M | 0.04% |
776,449
+17,331
| +2% | +$543K |
|
707
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$47B
| $22.5M | 0.04% |
245,485
+240,810
| +5,151% | +$22M |
|
|
IBTX
708
DELISTED
Independent Bank Group, Inc.
IBTX
| $22.5M | 0.04% |
426,773
+312,164
| +272% | +$16.5M |
|
709
BioCryst Pharmaceuticals
BCRX
$2.15B
| $22.2M | 0.04% |
7,763,335
+667,038
| +9% | +$2.07M |
|
710
Icon
ICLR
$13.4B
| $22.2M | 0.04% |
150,840
-263,723
| -64% | -$40.5M |
|
|
AY
711
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $22.1M | 0.04% |
918,792
+389,152
| +73% | +$9.17M |
|
|
AZPN
712
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $22.1M | 0.03% |
179,458
+47,751
| +36% | +$5.88M |
|
|
FIT
713
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $22.1M | 0.03% |
5,792,122
+2,357,815
| +69% | +$8.77M |
|
714
AngloGold Ashanti
AU
$50.4B
| $21.9M | 0.03% |
1,198,702
+638,618
| +114% | +$12.7M |
|
|
OXFD
715
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $21.9M | 0.03% |
1,315,387
+197,364
| +18% | +$2.73M |
|
|
PRSP
716
DELISTED
Perspecta Inc. Common Stock
PRSP
| $21.9M | 0.03% |
837,064
+145,578
| +21% | +$3.56M |
|
717
Live Nation Entertainment
LYV
$39.9B
| $21.8M | 0.03% |
328,697
+10,474
| +3% | +$732K |
|
718
Spotify
SPOT
$113B
| $21.8M | 0.03% |
191,214
+63,129
| +49% | +$8.91M |
|
|
BOLD
719
DELISTED
Audentes Therapeutics, Inc
BOLD
| $21.7M | 0.03% |
773,279
+255,086
| +49% | +$8.71M |
|
720
Frontdoor
FTDR
$5.55B
| $21.7M | 0.03% |
446,343
-96,283
| -18% | -$4.65M |
|
721
Teledyne Technologies
TDY
$27.9B
| $21.7M | 0.03% |
67,290
+28,058
| +72% | +$8.38M |
|
722
CALL
Antero Resources
AR
$11B
| $21.6M | 0.03% |
7,157,600
| – | – |
|
723
PUT
Qualcomm
QCOM
$197B
| $21.6M | 0.03% |
282,900
+102,700
| +57% | +$7.73M |
|
724
Western Union
WU
$2.04B
| $21.6M | 0.03% |
930,543
-97,069
| -9% | -$2.1M |
|
725
LPL Financial
LPLA
$26.2B
| $21.5M | 0.03% |
263,075
+165,640
| +170% | +$13.3M |
|
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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 withdrew a net $4.18B in Q3 2019, closing 727 positions and reducing 1,651 holdings. Its most notable exit was Worldpay, Inc., an estimated $429M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 28% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in L3Harris worth $288M.
- 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.