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 | |
|---|---|---|---|---|---|---|
|
LADR
801
Ladder Capital
LADR
$1.24B
| $19.3M | 0.03% |
1,114,900
-122,753
| -10% | -$2.08M |
|
|
ZGNX
802
CALL
DELISTED
Zogenix, Inc.
ZGNX
| $19.2M | 0.03% |
+480,000
| New | +$22.1M |
|
|
ALE
803
DELISTED
Allete
ALE
| $19.1M | 0.03% |
218,805
+190,329
| +668% | +$16.4M |
|
804
Arbor Realty Trust
ABR
$977M
| $19.1M | 0.03% |
1,458,422
-422,492
| -22% | -$5.28M |
|
|
CBAY
805
DELISTED
Cymabay Therapeutics
CBAY
| $19.1M | 0.03% |
3,723,797
+740,380
| +25% | +$4.48M |
|
806
Accenture
ACN
$94.3B
| $19.1M | 0.03% |
99,098
-34,108
| -26% | -$6.6M |
|
|
IVC
807
DELISTED
Invacare Corporation
IVC
| $19M | 0.03% |
2,536,931
+868,617
| +52% | +$4.87M |
|
808
NorthWestern Energy
NWE
$4.44B
| $19M | 0.03% |
252,659
+188,634
| +295% | +$13.6M |
|
809
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.6B
| $18.9M | 0.03% |
313,554
+29,230
| +10% | +$1.76M |
|
810
Valmont Industries
VMI
$9.61B
| $18.9M | 0.03% |
136,513
+22,426
| +20% | +$3.01M |
|
811
Oshkosh
OSK
$9.66B
| $18.9M | 0.03% |
248,991
+241,782
| +3,354% | +$18.5M |
|
812
Peloton Interactive
PTON
$2.71B
| $18.9M | 0.03% |
+751,408
| New | +$19.1M |
|
813
PUT
Martin Marietta Materials
MLM
$34.3B
| $18.9M | 0.03% |
+68,800
| New | +$17M |
|
|
WW
814
PUT
DELISTED
WW International
WW
| $18.8M | 0.03% |
+497,700
| New | +$14.1M |
|
815
CALL
iShares MSCI Brazil ETF
EWZ
$9.08B
| $18.8M | 0.03% |
446,500
+402,000
| +903% | +$17.3M |
|
|
PACW
816
DELISTED
PacWest Bancorp
PACW
| $18.8M | 0.03% |
516,145
+305,108
| +145% | +$11M |
|
|
VVNT
817
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $18.7M | 0.03% |
1,814,432
+1,650,432
| +1,006% | +$16.9M |
|
818
Reliance Steel & Aluminium
RS
$20.6B
| $18.7M | 0.03% |
187,837
+84,901
| +82% | +$8.29M |
|
|
LK
819
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
| $18.6M | 0.03% |
980,460
+744,842
| +316% | +$15.8M |
|
820
State Street SPDR S&P Biotech ETF
XBI
$10.2B
| $18.6M | 0.03% |
244,227
+224,519
| +1,139% | +$18.7M |
|
|
BPYU
821
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $18.6M | 0.03% |
913,189
-460,554
| -34% | -$8.89M |
|
822
SEI Investments
SEIC
$12.2B
| $18.6M | 0.03% |
313,752
+60,043
| +24% | +$3.47M |
|
823
ICICI Bank
IBN
$107B
| $18.6M | 0.03% |
1,525,486
+1,261,291
| +477% | +$14.8M |
|
824
Terreno Realty
TRNO
$7.72B
| $18.6M | 0.03% |
363,495
-115,352
| -24% | -$5.77M |
|
825
Watsco Inc
WSO
$15B
| $18.6M | 0.03% |
109,721
+2,566
| +2% | +$416K |
|
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.