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 | |
|---|---|---|---|---|---|---|
851
Freeport-McMoran
FCX
$90.2B
| $17.9M | 0.03% |
1,868,869
-1,946,100
| -51% | -$20M |
|
852
Applied Industrial Technologies
AIT
$12.9B
| $17.9M | 0.03% |
314,735
+181,280
| +136% | +$10.2M |
|
853
PUT
UnitedHealth
UNH
$379B
| $17.9M | 0.03% |
82,200
-43,300
| -35% | -$10.4M |
|
854
Antero Resources
AR
$10.5B
| $17.8M | 0.03% |
5,885,202
+654,402
| +13% | +$2.67M |
|
|
QTS
855
DELISTED
QTS REALTY TRUST, INC.
QTS
| $17.7M | 0.03% |
345,015
+171,510
| +99% | +$8.16M |
|
856
Lyft
LYFT
$5.73B
| $17.7M | 0.03% |
433,481
-40,818
| -9% | -$2.23M |
|
857
Teradata
TDC
$2.8B
| $17.7M | 0.03% |
569,709
-144,379
| -20% | -$4.87M |
|
|
IPG
858
DELISTED
Interpublic Group of Companies
IPG
| $17.6M | 0.03% |
817,108
-417,094
| -34% | -$9.01M |
|
859
InterDigital
IDCC
$6.7B
| $17.6M | 0.03% |
335,608
+86,290
| +35% | +$4.88M |
|
860
National Beverage
FIZZ
$2.93B
| $17.6M | 0.03% |
793,774
-108,536
| -12% | -$2.34M |
|
861
Funko
FNKO
$342M
| $17.6M | 0.03% |
854,917
+444,317
| +108% | +$10.3M |
|
862
Teck Resources
TECK
$29.3B
| $17.6M | 0.03% |
1,083,480
-225,882
| -17% | -$4.27M |
|
|
HR
863
DELISTED
Healthcare Realty Trust Incorporated
HR
| $17.6M | 0.03% |
524,013
+515,198
| +5,845% | +$16.9M |
|
864
PUT
Oracle
ORCL
$345B
| $17.5M | 0.03% |
318,800
+87,000
| +38% | +$4.81M |
|
865
Vishay Intertechnology
VSH
$5.7B
| $17.5M | 0.03% |
1,035,450
+468,783
| +83% | +$7.69M |
|
866
CALL
Goldman Sachs
GS
$309B
| $17.5M | 0.03% |
84,500
+82,000
| +3,280% | +$17.1M |
|
867
Alnylam Pharmaceuticals
ALNY
$37.2B
| $17.5M | 0.03% |
217,224
+63,166
| +41% | +$5M |
|
868
CALL
Citigroup
C
$223B
| $17.5M | 0.03% |
+252,800
| New | +$17.2M |
|
869
iShares MSCI Japan ETF
EWJ
$21.7B
| $17.5M | 0.03% |
307,697
+188,007
| +157% | +$10.3M |
|
870
PUT
First Solar
FSLR
$22.1B
| $17.4M | 0.03% |
300,000
+150,000
| +100% | +$9.61M |
|
871
Valvoline
VVV
$5.05B
| $17.4M | 0.03% |
+789,647
| New | +$16.9M |
|
|
AUTL
872
Autolus Therapeutics
AUTL
$389M
| $17.3M | 0.03% |
1,396,142
+628,306
| +82% | +$8.3M |
|
873
nVent Electric
NVT
$24.1B
| $17.3M | 0.03% |
786,572
-202,951
| -21% | -$4.56M |
|
874
CALL
State Street SPDR S&P Retail ETF
XRT
$448M
| $17.3M | 0.03% |
408,400
+75,500
| +23% | +$3.13M |
|
875
e.l.f. Beauty
ELF
$4.95B
| $17.3M | 0.03% |
987,682
-492,101
| -33% | -$8.21M |
|
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.