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 | |
|---|---|---|---|---|---|---|
901
Inogen
INGN
$136M
| $16.7M | 0.03% |
347,613
+225,321
| +184% | +$11.8M |
|
902
Vanguard Short-Term Bond ETF
BSV
$46.1B
| $16.6M | 0.03% |
206,090
+60,090
| +41% | +$4.85M |
|
903
Credicorp
BAP
$30.3B
| $16.6M | 0.03% |
79,635
-25,703
| -24% | -$5.57M |
|
904
Universal Display
OLED
$3.51B
| $16.6M | 0.03% |
+98,712
| New | +$19.7M |
|
|
SRCL
905
CALL
DELISTED
Stericycle Inc
SRCL
| $16.6M | 0.03% |
+325,000
| New | +$15.1M |
|
|
SNBR
906
DELISTED
Sleep Number
SNBR
| $16.5M | 0.03% |
399,298
+329,299
| +470% | +$14.1M |
|
907
Tesla
TSLA
$1.41T
| $16.5M | 0.03% |
+1,027,005
| New | +$16.1M |
|
908
LKQ Corp
LKQ
$5.82B
| $16.5M | 0.03% |
523,394
-1,593,773
| -75% | -$43.6M |
|
909
Palo Alto Networks
PANW
$307B
| $16.4M | 0.03% |
482,562
+284,886
| +144% | +$10.1M |
|
|
ETRN
910
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $16.4M | 0.03% |
1,126,663
+499,393
| +80% | +$7.68M |
|
911
Republic Services
RSG
$67.3B
| $16.4M | 0.03% |
189,211
+162,014
| +596% | +$14.2M |
|
912
Merit Medical Systems
MMSI
$5.14B
| $16.4M | 0.03% |
537,053
-79,666
| -13% | -$3.22M |
|
913
PUT
Dominion Energy
D
$55.9B
| $16.3M | 0.03% |
+201,500
| New | +$15.6M |
|
914
Nasdaq
NDAQ
$49.6B
| $16.3M | 0.03% |
491,682
+465,495
| +1,778% | +$15.5M |
|
915
Perdoceo Education
PRDO
$2.08B
| $16.3M | 0.03% |
1,024,596
+419,098
| +69% | +$8.22M |
|
|
VMRK
916
Vivmark Residential
VMRK
$48.7B
| $16.3M | 0.03% |
188,595
-130,979
| -41% | -$10.7M |
|
917
Cognizant
CTSH
$27.9B
| $16.2M | 0.03% |
269,541
-7,089
| -3% | -$448K |
|
918
Fomento Económico Mexicano
FMX
$41.2B
| $16.2M | 0.03% |
177,347
-52,894
| -23% | -$4.88M |
|
919
CALL
Home Depot
HD
$302B
| $16.2M | 0.03% |
70,000
+19,000
| +37% | +$4.15M |
|
920
Qualys
QLYS
$6.33B
| $16.2M | 0.03% |
214,814
+46,611
| +28% | +$3.88M |
|
|
MFA
921
MFA Financial
MFA
$854M
| $16.2M | 0.03% |
551,028
+426,778
| +343% | +$12.4M |
|
922
John Wiley & Sons Class A
WLY
$2.51B
| $16.2M | 0.03% |
368,696
-96,786
| -21% | -$4.32M |
|
923
OSI Systems
OSIS
$3.22B
| $16.2M | 0.03% |
+159,501
| New | +$17.2M |
|
924
CALL
AnaptysBio
ANAB
$1.61B
| $16.2M | 0.03% |
+462,900
| New | +$22M |
|
925
Insperity
NSP
$1.97B
| $16.2M | 0.03% |
164,122
+57,788
| +54% | +$6.27M |
|
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 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.