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 | |
|---|---|---|---|---|---|---|
926
Globus Medical
GMED
$10.6B
| $16.2M | 0.03% |
+316,430
| New | +$15.1M |
|
|
FL
927
DELISTED
Foot Locker
FL
| $16.1M | 0.03% |
373,153
-671,383
| -64% | -$27M |
|
928
Outfront Media
OUT
$5.68B
| $16.1M | 0.03% |
588,650
-1,640,612
| -74% | -$43.7M |
|
929
Franco-Nevada
FNV
$41.4B
| $16.1M | 0.03% |
176,529
+23,449
| +15% | +$2.15M |
|
930
PUT
Vulcan Materials
VMC
$36.9B
| $16.1M | 0.03% |
+106,400
| New | +$15M |
|
931
iShares MSCI Germany ETF
EWG
$1.55B
| $16M | 0.03% |
595,656
+387,726
| +186% | +$10.4M |
|
932
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $16M | 0.03% |
142,089
+107,700
| +313% | +$12M |
|
933
VF Corp
VFC
$6.72B
| $16M | 0.03% |
179,263
+54,247
| +43% | +$4.63M |
|
934
Pinnacle West Capital
PNW
$12.8B
| $15.9M | 0.03% |
164,180
-44,104
| -21% | -$4.15M |
|
935
Teleflex
TFX
$5.8B
| $15.9M | 0.03% |
46,907
-142,581
| -75% | -$49.7M |
|
936
ONE Gas
OGS
$5.02B
| $15.9M | 0.03% |
165,768
+50,427
| +44% | +$4.6M |
|
937
PUT
Capital One
COF
$127B
| $15.9M | 0.03% |
175,000
+65,200
| +59% | +$5.86M |
|
938
Eagle Bancorp
EGBN
$858M
| $15.9M | 0.03% |
356,438
-176,215
| -33% | -$7.69M |
|
|
QIWI
939
DELISTED
QIWI PLC
QIWI
| $15.8M | 0.03% |
721,746
+414,074
| +135% | +$8.94M |
|
940
CALL
Illumina
ILMN
$28.7B
| $15.8M | 0.03% |
53,456
+22,616
| +73% | +$6.67M |
|
|
P
941
Everpure Inc
P
$24.7B
| $15.8M | 0.03% |
932,655
+420,041
| +82% | +$6.59M |
|
|
PPL
942
CALL
PPL Corp
PPL
$27.1B
| $15.8M | 0.02% |
+501,000
| New | +$15.1M |
|
943
Comfort Systems
FIX
$60.9B
| $15.7M | 0.02% |
355,547
+194,723
| +121% | +$8.49M |
|
|
LNW
944
DELISTED
Light & Wonder
LNW
| $15.7M | 0.02% |
772,769
-182,478
| -19% | -$3.6M |
|
|
Y
945
DELISTED
Alleghany Corp
Y
| $15.7M | 0.02% |
19,621
-22,357
| -53% | -$16.4M |
|
946
Elastic
ESTC
$6.37B
| $15.6M | 0.02% |
189,869
+12,240
| +7% | +$1.09M |
|
947
J&J Snack Foods
JJSF
$1.46B
| $15.6M | 0.02% |
81,408
+53,779
| +195% | +$9.76M |
|
948
PACCAR
PCAR
$70.2B
| $15.6M | 0.02% |
334,728
+202,993
| +154% | +$9.26M |
|
949
PUT
Howmet Aerospace
HWM
$115B
| $15.6M | 0.02% |
782,400
-522
| -0.1% | -$10.3K |
|
950
Oil States International
OIS
$512M
| $15.6M | 0.02% |
1,171,146
-66,724
| -5% | -$960K |
|
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.