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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.69% |
| 2 | Technology | 12.68% |
| 3 | Financials | 12.18% |
| 4 | Consumer Discretionary | 10.77% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
WIX.com
WIX
$2.36B
| $13.3M | 0.02% |
147,532
+26,802
| +22% | +$2.53M |
|
|
SFLY
952
DELISTED
Shutterfly, Inc.
SFLY
| $13.3M | 0.02% |
330,927
+227,055
| +219% | +$11.9M |
|
953
Stride
LRN
$3.83B
| $13.3M | 0.02% |
536,657
+168,897
| +46% | +$3.6M |
|
954
Four Corners Property Trust
FCPT
$2.83B
| $13.3M | 0.02% |
506,648
-867,956
| -63% | -$23M |
|
955
Ryder
R
$10.3B
| $13.2M | 0.02% |
274,721
+154,744
| +129% | +$8.87M |
|
956
Cushman & Wakefield Ltd
CWK
$3.07B
| $13.2M | 0.02% |
913,160
-728,968
| -44% | -$12.2M |
|
|
VISN
957
Vistance Networks Inc
VISN
$2.67B
| $13.2M | 0.02% |
804,599
-180,603
| -18% | -$3.83M |
|
|
PPBI
958
DELISTED
Pacific Premier Bancorp
PPBI
| $13.2M | 0.02% |
515,483
-31,049
| -6% | -$938K |
|
|
CYBR
959
DELISTED
CyberArk
CYBR
| $13.1M | 0.02% |
177,257
+100,350
| +130% | +$7.17M |
|
960
Constellium
CSTM
$4.02B
| $13.1M | 0.02% |
1,874,251
-184
| -0% | -$1.64K |
|
961
iShares MSCI Japan ETF
EWJ
$21.7B
| $13.1M | 0.02% |
+258,053
| New | +$14.2M |
|
|
ODP
962
DELISTED
ODP
ODP
| $13.1M | 0.02% |
506,795
+85,330
| +20% | +$2.44M |
|
|
CTLT
963
DELISTED
CATALENT, INC.
CTLT
| $13M | 0.02% |
417,885
+4,995
| +1% | +$193K |
|
|
AAWW
964
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $13M | 0.02% |
+308,481
| New | +$15.8M |
|
965
Workday
WDAY
$36.4B
| $13M | 0.02% |
81,476
+40,805
| +100% | +$5.78M |
|
966
Azenta
AZTA
$1.27B
| $13M | 0.02% |
495,964
-786,419
| -61% | -$23M |
|
|
LOGM
967
DELISTED
LogMein, Inc.
LOGM
| $13M | 0.02% |
158,790
+29,641
| +23% | +$2.5M |
|
|
HOUS
968
DELISTED
Anywhere Real Estate
HOUS
| $12.9M | 0.02% |
881,937
-28,971
| -3% | -$527K |
|
969
PUT
Chubb
CB
$139B
| $12.9M | 0.02% |
+100,000
| New | +$12.9M |
|
970
AT&T
T
$167B
| $12.9M | 0.02% |
598,571
-2,249,680
| -79% | -$52.4M |
|
971
Aflac
AFL
$64.4B
| $12.9M | 0.02% |
+283,175
| New | +$12.6M |
|
972
Workiva
WK
$3.13B
| $12.8M | 0.02% |
357,944
-48,495
| -12% | -$1.7M |
|
|
CARB
973
DELISTED
Carbonite Inc
CARB
| $12.8M | 0.02% |
506,952
+136,448
| +37% | +$4.05M |
|
974
ATI
ATI
$26.3B
| $12.8M | 0.02% |
586,660
+217,486
| +59% | +$5.64M |
|
|
FOCS
975
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $12.8M | 0.02% |
484,974
+79,822
| +20% | +$2.78M |
|
Similar funds
Millennium Management's Q4 2018 Portfolio in Review
As of Q4 2018, Millennium Management held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Millennium Management withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Millennium Management opened a new position in Athenahealth, Inc. worth $135M.
- Millennium Management's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Millennium Management added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Millennium Management's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Millennium Management fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Millennium Management's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Millennium Management opened 702 new positions and closed 844 in Q4 2018.
- Millennium Management's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.