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 |
Fortive
FTV
|
+$1.39B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1B |
| 3 |
Citigroup
C
|
+$332M |
| 4 |
Apple
AAPL
|
+$307M |
| 5 |
Oracle
ORCL
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$579M |
| 2 |
Electronic Arts
EA
|
+$233M |
| 3 |
Keurig Dr Pepper
KDP
|
+$215M |
| 4 |
APC
Anadarko Petroleum
APC
|
+$206M |
| 5 |
XL
XL Group Ltd.
XL
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.4% |
| 2 | Financials | 12.54% |
| 3 | Healthcare | 11.73% |
| 4 | Consumer Discretionary | 9.48% |
| 5 | Industrials | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SC
976
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $16M | 0.02% |
796,590
-945,187
| -54% | -$19.4M |
|
|
COWN
977
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $16M | 0.02% |
978,866
-219,453
| -18% | -$3.28M |
|
978
Crocs
CROX
$6.69B
| $15.9M | 0.02% |
748,813
-284,960
| -28% | -$5.47M |
|
|
HPP
979
Hudson Pacific Properties
HPP
$794M
| $15.9M | 0.02% |
69,274
-149,439
| -68% | -$35.1M |
|
|
ARCH
980
DELISTED
Arch Resources, Inc.
ARCH
| $15.9M | 0.02% |
177,384
-81,417
| -31% | -$7.04M |
|
|
CXP
981
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $15.9M | 0.02% |
+670,538
| New | +$15.6M |
|
982
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $15.8M | 0.02% |
43,128
+31,835
| +282% | +$11.7M |
|
983
iShares MSCI Taiwan ETF
EWT
$9.99B
| $15.8M | 0.02% |
420,285
+396,652
| +1,678% | +$14.7M |
|
984
iShares 20+ Year Treasury Bond ETF
TLT
$42.8B
| $15.8M | 0.02% |
135,097
+42,465
| +46% | +$5.1M |
|
985
Paylocity
PCTY
$6.97B
| $15.8M | 0.02% |
197,061
+51,586
| +35% | +$3.65M |
|
986
CNO Financial Group
CNO
$4.96B
| $15.8M | 0.02% |
745,530
+212,759
| +40% | +$4.46M |
|
987
American Financial Group
AFG
$12B
| $15.8M | 0.02% |
142,474
-1,759
| -1% | -$196K |
|
988
Insperity
NSP
$1.92B
| $15.8M | 0.02% |
133,865
+74,725
| +126% | +$8.12M |
|
|
TGI
989
DELISTED
Triumph Group
TGI
| $15.8M | 0.02% |
676,217
+377,373
| +126% | +$7.9M |
|
990
DNOW Inc
DNOW
$2.59B
| $15.7M | 0.02% |
951,611
-202,311
| -18% | -$3.21M |
|
|
ENLC
991
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $15.7M | 0.02% |
954,895
-509,545
| -35% | -$8.49M |
|
|
IMMU
992
DELISTED
Immunomedics Inc
IMMU
| $15.7M | 0.02% |
753,779
-2,988,740
| -80% | -$70.8M |
|
993
Wyndham Hotels & Resorts
WH
$5.58B
| $15.7M | 0.02% |
282,472
-621,702
| -69% | -$35.6M |
|
|
RVNC
994
DELISTED
Revance Therapeutics, Inc.
RVNC
| $15.7M | 0.02% |
630,656
-452,918
| -42% | -$12.3M |
|
995
Armstrong World Industries
AWI
$7.05B
| $15.7M | 0.02% |
225,111
-380,116
| -63% | -$26.2M |
|
|
CCMP
996
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $15.6M | 0.02% |
151,551
+31,213
| +26% | +$3.52M |
|
997
Cognizant
CTSH
$22.3B
| $15.6M | 0.02% |
+202,447
| New | +$15.8M |
|
998
Insulet
PODD
$11.4B
| $15.6M | 0.02% |
147,324
-384,785
| -72% | -$36M |
|
999
Domo
DOMO
$161M
| $15.6M | 0.02% |
727,179
+466,474
| +179% | +$9.24M |
|
|
ANSS
1000
DELISTED
Ansys
ANSS
| $15.6M | 0.02% |
83,420
+64,823
| +349% | +$11.6M |
|
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Millennium Management's Q3 2018 Portfolio in Review
As of Q3 2018, Millennium Management held 4,590 positions worth $81.6B, up 6.4% from $76.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Millennium Management's Q3 2018 filing shows 841 new, 1,291 increased, 1,638 reduced and 748 closed positions. Its largest new stake was Fortive: 27,116,929 shares worth $1.44B. The largest sale was Altaba Inc, an estimated $579M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q3 2018 buy was Fortive: 27,116,929 shares worth $1.44B.
- Millennium Management added most to Andeavor in Q3 2018, an estimated $1B increase.
- Millennium Management's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $579M.
- Millennium Management fully exited XL Group Ltd. in Q3 2018, selling an estimated $190M.
- Millennium Management's ten largest holdings make up 10% of its $81.6B portfolio in Q3 2018.
- Millennium Management opened 841 new positions and closed 748 in Q3 2018.
- Millennium Management's portfolio value rose 6.4% quarter-over-quarter to $81.6B.
Based on Millennium Management's 13F filing for Q3 2018, filed 14 Nov 2018.