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 | |
|---|---|---|---|---|---|---|
976
HealthEquity
HQY
$8.28B
| $15M | 0.02% |
261,859
-78,688
| -23% | -$5.22M |
|
977
PUT
iShares MSCI Mexico ETF
EWW
$1.91B
| $15M | 0.02% |
350,000
| – | – |
|
978
Kirby Corp
KEX
$7.76B
| $14.9M | 0.02% |
181,954
+178,180
| +4,721% | +$13.7M |
|
979
Pebblebrook Hotel Trust
PEB
$2.19B
| $14.9M | 0.02% |
535,402
+171,126
| +47% | +$4.69M |
|
980
NCR Voyix
VYX
$1.13B
| $14.9M | 0.02% |
768,750
-382,728
| -33% | -$7.39M |
|
981
Nu Skin
NUS
$250M
| $14.8M | 0.02% |
349,169
-107,813
| -24% | -$4.52M |
|
|
SAFE
982
Safehold
SAFE
$1.19B
| $14.8M | 0.02% |
233,785
+79,906
| +52% | +$5.02M |
|
983
Sherwin-Williams
SHW
$80.7B
| $14.8M | 0.02% |
81,015
+41,787
| +107% | +$7.11M |
|
984
MarketAxess Holdings
MKTX
$4.19B
| $14.8M | 0.02% |
45,212
-113,335
| -71% | -$40.6M |
|
985
PUT
O'Reilly Automotive
ORLY
$75.1B
| $14.8M | 0.02% |
556,500
+409,500
| +279% | +$10.6M |
|
|
B
986
CALL
Barrick Mining
B
$62.6B
| $14.7M | 0.02% |
+850,000
| New | +$15M |
|
|
ALXN
987
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $14.7M | 0.02% |
150,000
-51,300
| -25% | -$5.78M |
|
988
Cenovus Energy
CVE
$52.3B
| $14.7M | 0.02% |
+1,566,123
| New | +$14.2M |
|
989
Enviri
NVRI
$620M
| $14.7M | 0.02% |
774,567
+518,261
| +202% | +$11M |
|
990
SolarEdge
SEDG
$2.62B
| $14.7M | 0.02% |
175,332
-59,301
| -25% | -$4.42M |
|
|
MNR
991
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $14.6M | 0.02% |
1,016,022
+338,902
| +50% | +$4.64M |
|
992
iShares Russell 2000 Value ETF
IWN
$14.4B
| $14.6M | 0.02% |
122,324
+120,324
| +6,016% | +$14.2M |
|
993
AMN Healthcare
AMN
$1.3B
| $14.6M | 0.02% |
253,204
+61,038
| +32% | +$3.38M |
|
994
Northern Trust
NTRS
$22.4B
| $14.6M | 0.02% |
156,122
-131,726
| -46% | -$12.1M |
|
995
WisdomTree
WT
$3.01B
| $14.5M | 0.02% |
2,780,072
+333,687
| +14% | +$1.89M |
|
|
CADE
996
DELISTED
Cadence Bank
CADE
| $14.5M | 0.02% |
490,455
+285,734
| +140% | +$8.16M |
|
997
FIVE9
FIVN
$1.96B
| $14.4M | 0.02% |
268,441
-214,925
| -44% | -$12.1M |
|
998
AES
AES
$10.6B
| $14.4M | 0.02% |
882,342
-280,643
| -24% | -$4.52M |
|
999
PUT
Cisco
CSCO
$452B
| $14.4M | 0.02% |
291,800
-871,700
| -75% | -$45.3M |
|
1000
PUT
CVS Health
CVS
$137B
| $14.4M | 0.02% |
228,500
+194,900
| +580% | +$11.5M |
|
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.