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 | |
|---|---|---|---|---|---|---|
1001
Mercer International
MERC
$44.7M
| $15.6M | 0.02% |
925,630
-321,024
| -26% | -$5.59M |
|
|
CRC
1002
PUT
DELISTED
California Resources Corporation
CRC
| $15.5M | 0.02% |
320,000
-389,500
| -55% | -$15M |
|
1003
Onto Innovation
ONTO
$13B
| $15.5M | 0.02% |
413,681
-220,717
| -35% | -$8.68M |
|
1004
Dolby
DLB
$4.85B
| $15.5M | 0.02% |
221,270
-29,272
| -12% | -$1.96M |
|
1005
PUT
Murphy USA
MUSA
$11.3B
| $15.5M | 0.02% |
181,000
-100,000
| -36% | -$8.25M |
|
|
ENV
1006
DELISTED
ENVESTNET, INC.
ENV
| $15.5M | 0.02% |
253,541
+247,706
| +4,245% | +$15M |
|
|
MCHB
1007
Mechanics Bancorp
MCHB
$3.46B
| $15.4M | 0.02% |
581,187
-239,974
| -29% | -$6.91M |
|
1008
Amalgamated Financial
AMAL
$1.46B
| $15.4M | 0.02% |
+797,098
| New | +$14.3M |
|
1009
Ascendis Pharma A/S
ASND
$16.6B
| $15.3M | 0.02% |
216,054
-351,169
| -62% | -$24.2M |
|
1010
Applied Materials
AMAT
$410B
| $15.3M | 0.02% |
395,002
-5,046
| -1% | -$223K |
|
|
MDR
1011
DELISTED
McDermott International
MDR
| $15.2M | 0.02% |
827,235
+145,637
| +21% | +$2.72M |
|
1012
Conduent
CNDT
$234M
| $15.2M | 0.02% |
676,406
-1,030,890
| -60% | -$21.2M |
|
1013
PUT
PG&E
PCG
$47.2B
| $15.2M | 0.02% |
330,000
-710,000
| -68% | -$31.6M |
|
1014
Dave & Buster's
PLAY
$363M
| $15.2M | 0.02% |
229,076
-281,538
| -55% | -$15.2M |
|
1015
Saia
SAIA
$11.2B
| $15.2M | 0.02% |
+198,318
| New | +$15.4M |
|
1016
NIO
NIO
$11.6B
| $15.2M | 0.02% |
+2,170,568
| New | +$17.9M |
|
|
HRC
1017
PUT
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $15.1M | 0.02% |
+160,000
| New | +$15M |
|
1018
EQT Corp
EQT
$32.5B
| $15.1M | 0.02% |
627,205
-374,043
| -37% | -$10.3M |
|
|
ACOR
1019
DELISTED
Acorda Therapeutics
ACOR
| $15.1M | 0.02% |
6,399
+965
| +18% | +$2.99M |
|
|
IMPV
1020
DELISTED
Imperva, Inc.
IMPV
| $15.1M | 0.02% |
324,518
+24,136
| +8% | +$1.17M |
|
|
BPYU
1021
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $15M | 0.02% |
+717,770
| New | +$14.5M |
|
|
1022
PUT
Electronic Arts
EA
$52.4B
| $15M | 0.02% |
124,600
+116,400
| +1,420% | +$15M |
|
1023
Sociedad Química y Minera de Chile
SQM
$19.6B
| $15M | 0.02% |
328,104
-83,867
| -20% | -$3.86M |
|
|
LPT
1024
DELISTED
Liberty Property Trust
LPT
| $15M | 0.02% |
354,754
-541,305
| -60% | -$23.5M |
|
1025
BJ's Restaurants
BJRI
$1.45B
| $14.9M | 0.02% |
206,801
-228,863
| -53% | -$15.4M |
|
Similar funds
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.