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 | |
|---|---|---|---|---|---|---|
1001
Cinemark Holdings
CNK
$3.93B
| $14.4M | 0.02% |
372,836
+5,529
| +2% | +$211K |
|
|
LOGM
1002
DELISTED
LogMein, Inc.
LOGM
| $14.4M | 0.02% |
202,576
+84,277
| +71% | +$6.04M |
|
1003
CALL
Boston Scientific
BSX
$67.6B
| $14.3M | 0.02% |
+352,400
| New | +$14.9M |
|
|
MGLN
1004
DELISTED
Magellan Health Services, Inc.
MGLN
| $14.3M | 0.02% |
230,807
+63,711
| +38% | +$4.25M |
|
|
CYBR
1005
DELISTED
CyberArk
CYBR
| $14.3M | 0.02% |
143,347
-37,778
| -21% | -$4.55M |
|
1006
Rigel Pharmaceuticals
RIGL
$692M
| $14.3M | 0.02% |
764,812
+89,568
| +13% | +$1.85M |
|
|
KSU
1007
DELISTED
Kansas City Southern
KSU
| $14.3M | 0.02% |
107,378
-63
| -0.1% | -$7.85K |
|
1008
Nomad Foods
NOMD
$1.67B
| $14.3M | 0.02% |
696,164
-1,714,318
| -71% | -$36.5M |
|
|
BID
1009
DELISTED
Sotheby's
BID
| $14.3M | 0.02% |
250,439
+86,219
| +53% | +$4.99M |
|
1010
UMB Financial
UMBF
$10.7B
| $14.3M | 0.02% |
220,735
-22,849
| -9% | -$1.48M |
|
1011
PUT
US Bancorp
USB
$98.9B
| $14.3M | 0.02% |
257,500
+199,800
| +346% | +$10.8M |
|
|
MOMO
1012
Hello Group
MOMO
$869M
| $14.2M | 0.02% |
459,690
-96,681
| -17% | -$3.28M |
|
1013
PUT
AT&T
T
$167B
| $14.2M | 0.02% |
497,692
+456,780
| +1,116% | +$12.1M |
|
1014
Virgin Galactic
SPCE
$325M
| $14.2M | 0.02% |
66,447
+26,227
| +65% | +$5.48M |
|
1015
T-Mobile US
TMUS
$190B
| $14.2M | 0.02% |
179,679
+139,274
| +345% | +$10.9M |
|
1016
Air Products & Chemicals
APD
$65.2B
| $14.1M | 0.02% |
63,750
+56,011
| +724% | +$12.6M |
|
1017
BGC Group
BGC
$5.65B
| $14.1M | 0.02% |
2,565,376
+1,275,410
| +99% | +$6.83M |
|
1018
Chegg
CHGG
$110M
| $14.1M | 0.02% |
470,530
+200,308
| +74% | +$7.94M |
|
1019
Tenaris
TS
$28.5B
| $14.1M | 0.02% |
665,214
-1,766,292
| -73% | -$41.4M |
|
1020
PUT
Marriott International
MAR
$101B
| $14.1M | 0.02% |
113,200
+68,900
| +156% | +$9.14M |
|
1021
Vanguard Total Bond Market
BND
$158B
| $14.1M | 0.02% |
166,628
+132,322
| +386% | +$11.1M |
|
1022
Pilgrim's Pride
PPC
$6.94B
| $14.1M | 0.02% |
438,774
+352,150
| +407% | +$10.2M |
|
1023
Coca-Cola Europacific Partners
CCEP
$48.1B
| $14M | 0.02% |
253,046
-59,846
| -19% | -$3.34M |
|
|
LSI
1024
DELISTED
Life Storage, Inc.
LSI
| $14M | 0.02% |
198,821
-506,712
| -72% | -$34.4M |
|
1025
Performance Food Group
PFGC
$18B
| $13.9M | 0.02% |
303,184
+54,135
| +22% | +$2.41M |
|
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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.