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 | |
|---|---|---|---|---|---|---|
|
NBIS
1051
Nebius Group N.V.
NBIS
$47.7B
| $14.2M | 0.02% |
432,169
-758,468
| -64% | -$25.7M |
|
|
DOOR
1052
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $14.2M | 0.02% |
221,660
+140,843
| +174% | +$9.61M |
|
1053
Polaris
PII
$4.25B
| $14.2M | 0.02% |
140,302
+95,251
| +211% | +$10.6M |
|
1054
CALL
Perrigo
PRGO
$1.4B
| $14.2M | 0.02% |
+200,000
| New | +$15M |
|
|
POLY
1055
DELISTED
Plantronics, Inc.
POLY
| $14.1M | 0.02% |
234,555
+194,547
| +486% | +$13.3M |
|
|
SASR
1056
DELISTED
Sandy Spring Bancorp Inc
SASR
| $14.1M | 0.02% |
358,110
-182,671
| -34% | -$7.29M |
|
1057
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $14M | 0.02% |
554,217
+525,556
| +1,834% | +$13.2M |
|
|
SEE
1058
DELISTED
Sealed Air
SEE
| $14M | 0.02% |
349,429
+154,964
| +80% | +$6.41M |
|
1059
Bank of Montreal
BMO
$125B
| $14M | 0.02% |
169,974
+167,095
| +5,804% | +$13.4M |
|
|
USG
1060
DELISTED
Usg
USG
| $14M | 0.02% |
323,850
-259,839
| -45% | -$11.2M |
|
1061
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $14M | 0.02% |
179,423
+9,412
| +6% | +$735K |
|
1062
CALL
RTX Corp
RTX
$294B
| $14M | 0.02% |
+158,900
| New | +$13.3M |
|
|
UCB
1063
United Community Banks
UCB
$4.21B
| $14M | 0.02% |
501,237
+11,383
| +2% | +$345K |
|
1064
PPG Industries
PPG
$26.4B
| $14M | 0.02% |
128,048
-5,960
| -4% | -$650K |
|
1065
Stewart Information Services
STC
$2.02B
| $14M | 0.02% |
310,423
-85,452
| -22% | -$3.83M |
|
|
IBTX
1066
DELISTED
Independent Bank Group, Inc.
IBTX
| $13.9M | 0.02% |
210,323
+178,759
| +566% | +$12.2M |
|
1067
AMC Global Media
AMCX
$445M
| $13.9M | 0.02% |
209,505
-13,864
| -6% | -$865K |
|
1068
Radware
RDWR
$1.23B
| $13.9M | 0.02% |
523,764
+228,783
| +78% | +$6.14M |
|
1069
Hain Celestial
HAIN
$46M
| $13.8M | 0.02% |
509,275
+214,416
| +73% | +$6.12M |
|
|
INN
1070
Summit Hotel Properties
INN
$748M
| $13.8M | 0.02% |
1,020,761
+419,052
| +70% | +$5.77M |
|
1071
Terreno Realty
TRNO
$7.72B
| $13.8M | 0.02% |
365,474
-522,831
| -59% | -$19.6M |
|
1072
CNA Financial
CNA
$14.7B
| $13.8M | 0.02% |
301,782
-113,116
| -27% | -$5.23M |
|
1073
PUT
Yum! Brands
YUM
$40.7B
| $13.6M | 0.02% |
+150,000
| New | +$12.5M |
|
|
SONC
1074
DELISTED
Sonic Corp
SONC
| $13.6M | 0.02% |
314,341
+257,217
| +450% | +$9.25M |
|
1075
Fomento Económico Mexicano
FMX
$45B
| $13.6M | 0.02% |
137,588
-289,996
| -68% | -$27.9M |
|
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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.