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 | |
|---|---|---|---|---|---|---|
1051
CALL
BioMarin Pharmaceuticals
BMRN
$11.6B
| $13.5M | 0.02% |
200,000
-25,000
| -11% | -$1.93M |
|
1052
Simply Good Foods
SMPL
$943M
| $13.5M | 0.02% |
464,748
-1,437,447
| -76% | -$40.1M |
|
1053
Leggett & Platt
LEG
$1.5B
| $13.5M | 0.02% |
328,859
+97,549
| +42% | +$3.83M |
|
1054
NetEase
NTES
$79.2B
| $13.5M | 0.02% |
252,875
-875,945
| -78% | -$44.6M |
|
1055
Olin
OLN
$2.49B
| $13.5M | 0.02% |
+718,593
| New | +$13.5M |
|
1056
CALL
AutoZone
AZO
$50.2B
| $13.4M | 0.02% |
+12,400
| New | +$13.9M |
|
|
CZZ
1057
DELISTED
Cosan Limited
CZZ
| $13.4M | 0.02% |
902,444
-127,458
| -12% | -$1.82M |
|
1058
Huntsman Corp
HUN
$2.06B
| $13.4M | 0.02% |
577,884
+325,835
| +129% | +$6.73M |
|
1059
Extreme Networks
EXTR
$3.92B
| $13.4M | 0.02% |
1,847,478
+231,580
| +14% | +$1.68M |
|
|
AXON
1060
Axon Enterprise
AXON
$42.4B
| $13.4M | 0.02% |
236,446
+10,710
| +5% | +$676K |
|
|
MRSH
1061
Marsh
MRSH
$87.5B
| $13.4M | 0.02% |
133,939
-139,683
| -51% | -$14M |
|
|
BBT
1062
Beacon Financial Corp
BBT
$2.48B
| $13.4M | 0.02% |
455,932
+73,731
| +19% | +$2.24M |
|
|
NPAUU
1063
DELISTED
New Providence Acquisition Corp. Unit
NPAUU
| $13.3M | 0.02% |
+1,325,000
| New | +$13.3M |
|
|
CUK
1064
DELISTED
Carnival PLC
CUK
| $13.3M | 0.02% |
317,066
+305,543
| +2,652% | +$13.6M |
|
1065
PUT
Citigroup
C
$223B
| $13.3M | 0.02% |
192,800
-148,700
| -44% | -$10.1M |
|
1066
Curtiss-Wright
CW
$27.5B
| $13.2M | 0.02% |
102,263
-100,840
| -50% | -$12.7M |
|
|
UFS
1067
DELISTED
DOMTAR CORPORATION (New)
UFS
| $13.2M | 0.02% |
368,657
+204,391
| +124% | +$7.59M |
|
1068
argenx
ARGX
$55.6B
| $13.2M | 0.02% |
115,463
+98,811
| +593% | +$13.4M |
|
1069
Knight Transportation
KNX
$11.5B
| $13.2M | 0.02% |
362,506
-299,326
| -45% | -$10.4M |
|
|
PVTL
1070
DELISTED
Pivotal Software, Inc.
PVTL
| $13.1M | 0.02% |
878,561
+284,039
| +48% | +$3.48M |
|
|
VAR
1071
CALL
DELISTED
Varian Medical Systems, Inc.
VAR
| $13.1M | 0.02% |
+110,000
| New | +$13.1M |
|
1072
Loews
L
$24.4B
| $13.1M | 0.02% |
253,932
+164,269
| +183% | +$8.48M |
|
1073
Teva Pharmaceuticals
TEVA
$36.2B
| $13.1M | 0.02% |
1,899,959
+1,888,057
| +15,863% | +$14.5M |
|
1074
Expeditors International
EXPD
$22.4B
| $13.1M | 0.02% |
175,886
+166,000
| +1,679% | +$12.2M |
|
1075
Cracker Barrel
CBRL
$1.17B
| $13.1M | 0.02% |
80,244
+67,207
| +516% | +$11.3M |
|
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.