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 | |
|---|---|---|---|---|---|---|
1076
iShares Russell 1000 Value ETF
IWD
$81.5B
| $13.6M | 0.02% |
107,506
+54,506
| +103% | +$6.85M |
|
1077
PUT
CVS Health
CVS
$137B
| $13.6M | 0.02% |
172,500
+72,500
| +73% | +$5.18M |
|
1078
Booking.com
BKNG
$145B
| $13.6M | 0.02% |
170,775
+8,500
| +5% | +$669K |
|
|
APC
1079
DELISTED
Anadarko Petroleum
APC
| $13.5M | 0.02% |
200,805
-3,059,285
| -94% | -$206M |
|
1080
Gray Television
GTN
$409M
| $13.5M | 0.02% |
773,405
+596,798
| +338% | +$9.77M |
|
|
DOO
1081
Bombardier Recreational Products
DOO
$4.53B
| $13.5M | 0.02% |
+288,621
| New | +$13.4M |
|
|
ODP
1082
DELISTED
ODP
ODP
| $13.5M | 0.02% |
421,465
+184,409
| +78% | +$5.52M |
|
1083
TD Synnex
SNX
$19.6B
| $13.5M | 0.02% |
319,236
+245,066
| +330% | +$11.8M |
|
1084
Tenet Healthcare
THC
$21B
| $13.5M | 0.02% |
474,736
+160,715
| +51% | +$5.31M |
|
1085
PUT
Ulta Beauty
ULTA
$20.7B
| $13.5M | 0.02% |
47,800
+27,800
| +139% | +$7.09M |
|
1086
First Bancorp
FBP
$4.39B
| $13.4M | 0.02% |
1,475,753
-602,328
| -29% | -$5.1M |
|
1087
Guidewire Software
GWRE
$12.4B
| $13.4M | 0.02% |
+132,852
| New | +$12.8M |
|
1088
CALL
NVIDIA
NVDA
$4.76T
| $13.4M | 0.02% |
1,908,000
+376,000
| +25% | +$2.45M |
|
1089
Edgewell Personal Care
EPC
$1.28B
| $13.4M | 0.02% |
289,495
-92,986
| -24% | -$4.92M |
|
1090
PUT
Delta Air Lines
DAL
$57B
| $13.4M | 0.02% |
231,400
+92,000
| +66% | +$5.07M |
|
|
ATHN
1091
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $13.4M | 0.02% |
+100,000
| New | +$15M |
|
1092
Aecom
ACM
$9.12B
| $13.3M | 0.02% |
408,654
+297,607
| +268% | +$9.81M |
|
1093
CarGurus
CARG
$3.15B
| $13.3M | 0.02% |
239,419
+222,117
| +1,284% | +$10.3M |
|
1094
Elanco Animal Health
ELAN
$12.7B
| $13.3M | 0.02% |
+382,067
| New | +$13.4M |
|
1095
Bausch Health
BHC
$1.67B
| $13.3M | 0.02% |
518,934
-17,080
| -3% | -$391K |
|
|
TLND
1096
DELISTED
Talend S.A. American Depositary Shares
TLND
| $13.3M | 0.02% |
190,391
-58,138
| -23% | -$3.66M |
|
1097
NorthWestern Energy
NWE
$4.44B
| $13.2M | 0.02% |
225,761
-362,937
| -62% | -$21.5M |
|
1098
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $13.2M | 0.02% |
139,000
+86,200
| +163% | +$7.79M |
|
|
CARB
1099
DELISTED
Carbonite Inc
CARB
| $13.2M | 0.02% |
+370,504
| New | +$14.2M |
|
1100
Rush Enterprises Class A
RUSHA
$5.98B
| $13.2M | 0.02% |
755,296
+278,152
| +58% | +$5.31M |
|
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.