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 | |
|---|---|---|---|---|---|---|
1126
Acushnet Holdings
GOLF
$6.08B
| $12.8M | 0.02% |
465,620
+219,624
| +89% | +$5.7M |
|
1127
Pebblebrook Hotel Trust
PEB
$2.19B
| $12.8M | 0.02% |
351,059
+311,534
| +788% | +$11.9M |
|
1128
Banco Bradesco
BBD
$38.5B
| $12.8M | 0.02% |
2,879,886
+585,912
| +26% | +$2.7M |
|
|
DQ
1129
Daqo New Energy
DQ
$815M
| $12.8M | 0.02% |
+2,441,665
| New | +$17.1M |
|
1130
Pegasystems
PEGA
$4.7B
| $12.7M | 0.02% |
406,754
-818,962
| -67% | -$24.8M |
|
1131
CALL
GE Aerospace
GE
$375B
| $12.7M | 0.02% |
234,745
-234,745
| -50% | -$14.5M |
|
|
TIER
1132
DELISTED
TIER REIT, Inc.
TIER
| $12.7M | 0.02% |
525,682
+183,042
| +53% | +$4.33M |
|
|
AFMD
1133
DELISTED
Affimed
AFMD
| $12.7M | 0.02% |
291,103
+49,508
| +20% | +$1.4M |
|
1134
MillerKnoll
MLKN
$1.54B
| $12.6M | 0.02% |
+328,628
| New | +$12.5M |
|
1135
Methanex
MEOH
$4.19B
| $12.6M | 0.02% |
159,473
+8,292
| +5% | +$603K |
|
1136
Darling Ingredients
DAR
$9.62B
| $12.6M | 0.02% |
652,799
+134,320
| +26% | +$2.65M |
|
1137
Nu Skin
NUS
$250M
| $12.6M | 0.02% |
153,026
+61,865
| +68% | +$4.92M |
|
1138
Annaly Capital Management
NLY
$16.9B
| $12.6M | 0.02% |
308,083
+153,327
| +99% | +$6.42M |
|
1139
Kinder Morgan
KMI
$70.6B
| $12.6M | 0.02% |
710,850
-2,962,932
| -81% | -$53M |
|
1140
Canadian Pacific Kansas City
CP
$81.1B
| $12.6M | 0.02% |
297,200
+216,180
| +267% | +$8.65M |
|
1141
PUT
Mondelez International
MDLZ
$77.9B
| $12.6M | 0.02% |
292,800
+92,800
| +46% | +$3.96M |
|
1142
PUT
PayPal
PYPL
$49.5B
| $12.6M | 0.02% |
+143,100
| New | +$12.6M |
|
1143
Criteo
CRTO
$1.05B
| $12.6M | 0.02% |
547,842
-36,154
| -6% | -$1.02M |
|
|
1144
CALL
Electronic Arts
EA
$52.4B
| $12.6M | 0.02% |
104,300
+102,500
| +5,694% | +$13.2M |
|
1145
HP
HPQ
$24.3B
| $12.5M | 0.02% |
486,902
-4,049,609
| -89% | -$97.8M |
|
1146
Murphy Oil
MUR
$5.38B
| $12.5M | 0.02% |
376,317
+140,424
| +60% | +$4.46M |
|
|
HZNP
1147
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $12.5M | 0.02% |
638,587
+536,614
| +526% | +$10.2M |
|
1148
Sprouts Farmers Market
SFM
$7.23B
| $12.5M | 0.02% |
455,843
-244,857
| -35% | -$6.01M |
|
1149
CALL
Bristol-Myers Squibb
BMY
$128B
| $12.4M | 0.02% |
200,000
+125,000
| +167% | +$7.42M |
|
1150
MasterCraft Boat Holdings
MCFT
$602M
| $12.4M | 0.02% |
345,943
-118,133
| -25% | -$3.46M |
|
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.