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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.69% |
| 2 | Technology | 12.68% |
| 3 | Financials | 12.18% |
| 4 | Consumer Discretionary | 10.77% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Ameris Bancorp
ABCB
$5.91B
| $9.6M | 0.02% |
303,130
-919,898
| -75% | -$37.5M |
|
1152
Enova International
ENVA
$6.16B
| $9.58M | 0.01% |
492,116
+123,093
| +33% | +$2.8M |
|
1153
US Foods
USFD
$22.4B
| $9.53M | 0.01% |
301,172
-687,659
| -70% | -$21.2M |
|
1154
Keurig Dr Pepper
KDP
$42.1B
| $9.53M | 0.01% |
371,565
-562,441
| -60% | -$14.3M |
|
1155
Western Union
WU
$2.58B
| $9.52M | 0.01% |
558,157
-373,235
| -40% | -$6.79M |
|
|
MBT
1156
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $9.49M | 0.01% |
1,355,116
+1,336,353
| +7,122% | +$10.5M |
|
1157
Red Robin
RRGB
$138M
| $9.48M | 0.01% |
354,946
+172,969
| +95% | +$5.82M |
|
1158
State Street Utilities Select Sector SPDR ETF
XLU
$23.4B
| $9.47M | 0.01% |
357,958
+151,674
| +74% | +$4.12M |
|
|
EFII
1159
DELISTED
Electronics for Imaging
EFII
| $9.45M | 0.01% |
381,175
+207,182
| +119% | +$5.98M |
|
|
FIT
1160
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $9.44M | 0.01% |
1,900,000
+800,000
| +73% | +$4.13M |
|
1161
Deluxe
DLX
$1.25B
| $9.44M | 0.01% |
245,522
+218,759
| +817% | +$10.4M |
|
|
SIR
1162
DELISTED
SELECT INCOME REIT
SIR
| $9.43M | 0.01% |
1,281,512
-71,287
| -5% | -$598K |
|
1163
CALL
Broadcom
AVGO
$1.83T
| $9.41M | 0.01% |
370,000
+123,000
| +50% | +$2.9M |
|
|
CCMP
1164
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $9.4M | 0.01% |
98,559
-52,992
| -35% | -$5.2M |
|
1165
Empire State Realty Trust
ESRT
$978M
| $9.39M | 0.01% |
659,866
-990,154
| -60% | -$15.5M |
|
|
SGI
1166
Somnigroup International
SGI
$15.1B
| $9.37M | 0.01% |
905,428
-1,219,956
| -57% | -$14.6M |
|
1167
State Street SPDR S&P 500 ETF Trust
SPY
$784B
| $9.31M | 0.01% |
37,273
-1,787
| -5% | -$482K |
|
1168
Supernus Pharmaceuticals
SUPN
$2.76B
| $9.3M | 0.01% |
280,003
+48,255
| +21% | +$2.08M |
|
|
POLY
1169
DELISTED
Plantronics, Inc.
POLY
| $9.29M | 0.01% |
280,724
+46,169
| +20% | +$2.28M |
|
|
SPLK
1170
DELISTED
Splunk Inc
SPLK
| $9.26M | 0.01% |
88,268
-85,700
| -49% | -$8.67M |
|
|
WW
1171
CALL
DELISTED
WW International
WW
| $9.25M | 0.01% |
240,000
+230,000
| +2,300% | +$12.6M |
|
1172
Domo
DOMO
$168M
| $9.21M | 0.01% |
469,434
-257,745
| -35% | -$4.55M |
|
|
PCH
1173
DELISTED
PotlatchDeltic
PCH
| $9.2M | 0.01% |
290,870
-219,947
| -43% | -$7.85M |
|
|
RPAI
1174
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $9.18M | 0.01% |
+845,631
| New | +$10.1M |
|
1175
CALL
iShares MSCI Brazil ETF
EWZ
$9.12B
| $9.17M | 0.01% |
240,100
-54,400
| -18% | -$2.11M |
|
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Millennium Management's Q4 2018 Portfolio in Review
As of Q4 2018, Millennium Management held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Millennium Management withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Millennium Management opened a new position in Athenahealth, Inc. worth $135M.
- Millennium Management's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Millennium Management added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Millennium Management's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Millennium Management fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Millennium Management's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Millennium Management opened 702 new positions and closed 844 in Q4 2018.
- Millennium Management's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.