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 | |
|---|---|---|---|---|---|---|
1151
Wheaton Precious Metals
WPM
$50.9B
| $11.9M | 0.02% |
452,738
-181,607
| -29% | -$4.89M |
|
1152
Provident Financial Services
PFS
$3.11B
| $11.9M | 0.02% |
483,682
-224,926
| -32% | -$5.46M |
|
1153
American Water Works
AWK
$26.3B
| $11.9M | 0.02% |
95,406
+92,406
| +3,080% | +$11.1M |
|
|
ACHN
1154
DELISTED
Achillion Pharmaceuticals
ACHN
| $11.8M | 0.02% |
3,287,622
-1,041,082
| -24% | -$4.01M |
|
1155
PUT
Markel Group
MKL
$25.2B
| $11.8M | 0.02% |
10,000
+2,000
| +25% | +$2.27M |
|
|
MINI
1156
DELISTED
Mobile Mini Inc
MINI
| $11.8M | 0.02% |
320,484
+65,764
| +26% | +$2.15M |
|
1157
PUT
Church & Dwight Co
CHD
$23.4B
| $11.8M | 0.02% |
+156,900
| New | +$11.9M |
|
1158
Four Corners Property Trust
FCPT
$2.83B
| $11.8M | 0.02% |
417,446
-336,811
| -45% | -$9.39M |
|
1159
Badger Meter
BMI
$3.71B
| $11.8M | 0.02% |
219,828
+215,597
| +5,096% | +$11.6M |
|
|
KAMN
1160
DELISTED
Kaman Corp
KAMN
| $11.8M | 0.02% |
+198,505
| New | +$11.9M |
|
1161
Vanguard Extended Market ETF
VXF
$30.5B
| $11.8M | 0.02% |
+101,073
| New | +$11.9M |
|
|
CTXS
1162
DELISTED
Citrix Systems Inc
CTXS
| $11.7M | 0.02% |
121,523
-292,296
| -71% | -$28M |
|
1163
FS KKR Capital
FSK
$3.04B
| $11.7M | 0.02% |
502,894
+186,414
| +59% | +$4.37M |
|
|
AFMD
1164
DELISTED
Affimed
AFMD
| $11.7M | 0.02% |
397,858
+85,564
| +27% | +$2.55M |
|
|
MRTX
1165
CALL
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $11.7M | 0.02% |
+150,000
| New | +$14.1M |
|
1166
Interactive Brokers
IBKR
$41.1B
| $11.7M | 0.02% |
869,052
-235,800
| -21% | -$2.93M |
|
1167
Wingstop
WING
$3.74B
| $11.7M | 0.02% |
133,689
-62,328
| -32% | -$5.93M |
|
1168
CALL
Newmont
NEM
$98.5B
| $11.6M | 0.02% |
306,800
+256,200
| +506% | +$9.95M |
|
1169
Spectrum Brands
SPB
$2.04B
| $11.6M | 0.02% |
220,196
+151,481
| +220% | +$7.9M |
|
1170
CALL
Wells Fargo
WFC
$264B
| $11.6M | 0.02% |
+229,800
| New | +$10.8M |
|
1171
PUT
Western Union
WU
$2.55B
| $11.6M | 0.02% |
+500,000
| New | +$10.8M |
|
1172
Pentair
PNR
$10.2B
| $11.6M | 0.02% |
306,065
+220,857
| +259% | +$8.21M |
|
1173
Bank OZK
OZK
$5.5B
| $11.5M | 0.02% |
423,347
+102,570
| +32% | +$2.85M |
|
1174
Towne Bank
TOWN
$3.45B
| $11.5M | 0.02% |
414,980
+238,355
| +135% | +$6.48M |
|
1175
AB InBev
BUD
$156B
| $11.5M | 0.02% |
121,031
-172,421
| -59% | -$16.4M |
|
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.