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 | |
|---|---|---|---|---|---|---|
1201
PUT
Mastercard
MA
$487B
| $11M | 0.02% |
+40,400
| New | +$11.1M |
|
|
ETFC
1202
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $11M | 0.02% |
+251,000
| New | +$11.1M |
|
|
CRC
1203
DELISTED
California Resources Corporation
CRC
| $10.9M | 0.02% |
1,071,991
+1,036,837
| +2,949% | +$13.3M |
|
|
ANSS
1204
DELISTED
Ansys
ANSS
| $10.9M | 0.02% |
+49,381
| New | +$10.4M |
|
1205
Stellantis
STLA
$16.5B
| $10.9M | 0.02% |
843,878
+286,205
| +51% | +$3.83M |
|
1206
Upbound Group
UPBD
$1.2B
| $10.9M | 0.02% |
423,136
+251,653
| +147% | +$6.61M |
|
1207
AptarGroup
ATR
$8.51B
| $10.9M | 0.02% |
92,037
+67,955
| +282% | +$8.22M |
|
|
RSX
1208
PUT
DELISTED
VanEck Russia ETF
RSX
| $10.9M | 0.02% |
476,700
+16,700
| +4% | +$385K |
|
|
WCN
1209
Waste Connections
WCN
$42.7B
| $10.9M | 0.02% |
118,114
-110,455
| -48% | -$10.2M |
|
1210
PUT
Yum! Brands
YUM
$40.7B
| $10.9M | 0.02% |
95,800
+100
| +0.1% | +$11.4K |
|
|
ECHO
1211
EchoStar
ECHO
$25.1B
| $10.8M | 0.02% |
273,834
-1,358,257
| -83% | -$49.1M |
|
|
CRCM
1212
DELISTED
CARE.COM, INC.
CRCM
| $10.8M | 0.02% |
1,038,220
+647,233
| +166% | +$6.66M |
|
|
RETA
1213
PUT
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $10.8M | 0.02% |
135,000
+39,800
| +42% | +$3.38M |
|
|
RWT
1214
Redwood Trust
RWT
$619M
| $10.8M | 0.02% |
660,259
+568,509
| +620% | +$9.51M |
|
1215
VanEck Oil Services ETF
OIH
$2.06B
| $10.8M | 0.02% |
46,059
-2,116
| -4% | -$548K |
|
|
RSX
1216
CALL
DELISTED
VanEck Russia ETF
RSX
| $10.8M | 0.02% |
474,400
| – | – |
|
1217
ePlus
PLUS
$2.33B
| $10.8M | 0.02% |
282,562
+123,818
| +78% | +$4.77M |
|
1218
Nexstar Media Group
NXST
$5.67B
| $10.7M | 0.02% |
104,911
-81,538
| -44% | -$8.25M |
|
1219
Frontline
FRO
$8.59B
| $10.7M | 0.02% |
1,178,253
-597,685
| -34% | -$4.82M |
|
|
1220
PUT
Restaurant Brands International
QSR
$25.8B
| $10.7M | 0.02% |
150,000
| – | – |
|
|
FOLD
1221
DELISTED
Amicus Therapeutics
FOLD
| $10.7M | 0.02% |
1,329,341
+242,659
| +22% | +$2.63M |
|
1222
NMI Holdings
NMIH
$3.27B
| $10.6M | 0.02% |
405,080
+240,547
| +146% | +$6.58M |
|
1223
Builders FirstSource
BLDR
$7.82B
| $10.6M | 0.02% |
516,401
+133,239
| +35% | +$2.48M |
|
1224
CALL
Smith & Nephew
SNN
$13.1B
| $10.6M | 0.02% |
220,000
+15,000
| +7% | +$690K |
|
1225
Expedia Group
EXPE
$33.4B
| $10.6M | 0.02% |
+78,771
| New | +$10.4M |
|
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.