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 | |
|---|---|---|---|---|---|---|
1251
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $10.2M | 0.02% |
117,295
-327,385
| -74% | -$28.4M |
|
1252
CALL
Medtronic
MDT
$111B
| $10.2M | 0.02% |
94,000
+49,000
| +109% | +$5.11M |
|
1253
Q2 Holdings
QTWO
$3.78B
| $10.2M | 0.02% |
+129,314
| New | +$10.7M |
|
|
BIG
1254
DELISTED
Big Lots, Inc.
BIG
| $10.2M | 0.02% |
415,995
-257,758
| -38% | -$6.14M |
|
|
APXTU
1255
DELISTED
Apex Technology Acquisition Corporation Unit
APXTU
| $10.2M | 0.02% |
+1,000,000
| New | +$10.2M |
|
1256
Afya
AFYA
$1.33B
| $10.2M | 0.02% |
+397,408
| New | +$10.3M |
|
1257
Dropbox
DBX
$7.39B
| $10.2M | 0.02% |
505,058
+256,629
| +103% | +$5.47M |
|
1258
PUT
Arrowhead Research
ARWR
$11.8B
| $10.1M | 0.02% |
+360,000
| New | +$10.7M |
|
1259
HSBC
HSBC
$356B
| $10.1M | 0.02% |
265,014
+245,157
| +1,235% | +$9.5M |
|
1260
Murphy USA
MUSA
$11.1B
| $10.1M | 0.02% |
118,263
+102,450
| +648% | +$9.01M |
|
1261
Corcept Therapeutics
CORT
$9.97B
| $10.1M | 0.02% |
713,516
+515,873
| +261% | +$6.34M |
|
1262
Protagonist Therapeutics
PTGX
$8.71B
| $10.1M | 0.02% |
837,892
+26,826
| +3% | +$338K |
|
|
CTXS
1263
PUT
DELISTED
Citrix Systems Inc
CTXS
| $10M | 0.02% |
103,700
+3,300
| +3% | +$316K |
|
1264
PagSeguro Digital
PAGS
$2.66B
| $10M | 0.02% |
215,882
+101,210
| +88% | +$4.7M |
|
|
FBC
1265
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $9.95M | 0.02% |
266,491
+106,297
| +66% | +$3.73M |
|
1266
Sunrun
RUN
$2.32B
| $9.95M | 0.02% |
595,652
+385,682
| +184% | +$6.73M |
|
1267
Marten Transport
MRTN
$1.27B
| $9.95M | 0.02% |
718,088
+31,295
| +5% | +$410K |
|
1268
Kennametal
KMT
$2.75B
| $9.94M | 0.02% |
323,432
+148,733
| +85% | +$4.74M |
|
1269
ArcelorMittal
MT
$51B
| $9.92M | 0.02% |
696,487
+573,496
| +466% | +$8.81M |
|
|
PRFT
1270
DELISTED
Perficient Inc
PRFT
| $9.91M | 0.02% |
256,965
-138,856
| -35% | -$5.03M |
|
1271
Central Garden & Pet Co
CENT
$2.81B
| $9.86M | 0.02% |
421,864
+105,851
| +33% | +$2.29M |
|
1272
New Jersey Resources
NJR
$6.11B
| $9.86M | 0.02% |
218,122
+178,181
| +446% | +$8.35M |
|
1273
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
| $9.83M | 0.02% |
160,057
-68,174
| -30% | -$4.1M |
|
1274
Heritage Financial
HFWA
$1.23B
| $9.83M | 0.02% |
364,543
+115,015
| +46% | +$3.18M |
|
|
TMX
1275
DELISTED
Terminix Global Holdings, Inc.
TMX
| $9.81M | 0.02% |
175,463
+165,821
| +1,720% | +$9.14M |
|
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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.