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 | |
|---|---|---|---|---|---|---|
1376
CALL
Aecom
ACM
$9.57B
| $8.51M | 0.01% |
+226,600
| New | +$8.16M |
|
1377
Canadian Imperial Bank of Commerce
CM
$109B
| $8.51M | 0.01% |
206,130
+135,146
| +190% | +$5.31M |
|
|
EXPCU
1378
DELISTED
Experience Investment Corp. Unit
EXPCU
| $8.51M | 0.01% |
+850,000
| New | +$8.51M |
|
1379
Choice Hotels
CHH
$5.22B
| $8.49M | 0.01% |
+95,499
| New | +$8.52M |
|
1380
Agnico Eagle Mines
AEM
$71.9B
| $8.48M | 0.01% |
158,111
-122,190
| -44% | -$6.92M |
|
1381
Navient
NAVI
$822M
| $8.46M | 0.01% |
661,106
+453,060
| +218% | +$6.04M |
|
1382
Cactus
WHD
$3.69B
| $8.46M | 0.01% |
292,405
-697,349
| -70% | -$20.1M |
|
|
NATI
1383
DELISTED
National Instruments Corp
NATI
| $8.46M | 0.01% |
201,440
-449,276
| -69% | -$19.3M |
|
|
NXRT
1384
NexPoint Residential Trust
NXRT
$686M
| $8.45M | 0.01% |
180,812
-5,956
| -3% | -$266K |
|
1385
Infosys
INFY
$50B
| $8.41M | 0.01% |
739,967
+637,445
| +622% | +$7.18M |
|
1386
Whirlpool
WHR
$2.49B
| $8.4M | 0.01% |
53,076
-26,474
| -33% | -$3.8M |
|
|
MDR
1387
DELISTED
McDermott International
MDR
| $8.4M | 0.01% |
4,161,198
+4,086,267
| +5,453% | +$25.1M |
|
1388
Microchip Technology
MCHP
$41.1B
| $8.38M | 0.01% |
180,378
-477,576
| -73% | -$21.7M |
|
1389
Turning Point Brands
TPB
$1.56B
| $8.37M | 0.01% |
362,878
+309,252
| +577% | +$11.8M |
|
1390
State Street Financial Select Sector SPDR ETF
XLF
$57.4B
| $8.37M | 0.01% |
298,825
-112,732
| -27% | -$3.11M |
|
1391
Harmony Gold Mining
HMY
$9.7B
| $8.33M | 0.01% |
2,934,048
-1,338,329
| -31% | -$3.92M |
|
1392
Omnicell
OMCL
$1.96B
| $8.33M | 0.01% |
115,294
+56,997
| +98% | +$4.18M |
|
1393
CALL
Regeneron Pharmaceuticals
REGN
$72.9B
| $8.32M | 0.01% |
30,000
-30,000
| -50% | -$8.88M |
|
1394
PUT
Coca-Cola Europacific Partners
CCEP
$49.3B
| $8.32M | 0.01% |
150,000
-50,000
| -25% | -$2.79M |
|
1395
Ingevity
NGVT
$2.59B
| $8.3M | 0.01% |
97,873
-81,754
| -46% | -$7.28M |
|
|
STML
1396
DELISTED
Stemline Therapeutics, Inc.
STML
| $8.27M | 0.01% |
794,208
-119,968
| -13% | -$1.57M |
|
1397
DexCom
DXCM
$28.9B
| $8.26M | 0.01% |
221,316
-1,639,752
| -88% | -$63.7M |
|
1398
Textron
TXT
$15.6B
| $8.25M | 0.01% |
168,480
-208,406
| -55% | -$10.2M |
|
1399
CALL
Qiagen
QGEN
$8.72B
| $8.24M | 0.01% |
+235,764
| New | +$9.07M |
|
|
RAVN
1400
DELISTED
Raven Industries Inc
RAVN
| $8.23M | 0.01% |
245,877
+7,610
| +3% | +$256K |
|
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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.