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 |
Fortive
FTV
|
+$1.39B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1B |
| 3 |
Citigroup
C
|
+$332M |
| 4 |
Apple
AAPL
|
+$307M |
| 5 |
Oracle
ORCL
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$579M |
| 2 |
Electronic Arts
EA
|
+$233M |
| 3 |
Keurig Dr Pepper
KDP
|
+$215M |
| 4 |
APC
Anadarko Petroleum
APC
|
+$206M |
| 5 |
XL
XL Group Ltd.
XL
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.4% |
| 2 | Financials | 12.54% |
| 3 | Healthcare | 11.73% |
| 4 | Consumer Discretionary | 9.48% |
| 5 | Industrials | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ADAP
1401
CALL
DELISTED
Adaptimmune Therapeutics
ADAP
| $8.75M | 0.01% |
645,400
+550,000
| +577% | +$5.77M |
|
1402
Exelon
EXC
$48.4B
| $8.71M | 0.01% |
279,720
+101,147
| +57% | +$3.11M |
|
|
PTR
1403
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $8.71M | 0.01% |
106,968
-6,670
| -6% | -$497K |
|
1404
Brink's
BCO
$4.87B
| $8.71M | 0.01% |
124,854
+28,892
| +30% | +$2.23M |
|
1405
Acadia Pharmaceuticals
ACAD
$4.45B
| $8.69M | 0.01% |
418,743
-261,881
| -38% | -$4.12M |
|
1406
Abeona Therapeutics
ABEO
$343M
| $8.66M | 0.01% |
27,069
-11,525
| -30% | -$4.09M |
|
1407
Jack Henry & Associates
JKHY
$11.2B
| $8.65M | 0.01% |
54,054
+49,931
| +1,211% | +$7.34M |
|
|
ZOES
1408
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $8.62M | 0.01% |
+677,261
| New | +$7.72M |
|
1409
Vale
VALE
$62.6B
| $8.6M | 0.01% |
579,584
-3,573,106
| -86% | -$48.2M |
|
1410
Alamos Gold
AGI
$12.1B
| $8.59M | 0.01% |
1,863,543
+851,119
| +84% | +$4.19M |
|
1411
Tilly's
TLYS
$118M
| $8.57M | 0.01% |
452,216
+70,298
| +18% | +$1.21M |
|
1412
KRONOS Worldwide
KRO
$712M
| $8.54M | 0.01% |
525,670
+58,609
| +13% | +$1.2M |
|
1413
PUT
iShares MSCI South Korea ETF
EWY
$21.1B
| $8.53M | 0.01% |
+125,000
| New | +$8.27M |
|
1414
Coherus Oncology
CHRS
$222M
| $8.52M | 0.01% |
516,059
+12,454
| +2% | +$221K |
|
|
EPAY
1415
DELISTED
Bottomline Technologies Inc
EPAY
| $8.51M | 0.01% |
117,005
-124,332
| -52% | -$7.6M |
|
|
YMAB
1416
DELISTED
Y-mAbs Therapeutics
YMAB
| $8.5M | 0.01% |
+319,906
| New | +$8.13M |
|
1417
Allegion
ALLE
$13.7B
| $8.49M | 0.01% |
93,749
+70,758
| +308% | +$5.97M |
|
1418
CALL
Alkermes
ALKS
$8.42B
| $8.49M | 0.01% |
+200,000
| New | +$8.68M |
|
1419
ITT
ITT
$17.8B
| $8.49M | 0.01% |
138,530
+15,506
| +13% | +$895K |
|
1420
Liberty Broadband Class C
LBRDK
$4.72B
| $8.46M | 0.01% |
100,401
+79,218
| +374% | +$6.32M |
|
|
USCR
1421
DELISTED
U S Concrete, Inc.
USCR
| $8.46M | 0.01% |
184,603
+151,014
| +450% | +$7.59M |
|
1422
IQVIA
IQV
$40.5B
| $8.44M | 0.01% |
65,032
-1,271,537
| -95% | -$153M |
|
|
CTWS
1423
DELISTED
Connecticut Water Service Inc
CTWS
| $8.44M | 0.01% |
121,618
+116,043
| +2,081% | +$7.81M |
|
1424
Central Garden & Pet Co
CENT
$2.78B
| $8.42M | 0.01% |
292,039
+169,098
| +138% | +$5.55M |
|
1425
Cohu
COHU
$2B
| $8.42M | 0.01% |
+335,308
| New | +$8.38M |
|
Similar funds
Millennium Management's Q3 2018 Portfolio in Review
As of Q3 2018, Millennium Management held 4,590 positions worth $81.6B, up 6.4% from $76.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Millennium Management's Q3 2018 filing shows 841 new, 1,291 increased, 1,638 reduced and 748 closed positions. Its largest new stake was Fortive: 27,116,929 shares worth $1.44B. The largest sale was Altaba Inc, an estimated $579M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q3 2018 buy was Fortive: 27,116,929 shares worth $1.44B.
- Millennium Management added most to Andeavor in Q3 2018, an estimated $1B increase.
- Millennium Management's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $579M.
- Millennium Management fully exited XL Group Ltd. in Q3 2018, selling an estimated $190M.
- Millennium Management's ten largest holdings make up 10% of its $81.6B portfolio in Q3 2018.
- Millennium Management opened 841 new positions and closed 748 in Q3 2018.
- Millennium Management's portfolio value rose 6.4% quarter-over-quarter to $81.6B.
Based on Millennium Management's 13F filing for Q3 2018, filed 14 Nov 2018.