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 | |
|---|---|---|---|---|---|---|
1401
Axos Financial
AX
$5.64B
| $8.21M | 0.01% |
297,116
+210,630
| +244% | +$5.67M |
|
1402
Telephone and Data Systems
TDS
$3.87B
| $8.2M | 0.01% |
317,920
-104,211
| -25% | -$2.91M |
|
1403
Solid Biosciences
SLDB
$785M
| $8.2M | 0.01% |
52,867
+14,447
| +38% | +$1.63M |
|
|
CSII
1404
DELISTED
Cardiovascular Systems, Inc.
CSII
| $8.2M | 0.01% |
172,524
+56,114
| +48% | +$2.64M |
|
1405
Vale
VALE
$62.6B
| $8.19M | 0.01% |
712,237
-3,096,646
| -81% | -$37.5M |
|
1406
EastGroup Properties
EGP
$11.3B
| $8.17M | 0.01% |
65,339
-245,872
| -79% | -$30M |
|
|
LMNX
1407
DELISTED
Luminex Corp
LMNX
| $8.16M | 0.01% |
395,171
+12,385
| +3% | +$258K |
|
1408
Azenta
AZTA
$1.33B
| $8.15M | 0.01% |
220,055
+181,535
| +471% | +$6.58M |
|
1409
Guardant Health
GH
$19B
| $8.14M | 0.01% |
127,599
-66,676
| -34% | -$5.87M |
|
1410
Unifirst Corp
UNF
$5.43B
| $8.1M | 0.01% |
41,508
-64,951
| -61% | -$12.6M |
|
1411
PUT
KKR & Co
KKR
$92.2B
| $8.05M | 0.01% |
+300,000
| New | +$7.91M |
|
1412
Koppers
KOP
$965M
| $8.05M | 0.01% |
275,684
-16,268
| -6% | -$451K |
|
1413
KRONOS Worldwide
KRO
$712M
| $8.03M | 0.01% |
649,207
+506,941
| +356% | +$6.29M |
|
1414
Axsome Therapeutics
AXSM
$12.1B
| $8.02M | 0.01% |
396,300
+6,784
| +2% | +$174K |
|
1415
PUT
Vistra
VST
$50.1B
| $8.02M | 0.01% |
+300,000
| New | +$7.14M |
|
|
FTACU
1416
DELISTED
FinTech Acquisition Corp. III Unit
FTACU
| $8M | 0.01% |
750,000
| – | – |
|
1417
Stewart Information Services
STC
$2.11B
| $8M | 0.01% |
206,177
-72,053
| -26% | -$2.68M |
|
1418
Fortuna Silver Mines
FSM
$2.55B
| $7.99M | 0.01% |
2,584,454
-220,273
| -8% | -$804K |
|
1419
Plexus
PLXS
$6.69B
| $7.97M | 0.01% |
127,563
+111,417
| +690% | +$6.61M |
|
1420
Abeona Therapeutics
ABEO
$343M
| $7.97M | 0.01% |
141,063
+3,129
| +2% | +$234K |
|
|
ATSG
1421
DELISTED
Air Transport Services Group
ATSG
| $7.96M | 0.01% |
378,715
+232,184
| +158% | +$5.07M |
|
1422
PUT
CBRE Group
CBRE
$43.1B
| $7.95M | 0.01% |
+150,000
| New | +$7.89M |
|
|
RTLR
1423
DELISTED
Rattler Midstream LP Common Units
RTLR
| $7.94M | 0.01% |
445,383
-264,161
| -37% | -$4.89M |
|
|
TRTX
1424
TPG RE Finance Trust
TRTX
$660M
| $7.93M | 0.01% |
399,941
-15,278
| -4% | -$301K |
|
|
DNR
1425
DELISTED
Denbury Resources, Inc.
DNR
| $7.93M | 0.01% |
6,666,175
+1,550,179
| +30% | +$1.79M |
|
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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.