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 | |
|---|---|---|---|---|---|---|
1426
Heartland Express
HTLD
$1.04B
| $8.41M | 0.01% |
+426,515
| New | +$8.47M |
|
1427
Laureate Education
LAUR
$5.28B
| $8.41M | 0.01% |
544,975
-796,469
| -59% | -$12.3M |
|
1428
Vera Bradley
VRA
$104M
| $8.4M | 0.01% |
550,679
+419,253
| +319% | +$6.12M |
|
|
SEND
1429
DELISTED
SendGrid, Inc.
SEND
| $8.39M | 0.01% |
228,123
-32,981
| -13% | -$1.04M |
|
1430
Toro Company
TTC
$9.08B
| $8.38M | 0.01% |
139,801
+27,160
| +24% | +$1.65M |
|
|
IVC
1431
DELISTED
Invacare Corporation
IVC
| $8.38M | 0.01% |
576,069
-813,761
| -59% | -$13.5M |
|
|
TWO
1432
Two Harbors Investment
TWO
$1.27B
| $8.35M | 0.01% |
139,791
+66,025
| +90% | +$4.11M |
|
1433
iShares Russell 1000 ETF
IWB
$47.9B
| $8.34M | 0.01% |
51,576
+7,545
| +17% | +$1.2M |
|
|
ERUS
1434
DELISTED
iShares MSCI Russia ETF
ERUS
| $8.33M | 0.01% |
236,679
+132,139
| +126% | +$4.38M |
|
1435
Urban Edge Properties
UE
$2.92B
| $8.28M | 0.01% |
375,134
-368,935
| -50% | -$8.31M |
|
1436
Diodes
DIOD
$3.69B
| $8.28M | 0.01% |
248,787
-53,704
| -18% | -$1.94M |
|
|
AGR
1437
DELISTED
Avangrid, Inc.
AGR
| $8.23M | 0.01% |
171,819
-175,211
| -50% | -$8.83M |
|
|
KAMN
1438
DELISTED
Kaman Corp
KAMN
| $8.23M | 0.01% |
123,301
-49,993
| -29% | -$3.31M |
|
1439
Movado Group
MOV
$846M
| $8.21M | 0.01% |
196,065
-36,715
| -16% | -$1.72M |
|
|
RCM
1440
DELISTED
R1 RCM Inc. Common Stock
RCM
| $8.21M | 0.01% |
808,206
-336,620
| -29% | -$3.07M |
|
|
MOR
1441
DELISTED
MorphoSys AG American Depositary Shares
MOR
| $8.21M | 0.01% |
307,534
-24,576
| -7% | -$739K |
|
1442
Upland Software
UPLD
$14.4M
| $8.2M | 0.01% |
25,382
+15,162
| +148% | +$5.25M |
|
1443
PUT
Seagate
STX
$169B
| $8.2M | 0.01% |
+173,100
| New | +$9.25M |
|
|
EMBJ
1444
Embraer S.A. ADS
EMBJ
$12.3B
| $8.2M | 0.01% |
418,338
+171,590
| +70% | +$3.47M |
|
1445
Pan American Silver
PAAS
$18.2B
| $8.18M | 0.01% |
554,184
+228,373
| +70% | +$3.65M |
|
1446
Metallus
MTUS
$879M
| $8.15M | 0.01% |
548,409
+402,633
| +276% | +$6.04M |
|
|
RETA
1447
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $8.14M | 0.01% |
99,542
+90,761
| +1,034% | +$6.4M |
|
|
NTRI
1448
DELISTED
NutriSystem, Inc.
NTRI
| $8.13M | 0.01% |
219,347
-936,184
| -81% | -$36.2M |
|
1449
Seacoast Banking Corp of Florida
SBCF
$3.27B
| $8.12M | 0.01% |
278,192
+26,194
| +10% | +$811K |
|
1450
OSI Systems
OSIS
$3.64B
| $8.12M | 0.01% |
106,436
-47,608
| -31% | -$3.7M |
|
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.