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 | |
|---|---|---|---|---|---|---|
1426
Microvast
MVST
$256M
| $7.92M | 0.01% |
808,090
+3,800
| +0.5% | +$37.6K |
|
1427
CALL
American Express
AXP
$227B
| $7.9M | 0.01% |
66,800
+10,600
| +19% | +$1.3M |
|
1428
iShares MSCI Mexico ETF
EWW
$1.92B
| $7.88M | 0.01% |
184,369
-54,773
| -23% | -$2.29M |
|
|
WRI
1429
DELISTED
Weingarten Realty Investors
WRI
| $7.88M | 0.01% |
270,364
+258,228
| +2,128% | +$7.13M |
|
|
JHG
1430
DELISTED
Janus Henderson
JHG
| $7.87M | 0.01% |
350,448
-117,281
| -25% | -$2.44M |
|
|
EQC
1431
DELISTED
Equity Commonwealth
EQC
| $7.87M | 0.01% |
229,815
+185,409
| +418% | +$6.23M |
|
1432
The RealReal
REAL
$1.44B
| $7.87M | 0.01% |
351,943
+30,862
| +10% | +$620K |
|
1433
Shenandoah Telecom
SHEN
$655M
| $7.87M | 0.01% |
247,672
+113,880
| +85% | +$3.99M |
|
1434
Mercer International
MERC
$45.6M
| $7.86M | 0.01% |
626,522
+57,119
| +10% | +$721K |
|
1435
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $7.84M | 0.01% |
90,000
-3,760,000
| -98% | -$327M |
|
1436
PUT
CarMax
KMX
$8.36B
| $7.84M | 0.01% |
89,100
+69,100
| +346% | +$5.93M |
|
1437
FTI Consulting
FCN
$5.04B
| $7.84M | 0.01% |
73,934
+12,736
| +21% | +$1.3M |
|
1438
Wayfair
W
$12.5B
| $7.83M | 0.01% |
69,861
-46,778
| -40% | -$5.99M |
|
1439
AbbVie
ABBV
$465B
| $7.82M | 0.01% |
103,301
-687,799
| -87% | -$47.2M |
|
1440
OceanFirst Financial
OCFC
$1.74B
| $7.81M | 0.01% |
330,899
+122,594
| +59% | +$2.85M |
|
1441
Cable One
CABO
$249M
| $7.81M | 0.01% |
6,222
+5,684
| +1,057% | +$7.06M |
|
1442
PUT
Pfizer
PFE
$144B
| $7.8M | 0.01% |
228,823
-531,322
| -70% | -$19.3M |
|
|
NGD
1443
DELISTED
New Gold Inc
NGD
| $7.79M | 0.01% |
7,717,798
+5,364,808
| +228% | +$6.52M |
|
1444
CALL
American Airlines Group
AAL
$10.2B
| $7.77M | 0.01% |
+288,200
| New | +$8.43M |
|
|
SGI
1445
Somnigroup International
SGI
$15.2B
| $7.75M | 0.01% |
401,824
-1,480,928
| -79% | -$28.4M |
|
1446
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $7.75M | 0.01% |
76,180
+55,715
| +272% | +$5.66M |
|
|
WLL
1447
DELISTED
Whiting Petroleum Corporation
WLL
| $7.74M | 0.01% |
+12,856
| New | +$10.9M |
|
1448
Rollins
ROL
$18.8B
| $7.74M | 0.01% |
340,734
+276,781
| +433% | +$6.36M |
|
|
WBT
1449
DELISTED
Welbilt, Inc.
WBT
| $7.74M | 0.01% |
459,066
+298,530
| +186% | +$4.85M |
|
1450
TriCo Bancshares
TCBK
$1.85B
| $7.71M | 0.01% |
212,537
+121,737
| +134% | +$4.47M |
|
Similar funds
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.