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 | |
|---|---|---|---|---|---|---|
1526
CarMax
KMX
$8.36B
| $6.99M | 0.01% |
79,449
-596,903
| -88% | -$51.2M |
|
|
SNP
1527
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $6.99M | 0.01% |
119,049
+23,710
| +25% | +$1.47M |
|
1528
CALL
Chipotle Mexican Grill
CMG
$43B
| $6.97M | 0.01% |
+415,000
| New | +$6.62M |
|
|
CVGW
1529
DELISTED
Calavo Growers
CVGW
| $6.97M | 0.01% |
73,248
+64,122
| +703% | +$5.88M |
|
|
AMWD
1530
DELISTED
American Woodmark
AMWD
| $6.96M | 0.01% |
78,323
+72,622
| +1,274% | +$6M |
|
|
SGEN
1531
DELISTED
Seagen Inc. Common Stock
SGEN
| $6.95M | 0.01% |
81,329
+72,030
| +775% | +$5.28M |
|
1532
Ternium
TX
$9.68B
| $6.94M | 0.01% |
361,671
-230,156
| -39% | -$4.59M |
|
|
TPIC
1533
DELISTED
TPI Composites
TPIC
| $6.93M | 0.01% |
369,541
-328,453
| -47% | -$7.01M |
|
1534
Illinois Tool Works
ITW
$84.9B
| $6.93M | 0.01% |
+44,261
| New | +$6.72M |
|
|
CURO
1535
DELISTED
CURO Group Holdings Corp.
CURO
| $6.91M | 0.01% |
520,451
+205,516
| +65% | +$2.62M |
|
1536
Akamai
AKAM
$16.3B
| $6.91M | 0.01% |
75,601
-81,558
| -52% | -$7.08M |
|
1537
HUB Group
HUBG
$2.92B
| $6.91M | 0.01% |
297,100
-201,220
| -40% | -$4.27M |
|
1538
Agios Pharmaceuticals
AGIO
$2.14B
| $6.9M | 0.01% |
213,108
+169,566
| +389% | +$7.02M |
|
1539
C.H. Robinson
CHRW
$20B
| $6.89M | 0.01% |
+81,238
| New | +$6.83M |
|
1540
Dine Brands
DIN
$458M
| $6.88M | 0.01% |
+90,703
| New | +$7.43M |
|
|
MNRL
1541
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $6.88M | 0.01% |
345,478
-28,010
| -7% | -$577K |
|
1542
The RMR Group
RMR
$343M
| $6.84M | 0.01% |
150,494
-362,694
| -71% | -$17.1M |
|
|
I
1543
CALL
DELISTED
INTELSAT S. A.
I
| $6.84M | 0.01% |
300,000
+100,000
| +50% | +$2.11M |
|
1544
PUT
SLB Ltd
SLB
$74.2B
| $6.83M | 0.01% |
200,000
-12,900
| -6% | -$471K |
|
1545
iShares US Home Construction ETF
ITB
$2.41B
| $6.83M | 0.01% |
157,653
+129,539
| +461% | +$5.19M |
|
1546
Dorian LPG
LPG
$1.9B
| $6.83M | 0.01% |
658,882
+557,111
| +547% | +$5.45M |
|
1547
Graphic Packaging
GPK
$3.45B
| $6.8M | 0.01% |
460,923
-4,204,218
| -90% | -$59M |
|
|
AXNX
1548
DELISTED
Axonics, Inc. Common Stock
AXNX
| $6.8M | 0.01% |
252,540
+92,391
| +58% | +$3.22M |
|
1549
New Mountain Finance
NMFC
$668M
| $6.79M | 0.01% |
498,498
+60,676
| +14% | +$827K |
|
|
REVG
1550
DELISTED
REV Group
REVG
| $6.79M | 0.01% |
593,941
+282,728
| +91% | +$3.51M |
|
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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.