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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.69% |
| 2 | Technology | 12.68% |
| 3 | Financials | 12.18% |
| 4 | Consumer Discretionary | 10.77% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LJPC
1626
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $4.62M | 0.01% |
+490,273
| New | +$7.38M |
|
|
MTSC
1627
DELISTED
MTS Systems Corp
MTSC
| $4.62M | 0.01% |
115,071
+85,872
| +294% | +$4.14M |
|
|
SPN
1628
DELISTED
Superior Energy Services, Inc.
SPN
| $4.62M | 0.01% |
137,822
-176,413
| -56% | -$12.3M |
|
1629
Sea Limited
SE
$65.8B
| $4.62M | 0.01% |
+407,803
| New | +$5.11M |
|
1630
CALL
Centene
CNC
$31.6B
| $4.61M | 0.01% |
+80,000
| New | +$5.36M |
|
1631
Kemper
KMPR
$1.82B
| $4.61M | 0.01% |
69,440
-220,372
| -76% | -$16.1M |
|
1632
Cavco Industries
CVCO
$4.54B
| $4.61M | 0.01% |
35,337
+19,434
| +122% | +$3.51M |
|
|
VIA
1633
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $4.6M | 0.01% |
123,837
-9,064
| -7% | -$377K |
|
|
BFX
1634
DELISTED
BowFlex Inc.
BFX
| $4.59M | 0.01% |
421,035
+377,377
| +864% | +$4.72M |
|
|
TRTX
1635
TPG RE Finance Trust
TRTX
$660M
| $4.58M | 0.01% |
250,632
+145,195
| +138% | +$2.84M |
|
1636
Banco Santander Chile
BSAC
$16B
| $4.57M | 0.01% |
152,849
+114,745
| +301% | +$3.5M |
|
|
LGF.A
1637
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $4.56M | 0.01% |
283,233
-11,908
| -4% | -$231K |
|
|
ORTX
1638
DELISTED
Orchard Therapeutics plc American Depositary Shares
ORTX
| $4.55M | 0.01% |
+28,953
| New | +$4.32M |
|
1639
PUT
Autodesk
ADSK
$50.1B
| $4.55M | 0.01% |
35,400
-15,000
| -30% | -$2.03M |
|
1640
Abercrombie & Fitch
ANF
$4.58B
| $4.55M | 0.01% |
226,834
+192,875
| +568% | +$3.61M |
|
1641
PUT
Oracle
ORCL
$346B
| $4.54M | 0.01% |
100,600
+79,100
| +368% | +$3.79M |
|
|
SEE
1642
CALL
DELISTED
Sealed Air
SEE
| $4.53M | 0.01% |
+130,000
| New | +$4.54M |
|
1643
e.l.f. Beauty
ELF
$4.96B
| $4.53M | 0.01% |
522,510
+502,593
| +2,523% | +$5.68M |
|
1644
CALL
Albemarle
ALB
$13.3B
| $4.52M | 0.01% |
+58,700
| New | +$5.54M |
|
1645
Middleby
MIDD
$6.11B
| $4.52M | 0.01% |
44,003
-80,226
| -65% | -$9.13M |
|
1646
Ionis Pharmaceuticals
IONS
$9.14B
| $4.51M | 0.01% |
83,478
-44,849
| -35% | -$2.29M |
|
1647
Old Dominion Freight Line
ODFL
$47.1B
| $4.51M | 0.01% |
109,620
-220,116
| -67% | -$9.75M |
|
|
ENIA
1648
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $4.48M | 0.01% |
502,452
+309,147
| +160% | +$2.54M |
|
1649
CALL
Avanos Medical
AVNS
| $4.48M | 0.01% |
100,000
+50,000
| +100% | +$2.62M |
|
|
CTRA
1650
PUT
DELISTED
Coterra Energy
CTRA
| $4.47M | 0.01% |
+200,000
| New | +$4.83M |
|
Similar funds
Millennium Management's Q4 2018 Portfolio in Review
As of Q4 2018, Millennium Management held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Millennium Management withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Millennium Management opened a new position in Athenahealth, Inc. worth $135M.
- Millennium Management's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Millennium Management added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Millennium Management's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Millennium Management fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Millennium Management's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Millennium Management opened 702 new positions and closed 844 in Q4 2018.
- Millennium Management's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.