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 | |
|---|---|---|---|---|---|---|
1651
PUT
United Rentals
URI
$67.9B
| $5.92M | 0.01% |
47,500
-17,400
| -27% | -$2.11M |
|
|
STAY
1652
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $5.89M | 0.01% |
402,174
+297,002
| +282% | +$4.53M |
|
1653
Champion Homes
SKY
$4.58B
| $5.88M | 0.01% |
195,552
+108,533
| +125% | +$3.14M |
|
1654
Consolidated Edison
ED
$41.3B
| $5.88M | 0.01% |
62,255
-538,655
| -90% | -$47.8M |
|
1655
PNC Financial Services
PNC
$100B
| $5.88M | 0.01% |
41,955
-562,676
| -93% | -$76.3M |
|
1656
Clean Harbors
CLH
$16B
| $5.87M | 0.01% |
76,058
-251,217
| -77% | -$18.6M |
|
|
HEES
1657
DELISTED
H&E Equipment Services
HEES
| $5.87M | 0.01% |
203,325
-66,260
| -25% | -$1.79M |
|
|
VNE
1658
DELISTED
Veoneer, Inc.
VNE
| $5.87M | 0.01% |
391,349
-1,841
| -0.5% | -$29.9K |
|
1659
Etsy
ETSY
$8.21B
| $5.86M | 0.01% |
103,805
-981,002
| -90% | -$57.7M |
|
|
FTCH
1660
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $5.85M | 0.01% |
677,023
-1,379,844
| -67% | -$19.8M |
|
1661
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $5.84M | 0.01% |
245,000
| – | – |
|
|
BEST
1662
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $5.84M | 0.01% |
55,330
+21,491
| +64% | +$2.15M |
|
1663
Varonis Systems
VRNS
$5.13B
| $5.83M | 0.01% |
292,521
-476,991
| -62% | -$10.6M |
|
1664
First Busey Corp
BUSE
$2.56B
| $5.83M | 0.01% |
230,432
-60,477
| -21% | -$1.55M |
|
|
PGTI
1665
DELISTED
PGT, Inc.
PGTI
| $5.81M | 0.01% |
336,663
-400,815
| -54% | -$6.3M |
|
|
SA
1666
Seabridge Gold
SA
$2.69B
| $5.8M | 0.01% |
457,947
+179,864
| +65% | +$2.56M |
|
|
TWTR
1667
DELISTED
Twitter, Inc.
TWTR
| $5.78M | 0.01% |
140,368
-1,198,942
| -90% | -$49M |
|
1668
Installed Building Products
IBP
$6.47B
| $5.78M | 0.01% |
100,751
+36,777
| +57% | +$2.07M |
|
1669
Cummins
CMI
$88.5B
| $5.77M | 0.01% |
35,494
-84,084
| -70% | -$13.5M |
|
1670
Antero Midstream
AM
$10.3B
| $5.77M | 0.01% |
779,955
+669,140
| +604% | +$5.78M |
|
1671
Twilio
TWLO
$29.5B
| $5.76M | 0.01% |
52,423
+13,951
| +36% | +$1.81M |
|
1672
Domino's
DPZ
$11.6B
| $5.76M | 0.01% |
23,553
-304,729
| -93% | -$75.5M |
|
|
MNDT
1673
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $5.76M | 0.01% |
431,570
-94,818
| -18% | -$1.35M |
|
1674
Boise Cascade
BCC
$2.83B
| $5.75M | 0.01% |
176,552
-307,067
| -63% | -$9M |
|
1675
Celanese
CE
$4.77B
| $5.73M | 0.01% |
46,890
-37,140
| -44% | -$4.18M |
|
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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.