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 |
Keurig Dr Pepper
KDP
|
+$870M |
| 2 |
Amazon
AMZN
|
+$319M |
| 3 |
Automatic Data Processing
ADP
|
+$216M |
| 4 |
Evergy
EVRG
|
+$214M |
| 5 |
Chevron
CVX
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$296M |
| 2 |
Mondelez International
MDLZ
|
+$235M |
| 3 |
Abbott
ABT
|
+$229M |
| 4 |
Lam Research
LRCX
|
+$189M |
| 5 |
American International
AIG
|
+$170M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.4% |
| 2 | Technology | 12.15% |
| 3 | Healthcare | 11.42% |
| 4 | Consumer Discretionary | 9.57% |
| 5 | Industrials | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
American Public Education
APEI
$909M
| $5.94M | 0.01% |
141,163
+92,983
| +193% | +$3.89M |
|
|
BHR
1677
Braemar Hotels & Resorts
BHR
$155M
| $5.94M | 0.01% |
525,265
-420,112
| -44% | -$4.4M |
|
1678
iShares Core S&P 500 ETF
IVV
$881B
| $5.94M | 0.01% |
21,748
-23,736
| -52% | -$6.46M |
|
1679
Rapid7
RPD
$666M
| $5.93M | 0.01% |
210,156
-252,010
| -55% | -$7.5M |
|
1680
PUT
Expedia Group
EXPE
$36.3B
| $5.92M | 0.01% |
+49,300
| New | +$5.69M |
|
1681
Vanguard Morningstar Total Stock Market ETF
VTI
$668B
| $5.9M | 0.01% |
42,005
-1,737
| -4% | -$242K |
|
1682
Wolverine World Wide
WWW
$1.65B
| $5.89M | 0.01% |
169,326
-320,663
| -65% | -$10.4M |
|
|
WAGE
1683
DELISTED
WageWorks, Inc.
WAGE
| $5.88M | 0.01% |
117,634
-616,256
| -84% | -$28.1M |
|
|
LSI
1684
DELISTED
Life Storage, Inc.
LSI
| $5.88M | 0.01% |
90,624
-10,785
| -11% | -$652K |
|
1685
CALL
Meta Platforms (Facebook)
META
$1.5T
| $5.87M | 0.01% |
30,200
-272,800
| -90% | -$49.3M |
|
|
MXIM
1686
CALL
DELISTED
Maxim Integrated Products
MXIM
| $5.87M | 0.01% |
+100,000
| New | +$5.82M |
|
|
SOGO
1687
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
| $5.86M | 0.01% |
+512,674
| New | +$5.11M |
|
|
TGI
1688
DELISTED
Triumph Group
TGI
| $5.86M | 0.01% |
+298,844
| New | +$6.92M |
|
1689
nVent Electric
NVT
$26B
| $5.85M | 0.01% |
+232,932
| New | +$6.06M |
|
1690
CALL
JD.com
JD
$44.6B
| $5.84M | 0.01% |
+150,000
| New | +$5.78M |
|
|
ISCA
1691
DELISTED
International Speedway Corp
ISCA
| $5.84M | 0.01% |
130,707
-112,978
| -46% | -$4.78M |
|
|
NVO
1692
Novo Nordisk
NVO
$205B
| $5.84M | 0.01% |
253,336
+151,912
| +150% | +$3.61M |
|
1693
Pan American Silver
PAAS
$18.3B
| $5.83M | 0.01% |
325,811
-1,777,768
| -85% | -$30.6M |
|
|
BREW
1694
DELISTED
Craft Brew Alliance, Inc.
BREW
| $5.83M | 0.01% |
282,429
-17,839
| -6% | -$348K |
|
1695
MetLife
MET
$61.9B
| $5.82M | 0.01% |
133,510
-391,680
| -75% | -$18.3M |
|
1696
Charter Communications
CHTR
$17.7B
| $5.82M | 0.01% |
19,835
-326,986
| -94% | -$94M |
|
|
UXIN
1697
Uxin Ltd
UXIN
$310M
| $5.81M | 0.01% |
+6,424
| New | +$6.1M |
|
|
DOOR
1698
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $5.81M | 0.01% |
80,817
-351,691
| -81% | -$23M |
|
1699
CALL
Biogen
BIIB
$29.9B
| $5.8M | 0.01% |
20,000
-55,000
| -73% | -$15.5M |
|
1700
Century Aluminum
CENX
$4.44B
| $5.8M | 0.01% |
368,301
-61,428
| -14% | -$1.04M |
|
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Millennium Management's Q2 2018 Portfolio in Review
As of Q2 2018, Millennium Management held 4,494 positions worth $76.7B, up 2.3% from $74.9B the previous quarter. Its ten largest holdings account for 7.3% of the portfolio.
Millennium Management's Q2 2018 filing shows 911 new, 1,261 increased, 1,542 reduced and 746 closed positions. Its largest new stake was Evergy: 3,989,462 shares worth $224M. The largest sale was Bank of America, an estimated $296M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
- Millennium Management's largest Q2 2018 buy was Evergy: 3,989,462 shares worth $224M.
- Millennium Management added most to Keurig Dr Pepper in Q2 2018, an estimated $870M increase.
- Millennium Management's biggest Q2 2018 reduction was Bank of America, cutting an estimated $296M.
- Millennium Management fully exited American International in Q2 2018, selling an estimated $170M.
- Millennium Management's ten largest holdings make up 7.3% of its $76.7B portfolio in Q2 2018.
- Millennium Management opened 911 new positions and closed 746 in Q2 2018.
- Millennium Management's portfolio value rose 2.3% quarter-over-quarter to $76.7B.
Based on Millennium Management's 13F filing for Q2 2018, filed 14 Aug 2018.