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 | Miscellaneous | 28.11% |
| 2 | Healthcare | 11.62% |
| 3 | Financials | 10.42% |
| 4 | Technology | 9.63% |
| 5 | Consumer Discretionary | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Comcast
CMCSA
$88.3B
| $81.9M | 0.13% |
1,817,095
-1,249,606
| -41% | -$55.4M |
|
152
CoStar Group
CSGP
$12.8B
| $81.9M | 0.13% |
1,380,660
+1,085,730
| +368% | +$65M |
|
153
CALL
JPMorgan Chase
JPM
$931B
| $81.6M | 0.13% |
693,600
+470,200
| +210% | +$53.2M |
|
|
MLNX
154
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $81.4M | 0.13% |
743,186
-16,177
| -2% | -$1.79M |
|
155
NVIDIA
NVDA
$5.09T
| $81.4M | 0.13% |
18,705,760
+10,676,240
| +133% | +$44.9M |
|
|
WPX
156
DELISTED
WPX Energy, Inc.
WPX
| $81M | 0.13% |
7,649,319
+1,657,039
| +28% | +$17.5M |
|
157
Delta Air Lines
DAL
$52.5B
| $80.5M | 0.13% |
1,397,151
-2,129,536
| -60% | -$126M |
|
158
PUT
Micron Technology
MU
$1.04T
| $80.2M | 0.13% |
1,872,700
+387,500
| +26% | +$17.5M |
|
159
Bankunited
BKU
$3.17B
| $80.1M | 0.13% |
2,382,573
-452,014
| -16% | -$14.8M |
|
160
PUT
Broadcom
AVGO
$1.65T
| $80.1M | 0.13% |
2,901,000
+220,000
| +8% | +$6.26M |
|
161
EOG Resources
EOG
$77.9B
| $79.8M | 0.13% |
1,075,684
-859,858
| -44% | -$69.7M |
|
162
Genpact
G
$6.12B
| $79.8M | 0.13% |
2,058,863
-609,828
| -23% | -$24.2M |
|
163
PUT
Visa
V
$701B
| $78.9M | 0.12% |
+458,800
| New | +$81.7M |
|
164
PUT
Chevron
CVX
$416B
| $78.9M | 0.12% |
665,400
+561,400
| +540% | +$68.2M |
|
165
Evercore
EVR
$10.6B
| $78.9M | 0.12% |
984,751
-242,033
| -20% | -$20.1M |
|
166
CALL
iShares Silver Trust
SLV
$30.6B
| $78.8M | 0.12% |
+4,950,000
| New | +$78.7M |
|
167
Matador Resources
MTDR
$7.57B
| $78.4M | 0.12% |
4,745,138
-862,086
| -15% | -$14.4M |
|
168
O'Reilly Automotive
ORLY
$70.6B
| $77.9M | 0.12% |
2,932,455
+2,889,780
| +6,772% | +$74.6M |
|
169
General Motors
GM
$76.5B
| $77.7M | 0.12% |
2,073,103
+1,496,774
| +260% | +$57.6M |
|
170
Kroger
KR
$36.3B
| $77.5M | 0.12% |
3,005,513
+2,237,186
| +291% | +$52.1M |
|
171
FedEx
FDX
$74B
| $77.3M | 0.12% |
531,046
+304,879
| +135% | +$49.2M |
|
|
172
PUT
Comcast
CMCSA
$88.3B
| $77.1M | 0.12% |
1,710,200
-236,200
| -12% | -$10.5M |
|
|
173
CALL
NVIDIA
NVDA
$5.09T
| $77M | 0.12% |
17,700,000
+11,384,000
| +180% | +$47.9M |
|
174
Estee Lauder
EL
$35.5B
| $76.7M | 0.12% |
+385,371
| New | +$73.7M |
|
175
CALL
Invesco QQQ Trust
QQQ
$477B
| $76.7M | 0.12% |
406,000
-929,900
| -70% | -$176M |
|
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 withdrew a net $4.18B in Q3 2019, closing 727 positions and reducing 1,651 holdings. Its most notable exit was Worldpay, Inc., an estimated $429M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 28% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in L3Harris worth $288M.
- 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.