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 |
Fortive
FTV
|
+$1.39B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1B |
| 3 |
Citigroup
C
|
+$332M |
| 4 |
Apple
AAPL
|
+$307M |
| 5 |
Oracle
ORCL
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$579M |
| 2 |
Electronic Arts
EA
|
+$233M |
| 3 |
Keurig Dr Pepper
KDP
|
+$215M |
| 4 |
APC
Anadarko Petroleum
APC
|
+$206M |
| 5 |
XL
XL Group Ltd.
XL
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.4% |
| 2 | Financials | 12.54% |
| 3 | Healthcare | 11.73% |
| 4 | Consumer Discretionary | 9.48% |
| 5 | Industrials | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
Alamo Group
ALG
$2B
| $5.43M | 0.01% |
59,295
+51,074
| +621% | +$4.8M |
|
1727
State Street Utilities Select Sector SPDR ETF
XLU
$23.4B
| $5.43M | 0.01% |
+206,284
| New | +$5.48M |
|
1728
Hudbay
HBM
$9.67B
| $5.42M | 0.01% |
1,073,902
-409,766
| -28% | -$2.03M |
|
1729
Evolus
EOLS
$410M
| $5.41M | 0.01% |
+290,427
| New | +$6.29M |
|
|
YI
1730
111 Inc
YI
$34.7M
| $5.4M | 0.01% |
+39,960
| New | +$5.59M |
|
1731
PUT
Cardinal Health
CAH
$54.5B
| $5.4M | 0.01% |
+100,000
| New | +$5.12M |
|
|
SPTN
1732
DELISTED
SpartanNash
SPTN
| $5.4M | 0.01% |
269,162
-55,364
| -17% | -$1.26M |
|
|
INVX
1733
Innovex International
INVX
$1.79B
| $5.39M | 0.01% |
103,132
-225,217
| -69% | -$11.7M |
|
|
LCI
1734
DELISTED
Lannett Company, Inc.
LCI
| $5.38M | 0.01% |
+283,191
| New | +$10.8M |
|
1735
Zai Lab
ZLAB
$2.1B
| $5.36M | 0.01% |
275,146
-108,739
| -28% | -$2.36M |
|
1736
Matrix Service
MTRX
$324M
| $5.35M | 0.01% |
216,927
+63,930
| +42% | +$1.35M |
|
1737
CALL
A.O. Smith
AOS
$8.82B
| $5.34M | 0.01% |
+100,000
| New | +$5.87M |
|
1738
Valmont Industries
VMI
$9.33B
| $5.33M | 0.01% |
38,503
-14,885
| -28% | -$2.1M |
|
1739
iShares Core US Aggregate Bond ETF
AGG
$138B
| $5.33M | 0.01% |
50,514
-21,690
| -30% | -$2.3M |
|
1740
AMC Entertainment Holdings
AMC
$2.38B
| $5.33M | 0.01% |
26,002
-53,193
| -67% | -$9.62M |
|
1741
CALL
Stryker
SYK
$133B
| $5.33M | 0.01% |
30,000
-85,000
| -74% | -$14.5M |
|
1742
America Movil
AMX
$77.2B
| $5.33M | 0.01% |
+331,735
| New | +$5.6M |
|
|
PCMI
1743
DELISTED
PCM, Inc
PCMI
| $5.32M | 0.01% |
272,174
+184,984
| +212% | +$3.78M |
|
1744
Dentsply Sirona
XRAY
$2.7B
| $5.32M | 0.01% |
140,830
+73,113
| +108% | +$3.04M |
|
|
ATTU
1745
DELISTED
Attunity Ltd
ATTU
| $5.3M | 0.01% |
280,710
+198,877
| +243% | +$3.38M |
|
1746
First Trust Dow Jones Internet Index Fund ETF
FDN
$5B
| $5.29M | 0.01% |
+37,394
| New | +$5.3M |
|
1747
Intrepid Potash
IPI
$474M
| $5.29M | 0.01% |
147,333
-18,988
| -11% | -$695K |
|
1748
Worthington Enterprises
WOR
$2.82B
| $5.29M | 0.01% |
+197,835
| New | +$5.56M |
|
1749
CALL
J.M. Smucker
SJM
$13.2B
| $5.25M | 0.01% |
+51,200
| New | +$5.59M |
|
1750
Roper Technologies
ROP
$38.7B
| $5.25M | 0.01% |
17,713
-93,501
| -84% | -$27.6M |
|
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Millennium Management's Q3 2018 Portfolio in Review
As of Q3 2018, Millennium Management held 4,590 positions worth $81.6B, up 6.4% from $76.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Millennium Management's Q3 2018 filing shows 841 new, 1,291 increased, 1,638 reduced and 748 closed positions. Its largest new stake was Fortive: 27,116,929 shares worth $1.44B. The largest sale was Altaba Inc, an estimated $579M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q3 2018 buy was Fortive: 27,116,929 shares worth $1.44B.
- Millennium Management added most to Andeavor in Q3 2018, an estimated $1B increase.
- Millennium Management's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $579M.
- Millennium Management fully exited XL Group Ltd. in Q3 2018, selling an estimated $190M.
- Millennium Management's ten largest holdings make up 10% of its $81.6B portfolio in Q3 2018.
- Millennium Management opened 841 new positions and closed 748 in Q3 2018.
- Millennium Management's portfolio value rose 6.4% quarter-over-quarter to $81.6B.
Based on Millennium Management's 13F filing for Q3 2018, filed 14 Nov 2018.