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 | |
|---|---|---|---|---|---|---|
1751
BlackRock TCP Capital
TCPC
$274M
| $5.24M | 0.01% |
367,866
-44,893
| -11% | -$657K |
|
|
CONE
1752
DELISTED
CyrusOne Inc Common Stock
CONE
| $5.23M | 0.01% |
82,436
-365,537
| -82% | -$23.7M |
|
1753
Modine Manufacturing
MOD
$11B
| $5.22M | 0.01% |
350,329
-489,375
| -58% | -$8.32M |
|
1754
Arrowhead Research
ARWR
$12.1B
| $5.21M | 0.01% |
+272,061
| New | +$4.46M |
|
1755
SL Green Realty
SLG
$3.77B
| $5.21M | 0.01% |
55,135
-54,751
| -50% | -$5.41M |
|
|
CZZ
1756
DELISTED
Cosan Limited
CZZ
| $5.19M | 0.01% |
771,674
-821,432
| -52% | -$6.06M |
|
|
EXTN
1757
DELISTED
Exterran Corporation
EXTN
| $5.18M | 0.01% |
195,116
-56,631
| -22% | -$1.52M |
|
1758
Herc Holdings
HRI
$4.95B
| $5.17M | 0.01% |
101,021
-273,233
| -73% | -$14.8M |
|
1759
QuinStreet
QNST
$916M
| $5.16M | 0.01% |
380,441
+222,535
| +141% | +$3.15M |
|
1760
ONE Gas
OGS
$5.06B
| $5.15M | 0.01% |
62,630
-27,156
| -30% | -$2.13M |
|
1761
Andersons Inc
ANDE
$2.49B
| $5.14M | 0.01% |
136,656
-75,904
| -36% | -$2.86M |
|
|
WBC
1762
DELISTED
WABCO HOLDINGS INC.
WBC
| $5.14M | 0.01% |
43,566
-598,803
| -93% | -$72.3M |
|
1763
Cooper Companies
COO
$14.1B
| $5.13M | 0.01% |
74,052
+40,760
| +122% | +$2.62M |
|
1764
CALL
Cardinal Health
CAH
$54.5B
| $5.13M | 0.01% |
+95,000
| New | +$4.86M |
|
1765
CALL
iShares MSCI Mexico ETF
EWW
$1.92B
| $5.12M | 0.01% |
+100,000
| New | +$5.06M |
|
1766
AppFolio
APPF
$6.31B
| $5.12M | 0.01% |
+65,338
| New | +$4.94M |
|
1767
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $5.12M | 0.01% |
46,363
+31,133
| +204% | +$3.44M |
|
|
FLIC
1768
DELISTED
First of Long Island Corp
FLIC
| $5.11M | 0.01% |
235,076
+109,708
| +88% | +$2.51M |
|
|
PARA
1769
CALL
DELISTED
Paramount Global Class B
PARA
| $5.11M | 0.01% |
89,000
| – | – |
|
|
TSC
1770
DELISTED
TriState Capital Holdings, Inc.
TSC
| $5.11M | 0.01% |
184,956
-65,860
| -26% | -$1.88M |
|
|
PSDO
1771
DELISTED
Presidio, Inc. Common Stock
PSDO
| $5.1M | 0.01% |
+334,607
| New | +$4.96M |
|
|
B
1772
DELISTED
Barnes Group Inc.
B
| $5.1M | 0.01% |
71,795
-86,422
| -55% | -$5.72M |
|
1773
Coty
COTY
$2.45B
| $5.09M | 0.01% |
+405,514
| New | +$5.25M |
|
1774
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $5.09M | 0.01% |
99,789
+18,721
| +23% | +$954K |
|
1775
Delek US
DK
$3.85B
| $5.09M | 0.01% |
119,934
-2,135,551
| -95% | -$105M |
|
Similar funds
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.