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 | |
|---|---|---|---|---|---|---|
1776
Minerva Neurosciences
NERV
$199M
| $5.07M | 0.01% |
81,822
-16,789
| -17% | -$951K |
|
1777
Oxford Industries
OXM
$613M
| $5.06M | 0.01% |
70,535
-222,764
| -76% | -$15.7M |
|
|
CARO
1778
DELISTED
Carolina Financial Corp.
CARO
| $5.05M | 0.01% |
142,088
-76,913
| -35% | -$2.68M |
|
1779
Capital Southwest
CSWC
$1.48B
| $5.05M | 0.01% |
231,542
+119,971
| +108% | +$2.59M |
|
|
RMG.U
1780
DELISTED
RMG Acquisition Corp.
RMG.U
| $5.04M | 0.01% |
500,000
| – | – |
|
1781
Costamare
CMRE
$1.86B
| $5.03M | 0.01% |
828,276
+635,427
| +329% | +$3.66M |
|
1782
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $5.03M | 0.01% |
130,035
+42,355
| +48% | +$1.63M |
|
1783
Descartes Systems
DSGX
$6.48B
| $5.02M | 0.01% |
124,596
+92,767
| +291% | +$3.43M |
|
|
ADN
1784
DELISTED
Advent Technologies
ADN
| $5.01M | 0.01% |
16,667
| – | – |
|
1785
Grupo Aeroportuario del Sureste
ASR
$8.14B
| $5M | 0.01% |
32,775
-47,178
| -59% | -$7.18M |
|
1786
Regional Management Corp
RM
$392M
| $4.99M | 0.01% |
177,264
+106,482
| +150% | +$2.85M |
|
|
DQ
1787
Daqo New Energy
DQ
$802M
| $4.99M | 0.01% |
+540,905
| New | +$4.94M |
|
|
BITA
1788
DELISTED
Bitauto Holdings Limited
BITA
| $4.99M | 0.01% |
333,038
-188,039
| -36% | -$2.3M |
|
1789
Herc Holdings
HRI
$4.95B
| $4.98M | 0.01% |
107,025
-97,093
| -48% | -$4.22M |
|
1790
CALL
Virgin Galactic
SPCE
$320M
| $4.97M | 0.01% |
+23,226
| New | +$4.86M |
|
1791
Cabot Corp
CBT
$4.7B
| $4.96M | 0.01% |
109,467
-96,816
| -47% | -$4.18M |
|
1792
CALL
Waters Corp
WAT
$37.7B
| $4.96M | 0.01% |
22,200
-28,800
| -56% | -$6.22M |
|
|
I
1793
DELISTED
INTELSAT S. A.
I
| $4.95M | 0.01% |
217,205
-108,424
| -33% | -$2.29M |
|
1794
WillScot Mobile Mini Holdings
WSC
$4.66B
| $4.95M | 0.01% |
317,752
+64,272
| +25% | +$963K |
|
|
DM
1795
DELISTED
Desktop Metal, Inc.
DM
| $4.93M | 0.01% |
50,000
| – | – |
|
1796
Addus HomeCare
ADUS
$2.23B
| $4.93M | 0.01% |
62,163
-14,314
| -19% | -$1.16M |
|
|
AIMC
1797
DELISTED
Altra Industrial Motion Corp
AIMC
| $4.92M | 0.01% |
177,560
+88,404
| +99% | +$2.53M |
|
1798
Gogo Inc
GOGO
$550M
| $4.91M | 0.01% |
814,662
-401,401
| -33% | -$1.89M |
|
|
KEM
1799
DELISTED
KEMET Corporation
KEM
| $4.91M | 0.01% |
+269,943
| New | +$5.09M |
|
|
LBAI
1800
DELISTED
Lakeland Bancorp Inc
LBAI
| $4.9M | 0.01% |
317,575
+66,826
| +27% | +$1.04M |
|
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'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.