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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.69% |
| 2 | Technology | 12.68% |
| 3 | Financials | 12.18% |
| 4 | Consumer Discretionary | 10.77% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BKS
1801
DELISTED
Barnes & Noble
BKS
| $3.6M | 0.01% |
+507,072
| New | +$3.39M |
|
1802
OraSure Technologies
OSUR
$273M
| $3.59M | 0.01% |
307,434
-997,825
| -76% | -$13.3M |
|
1803
CALL
State Street Financial Select Sector SPDR ETF
XLF
$56.5B
| $3.58M | 0.01% |
150,400
+94,400
| +169% | +$2.45M |
|
|
USWS
1804
DELISTED
U.S. Well Services, Inc. Class A Common Stock
USWS
| $3.56M | 0.01% |
+26,096
| New | +$4.84M |
|
|
AHT
1805
Ashford Hospitality Trust
AHT
$20.8M
| $3.56M | 0.01% |
901
+378
| +72% | +$1.89M |
|
1806
InterDigital
IDCC
$6.75B
| $3.56M | 0.01% |
+53,540
| New | +$3.9M |
|
1807
Tennant Co
TNC
$1.44B
| $3.56M | 0.01% |
68,229
+16,267
| +31% | +$993K |
|
1808
The Bancorp
TBBK
$2.81B
| $3.55M | 0.01% |
446,184
+186,015
| +71% | +$1.74M |
|
1809
Braskem
BAK
$901M
| $3.55M | 0.01% |
144,972
+83,299
| +135% | +$2.26M |
|
1810
PagSeguro Digital
PAGS
$2.67B
| $3.54M | 0.01% |
188,751
-680,436
| -78% | -$16.7M |
|
|
BXG
1811
DELISTED
Bluegreen Vacations Corporation Common Stock
BXG
| $3.53M | 0.01% |
273,073
-43,791
| -14% | -$590K |
|
1812
BWX Technologies
BWXT
$14.4B
| $3.53M | 0.01% |
+92,254
| New | +$4.58M |
|
1813
STAG Industrial
STAG
$7.44B
| $3.52M | 0.01% |
141,523
-518,514
| -79% | -$13.6M |
|
1814
Gentex
GNTX
$5.1B
| $3.52M | 0.01% |
174,100
-1,670,718
| -91% | -$35M |
|
|
VNE
1815
DELISTED
Veoneer, Inc.
VNE
| $3.52M | 0.01% |
149,200
-302,223
| -67% | -$10.6M |
|
1816
SolarEdge
SEDG
$2.37B
| $3.52M | 0.01% |
100,176
-218,324
| -69% | -$8.36M |
|
|
EQC
1817
DELISTED
Equity Commonwealth
EQC
| $3.51M | 0.01% |
+117,009
| New | +$3.56M |
|
|
DOO
1818
Bombardier Recreational Products
DOO
$4.48B
| $3.51M | 0.01% |
135,267
-153,354
| -53% | -$5.54M |
|
1819
Franklin Electric
FELE
$4.66B
| $3.49M | 0.01% |
81,377
+57,511
| +241% | +$2.49M |
|
1820
Rio Tinto
RIO
$152B
| $3.48M | 0.01% |
71,824
-374,897
| -84% | -$18.3M |
|
1821
Walmart Inc
WMT
$909B
| $3.48M | 0.01% |
111,939
-6,723,819
| -98% | -$216M |
|
1822
CALL
Tyson Foods
TSN
$21.5B
| $3.47M | 0.01% |
65,000
+40,000
| +160% | +$2.35M |
|
1823
Criteo
CRTO
$1.14B
| $3.47M | 0.01% |
152,750
-395,092
| -72% | -$8.85M |
|
|
DMC
1824
Del Monte Corp
DMC
$1.42B
| $3.46M | 0.01% |
122,441
+39,109
| +47% | +$1.23M |
|
|
SMTA
1825
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
| $3.46M | 0.01% |
485,086
-125,013
| -20% | -$1.27M |
|
Similar funds
Millennium Management's Q4 2018 Portfolio in Review
As of Q4 2018, Millennium Management held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Millennium Management withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Millennium Management opened a new position in Athenahealth, Inc. worth $135M.
- Millennium Management's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Millennium Management added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Millennium Management's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Millennium Management fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Millennium Management's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Millennium Management opened 702 new positions and closed 844 in Q4 2018.
- Millennium Management's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.