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 | |
|---|---|---|---|---|---|---|
1851
State Street Materials Select Sector SPDR ETF
XLB
$8.67B
| $4.62M | 0.01% |
158,844
-98,806
| -38% | -$2.85M |
|
|
CTLT
1852
DELISTED
CATALENT, INC.
CTLT
| $4.62M | 0.01% |
96,970
+39,819
| +70% | +$2.14M |
|
1853
Duluth Holdings
DLTH
$158M
| $4.61M | 0.01% |
+544,021
| New | +$5.95M |
|
|
CHL
1854
DELISTED
China Mobile Limited
CHL
| $4.61M | 0.01% |
111,335
-28,203
| -20% | -$1.2M |
|
|
BGG
1855
DELISTED
Briggs & Stratton Corp.
BGG
| $4.61M | 0.01% |
760,040
-221,025
| -23% | -$1.63M |
|
1856
Okta
OKTA
$23.6B
| $4.6M | 0.01% |
46,762
-532,616
| -92% | -$66.5M |
|
1857
Sarepta Therapeutics
SRPT
$1.61B
| $4.6M | 0.01% |
61,041
-19,504
| -24% | -$2.3M |
|
1858
Trade Desk
TTD
$8.99B
| $4.59M | 0.01% |
244,810
-1,073,970
| -81% | -$25.6M |
|
1859
Service Corp International
SCI
$11.6B
| $4.58M | 0.01% |
95,755
+80,484
| +527% | +$3.78M |
|
1860
Reinsurance Group of America
RGA
$15.7B
| $4.57M | 0.01% |
28,609
-144,188
| -83% | -$22.4M |
|
1861
Southside Bancshares
SBSI
$969M
| $4.57M | 0.01% |
133,989
-84,640
| -39% | -$2.81M |
|
|
EXTN
1862
DELISTED
Exterran Corporation
EXTN
| $4.57M | 0.01% |
349,932
-204,112
| -37% | -$2.47M |
|
1863
Grupo Cibest SA
CIB
$21.2B
| $4.57M | 0.01% |
92,381
-12,516
| -12% | -$632K |
|
1864
Barings BDC
BBDC
$877M
| $4.56M | 0.01% |
449,710
+150,382
| +50% | +$1.49M |
|
1865
Ituran Location and Control
ITRN
$1.08B
| $4.56M | 0.01% |
184,139
+84,302
| +84% | +$2.39M |
|
|
COWN
1866
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $4.56M | 0.01% |
296,602
-219,115
| -42% | -$3.56M |
|
1867
Illumina
ILMN
$29.3B
| $4.56M | 0.01% |
15,411
-50,062
| -76% | -$14.8M |
|
|
ORTX
1868
DELISTED
Orchard Therapeutics plc American Depositary Shares
ORTX
| $4.55M | 0.01% |
38,340
-6,823
| -15% | -$952K |
|
1869
PUT
Philip Morris
PM
$313B
| $4.54M | 0.01% |
+59,800
| New | +$4.74M |
|
|
UCTT
1870
Ultra Clean Holdings
UCTT
$3.24B
| $4.53M | 0.01% |
309,582
-202,430
| -40% | -$2.81M |
|
|
ACR
1871
ACRES Commercial Realty
ACR
$132M
| $4.53M | 0.01% |
132,726
-41,724
| -24% | -$1.42M |
|
1872
Starwood Property Trust
STWD
$6.15B
| $4.52M | 0.01% |
+186,566
| New | +$4.4M |
|
|
HHR
1873
DELISTED
HeadHunter Group PLC American Depositary Shares
HHR
| $4.51M | 0.01% |
233,952
-44,048
| -16% | -$815K |
|
|
IGMS
1874
DELISTED
IGM Biosciences
IGMS
| $4.5M | 0.01% |
+253,790
| New | +$5.12M |
|
1875
Malibu Boats
MBUU
$546M
| $4.49M | 0.01% |
146,452
-466,432
| -76% | -$14.4M |
|
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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.