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 | |
|---|---|---|---|---|---|---|
1876
Ultrapar
UGP
$6.69B
| $4.48M | 0.01% |
+968,198
| New | +$5.17M |
|
|
LPNT
1877
DELISTED
LifePoint Health, Inc.
LPNT
| $4.48M | 0.01% |
69,526
-21,763
| -24% | -$1.33M |
|
1878
GameStop
GME
$9.8B
| $4.47M | 0.01% |
+1,171,696
| New | +$4.49M |
|
1879
Steris
STE
$22.8B
| $4.46M | 0.01% |
39,005
+32,483
| +498% | +$3.67M |
|
1880
CALL
Molina Healthcare
MOH
$10.4B
| $4.46M | 0.01% |
+30,000
| New | +$3.83M |
|
1881
Yum! Brands
YUM
$41.9B
| $4.46M | 0.01% |
49,042
-1,355,744
| -97% | -$113M |
|
|
LOGM
1882
CALL
DELISTED
LogMein, Inc.
LOGM
| $4.46M | 0.01% |
+50,000
| New | +$4.52M |
|
1883
WillScot Mobile Mini Holdings
WSC
$4.41B
| $4.45M | 0.01% |
259,733
+5,928
| +2% | +$97.1K |
|
1884
ProShares Ultra Silver
AGQ
$1.15B
| $4.45M | 0.01% |
184,918
-16,546
| -8% | -$423K |
|
1885
CALL
Vulcan Materials
VMC
$37.2B
| $4.45M | 0.01% |
+40,000
| New | +$4.64M |
|
1886
AdvanSix
ASIX
$545M
| $4.45M | 0.01% |
130,920
+14,857
| +13% | +$533K |
|
1887
CALL
International Paper
IP
$22.7B
| $4.42M | 0.01% |
+95,040
| New | +$4.71M |
|
1888
iShares MSCI India ETF
INDA
$6.82B
| $4.42M | 0.01% |
+136,207
| New | +$4.71M |
|
1889
Marriott International
MAR
$100B
| $4.42M | 0.01% |
33,484
-88,198
| -72% | -$11.3M |
|
1890
Verra Mobility
VRRM
$778M
| $4.41M | 0.01% |
415,571
+59,571
| +17% | +$614K |
|
|
VSM
1891
DELISTED
Versum Materials, Inc.
VSM
| $4.41M | 0.01% |
122,484
-476,376
| -80% | -$17.9M |
|
|
XLNX
1892
CALL
DELISTED
Xilinx Inc
XLNX
| $4.41M | 0.01% |
+55,000
| New | +$4.02M |
|
|
NVTR
1893
CALL
DELISTED
Nuvectra Corporation Common Stock
NVTR
| $4.4M | 0.01% |
+200,000
| New | +$3.85M |
|
1894
CALL
Yum China
YUMC
$15.8B
| $4.39M | 0.01% |
+125,000
| New | +$4.45M |
|
1895
National Grid
NGG
$79.6B
| $4.38M | 0.01% |
95,516
-20,479
| -18% | -$974K |
|
1896
Victory Capital Holdings
VCTR
$6.11B
| $4.37M | 0.01% |
457,775
-89,607
| -16% | -$882K |
|
|
KSU
1897
DELISTED
Kansas City Southern
KSU
| $4.36M | 0.01% |
38,473
-124,966
| -76% | -$14.2M |
|
|
SMAR
1898
DELISTED
Smartsheet Inc.
SMAR
| $4.34M | 0.01% |
138,873
+119,610
| +621% | +$3.19M |
|
1899
Resources Connection
RGP
$138M
| $4.34M | 0.01% |
261,463
-35,302
| -12% | -$577K |
|
1900
Navient
NAVI
$826M
| $4.34M | 0.01% |
321,725
-163,337
| -34% | -$2.21M |
|
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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.