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 | |
|---|---|---|---|---|---|---|
1901
Strategy Inc
MSTR
$36.3B
| $4.33M | 0.01% |
307,730
-692,250
| -69% | -$9.72M |
|
1902
Mistras Group
MG
$481M
| $4.32M | 0.01% |
199,462
+21,296
| +12% | +$461K |
|
|
HCR
1903
CALL
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $4.32M | 0.01% |
+400,000
| New | +$5.02M |
|
|
KAACU
1904
DELISTED
Kayne Anderson Acquisition Corp. Unit
KAACU
| $4.32M | 0.01% |
400,000
| – | – |
|
1905
Wave Life Sciences
WVE
$1.13B
| $4.32M | 0.01% |
+86,349
| New | +$3.9M |
|
|
SBT
1906
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $4.31M | 0.01% |
380,810
-114,341
| -23% | -$1.43M |
|
1907
Bank of Marin Bancorp
BMRC
$468M
| $4.3M | 0.01% |
102,622
+12,948
| +14% | +$558K |
|
1908
Unifirst Corp
UNF
$5.48B
| $4.3M | 0.01% |
24,761
-7,490
| -23% | -$1.38M |
|
1909
Theravance Biopharma
TBPH
$874M
| $4.3M | 0.01% |
131,596
+88,430
| +205% | +$2.41M |
|
1910
Globus Medical
GMED
$11.1B
| $4.3M | 0.01% |
+75,704
| New | +$3.98M |
|
1911
Element Solutions
ESI
$8.66B
| $4.28M | 0.01% |
+343,160
| New | +$4.28M |
|
|
CMBT
1912
CMB.TECH NV
CMBT
$4.6B
| $4.28M | 0.01% |
491,471
+11,123
| +2% | +$94.5K |
|
1913
Agios Pharmaceuticals
AGIO
$2.12B
| $4.27M | 0.01% |
+55,409
| New | +$4.46M |
|
1914
APA Corp
APA
$12.9B
| $4.24M | 0.01% |
+88,972
| New | +$4M |
|
1915
PUT
ICU Medical
ICUI
$4.17B
| $4.24M | 0.01% |
15,000
| – | – |
|
1916
TriNet
TNET
$3.28B
| $4.23M | 0.01% |
75,059
-139,483
| -65% | -$7.84M |
|
1917
Steven Madden
SHOO
$3.2B
| $4.22M | 0.01% |
119,688
-49,902
| -29% | -$1.85M |
|
1918
Cirrus Logic
CRUS
$6.86B
| $4.22M | 0.01% |
109,257
-52,038
| -32% | -$2.16M |
|
1919
Enterprise Financial Services Corp
EFSC
$2.42B
| $4.22M | 0.01% |
79,494
-14,899
| -16% | -$829K |
|
1920
Copart
CPRT
$28.8B
| $4.21M | 0.01% |
326,756
-2,106,484
| -87% | -$31.5M |
|
|
SPPI
1921
PUT
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $4.21M | 0.01% |
+250,500
| New | +$5.42M |
|
|
FSCT
1922
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $4.21M | 0.01% |
111,445
-137,214
| -55% | -$4.97M |
|
1923
CALL
uniQure
QURE
$2.78B
| $4.21M | 0.01% |
+115,600
| New | +$4.3M |
|
1924
Deckers Outdoor
DECK
$14.3B
| $4.19M | 0.01% |
212,184
-547,080
| -72% | -$10.6M |
|
1925
Cerus
CERS
$585M
| $4.19M | 0.01% |
581,022
-635,673
| -52% | -$4.62M |
|
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.