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 | |
|---|---|---|---|---|---|---|
1926
Vericel Corp
VCEL
$2.38B
| $4.17M | 0.01% |
294,947
-499,420
| -63% | -$5.86M |
|
1927
Vicor
VICR
$8.33B
| $4.17M | 0.01% |
+90,723
| New | +$4.99M |
|
|
NSTG
1928
DELISTED
NanoString Technologies, Inc.
NSTG
| $4.17M | 0.01% |
234,004
-541,061
| -70% | -$7.9M |
|
|
JNCE
1929
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $4.16M | 0.01% |
640,261
-38,916
| -6% | -$289K |
|
|
DSPG
1930
DELISTED
DSP Group Inc
DSPG
| $4.16M | 0.01% |
349,725
-67,757
| -16% | -$840K |
|
1931
Philips
PHG
$25.5B
| $4.16M | 0.01% |
117,647
-21,525
| -15% | -$736K |
|
|
PRNB
1932
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $4.15M | 0.01% |
+141,925
| New | +$4.01M |
|
|
FTR
1933
DELISTED
Frontier Communications Corp.
FTR
| $4.13M | 0.01% |
636,703
-187,133
| -23% | -$1.02M |
|
1934
CALL
Starbucks
SBUX
$119B
| $4.13M | 0.01% |
+72,600
| New | +$3.84M |
|
1935
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $4.12M | 0.01% |
52,743
+36,176
| +218% | +$2.83M |
|
|
TTOO
1936
DELISTED
T2 Biosystems, Inc
TTOO
| $4.12M | 0.01% |
111
-124
| -53% | -$4.08M |
|
1937
Sally Beauty Holdings
SBH
$1.47B
| $4.12M | 0.01% |
223,965
+180,854
| +420% | +$2.89M |
|
|
VIVO
1938
DELISTED
Meridian Bioscience Inc
VIVO
| $4.11M | 0.01% |
276,023
-167,745
| -38% | -$2.6M |
|
|
GOOD
1939
Gladstone Commercial Corp
GOOD
$621M
| $4.11M | 0.01% |
214,553
+27,506
| +15% | +$541K |
|
|
IRBT
1940
DELISTED
iRobot
IRBT
| $4.11M | 0.01% |
37,381
+28,781
| +335% | +$2.71M |
|
1941
Saic
SAIC
$4.94B
| $4.1M | 0.01% |
50,853
-1,635
| -3% | -$139K |
|
1942
Moog Inc Class A
MOG.A
$12.3B
| $4.1M | 0.01% |
47,642
-181,251
| -79% | -$14.3M |
|
|
PGTI
1943
DELISTED
PGT, Inc.
PGTI
| $4.09M | 0.01% |
189,414
-465,002
| -71% | -$10.9M |
|
1944
Hercules Capital
HTGC
$2.98B
| $4.09M | 0.01% |
310,761
-192,627
| -38% | -$2.57M |
|
1945
Kornit Digital
KRNT
$679M
| $4.08M | 0.01% |
186,073
+167,945
| +926% | +$3.29M |
|
|
TKKSU
1946
DELISTED
TKK Symphony Acquisition Corporation Unit
TKKSU
| $4.04M | 0.01% |
+400,000
| New | +$4.03M |
|
1947
Financial Institutions
FISI
$812M
| $4.04M | ﹤0.01% |
128,608
-19,690
| -13% | -$637K |
|
1948
CytomX Therapeutics
CTMX
$690M
| $4.02M | ﹤0.01% |
217,491
-47,430
| -18% | -$1.08M |
|
1949
Cavco Industries
CVCO
$4.36B
| $4.02M | ﹤0.01% |
15,903
-60,810
| -79% | -$14.1M |
|
1950
Harmonic Inc
HLIT
$1.15B
| $4M | ﹤0.01% |
728,094
-875,261
| -55% | -$4.37M |
|
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.