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 | |
|---|---|---|---|---|---|---|
1926
Customers Bancorp
CUBI
$2.66B
| $4.15M | 0.01% |
199,924
+144,810
| +263% | +$2.87M |
|
1927
Global Net Lease
GNL
$1.87B
| $4.14M | 0.01% |
+212,604
| New | +$4.14M |
|
1928
Nomura Holdings
NMR
$28.3B
| $4.14M | 0.01% |
975,493
+928,998
| +1,998% | +$3.53M |
|
1929
LendingTree
TREE
$551M
| $4.14M | 0.01% |
13,341
-45,242
| -77% | -$15.4M |
|
|
AD
1930
Array Digital Infrastructure
AD
$3.04B
| $4.14M | 0.01% |
110,061
+241
| +0.2% | +$9.73K |
|
|
TKKSU
1931
DELISTED
TKK Symphony Acquisition Corporation Unit
TKKSU
| $4.14M | 0.01% |
400,000
| – | – |
|
|
WMGI
1932
CALL
DELISTED
Wright Medical Group Inc
WMGI
| $4.13M | 0.01% |
200,000
-12,300
| -6% | -$293K |
|
|
VIA
1933
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $4.13M | 0.01% |
78,215
-26,515
| -25% | -$1.4M |
|
1934
Encore Capital Group
ECPG
$2.01B
| $4.12M | 0.01% |
123,752
-50,497
| -29% | -$1.77M |
|
1935
The Ensign Group
ENSG
$10.6B
| $4.12M | 0.01% |
92,781
-24,973
| -21% | -$1.24M |
|
1936
Liberty Global Class C
LBTYK
$3.5B
| $4.11M | 0.01% |
172,930
+10,801
| +7% | +$281K |
|
|
HT
1937
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $4.11M | 0.01% |
276,141
-40,147
| -13% | -$613K |
|
1938
Strategic Education
STRA
$1.98B
| $4.1M | 0.01% |
30,209
+9,107
| +43% | +$1.55M |
|
|
1939
PUT
LyondellBasell Industries
LYB
$19.5B
| $4.1M | 0.01% |
45,800
-2,031,800
| -98% | -$166M |
|
1940
Carriage Services
CSV
$647M
| $4.08M | 0.01% |
199,690
+106,630
| +115% | +$2.21M |
|
1941
PUT
Palo Alto Networks
PANW
$256B
| $4.08M | 0.01% |
+120,000
| New | +$4.25M |
|
|
CHMI
1942
Cherry Hill Mortgage Investment Corp
CHMI
$82.3M
| $4.08M | 0.01% |
311,141
+29,318
| +10% | +$415K |
|
1943
CEVA Inc
CEVA
$831M
| $4.07M | 0.01% |
136,460
-146,897
| -52% | -$4.28M |
|
1944
Veeva Systems
VEEV
$33.8B
| $4.07M | 0.01% |
26,664
-278,409
| -91% | -$44.7M |
|
1945
IBM
IBM
$213B
| $4.07M | 0.01% |
29,275
-93,500
| -76% | -$12.6M |
|
1946
Omega Healthcare
OHI
$15.3B
| $4.07M | 0.01% |
+97,317
| New | +$3.79M |
|
|
FARM
1947
DELISTED
Farmer Brothers
FARM
| $4.07M | 0.01% |
313,952
+253,387
| +418% | +$3.66M |
|
1948
Sinclair Inc
SBGI
$1.02B
| $4.05M | 0.01% |
94,864
-353,504
| -79% | -$17.1M |
|
1949
Toll Brothers
TOL
$14B
| $4.05M | 0.01% |
98,614
+80,187
| +435% | +$2.96M |
|
|
CSII
1950
CALL
DELISTED
Cardiovascular Systems, Inc.
CSII
| $4.04M | 0.01% |
+85,000
| New | +$3.99M |
|
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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.