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 | |
|---|---|---|---|---|---|---|
|
HOME
1976
CALL
DELISTED
At Home Group Inc.
HOME
| $3.87M | 0.01% |
402,500
| – | – |
|
1977
CALL
Cummins
CMI
$83.6B
| $3.85M | 0.01% |
23,700
+21,400
| +930% | +$3.42M |
|
|
ARNA
1978
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $3.85M | 0.01% |
84,160
+16,565
| +25% | +$931K |
|
1979
Teladoc Health
TDOC
$1.66B
| $3.85M | 0.01% |
56,857
+12,278
| +28% | +$808K |
|
|
AZRE
1980
DELISTED
Azure Power Global Limited
AZRE
| $3.85M | 0.01% |
320,889
-11,067
| -3% | -$120K |
|
1981
ADMA Biologics
ADMA
$2.02B
| $3.84M | 0.01% |
862,519
+743,506
| +625% | +$3.11M |
|
|
DISCK
1982
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $3.83M | 0.01% |
155,618
-7,054
| -4% | -$191K |
|
1983
PUT
Freeport-McMoran
FCX
$86.3B
| $3.83M | 0.01% |
400,000
-489,900
| -55% | -$5.03M |
|
1984
CALL
MacroGenics
MGNX
$233M
| $3.83M | 0.01% |
+300,000
| New | +$4.32M |
|
|
FRGI
1985
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $3.81M | 0.01% |
365,786
-77,053
| -17% | -$805K |
|
|
FIT
1986
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $3.81M | 0.01% |
1,000,000
-200,000
| -17% | -$744K |
|
1987
Horace Mann Educators
HMN
$2.11B
| $3.81M | 0.01% |
82,194
+75,156
| +1,068% | +$3.29M |
|
1988
Urban Edge Properties
UE
$2.9B
| $3.8M | 0.01% |
192,229
-16,590
| -8% | -$295K |
|
1989
Murphy Oil
MUR
$5.55B
| $3.8M | 0.01% |
172,046
+16,637
| +11% | +$358K |
|
1990
CALL
Tyson Foods
TSN
$21.5B
| $3.79M | 0.01% |
+44,000
| New | +$3.74M |
|
1991
Dow Inc
DOW
$22B
| $3.78M | 0.01% |
+79,274
| New | +$3.71M |
|
1992
Skywest
SKYW
$4.35B
| $3.77M | 0.01% |
65,762
-68,020
| -51% | -$3.99M |
|
|
PPBI
1993
DELISTED
Pacific Premier Bancorp
PPBI
| $3.76M | 0.01% |
120,640
-467,396
| -79% | -$14.2M |
|
1994
Moog Inc Class A
MOG.A
$12.3B
| $3.76M | 0.01% |
46,375
-158,951
| -77% | -$13.5M |
|
1995
Genuine Parts
GPC
$17.9B
| $3.76M | 0.01% |
37,745
-515,472
| -93% | -$49.5M |
|
1996
PUT
Oneok
OKE
$56.7B
| $3.75M | 0.01% |
50,900
-35,500
| -41% | -$2.51M |
|
1997
Zumiez
ZUMZ
$329M
| $3.73M | 0.01% |
117,810
+26,528
| +29% | +$699K |
|
1998
Exponent
EXPO
$3.2B
| $3.73M | 0.01% |
+53,335
| New | +$3.6M |
|
1999
Weis Markets
WMK
$1.93B
| $3.72M | 0.01% |
97,616
+80,029
| +455% | +$3.04M |
|
|
TEN
2000
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $3.72M | 0.01% |
297,221
-500,511
| -63% | -$5.1M |
|
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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.