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 | |
|---|---|---|---|---|---|---|
|
BLCM
2001
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $3.73M | ﹤0.01% |
60,616
-12,769
| -17% | -$864K |
|
2002
BioLife Solutions
BLFS
$1.54B
| $3.73M | ﹤0.01% |
213,210
+59,805
| +39% | +$1.18M |
|
2003
Thomson Reuters
TRI
$46.4B
| $3.73M | ﹤0.01% |
70,377
-1,073,043
| -94% | -$53.7M |
|
2004
W.R. Berkley
WRB
$28.1B
| $3.72M | ﹤0.01% |
157,265
-1,361,691
| -90% | -$30.9M |
|
2005
White Mountains Insurance
WTM
$5.33B
| $3.72M | ﹤0.01% |
3,978
+471
| +13% | +$437K |
|
2006
Xylem
XYL
$28.5B
| $3.71M | ﹤0.01% |
46,460
+38,561
| +488% | +$2.88M |
|
|
MRSN
2007
DELISTED
Mersana Therapeutics
MRSN
| $3.7M | ﹤0.01% |
14,789
+9,867
| +200% | +$3.31M |
|
|
HTO
2008
H2O America
HTO
$2.67B
| $3.7M | ﹤0.01% |
60,444
+14,050
| +30% | +$871K |
|
2009
St. Joe Company
JOE
$3.55B
| $3.69M | ﹤0.01% |
219,528
-27,081
| -11% | -$474K |
|
|
AFI
2010
DELISTED
Armstrong Flooring, Inc.
AFI
| $3.69M | ﹤0.01% |
203,751
+60,541
| +42% | +$983K |
|
2011
NMI Holdings
NMIH
$3.37B
| $3.69M | ﹤0.01% |
162,769
-354,343
| -69% | -$7.4M |
|
|
STAY
2012
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $3.66M | ﹤0.01% |
180,845
-578,240
| -76% | -$12M |
|
|
ASRT
2013
DELISTED
Assertio
ASRT
| $3.63M | ﹤0.01% |
10,290
-13,299
| -56% | -$5.81M |
|
2014
Kite Realty
KRG
$5.86B
| $3.63M | ﹤0.01% |
218,027
-471,659
| -68% | -$7.98M |
|
2015
CALL
Madison Square Garden
MSGS
$9.59B
| $3.63M | ﹤0.01% |
+16,123
| New | +$3.58M |
|
2016
NCR Voyix
VYX
$1.19B
| $3.63M | ﹤0.01% |
208,040
+188,713
| +976% | +$3.36M |
|
|
ORAN
2017
DELISTED
Orange
ORAN
| $3.63M | ﹤0.01% |
228,215
-50,023
| -18% | -$825K |
|
2018
CRA International
CRAI
$1.23B
| $3.62M | ﹤0.01% |
72,137
-25,851
| -26% | -$1.41M |
|
2019
CALL
Teck Resources
TECK
$28.2B
| $3.62M | ﹤0.01% |
+150,000
| New | +$3.61M |
|
2020
PUT
CSX Corp
CSX
$94B
| $3.61M | ﹤0.01% |
+146,400
| New | +$3.49M |
|
2021
Markel Group
MKL
$25.2B
| $3.61M | ﹤0.01% |
3,041
+1,709
| +128% | +$2.01M |
|
|
TDAY
2022
USA Today Co
TDAY
$1.29B
| $3.61M | ﹤0.01% |
230,302
+182,714
| +384% | +$3.06M |
|
2023
Entegris
ENTG
$16.3B
| $3.61M | ﹤0.01% |
124,626
-285,589
| -70% | -$9.61M |
|
|
MDSO
2024
DELISTED
Medidata Solutions, Inc.
MDSO
| $3.6M | ﹤0.01% |
+49,140
| New | +$3.93M |
|
2025
ExxonMobil
XOM
$650B
| $3.59M | ﹤0.01% |
42,254
-87,599
| -67% | -$7.16M |
|
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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.