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 |
Keurig Dr Pepper
KDP
|
+$870M |
| 2 |
Amazon
AMZN
|
+$319M |
| 3 |
Automatic Data Processing
ADP
|
+$216M |
| 4 |
Evergy
EVRG
|
+$214M |
| 5 |
Chevron
CVX
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$296M |
| 2 |
Mondelez International
MDLZ
|
+$235M |
| 3 |
Abbott
ABT
|
+$229M |
| 4 |
Lam Research
LRCX
|
+$189M |
| 5 |
American International
AIG
|
+$170M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.4% |
| 2 | Technology | 12.15% |
| 3 | Healthcare | 11.42% |
| 4 | Consumer Discretionary | 9.57% |
| 5 | Industrials | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SEI
2026
Solaris Energy Infrastructure
SEI
$3.4B
| $3.46M | ﹤0.01% |
242,197
+913
| +0.4% | +$15.2K |
|
2027
Oxford Industries
OXM
$568M
| $3.45M | ﹤0.01% |
41,623
-55,543
| -57% | -$4.48M |
|
2028
CALL
Penumbra
PEN
$12.7B
| $3.45M | ﹤0.01% |
25,000
-25,000
| -50% | -$3.56M |
|
2029
Capitol Federal Financial
CFFN
$1.12B
| $3.45M | ﹤0.01% |
262,245
-136,281
| -34% | -$1.77M |
|
2030
First Internet Bancorp
INBK
$261M
| $3.44M | ﹤0.01% |
100,778
+38,872
| +63% | +$1.36M |
|
2031
CALL
Tesla
TSLA
$1.27T
| $3.43M | ﹤0.01% |
+150,000
| New | +$3.05M |
|
2032
Inogen
INGN
$182M
| $3.43M | ﹤0.01% |
18,405
-117,589
| -86% | -$19.6M |
|
2033
3M
MMM
$91.4B
| $3.43M | ﹤0.01% |
20,830
-96,467
| -82% | -$16.5M |
|
|
AMED
2034
PUT
DELISTED
Amedisys
AMED
| $3.42M | ﹤0.01% |
+40,000
| New | +$2.94M |
|
2035
Sysco
SYY
$40.7B
| $3.42M | ﹤0.01% |
+50,036
| New | +$3.2M |
|
|
ESPR
2036
DELISTED
Esperion Therapeutics
ESPR
| $3.4M | ﹤0.01% |
86,817
-47,686
| -35% | -$2.41M |
|
2037
Vanguard FTSE Emerging Markets ETF
VWO
$121B
| $3.4M | ﹤0.01% |
+80,589
| New | +$3.64M |
|
2038
Safe Bulkers
SB
$803M
| $3.4M | ﹤0.01% |
999,095
+493,652
| +98% | +$1.64M |
|
2039
CALL
United Therapeutics
UTHR
$21.9B
| $3.4M | ﹤0.01% |
+30,000
| New | +$3.3M |
|
2040
Diageo
DEO
$49.2B
| $3.39M | ﹤0.01% |
23,545
-30,626
| -57% | -$4.39M |
|
|
PDS
2041
Precision Drilling
PDS
$996M
| $3.39M | ﹤0.01% |
51,065
-4,214
| -8% | -$283K |
|
2042
MACOM Technology Solutions
MTSI
$19.5B
| $3.37M | ﹤0.01% |
+146,320
| New | +$3.11M |
|
|
CTIC
2043
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $3.37M | ﹤0.01% |
676,755
-109,828
| -14% | -$481K |
|
2044
CALL
Evolent Health
EVH
$353M
| $3.37M | ﹤0.01% |
+160,000
| New | +$3.03M |
|
|
NAAS
2045
NaaS Technology Inc
NAAS
$56.6M
| $3.37M | ﹤0.01% |
+30
| New | +$3.71M |
|
2046
Mistras Group
MG
$500M
| $3.36M | ﹤0.01% |
178,166
+105,503
| +145% | +$2.05M |
|
2047
Rollins
ROL
$18.4B
| $3.35M | ﹤0.01% |
+143,465
| New | +$3.26M |
|
|
ACGN
2048
DELISTED
Aceragen Inc
ACGN
| $3.35M | ﹤0.01% |
18,689
-16,998
| -48% | -$3.97M |
|
2049
CALL
Incyte
INCY
$24B
| $3.35M | ﹤0.01% |
+50,000
| New | +$3.42M |
|
|
JCAP
2050
DELISTED
Jernigan Capital, Inc.
JCAP
| $3.34M | ﹤0.01% |
+175,460
| New | +$3.32M |
|
Similar funds
Millennium Management's Q2 2018 Portfolio in Review
As of Q2 2018, Millennium Management held 4,494 positions worth $76.7B, up 2.3% from $74.9B the previous quarter. Its ten largest holdings account for 7.3% of the portfolio.
Millennium Management's Q2 2018 filing shows 911 new, 1,261 increased, 1,542 reduced and 746 closed positions. Its largest new stake was Evergy: 3,989,462 shares worth $224M. The largest sale was Bank of America, an estimated $296M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
- Millennium Management's largest Q2 2018 buy was Evergy: 3,989,462 shares worth $224M.
- Millennium Management added most to Keurig Dr Pepper in Q2 2018, an estimated $870M increase.
- Millennium Management's biggest Q2 2018 reduction was Bank of America, cutting an estimated $296M.
- Millennium Management fully exited American International in Q2 2018, selling an estimated $170M.
- Millennium Management's ten largest holdings make up 7.3% of its $76.7B portfolio in Q2 2018.
- Millennium Management opened 911 new positions and closed 746 in Q2 2018.
- Millennium Management's portfolio value rose 2.3% quarter-over-quarter to $76.7B.
Based on Millennium Management's 13F filing for Q2 2018, filed 14 Aug 2018.