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 | |
|---|---|---|---|---|---|---|
2051
PUT
Eastman Chemical
EMN
$8.2B
| $3.34M | ﹤0.01% |
+33,400
| New | +$3.53M |
|
|
LTM
2052
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $3.33M | ﹤0.01% |
337,220
-333,185
| -50% | -$4.47M |
|
2053
Edwards Lifesciences
EW
$51.3B
| $3.33M | ﹤0.01% |
68,598
-1,513,125
| -96% | -$70.6M |
|
|
XLRN
2054
PUT
DELISTED
Acceleron Pharma
XLRN
| $3.33M | ﹤0.01% |
68,600
+18,600
| +37% | +$678K |
|
2055
Vanguard Morningstar Mid-Cap ETF
VO
$108B
| $3.32M | ﹤0.01% |
84,288
+73,108
| +654% | +$2.87M |
|
|
EDN
2056
Edenor
EDN
$1.11B
| $3.32M | ﹤0.01% |
102,133
+67,871
| +198% | +$3.29M |
|
2057
CALL
Shake Shack
SHAK
$2.6B
| $3.31M | ﹤0.01% |
+50,000
| New | +$2.77M |
|
|
PINC
2058
DELISTED
Premier
PINC
| $3.31M | ﹤0.01% |
90,889
+30,380
| +50% | +$1.01M |
|
2059
Tapestry
TPR
$31.6B
| $3.31M | ﹤0.01% |
70,763
-1,127,805
| -94% | -$54.3M |
|
2060
iShares Core S&P Small-Cap ETF
IJR
$112B
| $3.3M | ﹤0.01% |
39,524
-35,792
| -48% | -$2.92M |
|
|
FIT
2061
PUT
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $3.28M | ﹤0.01% |
502,700
+302,700
| +151% | +$1.73M |
|
2062
Delta Air Lines
DAL
$60.8B
| $3.28M | ﹤0.01% |
66,256
-2,868,648
| -98% | -$153M |
|
|
CVRS
2063
DELISTED
CORINDUS VASCULAR ROBOTICS, INC
CVRS
| $3.28M | ﹤0.01% |
3,974,681
+1,529,737
| +63% | +$1.48M |
|
2064
W.P. Carey
WPC
$16.4B
| $3.27M | ﹤0.01% |
50,242
-24,374
| -33% | -$1.54M |
|
|
RUTH
2065
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $3.26M | ﹤0.01% |
116,184
+60,155
| +107% | +$1.62M |
|
2066
Shenandoah Telecom
SHEN
$705M
| $3.25M | ﹤0.01% |
99,550
+88,209
| +778% | +$3.01M |
|
2067
Sierra Bancorp
BSRR
$528M
| $3.25M | ﹤0.01% |
115,214
-26,690
| -19% | -$753K |
|
2068
Bridgewater Bancshares
BWB
$579M
| $3.25M | ﹤0.01% |
255,529
-54,021
| -17% | -$703K |
|
|
KLXI
2069
DELISTED
KLX Inc.
KLXI
| $3.25M | ﹤0.01% |
53,608
-2,092,627
| -98% | -$128M |
|
2070
CALL
Box
BOX
$4.46B
| $3.25M | ﹤0.01% |
130,000
-330,000
| -72% | -$8.18M |
|
|
ANSS
2071
DELISTED
Ansys
ANSS
| $3.24M | ﹤0.01% |
18,597
-10,570
| -36% | -$1.76M |
|
2072
Trex
TREX
$4.65B
| $3.2M | ﹤0.01% |
102,206
-441,270
| -81% | -$12.8M |
|
|
GHG
2073
GreenTree Hospitality
GHG
$117M
| $3.19M | ﹤0.01% |
176,502
-169,759
| -49% | -$2.66M |
|
2074
CALL
MGM Resorts International
MGM
$11.6B
| $3.19M | ﹤0.01% |
110,000
+90,000
| +450% | +$2.91M |
|
2075
White Mountains Insurance
WTM
$5.18B
| $3.18M | ﹤0.01% |
3,507
-6,159
| -64% | -$5.43M |
|
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.