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 | |
|---|---|---|---|---|---|---|
2076
Forward Air
FWRD
$461M
| $3.34M | 0.01% |
52,443
+26,733
| +104% | +$1.64M |
|
2077
Deluxe
DLX
$1.25B
| $3.34M | 0.01% |
67,959
-290,871
| -81% | -$13M |
|
|
DHR.PRA
2078
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
| $3.31M | 0.01% |
2,916
-305
| -9% | -$345K |
|
2079
Allison Transmission
ALSN
$9.51B
| $3.31M | 0.01% |
70,376
-825,084
| -92% | -$37.4M |
|
2080
Ionis Pharmaceuticals
IONS
$8.93B
| $3.31M | 0.01% |
55,205
-135,739
| -71% | -$8.85M |
|
2081
CALL
Cardinal Health
CAH
$53.7B
| $3.3M | 0.01% |
70,000
+60,000
| +600% | +$2.74M |
|
2082
CALL
Crown Holdings
CCK
$13B
| $3.3M | 0.01% |
+50,000
| New | +$3.2M |
|
2083
PUT
Genworth Financial
GNW
$3.86B
| $3.3M | 0.01% |
+750,000
| New | +$3.13M |
|
2084
Worthington Enterprises
WOR
$2.74B
| $3.3M | 0.01% |
+148,465
| New | +$3.44M |
|
|
ABTX
2085
DELISTED
Allegiance Bancshares
ABTX
| $3.29M | 0.01% |
102,700
-122,174
| -54% | -$4.04M |
|
|
ZUO
2086
DELISTED
Zuora, Inc.
ZUO
| $3.29M | 0.01% |
+218,460
| New | +$3.29M |
|
|
ARYAU
2087
DELISTED
ARYA Sciences Acquisiton Corp. Unit
ARYAU
| $3.28M | 0.01% |
300,000
| – | – |
|
2088
Granite Construction
GVA
$5.16B
| $3.28M | 0.01% |
102,126
-10,778
| -10% | -$374K |
|
2089
CALL
Altria Group
MO
$125B
| $3.27M | 0.01% |
+80,000
| New | +$3.68M |
|
2090
MeiraGTx Holdings
MGTX
$1.08B
| $3.27M | 0.01% |
204,966
+156,198
| +320% | +$3.64M |
|
|
PENG
2091
Penguin Solutions Inc
PENG
$2.24B
| $3.27M | 0.01% |
256,282
+237,170
| +1,241% | +$3.44M |
|
2092
Hawaiian Electric Industries
HE
$2.26B
| $3.25M | 0.01% |
71,245
-22,076
| -24% | -$982K |
|
2093
PUT
Centene
CNC
$30.5B
| $3.24M | 0.01% |
+75,000
| New | +$3.65M |
|
|
PTLA
2094
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $3.24M | 0.01% |
120,787
+108,849
| +912% | +$3.06M |
|
2095
Chemed
CHE
$7.16B
| $3.22M | 0.01% |
7,716
+2,716
| +54% | +$1.11M |
|
2096
Rio Tinto
RIO
$152B
| $3.21M | 0.01% |
61,664
-478,023
| -89% | -$25.9M |
|
2097
CALL
PPG Industries
PPG
$24.9B
| $3.21M | 0.01% |
+27,100
| New | +$3.12M |
|
2098
Lincoln Electric
LECO
$14.1B
| $3.21M | 0.01% |
36,997
-90,902
| -71% | -$7.65M |
|
2099
Haverty Furniture Companies
HVT
$418M
| $3.2M | 0.01% |
158,038
+113,006
| +251% | +$2.13M |
|
2100
HealthStream
HSTM
$863M
| $3.2M | 0.01% |
123,550
+78,540
| +174% | +$2.11M |
|
Similar funds
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.