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 | |
|---|---|---|---|---|---|---|
201
Allegion
ALLE
$13B
| $69.7M | 0.11% |
672,229
+605,932
| +914% | +$61.8M |
|
|
AMRN
202
Amarin Corp
AMRN
$284M
| $69.2M | 0.11% |
228,232
+87,487
| +62% | +$30.5M |
|
203
PBF Energy
PBF
$7.29B
| $68.9M | 0.11% |
2,532,470
-292,620
| -10% | -$7.47M |
|
204
VanEck Junior Gold Miners ETF
GDXJ
$7.06B
| $68.6M | 0.11% |
+1,892,342
| New | +$73.4M |
|
205
Baker Hughes
BKR
$56.8B
| $68.4M | 0.11% |
2,947,403
-13,910
| -0.5% | -$326K |
|
206
Vertex Pharmaceuticals
VRTX
$121B
| $68M | 0.11% |
401,489
-99,114
| -20% | -$17.5M |
|
207
US Foods
USFD
$21.4B
| $68M | 0.11% |
1,654,605
+531,482
| +47% | +$20.5M |
|
|
B
208
Barrick Mining
B
$62.2B
| $67.5M | 0.11% |
3,892,122
+1,028,622
| +36% | +$18.2M |
|
209
PUT
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.82B
| $67.3M | 0.11% |
+2,000,000
| New | +$65.8M |
|
|
ZNGA
210
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $67.1M | 0.11% |
11,522,780
+206,129
| +2% | +$1.24M |
|
|
CMA
211
DELISTED
Comerica
CMA
| $66.9M | 0.11% |
1,013,280
-89,920
| -8% | -$5.95M |
|
212
Voya Financial
VOYA
$8.94B
| $66.7M | 0.11% |
1,224,886
-914,020
| -43% | -$48.8M |
|
213
Eagle Materials
EXP
$6.6B
| $66.6M | 0.11% |
740,042
+734,854
| +14,164% | +$63.1M |
|
214
Valero Energy
VLO
$89.8B
| $66.3M | 0.1% |
777,514
+51,405
| +7% | +$4.16M |
|
215
CALL
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $65.9M | 0.1% |
1,636,800
| – | – |
|
216
3M
MMM
$89B
| $65.6M | 0.1% |
477,478
+343,973
| +258% | +$48.1M |
|
217
CME Group
CME
$92.2B
| $65.6M | 0.1% |
310,299
+202,279
| +187% | +$42.3M |
|
218
Snap
SNAP
$7.32B
| $65.6M | 0.1% |
4,148,898
+2,139,326
| +106% | +$34.3M |
|
|
APLS
219
DELISTED
Apellis Pharmaceuticals
APLS
| $65.3M | 0.1% |
2,711,261
+667,337
| +33% | +$18.4M |
|
220
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$24.1B
| $65.1M | 0.1% |
2,011,000
+1,711,000
| +570% | +$52.8M |
|
|
RDUS
221
DELISTED
Radius Health, Inc.
RDUS
| $65.1M | 0.1% |
2,526,948
+159,226
| +7% | +$3.9M |
|
222
Lockheed Martin
LMT
$134B
| $64.7M | 0.1% |
165,885
-140,637
| -46% | -$52.9M |
|
223
Marriott International
MAR
$98.7B
| $64.6M | 0.1% |
519,178
+502,807
| +3,071% | +$66.7M |
|
224
Exelon
EXC
$48.6B
| $64.1M | 0.1% |
1,859,118
+240,669
| +15% | +$8.08M |
|
225
Dover
DOV
$27.2B
| $64.1M | 0.1% |
643,426
+48,021
| +8% | +$4.61M |
|
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.