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 | |
|---|---|---|---|---|---|---|
2301
J.M. Smucker
SJM
$13.5B
| $2.42M | ﹤0.01% |
21,986
-592,988
| -96% | -$66.1M |
|
2302
iShares Select Dividend ETF
DVY
$23.8B
| $2.41M | ﹤0.01% |
23,634
+9,544
| +68% | +$952K |
|
2303
CALL
National Vision
EYE
$1.76B
| $2.41M | ﹤0.01% |
100,000
-82,300
| -45% | -$2.4M |
|
2304
GeoPark
GPRK
$609M
| $2.41M | ﹤0.01% |
131,291
-46,372
| -26% | -$829K |
|
2305
Five Point Holdings
FPH
$387M
| $2.4M | ﹤0.01% |
320,760
-124,124
| -28% | -$917K |
|
2306
eGain
EGAN
$186M
| $2.4M | ﹤0.01% |
299,462
+281,237
| +1,543% | +$2.15M |
|
2307
X4 Pharmaceuticals
XFOR
$377M
| $2.4M | ﹤0.01% |
6,288
+1,233
| +24% | +$488K |
|
2308
PUT
Archer Daniels Midland
ADM
$38.7B
| $2.39M | ﹤0.01% |
+58,300
| New | +$2.32M |
|
2309
Howmet Aerospace
HWM
$109B
| $2.39M | ﹤0.01% |
120,096
-906,678
| -88% | -$17.9M |
|
2310
American Airlines Group
AAL
$9.82B
| $2.39M | ﹤0.01% |
88,760
+76,070
| +599% | +$2.23M |
|
2311
Franklin Covey
FC
$239M
| $2.39M | ﹤0.01% |
+68,206
| New | +$2.46M |
|
|
CBB
2312
DELISTED
Cincinnati Bell Inc.
CBB
| $2.37M | ﹤0.01% |
468,215
-264,065
| -36% | -$1.29M |
|
2313
Spire
SR
$4.79B
| $2.37M | ﹤0.01% |
+27,190
| New | +$2.29M |
|
2314
PUT
Axalta
AXTA
$7.45B
| $2.37M | ﹤0.01% |
+78,500
| New | +$2.32M |
|
2315
Hancock Whitney
HWC
$6.19B
| $2.35M | ﹤0.01% |
61,389
-456,904
| -88% | -$17.4M |
|
|
USFR
2316
DELISTED
WisdomTree Bloomberg Floating Rate Treasury Fund
USFR
| $2.35M | ﹤0.01% |
+93,803
| New | +$2.35M |
|
2317
Invesco S&P 500 Equal Weight ETF
RSP
$97.3B
| $2.35M | ﹤0.01% |
21,701
+13,300
| +158% | +$1.43M |
|
2318
Medifast
MED
$107M
| $2.34M | ﹤0.01% |
22,599
-93,660
| -81% | -$10.1M |
|
2319
Morningstar
MORN
$7.55B
| $2.34M | ﹤0.01% |
16,013
-20,664
| -56% | -$3.18M |
|
2320
8x8 Inc
EGHT
$279M
| $2.33M | ﹤0.01% |
+112,686
| New | +$2.73M |
|
2321
Global Industrial
GIC
$1.38B
| $2.33M | ﹤0.01% |
105,988
+1,798
| +2% | +$37.5K |
|
2322
Digital Turbine
APPS
$982M
| $2.33M | ﹤0.01% |
360,849
+344,545
| +2,113% | +$2.14M |
|
2323
Boeing
BA
$169B
| $2.32M | ﹤0.01% |
6,101
-5,967
| -49% | -$2.13M |
|
2324
Allient
ALNT
$1.34B
| $2.31M | ﹤0.01% |
98,294
-11,275
| -10% | -$275K |
|
|
EXK
2325
Endeavour Silver
EXK
$2.24B
| $2.31M | ﹤0.01% |
1,042,298
+665,019
| +176% | +$1.61M |
|
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.