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 |
Fortive
FTV
|
+$1.39B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1B |
| 3 |
Citigroup
C
|
+$332M |
| 4 |
Apple
AAPL
|
+$307M |
| 5 |
Oracle
ORCL
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$579M |
| 2 |
Electronic Arts
EA
|
+$233M |
| 3 |
Keurig Dr Pepper
KDP
|
+$215M |
| 4 |
APC
Anadarko Petroleum
APC
|
+$206M |
| 5 |
XL
XL Group Ltd.
XL
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.4% |
| 2 | Financials | 12.54% |
| 3 | Healthcare | 11.73% |
| 4 | Consumer Discretionary | 9.48% |
| 5 | Industrials | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2351
Commercial Vehicle Group
CVGI
$147M
| $2.23M | ﹤0.01% |
243,193
-51,686
| -18% | -$432K |
|
|
CRON
2352
PUT
Cronos Group
CRON
$1.07B
| $2.22M | ﹤0.01% |
+200,000
| New | +$1.7M |
|
2353
Titan Machinery
TITN
$420M
| $2.22M | ﹤0.01% |
143,652
+44,665
| +45% | +$706K |
|
2354
PUT
Omnicell
OMCL
$1.88B
| $2.22M | ﹤0.01% |
+30,900
| New | +$1.95M |
|
|
AXAS
2355
DELISTED
Abraxas Petroleum Corp
AXAS
| $2.21M | ﹤0.01% |
47,328
-29,964
| -39% | -$1.47M |
|
|
KG
2356
Kestrel Group
KG
$66.1M
| $2.2M | ﹤0.01% |
38,596
+36,953
| +2,249% | +$4.01M |
|
2357
PUT
Sysco
SYY
$40.8B
| $2.2M | ﹤0.01% |
30,000
+15,000
| +100% | +$1.08M |
|
2358
Quanterix
QTRX
$159M
| $2.19M | ﹤0.01% |
102,391
-47,128
| -32% | -$745K |
|
|
WBA
2359
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $2.19M | ﹤0.01% |
30,000
+20,100
| +203% | +$1.36M |
|
|
ALBO
2360
DELISTED
Albireo Pharma Inc
ALBO
| $2.18M | ﹤0.01% |
66,035
-37,981
| -37% | -$1.24M |
|
2361
Energy Recovery
ERII
$420M
| $2.17M | ﹤0.01% |
242,783
+113,902
| +88% | +$1.01M |
|
2362
Starwood Property Trust
STWD
$6.12B
| $2.17M | ﹤0.01% |
100,831
+84,927
| +534% | +$1.88M |
|
2363
ArcelorMittal
MT
$49.5B
| $2.16M | ﹤0.01% |
70,071
-147,635
| -68% | -$4.47M |
|
2364
Vermilion Energy
VET
$1.66B
| $2.16M | ﹤0.01% |
65,500
+47,190
| +258% | +$1.58M |
|
|
GFN
2365
DELISTED
General Finance Corporation
GFN
| $2.15M | ﹤0.01% |
135,030
+120,082
| +803% | +$1.68M |
|
|
SHYF
2366
DELISTED
The Shyft Group
SHYF
| $2.14M | ﹤0.01% |
144,840
+77,286
| +114% | +$1.16M |
|
2367
AudioCodes
AUDC
$239M
| $2.13M | ﹤0.01% |
211,782
+135,727
| +178% | +$1.32M |
|
2368
Heritage Insurance Holdings
HRTG
$903M
| $2.13M | ﹤0.01% |
+143,792
| New | +$2.27M |
|
2369
B&G Foods
BGS
$303M
| $2.13M | ﹤0.01% |
77,451
-589,732
| -88% | -$18.3M |
|
2370
Toronto Dominion Bank
TD
$193B
| $2.12M | ﹤0.01% |
+34,852
| New | +$2.08M |
|
2371
CALL
TD Synnex
SNX
$19.9B
| $2.12M | ﹤0.01% |
+50,000
| New | +$2.41M |
|
|
TRTX
2372
TPG RE Finance Trust
TRTX
$630M
| $2.11M | ﹤0.01% |
+105,437
| New | +$2.15M |
|
2373
Endava
DAVA
$165M
| $2.1M | ﹤0.01% |
+72,570
| New | +$1.95M |
|
2374
Maximus
MMS
$3.32B
| $2.1M | ﹤0.01% |
32,249
+2,003
| +7% | +$130K |
|
2375
Ziff Davis
ZD
$2B
| $2.1M | ﹤0.01% |
+29,111
| New | +$2.13M |
|
Similar funds
Millennium Management's Q3 2018 Portfolio in Review
As of Q3 2018, Millennium Management held 4,590 positions worth $81.6B, up 6.4% from $76.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Millennium Management's Q3 2018 filing shows 841 new, 1,291 increased, 1,638 reduced and 748 closed positions. Its largest new stake was Fortive: 27,116,929 shares worth $1.44B. The largest sale was Altaba Inc, an estimated $579M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q3 2018 buy was Fortive: 27,116,929 shares worth $1.44B.
- Millennium Management added most to Andeavor in Q3 2018, an estimated $1B increase.
- Millennium Management's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $579M.
- Millennium Management fully exited XL Group Ltd. in Q3 2018, selling an estimated $190M.
- Millennium Management's ten largest holdings make up 10% of its $81.6B portfolio in Q3 2018.
- Millennium Management opened 841 new positions and closed 748 in Q3 2018.
- Millennium Management's portfolio value rose 6.4% quarter-over-quarter to $81.6B.
Based on Millennium Management's 13F filing for Q3 2018, filed 14 Nov 2018.