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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.69% |
| 2 | Technology | 12.68% |
| 3 | Financials | 12.18% |
| 4 | Consumer Discretionary | 10.77% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2401
Fortis
FTS
$29.3B
| $1.37M | ﹤0.01% |
40,980
+22,273
| +119% | +$750K |
|
|
YI
2402
111 Inc
YI
$31.3M
| $1.36M | ﹤0.01% |
22,680
-17,280
| -43% | -$1.56M |
|
|
SWN
2403
PUT
DELISTED
Southwestern Energy Company
SWN
| $1.36M | ﹤0.01% |
400,000
| – | – |
|
2404
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $1.36M | ﹤0.01% |
13,100
+8,252
| +170% | +$863K |
|
2405
Fidelity National Financial
FNF
$14.4B
| $1.36M | ﹤0.01% |
44,864
-116,740
| -72% | -$3.76M |
|
|
MIK
2406
CALL
DELISTED
Michaels Stores, Inc
MIK
| $1.35M | ﹤0.01% |
+100,000
| New | +$1.59M |
|
|
CNP.PRB
2407
DELISTED
CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S
CNP.PRB
| $1.35M | ﹤0.01% |
+26,837
| New | +$1.35M |
|
2408
iShare MSCI Eurozone ETF
EZU
$9.38B
| $1.35M | ﹤0.01% |
+38,501
| New | +$1.44M |
|
|
CLLS
2409
Cellectis
CLLS
$288M
| $1.35M | ﹤0.01% |
81,047
-37,304
| -32% | -$865K |
|
2410
iShares MSCI Saudi Arabia ETF
KSA
$612M
| $1.35M | ﹤0.01% |
46,627
+23,500
| +102% | +$678K |
|
2411
Vanguard Small-Cap ETF
VB
$78.9B
| $1.34M | ﹤0.01% |
10,189
+4,990
| +96% | +$726K |
|
|
HDP
2412
DELISTED
Hortonworks, Inc.
HDP
| $1.34M | ﹤0.01% |
93,153
-2,087,269
| -96% | -$36M |
|
2413
Liberty Broadband Class C
LBRDK
$4.89B
| $1.34M | ﹤0.01% |
18,627
-81,774
| -81% | -$6.55M |
|
|
BT
2414
DELISTED
BT Group plc (ADR)
BT
| $1.34M | ﹤0.01% |
+88,199
| New | +$1.4M |
|
|
CUTR
2415
DELISTED
Cutera, Inc.
CUTR
| $1.34M | ﹤0.01% |
+78,687
| New | +$1.61M |
|
|
TFCF
2416
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $1.34M | ﹤0.01% |
28,000
-135,646
| -83% | -$6.38M |
|
|
YRD
2417
Yiren Digital
YRD
$93.6M
| $1.34M | ﹤0.01% |
124,374
+75,226
| +153% | +$1.18M |
|
2418
CALL
Syndax Pharmaceuticals
SNDX
$1.7B
| $1.33M | ﹤0.01% |
300,000
-14,900
| -5% | -$81.7K |
|
2419
OceanFirst Financial
OCFC
$1.71B
| $1.33M | ﹤0.01% |
59,230
-40,932
| -41% | -$1.03M |
|
|
ALE
2420
DELISTED
Allete
ALE
| $1.33M | ﹤0.01% |
17,452
-70,869
| -80% | -$5.48M |
|
2421
Arrowhead Research
ARWR
$12.1B
| $1.33M | ﹤0.01% |
106,941
-165,120
| -61% | -$2.26M |
|
2422
Flotek Industries
FTK
$789M
| $1.33M | ﹤0.01% |
203,100
+190,851
| +1,558% | +$1.93M |
|
2423
ProShares Ultra S&P500
SSO
$7.52B
| $1.33M | ﹤0.01% |
+114,448
| New | +$1.56M |
|
2424
Dick's Sporting Goods
DKS
$18.4B
| $1.32M | ﹤0.01% |
42,438
-604,728
| -93% | -$21M |
|
|
DRNA
2425
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $1.32M | ﹤0.01% |
123,423
+19,009
| +18% | +$250K |
|
Similar funds
Millennium Management's Q4 2018 Portfolio in Review
As of Q4 2018, Millennium Management held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Millennium Management withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Millennium Management opened a new position in Athenahealth, Inc. worth $135M.
- Millennium Management's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Millennium Management added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Millennium Management's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Millennium Management fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Millennium Management's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Millennium Management opened 702 new positions and closed 844 in Q4 2018.
- Millennium Management's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.