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 | |
|---|---|---|---|---|---|---|
2426
Liberty Latin America Class A
LILA
$1.72B
| $1.32M | ﹤0.01% |
+141,906
| New | +$1.64M |
|
2427
Akebia Therapeutics
AKBA
$338M
| $1.31M | ﹤0.01% |
237,527
-19,925
| -8% | -$156K |
|
2428
CALL
Intel
INTC
$413B
| $1.31M | ﹤0.01% |
+28,000
| New | +$1.31M |
|
2429
Vanguard Mid-Cap ETF
VO
$106B
| $1.31M | ﹤0.01% |
38,016
-20,164
| -35% | -$757K |
|
2430
Imperial Oil
IMO
$62.3B
| $1.31M | ﹤0.01% |
+51,606
| New | +$1.57M |
|
2431
ZTO Express
ZTO
$18.2B
| $1.31M | ﹤0.01% |
+82,532
| New | +$1.33M |
|
|
CNSL
2432
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $1.3M | ﹤0.01% |
+132,129
| New | +$1.62M |
|
|
GFN
2433
DELISTED
General Finance Corporation
GFN
| $1.3M | ﹤0.01% |
128,965
-6,065
| -4% | -$78.9K |
|
2434
Global X MSCI Argentina ETF
ARGT
$837M
| $1.3M | ﹤0.01% |
55,533
| – | – |
|
2435
LendingTree
TREE
$551M
| $1.3M | ﹤0.01% |
+5,935
| New | +$1.35M |
|
|
GCAP
2436
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.3M | ﹤0.01% |
211,597
-84,229
| -28% | -$612K |
|
2437
Descartes Systems
DSGX
$6.68B
| $1.3M | ﹤0.01% |
+49,185
| New | +$1.44M |
|
2438
Cars.com
CARS
$722M
| $1.29M | ﹤0.01% |
60,111
-193,235
| -76% | -$4.83M |
|
2439
Community Trust Bancorp
CTBI
$1.42B
| $1.29M | ﹤0.01% |
32,600
-5,989
| -16% | -$263K |
|
2440
Vanguard Small-Cap Value ETF
VBR
$37.2B
| $1.29M | ﹤0.01% |
+11,299
| New | +$1.43M |
|
2441
Century Communities
CCS
$1.98B
| $1.29M | ﹤0.01% |
74,529
-1,312,337
| -95% | -$27.4M |
|
|
AWF
2442
AllianceBernstein Global High Income Fund
AWF
$869M
| $1.28M | ﹤0.01% |
+122,050
| New | +$1.34M |
|
|
CIC.U
2443
DELISTED
Capitol Investment Corp. IV
CIC.U
| $1.28M | ﹤0.01% |
125,000
| – | – |
|
2444
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.41B
| $1.28M | ﹤0.01% |
27,387
-22,195
| -45% | -$1.12M |
|
2445
Roku
ROKU
$21.6B
| $1.27M | ﹤0.01% |
41,606
+13,583
| +48% | +$640K |
|
|
BSTC
2446
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $1.27M | ﹤0.01% |
+20,989
| New | +$1.25M |
|
|
ACB
2447
Aurora Cannabis
ACB
$169M
| $1.27M | ﹤0.01% |
+2,127
| New | +$1.57M |
|
2448
Aptiv
APTV
$12.3B
| $1.27M | ﹤0.01% |
20,570
-567,993
| -97% | -$41.2M |
|
2449
DHI Group
DHX
$177M
| $1.26M | ﹤0.01% |
831,148
-647,269
| -44% | -$1.12M |
|
|
PETQ
2450
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.26M | ﹤0.01% |
53,660
-179,516
| -77% | -$5.54M |
|
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.