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 | |
|---|---|---|---|---|---|---|
2451
CALL
Gilead Sciences
GILD
$165B
| $1.25M | ﹤0.01% |
+20,000
| New | +$1.4M |
|
|
AKS
2452
PUT
DELISTED
AK Steel Holding Corp
AKS
| $1.25M | ﹤0.01% |
+555,000
| New | +$2.01M |
|
|
DLA
2453
DELISTED
Delta Apparel Inc.
DLA
| $1.24M | ﹤0.01% |
71,779
-17,464
| -20% | -$320K |
|
2454
Quanterix
QTRX
$159M
| $1.24M | ﹤0.01% |
67,469
-34,922
| -34% | -$627K |
|
|
PRFT
2455
DELISTED
Perficient Inc
PRFT
| $1.23M | ﹤0.01% |
55,398
+24,024
| +77% | +$590K |
|
2456
Zoetis
ZTS
$32.7B
| $1.23M | ﹤0.01% |
14,379
-1,013,952
| -99% | -$91.3M |
|
2457
Globalstar
GSAT
$10.1B
| $1.23M | ﹤0.01% |
128,098
-172,973
| -57% | -$1.03M |
|
|
PMT
2458
PennyMac Mortgage Investment
PMT
$845M
| $1.23M | ﹤0.01% |
+65,849
| New | +$1.31M |
|
|
OMN
2459
DELISTED
OMNOVA Solutions Inc.
OMN
| $1.22M | ﹤0.01% |
166,537
+11,390
| +7% | +$91.7K |
|
|
GTT
2460
DELISTED
GTT Communications, Inc.
GTT
| $1.22M | ﹤0.01% |
+51,607
| New | +$1.74M |
|
2461
Starwood Property Trust
STWD
$6.12B
| $1.22M | ﹤0.01% |
61,873
-38,958
| -39% | -$840K |
|
|
ABTX
2462
DELISTED
Allegiance Bancshares
ABTX
| $1.22M | ﹤0.01% |
37,611
+11,583
| +45% | +$431K |
|
|
TGE
2463
PUT
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $1.22M | ﹤0.01% |
+50,000
| New | +$1.13M |
|
2464
Inseego
INSG
$104M
| $1.22M | ﹤0.01% |
29,290
+20,763
| +243% | +$769K |
|
2465
Hecla Mining
HL
$9.49B
| $1.22M | ﹤0.01% |
514,819
-93,380
| -15% | -$239K |
|
2466
PUT
MGM Resorts International
MGM
$11.7B
| $1.21M | ﹤0.01% |
+50,000
| New | +$1.3M |
|
|
VBIV
2467
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $1.21M | ﹤0.01% |
25,234
+19,998
| +382% | +$1.1M |
|
|
VNTR
2468
DELISTED
Venator Materials PLC
VNTR
| $1.2M | ﹤0.01% |
286,549
-766,540
| -73% | -$4.95M |
|
2469
Kornit Digital
KRNT
$677M
| $1.2M | ﹤0.01% |
64,033
-122,040
| -66% | -$2.39M |
|
2470
Spok Holdings
SPOK
$229M
| $1.2M | ﹤0.01% |
90,238
-83,802
| -48% | -$1.21M |
|
2471
Amplify Energy
AMPY
$158M
| $1.2M | ﹤0.01% |
+159,319
| New | +$1.27M |
|
2472
Wolverine World Wide
WWW
$1.68B
| $1.19M | ﹤0.01% |
37,302
-795
| -2% | -$27.1K |
|
2473
PUT
Pool Corp
POOL
$7.05B
| $1.19M | ﹤0.01% |
8,000
| – | – |
|
2474
Verisk Analytics
VRSK
$27.9B
| $1.19M | ﹤0.01% |
+10,908
| New | +$1.28M |
|
2475
CALL
Teck Resources
TECK
$28.2B
| $1.19M | ﹤0.01% |
55,000
-95,000
| -63% | -$2.06M |
|
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.