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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.54% |
| 2 | Technology | 10.66% |
| 3 | Financials | 10.63% |
| 4 | Consumer Discretionary | 9.38% |
| 5 | Industrials | 7.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Cadence Design Systems
CDNS
$90B
| $73.3M | 0.11% |
1,153,929
-1,541,810
| -57% | -$81.7M |
|
227
Westlake Corp
WLK
$9.46B
| $73.1M | 0.11% |
1,077,131
+243,107
| +29% | +$17.6M |
|
228
PUT
iShares Biotechnology ETF
IBB
$9.31B
| $72.8M | 0.11% |
651,100
+109,900
| +20% | +$12.1M |
|
229
Ryman Hospitality Properties
RHP
$8.4B
| $72.3M | 0.11% |
878,824
+785,240
| +839% | +$62.7M |
|
230
Antero Resources
AR
$10.9B
| $72.2M | 0.11% |
8,178,148
+2,625,330
| +47% | +$24.8M |
|
|
CTXS
231
DELISTED
Citrix Systems Inc
CTXS
| $72M | 0.11% |
722,113
-215,984
| -23% | -$22.4M |
|
|
CLR
232
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $71.8M | 0.11% |
1,604,057
+1,456,184
| +985% | +$65.1M |
|
|
AGN
233
DELISTED
Allergan plc
AGN
| $71.8M | 0.11% |
490,389
+455,798
| +1,318% | +$66.1M |
|
|
HDS
234
DELISTED
HD Supply Holdings, Inc.
HDS
| $71.6M | 0.11% |
1,652,328
+1,153,781
| +231% | +$48.1M |
|
235
CALL
Range Resources
RRC
$9.11B
| $70.9M | 0.11% |
6,310,100
-931,700
| -13% | -$10.1M |
|
236
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$162M
| $70.8M | 0.11% |
+37,792
| New | +$83.3M |
|
237
Take-Two Interactive
TTWO
$43B
| $70.6M | 0.11% |
748,566
+421,303
| +129% | +$40.8M |
|
238
GE Aerospace
GE
$367B
| $70.4M | 0.11% |
1,414,331
+644,350
| +84% | +$30.3M |
|
239
PUT
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $70.3M | 0.11% |
1,900,000
+1,192,200
| +168% | +$40.8M |
|
240
PUT
Intel
INTC
$466B
| $69.9M | 0.1% |
1,302,300
+486,600
| +60% | +$24.7M |
|
|
PRMW
241
DELISTED
Primo Water Corporation
PRMW
| $69.9M | 0.1% |
4,786,618
+15,229
| +0.3% | +$229K |
|
242
Trane Technologies
TT
$106B
| $69.7M | 0.1% |
645,276
-311,718
| -33% | -$31.6M |
|
243
Crown Holdings
CCK
$12.8B
| $69.6M | 0.1% |
1,276,324
+919,076
| +257% | +$47.4M |
|
|
NVRO
244
DELISTED
NEVRO CORP.
NVRO
| $69.4M | 0.1% |
1,110,912
-30,167
| -3% | -$1.42M |
|
245
Texas Instruments
TXN
$255B
| $69M | 0.1% |
650,420
-972,637
| -60% | -$101M |
|
246
Teleflex
TFX
$5.85B
| $68.8M | 0.1% |
227,624
+196,218
| +625% | +$54.7M |
|
247
Jack in the Box
JACK
$278M
| $68.3M | 0.1% |
843,206
-255,419
| -23% | -$20.4M |
|
248
McKesson
MCK
$98.5B
| $68.2M | 0.1% |
582,569
-32,193
| -5% | -$3.97M |
|
|
ISBC
249
DELISTED
Investors Bancorp, Inc.
ISBC
| $67.8M | 0.1% |
5,718,540
+4,241,333
| +287% | +$51.1M |
|
250
Las Vegas Sands
LVS
$30.5B
| $67.5M | 0.1% |
1,107,745
-785,389
| -41% | -$46.2M |
|
Similar funds
Millennium Management's Q1 2019 Portfolio in Review
As of Q1 2019, Millennium Management held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Millennium Management withdrew a net $6.14B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, down from 13% a quarter earlier, followed by Technology and Financials.
Against the trend, Millennium Management opened a new position in Zimmer Biomet worth $232M.
- Millennium Management's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Millennium Management added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Millennium Management's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Millennium Management fully exited Merck in Q1 2019, selling an estimated $375M.
- Millennium Management's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Millennium Management opened 914 new positions and closed 675 in Q1 2019.
- Millennium Management's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.