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 | |
|---|---|---|---|---|---|---|
2551
Nutanix
NTNX
$16B
| $1.55M | ﹤0.01% |
41,212
-98,360
| -70% | -$4.5M |
|
|
SYNH
2552
PUT
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $1.55M | ﹤0.01% |
+30,000
| New | +$1.45M |
|
2553
Clorox
CLX
$11.7B
| $1.55M | ﹤0.01% |
9,660
+3,017
| +45% | +$468K |
|
2554
Delek US
DK
$4.15B
| $1.55M | ﹤0.01% |
42,557
-1,387,308
| -97% | -$47.2M |
|
2555
Acco Brands
ACCO
$390M
| $1.55M | ﹤0.01% |
180,982
-78,413
| -30% | -$686K |
|
2556
iShares MSCI Chile ETF
ECH
$1.02B
| $1.55M | ﹤0.01% |
35,846
+13,696
| +62% | +$616K |
|
2557
CALL
Eastman Chemical
EMN
$8.01B
| $1.55M | ﹤0.01% |
20,400
-3,600
| -15% | -$286K |
|
|
2558
PUT
Eastman Chemical
EMN
$8.01B
| $1.55M | ﹤0.01% |
+20,400
| New | +$1.62M |
|
|
MAXR
2559
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $1.55M | ﹤0.01% |
+385,177
| New | +$2.26M |
|
2560
Public Storage
PSA
$59.3B
| $1.55M | ﹤0.01% |
+7,099
| New | +$1.49M |
|
2561
SiteOne Landscape Supply
SITE
$4.15B
| $1.55M | ﹤0.01% |
27,045
-249,664
| -90% | -$13.6M |
|
2562
Cracker Barrel
CBRL
$1.28B
| $1.54M | ﹤0.01% |
9,540
+7,994
| +517% | +$1.31M |
|
|
CVSA
2563
Covista Inc
CVSA
$4.3B
| $1.54M | ﹤0.01% |
33,263
-35,102
| -51% | -$1.69M |
|
|
UNT
2564
DELISTED
UNIT Corporation
UNT
| $1.54M | ﹤0.01% |
108,012
+33,207
| +44% | +$528K |
|
|
ACGN
2565
DELISTED
Aceragen Inc
ACGN
| $1.53M | ﹤0.01% |
35,449
-36
| -0.1% | -$1.74K |
|
|
LBAI
2566
DELISTED
Lakeland Bancorp Inc
LBAI
| $1.53M | ﹤0.01% |
102,660
-28,524
| -22% | -$452K |
|
2567
Brown & Brown
BRO
$23.7B
| $1.53M | ﹤0.01% |
+51,873
| New | +$1.48M |
|
|
BBBY
2568
Bed Bath & Beyond
BBBY
$472M
| $1.53M | ﹤0.01% |
122,424
+29,545
| +32% | +$404K |
|
2569
Tencent Music
TME
$15.5B
| $1.53M | ﹤0.01% |
84,332
-154,017
| -65% | -$2.46M |
|
2570
WD-40
WDFC
$3.06B
| $1.52M | ﹤0.01% |
9,000
+112
| +1% | +$19.7K |
|
2571
Modine Manufacturing
MOD
$10.3B
| $1.52M | ﹤0.01% |
109,733
-58,589
| -35% | -$822K |
|
|
VIA
2572
DELISTED
Viacom Inc. Class A
VIA
| $1.52M | ﹤0.01% |
46,818
+21,132
| +82% | +$704K |
|
2573
Comstock Resources
CRK
$3.73B
| $1.52M | ﹤0.01% |
219,118
+192,022
| +709% | +$1.27M |
|
2574
Luxfer Holdings
LXFR
$455M
| $1.52M | ﹤0.01% |
60,712
-42,509
| -41% | -$853K |
|
2575
Essential Utilities
WTRG
$11.4B
| $1.51M | ﹤0.01% |
41,553
-112,319
| -73% | -$3.96M |
|
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.