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 | |
|---|---|---|---|---|---|---|
2626
Manchester United
MANU
$4.04B
| $1.41M | ﹤0.01% |
73,159
+19,803
| +37% | +$388K |
|
2627
Century Aluminum
CENX
$4.44B
| $1.4M | ﹤0.01% |
157,908
-480,645
| -75% | -$4.16M |
|
2628
La-Z-Boy
LZB
$1.61B
| $1.4M | ﹤0.01% |
42,379
-11,862
| -22% | -$375K |
|
2629
Steven Madden
SHOO
$3.5B
| $1.4M | ﹤0.01% |
41,319
-199,542
| -83% | -$6.53M |
|
|
QTT
2630
DELISTED
Qutoutiao Inc. American Depositary Shares
QTT
| $1.4M | ﹤0.01% |
+12,085
| New | +$1.36M |
|
|
ENIA
2631
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $1.4M | ﹤0.01% |
156,592
-345,860
| -69% | -$3.34M |
|
|
VRN
2632
DELISTED
Veren
VRN
| $1.4M | ﹤0.01% |
430,960
-3,454,653
| -89% | -$10.6M |
|
2633
Copart
CPRT
$27.4B
| $1.4M | ﹤0.01% |
92,084
-1,084,212
| -92% | -$14.7M |
|
2634
CALL
Teladoc Health
TDOC
$1.2B
| $1.39M | ﹤0.01% |
25,000
+15,000
| +150% | +$916K |
|
|
NRCG
2635
DELISTED
NRC Group Holdings Corp.
NRCG
| $1.39M | ﹤0.01% |
159,167
+47,311
| +42% | +$421K |
|
2636
Gen Digital
GEN
$16.3B
| $1.39M | ﹤0.01% |
+60,327
| New | +$1.31M |
|
|
WDR
2637
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $1.39M | ﹤0.01% |
80,205
+68,050
| +560% | +$1.2M |
|
2638
Genie Energy
GNE
$373M
| $1.38M | ﹤0.01% |
162,277
+92,818
| +134% | +$776K |
|
2639
The Joint Corp
JYNT
$119M
| $1.38M | ﹤0.01% |
+87,580
| New | +$927K |
|
|
HTB
2640
HomeTrust Bancshares
HTB
$860M
| $1.38M | ﹤0.01% |
54,664
+33,717
| +161% | +$900K |
|
|
AKTS
2641
DELISTED
Akoustis Technologies Inc
AKTS
| $1.38M | ﹤0.01% |
237,074
+158,187
| +201% | +$1.04M |
|
2642
Rogers Corp
ROG
$2.18B
| $1.37M | ﹤0.01% |
+8,650
| New | +$1.17M |
|
2643
Alpha and Omega Semiconductor
AOSL
$931M
| $1.37M | ﹤0.01% |
119,297
-20,429
| -15% | -$226K |
|
|
SIEN
2644
CALL
DELISTED
Sientra, Inc.
SIEN
| $1.37M | ﹤0.01% |
+15,970
| New | +$1.79M |
|
|
PDCE
2645
DELISTED
PDC Energy, Inc.
PDCE
| $1.37M | ﹤0.01% |
33,649
-2,037,730
| -98% | -$74.4M |
|
2646
Enterprise Financial Services Corp
EFSC
$2.39B
| $1.37M | ﹤0.01% |
33,562
-8,114
| -19% | -$349K |
|
2647
CALL
Icon
ICLR
$12.8B
| $1.37M | ﹤0.01% |
+10,000
| New | +$1.36M |
|
|
2648
PUT
Icon
ICLR
$12.8B
| $1.37M | ﹤0.01% |
+10,000
| New | +$1.36M |
|
2649
SunCoke Energy
SXC
$717M
| $1.36M | ﹤0.01% |
160,372
+102,240
| +176% | +$993K |
|
2650
Kennametal
KMT
$2.54B
| $1.36M | ﹤0.01% |
36,993
-232,942
| -86% | -$8.53M |
|
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.