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 | |
|---|---|---|---|---|---|---|
|
KREF
2676
KKR Real Estate Finance Trust
KREF
$446M
| $1.3M | ﹤0.01% |
65,056
-159,356
| -71% | -$3.22M |
|
2677
Benchmark Electronics
BHE
$2.91B
| $1.3M | ﹤0.01% |
49,431
-51,559
| -51% | -$1.32M |
|
|
FINV
2678
FinVolution Group
FINV
$1.15B
| $1.3M | ﹤0.01% |
343,082
+252,345
| +278% | +$1.03M |
|
|
UCFC
2679
DELISTED
United Community Financial Corp
UCFC
| $1.29M | ﹤0.01% |
138,488
+52,492
| +61% | +$497K |
|
2680
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $1.29M | ﹤0.01% |
+25,191
| New | +$1.34M |
|
2681
ProShares VIX Short-Term Futures ETF
VIXY
$203M
| $1.29M | ﹤0.01% |
670
+592
| +759% | +$1.34M |
|
2682
Strategic Education
STRA
$1.87B
| $1.29M | ﹤0.01% |
9,801
-4,061
| -29% | -$495K |
|
2683
PUT
IBM
IBM
$208B
| $1.28M | ﹤0.01% |
9,519
-30,438
| -76% | -$3.88M |
|
2684
JB Hunt Transport Services
JBHT
$25.7B
| $1.28M | ﹤0.01% |
12,656
+4,400
| +53% | +$456K |
|
2685
First Capital
FCAP
$212M
| $1.28M | ﹤0.01% |
+24,849
| New | +$1.19M |
|
|
KLDO
2686
DELISTED
Kaleido Biosciences, Inc. Common Stock
KLDO
| $1.28M | ﹤0.01% |
+88,109
| New | +$1.21M |
|
|
BRFS
2687
DELISTED
BRF SA
BRFS
| $1.28M | ﹤0.01% |
+219,183
| New | +$1.32M |
|
2688
iShares Semiconductor ETF
SOXX
$42.2B
| $1.28M | ﹤0.01% |
20,193
+12,753
| +171% | +$753K |
|
|
ZIXI
2689
DELISTED
Zix Corporation
ZIXI
| $1.27M | ﹤0.01% |
185,152
-304,457
| -62% | -$2.18M |
|
2690
PPG Industries
PPG
$24.7B
| $1.27M | ﹤0.01% |
+11,231
| New | +$1.2M |
|
2691
Dr. Reddy's Laboratories
RDY
$9.83B
| $1.27M | ﹤0.01% |
+156,410
| New | +$1.19M |
|
2692
Renasant Corp
RNST
$3.96B
| $1.26M | ﹤0.01% |
+37,278
| New | +$1.33M |
|
|
SRT
2693
DELISTED
Startek Inc.
SRT
| $1.26M | ﹤0.01% |
160,150
+135,847
| +559% | +$1.01M |
|
2694
MarketAxess Holdings
MKTX
$5.71B
| $1.26M | ﹤0.01% |
5,116
-26,282
| -84% | -$5.95M |
|
|
KE
2695
Kimball Electronics
KE
$594M
| $1.25M | ﹤0.01% |
+80,802
| New | +$1.3M |
|
|
CTRL
2696
DELISTED
Control4 Corporation
CTRL
| $1.25M | ﹤0.01% |
73,818
-340,331
| -82% | -$6.14M |
|
2697
OptimizeRx
OPRX
$113M
| $1.25M | ﹤0.01% |
98,075
+45,485
| +86% | +$591K |
|
|
HDV
2698
iShares Core High Dividend ETF
HDV
$14.5B
| $1.25M | ﹤0.01% |
66,795
+45,870
| +219% | +$824K |
|
2699
State Street Utilities Select Sector SPDR ETF
XLU
$22.9B
| $1.24M | ﹤0.01% |
42,726
-315,232
| -88% | -$8.77M |
|
2700
Acadia Realty Trust
AKR
$3.08B
| $1.24M | ﹤0.01% |
45,541
+20,032
| +79% | +$553K |
|
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.