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 | |
|---|---|---|---|---|---|---|
|
FLY
2801
DELISTED
Fly Leasing Limited
FLY
| $1.07M | ﹤0.01% |
+77,102
| New | +$911K |
|
2802
Santander
BSBR
$37.8B
| $1.06M | ﹤0.01% |
98,756
+61,101
| +162% | +$730K |
|
2803
Assured Guaranty
AGO
$3.73B
| $1.06M | ﹤0.01% |
23,874
-122,741
| -84% | -$5.11M |
|
2804
PUT
Nike
NKE
$62.7B
| $1.06M | ﹤0.01% |
+12,600
| New | +$1.04M |
|
2805
CALL
Aurinia Pharmaceuticals
AUPH
$1.93B
| $1.06M | ﹤0.01% |
+163,000
| New | +$1.08M |
|
2806
Matinas BioPharma
MTNB
$2.03M
| $1.06M | ﹤0.01% |
+19,378
| New | +$1.04M |
|
|
CRC
2807
DELISTED
California Resources Corporation
CRC
| $1.05M | ﹤0.01% |
41,009
-52,369
| -56% | -$1.13M |
|
2808
Bankwell Financial Group
BWFG
$540M
| $1.04M | ﹤0.01% |
35,804
+2,933
| +9% | +$85.9K |
|
|
CCF
2809
DELISTED
Chase Corporation
CCF
| $1.04M | ﹤0.01% |
+11,292
| New | +$1.08M |
|
2810
OraSure Technologies
OSUR
$273M
| $1.04M | ﹤0.01% |
93,642
-213,792
| -70% | -$2.48M |
|
2811
Lear
LEA
$7.33B
| $1.04M | ﹤0.01% |
7,675
-274,851
| -97% | -$40.3M |
|
2812
Ituran Location and Control
ITRN
$1.1B
| $1.03M | ﹤0.01% |
+30,313
| New | +$1.04M |
|
2813
Lands' End
LE
$369M
| $1.03M | ﹤0.01% |
+62,223
| New | +$1.06M |
|
|
BRQS
2814
DELISTED
Borqs Technologies, Inc. Ordinary Shares
BRQS
| $1.03M | ﹤0.01% |
1,127
-6
| -0.5% | -$4.92K |
|
2815
CVB Financial
CVBF
$4B
| $1.03M | ﹤0.01% |
+49,090
| New | +$1.08M |
|
2816
Collegium Pharmaceutical
COLL
$1.17B
| $1.03M | ﹤0.01% |
68,038
-1,236,963
| -95% | -$19.8M |
|
2817
Genuine Parts
GPC
$17.2B
| $1.03M | ﹤0.01% |
9,190
-850,211
| -99% | -$88M |
|
|
KNDI
2818
Kandi Technologies Group
KNDI
$65.7M
| $1.03M | ﹤0.01% |
+183,424
| New | +$1.14M |
|
2819
Tecnoglass
TGLS
$1.93B
| $1.03M | ﹤0.01% |
+141,323
| New | +$1.16M |
|
2820
Vanguard Total World Stock ETF
VT
$76.9B
| $1.03M | ﹤0.01% |
+14,065
| New | +$998K |
|
2821
ATI
ATI
$24.8B
| $1.03M | ﹤0.01% |
40,177
-546,483
| -93% | -$14.4M |
|
2822
PUT
Cencora
COR
$60.7B
| $1.03M | ﹤0.01% |
+12,900
| New | +$1.04M |
|
|
XONE
2823
DELISTED
The ExOne Company
XONE
| $1.03M | ﹤0.01% |
120,811
+21,780
| +22% | +$201K |
|
2824
NRC Health Common Stock
NRC
$419M
| $1.02M | ﹤0.01% |
+26,544
| New | +$1.04M |
|
2825
PUT
AutoZone
AZO
$49.1B
| $1.02M | ﹤0.01% |
1,000
-1,000
| -50% | -$898K |
|
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.