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 |
LyondellBasell Industries
LYB
|
+$492M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$392M |
| 3 |
Apple
AAPL
|
+$245M |
| 4 |
AGN
Allergan plc
AGN
|
+$238M |
| 5 |
NXP Semiconductors
NXPI
|
+$226M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$568M |
| 2 |
Coty
COTY
|
+$491M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$224M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$211M |
| 5 |
Sysco
SYY
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.12% |
| 2 | Technology | 11.12% |
| 3 | Financials | 10.62% |
| 4 | Consumer Discretionary | 8.46% |
| 5 | Industrials | 7.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2826
iShares MSCI Poland ETF
EPOL
$674M
| $925K | ﹤0.01% |
38,961
-126,795
| -76% | -$2.89M |
|
2827
Marcus & Millichap
MMI
$1.2B
| $923K | ﹤0.01% |
+29,927
| New | +$1.09M |
|
2828
CALL
Teva Pharmaceuticals
TEVA
$36.9B
| $923K | ﹤0.01% |
100,000
-300,000
| -75% | -$3.62M |
|
2829
Canadian Solar
CSIQ
$927M
| $921K | ﹤0.01% |
+42,189
| New | +$836K |
|
2830
Pitney Bowes
PBI
$2.41B
| $921K | ﹤0.01% |
215,238
-1,750,855
| -89% | -$9.4M |
|
|
IO
2831
DELISTED
ION Geophysical Corporation
IO
| $919K | ﹤0.01% |
+114,192
| New | +$1.21M |
|
2832
AutoNation
AN
$7.37B
| $918K | ﹤0.01% |
21,884
-718
| -3% | -$28.6K |
|
2833
Dorian LPG
LPG
$1.9B
| $918K | ﹤0.01% |
101,771
+49,526
| +95% | +$394K |
|
|
CHA
2834
DELISTED
China Telecom Corporation, LTD
CHA
| $913K | ﹤0.01% |
18,241
-40,142
| -69% | -$2.06M |
|
2835
Tactile Systems Technology
TCMD
$626M
| $912K | ﹤0.01% |
16,025
-79,596
| -83% | -$4.15M |
|
2836
Nutrien
NTR
$33.3B
| $911K | ﹤0.01% |
+17,040
| New | +$890K |
|
2837
AMERISAFE
AMSF
$573M
| $908K | ﹤0.01% |
14,233
-20,019
| -58% | -$1.2M |
|
2838
Invesco S&P 500 Equal Weight ETF
RSP
$98.2B
| $906K | ﹤0.01% |
+8,401
| New | +$889K |
|
|
WTRU
2839
DELISTED
Essential Utilities, Inc.6.00% Tangible Equity Units
WTRU
| $902K | ﹤0.01% |
+15,747
| New | +$875K |
|
2840
PUT
Waste Management
WM
$96.1B
| $900K | ﹤0.01% |
+7,800
| New | +$846K |
|
2841
Telefônica Brasil
VIV
$21B
| $896K | ﹤0.01% |
68,829
+52,453
| +320% | +$637K |
|
|
INN
2842
Summit Hotel Properties
INN
$743M
| $895K | ﹤0.01% |
77,992
-541,660
| -87% | -$6.38M |
|
|
PLYM
2843
DELISTED
Plymouth Industrial REIT
PLYM
| $892K | ﹤0.01% |
+47,111
| New | +$837K |
|
|
ITI
2844
DELISTED
Iteris, Inc.
ITI
| $891K | ﹤0.01% |
+172,339
| New | +$827K |
|
2845
Vanguard Total World Stock ETF
VT
$76.3B
| $886K | ﹤0.01% |
11,783
-2,282
| -16% | -$169K |
|
2846
Liberty Broadband Class A
LBRDA
$4.72B
| $885K | ﹤0.01% |
8,609
-2,409
| -22% | -$237K |
|
|
CVGW
2847
DELISTED
Calavo Growers
CVGW
| $883K | ﹤0.01% |
9,126
-25,411
| -74% | -$2.38M |
|
2848
Greif
GEF
$4.74B
| $882K | ﹤0.01% |
27,112
-244,442
| -90% | -$9.1M |
|
2849
Onto Innovation
ONTO
$12B
| $882K | ﹤0.01% |
25,402
-23,217
| -48% | -$742K |
|
2850
RBC Bearings
RBC
$18.2B
| $881K | ﹤0.01% |
5,283
-44,425
| -89% | -$6.29M |
|
Similar funds
Millennium Management's Q2 2019 Portfolio in Review
As of Q2 2019, Millennium Management held 4,801 positions worth $66.5B, down 0.45% from $66.8B the previous quarter. Its ten largest holdings account for 7.7% of the portfolio.
Millennium Management's Q2 2019 filing shows 865 new, 1,488 increased, 1,571 reduced and 810 closed positions. Its largest new stake was Moody's: 638,271 shares worth $125M. The largest sale was Walt Disney, an estimated $568M.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 13% a quarter earlier, followed by Technology and Financials.
- Millennium Management's largest Q2 2019 buy was Moody's: 638,271 shares worth $125M.
- Millennium Management added most to LyondellBasell Industries in Q2 2019, an estimated $492M increase.
- Millennium Management's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $568M.
- Millennium Management fully exited Sysco in Q2 2019, selling an estimated $208M.
- Millennium Management's ten largest holdings make up 7.7% of its $66.5B portfolio in Q2 2019.
- Millennium Management opened 865 new positions and closed 810 in Q2 2019.
- Millennium Management's portfolio value fell 0.45% quarter-over-quarter to $66.5B.
Based on Millennium Management's 13F filing for Q2 2019, filed 14 Aug 2019.