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 | |
|---|---|---|---|---|---|---|
2926
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $862K | ﹤0.01% |
14,262
-10,419
| -42% | -$627K |
|
2927
Vodafone
VOD
$37.2B
| $862K | ﹤0.01% |
47,400
-425,203
| -90% | -$7.89M |
|
2928
Avalo Therapeutics
AVTX
$1.03B
| $861K | ﹤0.01% |
51
+46
| +920% | +$688K |
|
2929
CALL
Elevance Health
ELV
$81.6B
| $861K | ﹤0.01% |
+3,000
| New | +$868K |
|
|
KG
2930
Kestrel Group
KG
$67.1M
| $859K | ﹤0.01% |
57,827
+39,840
| +221% | +$921K |
|
2931
AC Immune
ACIU
$241M
| $857K | ﹤0.01% |
+169,759
| New | +$1.08M |
|
2932
Carriage Services
CSV
$637M
| $857K | ﹤0.01% |
44,531
-97,684
| -69% | -$1.88M |
|
2933
Globalstar
GSAT
$10.3B
| $857K | ﹤0.01% |
132,912
+4,814
| +4% | +$41K |
|
2934
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $857K | ﹤0.01% |
15,670
-65,700
| -81% | -$3.63M |
|
2935
Commercial Metals
CMC
$7.57B
| $855K | ﹤0.01% |
50,067
+14,611
| +41% | +$241K |
|
2936
First Trust Technology AlphaDEX Fund
FXL
$2.5B
| $855K | ﹤0.01% |
+13,371
| New | +$806K |
|
2937
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.51B
| $854K | ﹤0.01% |
10,354
+2,517
| +32% | +$194K |
|
2938
PUT
Align Technology
ALGN
$12.4B
| $853K | ﹤0.01% |
+3,000
| New | +$716K |
|
2939
Mitsubishi UFJ Financial
MUFG
$254B
| $853K | ﹤0.01% |
+172,300
| New | +$896K |
|
2940
State Street SPDR S&P Bank ETF
KBE
$1.64B
| $850K | ﹤0.01% |
+20,356
| New | +$873K |
|
2941
Manitowoc
MTW
$497M
| $847K | ﹤0.01% |
51,636
+28,176
| +120% | +$469K |
|
|
NEOS
2942
DELISTED
Neos Therapeutics, Inc
NEOS
| $845K | ﹤0.01% |
323,824
+235,181
| +265% | +$552K |
|
2943
Camden National
CAC
$977M
| $843K | ﹤0.01% |
20,214
+5,967
| +42% | +$249K |
|
|
CLCT
2944
DELISTED
Collectors Universe
CLCT
| $843K | ﹤0.01% |
48,100
+34,879
| +264% | +$530K |
|
|
VTA
2945
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| $840K | ﹤0.01% |
77,431
+67,058
| +646% | +$728K |
|
2946
Princeton Bancorp
BPRN
$280M
| $837K | ﹤0.01% |
26,370
-2,087
| -7% | -$64.8K |
|
2947
United Fire Group
UFCS
$1.34B
| $837K | ﹤0.01% |
19,147
+12,200
| +176% | +$610K |
|
|
ANSS
2948
DELISTED
Ansys
ANSS
| $836K | ﹤0.01% |
4,574
-30,073
| -87% | -$5.09M |
|
|
GTS
2949
DELISTED
Triple-S Management Corporation
GTS
| $834K | ﹤0.01% |
+38,431
| New | +$782K |
|
2950
CALL
CONMED
CNMD
$1.41B
| $832K | ﹤0.01% |
+10,000
| New | +$727K |
|
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.