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 | |
|---|---|---|---|---|---|---|
3001
Pebblebrook Hotel Trust
PEB
$2.12B
| $756K | ﹤0.01% |
24,325
-14,775
| -38% | -$466K |
|
3002
WaFd
WAFD
$2.69B
| $756K | ﹤0.01% |
26,184
-254,132
| -91% | -$7.47M |
|
|
KA
3003
CALL
DELISTED
Kineta, Inc. Common Stock
KA
| $756K | ﹤0.01% |
+4,286
| New | +$2.1M |
|
|
LSEA
3004
DELISTED
Landsea Homes
LSEA
| $755K | ﹤0.01% |
+75,000
| New | +$745K |
|
3005
Center Bancorp
CNOB
$1.66B
| $751K | ﹤0.01% |
38,110
-229,904
| -86% | -$4.71M |
|
3006
Tempest Therapeutics
TPST
$13.8M
| $749K | ﹤0.01% |
+256
| New | +$566K |
|
|
SCS
3007
DELISTED
Steelcase
SCS
| $748K | ﹤0.01% |
51,432
+15,721
| +44% | +$261K |
|
3008
Cytosorbents Corp
CTSO
$22M
| $744K | ﹤0.01% |
+98,228
| New | +$765K |
|
|
HMTA
3009
DELISTED
HomeTown Bankshares Corporation Common Stock
HMTA
| $743K | ﹤0.01% |
51,922
-1,525
| -3% | -$21.3K |
|
3010
Endava
DAVA
$153M
| $741K | ﹤0.01% |
26,948
-2,288
| -8% | -$57.7K |
|
3011
Geron
GERN
$860M
| $740K | ﹤0.01% |
446,076
-290,231
| -39% | -$397K |
|
3012
Phunware
PHUN
$43.8M
| $737K | ﹤0.01% |
+1,077
| New | +$4.65M |
|
|
CHX
3013
DELISTED
ChampionX
CHX
| $735K | ﹤0.01% |
17,899
-192,628
| -91% | -$7.12M |
|
3014
iShares Latin America 40 ETF
ILF
$3.85B
| $734K | ﹤0.01% |
22,077
-58,359
| -73% | -$1.99M |
|
|
MCF
3015
DELISTED
Contango Oil & Gas Co.
MCF
| $734K | ﹤0.01% |
232,865
+24,388
| +12% | +$87.8K |
|
|
FBM
3016
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $733K | ﹤0.01% |
+74,513
| New | +$722K |
|
3017
Direxion Daily FTSE China Bull 3X ETF
YINN
$782M
| $729K | ﹤0.01% |
1,508
+24
| +2% | +$10.7K |
|
3018
RB Global
RBA
$20.5B
| $728K | ﹤0.01% |
21,410
-159,618
| -88% | -$5.62M |
|
3019
Fresenius Medical Care
FMS
$13.8B
| $727K | ﹤0.01% |
17,926
-216,754
| -92% | -$8.08M |
|
|
PRA
3020
DELISTED
ProAssurance
PRA
| $726K | ﹤0.01% |
20,980
-24,871
| -54% | -$1.01M |
|
3021
StoneX
SNEX
$9.39B
| $726K | ﹤0.01% |
+94,805
| New | +$748K |
|
|
CBMB
3022
DELISTED
CBM Bancorp, Inc.
CBMB
| $726K | ﹤0.01% |
56,027
-2,612
| -4% | -$33.6K |
|
|
ENLC
3023
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $724K | ﹤0.01% |
56,613
-488,318
| -90% | -$5.52M |
|
3024
Marcus Corp
MCS
$912M
| $721K | ﹤0.01% |
+17,992
| New | +$744K |
|
|
VNE
3025
DELISTED
Veoneer, Inc.
VNE
| $721K | ﹤0.01% |
31,511
-117,689
| -79% | -$3.26M |
|
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.