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 | |
|---|---|---|---|---|---|---|
3126
Smith & Wesson
SWBI
$669M
| $605K | ﹤0.01% |
+84,268
| New | +$764K |
|
|
CDTX
3127
DELISTED
Cidara Therapeutics
CDTX
| $603K | ﹤0.01% |
11,376
+835
| +8% | +$45.8K |
|
3128
Cable One
CABO
$224M
| $602K | ﹤0.01% |
+613
| New | +$556K |
|
|
GRUB
3129
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $602K | ﹤0.01% |
+4,333
| New | +$671K |
|
|
FBMS
3130
DELISTED
The First Bancshares, Inc.
FBMS
| $601K | ﹤0.01% |
+19,446
| New | +$614K |
|
|
WMC
3131
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $601K | ﹤0.01% |
5,874
+478
| +9% | +$47.1K |
|
3132
World Kinect Corp
WKC
$2.03B
| $599K | ﹤0.01% |
20,737
-27,364
| -57% | -$718K |
|
3133
PrimeEnergy Resources
PNRG
$292M
| $598K | ﹤0.01% |
+3,645
| New | +$463K |
|
3134
BJs Wholesale Club
BJ
$12.6B
| $596K | ﹤0.01% |
21,748
+950
| +5% | +$24.2K |
|
3135
Photronics
PLAB
$1.74B
| $596K | ﹤0.01% |
63,024
-344,313
| -85% | -$3.49M |
|
|
TBRG
3136
PUT
DELISTED
TruBridge
TBRG
| $594K | ﹤0.01% |
+20,000
| New | +$578K |
|
|
IVAC
3137
DELISTED
Intevac Inc
IVAC
| $591K | ﹤0.01% |
96,481
+44,475
| +86% | +$256K |
|
|
AMRS
3138
DELISTED
Amyris Inc.
AMRS
| $591K | ﹤0.01% |
+282,582
| New | +$1.12M |
|
3139
GATX Corp
GATX
$6.45B
| $590K | ﹤0.01% |
7,727
-18,570
| -71% | -$1.39M |
|
3140
Ring Energy
REI
$315M
| $590K | ﹤0.01% |
100,477
+69,550
| +225% | +$413K |
|
|
ZEPP
3141
Zepp Health
ZEPP
$64.8M
| $589K | ﹤0.01% |
11,251
+7,809
| +227% | +$421K |
|
|
MRCC
3142
DELISTED
Monroe Capital Corp
MRCC
| $587K | ﹤0.01% |
+48,359
| New | +$580K |
|
3143
Thor Industries
THO
$3.95B
| $587K | ﹤0.01% |
9,406
-131,847
| -93% | -$8.35M |
|
|
TPIC
3144
DELISTED
TPI Composites
TPIC
| $587K | ﹤0.01% |
+20,503
| New | +$607K |
|
|
AHRT
3145
AH Realty Trust
AHRT
$536M
| $586K | ﹤0.01% |
37,571
+27,386
| +269% | +$413K |
|
3146
Brown-Forman Class B
BF.B
$13.2B
| $585K | ﹤0.01% |
11,085
-624,664
| -98% | -$30.3M |
|
3147
Select Water Solutions
WTTR
$2.26B
| $585K | ﹤0.01% |
48,641
-247,164
| -84% | -$2.33M |
|
3148
Generac Holdings
GNRC
$11.3B
| $584K | ﹤0.01% |
11,407
+243
| +2% | +$12.7K |
|
3149
Moderna
MRNA
$23B
| $584K | ﹤0.01% |
28,704
-148,536
| -84% | -$2.76M |
|
3150
Insight Enterprises
NSIT
$3.86B
| $584K | ﹤0.01% |
10,606
-118,766
| -92% | -$5.99M |
|
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.