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 | |
|---|---|---|---|---|---|---|
3226
Mueller Industries
MLI
$14.5B
| $488K | ﹤0.01% |
66,712
-70,052
| -51% | -$512K |
|
3227
CALL
UnitedHealth
UNH
$387B
| $488K | ﹤0.01% |
2,000
-38,000
| -95% | -$9.14M |
|
|
VRE
3228
DELISTED
Veris Residential
VRE
| $488K | ﹤0.01% |
+20,962
| New | +$481K |
|
|
TECX
3229
Tectonic Therapeutic
TECX
$561M
| $488K | ﹤0.01% |
+2,501
| New | +$539K |
|
3230
Semtech
SMTC
$10.6B
| $487K | ﹤0.01% |
10,135
-335,315
| -97% | -$16.3M |
|
|
STR
3231
DELISTED
Sitio Royalties
STR
| $487K | ﹤0.01% |
14,492
-124,335
| -90% | -$4.08M |
|
3232
Hewlett Packard
HPE
$59.7B
| $486K | ﹤0.01% |
32,523
-1,090,235
| -97% | -$16.5M |
|
|
ACH
3233
Accendra Health
ACH
$241M
| $485K | ﹤0.01% |
151,483
-450,908
| -75% | -$1.54M |
|
3234
Albany International
AIN
$2.17B
| $483K | ﹤0.01% |
5,822
-233,696
| -98% | -$17.5M |
|
|
AMWD
3235
DELISTED
American Woodmark
AMWD
| $482K | ﹤0.01% |
5,701
-55,539
| -91% | -$4.68M |
|
3236
CALL
Revvity
RVTY
$12.4B
| $482K | ﹤0.01% |
5,000
-5,000
| -50% | -$466K |
|
|
CLSD
3237
DELISTED
Clearside Biomedical
CLSD
| $481K | ﹤0.01% |
+32,988
| New | +$588K |
|
3238
Eagle Materials
EXP
$6.85B
| $481K | ﹤0.01% |
5,188
-6,827
| -57% | -$602K |
|
|
KZR
3239
DELISTED
Kezar Life Sciences
KZR
| $480K | ﹤0.01% |
+6,222
| New | +$968K |
|
3240
PUT
Penumbra
PEN
$12.6B
| $480K | ﹤0.01% |
3,000
-42,000
| -93% | -$6.07M |
|
|
NEE.PRR
3241
DELISTED
NextEra Energy, Inc.
NEE.PRR
| $478K | ﹤0.01% |
7,355
-463
| -6% | -$29.2K |
|
3242
Banco Santander Chile
BSAC
$16.2B
| $477K | ﹤0.01% |
15,934
-248,371
| -94% | -$7.2M |
|
|
ICPT
3243
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $475K | ﹤0.01% |
5,966
-8,341
| -58% | -$747K |
|
|
INWK
3244
DELISTED
InnerWorkings, Inc.
INWK
| $475K | ﹤0.01% |
124,403
-94,859
| -43% | -$345K |
|
3245
PUT
Emerson Electric
EMR
$84.9B
| $474K | ﹤0.01% |
+7,100
| New | +$476K |
|
3246
Weibo
WB
$1.95B
| $474K | ﹤0.01% |
10,881
-286,666
| -96% | -$16.1M |
|
|
CSOD
3247
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $474K | ﹤0.01% |
8,187
-430,605
| -98% | -$23.3M |
|
|
BHR
3248
Braemar Hotels & Resorts
BHR
$155M
| $473K | ﹤0.01% |
48,304
-95,673
| -66% | -$1.14M |
|
3249
CALL
PVH
PVH
$4B
| $473K | ﹤0.01% |
+5,000
| New | +$553K |
|
|
PEI
3250
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $472K | ﹤0.01% |
4,844
-24,675
| -84% | -$2.4M |
|
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.