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 | |
|---|---|---|---|---|---|---|
3476
Gogo Inc
GOGO
$525M
| $326K | ﹤0.01% |
+72,607
| New | +$303K |
|
|
NGD
3477
DELISTED
New Gold Inc
NGD
| $326K | ﹤0.01% |
378,705
-49,955
| -12% | -$48.9K |
|
|
CSTR
3478
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $325K | ﹤0.01% |
22,523
+10,673
| +90% | +$168K |
|
3479
CALL
BP
BP
$112B
| $324K | ﹤0.01% |
+7,525
| New | +$308K |
|
|
3480
PUT
BP
BP
$112B
| $324K | ﹤0.01% |
+7,525
| New | +$308K |
|
3481
Harvard Bioscience
HBIO
$27.6M
| $324K | ﹤0.01% |
7,524
+5,717
| +316% | +$207K |
|
|
EVBN
3482
DELISTED
Evans Bancorp Inc
EVBN
| $324K | ﹤0.01% |
+9,100
| New | +$319K |
|
|
BLCM
3483
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $324K | ﹤0.01% |
9,602
-27,935
| -74% | -$934K |
|
3484
Schwab Emerging Markets Equity ETF
SCHE
$12.2B
| $323K | ﹤0.01% |
+12,437
| New | +$315K |
|
3485
Astec Industries
ASTE
$1.17B
| $322K | ﹤0.01% |
+8,536
| New | +$319K |
|
3486
PUT
VanEck Oil Services ETF
OIH
$1.97B
| $322K | ﹤0.01% |
935
-54,380
| -98% | -$18.3M |
|
3487
Urban One Class D
UONEK
$22.4M
| $322K | ﹤0.01% |
16,112
+211
| +1% | +$4.29K |
|
|
SPWR
3488
DELISTED
SunPower Corporation Common Stock
SPWR
| $322K | ﹤0.01% |
75,474
+12,594
| +20% | +$49.1K |
|
3489
Capital City Bank Group
CCBG
$897M
| $321K | ﹤0.01% |
+14,744
| New | +$353K |
|
|
DYNC
3490
DELISTED
Vistra Energy Corp.
DYNC
| $321K | ﹤0.01% |
+3,246
| New | +$316K |
|
|
EMO
3491
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.01B
| $320K | ﹤0.01% |
6,668
-742
| -10% | -$34.9K |
|
3492
Western New England Bancorp
WNEB
$260M
| $320K | ﹤0.01% |
34,681
+23,707
| +216% | +$227K |
|
3493
Blackbaud
BLKB
$1.94B
| $318K | ﹤0.01% |
3,988
-54,234
| -93% | -$3.98M |
|
3494
Compass Diversified
CODI
$752M
| $318K | ﹤0.01% |
20,298
+2,035
| +11% | +$31.2K |
|
3495
Cogent Biosciences
COGT
$6.76B
| $317K | ﹤0.01% |
+18,041
| New | +$308K |
|
3496
iShares Core MSCI Europe ETF
IEUR
$8.8B
| $317K | ﹤0.01% |
+6,902
| New | +$307K |
|
|
CISN
3497
DELISTED
Cision Ltd. Ordinary Share
CISN
| $316K | ﹤0.01% |
+22,917
| New | +$295K |
|
3498
CALL
Colgate-Palmolive
CL
$74.8B
| $315K | ﹤0.01% |
+4,600
| New | +$297K |
|
|
3499
PUT
Colgate-Palmolive
CL
$74.8B
| $315K | ﹤0.01% |
+4,600
| New | +$297K |
|
3500
Kilroy Realty
KRC
$4.59B
| $315K | ﹤0.01% |
4,152
-140,185
| -97% | -$10M |
|
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.