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 | |
|---|---|---|---|---|---|---|
3526
Serina Therapeutics
SER
$31M
| $296K | ﹤0.01% |
2,081
-437
| -17% | -$63.9K |
|
3527
CALL
Bloomin' Brands
BLMN
$754M
| $294K | ﹤0.01% |
+14,400
| New | +$287K |
|
3528
Quest Diagnostics
DGX
$26B
| $294K | ﹤0.01% |
+3,265
| New | +$283K |
|
3529
PUT
Azenta
AZTA
$1.3B
| $293K | ﹤0.01% |
+10,000
| New | +$301K |
|
3530
BCB Bancorp
BCBP
$179M
| $293K | ﹤0.01% |
21,899
-13,406
| -38% | -$162K |
|
|
ETW
3531
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.01B
| $293K | ﹤0.01% |
30,000
+9,890
| +49% | +$96.2K |
|
3532
Ichor Holdings
ICHR
$2.17B
| $293K | ﹤0.01% |
12,984
-10,909
| -46% | -$222K |
|
3533
Invesco Dorsey Wright Energy Momentum ETF
PXI
$58.5M
| $293K | ﹤0.01% |
9,099
-1,963
| -18% | -$62.5K |
|
3534
State Street SPDR Dow Jones International Real Estate ETF
RWX
$267M
| $293K | ﹤0.01% |
+7,456
| New | +$284K |
|
3535
Weis Markets
WMK
$1.92B
| $293K | ﹤0.01% |
7,190
-527
| -7% | -$24.8K |
|
3536
Hancock Whitney
HWC
$6.19B
| $291K | ﹤0.01% |
7,213
-314,915
| -98% | -$12.9M |
|
3537
MGP Ingredients
MGPI
$403M
| $291K | ﹤0.01% |
+3,771
| New | +$275K |
|
3538
AMC Global Media
AMCX
$450M
| $290K | ﹤0.01% |
5,112
-3,754
| -42% | -$231K |
|
3539
Alphatec Holdings
ATEC
$1.48B
| $290K | ﹤0.01% |
+109,313
| New | +$212K |
|
3540
Parke Bancorp
PKBK
$397M
| $290K | ﹤0.01% |
15,247
+4,237
| +38% | +$78.4K |
|
|
TSC
3541
DELISTED
TriState Capital Holdings, Inc.
TSC
| $290K | ﹤0.01% |
14,182
-37,217
| -72% | -$790K |
|
3542
Diana Shipping
DSX
$266M
| $288K | ﹤0.01% |
+145,855
| New | +$304K |
|
|
SCHV
3543
Schwab US Large-Cap Value ETF
SCHV
$15.6B
| $288K | ﹤0.01% |
+15,774
| New | +$280K |
|
3544
St. Joe Company
JOE
$3.55B
| $287K | ﹤0.01% |
17,403
+3,336
| +24% | +$51.3K |
|
3545
Akebia Therapeutics
AKBA
$338M
| $286K | ﹤0.01% |
34,925
-202,602
| -85% | -$1.39M |
|
3546
CALL
Axsome Therapeutics
AXSM
$11.7B
| $285K | ﹤0.01% |
+20,000
| New | +$186K |
|
3547
Nicolet Bankshares
NIC
$3.6B
| $285K | ﹤0.01% |
+4,787
| New | +$266K |
|
|
LLL
3548
DELISTED
L3 Technologies, Inc.
LLL
| $285K | ﹤0.01% |
1,379
-123
| -8% | -$24.4K |
|
3549
CALL
Philip Morris
PM
$309B
| $283K | ﹤0.01% |
+3,200
| New | +$258K |
|
|
3550
PUT
Philip Morris
PM
$309B
| $283K | ﹤0.01% |
+3,200
| New | +$258K |
|
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.