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 | |
|---|---|---|---|---|---|---|
351
Petrobras
PBR
$117B
| $49.1M | 0.07% |
3,086,332
-2,361,979
| -43% | -$37.5M |
|
352
B&G Foods
BGS
$291M
| $49M | 0.07% |
2,006,876
+1,996,487
| +19,217% | +$52.3M |
|
|
SYNH
353
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $48.9M | 0.07% |
944,879
+168,072
| +22% | +$8.15M |
|
354
LKQ Corp
LKQ
$6.69B
| $48.9M | 0.07% |
1,722,750
+460,102
| +36% | +$12.4M |
|
355
Healthcare Realty
HR
$7.51B
| $48.2M | 0.07% |
1,684,331
-354,670
| -17% | -$9.86M |
|
|
B
356
Barrick Mining
B
$62.4B
| $48M | 0.07% |
3,501,635
+454,417
| +15% | +$5.87M |
|
357
Dentsply Sirona
XRAY
$2.63B
| $47.9M | 0.07% |
965,627
-1,403,221
| -59% | -$61.8M |
|
358
Macy's
M
$6.57B
| $47.6M | 0.07% |
1,981,822
+1,865,778
| +1,608% | +$47.1M |
|
|
CERN
359
DELISTED
Cerner Corp
CERN
| $47.6M | 0.07% |
832,221
+85,476
| +11% | +$4.76M |
|
360
Packaging Corp of America
PKG
$22.5B
| $46.9M | 0.07% |
471,611
-553,351
| -54% | -$52.6M |
|
361
Kosmos Energy
KOS
$1.45B
| $46.9M | 0.07% |
7,520,146
+1,181,268
| +19% | +$6.55M |
|
362
DaVita
DVA
$15.2B
| $46.2M | 0.07% |
851,230
-41,920
| -5% | -$2.32M |
|
363
Kinder Morgan
KMI
$70.9B
| $46.2M | 0.07% |
2,309,224
-6,713,701
| -74% | -$125M |
|
364
W.W. Grainger
GWW
$65.8B
| $46.2M | 0.07% |
153,441
+147,151
| +2,339% | +$43.8M |
|
|
GAP
365
The Gap Inc
GAP
$7.06B
| $46.1M | 0.07% |
1,760,627
+1,743,273
| +10,045% | +$44.5M |
|
366
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.6B
| $46M | 0.07% |
+808,600
| New | +$43.8M |
|
367
L3Harris
LHX
$56.6B
| $46M | 0.07% |
287,787
-15,073
| -5% | -$2.32M |
|
368
Evertec
EVTC
$1.89B
| $45.7M | 0.07% |
1,642,941
+961,506
| +141% | +$27.2M |
|
|
STMP
369
DELISTED
Stamps.com, Inc.
STMP
| $45.7M | 0.07% |
561,152
+558,452
| +20,683% | +$78.6M |
|
|
WBC
370
DELISTED
WABCO HOLDINGS INC.
WBC
| $45.7M | 0.07% |
346,479
+301,038
| +662% | +$37.1M |
|
|
371
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.6B
| $45.5M | 0.07% |
+800,000
| New | +$43.4M |
|
372
Associated Banc-Corp
ASB
$5.78B
| $45.5M | 0.07% |
2,129,283
-749,920
| -26% | -$16.5M |
|
373
Amdocs
DOX
$5.67B
| $45.4M | 0.07% |
839,140
+666,365
| +386% | +$37.5M |
|
|
ADSW
374
DELISTED
Advanced Disposal Services Inc
ADSW
| $45.1M | 0.07% |
1,612,392
-412,417
| -20% | -$10.7M |
|
375
Coca-Cola
KO
$361B
| $45M | 0.07% |
960,307
+62,726
| +7% | +$2.93M |
|
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.