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 | |
|---|---|---|---|---|---|---|
551
Broadridge
BR
$17.7B
| $30.9M | 0.05% |
298,091
-22,130
| -7% | -$2.22M |
|
552
Antero Midstream
AM
$10.4B
| $30.9M | 0.05% |
2,239,598
+2,181,147
| +3,732% | +$28.5M |
|
553
Workiva
WK
$3.13B
| $30.8M | 0.05% |
607,236
+249,292
| +70% | +$11M |
|
554
Capri Holdings
CPRI
$1.82B
| $30.7M | 0.05% |
670,240
-875,205
| -57% | -$38.3M |
|
|
KSU
555
DELISTED
Kansas City Southern
KSU
| $30.4M | 0.05% |
262,429
+178,052
| +211% | +$19.2M |
|
556
Bruker
BRKR
$9.14B
| $30.4M | 0.05% |
790,105
+49,462
| +7% | +$1.78M |
|
557
CALL
Vertex Pharmaceuticals
VRTX
$122B
| $30.4M | 0.05% |
165,000
+65,000
| +65% | +$12M |
|
|
BDN
558
Brandywine Realty Trust
BDN
$533M
| $30.2M | 0.05% |
1,906,865
+152,799
| +9% | +$2.31M |
|
559
American Homes 4 Rent
AMH
$12B
| $30.2M | 0.05% |
1,327,343
+164,373
| +14% | +$3.6M |
|
560
Zebra Technologies
ZBRA
$12.6B
| $30.1M | 0.05% |
143,808
+47,436
| +49% | +$8.93M |
|
|
NEWR
561
DELISTED
New Relic, Inc.
NEWR
| $30.1M | 0.05% |
305,123
-255,450
| -46% | -$25.3M |
|
562
Jabil
JBL
$32.6B
| $29.9M | 0.04% |
1,125,003
-733,459
| -39% | -$19.6M |
|
563
Eagle Bancorp
EGBN
$858M
| $29.9M | 0.04% |
595,868
+556,923
| +1,430% | +$30.4M |
|
564
BP
BP
$109B
| $29.9M | 0.04% |
695,652
-829,132
| -54% | -$34M |
|
|
P
565
Everpure Inc
P
$24.7B
| $29.9M | 0.04% |
1,370,102
+349,588
| +34% | +$6.64M |
|
566
CONMED
CNMD
$1.31B
| $29.7M | 0.04% |
357,058
+249,262
| +231% | +$18.1M |
|
567
Avis
CAR
$5.78B
| $29.7M | 0.04% |
851,767
+310,829
| +57% | +$9.31M |
|
568
Curtiss-Wright
CW
$27.5B
| $29.7M | 0.04% |
261,897
+6,319
| +2% | +$719K |
|
|
WCG
569
DELISTED
Wellcare Health Plans, Inc.
WCG
| $29.6M | 0.04% |
109,778
-77,155
| -41% | -$19.9M |
|
570
Frontdoor
FTDR
$5.1B
| $29.5M | 0.04% |
858,283
+843,361
| +5,652% | +$25.8M |
|
|
ABB
571
DELISTED
ABB Ltd
ABB
| $29.5M | 0.04% |
+1,563,658
| New | +$30.3M |
|
|
NEX
572
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $29.5M | 0.04% |
2,705,391
+374,572
| +16% | +$3.77M |
|
|
GRSHU
573
DELISTED
Gores Holdings III, Inc. Units
GRSHU
| $29.4M | 0.04% |
2,850,000
| – | – |
|
|
MGLN
574
DELISTED
Magellan Health Services, Inc.
MGLN
| $29.3M | 0.04% |
444,665
+390,088
| +715% | +$25M |
|
575
Lennar Class A
LEN
$20.5B
| $29.3M | 0.04% |
616,012
+498,648
| +425% | +$22.6M |
|
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.