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 | |
|---|---|---|---|---|---|---|
576
A.O. Smith
AOS
$8.61B
| $29.2M | 0.04% |
548,281
-865,339
| -61% | -$43M |
|
577
American Tower
AMT
$77.7B
| $29.2M | 0.04% |
148,212
+146,324
| +7,750% | +$25.7M |
|
|
AMED
578
DELISTED
Amedisys
AMED
| $29.2M | 0.04% |
236,767
+14,254
| +6% | +$1.79M |
|
|
DCPH
579
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $29.2M | 0.04% |
1,256,489
+9,849
| +0.8% | +$258K |
|
|
LOGM
580
DELISTED
LogMein, Inc.
LOGM
| $29.1M | 0.04% |
363,733
+204,943
| +129% | +$17.5M |
|
581
First Interstate BancSystem
FIBK
$3.67B
| $29.1M | 0.04% |
731,335
-20,406
| -3% | -$816K |
|
|
ACC
582
DELISTED
American Campus Communities, Inc.
ACC
| $29.1M | 0.04% |
611,118
+232,255
| +61% | +$10.4M |
|
583
Essential Properties Realty Trust
EPRT
$6.9B
| $29.1M | 0.04% |
1,488,749
+460,950
| +45% | +$7.53M |
|
584
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.4B
| $28.8M | 0.04% |
383,500
+4,300
| +1% | +$311K |
|
585
Teck Resources
TECK
$29.3B
| $28.8M | 0.04% |
1,240,965
-1,784,912
| -59% | -$40.2M |
|
586
Telephone and Data Systems
TDS
$3.83B
| $28.7M | 0.04% |
935,457
-139,422
| -13% | -$4.75M |
|
|
INXN
587
DELISTED
Interxion Holding N.V.
INXN
| $28.7M | 0.04% |
430,742
+208,525
| +94% | +$12.9M |
|
|
588
CALL
Zimmer Biomet
ZBH
$17.8B
| $28.7M | 0.04% |
231,750
+185,400
| +400% | +$21.1M |
|
589
Henry Schein
HSIC
$9.64B
| $28.7M | 0.04% |
476,819
+467,489
| +5,011% | +$28.2M |
|
590
PUT
Amgen
AMGN
$203B
| $28.6M | 0.04% |
+150,600
| New | +$28.8M |
|
|
RDUS
591
DELISTED
Radius Health, Inc.
RDUS
| $28.4M | 0.04% |
1,424,429
-396,709
| -22% | -$7.24M |
|
592
Linde
LIN
$234B
| $28.3M | 0.04% |
161,111
+136,162
| +546% | +$22.6M |
|
593
OneMain Financial
OMF
$7.08B
| $28.3M | 0.04% |
892,332
+413,307
| +86% | +$12.8M |
|
594
Church & Dwight Co
CHD
$23.4B
| $28.3M | 0.04% |
396,864
+374,594
| +1,682% | +$24.6M |
|
|
HOME
595
DELISTED
At Home Group Inc.
HOME
| $28.2M | 0.04% |
1,580,729
+316,943
| +25% | +$7.02M |
|
596
Fate Therapeutics
FATE
$283M
| $28.2M | 0.04% |
1,606,254
+1,018,614
| +173% | +$16.1M |
|
|
OPLN
597
CALL
Openlane
OPLN
$4.25B
| $28.2M | 0.04% |
+1,453,100
| New | +$27.4M |
|
|
EFOR
598
Everforth Inc
EFOR
$884M
| $28.2M | 0.04% |
444,484
-1,610
| -0.4% | -$101K |
|
599
Norwegian Cruise Line
NCLH
$9.2B
| $28.2M | 0.04% |
513,067
+69,308
| +16% | +$3.57M |
|
|
XEC
600
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $28.1M | 0.04% |
401,900
| – | – |
|
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.