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 |
LyondellBasell Industries
LYB
|
+$492M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$392M |
| 3 |
Apple
AAPL
|
+$245M |
| 4 |
AGN
Allergan plc
AGN
|
+$238M |
| 5 |
NXP Semiconductors
NXPI
|
+$226M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$568M |
| 2 |
Coty
COTY
|
+$491M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$224M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$211M |
| 5 |
Sysco
SYY
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.12% |
| 2 | Technology | 11.12% |
| 3 | Financials | 10.62% |
| 4 | Consumer Discretionary | 8.46% |
| 5 | Industrials | 7.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Post Holdings
POST
$4.12B
| $26.4M | 0.04% |
388,285
+32,629
| +9% | +$2.29M |
|
|
ALXN
627
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $26.4M | 0.04% |
201,300
+151,100
| +301% | +$19.5M |
|
628
CALL
Bank of America
BAC
$435B
| $26.4M | 0.04% |
908,800
+848,300
| +1,402% | +$24.5M |
|
629
CrowdStrike
CRWD
$187B
| $26.3M | 0.04% |
+1,542,544
| New | +$26.2M |
|
630
Factset
FDS
$9.05B
| $26.2M | 0.04% |
91,542
+32,348
| +55% | +$8.95M |
|
631
Gaming and Leisure Properties
GLPI
$12.8B
| $26.2M | 0.04% |
672,158
-134,549
| -17% | -$5.33M |
|
632
Bio-Techne
TECH
$11.2B
| $26.2M | 0.04% |
502,392
-337,732
| -40% | -$17M |
|
|
SPR
633
DELISTED
Spirit AeroSystems
SPR
| $26.2M | 0.04% |
321,792
-45,417
| -12% | -$3.83M |
|
|
STL
634
DELISTED
Sterling Bancorp
STL
| $26.1M | 0.04% |
1,228,864
-1,577,785
| -56% | -$32.4M |
|
|
DLPH
635
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $26.1M | 0.04% |
1,305,733
+365,530
| +39% | +$7.49M |
|
|
PFPT
636
DELISTED
Proofpoint, Inc.
PFPT
| $26.1M | 0.04% |
217,141
-248,270
| -53% | -$29.2M |
|
637
Micron Technology
MU
$1.04T
| $26M | 0.04% |
674,709
+171,586
| +34% | +$6.54M |
|
638
Insulet
PODD
$11.3B
| $26M | 0.04% |
217,922
+62,998
| +41% | +$6.46M |
|
639
Ball Corp
BALL
$17B
| $26M | 0.04% |
371,695
+362,347
| +3,876% | +$22.5M |
|
640
AB InBev
BUD
$158B
| $26M | 0.04% |
293,452
+182,099
| +164% | +$15.6M |
|
|
BPYU
641
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $25.9M | 0.04% |
1,373,743
+860,758
| +168% | +$17.1M |
|
642
CALL
NVIDIA
NVDA
$5.01T
| $25.9M | 0.04% |
6,316,000
+3,224,000
| +104% | +$13.4M |
|
643
Northern Trust
NTRS
$22.2B
| $25.9M | 0.04% |
287,848
-976,729
| -77% | -$90M |
|
644
Saic
SAIC
$5.03B
| $25.8M | 0.04% |
298,298
-197,496
| -40% | -$15.5M |
|
645
Curtiss-Wright
CW
$27.7B
| $25.8M | 0.04% |
203,103
-58,794
| -22% | -$6.77M |
|
646
American Eagle Outfitters
AEO
$2.85B
| $25.8M | 0.04% |
+1,525,657
| New | +$30.9M |
|
647
Teradata
TDC
$2.68B
| $25.6M | 0.04% |
714,088
+511,862
| +253% | +$20M |
|
648
PUT
T-Mobile US
TMUS
$193B
| $25.6M | 0.04% |
345,000
+11,700
| +4% | +$869K |
|
649
AstraZeneca
AZN
$263B
| $25.3M | 0.04% |
306,739
-348,760
| -53% | -$27.3M |
|
650
Norwegian Cruise Line
NCLH
$8.89B
| $25.3M | 0.04% |
471,455
-41,612
| -8% | -$2.31M |
|
Similar funds
Millennium Management's Q2 2019 Portfolio in Review
As of Q2 2019, Millennium Management held 4,801 positions worth $66.5B, down 0.45% from $66.8B the previous quarter. Its ten largest holdings account for 7.7% of the portfolio.
Millennium Management's Q2 2019 filing shows 865 new, 1,488 increased, 1,571 reduced and 810 closed positions. Its largest new stake was Moody's: 638,271 shares worth $125M. The largest sale was Walt Disney, an estimated $568M.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 13% a quarter earlier, followed by Technology and Financials.
- Millennium Management's largest Q2 2019 buy was Moody's: 638,271 shares worth $125M.
- Millennium Management added most to LyondellBasell Industries in Q2 2019, an estimated $492M increase.
- Millennium Management's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $568M.
- Millennium Management fully exited Sysco in Q2 2019, selling an estimated $208M.
- Millennium Management's ten largest holdings make up 7.7% of its $66.5B portfolio in Q2 2019.
- Millennium Management opened 865 new positions and closed 810 in Q2 2019.
- Millennium Management's portfolio value fell 0.45% quarter-over-quarter to $66.5B.
Based on Millennium Management's 13F filing for Q2 2019, filed 14 Aug 2019.