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 | |
|---|---|---|---|---|---|---|
826
Peabody Energy
BTU
$2.81B
| $19M | 0.03% |
670,479
-971,765
| -59% | -$30.6M |
|
827
Integra LifeSciences
IART
$1.52B
| $19M | 0.03% |
340,238
+73,141
| +27% | +$3.73M |
|
828
United Parks & Resorts
PRKS
$2.12B
| $18.9M | 0.03% |
734,683
-793,440
| -52% | -$20.2M |
|
829
Knight Transportation
KNX
$11.5B
| $18.9M | 0.03% |
578,895
-267,903
| -32% | -$8.53M |
|
|
WBT
830
DELISTED
Welbilt, Inc.
WBT
| $18.9M | 0.03% |
1,154,514
+1,092,508
| +1,762% | +$15.9M |
|
|
SMAR
831
DELISTED
Smartsheet Inc.
SMAR
| $18.9M | 0.03% |
463,560
+341,385
| +279% | +$11.8M |
|
832
eHealth
EHTH
$43.2M
| $18.9M | 0.03% |
303,254
-18,433
| -6% | -$1.02M |
|
833
CALL
Quest Diagnostics
DGX
$25.6B
| $18.9M | 0.03% |
+210,000
| New | +$18.2M |
|
834
PUT
Booking.com
BKNG
$145B
| $18.8M | 0.03% |
270,000
-100,000
| -27% | -$7.14M |
|
835
EPR Properties
EPR
$4.85B
| $18.8M | 0.03% |
244,863
-311,887
| -56% | -$22.7M |
|
836
Advanced Micro Devices
AMD
$807B
| $18.8M | 0.03% |
737,774
-208,648
| -22% | -$4.74M |
|
837
Extreme Networks
EXTR
$3.92B
| $18.8M | 0.03% |
2,505,255
+224,229
| +10% | +$1.64M |
|
838
Monolithic Power Systems
MPWR
$65.8B
| $18.8M | 0.03% |
138,391
+53,242
| +63% | +$6.99M |
|
839
AngloGold Ashanti
AU
$40.7B
| $18.7M | 0.03% |
+1,430,250
| New | +$19.2M |
|
|
AY
840
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $18.7M | 0.03% |
958,531
+458,703
| +92% | +$8.71M |
|
|
DHC
841
Diversified Healthcare Trust
DHC
$2.28B
| $18.6M | 0.03% |
1,582,703
-58,127
| -4% | -$744K |
|
|
SGI
842
Somnigroup International
SGI
$15.3B
| $18.6M | 0.03% |
1,290,000
+384,572
| +42% | +$5.2M |
|
843
Paycom
PAYC
$7.05B
| $18.6M | 0.03% |
98,327
-89,722
| -48% | -$14.6M |
|
|
ARQL
844
DELISTED
Arqule Inc
ARQL
| $18.6M | 0.03% |
3,874,626
-106,927
| -3% | -$413K |
|
|
PPBI
845
DELISTED
Pacific Premier Bancorp
PPBI
| $18.5M | 0.03% |
698,829
+183,346
| +36% | +$5.23M |
|
846
Ingevity
NGVT
$2.59B
| $18.5M | 0.03% |
175,298
+169,298
| +2,822% | +$17M |
|
847
PUT
United Airlines
UAL
$39.1B
| $18.5M | 0.03% |
231,800
+134,200
| +138% | +$11.3M |
|
848
Weibo
WB
$1.92B
| $18.4M | 0.03% |
297,547
+215,527
| +263% | +$13.4M |
|
|
VSM
849
DELISTED
Versum Materials, Inc.
VSM
| $18.4M | 0.03% |
366,512
-807,483
| -69% | -$32.1M |
|
850
Trustmark
TRMK
$2.71B
| $18.4M | 0.03% |
+547,796
| New | +$17.9M |
|
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.