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 | |
|---|---|---|---|---|---|---|
951
Methanex
MEOH
$4.19B
| $15.6M | 0.02% |
274,926
-360,661
| -57% | -$20.3M |
|
952
SPDR Gold Trust
GLD
$132B
| $15.6M | 0.02% |
127,712
-50,958
| -29% | -$6.28M |
|
953
RTX Corp
RTX
$294B
| $15.6M | 0.02% |
192,045
-1,679,425
| -90% | -$128M |
|
|
TVTY
954
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $15.5M | 0.02% |
885,283
+17,627
| +2% | +$375K |
|
955
BioMarin Pharmaceuticals
BMRN
$11.6B
| $15.5M | 0.02% |
174,878
+68,586
| +65% | +$6.36M |
|
956
Consolidated Edison
ED
$41.1B
| $15.5M | 0.02% |
182,277
-960,035
| -84% | -$76.7M |
|
957
Ericsson
ERIC
$31.8B
| $15.4M | 0.02% |
1,682,321
-3,884,167
| -70% | -$35.1M |
|
958
LivePerson
LPSN
$20.8M
| $15.4M | 0.02% |
35,436
+839
| +2% | +$314K |
|
959
DXC Technology
DXC
$1.68B
| $15.4M | 0.02% |
239,229
-80,602
| -25% | -$5.15M |
|
960
Viasat
VSAT
$10.2B
| $15.3M | 0.02% |
197,687
-388,304
| -66% | -$27M |
|
961
FedEx
FDX
$73.5B
| $15.3M | 0.02% |
84,288
-252,794
| -75% | -$44.7M |
|
962
PUT
Bio-Rad Laboratories Class A
BIO
$8.47B
| $15.3M | 0.02% |
+50,000
| New | +$13.5M |
|
963
Emcor
EME
$33B
| $15.3M | 0.02% |
208,937
+985
| +0.5% | +$66.8K |
|
964
VanEck Junior Gold Miners ETF
GDXJ
$7.15B
| $15.2M | 0.02% |
480,513
+392,697
| +447% | +$12.5M |
|
|
ACHN
965
DELISTED
Achillion Pharmaceuticals
ACHN
| $15.2M | 0.02% |
5,144,173
+3,065,761
| +148% | +$7.53M |
|
966
Pampa Energía
PAM
$4.61B
| $15.2M | 0.02% |
552,261
+332,954
| +152% | +$11.2M |
|
|
GWPH
967
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $15.2M | 0.02% |
90,279
-70,779
| -44% | -$10.5M |
|
|
GSAH.U
968
DELISTED
GS Acquisition Holdings Corp. Units, each consisting of one share of Class A common stock and one-th
GSAH.U
| $15.2M | 0.02% |
1,450,000
| – | – |
|
969
Booking.com
BKNG
$145B
| $15.2M | 0.02% |
217,875
-3,388,200
| -94% | -$242M |
|
970
Vail Resorts
MTN
$5.28B
| $15.2M | 0.02% |
69,967
+39,998
| +133% | +$8.17M |
|
|
WW
971
DELISTED
WW International
WW
| $15.2M | 0.02% |
753,770
+353,925
| +89% | +$9.78M |
|
|
LSXMA
972
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $15.2M | 0.02% |
550,088
+2,432
| +0.4% | +$69.4K |
|
973
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$781B
| $15.1M | 0.02% |
53,500
-432,200
| -89% | -$117M |
|
|
LHCG
974
DELISTED
LHC Group LLC
LHCG
| $15.1M | 0.02% |
136,105
+132,016
| +3,229% | +$14.1M |
|
|
SEM
975
DELISTED
Select Medical
SEM
| $15.1M | 0.02% |
1,983,366
+545,051
| +38% | +$4.38M |
|
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.