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 | |
|---|---|---|---|---|---|---|
1001
Johnson Controls International
JCI
$87.5B
| $14.5M | 0.02% |
392,831
-1,332,841
| -77% | -$45.7M |
|
1002
American Financial Group
AFG
$12B
| $14.5M | 0.02% |
150,787
-179,207
| -54% | -$17.2M |
|
|
CCH.U
1003
DELISTED
Collier Creek Holdings Units, each consisting of one Class A ordinary share, $0.0001 par value, and
CCH.U
| $14.5M | 0.02% |
1,400,000
| – | – |
|
|
EMWP
1004
DELISTED
Eros Media World PLC
EMWP
| $14.5M | 0.02% |
79,195
+38,314
| +94% | +$7.36M |
|
1005
Flowserve
FLS
$9.29B
| $14.5M | 0.02% |
320,545
-7,552
| -2% | -$330K |
|
|
BPFH
1006
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $14.5M | 0.02% |
1,319,754
-1,009,872
| -43% | -$11.5M |
|
1007
EastGroup Properties
EGP
$11.3B
| $14.4M | 0.02% |
129,236
+55,473
| +75% | +$5.76M |
|
1008
Sixth Street Specialty
TSLX
$1.63B
| $14.4M | 0.02% |
720,416
+159,321
| +28% | +$3.16M |
|
1009
CALL
Bunge Global
BG
$22.8B
| $14.3M | 0.02% |
270,000
+75,800
| +39% | +$4.02M |
|
1010
CALL
Freeport-McMoran
FCX
$90.2B
| $14.3M | 0.02% |
+1,110,300
| New | +$13.4M |
|
1011
Sanmina
SANM
$11.2B
| $14.3M | 0.02% |
494,479
+275,256
| +126% | +$8.11M |
|
|
XOG
1012
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $14.3M | 0.02% |
3,369,835
+2,987,700
| +782% | +$12.5M |
|
1013
Jones Lang LaSalle
JLL
$15.5B
| $14.3M | 0.02% |
92,422
-51,248
| -36% | -$7.71M |
|
1014
PUT
Union Pacific
UNP
$178B
| $14.2M | 0.02% |
85,100
+78,600
| +1,209% | +$12.6M |
|
|
CTLT
1015
CALL
DELISTED
CATALENT, INC.
CTLT
| $14.2M | 0.02% |
+350,000
| New | +$13.7M |
|
1016
State Street Technology Select Sector SPDR ETF
XLK
$114B
| $14.2M | 0.02% |
383,786
+182,468
| +91% | +$6.24M |
|
1017
CALL
LKQ Corp
LKQ
$6.69B
| $14.2M | 0.02% |
+500,000
| New | +$13.5M |
|
|
AUTL
1018
Autolus Therapeutics
AUTL
$389M
| $14.2M | 0.02% |
450,362
+438,662
| +3,749% | +$12.5M |
|
1019
Rapid7
RPD
$643M
| $14.1M | 0.02% |
279,127
+137,324
| +97% | +$5.88M |
|
1020
Archrock
AROC
$6.26B
| $14.1M | 0.02% |
1,443,935
+348,990
| +32% | +$3.34M |
|
1021
Alector
ALEC
$168M
| $14.1M | 0.02% |
+753,611
| New | +$14.3M |
|
|
AAMI
1022
Acadian Asset Management
AAMI
$2.95B
| $14.1M | 0.02% |
1,039,659
+336,461
| +48% | +$4.35M |
|
|
CYBR
1023
DELISTED
CyberArk
CYBR
| $14.1M | 0.02% |
118,071
-59,186
| -33% | -$5.66M |
|
1024
Paylocity
PCTY
$6.97B
| $14M | 0.02% |
157,081
+38,293
| +32% | +$2.98M |
|
|
VTLE
1025
DELISTED
Vital Energy
VTLE
| $14M | 0.02% |
225,982
+55,514
| +33% | +$3.95M |
|
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.