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 | |
|---|---|---|---|---|---|---|
101
Align Technology
ALGN
$12B
| $115M | 0.17% |
419,726
+265,798
| +173% | +$80.3M |
|
102
CALL
iShares MSCI Emerging Markets ETF
EEM
$28B
| $115M | 0.17% |
2,672,400
+1,705,200
| +176% | +$72.4M |
|
103
Burlington
BURL
$22B
| $114M | 0.17% |
672,278
+187,817
| +39% | +$30.7M |
|
104
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.7B
| $114M | 0.17% |
916,415
-29,062
| -3% | -$3.49M |
|
|
SEE
105
DELISTED
Sealed Air
SEE
| $113M | 0.17% |
2,651,188
-67,446
| -2% | -$2.97M |
|
106
PUT
JPMorgan Chase
JPM
$939B
| $113M | 0.17% |
1,009,200
+991,300
| +5,538% | +$109M |
|
107
Matador Resources
MTDR
$6.31B
| $111M | 0.17% |
5,607,224
+2,286,693
| +69% | +$43.4M |
|
108
Lockheed Martin
LMT
$134B
| $111M | 0.17% |
306,522
-169,083
| -36% | -$56.6M |
|
109
Biogen
BIIB
$29.9B
| $111M | 0.17% |
475,720
+367,962
| +341% | +$85M |
|
|
WMGI
110
DELISTED
Wright Medical Group Inc
WMGI
| $110M | 0.17% |
3,701,260
+455,901
| +14% | +$13.9M |
|
111
Evercore
EVR
$13.1B
| $109M | 0.16% |
1,226,784
+410,643
| +50% | +$36.5M |
|
112
Wyndham Hotels & Resorts
WH
$5.46B
| $108M | 0.16% |
1,930,113
+946,322
| +96% | +$51.8M |
|
113
Alliant Energy
LNT
$19.4B
| $108M | 0.16% |
2,191,359
+98,511
| +5% | +$4.7M |
|
114
Netflix
NFLX
$292B
| $107M | 0.16% |
2,903,470
+32,010
| +1% | +$1.15M |
|
115
CALL
VanEck Gold Miners ETF
GDX
$23B
| $107M | 0.16% |
4,167,800
+2,667,800
| +178% | +$58.8M |
|
116
Trane Technologies
TT
$106B
| $106M | 0.16% |
837,607
+192,331
| +30% | +$23M |
|
117
McKesson
MCK
$98.5B
| $105M | 0.16% |
780,732
+198,163
| +34% | +$24.7M |
|
118
Las Vegas Sands
LVS
$30.5B
| $105M | 0.16% |
1,774,804
+667,059
| +60% | +$41.3M |
|
|
SCHW
119
Charles Schwab
SCHW
$177B
| $105M | 0.16% |
2,609,380
-632,284
| -20% | -$27.6M |
|
120
Jack in the Box
JACK
$278M
| $104M | 0.16% |
1,281,351
+438,145
| +52% | +$35.4M |
|
121
Raymond James Financial
RJF
$32.5B
| $104M | 0.16% |
1,843,944
-602,363
| -25% | -$34.3M |
|
122
Wintrust Financial
WTFC
$10.7B
| $104M | 0.16% |
1,417,711
-32,315
| -2% | -$2.36M |
|
123
Zions Bancorporation
ZION
$10.1B
| $103M | 0.15% |
2,241,378
+19,379
| +0.9% | +$897K |
|
124
CALL
iShares Biotechnology ETF
IBB
$9.31B
| $103M | 0.15% |
943,100
+550,700
| +140% | +$58.6M |
|
125
PUT
Bank of America
BAC
$435B
| $102M | 0.15% |
3,509,100
+3,442,200
| +5,145% | +$99.3M |
|
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.