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 | |
|---|---|---|---|---|---|---|
1276
Enviri
NVRI
$623M
| $9.62M | 0.01% |
477,214
+94,800
| +25% | +$2.04M |
|
|
BDSI
1277
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $9.61M | 0.01% |
1,813,595
+832,173
| +85% | +$3.8M |
|
1278
Kratos Defense & Security Solutions
KTOS
$9.12B
| $9.6M | 0.01% |
614,368
+573,902
| +1,418% | +$9.03M |
|
1279
CALL
Medtronic
MDT
$111B
| $9.6M | 0.01% |
+105,400
| New | +$9.43M |
|
1280
PUT
Thermo Fisher Scientific
TMO
$214B
| $9.58M | 0.01% |
35,000
+25,000
| +250% | +$6.22M |
|
1281
Addus HomeCare
ADUS
$2.23B
| $9.58M | 0.01% |
150,627
+129,811
| +624% | +$8.34M |
|
1282
PUT
Skyworks Solutions
SWKS
$9.73B
| $9.55M | 0.01% |
115,800
+103,700
| +857% | +$8.01M |
|
1283
National Bank Holdings
NBHC
$1.9B
| $9.54M | 0.01% |
286,980
-183,300
| -39% | -$6.14M |
|
|
CZZ
1284
DELISTED
Cosan Limited
CZZ
| $9.52M | 0.01% |
821,043
+460,316
| +128% | +$5.07M |
|
|
SASR
1285
DELISTED
Sandy Spring Bancorp Inc
SASR
| $9.51M | 0.01% |
304,154
+95,776
| +46% | +$3.17M |
|
|
MNDT
1286
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $9.49M | 0.01% |
565,537
-1,602,706
| -74% | -$27M |
|
|
TLRD
1287
DELISTED
Tailored Brands, Inc.
TLRD
| $9.48M | 0.01% |
1,209,088
+893,726
| +283% | +$10.6M |
|
|
WNS
1288
DELISTED
WNS Holdings
WNS
| $9.48M | 0.01% |
177,918
+158,315
| +808% | +$7.94M |
|
|
RSX
1289
PUT
DELISTED
VanEck Russia ETF
RSX
| $9.48M | 0.01% |
460,000
-292,500
| -39% | -$6.02M |
|
1290
American Airlines Group
AAL
$10.2B
| $9.47M | 0.01% |
298,281
-1,640,589
| -85% | -$55.1M |
|
|
FIT
1291
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $9.47M | 0.01% |
1,600,000
-300,000
| -16% | -$1.82M |
|
1292
NewMarket
NEU
$7.2B
| $9.46M | 0.01% |
21,815
+19,665
| +915% | +$8.31M |
|
1293
Grupo Aeroportuario Centro Norte
OMAB
$5.23B
| $9.42M | 0.01% |
208,879
+118,238
| +130% | +$5.26M |
|
1294
Boston Beer
SAM
$1.93B
| $9.4M | 0.01% |
31,908
+20,773
| +187% | +$5.68M |
|
|
GWR
1295
DELISTED
Genesee & Wyoming Inc.
GWR
| $9.4M | 0.01% |
107,920
+96,131
| +815% | +$7.8M |
|
|
FSCT
1296
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $9.38M | 0.01% |
223,825
+9,191
| +4% | +$330K |
|
1297
Dycom Industries
DY
$12.1B
| $9.38M | 0.01% |
204,078
+10,777
| +6% | +$590K |
|
1298
Deluxe
DLX
$1.25B
| $9.37M | 0.01% |
214,382
-31,140
| -13% | -$1.4M |
|
1299
AES
AES
$10.6B
| $9.37M | 0.01% |
518,243
-265,844
| -34% | -$4.47M |
|
1300
AB InBev
BUD
$161B
| $9.35M | 0.01% |
+111,353
| New | +$8.56M |
|
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.