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 | |
|---|---|---|---|---|---|---|
1301
Abeona Therapeutics
ABEO
$343M
| $9.35M | 0.01% |
50,789
+10,570
| +26% | +$1.89M |
|
|
HA
1302
DELISTED
Hawaiian Holdings, Inc.
HA
| $9.33M | 0.01% |
355,290
+330,875
| +1,355% | +$9.61M |
|
1303
Adient
ADNT
$1.7B
| $9.32M | 0.01% |
719,135
-25,800
| -3% | -$452K |
|
|
GLOG
1304
DELISTED
GASLOG LTD
GLOG
| $9.31M | 0.01% |
533,475
-75,487
| -12% | -$1.31M |
|
1305
CDW
CDW
$18.4B
| $9.31M | 0.01% |
96,639
-546,646
| -85% | -$48.8M |
|
|
DPLO
1306
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $9.31M | 0.01% |
1,602,920
+928,980
| +138% | +$9.59M |
|
1307
Southern Copper
SCCO
$140B
| $9.28M | 0.01% |
252,200
-452,674
| -64% | -$14.5M |
|
1308
E.W. Scripps
SSP
$282M
| $9.28M | 0.01% |
441,712
-49,346
| -10% | -$981K |
|
|
PRSP
1309
DELISTED
Perspecta Inc. Common Stock
PRSP
| $9.22M | 0.01% |
455,941
+103,953
| +30% | +$2.09M |
|
1310
Ternium
TX
$9.68B
| $9.21M | 0.01% |
338,537
-35,467
| -9% | -$1.03M |
|
1311
Applied Materials
AMAT
$378B
| $9.21M | 0.01% |
232,329
-1,504,292
| -87% | -$57.1M |
|
1312
ACI Worldwide
ACIW
$6.1B
| $9.2M | 0.01% |
279,880
-117,018
| -29% | -$3.57M |
|
1313
Columbia Banking Systems
COLB
$8.84B
| $9.15M | 0.01% |
279,950
+262,342
| +1,490% | +$9.53M |
|
1314
T-Mobile US
TMUS
$196B
| $9.14M | 0.01% |
132,284
+8,987
| +7% | +$629K |
|
|
KYNB
1315
Kyntra Bio
KYNB
$28.2M
| $9.1M | 0.01% |
6,695
+6,467
| +2,836% | +$8.77M |
|
|
RARX
1316
DELISTED
Ra Pharmaceuticals, Inc. Common Stock
RARX
| $9.09M | 0.01% |
405,940
-6,126
| -1% | -$132K |
|
|
NAV
1317
DELISTED
Navistar International
NAV
| $9.08M | 0.01% |
+281,093
| New | +$9.34M |
|
1318
Dine Brands
DIN
$458M
| $9.05M | 0.01% |
99,193
+64,971
| +190% | +$5.52M |
|
1319
ICF International
ICFI
$1.51B
| $9.05M | 0.01% |
119,001
+95,094
| +398% | +$6.71M |
|
1320
CALL
EOG Resources
EOG
$74.4B
| $9.05M | 0.01% |
95,100
| – | – |
|
|
HEXO
1321
DELISTED
HEXO Corp. Common Shares
HEXO
| $9.05M | 0.01% |
+24,376
| New | +$7.89M |
|
|
CBM
1322
DELISTED
Cambrex Corporation
CBM
| $9.04M | 0.01% |
232,812
+225,648
| +3,150% | +$9.24M |
|
|
HPP
1323
Hudson Pacific Properties
HPP
$765M
| $9.04M | 0.01% |
37,518
+3,089
| +9% | +$702K |
|
1324
Ultrapar
UGP
$6.74B
| $9.03M | 0.01% |
1,510,686
+494,292
| +49% | +$3.51M |
|
1325
CALL
RTX Corp
RTX
$295B
| $9.02M | 0.01% |
111,230
| – | – |
|
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.