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 | |
|---|---|---|---|---|---|---|
1401
Energizer
ENR
$1.5B
| $8.08M | 0.01% |
179,901
+166,988
| +1,293% | +$7.7M |
|
|
TXNM
1402
TXNM Energy Inc
TXNM
$6.43B
| $8.08M | 0.01% |
170,715
-777,034
| -82% | -$34M |
|
|
UXIN
1403
Uxin Ltd
UXIN
$315M
| $8.08M | 0.01% |
21,312
+21,147
| +12,816% | +$8.15M |
|
1404
Silicon Motion
SIMO
$7.51B
| $8.06M | 0.01% |
203,254
-223,002
| -52% | -$8.69M |
|
1405
Equitable Holdings
EQH
$13.5B
| $8.05M | 0.01% |
399,805
-654,675
| -62% | -$12.5M |
|
1406
Colliers International
CIGI
$5.31B
| $8.02M | 0.01% |
120,098
+87,109
| +264% | +$5.58M |
|
1407
Rocket Pharmaceuticals
RCKT
$343M
| $8.01M | 0.01% |
456,586
+395,124
| +643% | +$6.24M |
|
|
BPMC
1408
PUT
DELISTED
Blueprint Medicines
BPMC
| $8.01M | 0.01% |
+100,000
| New | +$7.39M |
|
|
CRAY
1409
DELISTED
Cray, Inc.
CRAY
| $8M | 0.01% |
306,954
+69,892
| +29% | +$1.63M |
|
1410
Arcos Dorados Holdings
ARCO
$1.77B
| $7.98M | 0.01% |
1,144,468
+957,486
| +512% | +$7.78M |
|
1411
Lithia Motors
LAD
$8.17B
| $7.97M | 0.01% |
85,919
-58,105
| -40% | -$5.05M |
|
1412
SS&C Technologies
SSNC
$18.8B
| $7.96M | 0.01% |
124,902
+32,414
| +35% | +$1.8M |
|
|
TYPE
1413
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $7.94M | 0.01% |
399,144
+27,818
| +7% | +$501K |
|
1414
Marten Transport
MRTN
$1.25B
| $7.93M | 0.01% |
666,888
+374,713
| +128% | +$4.58M |
|
1415
PUT
Ulta Beauty
ULTA
$21.6B
| $7.92M | 0.01% |
22,700
-16,600
| -42% | -$5.02M |
|
1416
CALL
WEC Energy
WEC
$37B
| $7.91M | 0.01% |
+100,000
| New | +$7.42M |
|
1417
Copa Holdings
CPA
$5.71B
| $7.9M | 0.01% |
98,003
+37,006
| +61% | +$3.25M |
|
1418
Vanguard Real Estate ETF
VNQ
$40B
| $7.9M | 0.01% |
90,896
+86,826
| +2,133% | +$7.17M |
|
1419
Logitech
LOGI
$16B
| $7.89M | 0.01% |
200,644
+150,024
| +296% | +$5.41M |
|
1420
Banco Santander Chile
BSAC
$16B
| $7.86M | 0.01% |
264,305
+111,456
| +73% | +$3.48M |
|
|
PTR
1421
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $7.86M | 0.01% |
120,076
+11,988
| +11% | +$776K |
|
1422
Chubb
CB
$141B
| $7.84M | 0.01% |
55,964
-359,030
| -87% | -$47.8M |
|
1423
Liquidia Corp
LQDA
$7.72B
| $7.83M | 0.01% |
688,166
+494,889
| +256% | +$7.93M |
|
1424
PUT
Mattel
MAT
$4.49B
| $7.8M | 0.01% |
600,000
+355,400
| +145% | +$4.75M |
|
1425
Jacobs Solutions
J
$16.6B
| $7.76M | 0.01% |
124,839
-221,161
| -64% | -$12.5M |
|
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.