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 | |
|---|---|---|---|---|---|---|
1426
Toyota
TM
$221B
| $7.75M | 0.01% |
+65,639
| New | +$7.94M |
|
|
XEC
1427
DELISTED
CIMAREX ENERGY CO
XEC
| $7.74M | 0.01% |
110,715
-370,506
| -77% | -$26.7M |
|
1428
Lincoln Electric
LECO
$14.6B
| $7.73M | 0.01% |
92,165
+55,736
| +153% | +$4.73M |
|
|
BNY
1429
Bank of New York Mellon
BNY
$106B
| $7.7M | 0.01% |
152,732
+89,184
| +140% | +$4.6M |
|
|
TUP
1430
DELISTED
Tupperware Brands Corporation
TUP
| $7.67M | 0.01% |
300,021
-91,110
| -23% | -$2.78M |
|
|
INOV
1431
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $7.67M | 0.01% |
+617,284
| New | +$8.36M |
|
1432
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $7.67M | 0.01% |
+62,263
| New | +$7.58M |
|
|
WBA
1433
DELISTED
Walgreens Boots Alliance
WBA
| $7.65M | 0.01% |
120,884
-654,808
| -84% | -$44.7M |
|
|
FTACU
1434
DELISTED
FinTech Acquisition Corp. III Unit
FTACU
| $7.64M | 0.01% |
750,000
| – | – |
|
1435
Cerus
CERS
$585M
| $7.64M | 0.01% |
1,226,381
-40,974
| -3% | -$249K |
|
1436
iShares Silver Trust
SLV
$27.6B
| $7.64M | 0.01% |
538,766
-419,142
| -44% | -$6.12M |
|
|
ACRE
1437
Ares Commercial Real Estate
ACRE
$256M
| $7.63M | 0.01% |
502,313
+181,044
| +56% | +$2.64M |
|
|
RSX
1438
CALL
DELISTED
VanEck Russia ETF
RSX
| $7.63M | 0.01% |
370,200
-266,400
| -42% | -$5.48M |
|
1439
Cogent Communications
CCOI
$649M
| $7.62M | 0.01% |
140,436
+54,112
| +63% | +$2.67M |
|
1440
BGC Group
BGC
$5.73B
| $7.61M | 0.01% |
1,433,650
-1,528,015
| -52% | -$9.09M |
|
1441
CALL
McDonald's
MCD
$194B
| $7.6M | 0.01% |
+40,000
| New | +$7.26M |
|
|
1442
PUT
McDonald's
MCD
$194B
| $7.6M | 0.01% |
+40,000
| New | +$7.26M |
|
1443
KKR & Co
KKR
$92.2B
| $7.58M | 0.01% |
322,869
+227,068
| +237% | +$5.17M |
|
1444
Newmark Group
NMRK
$2.88B
| $7.58M | 0.01% |
908,926
+46,744
| +5% | +$443K |
|
1445
iQIYI
IQ
$1.21B
| $7.58M | 0.01% |
316,850
-45,849
| -13% | -$1.01M |
|
|
SPLK
1446
PUT
DELISTED
Splunk Inc
SPLK
| $7.58M | 0.01% |
60,800
| – | – |
|
1447
Molson Coors Class B
TAP
$7.97B
| $7.57M | 0.01% |
126,974
-960,751
| -88% | -$59.3M |
|
|
NPTN
1448
DELISTED
NEOPHOTONICS CORP
NPTN
| $7.57M | 0.01% |
1,202,688
+185,453
| +18% | +$1.3M |
|
1449
MongoDB
MDB
$25B
| $7.55M | 0.01% |
+51,346
| New | +$5.27M |
|
|
LOMA
1450
Loma Negra
LOMA
$1.34B
| $7.55M | 0.01% |
689,109
+521,160
| +310% | +$6.21M |
|
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.