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 | |
|---|---|---|---|---|---|---|
1501
Enviri
NVRI
$630M
| $7.03M | 0.01% |
256,306
-220,908
| -46% | -$5.4M |
|
|
CRZO
1502
PUT
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $7.01M | 0.01% |
+700,000
| New | +$8.06M |
|
1503
PennyMac Financial
PFSI
$3.88B
| $6.99M | 0.01% |
315,330
+25,130
| +9% | +$559K |
|
|
ACAMU
1504
DELISTED
Acamar Partners Acquisition Corp Units
ACAMU
| $6.99M | 0.01% |
700,000
| – | – |
|
1505
Emcor
EME
$36.1B
| $6.99M | 0.01% |
79,353
-129,584
| -62% | -$10.5M |
|
1506
CALL
General Mills
GIS
$19.3B
| $6.99M | 0.01% |
+133,000
| New | +$6.87M |
|
1507
Ingersoll Rand
IR
$31.5B
| $6.98M | 0.01% |
201,858
-747,221
| -79% | -$24.1M |
|
1508
Vishay Precision Group
VPG
$1.21B
| $6.98M | 0.01% |
171,742
+17,429
| +11% | +$660K |
|
1509
Papa John's
PZZA
$992M
| $6.97M | 0.01% |
155,823
+130,336
| +511% | +$6.43M |
|
1510
iShares US Real Estate ETF
IYR
$4.65B
| $6.96M | 0.01% |
79,763
+65,563
| +462% | +$5.74M |
|
1511
MBIA
MBI
$270M
| $6.95M | 0.01% |
746,774
+323,829
| +77% | +$3.02M |
|
1512
CALL
American Express
AXP
$228B
| $6.94M | 0.01% |
+56,200
| New | +$6.6M |
|
|
SP
1513
DELISTED
SP Plus Corporation
SP
| $6.94M | 0.01% |
217,214
+193,463
| +815% | +$6.38M |
|
1514
Ducommun
DCO
$2.75B
| $6.93M | 0.01% |
153,753
+42,433
| +38% | +$1.9M |
|
1515
CEVA Inc
CEVA
$930M
| $6.9M | 0.01% |
283,357
+120,835
| +74% | +$2.97M |
|
1516
Groupon
GRPN
$1.04B
| $6.9M | 0.01% |
96,336
+92,149
| +2,201% | +$6.5M |
|
1517
Cooper-Standard Automotive
CPS
$510M
| $6.89M | 0.01% |
150,433
+133,203
| +773% | +$6.35M |
|
1518
Alector
ALEC
$171M
| $6.88M | 0.01% |
362,377
-391,234
| -52% | -$7.94M |
|
1519
Anterix
ATEX
$1.81B
| $6.88M | 0.01% |
146,426
+52,160
| +55% | +$2.2M |
|
1520
CALL
ExxonMobil
XOM
$639B
| $6.88M | 0.01% |
89,800
+11,700
| +15% | +$906K |
|
|
VSTO
1521
DELISTED
Vista Outdoor Inc.
VSTO
| $6.84M | 0.01% |
770,399
+356,806
| +86% | +$3.06M |
|
|
HUYA
1522
Huya Inc
HUYA
$565M
| $6.84M | 0.01% |
276,658
+11,841
| +4% | +$272K |
|
|
DISH
1523
DELISTED
DISH Network Corp.
DISH
| $6.83M | 0.01% |
177,902
-220,475
| -55% | -$7.82M |
|
1524
Central Garden & Pet Co
CENT
$2.67B
| $6.81M | 0.01% |
316,013
+59,274
| +23% | +$1.31M |
|
|
DX
1525
Dynex Capital
DX
$3.16B
| $6.81M | 0.01% |
406,764
+249,708
| +159% | +$4.4M |
|
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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.