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 | |
|---|---|---|---|---|---|---|
1601
CALL
iShares MSCI South Korea ETF
EWY
$21.1B
| $6.09M | 0.01% |
+100,000
| New | +$6.2M |
|
1602
Manulife Financial
MFC
$74.2B
| $6.07M | 0.01% |
358,792
+306,839
| +591% | +$4.99M |
|
|
GLDD
1603
DELISTED
Great Lakes Dredge & Dock
GLDD
| $6.03M | 0.01% |
676,784
+337,738
| +100% | +$2.63M |
|
1604
Entegris
ENTG
$18B
| $6.02M | 0.01% |
168,616
+159,461
| +1,742% | +$5.31M |
|
|
BPMC
1605
CALL
DELISTED
Blueprint Medicines
BPMC
| $6M | 0.01% |
+75,000
| New | +$5.54M |
|
1606
iShares MSCI Brazil ETF
EWZ
$9.13B
| $6M | 0.01% |
146,327
+17,682
| +14% | +$760K |
|
|
NVTR
1607
DELISTED
Nuvectra Corporation Common Stock
NVTR
| $6M | 0.01% |
544,488
+57,679
| +12% | +$778K |
|
1608
ONE Gas
OGS
$5.06B
| $5.99M | 0.01% |
67,324
+32,944
| +96% | +$2.77M |
|
1609
CALL
ICU Medical
ICUI
$4.14B
| $5.98M | 0.01% |
25,000
+12,000
| +92% | +$2.88M |
|
1610
MDU Resources
MDU
$4.31B
| $5.98M | 0.01% |
608,955
+28,865
| +5% | +$280K |
|
|
CEPU
1611
Central Puerto
CEPU
$2.18B
| $5.97M | 0.01% |
650,139
+471,063
| +263% | +$4.75M |
|
|
B
1612
DELISTED
Barnes Group Inc.
B
| $5.97M | 0.01% |
116,128
-103,617
| -47% | -$5.9M |
|
1613
FNB Corp
FNB
$6.81B
| $5.97M | 0.01% |
563,079
+405,295
| +257% | +$4.66M |
|
1614
PUT
Medtronic
MDT
$111B
| $5.96M | 0.01% |
65,400
+25,400
| +64% | +$2.27M |
|
1615
Pricesmart
PSMT
$5.9B
| $5.96M | 0.01% |
101,145
+91,933
| +998% | +$5.74M |
|
1616
United Bankshares
UBSI
$6.71B
| $5.93M | 0.01% |
163,692
+139,127
| +566% | +$5.02M |
|
1617
Comcast
CMCSA
$85.8B
| $5.93M | 0.01% |
148,357
-5,477,278
| -97% | -$206M |
|
1618
iShares MSCI Turkey ETF
TUR
$204M
| $5.93M | 0.01% |
244,325
+220,035
| +906% | +$5.88M |
|
|
MANT
1619
DELISTED
Mantech International Corp
MANT
| $5.92M | 0.01% |
109,683
+105,676
| +2,637% | +$5.79M |
|
|
HSII
1620
DELISTED
Heidrick & Struggles
HSII
| $5.92M | 0.01% |
154,500
+98,153
| +174% | +$3.54M |
|
1621
PUT
Oneok
OKE
$55.9B
| $5.91M | 0.01% |
+84,600
| New | +$5.48M |
|
|
BLMT
1622
DELISTED
BSB Bancorp, Inc.
BLMT
| $5.91M | 0.01% |
+179,871
| New | +$5.93M |
|
1623
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.55B
| $5.9M | 0.01% |
+115,000
| New | +$6.14M |
|
|
GMS
1624
DELISTED
GMS Inc
GMS
| $5.9M | 0.01% |
390,315
+9,363
| +2% | +$169K |
|
|
BPMC
1625
DELISTED
Blueprint Medicines
BPMC
| $5.89M | 0.01% |
73,615
-23,981
| -25% | -$1.77M |
|
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.