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 | |
|---|---|---|---|---|---|---|
|
TBRGU
1676
DELISTED
Thunder Bridge Acquisition, Ltd. Unit
TBRGU
| $5.41M | 0.01% |
500,000
| – | – |
|
|
INVX
1677
Innovex International
INVX
$1.8B
| $5.41M | 0.01% |
117,883
-227,651
| -66% | -$8.95M |
|
1678
PUT
PepsiCo
PEP
$196B
| $5.4M | 0.01% |
44,100
+35,800
| +431% | +$4.08M |
|
|
MOMO
1679
Hello Group
MOMO
$867M
| $5.4M | 0.01% |
141,282
-102,780
| -42% | -$3.28M |
|
1680
Columbus McKinnon
CMCO
$422M
| $5.39M | 0.01% |
156,987
+33,493
| +27% | +$1.17M |
|
1681
KLA
KLAC
$222B
| $5.38M | 0.01% |
450,900
-6,636,650
| -94% | -$71.4M |
|
1682
CALL
Mondelez International
MDLZ
$83.4B
| $5.38M | 0.01% |
+140,200
| New | +$6.43M |
|
1683
Credicorp
BAP
$30.5B
| $5.37M | 0.01% |
22,371
+6,115
| +38% | +$1.46M |
|
1684
Glacier Bancorp
GBCI
$6.36B
| $5.36M | 0.01% |
133,832
+122,142
| +1,045% | +$5.13M |
|
1685
Invesco Mortgage Capital
IVR
$759M
| $5.35M | 0.01% |
+33,856
| New | +$5.37M |
|
1686
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $5.35M | 0.01% |
105,057
+50,750
| +93% | +$2.57M |
|
1687
Mohawk Industries
MHK
$6.91B
| $5.34M | 0.01% |
+42,362
| New | +$5.52M |
|
1688
Herc Holdings
HRI
$4.78B
| $5.34M | 0.01% |
137,050
-156,862
| -53% | -$5.93M |
|
1689
Expeditors International
EXPD
$22.3B
| $5.34M | 0.01% |
70,331
+60,637
| +626% | +$4.38M |
|
|
PETQ
1690
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $5.34M | 0.01% |
169,870
+116,210
| +217% | +$3.28M |
|
1691
Shake Shack
SHAK
$2.54B
| $5.33M | 0.01% |
90,165
+49,557
| +122% | +$2.54M |
|
1692
iShares MSCI Philippines ETF
EPHE
$132M
| $5.33M | 0.01% |
155,337
+37,065
| +31% | +$1.27M |
|
1693
PUT
TJX Companies
TJX
$179B
| $5.33M | 0.01% |
+100,100
| New | +$4.99M |
|
|
BECN
1694
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $5.31M | 0.01% |
165,227
-383,828
| -70% | -$13.4M |
|
|
GOOD
1695
Gladstone Commercial Corp
GOOD
$623M
| $5.3M | 0.01% |
255,340
-12,745
| -5% | -$257K |
|
1696
ICICI Bank
IBN
$107B
| $5.28M | 0.01% |
460,692
+206,109
| +81% | +$2.14M |
|
1697
Vishay Precision Group
VPG
$1.08B
| $5.28M | 0.01% |
154,313
-49,278
| -24% | -$1.65M |
|
1698
CALL
Weyerhaeuser
WY
$17.6B
| $5.27M | 0.01% |
+200,000
| New | +$5.04M |
|
1699
Mercury Systems
MRCY
$5.41B
| $5.26M | 0.01% |
82,071
+33,390
| +69% | +$1.93M |
|
1700
Central Garden & Pet Co
CENT
$2.76B
| $5.25M | 0.01% |
256,739
+14,224
| +6% | +$379K |
|
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.