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 | |
|---|---|---|---|---|---|---|
1701
Bank of Marin Bancorp
BMRC
$460M
| $5.25M | 0.01% |
128,933
+24,774
| +24% | +$1.05M |
|
|
THR
1702
DELISTED
Thermon Group Holdings
THR
| $5.24M | 0.01% |
213,590
+201,464
| +1,661% | +$4.8M |
|
1703
TIM SA
TIMB
$9.1B
| $5.24M | 0.01% |
347,130
+91,846
| +36% | +$1.48M |
|
|
WLL
1704
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $5.23M | 0.01% |
2,667
+667
| +33% | +$1.34M |
|
|
BEL
1705
DELISTED
Belmond Ltd.
BEL
| $5.22M | 0.01% |
209,459
-47,192
| -18% | -$1.17M |
|
1706
Applied Industrial Technologies
AIT
$12.4B
| $5.22M | 0.01% |
87,776
-113,211
| -56% | -$6.56M |
|
1707
CALL
HCA Healthcare
HCA
$90.6B
| $5.21M | 0.01% |
+40,000
| New | +$5.37M |
|
|
BMCH
1708
DELISTED
BMC Stock Holdings, Inc
BMCH
| $5.21M | 0.01% |
295,016
-24,466
| -8% | -$424K |
|
1709
FS KKR Capital
FSK
$3.01B
| $5.21M | 0.01% |
215,120
-225,155
| -51% | -$5.58M |
|
1710
Standex International
SXI
$3.33B
| $5.2M | 0.01% |
70,874
+11,649
| +20% | +$882K |
|
|
CNH
1711
CNH Industrial
CNH
$13.3B
| $5.19M | 0.01% |
584,656
+452,375
| +342% | +$4.05M |
|
1712
Nike
NKE
$64.1B
| $5.18M | 0.01% |
61,562
-2,130,449
| -97% | -$176M |
|
1713
Shenandoah Telecom
SHEN
$703M
| $5.18M | 0.01% |
116,686
-108,629
| -48% | -$5.1M |
|
|
PDCO
1714
DELISTED
Patterson Companies, Inc.
PDCO
| $5.17M | 0.01% |
236,587
+45,349
| +24% | +$1M |
|
1715
John Wiley & Sons Class A
WLY
$2.83B
| $5.16M | 0.01% |
116,765
-194,192
| -62% | -$9.52M |
|
1716
CALL
Parker-Hannifin
PH
$120B
| $5.15M | 0.01% |
+30,000
| New | +$4.97M |
|
1717
Upland Software
UPLD
$13.3M
| $5.15M | 0.01% |
12,154
-7,095
| -37% | -$2.41M |
|
1718
Standard Motor Products
SMP
$902M
| $5.14M | 0.01% |
104,789
-42,807
| -29% | -$2.11M |
|
|
MFAC.U
1719
DELISTED
Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an
MFAC.U
| $5.14M | 0.01% |
500,000
| – | – |
|
1720
Pilgrim's Pride
PPC
$7.13B
| $5.14M | 0.01% |
230,460
-1,480,303
| -87% | -$29M |
|
1721
PUT
Eaton
ETN
$141B
| $5.12M | 0.01% |
63,600
-118,500
| -65% | -$9.04M |
|
|
VIA
1722
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $5.12M | 0.01% |
114,922
-8,915
| -7% | -$390K |
|
1723
CRA International
CRAI
$1.23B
| $5.08M | 0.01% |
100,530
+21,023
| +26% | +$949K |
|
1724
HighPeak Energy
HPK
$838M
| $5.07M | 0.01% |
503,325
-4,201
| -0.8% | -$41.8K |
|
|
I
1725
CALL
DELISTED
INTELSAT S. A.
I
| $5.06M | 0.01% |
323,400
-180,100
| -36% | -$3.82M |
|
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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.