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 | |
|---|---|---|---|---|---|---|
|
PARAA
1726
DELISTED
Paramount Global Class A
PARAA
| $5.06M | 0.01% |
106,310
+6,125
| +6% | +$299K |
|
|
AMWD
1727
DELISTED
American Woodmark
AMWD
| $5.06M | 0.01% |
61,240
-218,023
| -78% | -$16.3M |
|
1728
UGI
UGI
$7.87B
| $5.06M | 0.01% |
91,287
+55,548
| +155% | +$3.04M |
|
|
CS
1729
DELISTED
Credit Suisse Group
CS
| $5.05M | 0.01% |
433,855
+398,317
| +1,121% | +$4.75M |
|
1730
Erie Indemnity
ERIE
$13B
| $5.05M | 0.01% |
28,296
+25,587
| +945% | +$4.11M |
|
|
CTACU
1731
DELISTED
ChaSerg Technology Acquisition Corp. Unit
CTACU
| $5.05M | 0.01% |
500,000
| – | – |
|
1732
Tactile Systems Technology
TCMD
$618M
| $5.04M | 0.01% |
95,621
+4,018
| +4% | +$260K |
|
1733
International General Insurance
IGIC
$1.19B
| $5.04M | 0.01% |
500,000
| – | – |
|
1734
PUT
Waters Corp
WAT
$37.3B
| $5.03M | 0.01% |
+20,000
| New | +$4.56M |
|
|
CBD
1735
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $5.03M | 0.01% |
216,245
+57,924
| +37% | +$1.42M |
|
1736
Chesapeake Utilities
CPK
$3.28B
| $5.02M | 0.01% |
55,077
-11,304
| -17% | -$1.01M |
|
|
LACQ
1737
DELISTED
Leisure Acquisition Corp.
LACQ
| $5.02M | 0.01% |
500,000
| – | – |
|
|
RMG.U
1738
DELISTED
RMG Acquisition Corp.
RMG.U
| $5.01M | 0.01% |
+500,000
| New | +$4.99M |
|
1739
Allegion
ALLE
$13.5B
| $5.01M | 0.01% |
55,279
-23,907
| -30% | -$2.08M |
|
1740
RE/MAX Holdings
RMAX
$198M
| $5M | 0.01% |
129,714
-59,639
| -31% | -$2.29M |
|
1741
PUT
Royal Caribbean
RCL
$86.8B
| $5M | 0.01% |
+43,600
| New | +$4.96M |
|
1742
SITE Centers
SITC
$236M
| $5M | 0.01% |
470,269
-2,429,567
| -84% | -$24.6M |
|
1743
CALL
GE Aerospace
GE
$364B
| $5M | 0.01% |
408,737
-1,609,192
| -80% | -$75.8M |
|
|
ALGR
1744
DELISTED
Allegro Merger Corp
ALGR
| $4.99M | 0.01% |
500,000
| – | – |
|
1745
Ezcorp Inc
EZPW
$1.79B
| $4.98M | 0.01% |
534,363
-331,651
| -38% | -$3.13M |
|
|
TWOU
1746
DELISTED
2U Inc
TWOU
| $4.95M | 0.01% |
2,328
-9,419
| -80% | -$17.8M |
|
1747
Compass Minerals
CMP
$1.23B
| $4.95M | 0.01% |
90,960
+17,027
| +23% | +$862K |
|
1748
CALL
AMN Healthcare
AMN
$1.35B
| $4.94M | 0.01% |
+105,000
| New | +$5.82M |
|
|
ECHO
1749
DELISTED
Echo Global Logistics, Inc.
ECHO
| $4.94M | 0.01% |
199,408
+80,453
| +68% | +$1.9M |
|
1750
CALL
Bausch Health
BHC
$1.75B
| $4.94M | 0.01% |
200,000
+100,000
| +100% | +$2.39M |
|
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.