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 | |
|---|---|---|---|---|---|---|
|
REVG
1826
DELISTED
REV Group
REVG
| $4.49M | 0.01% |
409,954
+190,660
| +87% | +$1.72M |
|
|
STAY
1827
CALL
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $4.49M | 0.01% |
+250,100
| New | +$4.35M |
|
1828
Korn Ferry
KFY
$4.31B
| $4.49M | 0.01% |
100,176
+31,789
| +46% | +$1.45M |
|
|
LTC
1829
LTC Properties
LTC
$2.13B
| $4.48M | 0.01% |
97,827
-2,634
| -3% | -$118K |
|
1830
CALL
Lam Research
LRCX
$316B
| $4.47M | 0.01% |
+250,000
| New | +$4.17M |
|
1831
PUT
United Rentals
URI
$65.7B
| $4.47M | 0.01% |
+39,100
| New | +$4.83M |
|
1832
Avnet
AVT
$6.86B
| $4.45M | 0.01% |
102,553
-1,067,903
| -91% | -$45.1M |
|
1833
Domo
DOMO
$171M
| $4.44M | 0.01% |
110,182
-359,252
| -77% | -$11M |
|
1834
Progress Software
PRGS
$1.75B
| $4.44M | 0.01% |
100,105
-200,110
| -67% | -$7.32M |
|
|
IPHS
1835
DELISTED
Innophos Holdings, Inc.
IPHS
| $4.44M | 0.01% |
147,362
+77,765
| +112% | +$2.33M |
|
|
XLNX
1836
PUT
DELISTED
Xilinx Inc
XLNX
| $4.44M | 0.01% |
+35,000
| New | +$3.93M |
|
1837
iShares Russell 1000 Value ETF
IWD
$81.4B
| $4.43M | 0.01% |
35,873
-31,427
| -47% | -$3.78M |
|
|
ESPR
1838
CALL
DELISTED
Esperion Therapeutics
ESPR
| $4.42M | 0.01% |
+110,000
| New | +$4.93M |
|
1839
Pinduoduo
PDD
$126B
| $4.42M | 0.01% |
178,007
+88,547
| +99% | +$2.38M |
|
1840
CALL
Neurocrine Biosciences
NBIX
$18.2B
| $4.41M | 0.01% |
+50,000
| New | +$4.18M |
|
1841
e.l.f. Beauty
ELF
$4.77B
| $4.39M | 0.01% |
414,592
-107,918
| -21% | -$962K |
|
1842
Sociedad Química y Minera de Chile
SQM
$19.3B
| $4.39M | 0.01% |
114,321
+101,399
| +785% | +$4.14M |
|
1843
CEVA Inc
CEVA
$831M
| $4.38M | 0.01% |
162,522
+43,370
| +36% | +$1.18M |
|
|
FOE
1844
DELISTED
Ferro Corporation
FOE
| $4.38M | 0.01% |
231,492
-571,151
| -71% | -$10.1M |
|
1845
LXP Industrial Trust
LXP
$3.52B
| $4.36M | 0.01% |
96,339
-85,781
| -47% | -$3.91M |
|
1846
Oil States International
OIS
$466M
| $4.36M | 0.01% |
+257,202
| New | +$4.35M |
|
1847
Invesco Senior Loan ETF
BKLN
$6.96B
| $4.35M | 0.01% |
191,971
+162,171
| +544% | +$3.66M |
|
|
NLSN
1848
CALL
DELISTED
Nielsen Holdings plc
NLSN
| $4.34M | 0.01% |
183,500
+39,100
| +27% | +$1.01M |
|
1849
Graco
GGG
$13.2B
| $4.34M | 0.01% |
87,663
-280,301
| -76% | -$12.7M |
|
1850
Preferred Bank
PFBC
$1.24B
| $4.33M | 0.01% |
96,360
-60,120
| -38% | -$2.86M |
|
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.