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 | |
|---|---|---|---|---|---|---|
1926
Southwest Gas
SWX
$6.64B
| $3.81M | 0.01% |
+46,278
| New | +$3.7M |
|
|
LKFT
1927
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.82B
| $3.8M | 0.01% |
32,263
-40,275
| -56% | -$4.06M |
|
1928
iShares MSCI Poland ETF
EPOL
$680M
| $3.79M | 0.01% |
165,756
+122,620
| +284% | +$2.88M |
|
1929
PUT
LyondellBasell Industries
LYB
$19.5B
| $3.79M | 0.01% |
45,100
-47,700
| -51% | -$4.12M |
|
1930
Enovis
ENOV
$1.74B
| $3.78M | 0.01% |
73,916
-528,479
| -88% | -$23.2M |
|
1931
PUT
Integer Holdings
ITGR
$3.39B
| $3.77M | 0.01% |
+50,000
| New | +$4.09M |
|
1932
W.R. Berkley
WRB
$28.1B
| $3.76M | 0.01% |
149,830
-498,565
| -77% | -$11.8M |
|
1933
Magnite
MGNI
$2.83B
| $3.76M | 0.01% |
618,422
+534,231
| +635% | +$2.75M |
|
1934
CALL
Jefferies Financial Group
JEF
$12.7B
| $3.76M | 0.01% |
+223,426
| New | +$3.94M |
|
|
INSY
1935
DELISTED
Insys Therapeutics, Inc.
INSY
| $3.75M | 0.01% |
812,262
+266,775
| +49% | +$1.26M |
|
|
FMBI
1936
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $3.75M | 0.01% |
183,372
-316,083
| -63% | -$6.9M |
|
|
EDN
1937
Edenor
EDN
$1.12B
| $3.75M | 0.01% |
191,314
+121,383
| +174% | +$3.2M |
|
1938
PUT
iRhythm Holdings
IRTC
$4.02B
| $3.75M | 0.01% |
+50,000
| New | +$4.27M |
|
1939
iShares S&P 500 Value ETF
IVE
$49.1B
| $3.75M | 0.01% |
33,233
+18,980
| +133% | +$2.08M |
|
|
PGTI
1940
DELISTED
PGT, Inc.
PGTI
| $3.74M | 0.01% |
269,871
+169,471
| +169% | +$2.68M |
|
1941
Sibanye-Stillwater
SBSW
$6.05B
| $3.72M | 0.01% |
901,260
-4,080,749
| -82% | -$15.4M |
|
1942
FTI Consulting
FCN
$5.14B
| $3.72M | 0.01% |
48,394
+6,686
| +16% | +$472K |
|
|
CSW
1943
CSW Industrials
CSW
$4.44B
| $3.71M | 0.01% |
64,833
+40,387
| +165% | +$2.18M |
|
1944
Hope Bancorp
HOPE
$1.8B
| $3.71M | 0.01% |
+283,814
| New | +$3.96M |
|
1945
POSCO
PKX
$14.7B
| $3.71M | 0.01% |
67,192
-42,582
| -39% | -$2.47M |
|
1946
State Street SPDR S&P Retail ETF
XRT
$457M
| $3.71M | 0.01% |
82,338
+75,406
| +1,088% | +$3.35M |
|
|
OPB
1947
DELISTED
Opus Bank Common Stock
OPB
| $3.7M | 0.01% |
186,905
+155,381
| +493% | +$3.29M |
|
1948
Kearny Financial
KRNY
$604M
| $3.7M | 0.01% |
287,348
-35,879
| -11% | -$471K |
|
1949
Vanguard Total Bond Market
BND
$158B
| $3.7M | 0.01% |
45,532
-35,547
| -44% | -$2.84M |
|
1950
APA Corp
APA
$13B
| $3.69M | 0.01% |
106,604
+6,491
| +6% | +$212K |
|
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.