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 |
LyondellBasell Industries
LYB
|
+$492M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$392M |
| 3 |
Apple
AAPL
|
+$245M |
| 4 |
AGN
Allergan plc
AGN
|
+$238M |
| 5 |
NXP Semiconductors
NXPI
|
+$226M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$568M |
| 2 |
Coty
COTY
|
+$491M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$224M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$211M |
| 5 |
Sysco
SYY
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.12% |
| 2 | Technology | 11.12% |
| 3 | Financials | 10.62% |
| 4 | Consumer Discretionary | 8.46% |
| 5 | Industrials | 7.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Exelixis
EXEL
$13.9B
| $3.74M | 0.01% |
175,034
+76,558
| +78% | +$1.6M |
|
|
FM
1977
DELISTED
iShares Frontier and Select EM ETF
FM
| $3.73M | 0.01% |
126,085
+15,142
| +14% | +$436K |
|
1978
CALL
PBF Energy
PBF
$7.49B
| $3.73M | 0.01% |
+119,300
| New | +$3.56M |
|
|
BEST
1979
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $3.73M | 0.01% |
33,839
-36,090
| -52% | -$3.74M |
|
1980
Belden
BDC
$3.97B
| $3.72M | 0.01% |
62,434
-159,535
| -72% | -$9.15M |
|
1981
Old Republic International
ORI
$10.9B
| $3.71M | 0.01% |
165,923
-328,421
| -66% | -$7.23M |
|
|
CBPX
1982
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $3.71M | 0.01% |
139,749
-189,920
| -58% | -$4.77M |
|
1983
Vornado Realty Trust
VNO
$7.65B
| $3.7M | 0.01% |
57,762
-523,465
| -90% | -$35.2M |
|
1984
Spectrum Brands
SPB
$2.03B
| $3.69M | 0.01% |
68,715
+59,752
| +667% | +$3.55M |
|
1985
EXL Service
EXLS
$5.46B
| $3.69M | 0.01% |
278,995
-595
| -0.2% | -$7.3K |
|
1986
CALL
Simon Property Group
SPG
$76.4B
| $3.69M | 0.01% |
+23,100
| New | +$3.98M |
|
|
ELP
1987
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $3.69M | 0.01% |
725,728
+451,075
| +164% | +$2M |
|
1988
Tower Semiconductor
TSEM
$21.2B
| $3.69M | 0.01% |
233,751
-38,238
| -14% | -$638K |
|
1989
KraneShares CSI China Internet ETF
KWEB
$5.5B
| $3.67M | 0.01% |
+83,471
| New | +$3.76M |
|
|
RDUS
1990
CALL
DELISTED
Radius Health, Inc.
RDUS
| $3.65M | 0.01% |
+150,000
| New | +$3.28M |
|
1991
TripAdvisor
TRIP
$1.7B
| $3.65M | 0.01% |
+78,885
| New | +$3.84M |
|
|
CPLG
1992
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $3.65M | 0.01% |
294,620
+246,893
| +517% | +$3.13M |
|
|
TUFN
1993
DELISTED
Tufin Software Technologies Ltd.
TUFN
| $3.65M | 0.01% |
+140,951
| New | +$3.2M |
|
1994
iShares MSCI Canada ETF
EWC
$6.12B
| $3.65M | 0.01% |
127,427
+64,827
| +104% | +$1.83M |
|
1995
Vanguard FTSE Europe ETF
VGK
$30.1B
| $3.65M | 0.01% |
66,424
-37,426
| -36% | -$2.04M |
|
1996
Wipro
WIT
$19.5B
| $3.65M | 0.01% |
1,684,600
+1,368,346
| +433% | +$3.01M |
|
|
WRK
1997
CALL
DELISTED
WestRock Company
WRK
| $3.65M | 0.01% |
+100,000
| New | +$3.67M |
|
1998
Selective Insurance
SIGI
$5.76B
| $3.64M | 0.01% |
48,591
-7,235
| -13% | -$515K |
|
1999
Casey's General Stores
CASY
$32.1B
| $3.64M | 0.01% |
+23,323
| New | +$3.18M |
|
2000
Vanguard S&P 500 ETF
VOO
$956B
| $3.63M | 0.01% |
+13,504
| New | +$3.57M |
|
Similar funds
Millennium Management's Q2 2019 Portfolio in Review
As of Q2 2019, Millennium Management held 4,801 positions worth $66.5B, down 0.45% from $66.8B the previous quarter. Its ten largest holdings account for 7.7% of the portfolio.
Millennium Management's Q2 2019 filing shows 865 new, 1,488 increased, 1,571 reduced and 810 closed positions. Its largest new stake was Moody's: 638,271 shares worth $125M. The largest sale was Walt Disney, an estimated $568M.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 13% a quarter earlier, followed by Technology and Financials.
- Millennium Management's largest Q2 2019 buy was Moody's: 638,271 shares worth $125M.
- Millennium Management added most to LyondellBasell Industries in Q2 2019, an estimated $492M increase.
- Millennium Management's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $568M.
- Millennium Management fully exited Sysco in Q2 2019, selling an estimated $208M.
- Millennium Management's ten largest holdings make up 7.7% of its $66.5B portfolio in Q2 2019.
- Millennium Management opened 865 new positions and closed 810 in Q2 2019.
- Millennium Management's portfolio value fell 0.45% quarter-over-quarter to $66.5B.
Based on Millennium Management's 13F filing for Q2 2019, filed 14 Aug 2019.