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 | |
|---|---|---|---|---|---|---|
2026
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $3.33M | 0.01% |
41,735
-7,381
| -15% | -$582K |
|
2027
CALL
PepsiCo
PEP
$196B
| $3.32M | 0.01% |
+27,100
| New | +$3.09M |
|
|
MODN
2028
DELISTED
MODEL N, INC.
MODN
| $3.32M | 0.01% |
189,156
-375
| -0.2% | -$6K |
|
|
FISV
2029
Fiserv Inc
FISV
$29.7B
| $3.31M | 0.01% |
37,553
-51,698
| -58% | -$4.27M |
|
2030
Anterix
ATEX
$1.72B
| $3.31M | 0.01% |
94,266
+81,162
| +619% | +$3.19M |
|
|
VSTO
2031
DELISTED
Vista Outdoor Inc.
VSTO
| $3.31M | 0.01% |
413,593
+396,663
| +2,343% | +$3.88M |
|
2032
Verizon
VZ
$197B
| $3.31M | 0.01% |
55,989
-744,187
| -93% | -$42.1M |
|
|
DAY
2033
DELISTED
Dayforce
DAY
| $3.31M | 0.01% |
64,511
+53,311
| +476% | +$2.36M |
|
2034
Star Bulk Carriers
SBLK
$3.05B
| $3.3M | ﹤0.01% |
502,175
+138,038
| +38% | +$1.11M |
|
|
MIXT
2035
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $3.29M | ﹤0.01% |
197,198
-32,825
| -14% | -$564K |
|
|
GNMK
2036
DELISTED
GenMark Diagnostics, Inc
GNMK
| $3.29M | ﹤0.01% |
463,667
+419,719
| +955% | +$2.76M |
|
2037
QuidelOrtho
QDEL
$1.13B
| $3.28M | ﹤0.01% |
50,050
+12,796
| +34% | +$774K |
|
|
RTL
2038
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $3.27M | ﹤0.01% |
+303,123
| New | +$3.6M |
|
|
CHA
2039
DELISTED
China Telecom Corporation, LTD
CHA
| $3.27M | ﹤0.01% |
58,383
+20,968
| +56% | +$1.14M |
|
2040
CALL
BioCryst Pharmaceuticals
BCRX
$2.42B
| $3.26M | ﹤0.01% |
+400,000
| New | +$3.42M |
|
2041
Braskem
BAK
$901M
| $3.25M | ﹤0.01% |
126,051
-18,921
| -13% | -$524K |
|
2042
Vanguard Total International Bond ETF
BNDX
$82B
| $3.25M | ﹤0.01% |
58,354
+4,689
| +9% | +$257K |
|
2043
Nice
NICE
$6.15B
| $3.25M | ﹤0.01% |
+26,541
| New | +$2.99M |
|
2044
Digital Turbine
APPS
$982M
| $3.23M | ﹤0.01% |
921,958
+876,820
| +1,943% | +$2.41M |
|
2045
Fortuna Silver Mines
FSM
$2.54B
| $3.22M | ﹤0.01% |
962,105
+85,448
| +10% | +$316K |
|
2046
Zillow
ZG
$7.85B
| $3.22M | ﹤0.01% |
94,235
+86,468
| +1,113% | +$3.06M |
|
|
TEUM
2047
DELISTED
Pareteum Corporation
TEUM
| $3.21M | ﹤0.01% |
706,406
+695,024
| +6,106% | +$2.32M |
|
|
BLD
2048
DELISTED
TopBuild
BLD
| $3.21M | ﹤0.01% |
49,550
+24,678
| +99% | +$1.39M |
|
2049
Cato Corp
CATO
$65.7M
| $3.21M | ﹤0.01% |
214,285
+44,413
| +26% | +$656K |
|
2050
Haverty Furniture Companies
HVT
$418M
| $3.2M | ﹤0.01% |
146,448
-140,212
| -49% | -$3.03M |
|
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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.