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 | |
|---|---|---|---|---|---|---|
2076
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$42.9B
| $3.09M | ﹤0.01% |
33,700
+28,800
| +588% | +$2.6M |
|
2077
Freshpet
FRPT
$3.04B
| $3.09M | ﹤0.01% |
73,067
-892
| -1% | -$34.3K |
|
|
MRO
2078
PUT
DELISTED
Marathon Oil Corporation
MRO
| $3.09M | ﹤0.01% |
+184,800
| New | +$3.02M |
|
|
ENV
2079
DELISTED
ENVESTNET, INC.
ENV
| $3.09M | ﹤0.01% |
47,202
-11,029
| -19% | -$635K |
|
2080
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
| $3.09M | ﹤0.01% |
63,647
-92
| -0.1% | -$4.44K |
|
|
VNTR
2081
DELISTED
Venator Materials PLC
VNTR
| $3.08M | ﹤0.01% |
548,692
+262,143
| +91% | +$1.39M |
|
2082
Precision BioSciences
DTIL
$178M
| $3.08M | ﹤0.01% |
+5,717
| New | +$3.03M |
|
2083
iShares National Muni Bond ETF
MUB
$45.2B
| $3.08M | ﹤0.01% |
27,692
+13,176
| +91% | +$1.44M |
|
|
VBTX
2084
DELISTED
Veritex Holdings
VBTX
| $3.08M | ﹤0.01% |
127,115
+17,110
| +16% | +$433K |
|
2085
CALL
Bruker
BRKR
$9.4B
| $3.08M | ﹤0.01% |
+80,000
| New | +$2.89M |
|
|
SIC
2086
DELISTED
Select Interior Concepts, Inc. Class A Common Stock
SIC
| $3.07M | ﹤0.01% |
246,902
+191,161
| +343% | +$1.97M |
|
|
SRCL
2087
DELISTED
Stericycle Inc
SRCL
| $3.07M | ﹤0.01% |
+56,420
| New | +$2.55M |
|
2088
Liberty Latin America Class A
LILA
$1.72B
| $3.06M | ﹤0.01% |
247,080
+105,174
| +74% | +$1.23M |
|
|
PVT.U
2089
DELISTED
Pivotal Acquisition Corp.
PVT.U
| $3.06M | ﹤0.01% |
+300,000
| New | +$3.04M |
|
2090
3M
MMM
$91.8B
| $3.06M | ﹤0.01% |
17,605
-79,553
| -82% | -$13.4M |
|
2091
CVS Health
CVS
$135B
| $3.06M | ﹤0.01% |
56,709
-3,802,397
| -99% | -$235M |
|
|
GREK
2092
Global X MSCI Greece ETF
GREK
$293M
| $3.06M | ﹤0.01% |
+126,780
| New | +$2.86M |
|
|
CMLS
2093
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $3.06M | ﹤0.01% |
+169,806
| New | +$2.61M |
|
2094
Talphera
TLPH
$68M
| $3.03M | ﹤0.01% |
43,570
+40,121
| +1,163% | +$2.34M |
|
2095
Apyx Medical
APYX
$162M
| $3.03M | ﹤0.01% |
+480,327
| New | +$3.72M |
|
2096
SI-BONE Inc
SIBN
$818M
| $3.03M | ﹤0.01% |
160,782
-154
| -0.1% | -$2.98K |
|
|
AVYA
2097
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $3.02M | ﹤0.01% |
179,670
+169,238
| +1,622% | +$2.65M |
|
|
HCACU
2098
DELISTED
Hennessy Capital Acquisition Corp. IV Unit
HCACU
| $3.02M | ﹤0.01% |
+300,000
| New | +$3.02M |
|
2099
CALL
Sprouts Farmers Market
SFM
$7.44B
| $3.02M | ﹤0.01% |
140,000
+90,000
| +180% | +$2.11M |
|
2100
Valmont Industries
VMI
$8.81B
| $3.02M | ﹤0.01% |
23,171
-64,519
| -74% | -$8.32M |
|
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.