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 | |
|---|---|---|---|---|---|---|
|
MRSH
2151
Marsh
MRSH
$94.3B
| $2.83M | ﹤0.01% |
30,178
+1,015
| +3% | +$89.8K |
|
|
ALTR
2152
DELISTED
Altair Engineering Inc
ALTR
| $2.83M | ﹤0.01% |
76,978
-141,799
| -65% | -$4.77M |
|
2153
Peoples Bancorp
PEBO
$1.51B
| $2.83M | ﹤0.01% |
91,336
+56,848
| +165% | +$1.82M |
|
2154
Glaukos
GKOS
$9.49B
| $2.83M | ﹤0.01% |
36,077
-2,988
| -8% | -$200K |
|
|
CIR
2155
DELISTED
CIRCOR International, Inc
CIR
| $2.82M | ﹤0.01% |
+86,613
| New | +$2.53M |
|
|
PTE
2156
DELISTED
PolarityTE, Inc. Common Stock
PTE
| $2.82M | ﹤0.01% |
10,554
+1,957
| +23% | +$724K |
|
|
AEL
2157
DELISTED
American Equity Investment Life Holding Company
AEL
| $2.81M | ﹤0.01% |
104,064
-16,343
| -14% | -$495K |
|
2158
Affiliated Managers Group
AMG
$9.51B
| $2.81M | ﹤0.01% |
26,230
-257,270
| -91% | -$27.3M |
|
2159
Vanguard Morningstar Value ETF
VTV
$188B
| $2.81M | ﹤0.01% |
26,088
+16,675
| +177% | +$1.76M |
|
2160
QCR Holdings
QCRH
$1.68B
| $2.81M | ﹤0.01% |
82,730
-1,899
| -2% | -$65.3K |
|
|
ARCE
2161
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $2.81M | ﹤0.01% |
86,904
+20,598
| +31% | +$524K |
|
2162
MYR Group
MYRG
$5.01B
| $2.81M | ﹤0.01% |
80,985
+58,188
| +255% | +$1.89M |
|
2163
Sturm, Ruger & Co
RGR
$603M
| $2.79M | ﹤0.01% |
52,576
-59,788
| -53% | -$3.26M |
|
2164
CALL
Integra LifeSciences
IART
$1.28B
| $2.79M | ﹤0.01% |
+50,000
| New | +$2.55M |
|
|
MRC
2165
DELISTED
MRC Global
MRC
| $2.79M | ﹤0.01% |
159,306
-45,990
| -22% | -$750K |
|
|
PEI
2166
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $2.79M | ﹤0.01% |
+29,519
| New | +$2.92M |
|
2167
Cameco
CCJ
$36.8B
| $2.78M | ﹤0.01% |
235,987
+195,896
| +489% | +$2.35M |
|
2168
Truist Financial
TFC
$63.9B
| $2.78M | ﹤0.01% |
59,699
+37,339
| +167% | +$1.82M |
|
2169
Voyager Therapeutics
VYGR
$181M
| $2.78M | ﹤0.01% |
145,068
-264,202
| -65% | -$3.44M |
|
2170
Sally Beauty Holdings
SBH
$1.47B
| $2.77M | ﹤0.01% |
150,759
-333,248
| -69% | -$5.95M |
|
2171
Clean Energy Fuels
CLNE
$416M
| $2.77M | ﹤0.01% |
897,808
+436,324
| +95% | +$970K |
|
2172
White Mountains Insurance
WTM
$5.33B
| $2.77M | ﹤0.01% |
2,994
-56
| -2% | -$50.7K |
|
2173
CALL
Albemarle
ALB
$13.4B
| $2.76M | ﹤0.01% |
33,700
-25,000
| -43% | -$2.04M |
|
|
KALV
2174
DELISTED
KalVista Pharmaceuticals
KALV
| $2.76M | ﹤0.01% |
+96,470
| New | +$2.09M |
|
2175
International Seaways
INSW
$4.68B
| $2.76M | ﹤0.01% |
160,846
+121,591
| +310% | +$2.15M |
|
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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.