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 | |
|---|---|---|---|---|---|---|
|
WCG
201
DELISTED
Wellcare Health Plans, Inc.
WCG
| $71.8M | 0.11% |
251,863
+142,085
| +129% | +$39.2M |
|
202
Okta
OKTA
$24.1B
| $71.6M | 0.11% |
579,378
+59,839
| +12% | +$6.49M |
|
203
J.M. Smucker
SJM
$12.6B
| $70.8M | 0.11% |
614,974
-267,932
| -30% | -$32.7M |
|
204
NRG Energy
NRG
$29.8B
| $70.7M | 0.11% |
2,013,584
+434,366
| +28% | +$16.4M |
|
|
SNV
205
DELISTED
Synovus
SNV
| $70.6M | 0.11% |
2,017,762
-1,596,649
| -44% | -$55.5M |
|
206
GoDaddy
GDDY
$12.3B
| $70.6M | 0.11% |
1,006,412
+138,332
| +16% | +$10.4M |
|
|
WRK
207
DELISTED
WestRock Company
WRK
| $70.5M | 0.11% |
1,931,765
+557,634
| +41% | +$20.5M |
|
208
DexCom
DXCM
$27.6B
| $69.7M | 0.1% |
1,861,068
-799,436
| -30% | -$25.1M |
|
209
Simon Property Group
SPG
$74.5B
| $69.5M | 0.1% |
434,738
-183,691
| -30% | -$31.6M |
|
210
Autodesk
ADSK
$44.3B
| $69.4M | 0.1% |
426,240
-374,934
| -47% | -$63M |
|
211
Southwest Airlines
LUV
$22.1B
| $69.4M | 0.1% |
1,366,703
+616,640
| +82% | +$31.9M |
|
|
ZNGA
212
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $69.4M | 0.1% |
11,316,651
+3,705,625
| +49% | +$21.8M |
|
213
RTX Corp
RTX
$287B
| $69.2M | 0.1% |
844,679
+652,634
| +340% | +$54.6M |
|
|
WPX
214
DELISTED
WPX Energy, Inc.
WPX
| $69M | 0.1% |
5,992,280
+4,265,665
| +247% | +$53M |
|
215
Cousins Properties
CUZ
$5.29B
| $68.7M | 0.1% |
1,899,008
+856,537
| +82% | +$32.2M |
|
|
ADSW
216
DELISTED
Advanced Disposal Services Inc
ADSW
| $68.2M | 0.1% |
2,137,285
+524,893
| +33% | +$16.5M |
|
|
ONCE
217
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $67.9M | 0.1% |
662,849
-31
| -0% | -$3.35K |
|
218
Xencor
XNCR
$1.44B
| $67.7M | 0.1% |
+1,655,086
| New | +$54.4M |
|
|
FITB
219
Fifth Third Bancorp
FITB
$52B
| $67.2M | 0.1% |
2,409,636
-2,516,607
| -51% | -$69M |
|
220
Steel Dynamics
STLD
$35.6B
| $66.8M | 0.1% |
2,211,175
+1,094,095
| +98% | +$33.5M |
|
221
Etsy
ETSY
$7.65B
| $66.6M | 0.1% |
1,084,807
+268,621
| +33% | +$17.5M |
|
222
Americold
COLD
$4.09B
| $66.5M | 0.1% |
2,051,708
+935,332
| +84% | +$29.6M |
|
223
Adobe
ADBE
$89.5B
| $66.5M | 0.1% |
225,659
-250,767
| -53% | -$69.6M |
|
224
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $66.3M | 0.1% |
226,244
+220,459
| +3,811% | +$63.5M |
|
225
Churchill Downs
CHDN
$6.03B
| $66M | 0.1% |
1,146,510
+744,816
| +185% | +$37.4M |
|
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.