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 | |
|---|---|---|---|---|---|---|
2251
Citi Trends
CTRN
$555M
| $2.46M | ﹤0.01% |
127,126
+17,386
| +16% | +$357K |
|
2252
The Bancorp
TBBK
$2.81B
| $2.45M | ﹤0.01% |
303,318
-142,866
| -32% | -$1.24M |
|
2253
iShares US Transportation ETF
IYT
$2.28B
| $2.45M | ﹤0.01% |
52,324
+7,920
| +18% | +$360K |
|
|
SPNE
2254
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $2.45M | ﹤0.01% |
162,217
+31,409
| +24% | +$485K |
|
|
NBEV
2255
DELISTED
NewAge, Inc. Common Stock (Delaware)
NBEV
| $2.45M | ﹤0.01% |
465,058
+415,810
| +844% | +$2.51M |
|
2256
InterDigital
IDCC
$6.75B
| $2.44M | ﹤0.01% |
36,978
-16,562
| -31% | -$1.15M |
|
|
ECOL
2257
DELISTED
US Ecology, Inc.
ECOL
| $2.44M | ﹤0.01% |
43,568
+34,792
| +396% | +$2.12M |
|
|
AUY
2258
DELISTED
Yamana Gold, Inc.
AUY
| $2.44M | ﹤0.01% |
933,832
+585,381
| +168% | +$1.52M |
|
2259
CALL
Teck Resources
TECK
$28.2B
| $2.43M | ﹤0.01% |
105,000
+50,000
| +91% | +$1.13M |
|
|
LGF.B
2260
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $2.43M | ﹤0.01% |
160,949
-51,021
| -24% | -$801K |
|
2261
Tilly's
TLYS
$114M
| $2.43M | ﹤0.01% |
218,229
-78,856
| -27% | -$935K |
|
|
HTBK
2262
DELISTED
Heritage Commerce
HTBK
| $2.43M | ﹤0.01% |
200,578
+31,490
| +19% | +$411K |
|
|
EFC
2263
Ellington Financial
EFC
$1.69B
| $2.42M | ﹤0.01% |
+135,334
| New | +$2.27M |
|
|
SWAV
2264
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $2.42M | ﹤0.01% |
+72,368
| New | +$2.4M |
|
|
MCRN
2265
DELISTED
Milacron Holdings Corp.
MCRN
| $2.41M | ﹤0.01% |
213,257
-185,357
| -47% | -$2.45M |
|
2266
PUT
State Street SPDR S&P Health Care Equipment ETF
XHE
$162M
| $2.41M | ﹤0.01% |
+30,000
| New | +$2.31M |
|
2267
Park Aerospace
PKE
$720M
| $2.4M | ﹤0.01% |
+152,935
| New | +$2.88M |
|
2268
United Microelectronic
UMC
$42.9B
| $2.4M | ﹤0.01% |
1,275,745
-644,967
| -34% | -$1.19M |
|
2269
Itaú Unibanco
ITUB
$89.8B
| $2.4M | ﹤0.01% |
373,666
-679,563
| -65% | -$4.81M |
|
2270
Zurn Elkay Water Solutions
ZWS
$8.55B
| $2.39M | ﹤0.01% |
197,656
-1,014,498
| -84% | -$12.6M |
|
2271
First Trust Enhanced Short Maturity ETF
FTSM
$6.51B
| $2.39M | ﹤0.01% |
39,870
+14,849
| +59% | +$891K |
|
2272
Corporacion America
CAAP
$4.17B
| $2.39M | ﹤0.01% |
288,736
+187,524
| +185% | +$1.43M |
|
2273
FirstService
FSV
$6.55B
| $2.39M | ﹤0.01% |
26,727
-10,016
| -27% | -$823K |
|
2274
CALL
Inogen
INGN
$174M
| $2.38M | ﹤0.01% |
25,000
+17,000
| +213% | +$2.12M |
|
2275
Amerant Bancorp
AMTB
$1.16B
| $2.38M | ﹤0.01% |
170,504
+132,154
| +345% | +$1.9M |
|
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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.