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 | |
|---|---|---|---|---|---|---|
2301
PUT
First Trust Health Care AlphaDEX Fund
FXH
$1.05B
| $2.29M | ﹤0.01% |
+30,000
| New | +$2.24M |
|
2302
CALL
Skyworks Solutions
SWKS
$9.21B
| $2.28M | ﹤0.01% |
+27,600
| New | +$2.13M |
|
|
QVCGA
2303
DELISTED
QVC Group Inc Series A
QVCGA
| $2.28M | ﹤0.01% |
2,934
-14,611
| -83% | -$14.1M |
|
|
TBCH
2304
Turtle Beach Corp
TBCH
$238M
| $2.27M | ﹤0.01% |
200,269
+181,118
| +946% | +$2.73M |
|
|
DLA
2305
DELISTED
Delta Apparel Inc.
DLA
| $2.27M | ﹤0.01% |
102,390
+30,611
| +43% | +$688K |
|
2306
Alamo Group
ALG
$1.91B
| $2.27M | ﹤0.01% |
22,726
+271
| +1% | +$24.4K |
|
2307
Bank of America Series L
BAC.PRL
$3.93B
| $2.27M | ﹤0.01% |
+1,741
| New | +$2.25M |
|
2308
Quad
QUAD
$479M
| $2.26M | ﹤0.01% |
189,748
-30,264
| -14% | -$406K |
|
2309
CALL
Idexx Laboratories
IDXX
$44.9B
| $2.24M | ﹤0.01% |
+10,000
| New | +$2.06M |
|
|
AVDR
2310
DELISTED
Avedro, Inc Common Stock
AVDR
| $2.23M | ﹤0.01% |
+182,059
| New | +$2.28M |
|
2311
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $2.23M | ﹤0.01% |
217,668
+15,209
| +8% | +$153K |
|
|
CMBT
2312
CMB.TECH NV
CMBT
$4.52B
| $2.23M | ﹤0.01% |
273,869
+46,862
| +21% | +$368K |
|
2313
Grupo Aval
AVAL
$5.82B
| $2.23M | ﹤0.01% |
286,068
-93,042
| -25% | -$669K |
|
2314
CarGurus
CARG
$3.34B
| $2.23M | ﹤0.01% |
55,624
-447,855
| -89% | -$17.5M |
|
2315
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$3.75B
| $2.23M | ﹤0.01% |
+75,000
| New | +$2.22M |
|
2316
State Street Energy Select Sector SPDR ETF
XLE
$39B
| $2.22M | ﹤0.01% |
67,174
-18,826
| -22% | -$605K |
|
|
SCAC
2317
DELISTED
Saban Capital Acquisition Corp. Class A Ordinary Share
SCAC
| $2.22M | ﹤0.01% |
215,663
-74,337
| -26% | -$760K |
|
2318
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.4B
| $2.21M | ﹤0.01% |
42,200
+21,666
| +106% | +$1.12M |
|
|
CURO
2319
DELISTED
CURO Group Holdings Corp.
CURO
| $2.21M | ﹤0.01% |
+219,796
| New | +$2.4M |
|
|
VRS
2320
DELISTED
Verso Corporation
VRS
| $2.2M | ﹤0.01% |
102,778
-383,918
| -79% | -$8.86M |
|
2321
Methode Electronics
MEI
$458M
| $2.2M | ﹤0.01% |
+76,429
| New | +$2.09M |
|
2322
First Busey Corp
BUSE
$2.55B
| $2.2M | ﹤0.01% |
90,067
+67,483
| +299% | +$1.75M |
|
2323
CACI
CACI
$10.8B
| $2.19M | ﹤0.01% |
12,050
-23,195
| -66% | -$3.95M |
|
2324
CorMedix
CRMD
$564M
| $2.18M | ﹤0.01% |
230,923
+225,125
| +3,883% | +$2.03M |
|
2325
CALL
Marriott International
MAR
$100B
| $2.17M | ﹤0.01% |
22,600
+11,000
| +95% | +$1.29M |
|
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.