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 | |
|---|---|---|---|---|---|---|
|
HES
2401
PUT
DELISTED
Hess
HES
| $1.95M | ﹤0.01% |
+32,400
| New | +$1.78M |
|
|
PAYA
2402
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
| $1.95M | ﹤0.01% |
+200,000
| New | +$1.94M |
|
2403
CALL
T-Mobile US
TMUS
$186B
| $1.95M | ﹤0.01% |
+28,200
| New | +$1.97M |
|
2404
eGain
EGAN
$183M
| $1.94M | ﹤0.01% |
+185,951
| New | +$1.76M |
|
2405
Medpace
MEDP
$16.1B
| $1.94M | ﹤0.01% |
32,933
-236,693
| -88% | -$14.1M |
|
2406
Northwest Bancshares
NWBI
$2.3B
| $1.94M | ﹤0.01% |
+114,044
| New | +$2.02M |
|
|
PR
2407
Permian Resources
PR
$17.6B
| $1.93M | ﹤0.01% |
219,989
+209,885
| +2,077% | +$2.38M |
|
2408
Hudbay
HBM
$10.1B
| $1.93M | ﹤0.01% |
270,530
-267,588
| -50% | -$1.66M |
|
|
MAGN
2409
Magnera Corp
MAGN
$475M
| $1.93M | ﹤0.01% |
+10,520
| New | +$1.77M |
|
|
AIV
2410
Aimco
AIV
$383M
| $1.93M | ﹤0.01% |
287,541
-5,939,210
| -95% | -$38.3M |
|
2411
ADT
ADT
$5.51B
| $1.92M | ﹤0.01% |
301,068
-8,979
| -3% | -$64.8K |
|
2412
F5
FFIV
$22.1B
| $1.92M | ﹤0.01% |
12,263
+8,888
| +263% | +$1.43M |
|
2413
PUT
FedEx
FDX
$73B
| $1.92M | ﹤0.01% |
+10,600
| New | +$1.87M |
|
2414
General Mills
GIS
$19.4B
| $1.92M | ﹤0.01% |
37,100
-187,999
| -84% | -$8.51M |
|
2415
PUT
Boston Scientific
BSX
$68.4B
| $1.92M | ﹤0.01% |
50,000
| – | – |
|
|
YI
2416
111 Inc
YI
$33.9M
| $1.92M | ﹤0.01% |
29,541
+6,861
| +30% | +$554K |
|
|
SHI
2417
DELISTED
Sinopec Shanghai Petrochemical Co., Ltd.
SHI
| $1.92M | ﹤0.01% |
40,130
-47,196
| -54% | -$2.29M |
|
2418
Great Southern Bancorp
GSBC
$872M
| $1.9M | ﹤0.01% |
36,667
-4,064
| -10% | -$216K |
|
2419
NETSCOUT
NTCT
$2.91B
| $1.9M | ﹤0.01% |
67,761
-48,368
| -42% | -$1.28M |
|
2420
Stock Yards Bancorp
SYBT
$2.54B
| $1.9M | ﹤0.01% |
56,229
+39,511
| +236% | +$1.38M |
|
2421
Avery Dennison
AVY
$13.4B
| $1.89M | ﹤0.01% |
16,726
-119,387
| -88% | -$12.3M |
|
|
DRNA
2422
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $1.89M | ﹤0.01% |
128,877
+5,454
| +4% | +$62.7K |
|
|
PVLA
2423
Palvella Therapeutics
PVLA
$2.15B
| $1.89M | ﹤0.01% |
7,040
-4,455
| -39% | -$1.06M |
|
2424
Quanex
NX
$818M
| $1.89M | ﹤0.01% |
118,643
-270,065
| -69% | -$4.29M |
|
2425
International Money Express
IMXI
$394M
| $1.88M | ﹤0.01% |
161,610
+114,010
| +240% | +$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.