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 | |
|---|---|---|---|---|---|---|
2426
Gorman-Rupp
GRC
$2.13B
| $1.88M | ﹤0.01% |
55,384
+38,951
| +237% | +$1.31M |
|
2427
KRONOS Worldwide
KRO
$717M
| $1.88M | ﹤0.01% |
134,117
-401,968
| -75% | -$5.56M |
|
2428
American Vanguard Corp
AVD
$70.4M
| $1.87M | ﹤0.01% |
108,707
+8,157
| +8% | +$144K |
|
2429
Grupo Aeroportuario del Pacifico
PAC
$13.1B
| $1.86M | ﹤0.01% |
20,935
+315
| +2% | +$28.4K |
|
|
CCRD
2430
DELISTED
CoreCard
CCRD
| $1.86M | ﹤0.01% |
+58,306
| New | +$1.27M |
|
|
NFJ
2431
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.41B
| $1.86M | ﹤0.01% |
154,282
-47,011
| -23% | -$557K |
|
2432
Albemarle
ALB
$13.9B
| $1.86M | ﹤0.01% |
22,666
-105,250
| -82% | -$8.61M |
|
|
IIN
2433
DELISTED
IntriCon Corporation
IIN
| $1.86M | ﹤0.01% |
74,099
+40,674
| +122% | +$1.03M |
|
2434
Galectin Therapeutics
GALT
$213M
| $1.86M | ﹤0.01% |
+363,472
| New | +$1.75M |
|
2435
Floor & Decor
FND
$5.98B
| $1.85M | ﹤0.01% |
+45,009
| New | +$1.58M |
|
|
OXFD
2436
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $1.85M | ﹤0.01% |
107,561
-10,353
| -9% | -$164K |
|
|
LEXEA
2437
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $1.85M | ﹤0.01% |
43,269
-28,985
| -40% | -$1.25M |
|
|
NXGN
2438
CALL
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $1.85M | ﹤0.01% |
110,000
+80,000
| +267% | +$1.39M |
|
2439
DHI Group
DHX
$176M
| $1.85M | ﹤0.01% |
760,528
-70,620
| -8% | -$163K |
|
2440
Transcat
TRNS
$778M
| $1.85M | ﹤0.01% |
+80,397
| New | +$1.81M |
|
2441
PUT
Bank of America
BAC
$433B
| $1.85M | ﹤0.01% |
+66,900
| New | +$1.89M |
|
2442
Credit Acceptance
CACC
$5.81B
| $1.84M | ﹤0.01% |
+4,065
| New | +$1.75M |
|
2443
BioLife Solutions
BLFS
$1.55B
| $1.83M | ﹤0.01% |
102,551
+91,233
| +806% | +$1.45M |
|
|
TTSH
2444
DELISTED
Tile Shop Holdings
TTSH
| $1.83M | ﹤0.01% |
323,675
+130,370
| +67% | +$847K |
|
|
SGEN
2445
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $1.83M | ﹤0.01% |
+25,000
| New | +$1.78M |
|
|
AMNB
2446
DELISTED
American National Bankshares Inc
AMNB
| $1.83M | ﹤0.01% |
52,364
+25,365
| +94% | +$856K |
|
|
MBTF
2447
DELISTED
MBT Financial Corporation
MBTF
| $1.83M | ﹤0.01% |
+182,367
| New | +$1.91M |
|
|
BEDU
2448
DELISTED
Bright Scholar Education Holdings
BEDU
| $1.82M | ﹤0.01% |
44,132
-7,350
| -14% | -$316K |
|
2449
CALL
iShares MSCI Brazil ETF
EWZ
$9.25B
| $1.82M | ﹤0.01% |
44,500
-195,600
| -81% | -$8.41M |
|
|
ANH
2450
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $1.82M | ﹤0.01% |
451,599
+364,711
| +420% | +$1.57M |
|
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.