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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.65% |
| 2 | Technology | 8.5% |
| 3 | Financials | 8.48% |
| 4 | Consumer Discretionary | 7.65% |
| 5 | Industrials | 7.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Loews
L
$24.5B
| $2.36M | ﹤0.01% |
44,972
-208,960
| -82% | -$10.5M |
|
2477
ZTO Express
ZTO
$18.2B
| $2.36M | ﹤0.01% |
101,080
-483,766
| -83% | -$10.5M |
|
2478
Titan International
TWI
$492M
| $2.36M | ﹤0.01% |
651,789
+409,684
| +169% | +$1.22M |
|
2479
National CineMedia
NCMI
$378M
| $2.36M | ﹤0.01% |
32,327
+15,927
| +97% | +$1.2M |
|
|
CVA
2480
DELISTED
Covanta Holding Corporation
CVA
| $2.36M | ﹤0.01% |
+158,734
| New | +$2.42M |
|
2481
Xerox
XRX
$345M
| $2.35M | ﹤0.01% |
63,781
-60,341
| -49% | -$2.11M |
|
2482
Teradyne
TER
$50B
| $2.35M | ﹤0.01% |
34,480
-548,046
| -94% | -$34.8M |
|
|
CTXS
2483
CALL
DELISTED
Citrix Systems Inc
CTXS
| $2.35M | ﹤0.01% |
21,200
+17,900
| +542% | +$1.93M |
|
|
CBPO
2484
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $2.35M | ﹤0.01% |
20,184
+13,484
| +201% | +$1.56M |
|
2485
GeoPark
GPRK
$609M
| $2.34M | ﹤0.01% |
106,454
-24,837
| -19% | -$471K |
|
2486
iShares MSCI ACWI ex US ETF
ACWX
$11.2B
| $2.34M | ﹤0.01% |
+47,687
| New | +$2.27M |
|
|
QUOT
2487
DELISTED
Quotient Technology Inc
QUOT
| $2.34M | ﹤0.01% |
237,400
+204,532
| +622% | +$1.96M |
|
|
RUBY
2488
DELISTED
Rubius Therapeutics, Inc
RUBY
| $2.32M | ﹤0.01% |
244,655
+184,836
| +309% | +$1.79M |
|
|
MOSC.WS
2489
CALL
DELISTED
Mosaic Acquisition Corp. Warrants, each exercisable for one Class A Common Stock at an exercise pric
MOSC.WS
| $2.32M | ﹤0.01% |
+225,926
| New | +$193K |
|
2490
Univest Financial
UVSP
$1.23B
| $2.32M | ﹤0.01% |
86,717
+65,293
| +305% | +$1.69M |
|
|
EMBJ
2491
Embraer S.A. ADS
EMBJ
$12B
| $2.32M | ﹤0.01% |
118,890
-1,219,999
| -91% | -$21.5M |
|
2492
Kiniksa Pharmaceuticals
KNSA
$6.31B
| $2.32M | ﹤0.01% |
+209,421
| New | +$1.82M |
|
|
OCFT
2493
DELISTED
OneConnect Financial Technology
OCFT
| $2.32M | ﹤0.01% |
+23,087
| New | +$2.29M |
|
|
CAN
2494
Canaan Creative
CAN
$172M
| $2.31M | ﹤0.01% |
+379,577
| New | +$2.54M |
|
2495
Chord Energy
CHRD
$7.68B
| $2.31M | ﹤0.01% |
709,904
-10,681,423
| -94% | -$30.6M |
|
2496
Enanta Pharmaceuticals
ENTA
$362M
| $2.31M | ﹤0.01% |
37,432
+31,811
| +566% | +$1.97M |
|
2497
Kraft Heinz
KHC
$32.8B
| $2.31M | ﹤0.01% |
72,000
-1,264,875
| -95% | -$38.3M |
|
|
PTLA
2498
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $2.31M | ﹤0.01% |
96,769
-24,018
| -20% | -$663K |
|
|
WCG
2499
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $2.31M | ﹤0.01% |
+7,000
| New | +$2.1M |
|
2500
PUT
Hormel Foods
HRL
$14.2B
| $2.31M | ﹤0.01% |
+51,100
| New | +$2.2M |
|
Similar funds
Millennium Management's Q4 2019 Portfolio in Review
As of Q4 2019, Millennium Management held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Millennium Management deployed $9.74B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Healthcare at 9.7% of assets, down from 11% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Millennium Management's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Millennium Management's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Millennium Management fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Millennium Management's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Millennium Management opened 829 new positions and closed 796 in Q4 2019.
- Millennium Management's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.