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 | |
|---|---|---|---|---|---|---|
|
P
2551
CALL
Everpure Inc
P
$25B
| $2.14M | ﹤0.01% |
+125,000
| New | +$2.21M |
|
|
ASRT
2552
DELISTED
Assertio
ASRT
| $2.13M | ﹤0.01% |
28,364
+7,563
| +36% | +$443K |
|
|
PEO
2553
Adams Natural Resources Fund
PEO
$742M
| $2.13M | ﹤0.01% |
+134,353
| New | +$2.05M |
|
|
ARI
2554
Apollo Commercial Real Estate
ARI
$851M
| $2.12M | ﹤0.01% |
+115,969
| New | +$2.14M |
|
|
ZYXI
2555
DELISTED
Zynex
ZYXI
| $2.12M | ﹤0.01% |
296,490
+282,602
| +2,035% | +$2.48M |
|
2556
Establishment Labs
ESTA
$2.75B
| $2.12M | ﹤0.01% |
76,625
+36,441
| +91% | +$807K |
|
2557
iShares Russell 1000 ETF
IWB
$47.9B
| $2.12M | ﹤0.01% |
+11,872
| New | +$2.03M |
|
2558
iShares Core S&P Total US Stock Market ETF
ITOT
$93.8B
| $2.11M | ﹤0.01% |
29,030
+11,267
| +63% | +$784K |
|
2559
Aquestive Therapeutics
AQST
$467M
| $2.11M | ﹤0.01% |
362,016
+261,927
| +262% | +$1.36M |
|
2560
Celsius Holdings
CELH
$7.5B
| $2.1M | ﹤0.01% |
1,307,283
+1,257,945
| +2,550% | +$1.67M |
|
|
CHU
2561
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $2.1M | ﹤0.01% |
224,690
+190,816
| +563% | +$1.83M |
|
2562
3D Systems Corp
DDD
$441M
| $2.09M | ﹤0.01% |
238,894
+208,468
| +685% | +$1.81M |
|
|
SMMCU
2563
DELISTED
South Mountain Merger Corp. Unit
SMMCU
| $2.08M | ﹤0.01% |
200,100
| – | – |
|
|
HMSY
2564
DELISTED
HMS Holdings Corp.
HMSY
| $2.08M | ﹤0.01% |
+70,140
| New | +$2.15M |
|
|
KE
2565
Kimball Electronics
KE
$591M
| $2.08M | ﹤0.01% |
118,207
+59,142
| +100% | +$972K |
|
|
USFR
2566
DELISTED
WisdomTree Bloomberg Floating Rate Treasury Fund
USFR
| $2.08M | ﹤0.01% |
82,787
-11,016
| -12% | -$276K |
|
2567
Financial Institutions
FISI
$812M
| $2.07M | ﹤0.01% |
64,610
+20,635
| +47% | +$650K |
|
2568
ProShares UltraPro S&P 500
UPRO
$5.13B
| $2.07M | ﹤0.01% |
59,180
+7,116
| +14% | +$218K |
|
|
EBSB
2569
DELISTED
Meridian Bancorp, Inc.
EBSB
| $2.07M | ﹤0.01% |
+103,107
| New | +$2.02M |
|
2570
Corporacion America
CAAP
$4.26B
| $2.07M | ﹤0.01% |
344,892
+208,410
| +153% | +$934K |
|
|
HTB
2571
HomeTrust Bancshares
HTB
$860M
| $2.07M | ﹤0.01% |
77,107
+50,552
| +190% | +$1.33M |
|
2572
Datadog
DDOG
$95.6B
| $2.07M | ﹤0.01% |
54,728
+30,156
| +123% | +$1.08M |
|
|
TIVO
2573
DELISTED
Tivo Inc
TIVO
| $2.07M | ﹤0.01% |
243,809
+98,089
| +67% | +$775K |
|
|
NPKI
2574
NPK International
NPKI
$1.05B
| $2.07M | ﹤0.01% |
329,436
+303,804
| +1,185% | +$1.98M |
|
2575
PUT
Kroger
KR
$35.4B
| $2.06M | ﹤0.01% |
+71,200
| New | +$1.89M |
|
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.