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 | |
|---|---|---|---|---|---|---|
2601
Clorox
CLX
$11.7B
| $1.99M | ﹤0.01% |
12,948
-117,198
| -90% | -$17.5M |
|
2602
PUT
Ford
F
$59.3B
| $1.99M | ﹤0.01% |
213,500
-623,700
| -74% | -$5.61M |
|
2603
City Holding Co
CHCO
$2.04B
| $1.96M | ﹤0.01% |
23,920
+12,522
| +110% | +$992K |
|
|
WSR
2604
DELISTED
Whitestone REIT
WSR
| $1.96M | ﹤0.01% |
+143,918
| New | +$1.98M |
|
|
CALA
2605
DELISTED
Calithera Biosciences, Inc
CALA
| $1.95M | ﹤0.01% |
17,110
+10,751
| +169% | +$809K |
|
|
TUP
2606
DELISTED
Tupperware Brands Corporation
TUP
| $1.95M | ﹤0.01% |
227,386
-46,585
| -17% | -$508K |
|
2607
Hanover Insurance
THG
$8.05B
| $1.95M | ﹤0.01% |
14,245
-203,225
| -93% | -$27.3M |
|
|
CORE
2608
DELISTED
Core Mark Holding Co., Inc.
CORE
| $1.94M | ﹤0.01% |
+71,476
| New | +$1.98M |
|
2609
CALL
Revvity
RVTY
$12.7B
| $1.94M | ﹤0.01% |
20,000
+10,000
| +100% | +$893K |
|
|
COUP
2610
DELISTED
Coupa Software Incorporated
COUP
| $1.94M | ﹤0.01% |
13,280
+8,194
| +161% | +$1.17M |
|
2611
Mitsubishi UFJ Financial
MUFG
$254B
| $1.94M | ﹤0.01% |
+356,459
| New | +$1.88M |
|
2612
Ardmore Shipping
ASC
$703M
| $1.93M | ﹤0.01% |
213,694
+121,365
| +131% | +$1.01M |
|
2613
Blackstone
BX
$102B
| $1.93M | ﹤0.01% |
+34,569
| New | +$1.79M |
|
2614
Vanguard Dividend Appreciation ETF
VIG
$112B
| $1.93M | ﹤0.01% |
15,456
+624
| +4% | +$75.5K |
|
|
NFJ
2615
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.41B
| $1.92M | ﹤0.01% |
147,981
-23,139
| -14% | -$292K |
|
2616
National Vision
EYE
$1.79B
| $1.92M | ﹤0.01% |
59,228
-974,076
| -94% | -$26.8M |
|
2617
Gentex
GNTX
$5.03B
| $1.92M | ﹤0.01% |
66,238
-335,334
| -84% | -$9.44M |
|
2618
Vermilion Energy
VET
$1.76B
| $1.92M | ﹤0.01% |
117,373
-64,736
| -36% | -$975K |
|
2619
10x Genomics
TXG
$6.28B
| $1.91M | ﹤0.01% |
25,086
-23,420
| -48% | -$1.41M |
|
|
VRTV
2620
DELISTED
VERITIV CORPORATION
VRTV
| $1.91M | ﹤0.01% |
97,042
-65,612
| -40% | -$1.15M |
|
|
HEES
2621
DELISTED
H&E Equipment Services
HEES
| $1.91M | ﹤0.01% |
57,016
-146,309
| -72% | -$4.75M |
|
2622
BlackRock Credit Allocation Income Trust
BTZ
$935M
| $1.9M | ﹤0.01% |
136,141
+125,261
| +1,151% | +$1.71M |
|
2623
Western Digital
WDC
$184B
| $1.9M | ﹤0.01% |
39,620
-365,827
| -90% | -$15.3M |
|
2624
CALL
BJ's Restaurants
BJRI
$1.56B
| $1.9M | ﹤0.01% |
50,000
-260,000
| -84% | -$9.97M |
|
2625
Dianthus Therapeutics
DNTH
$6.16B
| $1.89M | ﹤0.01% |
+7,810
| New | +$1.46M |
|
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.