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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.41% |
| 2 | Technology | 7.27% |
| 3 | Financials | 6.46% |
| 4 | Consumer Discretionary | 5.3% |
| 5 | Industrials | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2676
Matrix Service
MTRX
$325M
| $668K | ﹤0.01% |
+70,561
| New | +$1.09M |
|
|
MNTV
2677
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $668K | ﹤0.01% |
49,412
+27,463
| +125% | +$472K |
|
2678
CALL
Travelers Companies
TRV
$79.8B
| $666K | ﹤0.01% |
+6,700
| New | +$833K |
|
2679
Western Alliance Bancorporation
WAL
$9.05B
| $665K | ﹤0.01% |
21,719
-420,089
| -95% | -$20.1M |
|
2680
Gates Industrial Corporation Ltd.
GTES
$7.42B
| $663K | ﹤0.01% |
89,832
-14,784
| -14% | -$164K |
|
2681
CALL
Martin Marietta Materials
MLM
$33.2B
| $662K | ﹤0.01% |
3,500
-10,900
| -76% | -$2.61M |
|
|
RFP
2682
DELISTED
Resolute Forest Products Inc.
RFP
| $661K | ﹤0.01% |
524,453
-109,702
| -17% | -$328K |
|
|
GWB
2683
DELISTED
Great Western Bancorp, Inc.
GWB
| $659K | ﹤0.01% |
32,178
-113,057
| -78% | -$3.19M |
|
2684
The RealReal
REAL
$1.52B
| $658K | ﹤0.01% |
93,880
-162,201
| -63% | -$2.21M |
|
|
CMBT
2685
CMB.TECH NV
CMBT
$4.62B
| $656K | ﹤0.01% |
58,137
-712,409
| -92% | -$7.34M |
|
|
GEN
2686
DELISTED
Genesis Healthcare, Inc.
GEN
| $656K | ﹤0.01% |
777,972
-114,786
| -13% | -$164K |
|
|
ACGN
2687
DELISTED
Aceragen Inc
ACGN
| $655K | ﹤0.01% |
29,210
-1,942
| -6% | -$52.7K |
|
|
FLY
2688
DELISTED
Fly Leasing Limited
FLY
| $655K | ﹤0.01% |
92,985
-383,114
| -80% | -$5.88M |
|
|
EGLE
2689
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $651K | ﹤0.01% |
50,296
+30,781
| +158% | +$685K |
|
2690
Zimmer Biomet
ZBH
$19B
| $648K | ﹤0.01% |
6,600
-652,673
| -99% | -$85.6M |
|
2691
CALL
Sarepta Therapeutics
SRPT
$1.68B
| $646K | ﹤0.01% |
+6,600
| New | +$754K |
|
2692
MidCap Financial Investment
MFIC
$781M
| $645K | ﹤0.01% |
+95,522
| New | +$1.42M |
|
2693
CALL
Yum China
YUMC
$16.3B
| $644K | ﹤0.01% |
+15,100
| New | +$673K |
|
2694
RCI Hospitality Holdings
RICK
$198M
| $643K | ﹤0.01% |
64,495
-3,107
| -5% | -$55.3K |
|
2695
TriplePoint Venture Growth BDC
TPVG
$188M
| $642K | ﹤0.01% |
+111,831
| New | +$1.32M |
|
|
ACH
2696
Accendra Health
ACH
$227M
| $640K | ﹤0.01% |
+69,925
| New | +$422K |
|
|
SPN
2697
DELISTED
Superior Energy Services, Inc.
SPN
| $638K | ﹤0.01% |
433,692
-71,725
| -14% | -$282K |
|
2698
U-Haul Holding Co
UHAL
$14.5B
| $637K | ﹤0.01% |
21,930
+15,850
| +261% | +$535K |
|
|
SIVB
2699
CALL
DELISTED
SVB Financial Group
SIVB
| $635K | ﹤0.01% |
+4,200
| New | +$924K |
|
2700
Enovis
ENOV
$1.74B
| $634K | ﹤0.01% |
18,613
-1,075,073
| -98% | -$59.1M |
|
Similar funds
Millennium Management's Q1 2020 Portfolio in Review
As of Q1 2020, Millennium Management held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management withdrew a net $21.4B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, up from 9.7% a quarter earlier, followed by Technology and Financials.
Against the trend, Millennium Management opened a new position in Danaher worth $133M.
- Millennium Management's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Millennium Management added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Millennium Management's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Millennium Management fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Millennium Management's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Millennium Management opened 789 new positions and closed 1,154 in Q1 2020.
- Millennium Management's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.