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 | |
|---|---|---|---|---|---|---|
2776
Newell Brands
NWL
$2.63B
| $560K | ﹤0.01% |
42,186
-14,936
| -26% | -$257K |
|
2777
ADMA Biologics
ADMA
$2.15B
| $559K | ﹤0.01% |
194,102
-71,999
| -27% | -$249K |
|
2778
Atara Biotherapeutics
ATRA
$76.9M
| $559K | ﹤0.01% |
2,625
-4,710
| -64% | -$1.49M |
|
2779
PUT
Macy's
M
$6.71B
| $559K | ﹤0.01% |
+113,900
| New | +$1.54M |
|
|
AMK
2780
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $559K | ﹤0.01% |
27,392
-96,655
| -78% | -$2.6M |
|
|
SIVB
2781
PUT
DELISTED
SVB Financial Group
SIVB
| $559K | ﹤0.01% |
+3,700
| New | +$814K |
|
2782
Bank7 Corp
BSVN
$477M
| $553K | ﹤0.01% |
69,587
-3,886
| -5% | -$60K |
|
|
TCRR
2783
DELISTED
TCR2 Therapeutics Inc. Common Stock
TCRR
| $550K | ﹤0.01% |
71,098
+20,886
| +42% | +$256K |
|
2784
SAP
SAP
$228B
| $546K | ﹤0.01% |
4,943
-33,260
| -87% | -$4.2M |
|
2785
PUT
Lumentum
LITE
$64.3B
| $545K | ﹤0.01% |
+7,400
| New | +$582K |
|
|
IDEX
2786
DELISTED
Ideanomics, Inc. Common Stock
IDEX
| $543K | ﹤0.01% |
+3,241
| New | +$239K |
|
2787
Lakeland Financial Corp
LKFN
$1.57B
| $542K | ﹤0.01% |
+14,759
| New | +$642K |
|
|
NKLA
2788
DELISTED
Nikola Corporation Common Stock
NKLA
| $542K | ﹤0.01% |
+1,697
| New | +$548K |
|
2789
PetMed Express
PETS
$42.1M
| $541K | ﹤0.01% |
18,795
+2,554
| +16% | +$66.9K |
|
2790
WhiteHorse Finance
WHF
$141M
| $540K | ﹤0.01% |
76,254
+50,090
| +191% | +$625K |
|
2791
Minerals Technologies
MTX
$2.4B
| $539K | ﹤0.01% |
14,853
+4,071
| +38% | +$197K |
|
2792
ACNB Corp
ACNB
$663M
| $537K | ﹤0.01% |
+17,889
| New | +$575K |
|
2793
Seaboard Corp
SEB
$4.12B
| $537K | ﹤0.01% |
191
-106
| -36% | -$383K |
|
2794
Civista Bancshares
CIVB
$600M
| $534K | ﹤0.01% |
35,722
-31,761
| -47% | -$639K |
|
|
FONR
2795
DELISTED
Fonar
FONR
| $533K | ﹤0.01% |
36,426
+17,943
| +97% | +$331K |
|
|
CCF
2796
DELISTED
Chase Corporation
CCF
| $533K | ﹤0.01% |
6,473
+3,517
| +119% | +$323K |
|
|
BDXA
2797
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
| $533K | ﹤0.01% |
9,698
-2,995
| -24% | -$181K |
|
|
VTLE
2798
DELISTED
Vital Energy
VTLE
| $532K | ﹤0.01% |
69,991
-4,028
| -5% | -$117K |
|
2799
1-800-Flowers.com
FLWS
$265M
| $531K | ﹤0.01% |
+40,139
| New | +$618K |
|
2800
CALL
General Motors
GM
$78.2B
| $530K | ﹤0.01% |
25,500
-155,400
| -86% | -$4.75M |
|
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.