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 | |
|---|---|---|---|---|---|---|
2801
RCI Hospitality Holdings
RICK
$202M
| $1.39M | ﹤0.01% |
67,602
+25,798
| +62% | +$497K |
|
2802
Gaotu Techedu
GOTU
$405M
| $1.39M | ﹤0.01% |
+63,352
| New | +$1.08M |
|
2803
Groupon
GRPN
$1.03B
| $1.38M | ﹤0.01% |
+28,894
| New | +$1.6M |
|
2804
Quaker Houghton
KWR
$2.58B
| $1.38M | ﹤0.01% |
8,392
-8,600
| -51% | -$1.33M |
|
2805
PUT
Workday
WDAY
$41.5B
| $1.38M | ﹤0.01% |
8,400
-7,800
| -48% | -$1.29M |
|
2806
CALL
Waste Management
WM
$95B
| $1.38M | ﹤0.01% |
12,100
-600
| -5% | -$67.8K |
|
2807
Range Resources
RRC
$9.33B
| $1.38M | ﹤0.01% |
283,858
+240,765
| +559% | +$971K |
|
|
SPNE
2808
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $1.37M | ﹤0.01% |
114,382
+34,427
| +43% | +$420K |
|
2809
Hamilton Lane
HLNE
$3.88B
| $1.37M | ﹤0.01% |
22,992
-2,386
| -9% | -$138K |
|
2810
Marcus Corp
MCS
$767M
| $1.37M | ﹤0.01% |
42,991
-6,328
| -13% | -$214K |
|
2811
PUT
Biogen
BIIB
$30.9B
| $1.36M | ﹤0.01% |
4,600
| – | – |
|
2812
PUT
TG Therapeutics
TGTX
$8.19B
| $1.36M | ﹤0.01% |
+123,000
| New | +$935K |
|
|
ARCE
2813
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $1.36M | ﹤0.01% |
30,760
+12,222
| +66% | +$544K |
|
2814
CALL
Bunge Global
BG
$20.9B
| $1.36M | ﹤0.01% |
+23,600
| New | +$1.31M |
|
|
DAY
2815
CALL
DELISTED
Dayforce
DAY
| $1.36M | ﹤0.01% |
20,000
+15,000
| +300% | +$829K |
|
|
UNT
2816
DELISTED
UNIT Corporation
UNT
| $1.36M | ﹤0.01% |
1,951,219
+1,838,273
| +1,628% | +$2.93M |
|
2817
Replimune Group
REPL
$455M
| $1.35M | ﹤0.01% |
+94,394
| New | +$1.36M |
|
2818
Emcor
EME
$29.9B
| $1.35M | ﹤0.01% |
15,619
-126,544
| -89% | -$11.1M |
|
2819
Stereotaxis
STXS
$133M
| $1.35M | ﹤0.01% |
254,862
+214,005
| +524% | +$850K |
|
2820
Millicom
TIGO
$15.8B
| $1.34M | ﹤0.01% |
+27,870
| New | +$1.28M |
|
|
NUAN
2821
DELISTED
Nuance Communications, Inc.
NUAN
| $1.34M | ﹤0.01% |
75,321
-139,389
| -65% | -$2.31M |
|
|
SA
2822
Seabridge Gold
SA
$2.72B
| $1.34M | ﹤0.01% |
96,904
-361,043
| -79% | -$4.57M |
|
|
MIXT
2823
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $1.34M | ﹤0.01% |
103,230
-7,458
| -7% | -$94.3K |
|
2824
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $1.33M | ﹤0.01% |
12,112
-129,977
| -91% | -$14.5M |
|
2825
State Street SPDR S&P Metals & Mining ETF
XME
$3.75B
| $1.33M | ﹤0.01% |
+45,570
| New | +$1.24M |
|
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.