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 | |
|---|---|---|---|---|---|---|
2851
HDFC Bank
HDB
$123B
| $1.28M | ﹤0.01% |
40,408
-267,872
| -87% | -$8.16M |
|
2852
CALL
MPLX
MPLX
$58.6B
| $1.27M | ﹤0.01% |
+50,000
| New | +$1.27M |
|
2853
Camtek
CAMT
$5.92B
| $1.27M | ﹤0.01% |
117,480
+3,814
| +3% | +$39.7K |
|
2854
Amdocs
DOX
$6.03B
| $1.27M | ﹤0.01% |
17,564
-262,945
| -94% | -$17.9M |
|
|
NGM
2855
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $1.26M | ﹤0.01% |
68,435
+54,108
| +378% | +$791K |
|
|
PEI
2856
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $1.26M | ﹤0.01% |
15,821
-7,777
| -33% | -$648K |
|
|
MASI
2857
CALL
DELISTED
Masimo
MASI
| $1.26M | ﹤0.01% |
+8,000
| New | +$1.2M |
|
2858
Power Integrations
POWI
$3.15B
| $1.26M | ﹤0.01% |
25,550
+13,140
| +106% | +$606K |
|
2859
Seaboard Corp
SEB
$4.39B
| $1.26M | ﹤0.01% |
297
-298
| -50% | -$1.25M |
|
2860
ON Semiconductor
ON
$30.7B
| $1.26M | ﹤0.01% |
51,620
-214,400
| -81% | -$4.53M |
|
|
OPRA
2861
Opera Ltd
OPRA
$1.68B
| $1.26M | ﹤0.01% |
136,053
+42,490
| +45% | +$417K |
|
2862
World Kinect Corp
WKC
$2.06B
| $1.26M | ﹤0.01% |
28,964
-25,573
| -47% | -$1.07M |
|
2863
Alta Equipment Group
ALTG
$194M
| $1.25M | ﹤0.01% |
+125,285
| New | +$1.25M |
|
|
XLNX
2864
DELISTED
Xilinx Inc
XLNX
| $1.25M | ﹤0.01% |
+12,799
| New | +$1.2M |
|
2865
CALL
CME Group
CME
$95.4B
| $1.24M | ﹤0.01% |
6,200
| – | – |
|
2866
Horace Mann Educators
HMN
$2.11B
| $1.24M | ﹤0.01% |
28,501
-53,693
| -65% | -$2.37M |
|
2867
iShares MSCI South Korea ETF
EWY
$20.1B
| $1.24M | ﹤0.01% |
19,970
-4,191
| -17% | -$249K |
|
|
MOFG
2868
DELISTED
MidWestOne Financial Group
MOFG
| $1.24M | ﹤0.01% |
34,243
+8,091
| +31% | +$270K |
|
|
CVIA
2869
DELISTED
Covia Holdings Corporation Common Stock
CVIA
| $1.23M | ﹤0.01% |
604,817
-454,691
| -43% | -$734K |
|
2870
DraftKings
DKNG
$12.2B
| $1.23M | ﹤0.01% |
+115,000
| New | +$1.16M |
|
2871
CALL
United States Natural Gas Fund
UNG
$450M
| $1.23M | ﹤0.01% |
+18,250
| New | +$1.41M |
|
|
VIA
2872
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $1.23M | ﹤0.01% |
26,608
-51,607
| -66% | -$2.58M |
|
2873
GCM Grosvenor
GCMG
$737M
| $1.23M | ﹤0.01% |
+119,576
| New | +$1.22M |
|
2874
CALL
SLB Ltd
SLB
$72.7B
| $1.22M | ﹤0.01% |
+30,300
| New | +$1.08M |
|
|
LNW
2875
DELISTED
Light & Wonder
LNW
| $1.22M | ﹤0.01% |
45,439
-727,330
| -94% | -$18.7M |
|
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.