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 | |
|---|---|---|---|---|---|---|
2901
Asbury Automotive
ABG
$4.62B
| $1.18M | ﹤0.01% |
10,530
+541
| +5% | +$58.2K |
|
|
YRD
2902
Yiren Digital
YRD
$93.6M
| $1.18M | ﹤0.01% |
212,081
+103,799
| +96% | +$608K |
|
2903
Q32 Bio
QTTB
$435M
| $1.18M | ﹤0.01% |
+3,159
| New | +$905K |
|
2904
ImmunityBio
IBRX
$7.15B
| $1.17M | ﹤0.01% |
309,339
-109,280
| -26% | -$186K |
|
2905
CALL
Teladoc Health
TDOC
$1.66B
| $1.17M | ﹤0.01% |
14,000
-6,000
| -30% | -$457K |
|
|
AIMT
2906
CALL
DELISTED
Aimmune Therapeutics
AIMT
| $1.17M | ﹤0.01% |
+35,000
| New | +$978K |
|
2907
Vanguard High Dividend Yield ETF
VYM
$80.8B
| $1.16M | ﹤0.01% |
+12,418
| New | +$1.13M |
|
2908
Genmab
GMAB
$17.5B
| $1.16M | ﹤0.01% |
52,073
-260,282
| -83% | -$5.68M |
|
2909
CALL
American Express
AXP
$224B
| $1.16M | ﹤0.01% |
9,300
-57,500
| -86% | -$6.87M |
|
2910
WPP
WPP
$4.67B
| $1.15M | ﹤0.01% |
+16,362
| New | +$1.04M |
|
2911
Ziff Davis
ZD
$2B
| $1.15M | ﹤0.01% |
14,102
-12,170
| -46% | -$1.01M |
|
2912
iShares MSCI Chile ETF
ECH
$1,000M
| $1.15M | ﹤0.01% |
+34,350
| New | +$1.18M |
|
2913
Innospec
IOSP
$2.09B
| $1.15M | ﹤0.01% |
11,074
-60,643
| -85% | -$5.8M |
|
2914
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.24B
| $1.14M | ﹤0.01% |
20,554
-18,592
| -47% | -$1.01M |
|
|
PLYA
2915
DELISTED
Playa Hotels & Resorts
PLYA
| $1.14M | ﹤0.01% |
135,523
+112,834
| +497% | +$877K |
|
|
SIX
2916
CALL
DELISTED
Six Flags Entertainment Corp.
SIX
| $1.13M | ﹤0.01% |
25,000
-70,000
| -74% | -$3.22M |
|
|
CSFL
2917
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.13M | ﹤0.01% |
+45,156
| New | +$1.13M |
|
|
LGF.B
2918
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $1.12M | ﹤0.01% |
113,153
-118,864
| -51% | -$1.03M |
|
2919
Pinterest
PINS
$13.7B
| $1.12M | ﹤0.01% |
60,228
+40,964
| +213% | +$884K |
|
|
CSLT
2920
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $1.12M | ﹤0.01% |
844,020
+755,479
| +853% | +$1.05M |
|
2921
NBT Bancorp
NBTB
$2.82B
| $1.12M | ﹤0.01% |
27,645
+19,494
| +239% | +$764K |
|
2922
iShares Core Dividend Growth ETF
DGRO
$42.8B
| $1.12M | ﹤0.01% |
26,582
+9,024
| +51% | +$365K |
|
2923
Moog Inc Class A
MOG.A
$12.4B
| $1.12M | ﹤0.01% |
13,102
-33,273
| -72% | -$2.84M |
|
2924
Hamilton Beach Brands
HBB
$313M
| $1.11M | ﹤0.01% |
58,387
+25,602
| +78% | +$470K |
|
2925
iRadimed
IRMD
$1.2B
| $1.11M | ﹤0.01% |
47,705
+26,250
| +122% | +$613K |
|
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.