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 | |
|---|---|---|---|---|---|---|
3151
iShares S&P GSCI Commodity-Indexed Trust
GSG
$1B
| $692K | ﹤0.01% |
+42,659
| New | +$662K |
|
|
MRCC
3152
DELISTED
Monroe Capital Corp
MRCC
| $688K | ﹤0.01% |
63,365
+51,869
| +451% | +$569K |
|
3153
PUT
Sprouts Farmers Market
SFM
$7.44B
| $687K | ﹤0.01% |
+35,500
| New | +$687K |
|
|
AMWD
3154
DELISTED
American Woodmark
AMWD
| $685K | ﹤0.01% |
6,557
-71,766
| -92% | -$7.21M |
|
3155
Gentherm
THRM
$1.32B
| $685K | ﹤0.01% |
15,425
-9,571
| -38% | -$408K |
|
|
TA
3156
DELISTED
TravelCenters of America LLC
TA
| $683K | ﹤0.01% |
39,811
-61,537
| -61% | -$697K |
|
3157
First National Corp
FXNC
$284M
| $682K | ﹤0.01% |
31,886
-2,447
| -7% | -$48.2K |
|
3158
Ranpak Holdings
PACK
$500M
| $681K | ﹤0.01% |
83,579
+3,425
| +4% | +$21.9K |
|
3159
Fortress Biotech
FBIO
$111M
| $679K | ﹤0.01% |
17,626
-9,713
| -36% | -$249K |
|
|
DSKE
3160
DELISTED
Daseke, Inc. Common Stock
DSKE
| $679K | ﹤0.01% |
214,766
+188,751
| +726% | +$553K |
|
3161
Columbus McKinnon
CMCO
$422M
| $677K | ﹤0.01% |
16,908
-61,029
| -78% | -$2.36M |
|
3162
Comstock Resources
CRK
$3.7B
| $677K | ﹤0.01% |
82,318
+19,789
| +32% | +$138K |
|
3163
ProShares Short QQQ
PSQ
$857M
| $677K | ﹤0.01% |
+5,509
| New | +$722K |
|
|
QIWI
3164
DELISTED
QIWI PLC
QIWI
| $675K | ﹤0.01% |
34,887
-686,859
| -95% | -$13.4M |
|
3165
CALL
Avanos Medical
AVNS
| $674K | ﹤0.01% |
+20,000
| New | +$724K |
|
|
COOP
3166
DELISTED
Mr. Cooper
COOP
| $674K | ﹤0.01% |
53,889
-94,158
| -64% | -$1.16M |
|
3167
ACM Research
ACMR
$4.51B
| $670K | ﹤0.01% |
108,933
-434,472
| -80% | -$2.14M |
|
3168
Entravision Communication
EVC
$1.02B
| $669K | ﹤0.01% |
255,191
-227,397
| -47% | -$621K |
|
3169
Hawaiian Electric Industries
HE
$2.26B
| $669K | ﹤0.01% |
14,281
-56,964
| -80% | -$2.55M |
|
|
MIE
3170
DELISTED
COHEN & STEERS MLP INCOME AND ENERGY OPPORTUNITY FUND, INC.
MIE
| $668K | ﹤0.01% |
+83,100
| New | +$639K |
|
|
TBI
3171
Trueblue
TBI
$227M
| $667K | ﹤0.01% |
27,734
+13,808
| +99% | +$315K |
|
3172
Signet Jewelers
SIG
$3.84B
| $666K | ﹤0.01% |
+30,638
| New | +$544K |
|
3173
Commercial Vehicle Group
CVGI
$147M
| $665K | ﹤0.01% |
+104,663
| New | +$743K |
|
|
GRTX
3174
DELISTED
Galera Therapeutics, Inc. Common Stock
GRTX
| $664K | ﹤0.01% |
+50,472
| New | +$615K |
|
3175
Parsons
PSN
$4.31B
| $660K | ﹤0.01% |
15,998
+6,212
| +63% | +$232K |
|
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.