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 | |
|---|---|---|---|---|---|---|
3301
RBC Bearings
RBC
$17.4B
| $540K | ﹤0.01% |
3,408
+1,654
| +94% | +$267K |
|
|
PTE
3302
DELISTED
PolarityTE, Inc. Common Stock
PTE
| $540K | ﹤0.01% |
8,312
-39
| -0.5% | -$2.81K |
|
|
GHL
3303
DELISTED
Greenhill & Co., Inc.
GHL
| $539K | ﹤0.01% |
31,549
-227,742
| -88% | -$3.7M |
|
3304
HBT Financial
HBT
$1.33B
| $538K | ﹤0.01% |
+28,346
| New | +$483K |
|
3305
Manchester United
MANU
$4.03B
| $535K | ﹤0.01% |
26,866
+8,597
| +47% | +$148K |
|
|
JOBS
3306
DELISTED
51job Inc
JOBS
| $535K | ﹤0.01% |
6,296
+747
| +13% | +$59.8K |
|
|
SNR
3307
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $535K | ﹤0.01% |
69,891
+52,791
| +309% | +$392K |
|
3308
Schwab US Large- Cap ETF
SCHX
$70.3B
| $534K | ﹤0.01% |
41,706
-64,902
| -61% | -$795K |
|
|
THW
3309
abrdn World Healthcare Fund
THW
$534M
| $534K | ﹤0.01% |
+38,532
| New | +$519K |
|
3310
Aclaris Therapeutics
ACRS
$715M
| $533K | ﹤0.01% |
281,848
+21,397
| +8% | +$35.5K |
|
3311
ArcBest
ARCB
$3.15B
| $533K | ﹤0.01% |
19,308
-189,921
| -91% | -$5.49M |
|
3312
Ingles Markets
IMKTA
$1.72B
| $533K | ﹤0.01% |
11,226
-2,578
| -19% | -$110K |
|
|
HNP
3313
DELISTED
Huaneng Power Intl, Inc.
HNP
| $533K | ﹤0.01% |
26,552
+9,006
| +51% | +$174K |
|
|
GMLP
3314
DELISTED
Golar LNG Partners LP
GMLP
| $532K | ﹤0.01% |
+60,154
| New | +$572K |
|
3315
First Financial Bankshares
FFIN
$5.05B
| $531K | ﹤0.01% |
15,125
-29,479
| -66% | -$1.02M |
|
|
JKS
3316
JinkoSolar
JKS
$764M
| $531K | ﹤0.01% |
23,596
+4
| +0% | +$70 |
|
3317
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.6B
| $531K | ﹤0.01% |
+11,432
| New | +$528K |
|
3318
PUT
Align Technology
ALGN
$12.9B
| $530K | ﹤0.01% |
1,900
-51,100
| -96% | -$12.7M |
|
3319
McEwen Inc
MUX
$1B
| $529K | ﹤0.01% |
+41,646
| New | +$589K |
|
|
GNMK
3320
DELISTED
GenMark Diagnostics, Inc
GNMK
| $529K | ﹤0.01% |
110,060
-337,661
| -75% | -$1.86M |
|
|
BNY
3321
PUT
Bank of New York Mellon
BNY
$103B
| $528K | ﹤0.01% |
+10,500
| New | +$501K |
|
3322
Allot
ALLT
$362M
| $525K | ﹤0.01% |
61,767
+49,259
| +394% | +$404K |
|
|
AGFS
3323
DELISTED
AgroFresh Solutions Inc
AGFS
| $525K | ﹤0.01% |
203,367
-131,788
| -39% | -$308K |
|
3324
CALL
Restaurant Brands International
QSR
$26.2B
| $523K | ﹤0.01% |
+8,200
| New | +$549K |
|
3325
CALL
Sysco
SYY
$40.8B
| $522K | ﹤0.01% |
+6,100
| New | +$494K |
|
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.