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 | |
|---|---|---|---|---|---|---|
|
NAK
3601
Northern Dynasty Minerals
NAK
$812M
| $321K | ﹤0.01% |
750,412
-177,876
| -19% | -$93K |
|
|
IEA
3602
DELISTED
Infrastructure and Energy Alternatives, Inc. Common Stock
IEA
| $321K | ﹤0.01% |
99,827
-50,188
| -33% | -$156K |
|
3603
CALL
AngioDynamics
ANGO
$593M
| $320K | ﹤0.01% |
+20,000
| New | +$305K |
|
3604
Cathay General Bancorp
CATY
$4.25B
| $320K | ﹤0.01% |
8,409
-286,991
| -97% | -$10.5M |
|
3605
Home Bancorp
HBCP
$563M
| $319K | ﹤0.01% |
+8,143
| New | +$316K |
|
|
MCBC
3606
DELISTED
Macatawa Bank Corp
MCBC
| $318K | ﹤0.01% |
28,579
+11,906
| +71% | +$127K |
|
|
FTSI
3607
DELISTED
FTS International, Inc. Common Stock
FTSI
| $318K | ﹤0.01% |
+15,284
| New | +$411K |
|
3608
Boot Barn
BOOT
$4.81B
| $317K | ﹤0.01% |
7,114
+1,271
| +22% | +$50.2K |
|
3609
Qfin Holdings
QFIN
$1.66B
| $317K | ﹤0.01% |
32,460
-7,466
| -19% | -$67.6K |
|
3610
Perrigo
PRGO
$1.43B
| $316K | ﹤0.01% |
+6,125
| New | +$320K |
|
3611
Wave Life Sciences
WVE
$1.13B
| $315K | ﹤0.01% |
39,335
+27,873
| +243% | +$683K |
|
|
DLA
3612
DELISTED
Delta Apparel Inc.
DLA
| $315K | ﹤0.01% |
+10,142
| New | +$272K |
|
|
THOR
3613
CALL
DELISTED
Synthorx, Inc. Common Stock
THOR
| $315K | ﹤0.01% |
+4,500
| New | +$129K |
|
3614
US Physical Therapy
USPH
$1.2B
| $314K | ﹤0.01% |
2,748
-42,806
| -94% | -$5.33M |
|
3615
CALL
Extreme Networks
EXTR
$3.92B
| $313K | ﹤0.01% |
+42,500
| New | +$298K |
|
3616
Wipro
WIT
$19B
| $313K | ﹤0.01% |
166,776
-1,988,348
| -92% | -$3.75M |
|
3617
CALL
Trade Desk
TTD
$8.89B
| $312K | ﹤0.01% |
+12,000
| New | +$270K |
|
|
CART
3618
DELISTED
Carolina Trust BancShares
CART
| $312K | ﹤0.01% |
+23,930
| New | +$279K |
|
|
EPZM
3619
DELISTED
Epizyme, Inc
EPZM
| $310K | ﹤0.01% |
12,609
-1,162,056
| -99% | -$17.2M |
|
3620
CALL
Macy's
M
$6.62B
| $309K | ﹤0.01% |
+18,200
| New | +$285K |
|
|
HA
3621
DELISTED
Hawaiian Holdings, Inc.
HA
| $309K | ﹤0.01% |
10,538
-56,739
| -84% | -$1.66M |
|
3622
Vista Energy
VIST
$7.16B
| $308K | ﹤0.01% |
39,280
-109,353
| -74% | -$670K |
|
3623
Southern Missouri Bancorp
SMBC
$869M
| $307K | ﹤0.01% |
+7,997
| New | +$296K |
|
3624
ProShares Short VIX Short-Term Futures ETF
SVXY
$224M
| $307K | ﹤0.01% |
+9,400
| New | +$280K |
|
3625
CALL
Canadian Pacific Kansas City
CP
$81.4B
| $306K | ﹤0.01% |
+6,000
| New | +$281K |
|
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.