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 | |
|---|---|---|---|---|---|---|
3701
CALL
Darden Restaurants
DRI
$23.7B
| $262K | ﹤0.01% |
+2,400
| New | +$272K |
|
|
ONIT
3702
Onity Group
ONIT
$341M
| $262K | ﹤0.01% |
12,738
-1,454
| -10% | -$35.2K |
|
3703
RBB Bancorp
RBB
$451M
| $261K | ﹤0.01% |
12,335
-17,816
| -59% | -$362K |
|
|
BLDP
3704
Ballard Power Systems
BLDP
$808M
| $260K | ﹤0.01% |
36,245
-6,678
| -16% | -$40.7K |
|
3705
Urban One Class D
UONEK
$22.6M
| $260K | ﹤0.01% |
13,704
-1,571
| -10% | -$32.1K |
|
3706
Karyopharm Therapeutics
KPTI
$161M
| $259K | ﹤0.01% |
900
-84,813
| -99% | -$18.4M |
|
3707
Myers Industries
MYE
$1.26B
| $259K | ﹤0.01% |
15,512
+3,833
| +33% | +$63.8K |
|
3708
Amgen
AMGN
$212B
| $258K | ﹤0.01% |
1,070
-186,208
| -99% | -$41M |
|
|
DO
3709
PUT
DELISTED
Diamond Offshore Drilling
DO
| $258K | ﹤0.01% |
35,900
-11,100
| -24% | -$64.5K |
|
3710
Fiverr
FVRR
$417M
| $257K | ﹤0.01% |
+10,953
| New | +$242K |
|
3711
PLDT
PHI
$4.32B
| $257K | ﹤0.01% |
+12,837
| New | +$269K |
|
3712
MarketAxess Holdings
MKTX
$4.34B
| $256K | ﹤0.01% |
674
-44,538
| -99% | -$16.3M |
|
3713
Antero Midstream
AM
$10.3B
| $255K | ﹤0.01% |
33,638
-746,317
| -96% | -$4.72M |
|
3714
Fox Factory Holding Corp
FOXF
$801M
| $255K | ﹤0.01% |
3,664
-1,700
| -32% | -$110K |
|
3715
Syndax Pharmaceuticals
SNDX
$1.74B
| $255K | ﹤0.01% |
29,021
-1,774
| -6% | -$13K |
|
3716
First Interstate BancSystem
FIBK
$3.7B
| $254K | ﹤0.01% |
6,051
-3,384
| -36% | -$142K |
|
3717
IMAX
IMAX
$2.59B
| $254K | ﹤0.01% |
+12,410
| New | +$265K |
|
3718
KNOT Offshore Partners
KNOP
$352M
| $254K | ﹤0.01% |
+12,845
| New | +$248K |
|
3719
Medpace
MEDP
$15.9B
| $254K | ﹤0.01% |
3,018
-84,358
| -97% | -$6.53M |
|
3720
Mizuho Financial
MFG
$123B
| $253K | ﹤0.01% |
81,756
+4,199
| +5% | +$13.1K |
|
3721
Prudential
PUK
$36.1B
| $253K | ﹤0.01% |
6,839
-6,846
| -50% | -$241K |
|
3722
Main Street Capital
MAIN
$5.14B
| $251K | ﹤0.01% |
+5,812
| New | +$249K |
|
|
LVGO
3723
CALL
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $251K | ﹤0.01% |
+10,000
| New | +$239K |
|
3724
WisdomTree International SmallCap Dividend Fund
DLS
$1.05B
| $250K | ﹤0.01% |
+3,521
| New | +$237K |
|
|
GRVY
3725
GRAVITY
GRVY
$431M
| $250K | ﹤0.01% |
+6,677
| New | +$239K |
|
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.