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 | |
|---|---|---|---|---|---|---|
3776
Preformed Line Products
PLPC
$1.45B
| $229K | ﹤0.01% |
+3,795
| New | +$236K |
|
|
OSG
3777
DELISTED
Overseas Shipholding Group Inc.
OSG
| $229K | ﹤0.01% |
99,446
+40,207
| +68% | +$74.8K |
|
3778
Coastal Financial
CCB
$1.11B
| $228K | ﹤0.01% |
+13,856
| New | +$224K |
|
3779
U-Haul Holding Co
UHAL
$14.3B
| $228K | ﹤0.01% |
6,080
-6,960
| -53% | -$264K |
|
3780
PUT
MarketAxess Holdings
MKTX
$4.34B
| $227K | ﹤0.01% |
+600
| New | +$220K |
|
3781
CALL
Pinduoduo
PDD
$122B
| $227K | ﹤0.01% |
+6,000
| New | +$224K |
|
|
NBIS
3782
PUT
Nebius Group N.V.
NBIS
$43.1B
| $226K | ﹤0.01% |
+5,200
| New | +$194K |
|
|
FBMS
3783
DELISTED
The First Bancshares, Inc.
FBMS
| $225K | ﹤0.01% |
6,324
-141,687
| -96% | -$4.7M |
|
3784
Invesco Taxable Municipal Bond ETF
BAB
$1.03B
| $224K | ﹤0.01% |
+7,087
| New | +$227K |
|
|
BFIN
3785
DELISTED
BankFinancial
BFIN
| $224K | ﹤0.01% |
17,151
-31,182
| -65% | -$406K |
|
3786
Nephros
NEPH
$38M
| $224K | ﹤0.01% |
22,501
-16,020
| -42% | -$143K |
|
3787
Farmers National Banc Corp
FMNB
$947M
| $223K | ﹤0.01% |
13,688
-17,124
| -56% | -$261K |
|
|
HONE
3788
DELISTED
HarborOne Bancorp
HONE
| $223K | ﹤0.01% |
+20,308
| New | +$213K |
|
3789
Spruce Power Holding Corp
SPRU
$38.6M
| $223K | ﹤0.01% |
+2,807
| New | +$222K |
|
3790
Vanda Pharmaceuticals
VNDA
$310M
| $223K | ﹤0.01% |
13,613
-448,362
| -97% | -$6.78M |
|
3791
OR Royalties Inc
OR
$5.52B
| $222K | ﹤0.01% |
22,862
-1,313,962
| -98% | -$12M |
|
3792
Neuronetics
STIM
$130M
| $222K | ﹤0.01% |
49,445
+13,637
| +38% | +$84.7K |
|
|
HYRE
3793
DELISTED
HyreCar Inc. Common Stock
HYRE
| $222K | ﹤0.01% |
+84,282
| New | +$204K |
|
|
CWBC
3794
Community West Bancshares
CWBC
$693M
| $221K | ﹤0.01% |
+10,218
| New | +$213K |
|
3795
Robert Half
RHI
$4.04B
| $221K | ﹤0.01% |
3,500
-882,287
| -100% | -$51.2M |
|
|
CEO
3796
DELISTED
CNOOC Limited
CEO
| $221K | ﹤0.01% |
1,324
-2,526
| -66% | -$387K |
|
|
SWTX
3797
DELISTED
SpringWorks Therapeutics
SWTX
| $220K | ﹤0.01% |
5,723
-397,890
| -99% | -$9.31M |
|
|
CMD
3798
DELISTED
Cantel Medical Corporation
CMD
| $220K | ﹤0.01% |
3,100
-96,771
| -97% | -$7.02M |
|
3799
Capital Bancorp
CBNK
$615M
| $219K | ﹤0.01% |
14,718
+867
| +6% | +$12.3K |
|
|
BNFT
3800
PUT
DELISTED
Benefitfocus, Inc.
BNFT
| $219K | ﹤0.01% |
+10,000
| New | +$226K |
|
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.