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 | |
|---|---|---|---|---|---|---|
|
CIICU
876
DELISTED
CIIG Merger Corp. Units
CIICU
| $18.9M | 0.02% |
+1,865,119
| New | +$18.9M |
|
877
Dave & Buster's
PLAY
$363M
| $18.9M | 0.02% |
471,453
-591,707
| -56% | -$23.7M |
|
878
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$161M
| $18.9M | 0.02% |
19,531
-11,678
| -37% | -$14.1M |
|
879
PUT
NRG Energy
NRG
$28.8B
| $18.9M | 0.02% |
+474,300
| New | +$18.8M |
|
880
Dana Inc
DAN
$2.93B
| $18.8M | 0.02% |
1,035,606
+976,954
| +1,666% | +$16.3M |
|
881
Valmont Industries
VMI
$9.61B
| $18.8M | 0.02% |
125,817
-10,696
| -8% | -$1.51M |
|
|
SIX
882
DELISTED
Six Flags Entertainment Corp.
SIX
| $18.8M | 0.02% |
417,194
-459,728
| -52% | -$21.2M |
|
883
Moelis & Co
MC
$5.04B
| $18.8M | 0.02% |
589,282
+457,045
| +346% | +$15M |
|
884
Clarivate
CLVT
$1.36B
| $18.8M | 0.02% |
1,119,543
+596,043
| +114% | +$10M |
|
885
Idacorp
IDA
$8.2B
| $18.8M | 0.02% |
176,101
-124,652
| -41% | -$13.3M |
|
|
SPR
886
DELISTED
Spirit AeroSystems
SPR
| $18.8M | 0.02% |
257,820
-175,792
| -41% | -$14.5M |
|
887
PagSeguro Digital
PAGS
$2.62B
| $18.7M | 0.02% |
548,257
+332,375
| +154% | +$12M |
|
888
Halozyme
HALO
$9.66B
| $18.7M | 0.02% |
1,054,963
+739,802
| +235% | +$12.8M |
|
889
PUT
Synchrony
SYF
$24.5B
| $18.7M | 0.02% |
+519,000
| New | +$18.6M |
|
|
PACW
890
DELISTED
PacWest Bancorp
PACW
| $18.7M | 0.02% |
488,283
-27,862
| -5% | -$1.05M |
|
891
Hubbell
HUBB
$26.3B
| $18.7M | 0.02% |
126,365
-101,736
| -45% | -$14.5M |
|
|
CTXS
892
PUT
DELISTED
Citrix Systems Inc
CTXS
| $18.6M | 0.02% |
167,700
+64,000
| +62% | +$6.89M |
|
893
Match Group
MTCH
$9.05B
| $18.5M | 0.02% |
225,728
-191,071
| -46% | -$13.9M |
|
894
Yelp
YELP
$1.45B
| $18.5M | 0.02% |
531,724
-478,335
| -47% | -$16.2M |
|
|
FBC
895
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $18.5M | 0.02% |
483,841
+217,350
| +82% | +$8.12M |
|
896
Cardinal Health
CAH
$53.7B
| $18.5M | 0.02% |
+365,003
| New | +$18.9M |
|
897
Palo Alto Networks
PANW
$259B
| $18.4M | 0.02% |
478,434
-4,128
| -0.9% | -$156K |
|
898
First American
FAF
$7.79B
| $18.4M | 0.02% |
316,100
-220,800
| -41% | -$13.5M |
|
899
Healthcare Services Group
HCSG
$1.58B
| $18.4M | 0.02% |
757,742
+580,499
| +328% | +$14.4M |
|
|
FPAC.U
900
DELISTED
Far Point Acquisition Corporation Units, each consisting of one share of Class A common stock, $0.00
FPAC.U
| $18.4M | 0.02% |
1,700,000
| – | – |
|
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.