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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.41% |
| 2 | Technology | 7.27% |
| 3 | Financials | 6.46% |
| 4 | Consumer Discretionary | 5.3% |
| 5 | Industrials | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
Magna International
MGA
$18.7B
| $8.53M | 0.02% |
267,281
+214,070
| +402% | +$9.87M |
|
952
Fidelity National Financial
FNF
$13.9B
| $8.52M | 0.02% |
356,013
+82,419
| +30% | +$3.24M |
|
953
Insight Enterprises
NSIT
$3.89B
| $8.46M | 0.02% |
200,684
+179,762
| +859% | +$10.4M |
|
|
PRSU
954
Pursuit Attractions and Hospitality Inc
PRSU
$1.39B
| $8.45M | 0.02% |
397,991
+387,285
| +3,617% | +$20M |
|
955
iShares US Real Estate ETF
IYR
$4.66B
| $8.43M | 0.02% |
121,171
-310,330
| -72% | -$27.5M |
|
956
Cirrus Logic
CRUS
$6.53B
| $8.41M | 0.02% |
128,171
-42,150
| -25% | -$3.11M |
|
957
Genmab
GMAB
$17.7B
| $8.41M | 0.02% |
396,803
+344,730
| +662% | +$7.68M |
|
|
RPLA
958
DELISTED
Replay Acquisition Corp. Ordinary Shares
RPLA
| $8.41M | 0.02% |
850,000
+278,554
| +49% | +$2.78M |
|
959
Protolabs
PRLB
$1.79B
| $8.4M | 0.02% |
110,395
-21,219
| -16% | -$1.97M |
|
960
CALL
Zimmer Biomet
ZBH
$18.2B
| $8.39M | 0.02% |
85,490
-80,546
| -49% | -$10.6M |
|
|
ACTTW
961
CALL
DELISTED
Act II Global Acquisition Corp Warrant
ACTTW
| $8.39M | 0.02% |
850,000
+750,000
| +750% | +$907K |
|
962
Katapult Holdings
KPLT
$30.4M
| $8.32M | 0.02% |
+34,566
| New | +$8.47M |
|
|
CXP
963
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $8.32M | 0.02% |
665,583
+37,166
| +6% | +$697K |
|
964
Ovintiv
OVV
$17.3B
| $8.3M | 0.02% |
3,075,279
+3,067,559
| +39,735% | +$40.3M |
|
965
Moog Inc Class A
MOG.A
$12.4B
| $8.3M | 0.02% |
164,229
+151,127
| +1,153% | +$11.7M |
|
|
VRAY
966
DELISTED
ViewRay, Inc.
VRAY
| $8.27M | 0.02% |
3,307,653
-455,974
| -12% | -$1.29M |
|
|
PARA
967
CALL
DELISTED
Paramount Global Class B
PARA
| $8.27M | 0.02% |
590,000
+477,900
| +426% | +$13.7M |
|
968
Repay Holdings
RPAY
$331M
| $8.26M | 0.02% |
575,812
+25,009
| +5% | +$410K |
|
|
CXO
969
DELISTED
CONCHO RESOURCES INC.
CXO
| $8.23M | 0.02% |
192,188
-508,742
| -73% | -$35.4M |
|
970
Duke Energy
DUK
$97.8B
| $8.23M | 0.02% |
101,737
-571,390
| -85% | -$52.5M |
|
971
PUT
Autodesk
ADSK
$49.5B
| $8.23M | 0.02% |
52,700
-113,300
| -68% | -$20.8M |
|
|
WCC
972
WESCO International
WCC
$16.7B
| $8.22M | 0.02% |
359,851
-34,298
| -9% | -$1.46M |
|
973
America Movil
AMX
$76.1B
| $8.22M | 0.02% |
697,606
+27,731
| +4% | +$433K |
|
974
Bank of Montreal
BMO
$126B
| $8.22M | 0.02% |
163,497
-3,212
| -2% | -$218K |
|
975
Las Vegas Sands
LVS
$31.7B
| $8.2M | 0.02% |
+193,129
| New | +$11.7M |
|
Similar funds
Millennium Management's Q1 2020 Portfolio in Review
As of Q1 2020, Millennium Management held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management withdrew a net $21.4B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, up from 9.7% a quarter earlier, followed by Technology and Financials.
Against the trend, Millennium Management opened a new position in Danaher worth $133M.
- Millennium Management's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Millennium Management added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Millennium Management's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Millennium Management fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Millennium Management's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Millennium Management opened 789 new positions and closed 1,154 in Q1 2020.
- Millennium Management's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.