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 | |
|---|---|---|---|---|---|---|
|
RDUS
1026
DELISTED
Radius Recycling
RDUS
| $15M | 0.02% |
693,752
+669,138
| +2,719% | +$14.3M |
|
1027
Factset
FDS
$10B
| $15M | 0.02% |
56,057
+31,567
| +129% | +$8.11M |
|
1028
Atmos Energy
ATO
$30.3B
| $15M | 0.02% |
134,349
-205,957
| -61% | -$22.6M |
|
1029
Healthpeak Properties
DOC
$15.8B
| $15M | 0.02% |
435,688
-638,606
| -59% | -$22.3M |
|
|
RDS.B
1030
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $15M | 0.02% |
+250,368
| New | +$14.7M |
|
|
GRMN
1031
Garmin
GRMN
$48.9B
| $15M | 0.02% |
153,630
+100,608
| +190% | +$9.38M |
|
|
WBA
1032
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $15M | 0.02% |
254,200
+139,400
| +121% | +$8.03M |
|
1033
FormFactor
FORM
$6.83B
| $15M | 0.02% |
577,049
+556,611
| +2,723% | +$12.6M |
|
1034
National Health Investors
NHI
$3.85B
| $15M | 0.02% |
183,772
-169,543
| -48% | -$13.9M |
|
1035
Maximus
MMS
$3.29B
| $15M | 0.02% |
201,009
+186,109
| +1,249% | +$14M |
|
1036
Kodiak Sciences
KOD
$2.45B
| $14.9M | 0.02% |
+206,788
| New | +$7.52M |
|
1037
Infosys
INFY
$49.6B
| $14.9M | 0.02% |
1,441,425
+701,458
| +95% | +$7.06M |
|
1038
Grand Canyon Education
LOPE
$4B
| $14.9M | 0.02% |
155,085
+114,281
| +280% | +$10.5M |
|
1039
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.9B
| $14.9M | 0.02% |
236,818
-76,736
| -24% | -$4.67M |
|
1040
Central Pacific Financial
CPF
$1.03B
| $14.8M | 0.02% |
501,415
+69,456
| +16% | +$2.03M |
|
|
CCXI
1041
DELISTED
ChemoCentryx, Inc.
CCXI
| $14.8M | 0.02% |
374,984
-49,175
| -12% | -$863K |
|
1042
Canadian Imperial Bank of Commerce
CM
$109B
| $14.8M | 0.02% |
356,034
+149,904
| +73% | +$6.34M |
|
1043
Arthur J. Gallagher & Co
AJG
$67.3B
| $14.8M | 0.02% |
155,517
-98,893
| -39% | -$9.06M |
|
1044
CALL
Bio-Rad Laboratories Class A
BIO
$8.77B
| $14.8M | 0.02% |
+40,000
| New | +$14.1M |
|
1045
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $14.8M | 0.02% |
51,899
-25,831
| -33% | -$7.12M |
|
1046
SI-BONE Inc
SIBN
$797M
| $14.8M | 0.02% |
687,123
+530,917
| +340% | +$9.53M |
|
1047
Entegris
ENTG
$18B
| $14.7M | 0.02% |
294,439
-413,032
| -58% | -$19.9M |
|
1048
Evolent Health
EVH
$415M
| $14.7M | 0.02% |
1,629,190
+775,848
| +91% | +$6.3M |
|
1049
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $14.7M | 0.02% |
145,079
+68,899
| +90% | +$7M |
|
|
DEACU
1050
DELISTED
Diamond Eagle Acquisition Corp. Unit
DEACU
| $14.7M | 0.02% |
1,250,000
| – | – |
|
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.