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 | |
|---|---|---|---|---|---|---|
1126
SLR Investment Corp
SLRC
$686M
| $6.45M | 0.01% |
554,451
+281,719
| +103% | +$5.13M |
|
1127
Accel Entertainment
ACEL
$978M
| $6.43M | 0.01% |
857,801
+731,705
| +580% | +$8.07M |
|
1128
PUT
Qualcomm
QCOM
$155B
| $6.41M | 0.01% |
94,800
-363,700
| -79% | -$29.8M |
|
1129
Nice
NICE
$5.79B
| $6.4M | 0.01% |
44,574
-12,269
| -22% | -$1.98M |
|
1130
Aecom
ACM
$9.3B
| $6.38M | 0.01% |
213,590
-585,542
| -73% | -$25M |
|
1131
Hilltop Holdings
HTH
$2.26B
| $6.38M | 0.01% |
421,686
+290,925
| +222% | +$6.16M |
|
1132
Canadian Imperial Bank of Commerce
CM
$108B
| $6.36M | 0.01% |
219,296
-136,738
| -38% | -$5.09M |
|
|
TSG
1133
DELISTED
The Stars Group Inc.
TSG
| $6.33M | 0.01% |
310,129
-270,156
| -47% | -$6.08M |
|
1134
Synopsys
SNPS
$74.4B
| $6.32M | 0.01% |
49,074
-454,570
| -90% | -$64.7M |
|
|
BERY
1135
DELISTED
Berry Global Group, Inc.
BERY
| $6.32M | 0.01% |
204,119
-339,975
| -62% | -$12.5M |
|
1136
Hercules Capital
HTGC
$3.07B
| $6.31M | 0.01% |
826,265
+21,553
| +3% | +$281K |
|
1137
Dorman Products
DORM
$3.98B
| $6.31M | 0.01% |
114,143
+45,612
| +67% | +$3.1M |
|
1138
Arrow Electronics
ARW
$11.1B
| $6.3M | 0.01% |
121,553
-140,946
| -54% | -$10M |
|
1139
Arcus Biosciences
RCUS
$3.55B
| $6.3M | 0.01% |
453,688
+302,739
| +201% | +$3.77M |
|
1140
Sherwin-Williams
SHW
$82.7B
| $6.3M | 0.01% |
41,112
-198,126
| -83% | -$35.7M |
|
|
FBC
1141
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $6.28M | 0.01% |
316,571
-167,270
| -35% | -$5.41M |
|
|
TTCF
1142
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $6.28M | 0.01% |
610,005
| – | – |
|
1143
Lamar Advertising Co
LAMR
$16.2B
| $6.27M | 0.01% |
122,231
+119,263
| +4,018% | +$9.61M |
|
1144
Universal Health Services
UHS
$10.2B
| $6.26M | 0.01% |
63,201
-139,363
| -69% | -$17.6M |
|
|
VAR
1145
DELISTED
Varian Medical Systems, Inc.
VAR
| $6.26M | 0.01% |
60,992
-260,022
| -81% | -$34.3M |
|
1146
Castle Biosciences
CSTL
$855M
| $6.24M | 0.01% |
+209,449
| New | +$6.32M |
|
1147
Korn Ferry
KFY
$4.18B
| $6.24M | 0.01% |
256,502
+90,460
| +54% | +$3.33M |
|
|
MAXR
1148
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $6.23M | 0.01% |
583,693
+329,928
| +130% | +$5.16M |
|
1149
PagSeguro Digital
PAGS
$2.69B
| $6.22M | 0.01% |
321,938
-226,319
| -41% | -$6.87M |
|
|
AIMT
1150
DELISTED
Aimmune Therapeutics
AIMT
| $6.22M | 0.01% |
+431,241
| New | +$11M |
|
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.