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 | |
|---|---|---|---|---|---|---|
|
CTB
1176
DELISTED
Cooper Tire & Rubber Co.
CTB
| $12.6M | 0.02% |
439,561
+15,409
| +4% | +$435K |
|
1177
PUT
Take-Two Interactive
TTWO
$46B
| $12.6M | 0.02% |
103,000
-110,400
| -52% | -$13.4M |
|
|
PS
1178
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $12.6M | 0.02% |
731,156
+641,105
| +712% | +$10.9M |
|
|
RSX
1179
CALL
DELISTED
VanEck Russia ETF
RSX
| $12.6M | 0.02% |
503,500
+29,100
| +6% | +$705K |
|
1180
Watsco Inc
WSO
$15.1B
| $12.6M | 0.02% |
69,735
-39,986
| -36% | -$7.03M |
|
1181
iShares 20+ Year Treasury Bond ETF
TLT
$43.1B
| $12.6M | 0.02% |
92,686
-257,376
| -74% | -$35.8M |
|
1182
Banc of California
BANC
$3.27B
| $12.6M | 0.02% |
730,713
+558,261
| +324% | +$8.44M |
|
1183
Hecla Mining
HL
$9.76B
| $12.5M | 0.02% |
3,694,903
+2,041,510
| +123% | +$5.01M |
|
|
CIT
1184
DELISTED
CIT Group Inc.
CIT
| $12.5M | 0.02% |
274,322
+260,573
| +1,895% | +$11.7M |
|
|
CHNG
1185
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $12.5M | 0.02% |
763,238
-1,618,721
| -68% | -$21.7M |
|
|
DM
1186
DELISTED
Desktop Metal, Inc.
DM
| $12.5M | 0.02% |
125,037
+75,037
| +150% | +$7.43M |
|
1187
Manhattan Associates
MANH
$9.95B
| $12.5M | 0.02% |
156,178
-139,035
| -47% | -$11.1M |
|
1188
Crane NXT
CXT
$3.14B
| $12.4M | 0.02% |
413,825
+339,907
| +460% | +$9.68M |
|
1189
Quanterix
QTRX
$164M
| $12.4M | 0.02% |
523,714
+45,601
| +10% | +$1.04M |
|
1190
Vanguard Total Stock Market ETF
VTI
$656B
| $12.4M | 0.02% |
75,563
+68,263
| +935% | +$10.7M |
|
|
ATVI
1191
PUT
DELISTED
Activision Blizzard
ATVI
| $12.3M | 0.02% |
207,600
+100,000
| +93% | +$5.54M |
|
|
AMJ
1192
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $12.3M | 0.02% |
+565,245
| New | +$12.2M |
|
1193
APA Corp
APA
$12.3B
| $12.3M | 0.02% |
+481,721
| New | +$10.9M |
|
1194
Woodward
WWD
$24.5B
| $12.3M | 0.02% |
104,080
-346,687
| -77% | -$39.1M |
|
1195
e.l.f. Beauty
ELF
$4.96B
| $12.3M | 0.02% |
762,717
-224,965
| -23% | -$3.74M |
|
|
DPHCU
1196
DELISTED
DiamondPeak Holdings Corp. Units
DPHCU
| $12.3M | 0.02% |
1,200,000
| – | – |
|
|
MSGN
1197
DELISTED
MSG Networks Inc.
MSGN
| $12.3M | 0.02% |
706,586
-945,874
| -57% | -$15.7M |
|
1198
CareTrust REIT
CTRE
$10.1B
| $12.3M | 0.02% |
595,546
-816,573
| -58% | -$17.9M |
|
1199
ITT
ITT
$17.8B
| $12.3M | 0.02% |
165,930
-59,835
| -27% | -$3.98M |
|
1200
Nordson
NDSN
$16.9B
| $12.3M | 0.02% |
75,231
+12,157
| +19% | +$1.92M |
|
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.