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 | |
|---|---|---|---|---|---|---|
|
MNK
1326
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $10.4M | 0.01% |
2,984,170
+239,392
| +9% | +$747K |
|
1327
FIVE9
FIVN
$2.08B
| $10.4M | 0.01% |
158,686
-109,755
| -41% | -$6.72M |
|
|
CSGS
1328
DELISTED
CSG Systems International
CSGS
| $10.4M | 0.01% |
200,263
-47,800
| -19% | -$2.58M |
|
|
APXTU
1329
DELISTED
Apex Technology Acquisition Corporation Unit
APXTU
| $10.4M | 0.01% |
990,000
-10,000
| -1% | -$103K |
|
1330
JELD-WEN Holding
JELD
$98.2M
| $10.4M | 0.01% |
+442,265
| New | +$9.11M |
|
|
HMHC
1331
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $10.3M | 0.01% |
1,655,441
+1,331,363
| +411% | +$7.77M |
|
1332
Arvinas
ARVN
$529M
| $10.3M | 0.01% |
250,616
+229,858
| +1,107% | +$6.73M |
|
1333
CALL
AT&T
T
$169B
| $10.3M | 0.01% |
348,874
-39,455
| -10% | -$1.14M |
|
1334
Herc Holdings
HRI
$4.95B
| $10.3M | 0.01% |
209,761
+102,736
| +96% | +$4.79M |
|
1335
Commault Systems
CVLT
$4.97B
| $10.2M | 0.01% |
229,601
+86,946
| +61% | +$4.11M |
|
|
TDAY
1336
USA Today Co
TDAY
$1.27B
| $10.2M | 0.01% |
1,606,185
+775,319
| +93% | +$5.68M |
|
1337
RenaissanceRe
RNR
$13.9B
| $10.2M | 0.01% |
52,248
+48,276
| +1,215% | +$9.15M |
|
1338
Transocean
RIG
$5.52B
| $10.2M | 0.01% |
1,488,564
+296,769
| +25% | +$1.53M |
|
|
GTLS
1339
DELISTED
Chart Industries
GTLS
| $10.2M | 0.01% |
151,426
-577,012
| -79% | -$33.7M |
|
1340
Acadia Realty Trust
AKR
$2.96B
| $10.2M | 0.01% |
393,512
+358,816
| +1,034% | +$9.83M |
|
1341
WIX.com
WIX
$2.45B
| $10.2M | 0.01% |
83,270
-112,998
| -58% | -$13.8M |
|
1342
Keurig Dr Pepper
KDP
$42.3B
| $10.2M | 0.01% |
351,775
-684,156
| -66% | -$19.6M |
|
1343
CEMIG Preferred Shares
CIG
$6.21B
| $10.2M | 0.01% |
5,857,582
-1,074,688
| -16% | -$1.75M |
|
1344
Kirby Corp
KEX
$7.77B
| $10.2M | 0.01% |
113,381
-68,573
| -38% | -$5.68M |
|
1345
Evertec
EVTC
$1.94B
| $10.1M | 0.01% |
297,943
+134,725
| +83% | +$4.27M |
|
1346
AnaptysBio
ANAB
$1.54B
| $10.1M | 0.01% |
624,016
-409,522
| -40% | -$9.69M |
|
1347
Astronics
ATRO
$3.37B
| $10.1M | 0.01% |
+434,894
| New | +$10.7M |
|
1348
CACI
CACI
$11.3B
| $10.1M | 0.01% |
40,476
-142,311
| -78% | -$33.1M |
|
1349
Alamos Gold
AGI
$12.1B
| $10.1M | 0.01% |
1,680,732
+157,814
| +10% | +$862K |
|
1350
B2Gold
BTG
$5.12B
| $10.1M | 0.01% |
2,520,450
+1,213,360
| +93% | +$4.28M |
|
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.