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 | |
|---|---|---|---|---|---|---|
|
AUTL
1351
Autolus Therapeutics
AUTL
$397M
| $4.69M | 0.01% |
783,164
+106,683
| +16% | +$986K |
|
1352
CALL
HCA Healthcare
HCA
$87.2B
| $4.68M | 0.01% |
52,100
| – | – |
|
1353
Tetra Tech
TTEK
$8.49B
| $4.67M | 0.01% |
+330,395
| New | +$5.63M |
|
|
NXGN
1354
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $4.66M | 0.01% |
+446,632
| New | +$5.76M |
|
|
EPZM
1355
DELISTED
Epizyme, Inc
EPZM
| $4.66M | 0.01% |
300,646
+288,037
| +2,284% | +$6.19M |
|
|
ISEE
1356
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $4.64M | 0.01% |
1,348,500
+474,633
| +54% | +$2.77M |
|
|
MZTI
1357
The Marzetti Company
MZTI
$2.93B
| $4.63M | 0.01% |
+31,976
| New | +$4.85M |
|
1358
Radian Group
RDN
$5.18B
| $4.62M | 0.01% |
356,565
+164,677
| +86% | +$3.6M |
|
1359
PUT
Oneok
OKE
$57.2B
| $4.61M | 0.01% |
211,500
-800
| -0.4% | -$48.8K |
|
1360
Schneider National
SNDR
$6.26B
| $4.61M | 0.01% |
238,487
-838,793
| -78% | -$17.4M |
|
1361
Criteo S.A. Ordinary Shares
CRTO
$1.1B
| $4.6M | 0.01% |
578,534
+326,061
| +129% | +$4.16M |
|
1362
Minerva Neurosciences
NERV
$185M
| $4.6M | 0.01% |
95,443
-6,734
| -7% | -$406K |
|
1363
AudioCodes
AUDC
$244M
| $4.6M | 0.01% |
192,378
+138,359
| +256% | +$3.21M |
|
|
GLOG
1364
DELISTED
GASLOG LTD
GLOG
| $4.59M | 0.01% |
1,267,167
+951,155
| +301% | +$5.8M |
|
|
SBNY
1365
DELISTED
Signature Bank
SBNY
| $4.58M | 0.01% |
57,029
+50,654
| +795% | +$6.36M |
|
1366
TripAdvisor
TRIP
$1.65B
| $4.58M | 0.01% |
263,514
+210,039
| +393% | +$5.32M |
|
1367
FTI Consulting
FCN
$4.4B
| $4.58M | 0.01% |
38,255
-21,656
| -36% | -$2.55M |
|
|
CPAAW
1368
CALL
DELISTED
Conyers Park II Acquisition Corp. Warrant
CPAAW
| $4.58M | 0.01% |
+462,500
| New | +$858K |
|
1369
Brink's
BCO
$4.88B
| $4.57M | 0.01% |
87,762
+75,877
| +638% | +$5.93M |
|
1370
Interparfums
IPAR
$3.99B
| $4.55M | 0.01% |
98,252
+29,242
| +42% | +$1.83M |
|
|
RAVN
1371
DELISTED
Raven Industries Inc
RAVN
| $4.55M | 0.01% |
214,166
-71,282
| -25% | -$2.09M |
|
1372
State Street Energy Select Sector SPDR ETF
XLE
$39.6B
| $4.55M | 0.01% |
312,888
-263,596
| -46% | -$6.25M |
|
1373
Jazz Pharmaceuticals
JAZZ
$15.9B
| $4.53M | 0.01% |
45,433
-332
| -0.7% | -$42.9K |
|
|
DCOM
1374
DELISTED
Dime Community Bancshares
DCOM
| $4.53M | 0.01% |
330,281
-16,387
| -5% | -$291K |
|
1375
MillerKnoll
MLKN
$1.53B
| $4.53M | 0.01% |
203,902
+196,594
| +2,690% | +$6.8M |
|
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.