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 | |
|---|---|---|---|---|---|---|
|
PENG
1501
Penguin Solutions Inc
PENG
$2.47B
| $8.45M | 0.01% |
445,542
+189,260
| +74% | +$2.93M |
|
|
TSE
1502
DELISTED
Trinseo
TSE
| $8.43M | 0.01% |
+226,616
| New | +$9.21M |
|
|
MDP
1503
DELISTED
Meredith Corporation
MDP
| $8.39M | 0.01% |
258,432
-724,287
| -74% | -$25.8M |
|
1504
Manitowoc
MTW
$527M
| $8.38M | 0.01% |
478,639
+241,039
| +101% | +$3.51M |
|
1505
Johnson Outdoors
JOUT
$500M
| $8.36M | 0.01% |
109,031
-22,079
| -17% | -$1.44M |
|
1506
PUT
Baxter International
BAX
$12.6B
| $8.36M | 0.01% |
100,000
-10,000
| -9% | -$827K |
|
1507
Northern Oil and Gas
NOG
$2.16B
| $8.36M | 0.01% |
357,319
+92,022
| +35% | +$1.82M |
|
1508
CALL
Cardinal Health
CAH
$54.5B
| $8.35M | 0.01% |
165,000
+95,000
| +136% | +$4.91M |
|
|
DBD
1509
DELISTED
Diebold Nixdorf Incorporated
DBD
| $8.35M | 0.01% |
790,240
+474,669
| +150% | +$4.21M |
|
|
HT
1510
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $8.34M | 0.01% |
573,481
+297,340
| +108% | +$4.22M |
|
1511
CALL
iShares Silver Trust
SLV
$27.6B
| $8.34M | 0.01% |
500,000
-4,450,000
| -90% | -$72.1M |
|
1512
Prothena Corp
PRTA
$448M
| $8.33M | 0.01% |
526,269
-702,207
| -57% | -$7.53M |
|
1513
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.5B
| $8.32M | 0.01% |
+65,000
| New | +$8.28M |
|
|
FTCH
1514
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $8.32M | 0.01% |
803,476
+126,453
| +19% | +$1.14M |
|
1515
PUT
SLB Ltd
SLB
$74.2B
| $8.29M | 0.01% |
206,300
+6,300
| +3% | +$225K |
|
1516
Amneal Pharmaceuticals
AMRX
$5.99B
| $8.29M | 0.01% |
1,719,817
+971,365
| +130% | +$3.38M |
|
|
AMED
1517
DELISTED
Amedisys
AMED
| $8.28M | 0.01% |
49,620
+23,521
| +90% | +$3.5M |
|
1518
Bank of Hawaii
BOH
$3.16B
| $8.25M | 0.01% |
86,700
+27,245
| +46% | +$2.42M |
|
1519
ACI Worldwide
ACIW
$6.1B
| $8.24M | 0.01% |
+217,632
| New | +$7.41M |
|
1520
Viavi Solutions
VIAV
$8.66B
| $8.23M | 0.01% |
548,990
-652,666
| -54% | -$9.77M |
|
|
IPG
1521
DELISTED
Interpublic Group of Companies
IPG
| $8.23M | 0.01% |
356,377
-460,731
| -56% | -$10.1M |
|
|
ALLK
1522
CALL
DELISTED
Allakos
ALLK
| $8.23M | 0.01% |
+86,300
| New | +$7.59M |
|
1523
Yeti Holdings
YETI
$3.93B
| $8.23M | 0.01% |
236,644
+178,478
| +307% | +$5.62M |
|
1524
WesBanco
WSBC
$4.03B
| $8.22M | 0.01% |
217,615
+144,706
| +198% | +$5.4M |
|
1525
Howard Hughes
HHH
$4B
| $8.22M | 0.01% |
67,973
+65,140
| +2,299% | +$7.23M |
|
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.