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 | |
|---|---|---|---|---|---|---|
1576
Mercury Insurance
MCY
$6.07B
| $7.71M | 0.01% |
158,226
-16,408
| -9% | -$825K |
|
|
ID
1577
DELISTED
PARTS iD, Inc.
ID
| $7.7M | 0.01% |
+749,992
| New | +$7.69M |
|
1578
CALL
HCA Healthcare
HCA
$92.8B
| $7.7M | 0.01% |
+52,100
| New | +$7M |
|
|
WMGI
1579
PUT
DELISTED
Wright Medical Group Inc
WMGI
| $7.69M | 0.01% |
+252,200
| New | +$6.6M |
|
1580
ScottsMiracle-Gro
SMG
$4.25B
| $7.68M | 0.01% |
72,308
+39,266
| +119% | +$4.02M |
|
1581
Penumbra
PEN
$12.6B
| $7.68M | 0.01% |
46,725
+37,552
| +409% | +$5.97M |
|
|
ALGR
1582
DELISTED
Allegro Merger Corp
ALGR
| $7.67M | 0.01% |
750,000
+250,000
| +50% | +$2.55M |
|
|
ZEN
1583
CALL
DELISTED
ZENDESK INC
ZEN
| $7.66M | 0.01% |
+100,000
| New | +$7.32M |
|
|
STL
1584
DELISTED
Sterling Bancorp
STL
| $7.65M | 0.01% |
362,724
+38,926
| +12% | +$794K |
|
1585
PUT
Cognizant
CTSH
$23.8B
| $7.64M | 0.01% |
123,200
+21,800
| +21% | +$1.35M |
|
1586
Pampa Energía
PAM
$4.56B
| $7.63M | 0.01% |
464,302
+450,297
| +3,215% | +$6.83M |
|
|
PPL
1587
PPL Corp
PPL
$27.3B
| $7.6M | 0.01% |
211,768
+149,158
| +238% | +$5M |
|
1588
Vulcan Materials
VMC
$37.4B
| $7.6M | 0.01% |
52,762
-289,516
| -85% | -$41.4M |
|
|
ADN
1589
DELISTED
Advent Technologies
ADN
| $7.59M | 0.01% |
25,000
+8,333
| +50% | +$2.52M |
|
1590
Eldorado Gold
EGO
$8.4B
| $7.58M | 0.01% |
943,944
-30,940
| -3% | -$240K |
|
1591
J.M. Smucker
SJM
$13.2B
| $7.56M | 0.01% |
72,585
+50,599
| +230% | +$5.36M |
|
1592
Molina Healthcare
MOH
$10.5B
| $7.55M | 0.01% |
55,645
+6,061
| +12% | +$763K |
|
1593
First Trust Enhanced Short Maturity ETF
FTSM
$6.51B
| $7.54M | 0.01% |
125,526
+73,188
| +140% | +$4.4M |
|
1594
Pinduoduo
PDD
$122B
| $7.52M | 0.01% |
198,896
-320,995
| -62% | -$12M |
|
1595
CALL
Cheniere Energy
LNG
$52.8B
| $7.51M | 0.01% |
+123,000
| New | +$7.57M |
|
|
ISEE
1596
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $7.5M | 0.01% |
+873,867
| New | +$3.12M |
|
1597
Nu Skin
NUS
$255M
| $7.47M | 0.01% |
182,289
-166,880
| -48% | -$6.81M |
|
|
VCRA
1598
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $7.47M | 0.01% |
359,620
+343,694
| +2,158% | +$7.54M |
|
1599
PUT
Eaton
ETN
$150B
| $7.42M | 0.01% |
78,300
+34,900
| +80% | +$3.1M |
|
1600
NewMarket
NEU
$7.2B
| $7.42M | 0.01% |
15,242
-17,150
| -53% | -$8.25M |
|
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.