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 | |
|---|---|---|---|---|---|---|
1651
HCI Group
HCI
$2.26B
| $3.21M | 0.01% |
79,883
+9,784
| +14% | +$422K |
|
1652
CALL
Kroger
KR
$35.7B
| $3.21M | 0.01% |
106,600
+97,100
| +1,022% | +$2.85M |
|
|
CPRX
1653
DELISTED
Catalyst Pharmaceutical
CPRX
| $3.21M | 0.01% |
833,001
+801,306
| +2,528% | +$3.29M |
|
|
ADAM
1654
Adamas Trust
ADAM
$836M
| $3.21M | 0.01% |
517,213
+457,005
| +759% | +$9.62M |
|
1655
CALL
Encompass Health
EHC
$11.1B
| $3.2M | 0.01% |
+62,850
| New | +$3.62M |
|
1656
Independence Realty Trust
IRT
$3.95B
| $3.2M | 0.01% |
+357,940
| New | +$4.84M |
|
|
CPAAU
1657
DELISTED
Conyers Park II Acquisition Corp. Unit
CPAAU
| $3.2M | 0.01% |
300,000
-1,950,000
| -87% | -$21.6M |
|
|
MNRL
1658
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $3.2M | 0.01% |
386,795
+358,668
| +1,275% | +$5.42M |
|
1659
Virgin Galactic
SPCE
$357M
| $3.2M | 0.01% |
10,820
+6,873
| +174% | +$2.61M |
|
|
TWNK
1660
CALL
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $3.2M | 0.01% |
+300,000
| New | +$3.81M |
|
1661
Watts Water Technologies
WTS
$11.6B
| $3.2M | 0.01% |
37,772
-48,389
| -56% | -$4.63M |
|
|
MTEM
1662
DELISTED
Molecular Templates, Inc.
MTEM
| $3.2M | 0.01% |
16,037
+2,898
| +22% | +$634K |
|
1663
CALL
GE Aerospace
GE
$378B
| $3.19M | 0.01% |
84,027
-145,782
| -63% | -$7.77M |
|
1664
Kennametal
KMT
$2.64B
| $3.18M | 0.01% |
170,818
+155,101
| +987% | +$4.42M |
|
|
DAY
1665
DELISTED
Dayforce
DAY
| $3.18M | 0.01% |
63,501
+53,962
| +566% | +$3.57M |
|
1666
IAMGOLD
IAG
$8.38B
| $3.18M | 0.01% |
1,393,043
-1,040,938
| -43% | -$3.02M |
|
1667
ADT
ADT
$5.74B
| $3.17M | 0.01% |
+734,316
| New | +$4.44M |
|
|
NSA
1668
DELISTED
National Storage Affiliates Trust
NSA
| $3.16M | 0.01% |
106,671
+13,567
| +15% | +$450K |
|
|
EFOR
1669
Everforth Inc
EFOR
$1.25B
| $3.14M | 0.01% |
88,980
-129,479
| -59% | -$7.33M |
|
|
MRTX
1670
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $3.14M | 0.01% |
40,863
+34,121
| +506% | +$3.06M |
|
1671
Parker-Hannifin
PH
$124B
| $3.13M | 0.01% |
24,109
+2,617
| +12% | +$474K |
|
1672
Photronics
PLAB
$1.82B
| $3.13M | 0.01% |
304,762
+247,240
| +430% | +$3.23M |
|
1673
AnaptysBio
ANAB
$1.58B
| $3.13M | 0.01% |
221,237
-402,779
| -65% | -$6.11M |
|
1674
Pembina Pipeline
PBA
$28.1B
| $3.13M | 0.01% |
166,155
+87,865
| +112% | +$2.89M |
|
1675
Diageo
DEO
$49.4B
| $3.12M | 0.01% |
+24,519
| New | +$3.68M |
|
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.