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 | |
|---|---|---|---|---|---|---|
|
DQ
1701
Daqo New Energy
DQ
$819M
| $6.4M | 0.01% |
624,665
+83,760
| +15% | +$712K |
|
|
DOYU
1702
DouYu International Holdings
DOYU
$140M
| $6.38M | 0.01% |
75,362
+12,117
| +19% | +$941K |
|
1703
Enova International
ENVA
$6.1B
| $6.38M | 0.01% |
265,208
-20,338
| -7% | -$458K |
|
1704
CareDx
CDNA
$1.85B
| $6.38M | 0.01% |
295,744
+157,491
| +114% | +$3.61M |
|
1705
Alcoa
AA
$11.4B
| $6.37M | 0.01% |
295,979
-326,771
| -52% | -$6.76M |
|
1706
Amalgamated Financial
AMAL
$1.48B
| $6.36M | 0.01% |
327,121
+146,467
| +81% | +$2.7M |
|
1707
Cadence Design Systems
CDNS
$94.2B
| $6.36M | 0.01% |
91,624
-801,340
| -90% | -$53.7M |
|
1708
John B. Sanfilippo & Son
JBSS
$986M
| $6.36M | 0.01% |
69,620
+39,053
| +128% | +$3.79M |
|
|
SEI
1709
Solaris Energy Infrastructure
SEI
$2.71B
| $6.35M | 0.01% |
453,358
-479,439
| -51% | -$5.76M |
|
|
LN
1710
DELISTED
LINE Corporation
LN
| $6.35M | 0.01% |
129,502
+112,746
| +673% | +$4.82M |
|
|
ACR
1711
ACRES Commercial Realty
ACR
$133M
| $6.34M | 0.01% |
179,094
+46,368
| +35% | +$1.63M |
|
1712
PUT
iQIYI
IQ
$1.21B
| $6.33M | 0.01% |
300,000
| – | – |
|
1713
Autohome
ATHM
$2.61B
| $6.33M | 0.01% |
79,077
+68,322
| +635% | +$5.32M |
|
|
HTLF
1714
DELISTED
Heartland Financial USA, Inc.
HTLF
| $6.31M | 0.01% |
126,911
-24,172
| -16% | -$1.14M |
|
1715
Universal Electronics
UEIC
$58.5M
| $6.3M | 0.01% |
120,641
+15,561
| +15% | +$834K |
|
1716
PUT
Vanguard Real Estate ETF
VNQ
$39.9B
| $6.3M | 0.01% |
+67,900
| New | +$6.29M |
|
1717
Coca-Cola Femsa
KOF
$22.6B
| $6.29M | 0.01% |
103,740
-68,294
| -40% | -$4.02M |
|
|
TACO
1718
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $6.28M | 0.01% |
794,618
+771,854
| +3,391% | +$6.26M |
|
1719
Cavco Industries
CVCO
$4.41B
| $6.26M | 0.01% |
32,047
+15,859
| +98% | +$3.11M |
|
1720
Gold Fields
GFI
$28.6B
| $6.26M | 0.01% |
948,619
-11,197,847
| -92% | -$63.5M |
|
1721
EverQuote
EVER
$965M
| $6.26M | 0.01% |
182,121
+165,170
| +974% | +$4.6M |
|
|
TTCF
1722
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $6.23M | 0.01% |
610,005
+500,000
| +455% | +$5.09M |
|
|
SCPE.U
1723
DELISTED
SC Health Corporation Units, each consisting of one Class A ordinary share, $0.0001 par value, and o
SCPE.U
| $6.22M | 0.01% |
600,000
| – | – |
|
|
ATCX
1724
DELISTED
Atlas Technical Consultants, Inc. Class A Common Stock
ATCX
| $6.17M | 0.01% |
607,614
+100,000
| +20% | +$1.01M |
|
1725
Ventas
VTR
$47.5B
| $6.16M | 0.01% |
+106,690
| New | +$6.7M |
|
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.