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 | |
|---|---|---|---|---|---|---|
1801
La-Z-Boy
LZB
$1.64B
| $5.72M | 0.01% |
181,733
+135,153
| +290% | +$4.53M |
|
1802
National Fuel Gas
NFG
$7.69B
| $5.72M | 0.01% |
122,915
-119,321
| -49% | -$5.44M |
|
|
WIRE
1803
DELISTED
Encore Wire Corp
WIRE
| $5.72M | 0.01% |
99,632
+69,084
| +226% | +$3.97M |
|
1804
Roper Technologies
ROP
$40.4B
| $5.72M | 0.01% |
16,140
-223,573
| -93% | -$77.2M |
|
1805
CALL
Vulcan Materials
VMC
$36.8B
| $5.72M | 0.01% |
39,700
-200
| -0.5% | -$28.6K |
|
|
WOW
1806
DELISTED
WideOpenWest
WOW
| $5.68M | 0.01% |
765,484
-149,347
| -16% | -$946K |
|
1807
Corcept Therapeutics
CORT
$9.98B
| $5.67M | 0.01% |
468,699
-244,817
| -34% | -$3.41M |
|
1808
United Parks & Resorts
PRKS
$2.19B
| $5.66M | 0.01% |
178,323
+144,400
| +426% | +$4.17M |
|
1809
Ball Corp
BALL
$17.5B
| $5.63M | 0.01% |
87,110
+52,683
| +153% | +$3.57M |
|
1810
PUT
Regeneron Pharmaceuticals
REGN
$72.9B
| $5.63M | 0.01% |
+15,000
| New | +$5.05M |
|
1811
Expeditors International
EXPD
$22.3B
| $5.63M | 0.01% |
72,136
-103,750
| -59% | -$7.77M |
|
1812
SLR Investment Corp
SLRC
$704M
| $5.62M | 0.01% |
272,732
+253,181
| +1,295% | +$5.2M |
|
1813
First Commonwealth Financial
FCF
$2.22B
| $5.62M | 0.01% |
387,165
+295,187
| +321% | +$4.14M |
|
|
VSLR
1814
DELISTED
VIVINT SOLAR, INC.
VSLR
| $5.62M | 0.01% |
773,400
-545,074
| -41% | -$3.84M |
|
|
MYOV
1815
DELISTED
Myovant Sciences Ltd.
MYOV
| $5.61M | 0.01% |
361,591
+313,588
| +653% | +$3.16M |
|
1816
Franklin Covey
FC
$239M
| $5.61M | 0.01% |
174,029
+105,823
| +155% | +$3.84M |
|
1817
Oceaneering
OII
$4.64B
| $5.61M | 0.01% |
376,202
-467,187
| -55% | -$6.5M |
|
|
JOYY
1818
JOYY Inc
JOYY
$3.73B
| $5.6M | 0.01% |
106,164
-60,325
| -36% | -$3.55M |
|
1819
PUT
Ross Stores
ROST
$80.8B
| $5.6M | 0.01% |
48,100
-2,000
| -4% | -$225K |
|
1820
MongoDB
MDB
$25.8B
| $5.56M | 0.01% |
+42,244
| New | +$5.55M |
|
1821
First Citizens BancShares
FCNCA
$24.7B
| $5.56M | 0.01% |
10,445
+8,896
| +574% | +$4.5M |
|
1822
DNOW Inc
DNOW
$2.44B
| $5.56M | 0.01% |
494,386
+472,739
| +2,184% | +$5.27M |
|
|
VISN
1823
Vistance Networks Inc
VISN
$2.61B
| $5.55M | 0.01% |
390,961
+200,030
| +105% | +$2.59M |
|
1824
Nuveen Credit Strategies Income Fund
JQC
$705M
| $5.53M | 0.01% |
720,532
+687,822
| +2,103% | +$5.11M |
|
1825
Sempra
SRE
$58.1B
| $5.52M | 0.01% |
+72,916
| New | +$5.35M |
|
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.