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 | |
|---|---|---|---|---|---|---|
|
TWO
2151
Two Harbors Investment
TWO
$1.27B
| $3.63M | ﹤0.01% |
62,160
-56,884
| -48% | -$3.22M |
|
2152
Zurn Elkay Water Solutions
ZWS
$8.55B
| $3.63M | ﹤0.01% |
+231,156
| New | +$3.32M |
|
|
SYRS
2153
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $3.63M | ﹤0.01% |
52,559
+50,681
| +2,699% | +$3.07M |
|
2154
UBS Group
UBS
$170B
| $3.63M | ﹤0.01% |
288,276
+247,824
| +613% | +$2.95M |
|
|
HMLP
2155
DELISTED
HOEGH LNG PARTNERS LP
HMLP
| $3.63M | ﹤0.01% |
232,078
+114,148
| +97% | +$1.77M |
|
2156
MYR Group
MYRG
$5.01B
| $3.62M | ﹤0.01% |
111,133
+77,819
| +234% | +$2.57M |
|
|
AMRN
2157
CALL
Amarin Corp
AMRN
$297M
| $3.62M | ﹤0.01% |
8,435
-22,815
| -73% | -$8.66M |
|
2158
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $3.62M | ﹤0.01% |
59,443
+31,068
| +109% | +$1.89M |
|
|
LBAI
2159
DELISTED
Lakeland Bancorp Inc
LBAI
| $3.62M | ﹤0.01% |
208,082
-109,493
| -34% | -$1.8M |
|
|
SAGE
2160
PUT
DELISTED
Sage Therapeutics
SAGE
| $3.61M | ﹤0.01% |
+50,000
| New | +$6.15M |
|
|
GLDD
2161
DELISTED
Great Lakes Dredge & Dock
GLDD
| $3.6M | ﹤0.01% |
317,834
-65,754
| -17% | -$702K |
|
|
AMK
2162
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $3.6M | ﹤0.01% |
124,047
-44,419
| -26% | -$1.16M |
|
|
SEE
2163
CALL
DELISTED
Sealed Air
SEE
| $3.58M | ﹤0.01% |
+90,000
| New | +$3.56M |
|
2164
Whirlpool
WHR
$2.49B
| $3.58M | ﹤0.01% |
24,261
-28,815
| -54% | -$4.35M |
|
2165
Aflac
AFL
$65.5B
| $3.57M | ﹤0.01% |
67,527
-1,011
| -1% | -$53.7K |
|
|
EFR
2166
Eaton Vance Senior Floating-Rate Fund
EFR
$314M
| $3.57M | ﹤0.01% |
+263,583
| New | +$3.44M |
|
2167
Dover
DOV
$26.7B
| $3.57M | ﹤0.01% |
30,954
-612,472
| -95% | -$65.6M |
|
|
GTY
2168
Getty Realty Corp
GTY
$2.16B
| $3.57M | ﹤0.01% |
108,544
+97,050
| +844% | +$3.19M |
|
2169
PUT
lululemon athletica
LULU
$13.5B
| $3.57M | ﹤0.01% |
15,400
| – | – |
|
2170
Five Point Holdings
FPH
$387M
| $3.56M | ﹤0.01% |
511,630
+190,870
| +60% | +$1.3M |
|
2171
Alector
ALEC
$169M
| $3.56M | ﹤0.01% |
206,352
-115,319
| -36% | -$1.96M |
|
2172
CALL
Advanced Micro Devices
AMD
$700B
| $3.55M | ﹤0.01% |
+77,500
| New | +$2.85M |
|
2173
Hyliion Holdings
HYLN
$578M
| $3.55M | ﹤0.01% |
+355,404
| New | +$3.52M |
|
2174
Lennox International
LII
$15B
| $3.55M | ﹤0.01% |
14,537
-56,169
| -79% | -$13.9M |
|
2175
PUT
Roper Technologies
ROP
$40.4B
| $3.54M | ﹤0.01% |
+10,000
| New | +$3.45M |
|
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.