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 | |
|---|---|---|---|---|---|---|
|
GSKY
2151
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $1.57M | ﹤0.01% |
410,867
+343,700
| +512% | +$2.55M |
|
|
STEL
2152
DELISTED
Stellar Bancorp
STEL
| $1.57M | ﹤0.01% |
88,276
-76,949
| -47% | -$2.01M |
|
|
MSC
2153
Studio City International Holdings
MSC
| $1.57M | ﹤0.01% |
77,584
| – | – |
|
2154
Argan
AGX
$8.39B
| $1.57M | ﹤0.01% |
45,312
-12,095
| -21% | -$502K |
|
2155
CRH
CRH
$65.5B
| $1.57M | ﹤0.01% |
+58,330
| New | +$2M |
|
|
PARA
2156
DELISTED
Paramount Global Class B
PARA
| $1.56M | ﹤0.01% |
111,425
-1,240,582
| -92% | -$35.6M |
|
2157
Astrana Health
ASTH
$1.74B
| $1.56M | ﹤0.01% |
120,618
-49,865
| -29% | -$814K |
|
2158
Realty Income
O
$58.6B
| $1.56M | ﹤0.01% |
32,225
-563,345
| -95% | -$39.2M |
|
2159
Brinker International
EAT
$9.66B
| $1.55M | ﹤0.01% |
129,360
+57,752
| +81% | +$1.94M |
|
2160
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.92B
| $1.55M | ﹤0.01% |
16,361
-227,871
| -93% | -$23.9M |
|
|
PBCT
2161
DELISTED
People's United Financial Inc
PBCT
| $1.55M | ﹤0.01% |
+140,283
| New | +$2.08M |
|
2162
Enpro
NPO
$6.9B
| $1.55M | ﹤0.01% |
39,144
-100,465
| -72% | -$5.54M |
|
2163
VanEck Junior Gold Miners ETF
GDXJ
$7.33B
| $1.55M | ﹤0.01% |
+55,077
| New | +$2.09M |
|
2164
PUT
Simon Property Group
SPG
$73B
| $1.55M | ﹤0.01% |
+28,200
| New | +$3.37M |
|
2165
CALL
Autodesk
ADSK
$49.6B
| $1.54M | ﹤0.01% |
+9,900
| New | +$1.82M |
|
|
BECN
2166
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $1.54M | ﹤0.01% |
93,015
-574,569
| -86% | -$16.7M |
|
2167
Universal Technical Institute
UTI
$2.32B
| $1.54M | ﹤0.01% |
258,343
+160,082
| +163% | +$1.13M |
|
2168
St. Joe Company
JOE
$3.66B
| $1.54M | ﹤0.01% |
+91,534
| New | +$1.82M |
|
|
PRTY
2169
DELISTED
Party City Holdco Inc.
PRTY
| $1.54M | ﹤0.01% |
3,350,912
+44,742
| +1% | +$91.9K |
|
2170
PUT
General Dynamics
GD
$103B
| $1.53M | ﹤0.01% |
+11,600
| New | +$1.93M |
|
|
RDFN
2171
DELISTED
Redfin
RDFN
| $1.52M | ﹤0.01% |
+98,744
| New | +$2.3M |
|
|
DFS
2172
PUT
DELISTED
Discover Financial Services
DFS
| $1.52M | ﹤0.01% |
+42,600
| New | +$2.82M |
|
|
BPYU
2173
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $1.52M | ﹤0.01% |
179,059
-410,478
| -70% | -$6.66M |
|
2174
Okta
OKTA
$25.5B
| $1.51M | ﹤0.01% |
12,381
-227,724
| -95% | -$28.6M |
|
|
ICAD
2175
DELISTED
iCAD Inc
ICAD
| $1.51M | ﹤0.01% |
205,965
+184,722
| +870% | +$1.8M |
|
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.