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 | |
|---|---|---|---|---|---|---|
2176
PUT
Occidental Petroleum
OXY
$55.7B
| $3.54M | ﹤0.01% |
121,300
-34,100
| -22% | -$1.37M |
|
|
FM
2177
DELISTED
iShares Frontier and Select EM ETF
FM
| $3.54M | ﹤0.01% |
116,628
+4,595
| +4% | +$133K |
|
2178
Colliers International
CIGI
$5.17B
| $3.53M | ﹤0.01% |
45,287
+12,504
| +38% | +$901K |
|
2179
Universal Logistics Holdings
ULH
$388M
| $3.53M | ﹤0.01% |
185,969
+164,446
| +764% | +$3.43M |
|
|
EMWP
2180
DELISTED
Eros Media World PLC
EMWP
| $3.52M | ﹤0.01% |
+51,884
| New | +$2.42M |
|
|
AIMC
2181
DELISTED
Altra Industrial Motion Corp
AIMC
| $3.51M | ﹤0.01% |
96,855
-80,705
| -45% | -$2.56M |
|
2182
Vanguard Morningstar Mid-Cap ETF
VO
$106B
| $3.51M | ﹤0.01% |
+78,712
| New | +$3.38M |
|
|
ZEPP
2183
Zepp Health
ZEPP
$63.8M
| $3.51M | ﹤0.01% |
72,911
+56,758
| +351% | +$2.38M |
|
|
AZRE
2184
DELISTED
Azure Power Global Limited
AZRE
| $3.51M | ﹤0.01% |
278,684
-42,205
| -13% | -$534K |
|
|
ENV
2185
DELISTED
ENVESTNET, INC.
ENV
| $3.51M | ﹤0.01% |
50,355
-3,180
| -6% | -$207K |
|
2186
Littelfuse
LFUS
$10.4B
| $3.5M | ﹤0.01% |
18,317
-8,253
| -31% | -$1.51M |
|
|
DCPH
2187
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $3.5M | ﹤0.01% |
56,194
-2,641,505
| -98% | -$126M |
|
|
LGHL
2188
Lion Group Holding
LGHL
$997K
| $3.5M | ﹤0.01% |
+1
| New | +$2.92M |
|
2189
PUT
Xerox
XRX
$345M
| $3.49M | ﹤0.01% |
+94,700
| New | +$3.31M |
|
2190
SITE Centers
SITC
$236M
| $3.49M | ﹤0.01% |
319,096
+103,926
| +48% | +$1.18M |
|
|
HR
2191
DELISTED
Healthcare Realty Trust Incorporated
HR
| $3.47M | ﹤0.01% |
104,051
-419,962
| -80% | -$13.9M |
|
2192
Coherent
COHR
$43.4B
| $3.47M | ﹤0.01% |
102,974
-749,753
| -88% | -$23.9M |
|
2193
Haverty Furniture Companies
HVT
$418M
| $3.46M | ﹤0.01% |
171,445
+13,407
| +8% | +$271K |
|
|
ARYAU
2194
DELISTED
ARYA Sciences Acquisiton Corp. Unit
ARYAU
| $3.45M | ﹤0.01% |
300,000
| – | – |
|
2195
PUT
Icon
ICLR
$13.7B
| $3.44M | ﹤0.01% |
20,000
+10,000
| +100% | +$1.54M |
|
2196
First Trust Nasdaq Bank ETF
FTXO
$302M
| $3.44M | ﹤0.01% |
122,154
+17,716
| +17% | +$476K |
|
2197
Cemex
CX
$16.9B
| $3.44M | ﹤0.01% |
909,731
+833,626
| +1,095% | +$3.18M |
|
2198
CALL
Xencor
XNCR
$1.45B
| $3.44M | ﹤0.01% |
+100,000
| New | +$3.65M |
|
2199
Hilton Grand Vacations
HGV
$4.04B
| $3.43M | ﹤0.01% |
99,846
+14,202
| +17% | +$488K |
|
2200
Nuveen Floating Rate Income Fund
JFR
$1.23B
| $3.43M | ﹤0.01% |
+335,318
| New | +$3.22M |
|
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.