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 | |
|---|---|---|---|---|---|---|
2426
Pathward Financial
CASH
$1.88B
| $2.57M | ﹤0.01% |
70,437
+5,034
| +8% | +$171K |
|
2427
Accuray
ARAY
$27.5M
| $2.57M | ﹤0.01% |
911,312
+207,797
| +30% | +$577K |
|
2428
Colgate-Palmolive
CL
$74.8B
| $2.57M | ﹤0.01% |
37,339
-152,416
| -80% | -$10.4M |
|
|
SPTN
2429
DELISTED
SpartanNash
SPTN
| $2.57M | ﹤0.01% |
180,431
-363,376
| -67% | -$4.8M |
|
2430
Under Armour Class C
UA
$2.95B
| $2.57M | ﹤0.01% |
133,819
+111,071
| +488% | +$1.95M |
|
|
BMTX
2431
DELISTED
BM Technologies, Inc.
BMTX
| $2.56M | ﹤0.01% |
+250,000
| New | +$2.55M |
|
|
KLR.WS
2432
CALL
DELISTED
Kaleyra, Inc. Warrants, each whole Warrant exercisable for one share of Common Stock at an exercise price of $40.25 per share
KLR.WS
| $2.55M | ﹤0.01% |
+300,000
| New | +$270K |
|
|
SPN
2433
DELISTED
Superior Energy Services, Inc.
SPN
| $2.53M | ﹤0.01% |
+505,417
| New | +$2.51M |
|
2434
Vanguard S&P 500 ETF
VOO
$956B
| $2.52M | ﹤0.01% |
+8,527
| New | +$2.41M |
|
2435
LXP Industrial Trust
LXP
$3.52B
| $2.52M | ﹤0.01% |
+47,440
| New | +$2.54M |
|
|
TRUE
2436
DELISTED
TrueCar
TRUE
| $2.52M | ﹤0.01% |
529,748
-1,370,658
| -72% | -$5.72M |
|
2437
CALL
Yum! Brands
YUM
$41.9B
| $2.51M | ﹤0.01% |
24,900
-500
| -2% | -$51.8K |
|
|
CCMP
2438
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $2.5M | ﹤0.01% |
17,354
+14,873
| +599% | +$2.11M |
|
|
OMN
2439
DELISTED
OMNOVA Solutions Inc.
OMN
| $2.49M | ﹤0.01% |
246,453
+154,570
| +168% | +$1.56M |
|
|
GES
2440
DELISTED
Guess Inc
GES
| $2.49M | ﹤0.01% |
111,236
-129,766
| -54% | -$2.42M |
|
2441
CALL
Alerian MLP ETF
AMLP
$12.9B
| $2.48M | ﹤0.01% |
+58,340
| New | +$2.45M |
|
2442
Kforce
KFRC
$1.05B
| $2.47M | ﹤0.01% |
62,325
+21,594
| +53% | +$853K |
|
2443
Huazhu Hotels Group
HTHT
$13.3B
| $2.47M | ﹤0.01% |
61,656
+39,582
| +179% | +$1.43M |
|
2444
iShares S&P 100 ETF
OEF
$19.5B
| $2.47M | ﹤0.01% |
+17,150
| New | +$2.35M |
|
|
HI
2445
DELISTED
Hillenbrand
HI
| $2.47M | ﹤0.01% |
74,142
-376,168
| -84% | -$11.9M |
|
|
NVRO
2446
CALL
DELISTED
NEVRO CORP.
NVRO
| $2.47M | ﹤0.01% |
+21,000
| New | +$2.08M |
|
|
CBD
2447
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $2.47M | ﹤0.01% |
112,815
+2,314
| +2% | +$46.4K |
|
2448
FB Financial Corp
FBK
$2.98B
| $2.46M | ﹤0.01% |
61,999
+49,977
| +416% | +$1.91M |
|
|
BCPC
2449
Balchem Corp
BCPC
$5.26B
| $2.44M | ﹤0.01% |
24,035
+16,997
| +242% | +$1.71M |
|
2450
Rithm Capital
RITM
$5.58B
| $2.44M | ﹤0.01% |
151,485
-4,476
| -3% | -$70.3K |
|
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.