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 | |
|---|---|---|---|---|---|---|
|
CONN
2451
DELISTED
Conn's Inc.
CONN
| $970K | ﹤0.01% |
231,980
+2,250
| +1% | +$18.4K |
|
|
SOGO
2452
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
| $967K | ﹤0.01% |
+287,784
| New | +$1.22M |
|
2453
Sanmina
SANM
$10.4B
| $964K | ﹤0.01% |
35,335
+17,633
| +100% | +$514K |
|
2454
Compugen
CGEN
$225M
| $962K | ﹤0.01% |
132,450
+110,574
| +505% | +$869K |
|
2455
First Community Corp
FCCO
$325M
| $962K | ﹤0.01% |
+61,205
| New | +$1.16M |
|
2456
CALL
Karyopharm Therapeutics
KPTI
$44.6M
| $961K | ﹤0.01% |
+3,333
| New | +$919K |
|
|
NVEE
2457
DELISTED
NV5 Global
NVEE
| $961K | ﹤0.01% |
93,080
-750,596
| -89% | -$10M |
|
2458
Vicor
VICR
$9.85B
| $959K | ﹤0.01% |
+21,537
| New | +$1.02M |
|
2459
Clear Channel Outdoor Holdings
CCO
$1.23B
| $953K | ﹤0.01% |
1,489,085
-781,115
| -34% | -$1.66M |
|
2460
Vanguard Real Estate ETF
VNQ
$39.2B
| $953K | ﹤0.01% |
13,645
-7,986
| -37% | -$701K |
|
|
SIVB
2461
DELISTED
SVB Financial Group
SIVB
| $951K | ﹤0.01% |
6,295
-28,184
| -82% | -$6.2M |
|
|
HARP
2462
DELISTED
Harpoon Therapeutics, Inc. Common Stock
HARP
| $949K | ﹤0.01% |
8,194
+92
| +1% | +$12.9K |
|
2463
AdvanSix
ASIX
$542M
| $945K | ﹤0.01% |
+99,018
| New | +$1.54M |
|
|
XIFR
2464
XPLR Infrastructure LP
XIFR
$1.12B
| $944K | ﹤0.01% |
21,949
-156,107
| -88% | -$8.27M |
|
|
CNR
2465
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $944K | ﹤0.01% |
206,922
+182,228
| +738% | +$1.35M |
|
|
IMMU
2466
CALL
DELISTED
Immunomedics Inc
IMMU
| $944K | ﹤0.01% |
+70,000
| New | +$1.18M |
|
|
GSB
2467
DELISTED
GlobalSCAPE, Inc.
GSB
| $944K | ﹤0.01% |
132,592
+120,767
| +1,021% | +$1.1M |
|
2468
Integer Holdings
ITGR
$4.23B
| $943K | ﹤0.01% |
+14,997
| New | +$1.22M |
|
|
RAPT
2469
DELISTED
RAPT Therapeutics
RAPT
| $943K | ﹤0.01% |
+5,540
| New | +$1.26M |
|
2470
UBS Group
UBS
$173B
| $941K | ﹤0.01% |
101,618
-186,658
| -65% | -$2.15M |
|
2471
Mine Safety
MSA
$7.42B
| $940K | ﹤0.01% |
+9,286
| New | +$1.17M |
|
|
NSLR
2472
Neostellar Capital Corp
NSLR
$278M
| $938K | ﹤0.01% |
190,769
-73,066
| -28% | -$378K |
|
2473
CALL
Honeywell
HON
$78.2B
| $937K | ﹤0.01% |
7,427
-98,885
| -93% | -$15.3M |
|
2474
Prestige Consumer Healthcare
PBH
$2.46B
| $933K | ﹤0.01% |
+25,441
| New | +$988K |
|
|
FRG
2475
DELISTED
Franchise Group, Inc.
FRG
| $933K | ﹤0.01% |
106,962
+51,596
| +93% | +$1.03M |
|
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.