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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 8.62% |
| 2 | Technology | 7.54% |
| 3 | Financials | 6.93% |
| 4 | Consumer Discretionary | 6.74% |
| 5 | Industrials | 6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2526
CuriosityStream
CURI
$145M
| $1.9M | ﹤0.01% |
189,000
-61,000
| -24% | -$600K |
|
2527
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $1.9M | ﹤0.01% |
94,782
-75,735
| -44% | -$1.38M |
|
2528
Regis Corp
RGS
$68.4M
| $1.9M | ﹤0.01% |
11,588
+11,035
| +1,995% | +$2.07M |
|
2529
PUT
Corning
GLW
$119B
| $1.89M | ﹤0.01% |
73,100
-38,800
| -35% | -$880K |
|
2530
PolyPid
PYPD
$82.3M
| $1.89M | ﹤0.01% |
+3,500
| New | +$1.96M |
|
|
GAP
2531
PUT
The Gap Inc
GAP
$7.23B
| $1.89M | ﹤0.01% |
150,000
+105,000
| +233% | +$946K |
|
|
KAMN
2532
DELISTED
Kaman Corp
KAMN
| $1.89M | ﹤0.01% |
+45,493
| New | +$1.76M |
|
2533
Bio-Techne
TECH
$11.2B
| $1.89M | ﹤0.01% |
28,644
-5,860
| -17% | -$351K |
|
2534
Smith & Wesson
SWBI
$651M
| $1.89M | ﹤0.01% |
114,102
-522,823
| -82% | -$4.86M |
|
2535
Boston Omaha
BOC
$428M
| $1.88M | ﹤0.01% |
117,595
+97,878
| +496% | +$1.63M |
|
2536
Alamos Gold
AGI
$11.6B
| $1.88M | ﹤0.01% |
200,274
-985,440
| -83% | -$7.58M |
|
2537
PUT
Occidental Petroleum
OXY
$56.8B
| $1.88M | ﹤0.01% |
10,266
| – | – |
|
|
UBA
2538
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $1.87M | ﹤0.01% |
157,761
-47,208
| -23% | -$608K |
|
2539
HCA Healthcare
HCA
$87.2B
| $1.87M | ﹤0.01% |
19,253
-195,024
| -91% | -$20.3M |
|
2540
CGI
GIB
$15.1B
| $1.87M | ﹤0.01% |
29,635
-247,243
| -89% | -$15.4M |
|
2541
iShares Silver Trust
SLV
$28B
| $1.86M | ﹤0.01% |
+109,598
| New | +$1.67M |
|
|
HMHC
2542
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $1.86M | ﹤0.01% |
1,028,243
+324,472
| +46% | +$521K |
|
2543
CAE Inc. Common Shares
CAE
$8.3B
| $1.86M | ﹤0.01% |
114,846
+68,173
| +146% | +$1.05M |
|
|
HES
2544
DELISTED
Hess
HES
| $1.86M | ﹤0.01% |
35,870
-360,023
| -91% | -$16.5M |
|
|
AZUL
2545
DELISTED
Azul
AZUL
| $1.86M | ﹤0.01% |
166,088
+68,178
| +70% | +$656K |
|
2546
Utah Medical Products
UTMD
$225M
| $1.85M | ﹤0.01% |
+20,905
| New | +$1.88M |
|
2547
Enanta Pharmaceuticals
ENTA
$366M
| $1.85M | ﹤0.01% |
36,887
-43,296
| -54% | -$2.24M |
|
|
DMC
2548
Del Monte Corp
DMC
$1.41B
| $1.85M | ﹤0.01% |
+75,196
| New | +$1.97M |
|
2549
Regional Management Corp
RM
$301M
| $1.85M | ﹤0.01% |
104,492
-33,417
| -24% | -$522K |
|
2550
PUT
BioMarin Pharmaceuticals
BMRN
$11.6B
| $1.85M | ﹤0.01% |
+15,000
| New | +$1.49M |
|
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Millennium Management's Q2 2020 Portfolio in Review
As of Q2 2020, Millennium Management held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Millennium Management deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 8.6% of assets, down from 11% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Millennium Management's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Millennium Management added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Millennium Management's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Millennium Management fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Millennium Management's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Millennium Management opened 1,140 new positions and closed 798 in Q2 2020.
- Millennium Management's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.