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 | |
|---|---|---|---|---|---|---|
2576
Clear Channel Outdoor Holdings
CCO
$1.23B
| $1.76M | ﹤0.01% |
1,695,598
+206,513
| +14% | +$194K |
|
2577
PUT
Masco
MAS
$14.1B
| $1.76M | ﹤0.01% |
35,100
+24,400
| +228% | +$1.06M |
|
2578
Seres Therapeutics
MCRB
$46.8M
| $1.76M | ﹤0.01% |
+18,513
| New | +$1.62M |
|
2579
BioXcel Therapeutics
BTAI
$24.9M
| $1.76M | ﹤0.01% |
+2,073
| New | +$1.35M |
|
2580
AGCO
AGCO
$7.15B
| $1.75M | ﹤0.01% |
31,624
-47,113
| -60% | -$2.46M |
|
2581
PUT
Charles River Laboratories
CRL
$11.2B
| $1.74M | ﹤0.01% |
+10,000
| New | +$1.6M |
|
2582
PUT
HP
HPQ
$24.9B
| $1.74M | ﹤0.01% |
100,000
| – | – |
|
|
BFS
2583
Saul Centers
BFS
$836M
| $1.74M | ﹤0.01% |
53,899
+22,103
| +70% | +$705K |
|
2584
Matador Resources
MTDR
$6.2B
| $1.74M | ﹤0.01% |
204,383
-2,530,409
| -93% | -$17.7M |
|
|
AGRX
2585
DELISTED
Agile Therapeutics
AGRX
| $1.74M | ﹤0.01% |
312
-382
| -55% | -$1.98M |
|
|
LOVE
2586
DELISTED
LoveSac
LOVE
| $1.73M | ﹤0.01% |
65,789
-16,508
| -20% | -$251K |
|
2587
iShares MSCI USA Momentum Factor ETF
MTUM
$25B
| $1.72M | ﹤0.01% |
+13,164
| New | +$1.59M |
|
2588
Pegasystems
PEGA
$5.02B
| $1.72M | ﹤0.01% |
33,914
-409,532
| -92% | -$17.7M |
|
2589
Macy's
M
$6.53B
| $1.71M | ﹤0.01% |
249,196
+187,543
| +304% | +$1.15M |
|
2590
PUT
Quest Diagnostics
DGX
$25.7B
| $1.71M | ﹤0.01% |
+15,000
| New | +$1.59M |
|
|
MODN
2591
DELISTED
MODEL N, INC.
MODN
| $1.71M | ﹤0.01% |
49,173
-103,124
| -68% | -$3M |
|
2592
International Paper
IP
$21.6B
| $1.71M | ﹤0.01% |
51,213
-1,095,786
| -96% | -$34.9M |
|
|
OBSV
2593
DELISTED
ObsEva SA Ordinary Shares
OBSV
| $1.71M | ﹤0.01% |
289,847
+268,165
| +1,237% | +$1.01M |
|
|
AMBR
2594
Amber International Holding Ltd
AMBR
$130M
| $1.7M | ﹤0.01% |
+31,945
| New | +$1.58M |
|
2595
Spyre Therapeutics
SYRE
$8.54B
| $1.7M | ﹤0.01% |
7,338
+6,781
| +1,217% | +$1.29M |
|
|
ENIA
2596
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $1.69M | ﹤0.01% |
+225,135
| New | +$1.75M |
|
2597
Mativ Holdings
MATV
$481M
| $1.69M | ﹤0.01% |
+50,507
| New | +$1.52M |
|
|
MMX
2598
DELISTED
Maverix Metals Inc. Common Shares
MMX
| $1.69M | ﹤0.01% |
+379,992
| New | +$1.63M |
|
|
BGG
2599
DELISTED
Briggs & Stratton Corp.
BGG
| $1.69M | ﹤0.01% |
1,285,990
+1,254,373
| +3,967% | +$2.3M |
|
|
DCH
2600
Dauch Corp
DCH
$1.34B
| $1.68M | ﹤0.01% |
221,616
-1,138,738
| -84% | -$6.57M |
|
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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.