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 | |
|---|---|---|---|---|---|---|
2626
PUT
Hartford Financial Services
HIG
$38.9B
| $1.63M | ﹤0.01% |
42,200
-40,700
| -49% | -$1.55M |
|
2627
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.54B
| $1.63M | ﹤0.01% |
+54,712
| New | +$1.51M |
|
|
AD
2628
Array Digital Infrastructure
AD
$3.01B
| $1.63M | ﹤0.01% |
52,631
-36,685
| -41% | -$1.13M |
|
2629
iShares S&P 100 ETF
OEF
$20.1B
| $1.62M | ﹤0.01% |
+11,379
| New | +$1.53M |
|
2630
Mitek Systems
MITK
$754M
| $1.62M | ﹤0.01% |
168,340
+29,207
| +21% | +$263K |
|
2631
Schneider National
SNDR
$6.26B
| $1.61M | ﹤0.01% |
65,457
-173,030
| -73% | -$3.81M |
|
2632
NewMarket
NEU
$7.82B
| $1.61M | ﹤0.01% |
+4,030
| New | +$1.66M |
|
2633
Veritone
VERI
$101M
| $1.61M | ﹤0.01% |
+108,524
| New | +$912K |
|
2634
Ternium
TX
$9.67B
| $1.61M | ﹤0.01% |
+106,272
| New | +$1.54M |
|
2635
CALL
Altimmune
ALT
$552M
| $1.61M | ﹤0.01% |
+150,000
| New | +$824K |
|
2636
Liberty Latin America Class A
LILA
$1.64B
| $1.6M | ﹤0.01% |
257,680
+148,194
| +135% | +$973K |
|
|
DSPG
2637
DELISTED
DSP Group Inc
DSPG
| $1.6M | ﹤0.01% |
100,908
+3,581
| +4% | +$58.7K |
|
2638
PUT
Spotify
SPOT
$103B
| $1.6M | ﹤0.01% |
6,200
+3,600
| +138% | +$617K |
|
|
ARD
2639
DELISTED
Ardagh Group S.A. Class A Common Shares
ARD
| $1.6M | ﹤0.01% |
+123,841
| New | +$1.54M |
|
|
PCSB
2640
DELISTED
PCSB Financial Corporation
PCSB
| $1.6M | ﹤0.01% |
125,988
+18,900
| +18% | +$246K |
|
2641
Fulgent Genetics
FLGT
$470M
| $1.6M | ﹤0.01% |
99,770
+51,207
| +105% | +$784K |
|
2642
TETRA Technologies
TTI
$1.14B
| $1.59M | ﹤0.01% |
+2,977,669
| New | +$1.17M |
|
2643
Adecoagro
AGRO
$1.44B
| $1.59M | ﹤0.01% |
366,027
+46,483
| +15% | +$194K |
|
2644
American Airlines Group
AAL
$10.1B
| $1.59M | ﹤0.01% |
121,317
-27,758
| -19% | -$337K |
|
2645
FNB Corp
FNB
$6.73B
| $1.58M | ﹤0.01% |
211,075
-120,153
| -36% | -$905K |
|
|
KE
2646
Kimball Electronics
KE
$595M
| $1.58M | ﹤0.01% |
116,833
+87,948
| +304% | +$1.13M |
|
2647
W&T Offshore
WTI
$534M
| $1.58M | ﹤0.01% |
693,404
+424,405
| +158% | +$1.08M |
|
|
CXP
2648
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $1.58M | ﹤0.01% |
120,143
-545,440
| -82% | -$7.18M |
|
2649
NBT Bancorp
NBTB
$2.74B
| $1.58M | ﹤0.01% |
51,294
+37,425
| +270% | +$1.17M |
|
2650
StoneCo
STNE
$2.77B
| $1.58M | ﹤0.01% |
40,685
-317,220
| -89% | -$9.25M |
|
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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.