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 | |
|---|---|---|---|---|---|---|
2726
PUT
IQVIA
IQV
$38.7B
| $1.42M | ﹤0.01% |
+10,000
| New | +$1.36M |
|
2727
CALL
Cooper Companies
COO
$14.1B
| $1.42M | ﹤0.01% |
+20,000
| New | +$1.48M |
|
2728
PVH
PVH
$4B
| $1.42M | ﹤0.01% |
29,482
-163,856
| -85% | -$7.64M |
|
|
GRUB
2729
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $1.41M | ﹤0.01% |
+10,000
| New | +$1.06M |
|
2730
CALL
Extra Space Storage
EXR
$31.3B
| $1.4M | ﹤0.01% |
+15,200
| New | +$1.41M |
|
2731
U-Haul Holding Co
UHAL
$13.9B
| $1.4M | ﹤0.01% |
46,400
+24,470
| +112% | +$717K |
|
2732
Schwab US Broad Market ETF
SCHB
$43.2B
| $1.4M | ﹤0.01% |
+114,342
| New | +$1.32M |
|
2733
Savara
SVRA
$1.12B
| $1.4M | ﹤0.01% |
561,798
-100,127
| -15% | -$244K |
|
2734
PUT
Snap
SNAP
$7.89B
| $1.4M | ﹤0.01% |
+59,500
| New | +$1.06M |
|
2735
CALL
Corning
GLW
$119B
| $1.4M | ﹤0.01% |
53,900
-47,300
| -47% | -$1.07M |
|
|
TBI
2736
Trueblue
TBI
$215M
| $1.4M | ﹤0.01% |
+91,452
| New | +$1.36M |
|
|
AGS
2737
DELISTED
PlayAGS
AGS
| $1.39M | ﹤0.01% |
411,670
-63,868
| -13% | -$245K |
|
2738
Capri Holdings
CPRI
$1.83B
| $1.39M | ﹤0.01% |
88,930
-663,537
| -88% | -$9.82M |
|
|
ITIC
2739
Investors Title Co
ITIC
$546M
| $1.39M | ﹤0.01% |
11,458
+9,478
| +479% | +$1.18M |
|
|
UGAZ
2740
DELISTED
VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2
UGAZ
| $1.39M | ﹤0.01% |
+136,357
| New | +$2.7M |
|
2741
United Parcel Service
UPS
$88.6B
| $1.39M | ﹤0.01% |
12,467
-173,287
| -93% | -$17.3M |
|
2742
SiteOne Landscape Supply
SITE
$4.12B
| $1.39M | ﹤0.01% |
+12,156
| New | +$1.13M |
|
2743
First Bancorp
FBP
$4.42B
| $1.38M | ﹤0.01% |
247,506
-1,896,028
| -88% | -$10.3M |
|
2744
CALL
CF Industries
CF
$19.2B
| $1.38M | ﹤0.01% |
+49,100
| New | +$1.4M |
|
2745
Evolent Health
EVH
$348M
| $1.38M | ﹤0.01% |
193,859
-1,081,908
| -85% | -$7.25M |
|
2746
Oceaneering
OII
$4.86B
| $1.38M | ﹤0.01% |
215,269
+3,226
| +2% | +$17K |
|
2747
FRP Holdings
FRPH
$428M
| $1.37M | ﹤0.01% |
+67,738
| New | +$1.4M |
|
|
MAG
2748
DELISTED
MAG Silver
MAG
| $1.37M | ﹤0.01% |
+97,358
| New | +$1.12M |
|
2749
CALL
Align Technology
ALGN
$12.1B
| $1.37M | ﹤0.01% |
5,000
-3,000
| -38% | -$676K |
|
2750
BGC Group
BGC
$5.52B
| $1.37M | ﹤0.01% |
499,401
-373,489
| -43% | -$1.03M |
|
Similar funds
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.