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 | |
|---|---|---|---|---|---|---|
2851
Sony
SONY
$137B
| $1.18M | ﹤0.01% |
85,525
+32,910
| +63% | +$428K |
|
2852
James River Group Holdings
JRVR
$208M
| $1.18M | ﹤0.01% |
26,247
-13,915
| -35% | -$517K |
|
2853
HUTCHMED
HCM
$1.93B
| $1.18M | ﹤0.01% |
+42,669
| New | +$926K |
|
2854
Veru
VERU
$36M
| $1.17M | ﹤0.01% |
35,007
-44,930
| -56% | -$1.55M |
|
2855
Quince Therapeutics
QNCX
$22.9M
| $1.17M | ﹤0.01% |
126
-2
| -2% | -$18.3K |
|
2856
Fortress Biotech
FBIO
$104M
| $1.16M | ﹤0.01% |
28,940
-391
| -1% | -$14.5K |
|
2857
Grupo Cibest SA
CIB
$22B
| $1.16M | ﹤0.01% |
43,986
+19,200
| +77% | +$503K |
|
|
MRO
2858
DELISTED
Marathon Oil Corporation
MRO
| $1.16M | ﹤0.01% |
188,887
-1,270,500
| -87% | -$7.02M |
|
2859
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $1.15M | ﹤0.01% |
10,420
+8,104
| +350% | +$898K |
|
|
GPMT
2860
Granite Point Mortgage Trust
GPMT
$69M
| $1.15M | ﹤0.01% |
160,378
-202,606
| -56% | -$1.1M |
|
|
CCXX.WS
2861
CALL
DELISTED
Churchill Capital Corp III Warrants, each exercisable for one share of Class A common stock at an ex
CCXX.WS
| $1.15M | ﹤0.01% |
+106,750
| New | +$196K |
|
2862
Polaris
PII
$3.82B
| $1.15M | ﹤0.01% |
12,432
-41,827
| -77% | -$3.19M |
|
2863
CALL
Las Vegas Sands
LVS
$31.7B
| $1.15M | ﹤0.01% |
+25,200
| New | +$1.18M |
|
2864
Planet Fitness
PLNT
$4.42B
| $1.15M | ﹤0.01% |
18,920
-105,458
| -85% | -$6.33M |
|
2865
iShares US Healthcare Providers ETF
IHF
$1.21B
| $1.15M | ﹤0.01% |
+29,655
| New | +$1.12M |
|
2866
Halozyme
HALO
$9.79B
| $1.14M | ﹤0.01% |
42,658
-402,044
| -90% | -$9.07M |
|
|
CLDR
2867
DELISTED
Cloudera, Inc.
CLDR
| $1.14M | ﹤0.01% |
89,861
-1,113,642
| -93% | -$10.7M |
|
|
BXRX
2868
DELISTED
Baudax Bio, Inc. Common Stock
BXRX
| $1.14M | ﹤0.01% |
197
+164
| +497% | +$787K |
|
2869
BioLife Solutions
BLFS
$1.53B
| $1.13M | ﹤0.01% |
69,340
+19,746
| +40% | +$272K |
|
2870
Dana Inc
DAN
$2.9B
| $1.13M | ﹤0.01% |
92,771
-230,787
| -71% | -$2.51M |
|
2871
Axos Financial
AX
$5.77B
| $1.13M | ﹤0.01% |
51,107
-50,720
| -50% | -$1.03M |
|
2872
FormFactor
FORM
$8.28B
| $1.13M | ﹤0.01% |
38,469
-526,273
| -93% | -$13M |
|
|
UCTT
2873
Ultra Clean Holdings
UCTT
$3.73B
| $1.13M | ﹤0.01% |
49,812
+38,193
| +329% | +$726K |
|
2874
MGM Resorts International
MGM
$11.4B
| $1.12M | ﹤0.01% |
66,897
-2,507,922
| -97% | -$40.5M |
|
2875
SiTime
SITM
$16B
| $1.12M | ﹤0.01% |
23,656
-29,871
| -56% | -$887K |
|
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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.