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 | |
|---|---|---|---|---|---|---|
|
SAFE
2876
DELISTED
Safehold Inc.
SAFE
| $1.12M | ﹤0.01% |
+19,525
| New | +$1.07M |
|
2877
TransAlta
TAC
$3.95B
| $1.12M | ﹤0.01% |
188,690
-46,624
| -20% | -$268K |
|
|
MTSC
2878
DELISTED
MTS Systems Corp
MTSC
| $1.12M | ﹤0.01% |
63,629
-86,279
| -58% | -$1.59M |
|
|
HES
2879
PUT
DELISTED
Hess
HES
| $1.11M | ﹤0.01% |
21,400
-59,100
| -73% | -$2.71M |
|
|
NSA
2880
DELISTED
National Storage Affiliates Trust
NSA
| $1.11M | ﹤0.01% |
38,612
-68,059
| -64% | -$1.95M |
|
|
GBT
2881
CALL
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $1.1M | ﹤0.01% |
+17,500
| New | +$1.2M |
|
2882
The Oncology Institute
TOI
$486M
| $1.1M | ﹤0.01% |
+109,800
| New | +$1.09M |
|
2883
Yeti Holdings
YETI
$3.71B
| $1.1M | ﹤0.01% |
25,762
-26,373
| -51% | -$792K |
|
|
CMRX
2884
DELISTED
Chimerix, Inc.
CMRX
| $1.1M | ﹤0.01% |
355,148
+179,165
| +102% | +$464K |
|
|
PSTL
2885
Postal Realty Trust
PSTL
$694M
| $1.1M | ﹤0.01% |
+68,928
| New | +$1.09M |
|
2886
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $1.1M | ﹤0.01% |
+31,693
| New | +$1.08M |
|
|
HRC
2887
CALL
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $1.1M | ﹤0.01% |
+10,000
| New | +$1.05M |
|
2888
CALL
Clorox
CLX
$11.6B
| $1.1M | ﹤0.01% |
5,000
+900
| +22% | +$180K |
|
|
DS
2889
DELISTED
Drive Shack Inc.
DS
| $1.1M | ﹤0.01% |
+593,236
| New | +$974K |
|
2890
Stellus Capital Investment Corp
SCM
$217M
| $1.1M | ﹤0.01% |
150,530
+111,854
| +289% | +$847K |
|
2891
Coca-Cola Femsa
KOF
$22.7B
| $1.09M | ﹤0.01% |
24,863
-26,563
| -52% | -$1.12M |
|
2892
PUT
Norfolk Southern
NSC
$75.4B
| $1.09M | ﹤0.01% |
6,200
-31,600
| -84% | -$5.35M |
|
2893
LendingTree
TREE
$447M
| $1.09M | ﹤0.01% |
+3,758
| New | +$908K |
|
|
ACGN
2894
DELISTED
Aceragen Inc
ACGN
| $1.09M | ﹤0.01% |
35,792
+6,582
| +23% | +$203K |
|
|
NARI
2895
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $1.08M | ﹤0.01% |
+22,330
| New | +$1.07M |
|
2896
CALL
Chemours
CC
$2.5B
| $1.07M | ﹤0.01% |
70,000
-30,000
| -30% | -$379K |
|
2897
Herc Holdings
HRI
$5.02B
| $1.07M | ﹤0.01% |
34,966
-34,144
| -49% | -$875K |
|
|
COHR
2898
DELISTED
Coherent Inc
COHR
| $1.07M | ﹤0.01% |
+8,205
| New | +$1.07M |
|
2899
Columbia Sportswear
COLM
$3.04B
| $1.07M | ﹤0.01% |
13,278
-42,056
| -76% | -$3.07M |
|
|
BHR
2900
Braemar Hotels & Resorts
BHR
$156M
| $1.06M | ﹤0.01% |
+372,162
| New | +$1.08M |
|
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.