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 | |
|---|---|---|---|---|---|---|
|
EXTN
2926
DELISTED
Exterran Corporation
EXTN
| $1.02M | ﹤0.01% |
190,179
+115,364
| +154% | +$654K |
|
|
UGLD
2927
DELISTED
VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
| $1.02M | ﹤0.01% |
+5,000
| New | +$932K |
|
2928
CALL
Ericsson
ERIC
$32.2B
| $1.02M | ﹤0.01% |
+110,000
| New | +$955K |
|
2929
CALL
General Mills
GIS
$19.1B
| $1.02M | ﹤0.01% |
16,600
| – | – |
|
2930
iShares Gold Trust
IAU
$62.9B
| $1.02M | ﹤0.01% |
+30,104
| New | +$986K |
|
2931
PAR Technology
PAR
$699M
| $1.02M | ﹤0.01% |
+34,112
| New | +$746K |
|
2932
Littelfuse
LFUS
$11.2B
| $1.02M | ﹤0.01% |
+5,970
| New | +$906K |
|
2933
MasterCraft Boat Holdings
MCFT
$579M
| $1.02M | ﹤0.01% |
+53,423
| New | +$672K |
|
2934
PUT
Hormel Foods
HRL
$13.8B
| $1.01M | ﹤0.01% |
+21,000
| New | +$1M |
|
|
MLVF
2935
DELISTED
Malvern Bancorp, Inc.
MLVF
| $1.01M | ﹤0.01% |
+79,510
| New | +$939K |
|
|
ARI
2936
Apollo Commercial Real Estate
ARI
$867M
| $1.01M | ﹤0.01% |
+103,051
| New | +$874K |
|
|
UHT
2937
Universal Health Realty Income Trust
UHT
$604M
| $1.01M | ﹤0.01% |
12,665
+8,974
| +243% | +$845K |
|
2938
PUT
Western Digital
WDC
$188B
| $1.01M | ﹤0.01% |
30,164
-5,822
| -16% | -$189K |
|
2939
Cass Information Systems
CASS
$716M
| $1.01M | ﹤0.01% |
25,768
+704
| +3% | +$26.5K |
|
2940
Entegris
ENTG
$18.1B
| $1.01M | ﹤0.01% |
17,030
-30,479
| -64% | -$1.69M |
|
2941
TD Synnex
SNX
$20.5B
| $1.01M | ﹤0.01% |
16,798
+3,998
| +31% | +$187K |
|
|
GLOG
2942
DELISTED
GASLOG LTD
GLOG
| $1M | ﹤0.01% |
356,217
-910,950
| -72% | -$3.32M |
|
2943
BHP
BHP
$215B
| $999K | ﹤0.01% |
+22,510
| New | +$881K |
|
2944
World Acceptance Corp
WRLD
$835M
| $998K | ﹤0.01% |
15,238
-44,845
| -75% | -$2.8M |
|
2945
Semtech
SMTC
$11B
| $991K | ﹤0.01% |
18,976
-211,376
| -92% | -$9.89M |
|
2946
PUT
MGM Resorts International
MGM
$11.4B
| $990K | ﹤0.01% |
58,900
-8,200
| -12% | -$132K |
|
2947
Reynolds Consumer Products
REYN
$5.25B
| $989K | ﹤0.01% |
28,464
+7,214
| +34% | +$235K |
|
2948
Bright Horizons
BFAM
$3.92B
| $988K | ﹤0.01% |
8,427
-11,864
| -58% | -$1.35M |
|
|
MXIM
2949
CALL
DELISTED
Maxim Integrated Products
MXIM
| $988K | ﹤0.01% |
+16,300
| New | +$907K |
|
2950
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $987K | ﹤0.01% |
+12,899
| New | +$939K |
|
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.