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 | |
|---|---|---|---|---|---|---|
2951
Amphastar Pharmaceuticals
AMPH
$872M
| $985K | ﹤0.01% |
+43,834
| New | +$803K |
|
2952
PUT
eHealth
EHTH
$42.5M
| $982K | ﹤0.01% |
10,000
-32,500
| -76% | -$3.78M |
|
2953
iShares China Large-Cap ETF
FXI
$4.35B
| $982K | ﹤0.01% |
24,726
-134,268
| -84% | -$5.24M |
|
2954
PUT
Motorola Solutions
MSI
$72.5B
| $981K | ﹤0.01% |
7,000
+1,900
| +37% | +$269K |
|
2955
CALL
Revvity
RVTY
$12.6B
| $981K | ﹤0.01% |
+10,000
| New | +$914K |
|
|
SPNE
2956
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $979K | ﹤0.01% |
93,542
+38,604
| +70% | +$395K |
|
2957
MBIA
MBI
$265M
| $977K | ﹤0.01% |
+134,743
| New | +$979K |
|
|
2958
Revvity
RVTY
$12.6B
| $977K | ﹤0.01% |
9,958
-97,656
| -91% | -$8.93M |
|
2959
Cenovus Energy
CVE
$55.6B
| $974K | ﹤0.01% |
208,475
+74,705
| +56% | +$287K |
|
2960
Inseego
INSG
$115M
| $974K | ﹤0.01% |
8,399
+5,054
| +151% | +$534K |
|
2961
PUT
Baxter International
BAX
$13.6B
| $973K | ﹤0.01% |
11,300
-9,400
| -45% | -$819K |
|
2962
Whirlpool
WHR
$2.44B
| $973K | ﹤0.01% |
+7,509
| New | +$859K |
|
2963
iShares US Aerospace & Defense ETF
ITA
$14.1B
| $969K | ﹤0.01% |
+11,762
| New | +$928K |
|
|
PTR
2964
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $969K | ﹤0.01% |
29,295
-19,151
| -40% | -$676K |
|
2965
PUT
Sysco
SYY
$40.9B
| $967K | ﹤0.01% |
17,700
-1,300
| -7% | -$68.3K |
|
2966
CALL
Consolidated Edison
ED
$40.3B
| $964K | ﹤0.01% |
+13,400
| New | +$1.03M |
|
2967
Lennar Class B
LEN.B
$19.5B
| $962K | ﹤0.01% |
21,962
-940
| -4% | -$35.5K |
|
|
UMH
2968
UMH Properties
UMH
$1.29B
| $962K | ﹤0.01% |
+74,400
| New | +$899K |
|
2969
First Trust Nasdaq Bank ETF
FTXO
$306M
| $961K | ﹤0.01% |
+54,153
| New | +$943K |
|
|
AXIA
2970
AXIA Energia
AXIA
$23.9B
| $957K | ﹤0.01% |
+213,194
| New | +$833K |
|
2971
Sportsman's Warehouse
SPWH
$44.9M
| $956K | ﹤0.01% |
+67,088
| New | +$631K |
|
|
CHMA
2972
DELISTED
Chiasma, Inc. Common Stock
CHMA
| $955K | ﹤0.01% |
+177,485
| New | +$977K |
|
2973
CALL
Under Armour
UAA
$2.86B
| $953K | ﹤0.01% |
97,800
| – | – |
|
2974
TherapeuticsMD
TXMD
$23.5M
| $952K | ﹤0.01% |
+15,231
| New | +$887K |
|
2975
GameStop
GME
$9.78B
| $949K | ﹤0.01% |
+874,792
| New | +$1.01M |
|
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.