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 | |
|---|---|---|---|---|---|---|
2976
Blue Bird Corp
BLBD
$2.35B
| $948K | ﹤0.01% |
+63,232
| New | +$793K |
|
2977
ADMA Biologics
ADMA
$1.96B
| $946K | ﹤0.01% |
322,827
+128,725
| +66% | +$370K |
|
2978
Pure Cycle
PCYO
$253M
| $943K | ﹤0.01% |
102,568
+60,277
| +143% | +$589K |
|
2979
Peabody Energy
BTU
$2.6B
| $937K | ﹤0.01% |
325,405
+221,944
| +215% | +$733K |
|
|
VISN
2980
Vistance Networks Inc
VISN
$2.65B
| $937K | ﹤0.01% |
+112,518
| New | +$1.11M |
|
2981
Pearson
PSO
$10.2B
| $935K | ﹤0.01% |
129,373
-80,241
| -38% | -$501K |
|
|
VRE
2982
DELISTED
Veris Residential
VRE
| $933K | ﹤0.01% |
60,990
+27,806
| +84% | +$432K |
|
|
RSX
2983
DELISTED
VanEck Russia ETF
RSX
| $932K | ﹤0.01% |
44,900
-226,434
| -83% | -$4.46M |
|
2984
Telephone and Data Systems
TDS
$3.82B
| $931K | ﹤0.01% |
46,814
-512,489
| -92% | -$9.8M |
|
2985
CALL
Medpace
MEDP
$16.1B
| $930K | ﹤0.01% |
+10,000
| New | +$851K |
|
2986
CALL
Universal Health Services
UHS
$10.2B
| $929K | ﹤0.01% |
10,000
| – | – |
|
2987
Ventas
VTR
$48B
| $928K | ﹤0.01% |
25,341
-454,713
| -95% | -$15M |
|
|
ACB
2988
Aurora Cannabis
ACB
$173M
| $926K | ﹤0.01% |
7,452
+6,843
| +1,124% | +$779K |
|
2989
PUT
Travelers Companies
TRV
$78.1B
| $924K | ﹤0.01% |
8,100
+3,500
| +76% | +$369K |
|
2990
PUT
Enbridge
ENB
$119B
| $922K | ﹤0.01% |
30,300
| – | – |
|
2991
iShares Russell 2000 Growth ETF
IWO
$14.3B
| $921K | ﹤0.01% |
+4,452
| New | +$833K |
|
|
MNTV
2992
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $920K | ﹤0.01% |
39,065
-10,347
| -21% | -$189K |
|
2993
Safety Insurance
SAFT
$1.52B
| $919K | ﹤0.01% |
+12,052
| New | +$944K |
|
|
PPD
2994
DELISTED
PPD, Inc. Common Stock
PPD
| $919K | ﹤0.01% |
34,281
+19,667
| +135% | +$491K |
|
|
APXTU
2995
DELISTED
Apex Technology Acquisition Corporation Unit
APXTU
| $918K | ﹤0.01% |
80,000
| – | – |
|
2996
Banco Bilbao Vizcaya Argentaria
BBVA
$154B
| $912K | ﹤0.01% |
+268,204
| New | +$845K |
|
2997
Park National Corp
PRK
$3.76B
| $909K | ﹤0.01% |
12,920
+8,335
| +182% | +$610K |
|
2998
Range Resources
RRC
$9.38B
| $907K | ﹤0.01% |
161,083
+148,106
| +1,141% | +$822K |
|
2999
Eagle Bancorp
EGBN
$846M
| $906K | ﹤0.01% |
+27,675
| New | +$883K |
|
|
UNIT
3000
Uniti Group
UNIT
$2.36B
| $905K | ﹤0.01% |
+96,775
| New | +$726K |
|
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.