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 | |
|---|---|---|---|---|---|---|
3126
Graham Holdings Company
GHC
$5.28B
| $733K | ﹤0.01% |
2,139
-2,756
| -56% | -$969K |
|
|
ATCX
3127
DELISTED
Atlas Technical Consultants, Inc. Class A Common Stock
ATCX
| $731K | ﹤0.01% |
112,447
+90,458
| +411% | +$823K |
|
|
INVX
3128
Innovex International
INVX
$1.85B
| $730K | ﹤0.01% |
24,513
+16,460
| +204% | +$506K |
|
3129
Apollo Global Management
APO
$69.3B
| $729K | ﹤0.01% |
14,607
-1,060,497
| -99% | -$46.5M |
|
|
FINV
3130
FinVolution Group
FINV
$1.15B
| $726K | ﹤0.01% |
401,191
-1,123,911
| -74% | -$1.87M |
|
|
PHK
3131
PIMCO High Income Fund
PHK
$867M
| $726K | ﹤0.01% |
135,535
+111,365
| +461% | +$576K |
|
3132
CALL
Yum China
YUMC
$15.9B
| $726K | ﹤0.01% |
15,100
| – | – |
|
|
LGF.A
3133
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $726K | ﹤0.01% |
97,939
+44,672
| +84% | +$331K |
|
|
ZYNE
3134
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
| $724K | ﹤0.01% |
+214,803
| New | +$1.02M |
|
3135
PUT
RH
RH
$3.15B
| $722K | ﹤0.01% |
2,900
-1,000
| -26% | -$181K |
|
|
FAX
3136
abrdn Asia-Pacific Income Fund
FAX
$597M
| $720K | ﹤0.01% |
+31,505
| New | +$676K |
|
3137
NETGEAR
NTGR
$616M
| $720K | ﹤0.01% |
27,813
-76,425
| -73% | -$1.86M |
|
3138
Crescent Capital BDC
CCAP
$400M
| $718K | ﹤0.01% |
56,776
+20,327
| +56% | +$234K |
|
3139
Lantheus
LNTH
$6.58B
| $717K | ﹤0.01% |
+50,137
| New | +$663K |
|
3140
Supernus Pharmaceuticals
SUPN
$2.65B
| $717K | ﹤0.01% |
+30,195
| New | +$667K |
|
3141
CALL
Energy Transfer Partners
ET
$69.6B
| $712K | ﹤0.01% |
100,000
+50,000
| +100% | +$371K |
|
3142
Seaboard Corp
SEB
$4.32B
| $710K | ﹤0.01% |
242
+51
| +27% | +$154K |
|
|
TUP
3143
DELISTED
Tupperware Brands Corporation
TUP
| $710K | ﹤0.01% |
+149,451
| New | +$497K |
|
|
IMMU
3144
PUT
DELISTED
Immunomedics Inc
IMMU
| $709K | ﹤0.01% |
20,000
| – | – |
|
3145
Aegon
AEG
$14B
| $706K | ﹤0.01% |
+260,206
| New | +$639K |
|
3146
TriNet
TNET
$3.29B
| $706K | ﹤0.01% |
11,578
-140,308
| -92% | -$7.01M |
|
3147
PUT
HF Sinclair
DINO
$16.7B
| $704K | ﹤0.01% |
24,100
-4,600
| -16% | -$137K |
|
3148
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$909M
| $704K | ﹤0.01% |
9,000
-1,021
| -10% | -$66.3K |
|
3149
PUT
Cadence Design Systems
CDNS
$91.7B
| $701K | ﹤0.01% |
7,300
| – | – |
|
3150
Phibro Animal Health
PAHC
$1.48B
| $701K | ﹤0.01% |
26,670
-3,497
| -12% | -$86.8K |
|
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.