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 | |
|---|---|---|---|---|---|---|
3151
PUT
Agnico Eagle Mines
AEM
$76.3B
| $698K | ﹤0.01% |
10,900
| – | – |
|
3152
Alpha and Omega Semiconductor
AOSL
$931M
| $698K | ﹤0.01% |
+64,116
| New | +$657K |
|
|
VVNT
3153
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $698K | ﹤0.01% |
40,299
-208,239
| -84% | -$2.61M |
|
3154
ADC Therapeutics
ADCT
$141M
| $697K | ﹤0.01% |
+14,887
| New | +$565K |
|
3155
Union Bankshares
UNB
$107M
| $695K | ﹤0.01% |
+37,124
| New | +$776K |
|
3156
Elastic
ESTC
$6.68B
| $694K | ﹤0.01% |
+7,531
| New | +$550K |
|
3157
CALL
Freeport-McMoran
FCX
$91.2B
| $694K | ﹤0.01% |
60,000
+48,000
| +400% | +$440K |
|
3158
Costamare
CMRE
$1.87B
| $692K | ﹤0.01% |
+124,547
| New | +$607K |
|
3159
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $691K | ﹤0.01% |
17,450
-62,724
| -78% | -$2.32M |
|
3160
PUT
HCA Healthcare
HCA
$85.7B
| $689K | ﹤0.01% |
7,100
-40,400
| -85% | -$4.2M |
|
3161
Photronics
PLAB
$1.74B
| $689K | ﹤0.01% |
61,926
-242,836
| -80% | -$2.79M |
|
|
NSLR
3162
Neostellar Capital Corp
NSLR
$270M
| $688K | ﹤0.01% |
96,700
-94,069
| -49% | -$529K |
|
3163
Piper Sandler
PIPR
$5.15B
| $687K | ﹤0.01% |
46,476
-42,076
| -48% | -$593K |
|
3164
Home BancShares
HOMB
$6.25B
| $685K | ﹤0.01% |
44,562
+19,940
| +81% | +$280K |
|
|
SAVE
3165
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $685K | ﹤0.01% |
38,500
-31,000
| -45% | -$442K |
|
3166
ReposiTrak
TRAK
$157M
| $684K | ﹤0.01% |
161,671
+124,135
| +331% | +$599K |
|
|
WMC
3167
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $684K | ﹤0.01% |
24,954
+20,402
| +448% | +$522K |
|
|
COOP
3168
DELISTED
Mr. Cooper
COOP
| $680K | ﹤0.01% |
+54,693
| New | +$548K |
|
3169
Oportun Financial
OPRT
$259M
| $680K | ﹤0.01% |
50,629
+38,051
| +303% | +$354K |
|
|
ABMD
3170
DELISTED
Abiomed Inc
ABMD
| $680K | ﹤0.01% |
2,816
+562
| +25% | +$113K |
|
3171
Sierra Bancorp
BSRR
$527M
| $676K | ﹤0.01% |
+35,816
| New | +$646K |
|
|
WIRE
3172
DELISTED
Encore Wire Corp
WIRE
| $676K | ﹤0.01% |
13,856
-93,504
| -87% | -$4.29M |
|
|
UCB
3173
United Community Banks
UCB
$4.23B
| $674K | ﹤0.01% |
+33,500
| New | +$642K |
|
3174
Acushnet Holdings
GOLF
$5.88B
| $670K | ﹤0.01% |
+19,245
| New | +$571K |
|
3175
KB Home
KBH
$3.45B
| $670K | ﹤0.01% |
21,840
-1,037,677
| -98% | -$28.6M |
|
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.