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 | |
|---|---|---|---|---|---|---|
|
SOLY
3376
DELISTED
Soliton, Inc.
SOLY
| $482K | ﹤0.01% |
61,923
+50,103
| +424% | +$493K |
|
|
PACW
3377
DELISTED
PacWest Bancorp
PACW
| $481K | ﹤0.01% |
24,409
-716,171
| -97% | -$13.3M |
|
3378
CALL
Best Buy
BBY
$18.5B
| $480K | ﹤0.01% |
5,500
-31,700
| -85% | -$2.4M |
|
3379
ICICI Bank
IBN
$109B
| $480K | ﹤0.01% |
51,699
-730,992
| -93% | -$6.49M |
|
3380
Universal Logistics Holdings
ULH
$353M
| $480K | ﹤0.01% |
27,636
-56,563
| -67% | -$803K |
|
|
ORBC
3381
DELISTED
ORBCOMM, Inc.
ORBC
| $479K | ﹤0.01% |
124,522
-849,631
| -87% | -$2.54M |
|
|
ACOR
3382
DELISTED
Acorda Therapeutics
ACOR
| $478K | ﹤0.01% |
5,426
+3,785
| +231% | +$400K |
|
3383
PUT
VeriSign
VRSN
$25.9B
| $476K | ﹤0.01% |
+2,300
| New | +$477K |
|
3384
Ethan Allen Interiors
ETD
$583M
| $475K | ﹤0.01% |
40,189
-95,022
| -70% | -$1.05M |
|
3385
Teekay Tankers
TNK
$2.68B
| $474K | ﹤0.01% |
+36,977
| New | +$654K |
|
3386
Old Second Bancorp
OSBC
$1.29B
| $473K | ﹤0.01% |
+60,816
| New | +$450K |
|
3387
Vanguard FTSE Europe ETF
VGK
$30.8B
| $472K | ﹤0.01% |
+9,372
| New | +$442K |
|
3388
CALL
Monster Beverage
MNST
$95.5B
| $471K | ﹤0.01% |
13,600
-13,600
| -50% | -$444K |
|
3389
PUT
Under Armour
UAA
$2.91B
| $468K | ﹤0.01% |
48,000
| – | – |
|
3390
CALL
Workday
WDAY
$39B
| $468K | ﹤0.01% |
2,500
-2,200
| -47% | -$356K |
|
3391
Columbia Financial
CLBK
$1.14B
| $467K | ﹤0.01% |
+33,447
| New | +$467K |
|
3392
Clearway Energy Class C
CWEN
$4.94B
| $465K | ﹤0.01% |
20,161
+4,440
| +28% | +$93.9K |
|
|
HTB
3393
HomeTrust Bancshares
HTB
$860M
| $464K | ﹤0.01% |
29,002
-2,753
| -9% | -$41.4K |
|
3394
Korn Ferry
KFY
$4.18B
| $463K | ﹤0.01% |
15,053
-241,449
| -94% | -$6.91M |
|
|
MIXT
3395
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $463K | ﹤0.01% |
+53,623
| New | +$472K |
|
|
PDLI
3396
DELISTED
PDL BioPharma, Inc.
PDLI
| $463K | ﹤0.01% |
159,019
+145,120
| +1,044% | +$459K |
|
3397
Ceco Environmental
CECO
$3.83B
| $461K | ﹤0.01% |
+70,023
| New | +$380K |
|
3398
Vir Biotechnology
VIR
$1.5B
| $460K | ﹤0.01% |
+11,222
| New | +$377K |
|
|
HBMD
3399
DELISTED
Howard Bancorp, Inc. Common Stock
HBMD
| $459K | ﹤0.01% |
+43,266
| New | +$442K |
|
|
SPN
3400
DELISTED
Superior Energy Services, Inc.
SPN
| $459K | ﹤0.01% |
402,623
-31,069
| -7% | -$42.6K |
|
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.