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 | |
|---|---|---|---|---|---|---|
3426
ASML
ASML
$634B
| $438K | ﹤0.01% |
1,190
-37,518
| -97% | -$11.8M |
|
3427
Banco de Chile
BCH
$21.3B
| $438K | ﹤0.01% |
+24,821
| New | +$437K |
|
3428
CALL
Cognizant
CTSH
$24.3B
| $438K | ﹤0.01% |
7,700
-37,000
| -83% | -$1.99M |
|
3429
Cemex
CX
$17.2B
| $437K | ﹤0.01% |
151,904
-941,155
| -86% | -$2.21M |
|
|
CYBE
3430
DELISTED
Cyberoptics Corp
CYBE
| $436K | ﹤0.01% |
13,539
-95,208
| -88% | -$2.66M |
|
|
NTUS
3431
CALL
DELISTED
Natus Medical Inc
NTUS
| $436K | ﹤0.01% |
+20,000
| New | +$458K |
|
3432
PUT
iShares MSCI Mexico ETF
EWW
$1.93B
| $434K | ﹤0.01% |
13,600
-100,200
| -88% | -$3.04M |
|
3433
Penske Automotive Group
PAG
$14.5B
| $434K | ﹤0.01% |
11,202
-391,570
| -97% | -$13.7M |
|
|
SURF
3434
DELISTED
Surface Oncology, Inc. Common Stock
SURF
| $434K | ﹤0.01% |
66,223
-210,182
| -76% | -$759K |
|
|
CWEN.A
3435
DELISTED
Clearway Energy Class A
CWEN.A
| $433K | ﹤0.01% |
+20,649
| New | +$403K |
|
|
ETNB
3436
DELISTED
89bio
ETNB
| $433K | ﹤0.01% |
+21,703
| New | +$527K |
|
3437
Immersion
IMMR
$246M
| $433K | ﹤0.01% |
+69,457
| New | +$448K |
|
3438
Schwab US Large-Cap Growth ETF
SCHG
$59.1B
| $433K | ﹤0.01% |
+34,080
| New | +$397K |
|
|
SLCA
3439
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $432K | ﹤0.01% |
+119,640
| New | +$302K |
|
3440
CALL
TSMC
TSM
$2.09T
| $431K | ﹤0.01% |
+7,600
| New | +$401K |
|
|
3441
PUT
TSMC
TSM
$2.09T
| $431K | ﹤0.01% |
+7,600
| New | +$401K |
|
3442
ABM Industries
ABM
$2.79B
| $430K | ﹤0.01% |
11,840
-298,250
| -96% | -$9.67M |
|
3443
CALL
McKesson
MCK
$101B
| $430K | ﹤0.01% |
+2,800
| New | +$404K |
|
3444
Acacia Research
ACTG
$426M
| $429K | ﹤0.01% |
+104,813
| New | +$304K |
|
3445
Weyco Group
WEYS
$377M
| $429K | ﹤0.01% |
19,882
+2,232
| +13% | +$43.4K |
|
3446
Amplify Mobile Payments ETF
IPAY
$173M
| $428K | ﹤0.01% |
+8,734
| New | +$392K |
|
|
VIOT
3447
Viomi Technology
VIOT
$50.9M
| $428K | ﹤0.01% |
80,673
-31,748
| -28% | -$174K |
|
3448
BlackLine
BL
$1.8B
| $427K | ﹤0.01% |
5,156
-85,460
| -94% | -$5.71M |
|
3449
PUT
Expeditors International
EXPD
$21.8B
| $426K | ﹤0.01% |
+5,600
| New | +$409K |
|
3450
Mizuho Financial
MFG
$126B
| $426K | ﹤0.01% |
172,290
+75,305
| +78% | +$179K |
|
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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.