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 | |
|---|---|---|---|---|---|---|
|
WUBA
351
DELISTED
58.com Inc
WUBA
| $41.3M | 0.06% |
765,317
+759,921
| +14,083% | +$39.2M |
|
|
AMED
352
DELISTED
Amedisys
AMED
| $41.2M | 0.06% |
207,741
+176,359
| +562% | +$32.9M |
|
353
Zscaler
ZS
$26.1B
| $41.2M | 0.06% |
376,497
+359,081
| +2,062% | +$29.8M |
|
|
354
CALL
Intel
INTC
$510B
| $41.2M | 0.06% |
688,000
+171,500
| +33% | +$10.3M |
|
355
NXP Semiconductors
NXPI
$58.3B
| $41.2M | 0.06% |
360,853
+211,522
| +142% | +$21.1M |
|
356
Oneok
OKE
$55B
| $41.1M | 0.06% |
1,237,457
+91,001
| +8% | +$2.97M |
|
357
Energizer
ENR
$1.54B
| $41M | 0.06% |
+863,858
| New | +$35.3M |
|
|
SGEN
358
DELISTED
Seagen Inc. Common Stock
SGEN
| $41M | 0.06% |
241,397
+154,085
| +176% | +$23M |
|
359
EOG Resources
EOG
$71.5B
| $40.9M | 0.06% |
807,868
-114,156
| -12% | -$5.53M |
|
|
BITA
360
DELISTED
Bitauto Holdings Limited
BITA
| $40.8M | 0.06% |
2,574,623
+1,255,870
| +95% | +$15.8M |
|
361
PUT
American Express
AXP
$236B
| $40.8M | 0.06% |
428,200
+233,900
| +120% | +$21.5M |
|
362
Align Technology
ALGN
$12.5B
| $40.7M | 0.06% |
148,426
+144,988
| +4,217% | +$32.7M |
|
363
Copart
CPRT
$26.8B
| $40.4M | 0.06% |
1,941,356
+1,487,984
| +328% | +$29.9M |
|
364
Enphase Energy
ENPH
$5.15B
| $40.2M | 0.06% |
845,315
+599,669
| +244% | +$28.7M |
|
365
Acadia Pharmaceuticals
ACAD
$4.93B
| $40.2M | 0.06% |
829,432
+521,586
| +169% | +$25M |
|
|
PACK.WS
366
CALL
DELISTED
One Madison Corporation Warrants, each whole warrant is exercisable for one Class A Common Stock at
PACK.WS
| $40.2M | 0.06% |
5,397,000
+427,000
| +9% | +$601K |
|
367
PUT
Amgen
AMGN
$220B
| $40.1M | 0.06% |
170,200
-13,400
| -7% | -$3.06M |
|
368
Avient
AVNT
$3.48B
| $40.1M | 0.06% |
1,529,166
+282,183
| +23% | +$6.55M |
|
369
SiriusXM
SIRI
$10.3B
| $40M | 0.05% |
681,679
+354,529
| +108% | +$19.9M |
|
370
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.63B
| $39.7M | 0.05% |
1,409,800
-517,600
| -27% | -$13.6M |
|
371
CALL
iShares MSCI Brazil ETF
EWZ
$9.14B
| $39.7M | 0.05% |
1,381,100
+1,181,100
| +591% | +$31M |
|
|
CHNG
372
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $39.6M | 0.05% |
3,536,006
+1,496,385
| +73% | +$16.8M |
|
|
PRMW
373
DELISTED
Primo Water Corporation
PRMW
| $39.6M | 0.05% |
2,880,099
+745,004
| +35% | +$8.36M |
|
374
ServiceNow
NOW
$121B
| $39.5M | 0.05% |
487,815
-720,340
| -60% | -$50.9M |
|
|
VMW
375
DELISTED
VMware, Inc
VMW
| $39.5M | 0.05% |
254,769
+127,182
| +100% | +$17.5M |
|
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.