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 | |
|---|---|---|---|---|---|---|
3751
PUT
Newmont
NEM
$96.2B
| $222K | ﹤0.01% |
903,600
+615,600
| +214% | +$36.4M |
|
3752
Veeco
VECO
$2.62B
| $222K | ﹤0.01% |
+16,457
| New | +$189K |
|
3753
Rush Enterprises Class B
RUSHB
$6.14B
| $221K | ﹤0.01% |
+13,934
| New | +$206K |
|
3754
Village Farms International
VFF
$240M
| $221K | ﹤0.01% |
46,044
+20,578
| +81% | +$87K |
|
3755
Larimar Therapeutics
LRMR
$377M
| $220K | ﹤0.01% |
17,121
-8,537
| -33% | -$99.4K |
|
3756
Timken Company
TKR
$9.19B
| $220K | ﹤0.01% |
4,836
-27,393
| -85% | -$1.08M |
|
|
TACO
3757
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $220K | ﹤0.01% |
37,140
-140,705
| -79% | -$780K |
|
3758
Community Health Systems
CYH
$382M
| $219K | ﹤0.01% |
72,651
-61,131
| -46% | -$196K |
|
3759
Coca-Cola Consolidated
COKE
$12.8B
| $218K | ﹤0.01% |
+9,530
| New | +$223K |
|
|
HES
3760
CALL
DELISTED
Hess
HES
| $218K | ﹤0.01% |
+4,200
| New | +$192K |
|
|
MDP
3761
DELISTED
Meredith Corporation
MDP
| $218K | ﹤0.01% |
15,004
-132,850
| -90% | -$1.93M |
|
|
MXIM
3762
PUT
DELISTED
Maxim Integrated Products
MXIM
| $218K | ﹤0.01% |
+3,600
| New | +$200K |
|
3763
CALL
Emerson Electric
EMR
$81.6B
| $217K | ﹤0.01% |
3,500
-900
| -20% | -$51.1K |
|
|
CO
3764
DELISTED
Global Cord Blood Corporation
CO
| $217K | ﹤0.01% |
70,112
+19,522
| +39% | +$56.7K |
|
|
CANG
3765
Cango Inc
CANG
$64M
| $216K | ﹤0.01% |
3,568
-227
| -6% | -$11.5K |
|
3766
PUT
Eastman Chemical
EMN
$7.69B
| $216K | ﹤0.01% |
+3,100
| New | +$195K |
|
3767
Fox Class B
FOX
$22.1B
| $216K | ﹤0.01% |
+8,032
| New | +$214K |
|
|
ESXB
3768
DELISTED
Community Bankers Trust Corporation
ESXB
| $215K | ﹤0.01% |
39,021
+8,938
| +30% | +$46.6K |
|
3769
Research Frontiers
REFR
$13.6M
| $213K | ﹤0.01% |
52,424
+25,494
| +95% | +$94.6K |
|
|
SHOE
3770
Shoe Station Group
SHOE
$424M
| $212K | ﹤0.01% |
+14,456
| New | +$173K |
|
|
TESS
3771
DELISTED
Tessco Technologies Inc
TESS
| $212K | ﹤0.01% |
+38,561
| New | +$205K |
|
3772
Mirum Pharmaceuticals
MIRM
$6.56B
| $211K | ﹤0.01% |
10,838
-84,459
| -89% | -$1.41M |
|
3773
United Fire Group
UFCS
$1.35B
| $211K | ﹤0.01% |
+7,603
| New | +$214K |
|
3774
PUT
Constellation Brands
STZ
$22.5B
| $210K | ﹤0.01% |
+1,200
| New | +$200K |
|
3775
Vanguard Dividend Appreciation ETF
VIG
$111B
| $210K | ﹤0.01% |
+1,788
| New | +$204K |
|
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.