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 | |
|---|---|---|---|---|---|---|
|
BFIN
3901
DELISTED
BankFinancial
BFIN
| $117K | ﹤0.01% |
+13,982
| New | +$112K |
|
|
CRON
3902
Cronos Group
CRON
$1.07B
| $117K | ﹤0.01% |
+19,481
| New | +$119K |
|
|
TEF
3903
DELISTED
Telefonica
TEF
| $116K | ﹤0.01% |
28,563
+14,083
| +97% | +$54.6K |
|
|
GSB
3904
DELISTED
GlobalSCAPE, Inc.
GSB
| $116K | ﹤0.01% |
11,896
-120,696
| -91% | -$1.12M |
|
3905
Beazer Homes USA
BZH
$888M
| $115K | ﹤0.01% |
11,415
-585,849
| -98% | -$4.68M |
|
|
CNR
3906
Core Natural Resources Inc
CNR
$3.93B
| $115K | ﹤0.01% |
+22,723
| New | +$142K |
|
|
TFFP
3907
DELISTED
TFF Pharmaceuticals, Inc. Common Stock
TFFP
| $115K | ﹤0.01% |
796
-1,435
| -64% | -$181K |
|
|
KWY
3908
Kingsway Corp
KWY
$254M
| $114K | ﹤0.01% |
50,801
-9,258
| -15% | -$18.4K |
|
3909
Viper Energy
VNOM
$8.43B
| $113K | ﹤0.01% |
+10,872
| New | +$104K |
|
3910
Jerash Holdings
JRSH
$56.5M
| $111K | ﹤0.01% |
22,801
+85
| +0.4% | +$402 |
|
|
VCNX
3911
DELISTED
Vaccinex, Inc. Common Stock
VCNX
| $111K | ﹤0.01% |
147
-65
| -31% | -$50.7K |
|
|
RUHN
3912
DELISTED
Ruhnn Holding Limited American Depositary Shares
RUHN
| $111K | ﹤0.01% |
37,372
-251
| -0.7% | -$858 |
|
3913
Fidelity MSCI Energy Index ETF
FENY
$1.97B
| $110K | ﹤0.01% |
+11,107
| New | +$108K |
|
3914
IDT Corp
IDT
$1.67B
| $110K | ﹤0.01% |
+16,788
| New | +$98.9K |
|
3915
First Bank
FRBA
$470M
| $109K | ﹤0.01% |
+16,768
| New | +$119K |
|
3916
J. Jill
JILL
$274M
| $109K | ﹤0.01% |
+31,615
| New | +$85.7K |
|
|
JNCE
3917
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $109K | ﹤0.01% |
15,745
-50,381
| -76% | -$272K |
|
|
RNWK
3918
DELISTED
RealNetworks Inc
RNWK
| $108K | ﹤0.01% |
83,000
-90,755
| -52% | -$99.5K |
|
|
ATXS
3919
DELISTED
Astria Therapeutics
ATXS
| $107K | ﹤0.01% |
+2,771
| New | +$98.7K |
|
3920
Cleveland-Cliffs
CLF
$6.49B
| $107K | ﹤0.01% |
19,356
-483,516
| -96% | -$2.35M |
|
|
SVBI
3921
DELISTED
Severn Bancorp Inc/MD
SVBI
| $107K | ﹤0.01% |
+16,443
| New | +$97.4K |
|
3922
MediciNova
MNOV
$63.5M
| $106K | ﹤0.01% |
19,466
-16,035
| -45% | -$85K |
|
|
RESN
3923
DELISTED
Resonant Inc.
RESN
| $105K | ﹤0.01% |
44,885
-21,477
| -32% | -$47.7K |
|
|
CHAP
3924
DELISTED
Chaparral Energy, Inc.
CHAP
| $104K | ﹤0.01% |
+160,360
| New | +$84.4K |
|
3925
Ascent Industries
ACNT
$139M
| $101K | ﹤0.01% |
+13,531
| New | +$118K |
|
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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.