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 | |
|---|---|---|---|---|---|---|
|
MXIM
976
DELISTED
Maxim Integrated Products
MXIM
| $13.5M | 0.02% |
222,792
+115,214
| +107% | +$6.41M |
|
977
Western Digital
WDC
$188B
| $13.5M | 0.02% |
403,610
-282,703
| -41% | -$9.16M |
|
978
HUB Group
HUBG
$2.9B
| $13.5M | 0.02% |
+562,316
| New | +$13M |
|
|
PBCT
979
DELISTED
People's United Financial Inc
PBCT
| $13.5M | 0.02% |
1,162,830
+1,022,547
| +729% | +$11.9M |
|
980
Ameren
AEE
$30.2B
| $13.5M | 0.02% |
191,179
-87,111
| -31% | -$6.31M |
|
981
CALL
DuPont de Nemours
DD
$18.9B
| $13.4M | 0.02% |
201,636
+125,236
| +164% | +$7.31M |
|
982
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $13.4M | 0.02% |
210,544
-917,624
| -81% | -$54.1M |
|
|
TIF
983
CALL
DELISTED
Tiffany & Co.
TIF
| $13.4M | 0.02% |
+110,200
| New | +$13.8M |
|
|
CDMO
984
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $13.4M | 0.02% |
2,045,066
+1,344,897
| +192% | +$7.51M |
|
985
Kroger
KR
$35.2B
| $13.4M | 0.02% |
394,680
-462,715
| -54% | -$15M |
|
|
PCPL.U
986
DELISTED
CC Neuberger Principal Holdings I Units, each consisting of one Class A ordinary share and one-third
PCPL.U
| $13.4M | 0.02% |
+1,260,003
| New | +$12.9M |
|
987
PUT
eBay
EBAY
$48.4B
| $13.4M | 0.02% |
254,600
-39,700
| -13% | -$1.68M |
|
988
PUT
Chewy
CHWY
$9.7B
| $13.3M | 0.02% |
297,900
-180,000
| -38% | -$7.85M |
|
|
NVRO
989
DELISTED
NEVRO CORP.
NVRO
| $13.3M | 0.02% |
111,327
+104,986
| +1,656% | +$12.5M |
|
990
Federal Realty Investment Trust
FRT
$10.6B
| $13.3M | 0.02% |
155,700
+121,333
| +353% | +$9.8M |
|
991
CALL
Accenture
ACN
$101B
| $13.2M | 0.02% |
61,700
+4,700
| +8% | +$889K |
|
|
TWOU
992
DELISTED
2U Inc
TWOU
| $13.2M | 0.02% |
11,624
+10,828
| +1,360% | +$9.67M |
|
993
Public Storage
PSA
$60.7B
| $13.2M | 0.02% |
68,974
+50,034
| +264% | +$9.65M |
|
|
PRSP
994
DELISTED
Perspecta Inc. Common Stock
PRSP
| $13.2M | 0.02% |
+567,985
| New | +$12.4M |
|
995
PUT
NetEase
NTES
$83.4B
| $13.2M | 0.02% |
153,500
-3,500
| -2% | -$263K |
|
|
TWTR
996
PUT
DELISTED
Twitter, Inc.
TWTR
| $13.2M | 0.02% |
442,500
-500,000
| -53% | -$15.1M |
|
997
Novavax
NVAX
$1.25B
| $13.2M | 0.02% |
158,068
-472,646
| -75% | -$18.1M |
|
998
Amdocs
DOX
$5.93B
| $13.2M | 0.02% |
+216,367
| New | +$13.4M |
|
999
CALL
Philip Morris
PM
$288B
| $13.2M | 0.02% |
188,000
+34,400
| +22% | +$2.51M |
|
1000
State Street Utilities Select Sector SPDR ETF
XLU
$22.7B
| $13.2M | 0.02% |
+466,558
| New | +$13.5M |
|
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.