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 | |
|---|---|---|---|---|---|---|
1051
WesBanco
WSBC
$4B
| $12.1M | 0.02% |
597,491
+495,551
| +486% | +$10.8M |
|
1052
Roku
ROKU
$21.7B
| $12.1M | 0.02% |
104,060
+78,631
| +309% | +$8.99M |
|
1053
CALL
Baxter International
BAX
$14.3B
| $12.1M | 0.02% |
+140,600
| New | +$12.2M |
|
1054
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.92B
| $12.1M | 0.02% |
119,643
+103,282
| +631% | +$10.3M |
|
1055
CALL
Intuit
INTU
$86.9B
| $12.1M | 0.02% |
+40,800
| New | +$11.2M |
|
|
WORK
1056
DELISTED
Slack Technologies, Inc.
WORK
| $12.1M | 0.02% |
388,403
-497,398
| -56% | -$15M |
|
|
RP
1057
DELISTED
RealPage, Inc.
RP
| $12.1M | 0.02% |
185,549
-79,778
| -30% | -$5.03M |
|
1058
CALL
Viatris
VTRS
$20.5B
| $12.1M | 0.02% |
750,000
| – | – |
|
|
BREW
1059
DELISTED
Craft Brew Alliance, Inc.
BREW
| $12.1M | 0.02% |
783,199
+711,024
| +985% | +$10.8M |
|
1060
Weibo
WB
$1.98B
| $12M | 0.02% |
357,795
+282,021
| +372% | +$9.68M |
|
1061
Lithia Motors
LAD
$8.21B
| $12M | 0.02% |
79,423
+5,087
| +7% | +$582K |
|
|
FRC
1062
DELISTED
First Republic Bank
FRC
| $12M | 0.02% |
113,310
+69,065
| +156% | +$7.09M |
|
1063
Chemed
CHE
$6.96B
| $12M | 0.02% |
26,623
-71
| -0.3% | -$31.7K |
|
|
CHCT
1064
Community Healthcare Trust
CHCT
$513M
| $12M | 0.02% |
293,542
-25,967
| -8% | -$971K |
|
1065
Legend Biotech
LEGN
$3.72B
| $12M | 0.02% |
+281,246
| New | +$11M |
|
1066
Starwood Property Trust
STWD
$5.91B
| $12M | 0.02% |
800,142
+168,978
| +27% | +$2.28M |
|
|
NATI
1067
DELISTED
National Instruments Corp
NATI
| $12M | 0.02% |
308,965
-24,488
| -7% | -$926K |
|
1068
CALL
Zimmer Biomet
ZBH
$18.5B
| $11.9M | 0.02% |
103,000
+17,510
| +20% | +$2.02M |
|
1069
US Bancorp
USB
$99.3B
| $11.9M | 0.02% |
324,068
-615,484
| -66% | -$21.9M |
|
|
KLR.WS
1070
CALL
DELISTED
Kaleyra, Inc. Warrants, each whole Warrant exercisable for one share of Common Stock at an exercise price of $40.25 per share
KLR.WS
| $11.9M | 0.02% |
2,944,890
+969,690
| +49% | +$822K |
|
1071
argenx
ARGX
$52.7B
| $11.9M | 0.02% |
52,817
+15,984
| +43% | +$2.84M |
|
1072
Aecom
ACM
$9.62B
| $11.8M | 0.02% |
315,130
+101,540
| +48% | +$3.64M |
|
1073
Silgan Holdings
SLGN
$4.38B
| $11.8M | 0.02% |
+365,608
| New | +$11.9M |
|
|
BLUE
1074
DELISTED
bluebird bio
BLUE
| $11.8M | 0.02% |
14,963
-21,271
| -59% | -$16M |
|
1075
PUT
State Street SPDR S&P Retail ETF
XRT
$331M
| $11.8M | 0.02% |
275,400
-562,100
| -67% | -$21.3M |
|
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.