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 | |
|---|---|---|---|---|---|---|
|
KDMN
1101
DELISTED
Kadmon Holdings, Inc.
KDMN
| $11.4M | 0.02% |
2,220,003
+1,162,173
| +110% | +$5.21M |
|
|
TMHC
1102
DELISTED
Taylor Morrison
TMHC
| $11.3M | 0.02% |
586,223
+400,347
| +215% | +$6.31M |
|
1103
Lear
LEA
$6.17B
| $11.3M | 0.02% |
+103,437
| New | +$10.3M |
|
1104
Raymond James Financial
RJF
$34.1B
| $11.3M | 0.02% |
245,163
+224,448
| +1,084% | +$10.1M |
|
1105
CALL
Eli Lilly
LLY
$1,000B
| $11.2M | 0.02% |
68,400
-97,900
| -59% | -$15M |
|
1106
CALL
Akamai
AKAM
$17.1B
| $11.2M | 0.02% |
104,800
+102,000
| +3,643% | +$10.3M |
|
1107
BioNTech
BNTX
$23.3B
| $11.2M | 0.02% |
168,098
+160,425
| +2,091% | +$8.01M |
|
1108
Pool Corp
POOL
$7.11B
| $11.2M | 0.02% |
41,187
+4,129
| +11% | +$956K |
|
|
DRNA
1109
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $11.2M | 0.02% |
440,856
-177,229
| -29% | -$3.82M |
|
1110
Douglas Emmett
DEI
$1.99B
| $11.2M | 0.02% |
365,201
-76,651
| -17% | -$2.3M |
|
1111
Allegiant Air
ALGT
$2.78B
| $11.2M | 0.02% |
+102,374
| New | +$9.35M |
|
1112
Repay Holdings
RPAY
$343M
| $11.2M | 0.02% |
453,472
-122,340
| -21% | -$2.47M |
|
1113
Immunovant
IMVT
$7.91B
| $11.1M | 0.02% |
457,134
+58
| +0% | +$1.24K |
|
1114
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$152M
| $11.1M | 0.02% |
5,103
-27,157
| -84% | -$65.3M |
|
1115
Rayonier
RYN
$6.48B
| $11.1M | 0.02% |
+492,273
| New | +$10.7M |
|
1116
Box
BOX
$4.39B
| $11.1M | 0.02% |
532,761
-407,404
| -43% | -$7.15M |
|
1117
Bank of Hawaii
BOH
$3.16B
| $11.1M | 0.02% |
180,029
+160,196
| +808% | +$9.9M |
|
|
SPAQ.U
1118
DELISTED
Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of
SPAQ.U
| $11.1M | 0.02% |
1,000,000
| – | – |
|
1119
Constellation Brands
STZ
$22.4B
| $11M | 0.02% |
62,891
-178,323
| -74% | -$29.7M |
|
|
SRTA
1120
Strata Critical Medical Inc
SRTA
$480M
| $11M | 0.02% |
1,099,998
-9,430
| -0.8% | -$92.6K |
|
1121
Comcast
CMCSA
$87.2B
| $10.9M | 0.02% |
280,924
-2,230,825
| -89% | -$85M |
|
1122
NOV
NOV
$6.94B
| $10.9M | 0.02% |
893,914
-492,439
| -36% | -$6.05M |
|
1123
Diageo
DEO
$49.2B
| $10.9M | 0.02% |
81,380
+56,861
| +232% | +$7.8M |
|
1124
Morningstar
MORN
$7.46B
| $10.9M | 0.02% |
77,563
-15,092
| -16% | -$2.13M |
|
1125
Advanced Drainage Systems
WMS
$11.1B
| $10.9M | 0.01% |
+220,516
| New | +$9.06M |
|
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.