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 | |
|---|---|---|---|---|---|---|
1151
Vanguard Total Bond Market
BND
$157B
| $10.4M | 0.01% |
118,170
+114,035
| +2,758% | +$9.97M |
|
1152
PUT
Intercontinental Exchange
ICE
$85.2B
| $10.4M | 0.01% |
113,900
+87,500
| +331% | +$8.01M |
|
1153
OGE Energy
OGE
$9.79B
| $10.4M | 0.01% |
343,534
-508,420
| -60% | -$15.7M |
|
|
NBIS
1154
Nebius Group N.V.
NBIS
$54B
| $10.4M | 0.01% |
208,049
+179,565
| +630% | +$7.19M |
|
1155
AeroVironment
AVAV
$8.06B
| $10.4M | 0.01% |
130,659
-223,039
| -63% | -$14.4M |
|
1156
CALL
Incyte
INCY
$24B
| $10.4M | 0.01% |
+100,000
| New | +$9.64M |
|
|
MANT
1157
DELISTED
Mantech International Corp
MANT
| $10.4M | 0.01% |
151,158
+147,595
| +4,142% | +$10.9M |
|
1158
Delek US
DK
$4.05B
| $10.3M | 0.01% |
592,032
+264,138
| +81% | +$5.04M |
|
|
RIDE
1159
DELISTED
Lordstown Motors Corp. Class A Common Stock
RIDE
| $10.3M | 0.01% |
66,667
-37,313
| -36% | -$5.61M |
|
1160
GDS Holdings
GDS
$6.55B
| $10.3M | 0.01% |
129,183
-61,411
| -32% | -$3.8M |
|
1161
AngloGold Ashanti
AU
$41.3B
| $10.3M | 0.01% |
348,929
+314,961
| +927% | +$7.79M |
|
1162
PUT
Duke Energy
DUK
$96.9B
| $10.3M | 0.01% |
128,800
-60,400
| -32% | -$5.1M |
|
|
EQC
1163
DELISTED
Equity Commonwealth
EQC
| $10.3M | 0.01% |
319,189
-53,493
| -14% | -$1.77M |
|
|
NVTA
1164
DELISTED
Invitae Corporation
NVTA
| $10.3M | 0.01% |
+338,516
| New | +$5.91M |
|
1165
Kontoor Brands
KTB
$4.68B
| $10.2M | 0.01% |
574,967
+396,554
| +222% | +$7.07M |
|
1166
Xerox
XRX
$411M
| $10.2M | 0.01% |
669,150
+621,666
| +1,309% | +$10.7M |
|
1167
Crocs
CROX
$6.47B
| $10.2M | 0.01% |
277,415
-34,289
| -11% | -$907K |
|
1168
Grand Canyon Education
LOPE
$3.93B
| $10.2M | 0.01% |
112,824
-103,224
| -48% | -$9.18M |
|
|
AMWD
1169
DELISTED
American Woodmark
AMWD
| $10.2M | 0.01% |
134,550
+112,706
| +516% | +$6.45M |
|
1170
RLJ Lodging Trust
RLJ
$1.87B
| $10.2M | 0.01% |
1,078,312
+1,029,711
| +2,119% | +$9.63M |
|
1171
Federated Hermes
FHI
$4.77B
| $10.2M | 0.01% |
428,999
+396,006
| +1,200% | +$8.77M |
|
1172
CALL
Mondelez International
MDLZ
$78.8B
| $10.2M | 0.01% |
198,700
+136,500
| +219% | +$7.01M |
|
|
FUSE.U
1173
DELISTED
Fusion Acquisition Corp. Units, each consisting of one share of Class A common stock, $0.0001 par va
FUSE.U
| $10.2M | 0.01% |
+1,000,000
| New | +$10.2M |
|
1174
Matthews International
MATW
$876M
| $10.2M | 0.01% |
531,487
+380,196
| +251% | +$8.1M |
|
1175
Simply Good Foods
SMPL
$1B
| $10.1M | 0.01% |
545,998
-412,519
| -43% | -$7.31M |
|
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.