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 | |
|---|---|---|---|---|---|---|
1176
Magna International
MGA
$18.2B
| $10.1M | 0.01% |
227,721
-39,560
| -15% | -$1.56M |
|
|
MFA
1177
MFA Financial
MFA
$931M
| $10.1M | 0.01% |
1,017,803
-768,521
| -43% | -$5.95M |
|
1178
Frontdoor
FTDR
$5.34B
| $10.1M | 0.01% |
+228,539
| New | +$9.32M |
|
|
LX
1179
LexinFintech Holdings
LX
$242M
| $10.1M | 0.01% |
950,212
+702,838
| +284% | +$6.26M |
|
1180
AST SpaceMobile
ASTS
$19B
| $10.1M | 0.01% |
1,000,000
| – | – |
|
1181
Wendy's
WEN
$1.43B
| $10.1M | 0.01% |
462,658
-603,385
| -57% | -$12M |
|
1182
CALL
iShares MSCI Taiwan ETF
EWT
$10.2B
| $10.1M | 0.01% |
+250,000
| New | +$9.3M |
|
1183
e.l.f. Beauty
ELF
$4.87B
| $10M | 0.01% |
526,429
+386,349
| +276% | +$5.53M |
|
|
HPP
1184
Hudson Pacific Properties
HPP
$786M
| $10M | 0.01% |
56,764
-22,399
| -28% | -$3.81M |
|
1185
PTC
PTC
$15.8B
| $9.98M | 0.01% |
128,332
-112,885
| -47% | -$8M |
|
1186
Surgery Partners
SGRY
$2.01B
| $9.95M | 0.01% |
+859,513
| New | +$9.42M |
|
|
MYOK
1187
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $9.94M | 0.01% |
102,900
+51,672
| +101% | +$4.31M |
|
1188
Outfront Media
OUT
$5.61B
| $9.89M | 0.01% |
708,928
+512,870
| +262% | +$7.19M |
|
|
CCX.WS
1189
CALL
DELISTED
Churchill Capital Corp II Warrants, each exercisable for one share of Class A common stock at an exe
CCX.WS
| $9.88M | 0.01% |
873,866
| – | – |
|
1190
Ericsson
ERIC
$33.1B
| $9.85M | 0.01% |
1,059,173
-100,120
| -9% | -$869K |
|
|
COR
1191
DELISTED
Coresite Realty Corporation
COR
| $9.79M | 0.01% |
80,857
+28,989
| +56% | +$3.49M |
|
1192
Choice Hotels
CHH
$4.93B
| $9.78M | 0.01% |
+123,941
| New | +$9.45M |
|
|
GNOG
1193
DELISTED
Golden Nugget Online Gaming, Inc. Class A Common Stock
GNOG
| $9.78M | 0.01% |
597,880
-430,530
| -42% | -$4.38M |
|
1194
PUT
NXP Semiconductors
NXPI
$56.5B
| $9.76M | 0.01% |
85,600
-101,400
| -54% | -$10.1M |
|
1195
Four Corners Property Trust
FCPT
$2.78B
| $9.75M | 0.01% |
399,548
+68,771
| +21% | +$1.48M |
|
1196
PagerDuty
PD
$816M
| $9.74M | 0.01% |
340,496
-49,425
| -13% | -$1.19M |
|
1197
PUT
Becton Dickinson
BDX
$46.9B
| $9.74M | 0.01% |
+41,718
| New | +$10.1M |
|
1198
Baker Hughes
BKR
$60.4B
| $9.73M | 0.01% |
631,961
-383,012
| -38% | -$5.6M |
|
|
DISH
1199
DELISTED
DISH Network Corp.
DISH
| $9.72M | 0.01% |
281,727
-504,891
| -64% | -$14M |
|
1200
NMI Holdings
NMIH
$3.35B
| $9.71M | 0.01% |
604,174
+365,862
| +154% | +$5.2M |
|
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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.