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 | |
|---|---|---|---|---|---|---|
1301
PUT
Dollar General
DG
$28.2B
| $8.46M | 0.01% |
44,400
-120,600
| -73% | -$21.8M |
|
1302
PUT
ConocoPhillips
COP
$145B
| $8.45M | 0.01% |
201,000
-91,600
| -31% | -$3.7M |
|
|
CMA
1303
DELISTED
Comerica
CMA
| $8.42M | 0.01% |
221,072
-80,781
| -27% | -$2.82M |
|
1304
TotalEnergies
TTE
$194B
| $8.42M | 0.01% |
+218,978
| New | +$8.11M |
|
1305
PUT
Wynn Resorts
WYNN
$10.2B
| $8.39M | 0.01% |
112,600
+72,000
| +177% | +$5.77M |
|
1306
Wabtec
WAB
$50.1B
| $8.38M | 0.01% |
145,487
+41,029
| +39% | +$2.32M |
|
1307
Lennox International
LII
$15B
| $8.37M | 0.01% |
35,910
+32,707
| +1,021% | +$6.6M |
|
1308
ASE Group
ASX
$80.7B
| $8.36M | 0.01% |
1,842,146
+1,212,336
| +192% | +$5.17M |
|
1309
PUT
Medtronic
MDT
$111B
| $8.36M | 0.01% |
91,200
-244,900
| -73% | -$23.5M |
|
1310
Insmed
INSM
$21.3B
| $8.35M | 0.01% |
303,178
-127,113
| -30% | -$3.01M |
|
1311
Loews
L
$23.9B
| $8.33M | 0.01% |
242,934
+235,025
| +2,972% | +$7.92M |
|
1312
Bank OZK
OZK
$5.65B
| $8.32M | 0.01% |
354,664
+157,327
| +80% | +$3.37M |
|
1313
Encore Capital Group
ECPG
$2.06B
| $8.31M | 0.01% |
+243,220
| New | +$7.25M |
|
|
DNKN
1314
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $8.31M | 0.01% |
127,397
-313,667
| -71% | -$19.5M |
|
|
PLAN
1315
DELISTED
Anaplan, Inc.
PLAN
| $8.3M | 0.01% |
183,294
-132,968
| -42% | -$5.57M |
|
1316
Lattice Semiconductor
LSCC
$18B
| $8.3M | 0.01% |
292,211
+230,794
| +376% | +$5.39M |
|
1317
Mercury Systems
MRCY
$6.35B
| $8.3M | 0.01% |
+105,471
| New | +$8.63M |
|
1318
PUT
Biogen
BIIB
$29.8B
| $8.29M | 0.01% |
31,000
+12,900
| +71% | +$3.88M |
|
1319
iShares TIPS Bond ETF
TIP
$14.5B
| $8.26M | 0.01% |
+67,191
| New | +$8.17M |
|
1320
WSFS Financial
WSFS
$4.19B
| $8.26M | 0.01% |
287,806
+4,755
| +2% | +$126K |
|
|
DADA
1321
DELISTED
Dada Nexus
DADA
| $8.26M | 0.01% |
+370,302
| New | +$7.12M |
|
1322
Nasdaq
NDAQ
$52.6B
| $8.18M | 0.01% |
205,293
+169,980
| +481% | +$6.33M |
|
1323
Zymeworks
ZYME
$1.6B
| $8.17M | 0.01% |
226,472
+70,571
| +45% | +$2.6M |
|
|
GRUB
1324
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $8.17M | 0.01% |
58,105
-111,187
| -66% | -$11.8M |
|
|
NSCO.WS
1325
CALL
DELISTED
Nesco Holdings, Inc. Warrants, exerciseable for Common Stock
NSCO.WS
| $8.16M | 0.01% |
2,030,000
+30,000
| +2% | +$4.64K |
|
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.