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 | |
|---|---|---|---|---|---|---|
1351
Liberty Latin America Class C
LILAK
$1.67B
| $7.87M | 0.01% |
974,233
+594,285
| +156% | +$5.06M |
|
|
PINC
1352
DELISTED
Premier
PINC
| $7.87M | 0.01% |
229,576
-429,915
| -65% | -$14.1M |
|
1353
Tanger
SKT
$4.68B
| $7.82M | 0.01% |
1,096,158
-841,836
| -43% | -$5.57M |
|
|
JBTM
1354
JBT Marel
JBTM
$7.41B
| $7.82M | 0.01% |
90,857
+84,267
| +1,279% | +$6.54M |
|
|
RETA
1355
PUT
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $7.8M | 0.01% |
+50,000
| New | +$7.6M |
|
|
DISCK
1356
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $7.79M | 0.01% |
404,351
+379,891
| +1,553% | +$7.44M |
|
1357
Tronox
TROX
$909M
| $7.78M | 0.01% |
1,076,943
+728,228
| +209% | +$4.81M |
|
|
HOME
1358
DELISTED
At Home Group Inc.
HOME
| $7.76M | 0.01% |
1,196,507
-21,609
| -2% | -$88.4K |
|
|
PDM
1359
Piedmont Realty Trust
PDM
$1.24B
| $7.76M | 0.01% |
467,255
-395,505
| -46% | -$6.6M |
|
|
SEE
1360
DELISTED
Sealed Air
SEE
| $7.73M | 0.01% |
235,376
-450,171
| -66% | -$13.5M |
|
1361
PUT
Marriott International
MAR
$91.5B
| $7.72M | 0.01% |
90,000
+33,300
| +59% | +$2.89M |
|
1362
A.O. Smith
AOS
$8.25B
| $7.71M | 0.01% |
+163,569
| New | +$7.14M |
|
1363
Ligand Pharmaceuticals
LGND
$5.85B
| $7.7M | 0.01% |
110,334
-108,047
| -49% | -$6.85M |
|
1364
Everest Group
EG
$14.4B
| $7.7M | 0.01% |
+37,322
| New | +$7.27M |
|
|
CADE
1365
DELISTED
Cadence Bancorporation
CADE
| $7.7M | 0.01% |
868,641
+428,465
| +97% | +$3.06M |
|
1366
AvePoint
AVPT
$2.83B
| $7.68M | 0.01% |
750,000
-345,424
| -32% | -$3.42M |
|
1367
Thomson Reuters
TRI
$44.4B
| $7.66M | 0.01% |
106,964
-98,475
| -48% | -$7.12M |
|
1368
LG Display
LPL
$3.07B
| $7.66M | 0.01% |
1,585,096
+1,353,422
| +584% | +$6.17M |
|
1369
Abercrombie & Fitch
ANF
$4.84B
| $7.65M | 0.01% |
+719,404
| New | +$7.85M |
|
1370
Extreme Networks
EXTR
$3.92B
| $7.65M | 0.01% |
1,763,126
-1,368,973
| -44% | -$4.83M |
|
|
XLNX
1371
CALL
DELISTED
Xilinx Inc
XLNX
| $7.63M | 0.01% |
77,600
+64,100
| +475% | +$5.68M |
|
1372
Lincoln Electric
LECO
$14.6B
| $7.63M | 0.01% |
90,595
-71,660
| -44% | -$5.67M |
|
|
AZPN
1373
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $7.63M | 0.01% |
73,660
+61,629
| +512% | +$6.39M |
|
1374
Hims & Hers Health
HIMS
$7.13B
| $7.63M | 0.01% |
750,000
-52,794
| -7% | -$527K |
|
1375
ProPetro Holding
PUMP
$1.37B
| $7.63M | 0.01% |
1,483,815
+1,465,657
| +8,072% | +$6.76M |
|
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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.