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 | |
|---|---|---|---|---|---|---|
1426
Ameris Bancorp
ABCB
$5.92B
| $7.18M | 0.01% |
304,364
+284,191
| +1,409% | +$6.67M |
|
1427
MDU Resources
MDU
$4.2B
| $7.16M | 0.01% |
849,303
+764,931
| +907% | +$6.36M |
|
1428
PUT
Zimmer Biomet
ZBH
$18.8B
| $7.16M | 0.01% |
+61,800
| New | +$7.12M |
|
1429
Artisan Partners
APAM
$2.99B
| $7.15M | 0.01% |
+220,087
| New | +$6.1M |
|
1430
PUT
Elevance Health
ELV
$83B
| $7.15M | 0.01% |
27,200
+19,200
| +240% | +$5.12M |
|
|
BPYU
1431
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $7.14M | 0.01% |
716,629
+537,570
| +300% | +$5.41M |
|
|
WWE
1432
DELISTED
World Wrestling Entertainment
WWE
| $7.13M | 0.01% |
164,109
-410,254
| -71% | -$17.6M |
|
1433
Honda
HMC
$38.4B
| $7.13M | 0.01% |
278,956
+269,582
| +2,876% | +$6.55M |
|
1434
Atmos Energy
ATO
$28.9B
| $7.13M | 0.01% |
71,577
-131,988
| -65% | -$13.3M |
|
|
FEAC.WS
1435
CALL
DELISTED
Flying Eagle Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A com
FEAC.WS
| $7.12M | 0.01% |
+648,575
| New | +$1.36M |
|
|
PGRE
1436
DELISTED
Paramount Group
PGRE
| $7.1M | 0.01% |
+920,619
| New | +$7.77M |
|
1437
PUT
Automatic Data Processing
ADP
$107B
| $7.09M | 0.01% |
47,600
-33,600
| -41% | -$4.81M |
|
1438
CALL
Valero Energy
VLO
$88.5B
| $7.06M | 0.01% |
+120,000
| New | +$7.17M |
|
1439
Cabaletta Bio
CABA
$439M
| $7.04M | 0.01% |
631,904
+239,089
| +61% | +$1.83M |
|
1440
First American
FAF
$7.7B
| $7.04M | 0.01% |
146,509
+42,895
| +41% | +$2.03M |
|
|
JBGS
1441
JBG SMITH
JBGS
$829M
| $7.02M | 0.01% |
237,538
+229,264
| +2,771% | +$7.1M |
|
1442
Pacific Biosciences
PACB
$441M
| $7.02M | 0.01% |
2,035,463
-315,834
| -13% | -$1.08M |
|
1443
Eastman Chemical
EMN
$8.23B
| $7.01M | 0.01% |
100,710
-560,044
| -85% | -$35.3M |
|
1444
Central Pacific Financial
CPF
$1.02B
| $7M | 0.01% |
436,557
+99,842
| +30% | +$1.59M |
|
1445
Agios Pharmaceuticals
AGIO
$1.82B
| $6.99M | 0.01% |
130,752
-147,176
| -53% | -$6.81M |
|
1446
Fabrinet
FN
$16.3B
| $6.99M | 0.01% |
112,017
+107,040
| +2,151% | +$6.57M |
|
|
THWWW
1447
CALL
DELISTED
Target Hospitality Corp. Warrant expiring 3/15/2024
THWWW
| $6.96M | 0.01% |
4,120,000
+1,129,200
| +38% | +$249K |
|
1448
CBRE Group
CBRE
$43B
| $6.96M | 0.01% |
153,884
+144,201
| +1,489% | +$6.22M |
|
1449
DraftKings
DKNG
$11.7B
| $6.94M | 0.01% |
208,749
-937,369
| -82% | -$25.9M |
|
|
RPTX
1450
DELISTED
Repare Therapeutics
RPTX
| $6.92M | 0.01% |
+223,244
| New | +$7.17M |
|
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.