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 | |
|---|---|---|---|---|---|---|
|
KYNB
1451
Kyntra Bio
KYNB
$27.4M
| $6.92M | 0.01% |
6,833
+2,989
| +78% | +$2.78M |
|
1452
Lamb Weston
LW
$7.29B
| $6.92M | 0.01% |
108,277
-323,557
| -75% | -$19.5M |
|
1453
Beyond Meat
BYND
$316M
| $6.92M | 0.01% |
51,658
+17,160
| +50% | +$2.03M |
|
|
TWO
1454
Two Harbors Investment
TWO
$1.27B
| $6.92M | 0.01% |
343,143
+183,770
| +115% | +$3.41M |
|
1455
Credit Acceptance
CACC
$5.99B
| $6.92M | 0.01% |
16,505
+3,365
| +26% | +$1.17M |
|
1456
Marten Transport
MRTN
$1.22B
| $6.89M | 0.01% |
410,895
+361,087
| +725% | +$5.67M |
|
1457
Brunswick
BC
$5.16B
| $6.89M | 0.01% |
+107,662
| New | +$5.37M |
|
1458
Zai Lab
ZLAB
$2.05B
| $6.89M | 0.01% |
83,898
-312,967
| -79% | -$21.2M |
|
1459
CALL
Zoetis
ZTS
$32.3B
| $6.88M | 0.01% |
+50,200
| New | +$6.55M |
|
|
HMSY
1460
DELISTED
HMS Holdings Corp.
HMSY
| $6.87M | 0.01% |
212,121
-452,180
| -68% | -$13.1M |
|
1461
CALL
Ascendis Pharma A/S
ASND
$16B
| $6.86M | 0.01% |
+46,400
| New | +$6.37M |
|
|
ACC
1462
DELISTED
American Campus Communities, Inc.
ACC
| $6.86M | 0.01% |
196,283
-79,676
| -29% | -$2.64M |
|
1463
Helen of Troy
HELE
$676M
| $6.85M | 0.01% |
+36,339
| New | +$5.95M |
|
1464
Knowles
KN
$3.2B
| $6.83M | 0.01% |
447,935
-361,689
| -45% | -$5.39M |
|
|
SCPL
1465
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $6.83M | 0.01% |
460,286
+388,594
| +542% | +$4.77M |
|
|
ATHX
1466
DELISTED
Athersys, Inc. Common Stock
ATHX
| $6.82M | 0.01% |
98,788
+98,069
| +13,640% | +$6.82M |
|
|
NEX
1467
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $6.8M | 0.01% |
2,774,092
+1,104,035
| +66% | +$2.7M |
|
1468
CALL
United Rentals
URI
$69.5B
| $6.8M | 0.01% |
45,600
-71,600
| -61% | -$9.08M |
|
1469
Sanofi
SNY
$103B
| $6.79M | 0.01% |
+132,966
| New | +$6.46M |
|
1470
Protagonist Therapeutics
PTGX
$8.51B
| $6.79M | 0.01% |
384,205
+42,030
| +12% | +$527K |
|
|
RAVN
1471
DELISTED
Raven Industries Inc
RAVN
| $6.78M | 0.01% |
314,958
+100,792
| +47% | +$2.13M |
|
1472
Gold Fields
GFI
$30.4B
| $6.77M | 0.01% |
720,459
-659,497
| -48% | -$5M |
|
1473
Blackstone Mortgage Trust
BXMT
$2.46B
| $6.76M | 0.01% |
+280,537
| New | +$6.45M |
|
1474
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $6.75M | 0.01% |
+81,220
| New | +$6.72M |
|
|
PSB
1475
DELISTED
PS Business Parks, Inc.
PSB
| $6.75M | 0.01% |
50,952
-8,653
| -15% | -$1.11M |
|
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.