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 | |
|---|---|---|---|---|---|---|
|
GAP
1526
CALL
The Gap Inc
GAP
$7.26B
| $6.31M | 0.01% |
500,000
+487,500
| +3,900% | +$4.39M |
|
1527
Tennant Co
TNC
$1.46B
| $6.31M | 0.01% |
97,027
+57,451
| +145% | +$3.49M |
|
|
SGI
1528
Somnigroup International
SGI
$14B
| $6.31M | 0.01% |
350,584
-42,024
| -11% | -$603K |
|
|
MAXR
1529
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $6.3M | 0.01% |
350,708
-232,985
| -40% | -$3.01M |
|
|
SNV
1530
DELISTED
Synovus
SNV
| $6.28M | 0.01% |
305,885
-183,506
| -37% | -$3.55M |
|
1531
Capitol Federal Financial
CFFN
$1.12B
| $6.28M | 0.01% |
570,304
+362,405
| +174% | +$4.15M |
|
1532
AXIS Capital
AXS
$7.69B
| $6.28M | 0.01% |
154,767
-101,444
| -40% | -$3.91M |
|
1533
PUT
Capital One
COF
$133B
| $6.26M | 0.01% |
100,000
-141,700
| -59% | -$8.83M |
|
1534
Dorman Products
DORM
$3.78B
| $6.23M | 0.01% |
92,822
-21,321
| -19% | -$1.37M |
|
1535
Sinclair Inc
SBGI
$1B
| $6.22M | 0.01% |
336,929
-530,685
| -61% | -$9.21M |
|
1536
Hilltop Holdings
HTH
$2.28B
| $6.2M | 0.01% |
336,228
-85,458
| -20% | -$1.47M |
|
|
MEET
1537
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $6.2M | 0.01% |
993,008
+789,951
| +389% | +$4.86M |
|
1538
Magnachip Semiconductor
MX
$125M
| $6.18M | 0.01% |
+600,311
| New | +$6.69M |
|
|
JIH.U
1539
DELISTED
Juniper Industrial Holdings, Inc. Units, each consisting of one share of Class A common stock, $0.00
JIH.U
| $6.18M | 0.01% |
600,000
-275,000
| -31% | -$2.77M |
|
1540
The Ensign Group
ENSG
$10.4B
| $6.17M | 0.01% |
147,402
-289,185
| -66% | -$11.5M |
|
1541
CALL
BioMarin Pharmaceuticals
BMRN
$11.6B
| $6.17M | 0.01% |
+50,000
| New | +$4.97M |
|
1542
ONE Gas
OGS
$4.92B
| $6.16M | 0.01% |
79,955
-131,676
| -62% | -$10.6M |
|
|
AL
1543
DELISTED
Air Lease Corp
AL
| $6.14M | 0.01% |
209,805
+196,661
| +1,496% | +$5.25M |
|
1544
PUT
Delta Air Lines
DAL
$59.8B
| $6.14M | 0.01% |
218,900
-145,900
| -40% | -$3.71M |
|
1545
Arcos Dorados Holdings
ARCO
$1.74B
| $6.11M | 0.01% |
1,499,767
+1,269,711
| +552% | +$4.74M |
|
1546
Sphere Entertainment
SPHR
$5.26B
| $6.11M | 0.01% |
+81,510
| New | +$6.26M |
|
1547
State Street Communication Services Select Sector SPDR ETF
XLC
$22.4B
| $6.11M | 0.01% |
113,076
-113,396
| -50% | -$5.82M |
|
1548
VanEck Oil Services ETF
OIH
$1.89B
| $6.11M | 0.01% |
50,107
+620
| +1% | +$69.4K |
|
1549
Ultrapar
UGP
$6.93B
| $6.1M | 0.01% |
1,800,464
+1,433,958
| +391% | +$4.22M |
|
|
1550
PUT
VanEck Oil Services ETF
OIH
$1.89B
| $6.09M | 0.01% |
50,000
| – | – |
|
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.