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 | |
|---|---|---|---|---|---|---|
1626
SolarEdge
SEDG
$2.54B
| $5.59M | 0.01% |
40,283
+30,861
| +328% | +$3.77M |
|
|
QIWI
1627
DELISTED
QIWI PLC
QIWI
| $5.59M | 0.01% |
322,541
+159,014
| +97% | +$2.16M |
|
1628
Viavi Solutions
VIAV
$9.17B
| $5.58M | 0.01% |
437,825
+336,259
| +331% | +$4.03M |
|
1629
Zillow
ZG
$8.08B
| $5.57M | 0.01% |
96,883
+61,084
| +171% | +$3.01M |
|
|
AGTC
1630
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $5.57M | 0.01% |
1,005,248
+181,260
| +22% | +$830K |
|
1631
BellRing Brands
BRBR
$1.49B
| $5.56M | 0.01% |
278,982
+140,522
| +101% | +$2.61M |
|
1632
Booz Allen Hamilton
BAH
$8.49B
| $5.56M | 0.01% |
71,497
-288,375
| -80% | -$21.8M |
|
|
CZR
1633
DELISTED
Caesars Entertainment Corporation
CZR
| $5.56M | 0.01% |
458,250
+74,178
| +19% | +$749K |
|
|
CLLS
1634
Cellectis
CLLS
$280M
| $5.55M | 0.01% |
312,043
+71,777
| +30% | +$1.09M |
|
1635
CALL
ON Semiconductor
ON
$31.4B
| $5.55M | 0.01% |
+280,000
| New | +$4.56M |
|
1636
Rockwell Automation
ROK
$53.8B
| $5.54M | 0.01% |
26,030
-89,657
| -77% | -$17.3M |
|
|
EFC
1637
Ellington Financial
EFC
$1.68B
| $5.54M | 0.01% |
470,045
-491,646
| -51% | -$4.99M |
|
1638
CALL
Aon
AON
$76.7B
| $5.53M | 0.01% |
+28,700
| New | +$5.35M |
|
1639
Kirby Corp
KEX
$6.99B
| $5.53M | 0.01% |
103,207
+80,621
| +357% | +$4.12M |
|
1640
CALL
Autodesk
ADSK
$50.3B
| $5.53M | 0.01% |
23,100
+13,200
| +133% | +$2.59M |
|
|
UFS
1641
DELISTED
DOMTAR CORPORATION (New)
UFS
| $5.52M | 0.01% |
261,403
-660,768
| -72% | -$14.3M |
|
|
GBIO
1642
DELISTED
Generation Bio
GBIO
| $5.51M | 0.01% |
+26,241
| New | +$5.85M |
|
1643
GrowGeneration
GRWG
$88.3M
| $5.5M | 0.01% |
804,853
+483,408
| +150% | +$2.66M |
|
|
PCPL.WS
1644
CALL
DELISTED
CC Neuberger Principal Holdings I Warrants, each whole warrant exercisable for one Class A ordinary
PCPL.WS
| $5.5M | 0.01% |
+546,573
| New | +$880K |
|
1645
Moody's
MCO
$84.3B
| $5.5M | 0.01% |
+20,022
| New | +$5.09M |
|
1646
XP
XP
$8.76B
| $5.49M | 0.01% |
130,707
+87,897
| +205% | +$2.7M |
|
1647
VanEck Gold Miners ETF
GDX
$22.7B
| $5.49M | 0.01% |
149,564
-133,187
| -47% | -$4.38M |
|
1648
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.7B
| $5.46M | 0.01% |
104,598
-494,039
| -83% | -$24.9M |
|
1649
CALL
Kimberly-Clark
KMB
$37B
| $5.46M | 0.01% |
+38,600
| New | +$5.33M |
|
|
CNST
1650
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $5.45M | 0.01% |
181,501
-234,467
| -56% | -$8.45M |
|
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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.