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 | |
|---|---|---|---|---|---|---|
|
GHIVW
1826
CALL
DELISTED
Gores Holdings IV, Inc. Warrant
GHIVW
| $4.51M | 0.01% |
+444,875
| New | +$651K |
|
1827
Mesa Laboratories
MLAB
$564M
| $4.51M | 0.01% |
+20,792
| New | +$4.79M |
|
1828
ATI
ATI
$25.6B
| $4.51M | 0.01% |
442,317
+13,927
| +3% | +$121K |
|
1829
Commercial Metals
CMC
$7.6B
| $4.51M | 0.01% |
220,903
-778,238
| -78% | -$13.3M |
|
1830
CALL
United States Oil Fund
USO
$2.15B
| $4.51M | 0.01% |
160,600
-1,900
| -1% | -$52K |
|
1831
Karyopharm Therapeutics
KPTI
$43.5M
| $4.5M | 0.01% |
+15,846
| New | +$4.69M |
|
1832
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $4.5M | 0.01% |
72,349
+66,608
| +1,160% | +$4.14M |
|
|
ARGO
1833
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $4.5M | 0.01% |
+129,193
| New | +$4.31M |
|
|
PRNB
1834
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $4.5M | 0.01% |
75,244
-5,240
| -7% | -$324K |
|
|
CTRA
1835
PUT
DELISTED
Coterra Energy
CTRA
| $4.49M | 0.01% |
261,500
+66,900
| +34% | +$1.3M |
|
1836
McGrath RentCorp
MGRC
$2.81B
| $4.48M | 0.01% |
82,919
+69,958
| +540% | +$3.75M |
|
1837
Ball Corp
BALL
$17.3B
| $4.48M | 0.01% |
64,410
-102,592
| -61% | -$6.93M |
|
|
AVPTW
1838
CALL
DELISTED
AvePoint Inc Warrant
AVPTW
| $4.47M | 0.01% |
436,900
-13,000
| -3% | -$16.5K |
|
1839
Watts Water Technologies
WTS
$11.5B
| $4.47M | 0.01% |
55,226
+17,454
| +46% | +$1.41M |
|
1840
Santander
BSBR
$42.5B
| $4.47M | 0.01% |
894,282
+124,316
| +16% | +$600K |
|
1841
CALL
Domino's
DPZ
$11.5B
| $4.47M | 0.01% |
12,100
-1,300
| -10% | -$479K |
|
1842
PUT
Blackrock
BLK
$169B
| $4.46M | 0.01% |
+8,200
| New | +$4.14M |
|
1843
Healthcare Realty
HR
$7.28B
| $4.46M | 0.01% |
168,225
-380,576
| -69% | -$9.75M |
|
|
KZR
1844
DELISTED
Kezar Life Sciences
KZR
| $4.45M | 0.01% |
85,888
+72,719
| +552% | +$3.67M |
|
1845
Victory Capital Holdings
VCTR
$6.19B
| $4.45M | 0.01% |
258,838
+70,612
| +38% | +$1.11M |
|
1846
RPM International
RPM
$13.7B
| $4.45M | 0.01% |
+59,258
| New | +$4.12M |
|
|
STOR
1847
DELISTED
STORE Capital Corporation
STOR
| $4.44M | 0.01% |
186,441
-550,125
| -75% | -$11M |
|
1848
DHT Holdings
DHT
$2.99B
| $4.44M | 0.01% |
865,157
+210,675
| +32% | +$1.34M |
|
1849
DXC Technology
DXC
$1.82B
| $4.44M | 0.01% |
268,960
-159,825
| -37% | -$2.54M |
|
1850
PUT
SPDR Gold Trust
GLD
$131B
| $4.43M | 0.01% |
+26,500
| New | +$4.27M |
|
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.