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 | |
|---|---|---|---|---|---|---|
1976
Zions Bancorporation
ZION
$10.2B
| $3.78M | 0.01% |
111,162
-404,468
| -78% | -$12.8M |
|
|
LAND
1977
Gladstone Land Corp
LAND
$350M
| $3.78M | 0.01% |
238,126
+124,914
| +110% | +$1.75M |
|
1978
Ryman Hospitality Properties
RHP
$8.43B
| $3.78M | 0.01% |
109,127
+13,715
| +14% | +$455K |
|
1979
First Citizens BancShares
FCNCA
$24.9B
| $3.77M | 0.01% |
9,320
+7,188
| +337% | +$2.63M |
|
|
HI
1980
DELISTED
Hillenbrand
HI
| $3.77M | 0.01% |
139,196
+67,601
| +94% | +$1.53M |
|
|
GWB
1981
DELISTED
Great Western Bancorp, Inc.
GWB
| $3.77M | 0.01% |
273,709
+241,531
| +751% | +$3.83M |
|
1982
CALL
Aecom
ACM
$9.3B
| $3.76M | 0.01% |
100,000
+80,900
| +424% | +$2.9M |
|
|
HCCOW
1983
CALL
DELISTED
Healthcare Merger Corp. Warrants
HCCOW
| $3.76M | 0.01% |
375,000
| – | – |
|
1984
KALA BIO
KALA
$14.1M
| $3.75M | 0.01% |
143
-194
| -58% | -$5.5M |
|
|
PR
1985
Permian Resources
PR
$17.8B
| $3.75M | 0.01% |
4,210,543
+3,657,028
| +661% | +$3.22M |
|
1986
SLM Corp
SLM
$4.89B
| $3.75M | 0.01% |
+532,663
| New | +$3.98M |
|
1987
Illumina
ILMN
$31B
| $3.74M | 0.01% |
+10,383
| New | +$3.34M |
|
1988
Brink's
BCO
$4.88B
| $3.74M | 0.01% |
82,134
-5,628
| -6% | -$256K |
|
1989
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $3.74M | 0.01% |
+22,800
| New | +$3.75M |
|
1990
Viasat
VSAT
$10.6B
| $3.74M | 0.01% |
97,415
+75,947
| +354% | +$3.09M |
|
|
ALE
1991
DELISTED
Allete
ALE
| $3.73M | 0.01% |
68,344
+51,484
| +305% | +$2.92M |
|
1992
CALL
Northrop Grumman
NOC
$77.1B
| $3.72M | 0.01% |
12,100
-800
| -6% | -$262K |
|
1993
Accenture
ACN
$102B
| $3.72M | 0.01% |
17,305
-113,870
| -87% | -$21.5M |
|
1994
UBS Group
UBS
$173B
| $3.7M | 0.01% |
320,954
+219,336
| +216% | +$2.26M |
|
1995
iShares Russell 1000 ETF
IWB
$48.2B
| $3.7M | 0.01% |
+21,568
| New | +$3.49M |
|
1996
Kemper
KMPR
$1.67B
| $3.7M | 0.01% |
50,989
-50,565
| -50% | -$3.38M |
|
1997
CALL
Sherwin-Williams
SHW
$82.7B
| $3.7M | 0.01% |
+19,200
| New | +$3.46M |
|
|
KIN
1998
DELISTED
Kindred Biosciences, Inc.
KIN
| $3.69M | 0.01% |
+821,752
| New | +$3.67M |
|
1999
Hormel Foods
HRL
$13.8B
| $3.68M | 0.01% |
+76,282
| New | +$3.64M |
|
|
NBSE
2000
DELISTED
NeuBase Therapeutics, Inc. Common Stock
NBSE
| $3.68M | 0.01% |
20,966
+19,794
| +1,689% | +$3.31M |
|
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.