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 | |
|---|---|---|---|---|---|---|
2001
Robert Half
RHI
$3.87B
| $3.68M | 0.01% |
69,684
+27,550
| +65% | +$1.31M |
|
2002
Wolfspeed
WOLF
$1.23B
| $3.68M | 0.01% |
+62,154
| New | +$2.99M |
|
|
AIMT
2003
DELISTED
Aimmune Therapeutics
AIMT
| $3.68M | 0.01% |
220,159
-211,082
| -49% | -$3.58M |
|
2004
CALL
MetLife
MET
$61.9B
| $3.68M | 0.01% |
+100,700
| New | +$3.51M |
|
|
FUSN
2005
DELISTED
Fusion Pharmaceuticals Inc. Common Shares
FUSN
| $3.68M | 0.01% |
+210,501
| New | +$3.67M |
|
|
OYST
2006
DELISTED
Oyster Point Pharma, Inc. Common Stock
OYST
| $3.68M | 0.01% |
127,310
+120,898
| +1,885% | +$3.64M |
|
|
CBD
2007
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $3.68M | 0.01% |
281,246
-25,762
| -8% | -$311K |
|
|
DPHCW
2008
CALL
DELISTED
DiamondPeak Holdings Corp. Warrant
DPHCW
| $3.67M | 0.01% |
333,333
| – | – |
|
|
TWNK
2009
CALL
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $3.67M | 0.01% |
300,000
| – | – |
|
|
AVTA
2010
DELISTED
Avantax, Inc. Common Stock
AVTA
| $3.66M | 0.01% |
320,530
+290,274
| +959% | +$3.64M |
|
|
ZYXI
2011
DELISTED
Zynex
ZYXI
| $3.66M | 0.01% |
+161,729
| New | +$2.71M |
|
2012
Primoris Services
PRIM
$4.58B
| $3.65M | 0.01% |
+205,656
| New | +$3.24M |
|
2013
PUT
Angi Inc
ANGI
$229M
| $3.65M | 0.01% |
+30,000
| New | +$2.73M |
|
2014
CALL
Masco
MAS
$14.1B
| $3.65M | 0.01% |
72,600
+47,900
| +194% | +$2.08M |
|
2015
PUT
ASML
ASML
$626B
| $3.64M | 0.01% |
9,900
| – | – |
|
|
2016
PUT
MetLife
MET
$61.9B
| $3.64M | 0.01% |
99,700
-290,100
| -74% | -$10.1M |
|
2017
CALL
Becton Dickinson
BDX
$45.6B
| $3.64M | 0.01% |
15,580
+205
| +1% | +$49.4K |
|
2018
PUT
Archer Daniels Midland
ADM
$38.2B
| $3.62M | 0.01% |
90,700
+22,800
| +34% | +$853K |
|
2019
Edgewell Personal Care
EPC
$1.25B
| $3.62M | 0.01% |
116,049
+63,276
| +120% | +$1.77M |
|
|
LCAHW
2020
CALL
DELISTED
Landcadia Holdings II, Inc. Warrant
LCAHW
| $3.61M | 0.01% |
220,960
-79,040
| -26% | -$56.9K |
|
2021
H.B. Fuller
FUL
$2.97B
| $3.61M | ﹤0.01% |
80,868
-112,674
| -58% | -$4.09M |
|
2022
CALL
Stryker
SYK
$125B
| $3.6M | ﹤0.01% |
+20,000
| New | +$3.69M |
|
|
2023
PUT
Stryker
SYK
$125B
| $3.6M | ﹤0.01% |
20,000
+12,500
| +167% | +$2.31M |
|
2024
Monarch Casino & Resort
MCRI
$2.2B
| $3.6M | ﹤0.01% |
105,684
-199,631
| -65% | -$6.61M |
|
|
CPAAU
2025
DELISTED
Conyers Park II Acquisition Corp. Unit
CPAAU
| $3.6M | ﹤0.01% |
300,000
| – | – |
|
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.