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 | |
|---|---|---|---|---|---|---|
2026
CALL
CONMED
CNMD
$1.39B
| $3.6M | ﹤0.01% |
+50,000
| New | +$3.48M |
|
2027
Compugen
CGEN
$222M
| $3.59M | ﹤0.01% |
239,059
+106,609
| +80% | +$1.44M |
|
2028
AngioDynamics
ANGO
$611M
| $3.59M | ﹤0.01% |
+352,977
| New | +$3.64M |
|
2029
Carriage Services
CSV
$641M
| $3.59M | ﹤0.01% |
198,062
-79,485
| -29% | -$1.34M |
|
|
WRI
2030
DELISTED
Weingarten Realty Investors
WRI
| $3.58M | ﹤0.01% |
189,101
-225,166
| -54% | -$3.94M |
|
2031
Green Brick Partners
GRBK
$3.04B
| $3.57M | ﹤0.01% |
301,212
+280,926
| +1,385% | +$2.69M |
|
2032
Teck Resources
TECK
$29.6B
| $3.57M | ﹤0.01% |
342,424
-113,291
| -25% | -$1.04M |
|
|
MIME
2033
DELISTED
Mimecast Limited
MIME
| $3.56M | ﹤0.01% |
85,481
-203,476
| -70% | -$7.99M |
|
2034
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.42B
| $3.55M | ﹤0.01% |
+100,000
| New | +$3.23M |
|
2035
iShares National Muni Bond ETF
MUB
$45.1B
| $3.55M | ﹤0.01% |
+30,755
| New | +$3.49M |
|
2036
Webster Financial
WBS
$12.5B
| $3.55M | ﹤0.01% |
123,937
-478,175
| -79% | -$12.7M |
|
|
SPLK
2037
PUT
DELISTED
Splunk Inc
SPLK
| $3.54M | ﹤0.01% |
+17,800
| New | +$2.82M |
|
|
LADR
2038
Ladder Capital
LADR
$1.21B
| $3.53M | ﹤0.01% |
436,271
-1,386,235
| -76% | -$10.4M |
|
2039
CALL
Honeywell
HON
$77B
| $3.53M | ﹤0.01% |
25,888
+18,461
| +249% | +$2.44M |
|
2040
Tactile Systems Technology
TCMD
$635M
| $3.53M | ﹤0.01% |
+85,161
| New | +$3.99M |
|
|
KBAL
2041
DELISTED
Kimball International
KBAL
| $3.5M | ﹤0.01% |
+302,655
| New | +$3.46M |
|
2042
National Fuel Gas
NFG
$7.82B
| $3.5M | ﹤0.01% |
83,378
-62,986
| -43% | -$2.57M |
|
2043
Host Hotels & Resorts
HST
$17.2B
| $3.49M | ﹤0.01% |
+323,802
| New | +$3.72M |
|
|
EB
2044
DELISTED
Eventbrite
EB
| $3.49M | ﹤0.01% |
407,561
+322,093
| +377% | +$2.84M |
|
2045
Camden Property Trust
CPT
$11B
| $3.49M | ﹤0.01% |
38,226
-744,821
| -95% | -$65.9M |
|
2046
PUT
General Dynamics
GD
$104B
| $3.48M | ﹤0.01% |
23,300
+11,700
| +101% | +$1.65M |
|
2047
AC Immune
ACIU
$223M
| $3.48M | ﹤0.01% |
517,236
-8,443
| -2% | -$61.4K |
|
2048
First Financial Bankshares
FFIN
$5.04B
| $3.48M | ﹤0.01% |
120,433
-155,559
| -56% | -$4.37M |
|
|
TBCH
2049
Turtle Beach Corp
TBCH
$243M
| $3.48M | ﹤0.01% |
236,372
+169,677
| +254% | +$1.75M |
|
2050
G-III Apparel Group
GIII
$1.54B
| $3.48M | ﹤0.01% |
261,717
-862,923
| -77% | -$9.53M |
|
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.