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 | |
|---|---|---|---|---|---|---|
|
AHRT
2051
AH Realty Trust
AHRT
$529M
| $3.48M | ﹤0.01% |
349,400
+191,959
| +122% | +$1.74M |
|
|
HYACW
2052
CALL
DELISTED
Haymaker Acquisition Corp. II Warrant
HYACW
| $3.48M | ﹤0.01% |
335,953
-63,880
| -16% | -$73.5K |
|
2053
Midland States Bancorp
MSBI
$699M
| $3.47M | ﹤0.01% |
232,071
+190,628
| +460% | +$2.93M |
|
2054
Standex International
SXI
$3.59B
| $3.46M | ﹤0.01% |
60,049
+51,521
| +604% | +$2.61M |
|
2055
Saia
SAIA
$9.27B
| $3.46M | ﹤0.01% |
+31,078
| New | +$2.98M |
|
2056
PUT
Public Storage
PSA
$60.5B
| $3.45M | ﹤0.01% |
18,000
-9,000
| -33% | -$1.74M |
|
|
HCACU
2057
DELISTED
Hennessy Capital Acquisition Corp. IV Unit
HCACU
| $3.45M | ﹤0.01% |
300,000
| – | – |
|
|
AVDL
2058
DELISTED
Avadel Pharmaceuticals
AVDL
| $3.45M | ﹤0.01% |
426,881
-28,015
| -6% | -$247K |
|
2059
JELD-WEN Holding
JELD
$122M
| $3.44M | ﹤0.01% |
+213,630
| New | +$2.82M |
|
2060
Upbound Group
UPBD
$1.13B
| $3.44M | ﹤0.01% |
+123,642
| New | +$2.75M |
|
|
GDEN
2061
DELISTED
Golden Entertainment
GDEN
| $3.44M | ﹤0.01% |
385,347
+256,448
| +199% | +$2.39M |
|
|
GHIVU
2062
DELISTED
Gores Holdings IV, Inc. Unit
GHIVU
| $3.43M | ﹤0.01% |
329,900
-1,730,000
| -84% | -$17.8M |
|
2063
Televisa
TV
$1.48B
| $3.43M | ﹤0.01% |
654,290
+20,813
| +3% | +$115K |
|
|
ARR
2064
Armour Residential REIT
ARR
$2.33B
| $3.42M | ﹤0.01% |
72,913
+68,983
| +1,755% | +$2.89M |
|
2065
Vicor
VICR
$9.56B
| $3.42M | ﹤0.01% |
47,555
+26,018
| +121% | +$1.46M |
|
|
MASI
2066
CALL
DELISTED
Masimo
MASI
| $3.42M | ﹤0.01% |
15,000
+2,000
| +15% | +$439K |
|
2067
CALL
Quest Diagnostics
DGX
$25.7B
| $3.42M | ﹤0.01% |
+30,000
| New | +$3.18M |
|
2068
Selective Insurance
SIGI
$5.65B
| $3.41M | ﹤0.01% |
64,710
-66,539
| -51% | -$3.37M |
|
2069
Greif
GEF
$4.92B
| $3.4M | ﹤0.01% |
98,941
-90,111
| -48% | -$2.96M |
|
2070
Regeneron Pharmaceuticals
REGN
$78.5B
| $3.4M | ﹤0.01% |
5,446
-87,934
| -94% | -$49.9M |
|
|
IGMS
2071
DELISTED
IGM Biosciences
IGMS
| $3.39M | ﹤0.01% |
46,445
+37,283
| +407% | +$2.27M |
|
2072
Tootsie Roll Industries
TR
$2.93B
| $3.39M | ﹤0.01% |
118,097
+102,810
| +673% | +$3.05M |
|
|
NSTG
2073
DELISTED
NanoString Technologies, Inc.
NSTG
| $3.39M | ﹤0.01% |
+115,381
| New | +$3.44M |
|
2074
NiSource
NI
$21.3B
| $3.38M | ﹤0.01% |
148,473
-979,197
| -87% | -$23.6M |
|
2075
CALL
Biogen
BIIB
$30B
| $3.37M | ﹤0.01% |
+12,600
| New | +$3.79M |
|
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.