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 | |
|---|---|---|---|---|---|---|
|
VBTX
2201
DELISTED
Veritex Holdings
VBTX
| $2.9M | ﹤0.01% |
164,146
-332,072
| -67% | -$5.39M |
|
2202
CALL
Old Dominion Freight Line
ODFL
$44.1B
| $2.9M | ﹤0.01% |
+34,200
| New | +$2.6M |
|
|
HOUS
2203
DELISTED
Anywhere Real Estate
HOUS
| $2.9M | ﹤0.01% |
391,172
+323,141
| +475% | +$1.67M |
|
2204
Motorcar Parts of America
MPAA
$254M
| $2.9M | ﹤0.01% |
+164,088
| New | +$2.32M |
|
2205
Strategic Education
STRA
$1.85B
| $2.9M | ﹤0.01% |
18,868
+17,127
| +984% | +$2.67M |
|
|
STFC
2206
DELISTED
State Auto Financial Corp
STFC
| $2.9M | ﹤0.01% |
162,347
+121,589
| +298% | +$2.61M |
|
2207
Pilgrim's Pride
PPC
$6.51B
| $2.89M | ﹤0.01% |
171,159
-119,174
| -41% | -$2.32M |
|
|
AERI
2208
DELISTED
Aerie Pharmaceuticals
AERI
| $2.89M | ﹤0.01% |
+195,770
| New | +$2.9M |
|
2209
Viking Therapeutics
VKTX
$3.7B
| $2.89M | ﹤0.01% |
400,694
+353,447
| +748% | +$2.35M |
|
2210
NextCure
NXTC
$16.9M
| $2.89M | ﹤0.01% |
11,224
+5,914
| +111% | +$2.25M |
|
2211
CALL
Digital Realty Trust
DLR
$69.7B
| $2.88M | ﹤0.01% |
+20,300
| New | +$2.87M |
|
2212
UnitedHealth
UNH
$376B
| $2.88M | ﹤0.01% |
9,774
-205,520
| -95% | -$58.9M |
|
2213
PUT
Vanguard Real Estate ETF
VNQ
$39.2B
| $2.88M | ﹤0.01% |
+36,700
| New | +$2.78M |
|
2214
Arbor Realty Trust
ABR
$964M
| $2.88M | ﹤0.01% |
311,797
-1,035,420
| -77% | -$7.97M |
|
2215
PUT
Herbalife
HLF
$1.29B
| $2.87M | ﹤0.01% |
+63,800
| New | +$2.48M |
|
2216
CALL
GE Aerospace
GE
$374B
| $2.87M | ﹤0.01% |
88,481
+4,454
| +5% | +$150K |
|
2217
Intellia Therapeutics
NTLA
$1.49B
| $2.87M | ﹤0.01% |
+136,425
| New | +$2.32M |
|
2218
CALL
Alcon
ALC
$33.6B
| $2.87M | ﹤0.01% |
50,000
+10,000
| +25% | +$566K |
|
|
APTX
2219
DELISTED
Aptinyx Inc. Common Stock
APTX
| $2.87M | ﹤0.01% |
687,310
+362,044
| +111% | +$1.23M |
|
2220
CALL
Globus Medical
GMED
$10.7B
| $2.86M | ﹤0.01% |
+60,000
| New | +$2.89M |
|
2221
Gaotu Techedu
GOTU
$434M
| $2.86M | ﹤0.01% |
47,655
-294,535
| -86% | -$11.7M |
|
|
DFNS.WS
2222
CALL
DELISTED
LGL Systems Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for shares of Clas
DFNS.WS
| $2.86M | ﹤0.01% |
+288,250
| New | +$163K |
|
2223
Northern Oil and Gas
NOG
$2.3B
| $2.86M | ﹤0.01% |
340,459
+277,351
| +439% | +$2.37M |
|
2224
Coeur Mining
CDE
$15.4B
| $2.85M | ﹤0.01% |
562,090
+258,948
| +85% | +$1.18M |
|
|
NOVA
2225
DELISTED
Sunnova Energy
NOVA
| $2.85M | ﹤0.01% |
+167,128
| New | +$2.37M |
|
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.