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 | |
|---|---|---|---|---|---|---|
2301
CRH
CRH
$63.2B
| $2.56M | ﹤0.01% |
74,539
+16,209
| +28% | +$500K |
|
|
FLG
2302
Flagstar Bank National Association
FLG
$5.93B
| $2.56M | ﹤0.01% |
+83,547
| New | +$2.51M |
|
2303
BWX Technologies
BWXT
$15.5B
| $2.55M | ﹤0.01% |
45,099
-12,504
| -22% | -$699K |
|
2304
PUT
FedEx
FDX
$72.7B
| $2.55M | ﹤0.01% |
18,200
+400
| +2% | +$50.3K |
|
2305
First Trust Enhanced Short Maturity ETF
FTSM
$6.49B
| $2.55M | ﹤0.01% |
+42,500
| New | +$2.54M |
|
2306
Stagwell
STGW
$2.07B
| $2.55M | ﹤0.01% |
1,226,038
+1,190,268
| +3,328% | +$1.58M |
|
|
EXPCU
2307
DELISTED
Experience Investment Corp. Unit
EXPCU
| $2.55M | ﹤0.01% |
250,000
-100
| -0% | -$1K |
|
2308
CALL
Applied Materials
AMAT
$403B
| $2.54M | ﹤0.01% |
42,100
-40,100
| -49% | -$2.16M |
|
2309
CALL
Abbott
ABT
$183B
| $2.54M | ﹤0.01% |
27,800
-279,900
| -91% | -$25.3M |
|
|
LTC
2310
LTC Properties
LTC
$2.06B
| $2.54M | ﹤0.01% |
67,399
-260,107
| -79% | -$9.26M |
|
|
WW
2311
PUT
DELISTED
WW International
WW
| $2.54M | ﹤0.01% |
+100,000
| New | +$2.33M |
|
2312
Pinnacle West Capital
PNW
$12.2B
| $2.53M | ﹤0.01% |
34,530
-186
| -0.5% | -$14K |
|
2313
CALL
General Motors
GM
$80.4B
| $2.53M | ﹤0.01% |
100,000
+74,500
| +292% | +$1.81M |
|
|
ALUS
2314
DELISTED
Alussa Energy Acquisition Corp
ALUS
| $2.53M | ﹤0.01% |
256,640
-146,509
| -36% | -$1.43M |
|
|
RVI
2315
DELISTED
Retail Value Inc. Common Shares
RVI
| $2.52M | ﹤0.01% |
+2,223,953
| New | +$2.52M |
|
2316
Mustang Bio
MBIO
$4.32M
| $2.52M | ﹤0.01% |
1,058
+1,017
| +2,480% | +$2.38M |
|
|
PLYA
2317
DELISTED
Playa Hotels & Resorts
PLYA
| $2.52M | ﹤0.01% |
696,769
+283,081
| +68% | +$767K |
|
|
CHNG
2318
CALL
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $2.52M | ﹤0.01% |
+225,000
| New | +$2.53M |
|
|
AZEK
2319
DELISTED
The AZEK Co
AZEK
| $2.52M | ﹤0.01% |
+78,986
| New | +$2.4M |
|
2320
PUT
Apollo Global Management
APO
$72.4B
| $2.5M | ﹤0.01% |
+50,100
| New | +$2.2M |
|
2321
Barings BDC
BBDC
$864M
| $2.49M | ﹤0.01% |
313,922
-211,888
| -40% | -$1.52M |
|
2322
Boyd Gaming
BYD
$6.18B
| $2.48M | ﹤0.01% |
+118,847
| New | +$2.17M |
|
|
DCOM
2323
DELISTED
Dime Community Bancshares
DCOM
| $2.48M | ﹤0.01% |
180,741
-149,540
| -45% | -$2.17M |
|
2324
Interface
TILE
$1.99B
| $2.48M | ﹤0.01% |
+304,207
| New | +$2.58M |
|
|
BKCC
2325
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $2.47M | ﹤0.01% |
925,836
+397,012
| +75% | +$1.06M |
|
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.