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 | |
|---|---|---|---|---|---|---|
2326
Dell
DELL
$262B
| $2.47M | ﹤0.01% |
+88,653
| New | +$1.99M |
|
2327
CALL
Bunge Global
BG
$20.4B
| $2.47M | ﹤0.01% |
60,000
| – | – |
|
|
BFYT
2328
CALL
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $2.46M | ﹤0.01% |
+120,000
| New | +$2.55M |
|
|
ALTR
2329
DELISTED
Altair Engineering Inc
ALTR
| $2.45M | ﹤0.01% |
+61,744
| New | +$2.1M |
|
|
NETI
2330
DELISTED
Eneti Inc.
NETI
| $2.45M | ﹤0.01% |
+160,272
| New | +$3.14M |
|
|
LORL
2331
DELISTED
Loral Space and Communications, Inc.
LORL
| $2.45M | ﹤0.01% |
125,612
+110,258
| +718% | +$2.06M |
|
2332
Cinemark Holdings
CNK
$4.24B
| $2.45M | ﹤0.01% |
211,744
-82,600
| -28% | -$1.12M |
|
2333
Western Alliance Bancorporation
WAL
$8.79B
| $2.45M | ﹤0.01% |
64,589
+42,870
| +197% | +$1.5M |
|
|
CELUW
2334
CALL
DELISTED
Celularity Inc
CELUW
| $2.44M | ﹤0.01% |
239,000
-61,000
| -20% | -$40.2K |
|
2335
Ardelyx
ARDX
$1.22B
| $2.44M | ﹤0.01% |
351,867
+260,320
| +284% | +$1.81M |
|
|
CORE
2336
DELISTED
Core Mark Holding Co., Inc.
CORE
| $2.43M | ﹤0.01% |
97,484
+23,306
| +31% | +$624K |
|
|
SC
2337
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $2.43M | ﹤0.01% |
131,984
+39,478
| +43% | +$639K |
|
2338
TriCo Bancshares
TCBK
$1.84B
| $2.42M | ﹤0.01% |
79,655
+17,222
| +28% | +$491K |
|
2339
Century Casinos
CNTY
$34M
| $2.42M | ﹤0.01% |
+583,343
| New | +$2.45M |
|
2340
iShares S&P 500 Value ETF
IVE
$49B
| $2.42M | ﹤0.01% |
+22,367
| New | +$2.37M |
|
2341
AppFolio
APPF
$6.38B
| $2.42M | ﹤0.01% |
+14,867
| New | +$1.95M |
|
2342
CALL
Mettler-Toledo International
MTD
$28.6B
| $2.42M | ﹤0.01% |
3,000
+100
| +3% | +$74.4K |
|
|
OTIC
2343
DELISTED
Otonomy, Inc.
OTIC
| $2.4M | ﹤0.01% |
664,265
+291,941
| +78% | +$760K |
|
2344
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $2.4M | ﹤0.01% |
22,009
+13,947
| +173% | +$1.44M |
|
2345
Dine Brands
DIN
$456M
| $2.4M | ﹤0.01% |
57,039
-85,584
| -60% | -$3.45M |
|
|
HHR
2346
DELISTED
HeadHunter Group PLC American Depositary Shares
HHR
| $2.4M | ﹤0.01% |
102,699
+81,251
| +379% | +$1.52M |
|
|
FFG
2347
DELISTED
FBL Financial Group
FFG
| $2.39M | ﹤0.01% |
66,644
+54,082
| +431% | +$1.99M |
|
2348
CALL
Petrobras
PBR
$125B
| $2.39M | ﹤0.01% |
+288,700
| New | +$2.09M |
|
2349
Grupo Aeroportuario del Sureste
ASR
$8.27B
| $2.38M | ﹤0.01% |
21,226
-16,207
| -43% | -$1.72M |
|
2350
PDF Solutions
PDFS
$1.93B
| $2.38M | ﹤0.01% |
121,841
+16,159
| +15% | +$263K |
|
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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.