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 | |
|---|---|---|---|---|---|---|
2376
PUT
Fastenal
FAST
$54.7B
| $2.3M | ﹤0.01% |
+107,400
| New | +$2.05M |
|
|
CUTR
2377
DELISTED
Cutera, Inc.
CUTR
| $2.29M | ﹤0.01% |
188,616
+163,399
| +648% | +$2.15M |
|
|
NUAN
2378
DELISTED
Nuance Communications, Inc.
NUAN
| $2.29M | ﹤0.01% |
+90,437
| New | +$1.89M |
|
|
DMYT.U
2379
DELISTED
dMY Technology Group, Inc. Units, each consisting of one share of Class A Common Stock and one-half
DMYT.U
| $2.29M | ﹤0.01% |
216,219
-1,302,081
| -86% | -$13.1M |
|
2380
Criteo S.A. Ordinary Shares
CRTO
$1.1B
| $2.29M | ﹤0.01% |
200,638
-377,896
| -65% | -$3.97M |
|
2381
Donnelley Financial Solutions
DFIN
$1.16B
| $2.28M | ﹤0.01% |
271,735
+178,682
| +192% | +$1.29M |
|
2382
Freshpet
FRPT
$2.93B
| $2.28M | ﹤0.01% |
27,281
-63,816
| -70% | -$4.8M |
|
|
ALX
2383
Alexander's
ALX
$1.3B
| $2.28M | ﹤0.01% |
9,465
-748
| -7% | -$201K |
|
2384
Hain Celestial
HAIN
$45M
| $2.28M | ﹤0.01% |
+72,334
| New | +$2.09M |
|
2385
Nelnet
NNI
$4.88B
| $2.27M | ﹤0.01% |
47,637
+7,689
| +19% | +$360K |
|
2386
Pliant Therapeutics
PLRX
$64.4M
| $2.27M | ﹤0.01% |
+70,068
| New | +$1.86M |
|
|
NE
2387
DELISTED
Noble Corporation
NE
| $2.27M | ﹤0.01% |
7,068,079
+7,001,000
| +10,437% | +$1.8M |
|
2388
Marriott Vacations Worldwide
VAC
$3.35B
| $2.27M | ﹤0.01% |
27,558
+22,951
| +498% | +$1.87M |
|
2389
Inogen
INGN
$175M
| $2.26M | ﹤0.01% |
+63,610
| New | +$2.68M |
|
2390
SK Telecom
SKM
$12.1B
| $2.26M | ﹤0.01% |
+70,952
| New | +$2.19M |
|
2391
Ecovyst
ECVT
$1.32B
| $2.25M | ﹤0.01% |
+170,200
| New | +$2M |
|
2392
Merit Medical Systems
MMSI
$5.08B
| $2.24M | ﹤0.01% |
49,142
-56,166
| -53% | -$2.27M |
|
|
SPWR
2393
DELISTED
SunPower Corporation Common Stock
SPWR
| $2.24M | ﹤0.01% |
446,919
+381
| +0.1% | +$1.74K |
|
|
CS
2394
DELISTED
Credit Suisse Group
CS
| $2.24M | ﹤0.01% |
217,253
+56,029
| +35% | +$503K |
|
|
SHLL.U
2395
DELISTED
Tortoise Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-half
SHLL.U
| $2.24M | ﹤0.01% |
70,000
-130,000
| -65% | -$2.13M |
|
2396
Origin Bancorp
OBK
$1.69B
| $2.24M | ﹤0.01% |
101,709
+73,488
| +260% | +$1.51M |
|
2397
CALL
Relmada Therapeutics
RLMD
$557M
| $2.24M | ﹤0.01% |
+50,000
| New | +$2.11M |
|
|
VRTU
2398
DELISTED
Virtusa Corporation
VRTU
| $2.24M | ﹤0.01% |
68,919
-3,275
| -5% | -$101K |
|
2399
CALL
QuidelOrtho
QDEL
$1.14B
| $2.24M | ﹤0.01% |
+10,000
| New | +$1.57M |
|
|
KW
2400
DELISTED
Kennedy-Wilson Holdings
KW
| $2.23M | ﹤0.01% |
146,817
-97,350
| -40% | -$1.4M |
|
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.