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 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$190M |
| 2 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$178M |
| 3 |
Meta Platforms (Facebook)
META
|
+$172M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$169M |
| 5 |
Microsoft
MSFT
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$278M |
| 2 |
Intel
INTC
|
+$223M |
| 3 |
PPLI
People Inc
PPLI
|
+$210M |
| 4 |
Mastercard
MA
|
+$210M |
| 5 |
Honeywell
HON
|
+$188M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 8.4% |
| 2 | Consumer Discretionary | 6.7% |
| 3 | Technology | 6.04% |
| 4 | Industrials | 5.81% |
| 5 | Financials | 5.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
ArcBest
ARCB
$3.07B
| $2.2K | ﹤0.01% |
70,956
+60,483
| +578% | +$1.88M |
|
|
SMMCU
2477
DELISTED
South Mountain Merger Corp. Unit
SMMCU
| $2.2K | ﹤0.01% |
200,100
| – | – |
|
2478
Mativ Holdings
MATV
$500M
| $2.2K | ﹤0.01% |
72,378
+21,871
| +43% | +$687K |
|
2479
CALL
S&P Global
SPGI
$123B
| $2.2K | ﹤0.01% |
6,100
-400
| -6% | -$141K |
|
2480
Sanmina
SANM
$10.4B
| $2.2K | ﹤0.01% |
81,308
-298,796
| -79% | -$8.13M |
|
|
FUSN
2481
DELISTED
Fusion Pharmaceuticals Inc. Common Shares
FUSN
| $2.2K | ﹤0.01% |
182,712
-27,789
| -13% | -$380K |
|
2482
Vornado Realty Trust
VNO
$7.51B
| $2.19K | ﹤0.01% |
65,106
-173,449
| -73% | -$6.18M |
|
2483
Corcept Therapeutics
CORT
$12.2B
| $2.19K | ﹤0.01% |
125,895
-437,595
| -78% | -$6.97M |
|
2484
Stellantis
STLA
$22.1B
| $2.19K | ﹤0.01% |
179,226
-17,566
| -9% | -$196K |
|
|
ABB
2485
DELISTED
ABB Ltd
ABB
| $2.19K | ﹤0.01% |
85,920
-9,809
| -10% | -$250K |
|
|
GPMT
2486
Granite Point Mortgage Trust
GPMT
$69.5M
| $2.18K | ﹤0.01% |
307,999
+147,621
| +92% | +$995K |
|
|
STOR
2487
DELISTED
STORE Capital Corporation
STOR
| $2.18K | ﹤0.01% |
79,428
-107,013
| -57% | -$2.72M |
|
2488
Central Pacific Financial
CPF
$1.02B
| $2.17K | ﹤0.01% |
159,975
-276,582
| -63% | -$4.19M |
|
2489
KALA BIO
KALA
$15.1M
| $2.17K | ﹤0.01% |
116
-27
| -19% | -$621K |
|
2490
PUT
iShares Silver Trust
SLV
$28.8B
| $2.16K | ﹤0.01% |
+100,000
| New | +$2.27M |
|
2491
CALL
Relmada Therapeutics
RLMD
$556M
| $2.16K | ﹤0.01% |
57,500
+7,500
| +15% | +$290K |
|
|
EFOR
2492
Everforth Inc
EFOR
$1.26B
| $2.16K | ﹤0.01% |
+34,013
| New | +$2.34M |
|
2493
iShares MSCI Indonesia ETF
EIDO
$494M
| $2.16K | ﹤0.01% |
+125,196
| New | +$2.36M |
|
|
PSB
2494
DELISTED
PS Business Parks, Inc.
PSB
| $2.15K | ﹤0.01% |
17,610
-33,342
| -65% | -$4.3M |
|
2495
Skywest
SKYW
$4.42B
| $2.15K | ﹤0.01% |
72,079
-49,847
| -41% | -$1.55M |
|
|
ODT
2496
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $2.15K | ﹤0.01% |
160,073
+153,813
| +2,457% | +$4.36M |
|
|
OTIC
2497
DELISTED
Otonomy, Inc.
OTIC
| $2.15K | ﹤0.01% |
529,873
-134,392
| -20% | -$507K |
|
2498
Thor Industries
THO
$4.03B
| $2.14K | ﹤0.01% |
22,495
-22,542
| -50% | -$2.33M |
|
2499
Mettler-Toledo International
MTD
$29B
| $2.14K | ﹤0.01% |
2,217
+1,125
| +103% | +$1.04M |
|
|
LL
2500
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.14K | ﹤0.01% |
+97,091
| New | +$2.07M |
|
Similar funds
Millennium Management's Q3 2020 Portfolio in Review
As of Q3 2020, Millennium Management held 5,106 positions worth $81.2M, down 100% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management deployed $869M of net new capital in Q3 2020, opening 989 new positions and adding to 1,503 existing holdings. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120K.
By sector, the portfolio is most concentrated in Healthcare at 8.4% of assets, down from 8.6% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was JPMorgan Chase, an estimated $278M trimmed.
- Millennium Management's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120K.
- Millennium Management added most to Varian Medical Systems, Inc. in Q3 2020, an estimated $190M increase.
- Millennium Management's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $278M.
- Millennium Management fully exited Tech Data Corp in Q3 2020, selling an estimated $186M.
- Millennium Management's ten largest holdings make up 18% of its $81.2M portfolio in Q3 2020.
- Millennium Management opened 989 new positions and closed 724 in Q3 2020.
- Millennium Management's portfolio value fell 100% quarter-over-quarter to $81.2M.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.