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 | |
|---|---|---|---|---|---|---|
|
PACW
2501
DELISTED
PacWest Bancorp
PACW
| $2.14K | ﹤0.01% |
125,357
+100,948
| +414% | +$1.87M |
|
|
DMYT.U
2502
DELISTED
dMY Technology Group, Inc. Units, each consisting of one share of Class A Common Stock and one-half
DMYT.U
| $2.14K | ﹤0.01% |
152,657
-63,562
| -29% | -$792K |
|
2503
NatWest
NWG
$76.1B
| $2.13K | ﹤0.01% |
736,591
+471,374
| +178% | +$1.46M |
|
2504
Grand Canyon Education
LOPE
$3.93B
| $2.13K | ﹤0.01% |
26,659
-86,165
| -76% | -$7.8M |
|
2505
Xerox
XRX
$411M
| $2.13K | ﹤0.01% |
113,524
-555,626
| -83% | -$9.73M |
|
|
FRTA
2506
DELISTED
Forterra, Inc
FRTA
| $2.13K | ﹤0.01% |
180,249
-62,157
| -26% | -$827K |
|
|
MAG
2507
DELISTED
MAG Silver
MAG
| $2.12K | ﹤0.01% |
130,391
+33,033
| +34% | +$529K |
|
|
SY
2508
So-Young International
SY
$193M
| $2.12K | ﹤0.01% |
+169,468
| New | +$2.2M |
|
2509
Manhattan Associates
MANH
$10.9B
| $2.11K | ﹤0.01% |
22,118
+6,160
| +39% | +$583K |
|
|
SPPI
2510
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $2.11K | ﹤0.01% |
+517,536
| New | +$1.97M |
|
2511
CALL
Community Health Systems
CYH
$412M
| $2.11K | ﹤0.01% |
+500,000
| New | +$2.21M |
|
2512
EastGroup Properties
EGP
$11.2B
| $2.11K | ﹤0.01% |
16,316
-57,210
| -78% | -$7.39M |
|
|
OCFT
2513
DELISTED
OneConnect Financial Technology
OCFT
| $2.11K | ﹤0.01% |
9,902
+5,155
| +109% | +$1.12M |
|
2514
Midland States Bancorp
MSBI
$711M
| $2.1K | ﹤0.01% |
163,751
-68,320
| -29% | -$974K |
|
2515
Hormel Foods
HRL
$13.9B
| $2.1K | ﹤0.01% |
42,990
-33,292
| -44% | -$1.67M |
|
2516
CALL
Arista Networks
ANET
$240B
| $2.09K | ﹤0.01% |
161,600
-139,200
| -46% | -$1.91M |
|
2517
IAMGOLD
IAG
$8.55B
| $2.09K | ﹤0.01% |
545,749
-482,223
| -47% | -$2.09M |
|
2518
KORU Medical Systems
KRMD
$194M
| $2.09K | ﹤0.01% |
289,184
+86,357
| +43% | +$766K |
|
|
ATCXW
2519
CALL
DELISTED
Atlas Technical Consultants, Inc. Warrant
ATCXW
| $2.09K | ﹤0.01% |
240,000
| – | – |
|
2520
First Busey Corp
BUSE
$2.6B
| $2.09K | ﹤0.01% |
131,345
+115,765
| +743% | +$2.01M |
|
|
RST
2521
DELISTED
ROSETTA STONE INC
RST
| $2.08K | ﹤0.01% |
69,549
-96,245
| -58% | -$2.49M |
|
2522
CALL
MetLife
MET
$62B
| $2.08K | ﹤0.01% |
56,000
-44,700
| -44% | -$1.7M |
|
|
GTH
2523
DELISTED
Genetron Holdings Limited ADS
GTH
| $2.08K | ﹤0.01% |
58,098
-15,090
| -21% | -$581K |
|
2524
Utah Medical Products
UTMD
$232M
| $2.08K | ﹤0.01% |
26,044
+5,139
| +25% | +$426K |
|
|
HTBK
2525
DELISTED
Heritage Commerce
HTBK
| $2.08K | ﹤0.01% |
311,897
-109,923
| -26% | -$757K |
|
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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.