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 | |
|---|---|---|---|---|---|---|
2526
Laird Superfood
LSF
$43.7M
| $2.07K | ﹤0.01% |
+45,213
| New | +$1.96M |
|
2527
Alerian MLP ETF
AMLP
$12.9B
| $2.07K | ﹤0.01% |
+103,709
| New | +$2.4M |
|
2528
PUT
HP
HPQ
$26.4B
| $2.07K | ﹤0.01% |
109,100
+9,100
| +9% | +$166K |
|
2529
CoreCivic
CXW
$3B
| $2.06K | ﹤0.01% |
+257,839
| New | +$2.34M |
|
2530
CALL
Petrobras
PBR
$121B
| $2.06K | ﹤0.01% |
288,700
| – | – |
|
2531
PUT
Macy's
M
$6.83B
| $2.05K | ﹤0.01% |
360,000
+250,000
| +227% | +$1.67M |
|
2532
Valero Energy
VLO
$88.5B
| $2.05K | ﹤0.01% |
47,232
-263,013
| -85% | -$13.8M |
|
2533
CALL
Centene
CNC
$31.5B
| $2.04K | ﹤0.01% |
+35,000
| New | +$2.17M |
|
|
CCF
2534
DELISTED
Chase Corporation
CCF
| $2.04K | ﹤0.01% |
21,406
+631
| +3% | +$64.2K |
|
|
ORPH
2535
DELISTED
Orphazyme A/S
ORPH
| $2.04K | ﹤0.01% |
+197,556
| New | +$1.98M |
|
2536
CALL
Marriott International
MAR
$90.4B
| $2.04K | ﹤0.01% |
+22,000
| New | +$2.08M |
|
2537
El Pollo Loco
LOCO
$504M
| $2.03K | ﹤0.01% |
125,552
+97,816
| +353% | +$1.61M |
|
|
PARAA
2538
DELISTED
Paramount Global Class A
PARAA
| $2.02K | ﹤0.01% |
66,617
+20,165
| +43% | +$589K |
|
2539
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.8B
| $2.02K | ﹤0.01% |
65,405
+48,149
| +279% | +$1.51M |
|
2540
Vera Bradley
VRA
$99.2M
| $2.01K | ﹤0.01% |
329,484
-188,986
| -36% | -$1.01M |
|
|
ODP
2541
DELISTED
ODP
ODP
| $2.01K | ﹤0.01% |
+103,276
| New | +$2.21M |
|
|
RDUS
2542
DELISTED
Radius Recycling
RDUS
| $2.01K | ﹤0.01% |
104,398
+69,262
| +197% | +$1.31M |
|
|
VXRT
2543
DELISTED
Vaxart
VXRT
| $2.01K | ﹤0.01% |
301,926
-587,869
| -66% | -$5.24M |
|
|
PRVB
2544
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $2.01K | ﹤0.01% |
156,320
-464,750
| -75% | -$5.87M |
|
2545
American International
AIG
$41.8B
| $2K | ﹤0.01% |
72,647
-68,026
| -48% | -$2.03M |
|
|
STL
2546
DELISTED
Sterling Bancorp
STL
| $2K | ﹤0.01% |
190,025
+156,162
| +461% | +$1.77M |
|
2547
Cboe Global Markets
CBOE
$31.1B
| $2K | ﹤0.01% |
22,767
-9,512
| -29% | -$856K |
|
2548
CALL
Ford
F
$56.8B
| $2K | ﹤0.01% |
300,000
-150,000
| -33% | -$1.02M |
|
|
MRC
2549
DELISTED
MRC Global
MRC
| $2K | ﹤0.01% |
466,365
+324,395
| +228% | +$1.86M |
|
2550
Enova International
ENVA
$6.44B
| $2K | ﹤0.01% |
121,700
+17,050
| +16% | +$274K |
|
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.