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 | |
|---|---|---|---|---|---|---|
2551
OneMain Financial
OMF
$7.44B
| $1.99K | ﹤0.01% |
63,661
-289,109
| -82% | -$8.23M |
|
|
TBCH
2552
Turtle Beach Corp
TBCH
$254M
| $1.99K | ﹤0.01% |
109,196
-127,176
| -54% | -$2.28M |
|
|
HI
2553
DELISTED
Hillenbrand
HI
| $1.99K | ﹤0.01% |
70,028
-69,168
| -50% | -$2.05M |
|
2554
CALL
Cummins
CMI
$87.8B
| $1.99K | ﹤0.01% |
9,400
+6,100
| +185% | +$1.22M |
|
|
PLYA
2555
DELISTED
Playa Hotels & Resorts
PLYA
| $1.98K | ﹤0.01% |
473,026
-223,743
| -32% | -$881K |
|
2556
CALL
Glaukos
GKOS
$10.1B
| $1.98K | ﹤0.01% |
40,000
-20,000
| -33% | -$879K |
|
2557
CALL
Aon
AON
$75.9B
| $1.98K | ﹤0.01% |
9,600
-19,100
| -67% | -$3.81M |
|
|
TRST
2558
Trustco Bank Corp NY
TRST
$975M
| $1.98K | ﹤0.01% |
75,872
+11,203
| +17% | +$327K |
|
2559
CVB Financial
CVBF
$4.07B
| $1.98K | ﹤0.01% |
119,031
+14,937
| +14% | +$267K |
|
2560
Conagra Brands
CAG
$7.14B
| $1.97K | ﹤0.01% |
55,232
-1,312,793
| -96% | -$48.1M |
|
2561
CytomX Therapeutics
CTMX
$690M
| $1.97K | ﹤0.01% |
296,614
+190,592
| +180% | +$1.41M |
|
|
LKFT
2562
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.75B
| $1.97K | ﹤0.01% |
13,887
+3,257
| +31% | +$543K |
|
|
AVTA
2563
DELISTED
Avantax, Inc. Common Stock
AVTA
| $1.97K | ﹤0.01% |
208,892
-111,638
| -35% | -$1.24M |
|
|
HT
2564
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $1.96K | ﹤0.01% |
354,534
+88,192
| +33% | +$519K |
|
2565
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.4B
| $1.96K | ﹤0.01% |
+20,471
| New | +$1.97M |
|
2566
Vishay Precision Group
VPG
$1.34B
| $1.96K | ﹤0.01% |
77,461
-31,577
| -29% | -$783K |
|
2567
CALL
Waters Corp
WAT
$36.8B
| $1.96K | ﹤0.01% |
10,000
-75,000
| -88% | -$15.6M |
|
2568
The Ensign Group
ENSG
$10.3B
| $1.95K | ﹤0.01% |
34,179
-113,223
| -77% | -$5.85M |
|
2569
Oxford Industries
OXM
$579M
| $1.95K | ﹤0.01% |
48,248
-56,983
| -54% | -$2.57M |
|
2570
TIM SA
TIMB
$9.04B
| $1.94K | ﹤0.01% |
168,572
-78,200
| -32% | -$1.07M |
|
|
FRLN
2571
DELISTED
Freeline Therapeutics Holdings plc American Depositary Shares
FRLN
| $1.94K | ﹤0.01% |
+8,295
| New | +$2.08M |
|
|
QTNT
2572
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $1.94K | ﹤0.01% |
9,410
-949
| -9% | -$246K |
|
2573
PUT
Delta Air Lines
DAL
$61B
| $1.93K | ﹤0.01% |
63,100
-155,800
| -71% | -$4.49M |
|
|
SRTAW
2574
CALL
DELISTED
Strata Critical Medical Inc Warrants
SRTAW
| $1.93K | ﹤0.01% |
191,966
+25,300
| +15% | +$27.4K |
|
2575
CALL
Halliburton
HAL
$27B
| $1.93K | ﹤0.01% |
160,000
-69,500
| -30% | -$1.01M |
|
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.