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 | |
|---|---|---|---|---|---|---|
2576
Wyndham Hotels & Resorts
WH
$5.64B
| $1.93K | ﹤0.01% |
38,149
-981,475
| -96% | -$47.9M |
|
2577
Shake Shack
SHAK
$2.67B
| $1.93K | ﹤0.01% |
29,860
-90,923
| -75% | -$5.27M |
|
|
AUD
2578
DELISTED
Audacy, Inc.
AUD
| $1.93K | ﹤0.01% |
1,195,621
+628,983
| +111% | +$941K |
|
2579
PUT
General Mills
GIS
$19.3B
| $1.92K | ﹤0.01% |
31,200
+7,500
| +32% | +$469K |
|
2580
Hilton Worldwide
HLT
$70.2B
| $1.92K | ﹤0.01% |
22,531
-245,369
| -92% | -$20.5M |
|
2581
PetMed Express
PETS
$42.5M
| $1.92K | ﹤0.01% |
+60,711
| New | +$2.01M |
|
2582
State Street Materials Select Sector SPDR ETF
XLB
$8.52B
| $1.92K | ﹤0.01% |
60,342
-15,990
| -21% | -$497K |
|
2583
Lincoln Electric
LECO
$15.1B
| $1.92K | ﹤0.01% |
20,846
-69,749
| -77% | -$6.43M |
|
2584
Dime Commercial Bancshares
DCOM
$1.84B
| $1.92K | ﹤0.01% |
+109,962
| New | +$2.11M |
|
2585
Kartoon Studios
TOON
$35.4M
| $1.91K | ﹤0.01% |
160,848
+142,421
| +773% | +$2.23M |
|
2586
Gen Digital
GEN
$16.9B
| $1.91K | ﹤0.01% |
91,699
-123,589
| -57% | -$2.68M |
|
2587
Pilgrim's Pride
PPC
$6.42B
| $1.91K | ﹤0.01% |
127,621
-43,538
| -25% | -$695K |
|
|
CBD
2588
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $1.91K | ﹤0.01% |
154,339
-126,907
| -45% | -$1.64M |
|
2589
HEICO Corp Class A
HEI.A
$37.2B
| $1.9K | ﹤0.01% |
21,444
-15,663
| -42% | -$1.32M |
|
|
CMO
2590
DELISTED
Capstead Mortgage Corp.
CMO
| $1.9K | ﹤0.01% |
338,049
+51,077
| +18% | +$305K |
|
2591
ONE Gas
OGS
$4.85B
| $1.9K | ﹤0.01% |
27,495
-52,460
| -66% | -$3.87M |
|
2592
CALL
CSX Corp
CSX
$94.5B
| $1.9K | ﹤0.01% |
73,200
-204,600
| -74% | -$5.05M |
|
2593
CALL
Applied Materials
AMAT
$434B
| $1.89K | ﹤0.01% |
31,800
-10,300
| -24% | -$636K |
|
2594
Community Trust Bancorp
CTBI
$1.44B
| $1.89K | ﹤0.01% |
66,885
+49,808
| +292% | +$1.56M |
|
|
NHICU
2595
DELISTED
NewHold Investment Corp. Unit
NHICU
| $1.89K | ﹤0.01% |
+187,500
| New | +$1.87M |
|
|
MANT
2596
DELISTED
Mantech International Corp
MANT
| $1.88K | ﹤0.01% |
27,354
-123,804
| -82% | -$8.75M |
|
2597
White Mountains Insurance
WTM
$5.25B
| $1.87K | ﹤0.01% |
2,406
+1,074
| +81% | +$929K |
|
|
MRO
2598
DELISTED
Marathon Oil Corporation
MRO
| $1.87K | ﹤0.01% |
458,195
+269,308
| +143% | +$1.42M |
|
|
SNV
2599
DELISTED
Synovus
SNV
| $1.87K | ﹤0.01% |
88,408
-217,477
| -71% | -$4.53M |
|
|
MRSN
2600
DELISTED
Mersana Therapeutics
MRSN
| $1.87K | ﹤0.01% |
4,008
-27,070
| -87% | -$13.7M |
|
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.