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 | |
|---|---|---|---|---|---|---|
2601
Invesco S&P 500 Low Volatility ETF
SPLV
$7.23B
| $1.86K | ﹤0.01% |
+34,766
| New | +$1.85M |
|
|
THBRU
2602
DELISTED
Thunder Bridge Acquisition II, Ltd. Units
THBRU
| $1.86K | ﹤0.01% |
170,000
| – | – |
|
2603
Alaunos Therapeutics
TCRT
$4.64M
| $1.86K | ﹤0.01% |
4,931
-3,935
| -44% | -$1.74M |
|
|
ESPR
2604
CALL
DELISTED
Esperion Therapeutics
ESPR
| $1.86K | ﹤0.01% |
50,000
-50,000
| -50% | -$1.98M |
|
2605
UFP Industries
UFPI
$5.24B
| $1.86K | ﹤0.01% |
32,895
+17,225
| +110% | +$972K |
|
2606
Alphatec Holdings
ATEC
$1.59B
| $1.86K | ﹤0.01% |
279,761
+184,561
| +194% | +$1.04M |
|
2607
Vistra
VST
$48.3B
| $1.86K | ﹤0.01% |
98,503
-334,796
| -77% | -$6.31M |
|
2608
Veru
VERU
$38M
| $1.86K | ﹤0.01% |
70,834
+35,827
| +102% | +$1.04M |
|
2609
Nektar Therapeutics
NKTR
$2.46B
| $1.85K | ﹤0.01% |
7,445
+1,212
| +19% | +$381K |
|
2610
WisdomTree
WT
$3.42B
| $1.85K | ﹤0.01% |
578,686
+408,112
| +239% | +$1.47M |
|
2611
ICU Medical
ICUI
$4.3B
| $1.85K | ﹤0.01% |
10,098
-14,446
| -59% | -$2.72M |
|
|
GAP
2612
CALL
The Gap Inc
GAP
$7.42B
| $1.84K | ﹤0.01% |
108,200
-391,800
| -78% | -$5.84M |
|
|
SPNE
2613
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $1.84K | ﹤0.01% |
128,882
+35,340
| +38% | +$428K |
|
|
ADVM
2614
DELISTED
Adverum Biotechnologies
ADVM
| $1.84K | ﹤0.01% |
17,878
-9,418
| -35% | -$1.41M |
|
2615
iShares Semiconductor ETF
SOXX
$48.6B
| $1.84K | ﹤0.01% |
18,123
-102
| -0.6% | -$9.97K |
|
2616
CALL
Stellantis
STLA
$22.1B
| $1.83K | ﹤0.01% |
150,000
| – | – |
|
2617
Royalty Pharma
RPRX
$25.5B
| $1.83K | ﹤0.01% |
43,557
-678,245
| -94% | -$29.1M |
|
2618
Stagwell
STGW
$2.2B
| $1.83K | ﹤0.01% |
1,137,312
-88,726
| -7% | -$183K |
|
2619
DNOW Inc
DNOW
$2.63B
| $1.83K | ﹤0.01% |
+402,722
| New | +$3.06M |
|
2620
KLA
KLAC
$255B
| $1.83K | ﹤0.01% |
94,280
+28,940
| +44% | +$572K |
|
|
EMBJ
2621
Embraer S.A. ADS
EMBJ
$12.5B
| $1.82K | ﹤0.01% |
413,197
-1,106,746
| -73% | -$6.14M |
|
2622
Tetra Tech
TTEK
$8.97B
| $1.82K | ﹤0.01% |
95,275
-97,525
| -51% | -$1.73M |
|
2623
SelectQuote
SLQT
$131M
| $1.82K | ﹤0.01% |
89,772
-326,509
| -78% | -$6.8M |
|
2624
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $1.81K | ﹤0.01% |
+33,321
| New | +$1.82M |
|
2625
Fortinet
FTNT
$123B
| $1.8K | ﹤0.01% |
76,620
-1,066,910
| -93% | -$27.6M |
|
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.