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 | |
|---|---|---|---|---|---|---|
2851
Gates Industrial Corporation Ltd.
GTES
$7.62B
| $1.36K | ﹤0.01% |
121,922
-17,611
| -13% | -$197K |
|
2852
Ally Financial
ALLY
$13.7B
| $1.35K | ﹤0.01% |
53,994
-598,347
| -92% | -$13.4M |
|
2853
Kodiak Sciences
KOD
$2.66B
| $1.35K | ﹤0.01% |
22,876
-96,110
| -81% | -$4.82M |
|
2854
Celsius Holdings
CELH
$7.53B
| $1.35K | ﹤0.01% |
+178,122
| New | +$1.08M |
|
2855
Moog Inc Class A
MOG.A
$13B
| $1.35K | ﹤0.01% |
21,226
-143,173
| -87% | -$8.26M |
|
|
ARNC
2856
DELISTED
Arconic Corporation
ARNC
| $1.35K | ﹤0.01% |
+70,718
| New | +$1.35M |
|
2857
FRP Holdings
FRPH
$430M
| $1.34K | ﹤0.01% |
64,560
-3,178
| -5% | -$65.2K |
|
2858
MakeMyTrip
MMYT
$6.01B
| $1.34K | ﹤0.01% |
87,585
-5,891
| -6% | -$93.7K |
|
2859
PUT
General Dynamics
GD
$105B
| $1.34K | ﹤0.01% |
9,700
-13,600
| -58% | -$2.01M |
|
2860
Heritage Insurance Holdings
HRTG
$902M
| $1.34K | ﹤0.01% |
132,515
-47,611
| -26% | -$589K |
|
|
MNTV
2861
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $1.34K | ﹤0.01% |
60,672
+21,607
| +55% | +$502K |
|
2862
Wolfspeed
WOLF
$1.38B
| $1.34K | ﹤0.01% |
21,010
-41,144
| -66% | -$2.67M |
|
|
APTS
2863
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $1.34K | ﹤0.01% |
247,957
-164,314
| -40% | -$1.12M |
|
2864
AC Immune
ACIU
$230M
| $1.34K | ﹤0.01% |
274,129
-243,107
| -47% | -$1.74M |
|
|
CS
2865
DELISTED
Credit Suisse Group
CS
| $1.34K | ﹤0.01% |
134,178
-83,075
| -38% | -$890K |
|
2866
Novanta
NOVT
$5.65B
| $1.34K | ﹤0.01% |
+12,680
| New | +$1.34M |
|
|
SYRS
2867
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $1.33K | ﹤0.01% |
15,103
-203
| -1% | -$23.1K |
|
2868
AB InBev
BUD
$166B
| $1.33K | ﹤0.01% |
24,743
+14,946
| +153% | +$828K |
|
2869
Cardiff Oncology
CRDF
$72.3M
| $1.33K | ﹤0.01% |
+93,953
| New | +$620K |
|
2870
CALL
NextEra Energy
NEE
$181B
| $1.33K | ﹤0.01% |
19,200
-65,200
| -77% | -$4.5M |
|
|
SRRA
2871
DELISTED
Sierra Oncology, Inc. Common Stock
SRRA
| $1.33K | ﹤0.01% |
+124,766
| New | +$1.49M |
|
|
GES
2872
DELISTED
Guess Inc
GES
| $1.33K | ﹤0.01% |
114,460
+60,770
| +113% | +$699K |
|
2873
International Paper
IP
$22.4B
| $1.33K | ﹤0.01% |
34,633
-16,580
| -32% | -$585K |
|
2874
OrthoPediatrics
KIDS
$537M
| $1.33K | ﹤0.01% |
+28,925
| New | +$1.34M |
|
|
MRTX
2875
CALL
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $1.33K | ﹤0.01% |
+8,000
| New | +$1.09M |
|
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.