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 | |
|---|---|---|---|---|---|---|
2926
CALL
Bio-Techne
TECH
$11.2B
| $1.24K | ﹤0.01% |
20,000
-20,000
| -50% | -$1.3M |
|
2927
Ardelyx
ARDX
$1.22B
| $1.24K | ﹤0.01% |
235,548
-116,319
| -33% | -$699K |
|
2928
Ciena
CIEN
$58B
| $1.24K | ﹤0.01% |
31,171
-108,980
| -78% | -$5.73M |
|
2929
Neogen
NEOG
$2.55B
| $1.24K | ﹤0.01% |
+31,612
| New | +$1.21M |
|
2930
SIGA Technologies
SIGA
$234M
| $1.24K | ﹤0.01% |
+180,045
| New | +$1.22M |
|
|
CHUY
2931
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $1.24K | ﹤0.01% |
+63,192
| New | +$1.15M |
|
|
AIU
2932
DELISTED
Meta Data Limited American Depositary Shares, each representing ten (10) Class A Ordinary Shares
AIU
| $1.24K | ﹤0.01% |
2,202
+933
| +74% | +$488K |
|
2933
BOK Financial
BOKF
$8.71B
| $1.23K | ﹤0.01% |
+23,935
| New | +$1.32M |
|
2934
Viavi Solutions
VIAV
$9.75B
| $1.23K | ﹤0.01% |
105,024
-332,801
| -76% | -$4.32M |
|
|
BPFH
2935
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $1.23K | ﹤0.01% |
223,112
-347,103
| -61% | -$2.07M |
|
|
LAC
2936
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $1.23K | ﹤0.01% |
108,134
+72,965
| +207% | +$520K |
|
2937
California Water Service
CWT
$3.03B
| $1.23K | ﹤0.01% |
28,316
-58,143
| -67% | -$2.71M |
|
2938
Verastem
VSTM
$508M
| $1.23K | ﹤0.01% |
84,737
-101,715
| -55% | -$1.68M |
|
2939
Qualys
QLYS
$5.61B
| $1.22K | ﹤0.01% |
12,493
-149,918
| -92% | -$16M |
|
2940
XPEL
XPEL
$1.24B
| $1.22K | ﹤0.01% |
+46,908
| New | +$1.01M |
|
2941
Peabody Energy
BTU
$2.68B
| $1.22K | ﹤0.01% |
531,458
+206,053
| +63% | +$596K |
|
2942
C.H. Robinson
CHRW
$17.6B
| $1.22K | ﹤0.01% |
11,937
-448,250
| -97% | -$42.1M |
|
2943
PUT
Extra Space Storage
EXR
$31.4B
| $1.22K | ﹤0.01% |
+11,400
| New | +$1.18M |
|
2944
iShares Russell 1000 Growth ETF
IWF
$126B
| $1.22K | ﹤0.01% |
22,492
-87,072
| -79% | -$4.59M |
|
|
INBX
2945
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $1.22K | ﹤0.01% |
+67,676
| New | +$1.23M |
|
2946
iShares MSCI Netherlands ETF
EWN
$632M
| $1.22K | ﹤0.01% |
+34,911
| New | +$1.22M |
|
2947
Vanguard Morningstar Value ETF
VTV
$189B
| $1.22K | ﹤0.01% |
11,633
-3,293
| -22% | -$345K |
|
2948
AudioCodes
AUDC
$276M
| $1.21K | ﹤0.01% |
38,593
-118,919
| -75% | -$4.03M |
|
2949
CAE Inc. Common Shares
CAE
$8.54B
| $1.21K | ﹤0.01% |
82,995
-31,851
| -28% | -$482K |
|
2950
Clearway Energy Class C
CWEN
$4.96B
| $1.21K | ﹤0.01% |
44,975
+24,814
| +123% | +$613K |
|
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.