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 | |
|---|---|---|---|---|---|---|
2951
Kulicke & Soffa
KLIC
$4.72B
| $1.21K | ﹤0.01% |
54,140
-559,784
| -91% | -$13.2M |
|
2952
CALL
Becton Dickinson
BDX
$46.9B
| $1.21K | ﹤0.01% |
5,330
-10,250
| -66% | -$2.52M |
|
|
CMAX
2953
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $1.21K | ﹤0.01% |
+3,833
| New | +$1.17M |
|
2954
Hilton Grand Vacations
HGV
$3.52B
| $1.21K | ﹤0.01% |
57,514
+29,315
| +104% | +$625K |
|
2955
Microchip Technology
MCHP
$40.8B
| $1.21K | ﹤0.01% |
23,484
-293,152
| -93% | -$15.3M |
|
|
SAQNW
2956
CALL
DELISTED
Software Acquisition Group Inc. Warrant
SAQNW
| $1.21K | ﹤0.01% |
121,182
+2,082
| +2% | +$2.33K |
|
2957
Fomento Económico Mexicano
FMX
$42.8B
| $1.21K | ﹤0.01% |
21,468
-237,234
| -92% | -$13.8M |
|
2958
Zurn Elkay Water Solutions
ZWS
$8.49B
| $1.2K | ﹤0.01% |
83,748
-1,575,429
| -95% | -$22.5M |
|
|
DSKE
2959
DELISTED
Daseke, Inc. Common Stock
DSKE
| $1.2K | ﹤0.01% |
223,517
-310,051
| -58% | -$1.59M |
|
2960
Cerus
CERS
$433M
| $1.2K | ﹤0.01% |
191,488
-216,916
| -53% | -$1.44M |
|
|
VTLE
2961
DELISTED
Vital Energy
VTLE
| $1.2K | ﹤0.01% |
122,341
-17,343
| -12% | -$242K |
|
|
AAWW
2962
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $1.2K | ﹤0.01% |
19,652
-14,183
| -42% | -$778K |
|
2963
UNIFI
UFI
$119M
| $1.2K | ﹤0.01% |
93,110
-132,670
| -59% | -$1.66M |
|
|
CLCT
2964
DELISTED
Collectors Universe
CLCT
| $1.19K | ﹤0.01% |
+24,135
| New | +$1.04M |
|
2965
The Bancorp
TBBK
$2.96B
| $1.19K | ﹤0.01% |
+137,756
| New | +$1.27M |
|
|
SLCA
2966
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $1.19K | ﹤0.01% |
395,951
+276,311
| +231% | +$1.03M |
|
2967
Simon Property Group
SPG
$74.3B
| $1.19K | ﹤0.01% |
18,341
-556,356
| -97% | -$36.5M |
|
|
XONE
2968
DELISTED
The ExOne Company
XONE
| $1.18K | ﹤0.01% |
+96,850
| New | +$1.04M |
|
|
HAPN
2969
Happen Inc
HAPN
$2.36B
| $1.18K | ﹤0.01% |
251,081
-396,142
| -61% | -$2.09M |
|
2970
CALL
Arvinas
ARVN
$520M
| $1.18K | ﹤0.01% |
+50,000
| New | +$1.45M |
|
2971
Watts Water Technologies
WTS
$11.7B
| $1.18K | ﹤0.01% |
11,786
-43,440
| -79% | -$3.97M |
|
2972
Forestar Group
FOR
$1.47B
| $1.18K | ﹤0.01% |
66,599
+46,555
| +232% | +$809K |
|
|
HR
2973
DELISTED
Healthcare Realty Trust Incorporated
HR
| $1.18K | ﹤0.01% |
39,087
-501,349
| -93% | -$14.4M |
|
|
DFPHU
2974
DELISTED
DFP Healthcare Acquisitions Corp. Unit
DFPHU
| $1.18K | ﹤0.01% |
107,600
-1,480,400
| -93% | -$16.1M |
|
|
MMX
2975
DELISTED
Maverix Metals Inc. Common Shares
MMX
| $1.17K | ﹤0.01% |
228,165
-151,827
| -40% | -$711K |
|
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.