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 | |
|---|---|---|---|---|---|---|
2976
PUT
Rollins
ROL
$18.2B
| $1.17K | ﹤0.01% |
+32,400
| New | +$1.12M |
|
|
INVX
2977
Innovex International
INVX
$2.32B
| $1.17K | ﹤0.01% |
47,148
+22,635
| +92% | +$721K |
|
2978
CALL
Keysight
KEYS
$58.6B
| $1.17K | ﹤0.01% |
+11,800
| New | +$1.16M |
|
|
BTAQU
2979
DELISTED
Burgundy Technology Acquisition Corporation Unit
BTAQU
| $1.16K | ﹤0.01% |
+116,800
| New | +$1.17M |
|
2980
Black Diamond Therapeutics
BDTX
$101M
| $1.16K | ﹤0.01% |
38,444
+24,458
| +175% | +$744K |
|
2981
Liberty Latin America Class A
LILA
$1.7B
| $1.16K | ﹤0.01% |
207,347
-50,333
| -20% | -$306K |
|
|
MFGP
2982
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $1.16K | ﹤0.01% |
359,226
+114,281
| +47% | +$456K |
|
2983
Carpenter Technology
CRS
$28.5B
| $1.15K | ﹤0.01% |
63,551
-132,064
| -68% | -$2.86M |
|
2984
Capitol Federal Financial
CFFN
$1.14B
| $1.15K | ﹤0.01% |
124,159
-446,145
| -78% | -$4.35M |
|
2985
Sonos
SONO
$1.94B
| $1.15K | ﹤0.01% |
75,659
-1,087,408
| -93% | -$16M |
|
2986
CalciMedica
CALC
$12.6M
| $1.15K | ﹤0.01% |
+6,451
| New | +$1.35M |
|
2987
Fastly Inc
FSLY
$3.82B
| $1.15K | ﹤0.01% |
12,239
-55,477
| -82% | -$4.81M |
|
2988
Hyliion Holdings
HYLN
$736M
| $1.15K | ﹤0.01% |
+23,000
| New | +$753K |
|
2989
MGP Ingredients
MGPI
$366M
| $1.15K | ﹤0.01% |
28,838
-25,210
| -47% | -$940K |
|
2990
CALL
Quest Diagnostics
DGX
$25.8B
| $1.15K | ﹤0.01% |
10,000
-20,000
| -67% | -$2.36M |
|
|
MITT
2991
TPG Mortgage Investment Trust
MITT
$227M
| $1.14K | ﹤0.01% |
137,449
-66,968
| -33% | -$591K |
|
2992
Strategic Education
STRA
$1.88B
| $1.14K | ﹤0.01% |
12,440
-6,428
| -34% | -$781K |
|
2993
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.51B
| $1.14K | ﹤0.01% |
+31,242
| New | +$1.17M |
|
2994
First Hawaiian
FHB
$3.46B
| $1.14K | ﹤0.01% |
78,529
+44,415
| +130% | +$731K |
|
|
EGRX
2995
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $1.14K | ﹤0.01% |
26,710
-85,555
| -76% | -$3.74M |
|
2996
CrowdStrike
CRWD
$213B
| $1.13K | ﹤0.01% |
32,856
-533,600
| -94% | -$15.5M |
|
2997
Minerals Technologies
MTX
$2.33B
| $1.13K | ﹤0.01% |
22,072
-36,500
| -62% | -$1.81M |
|
|
SASR
2998
DELISTED
Sandy Spring Bancorp Inc
SASR
| $1.12K | ﹤0.01% |
+48,713
| New | +$1.15M |
|
|
FFWM
2999
DELISTED
First Foundation Inc
FFWM
| $1.12K | ﹤0.01% |
+85,818
| New | +$1.3M |
|
3000
Scotiabank
BNS
$107B
| $1.12K | ﹤0.01% |
27,016
-113,707
| -81% | -$4.77M |
|
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.