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 | |
|---|---|---|---|---|---|---|
|
PR
3076
Permian Resources
PR
$17.8B
| $1K | ﹤0.01% |
1,667,269
-2,543,274
| -60% | -$1.95M |
|
3077
Eos Energy Enterprises
EOSE
$1.22B
| $1K | ﹤0.01% |
+100,215
| New | +$1.04M |
|
3078
PUT
Hormel Foods
HRL
$13.8B
| $1K | ﹤0.01% |
20,500
-500
| -2% | -$25.1K |
|
3079
Northern Oil and Gas
NOG
$2.3B
| $1K | ﹤0.01% |
174,390
-166,069
| -49% | -$1.18M |
|
|
KRA
3080
DELISTED
Kraton Corporation
KRA
| $1K | ﹤0.01% |
56,126
-382,294
| -87% | -$6.16M |
|
|
CZZ
3081
DELISTED
Cosan Limited
CZZ
| $1K | ﹤0.01% |
67,311
+7,420
| +12% | +$131K |
|
3082
Douglas Dynamics
PLOW
$1.02B
| $998 | ﹤0.01% |
+29,182
| New | +$1.08M |
|
|
VTRU
3083
DELISTED
Vitru Limited Common Shares
VTRU
| $995 | ﹤0.01% |
+76,662
| New | +$1.08M |
|
3084
State Street SPDR S&P Dividend ETF
SDY
$23.6B
| $994 | ﹤0.01% |
+10,758
| New | +$1.01M |
|
3085
TD Synnex
SNX
$20.4B
| $990 | ﹤0.01% |
14,136
-2,662
| -16% | -$167K |
|
3086
PRA Group
PRAA
$663M
| $983 | ﹤0.01% |
+24,615
| New | +$1.02M |
|
3087
SoundThinking
SSTI
$100M
| $982 | ﹤0.01% |
31,645
-134,437
| -81% | -$3.7M |
|
3088
Rogers Corp
ROG
$2.21B
| $981 | ﹤0.01% |
10,006
+7,253
| +263% | +$853K |
|
|
CASI
3089
DELISTED
CASI Pharmaceuticals
CASI
| $980 | ﹤0.01% |
+64,065
| New | +$1.21M |
|
3090
CALL
Consolidated Edison
ED
$40.1B
| $980 | ﹤0.01% |
12,600
-800
| -6% | -$59K |
|
|
TCS
3091
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $980 | ﹤0.01% |
+10,520
| New | +$677K |
|
3092
Albemarle
ALB
$13.9B
| $978 | ﹤0.01% |
10,958
+587
| +6% | +$52K |
|
3093
The Joint Corp
JYNT
$118M
| $977 | ﹤0.01% |
56,200
-163,264
| -74% | -$2.67M |
|
3094
CALL
Teradyne
TER
$57.6B
| $977 | ﹤0.01% |
+12,300
| New | +$1.04M |
|
|
3095
PUT
Teradyne
TER
$57.6B
| $977 | ﹤0.01% |
+12,300
| New | +$1.04M |
|
3096
Timken Company
TKR
$9.56B
| $977 | ﹤0.01% |
18,017
+13,181
| +273% | +$680K |
|
3097
CALL
AC Immune
ACIU
$223M
| $976 | ﹤0.01% |
+200,000
| New | +$1.44M |
|
3098
Ameren
AEE
$30.3B
| $975 | ﹤0.01% |
12,329
-178,850
| -94% | -$14M |
|
|
BNFT
3099
DELISTED
Benefitfocus, Inc.
BNFT
| $975 | ﹤0.01% |
87,048
-167,006
| -66% | -$1.83M |
|
3100
Vanguard Morningstar Small-Cap ETF
VB
$80.7B
| $974 | ﹤0.01% |
6,331
-1,929
| -23% | -$296K |
|
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.