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 | |
|---|---|---|---|---|---|---|
3101
Home BancShares
HOMB
$6.27B
| $973 | ﹤0.01% |
64,167
+19,605
| +44% | +$315K |
|
3102
PUT
Penumbra
PEN
$12.7B
| $972 | ﹤0.01% |
+5,000
| New | +$1.05M |
|
|
BLUE
3103
CALL
DELISTED
bluebird bio
BLUE
| $971 | ﹤0.01% |
+1,390
| New | +$1.08M |
|
|
KE
3104
Kimball Electronics
KE
$619M
| $969 | ﹤0.01% |
83,837
-32,996
| -28% | -$433K |
|
|
BRKL
3105
DELISTED
Brookline Bancorp
BRKL
| $968 | ﹤0.01% |
111,997
-409,655
| -79% | -$3.89M |
|
3106
Old National Bancorp
ONB
$10.3B
| $968 | ﹤0.01% |
77,031
-226,863
| -75% | -$3.11M |
|
3107
EPAM Systems
EPAM
$5.6B
| $967 | ﹤0.01% |
2,992
-3,087
| -51% | -$922K |
|
|
ELME
3108
Elme Communities
ELME
$146M
| $966 | ﹤0.01% |
47,968
+395
| +0.8% | +$8.62K |
|
3109
CALL
Mettler-Toledo International
MTD
$29.2B
| $966 | ﹤0.01% |
1,000
-2,000
| -67% | -$1.86M |
|
|
ATCX
3110
DELISTED
Atlas Technical Consultants, Inc. Class A Common Stock
ATCX
| $966 | ﹤0.01% |
111,038
-1,409
| -1% | -$11.7K |
|
3111
ABM Industries
ABM
$2.86B
| $965 | ﹤0.01% |
26,312
+14,472
| +122% | +$530K |
|
3112
CRH
CRH
$65.6B
| $965 | ﹤0.01% |
26,738
-47,801
| -64% | -$1.8M |
|
3113
Rocket Pharmaceuticals
RCKT
$372M
| $962 | ﹤0.01% |
42,092
-162,904
| -79% | -$4.01M |
|
|
STFC
3114
DELISTED
State Auto Financial Corp
STFC
| $962 | ﹤0.01% |
69,887
-92,460
| -57% | -$1.48M |
|
3115
V2X
VVX
$2.7B
| $961 | ﹤0.01% |
+25,293
| New | +$1.1M |
|
3116
PUT
AstraZeneca
AZN
$245B
| $960 | ﹤0.01% |
+8,750
| New | +$973K |
|
3117
Freedom Holding
FRHC
$9.73B
| $959 | ﹤0.01% |
40,003
-3,271
| -8% | -$70.7K |
|
3118
Pebblebrook Hotel Trust
PEB
$2.18B
| $959 | ﹤0.01% |
76,576
-83,959
| -52% | -$1.01M |
|
3119
Worthington Enterprises
WOR
$2.78B
| $959 | ﹤0.01% |
38,161
-822,313
| -96% | -$20M |
|
3120
Compugen
CGEN
$225M
| $955 | ﹤0.01% |
58,754
-180,305
| -75% | -$2.95M |
|
3121
Group 1 Automotive
GPI
$3.48B
| $951 | ﹤0.01% |
10,758
-217,021
| -95% | -$18.5M |
|
3122
Prestige Consumer Healthcare
PBH
$2.46B
| $950 | ﹤0.01% |
26,097
-113,281
| -81% | -$4.21M |
|
|
PPL
3123
PPL Corp
PPL
$26.5B
| $950 | ﹤0.01% |
34,897
-675,936
| -95% | -$18.2M |
|
|
TCDA
3124
DELISTED
Tricida, Inc. Common Stock
TCDA
| $950 | ﹤0.01% |
104,823
-207,605
| -66% | -$3.03M |
|
|
AL
3125
DELISTED
Air Lease Corp
AL
| $949 | ﹤0.01% |
32,254
-177,551
| -85% | -$5.23M |
|
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.