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 | |
|---|---|---|---|---|---|---|
|
HES
3176
PUT
DELISTED
Hess
HES
| $876 | ﹤0.01% |
21,400
| – | – |
|
3177
Luxfer Holdings
LXFR
$459M
| $873 | ﹤0.01% |
+69,599
| New | +$946K |
|
|
PTVE
3178
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $872 | ﹤0.01% |
+68,633
| New | +$861K |
|
3179
Central Garden & Pet Co Class A
CENTA
$2.39B
| $871 | ﹤0.01% |
30,111
-127,095
| -81% | -$3.65M |
|
|
CVGW
3180
DELISTED
Calavo Growers
CVGW
| $871 | ﹤0.01% |
13,141
-20,424
| -61% | -$1.28M |
|
3181
Fulton Financial
FULT
$4.72B
| $870 | ﹤0.01% |
93,279
-612,627
| -87% | -$6.02M |
|
|
HCCOU
3182
DELISTED
Healthcare Merger Corp. Units
HCCOU
| $864 | ﹤0.01% |
80,000
| – | – |
|
|
CMLS
3183
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $863 | ﹤0.01% |
160,796
-2,633
| -2% | -$12.3K |
|
3184
Ooma
OOMA
$590M
| $862 | ﹤0.01% |
+66,022
| New | +$1.01M |
|
3185
Aegon
AEG
$14B
| $859 | ﹤0.01% |
363,702
+103,496
| +40% | +$275K |
|
3186
InterDigital
IDCC
$7.98B
| $858 | ﹤0.01% |
15,036
-139,084
| -90% | -$8.36M |
|
|
DLPH
3187
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $856 | ﹤0.01% |
+51,249
| New | +$844K |
|
3188
MBIA
MBI
$266M
| $853 | ﹤0.01% |
140,725
+5,982
| +4% | +$44.2K |
|
3189
Smith & Wesson
SWBI
$660M
| $851 | ﹤0.01% |
54,831
-59,271
| -52% | -$1.05M |
|
|
IRBT
3190
DELISTED
iRobot
IRBT
| $848 | ﹤0.01% |
11,167
-151,829
| -93% | -$11.7M |
|
|
EVOP
3191
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $847 | ﹤0.01% |
34,098
-190,302
| -85% | -$4.78M |
|
3192
National CineMedia
NCMI
$392M
| $843 | ﹤0.01% |
31,056
+16,887
| +119% | +$530K |
|
|
WPG
3193
DELISTED
Washington Prime Group Inc.
WPG
| $842 | ﹤0.01% |
144,496
-240,178
| -62% | -$1.53M |
|
3194
CALL
Etsy
ETSY
$7.89B
| $839 | ﹤0.01% |
+6,900
| New | +$808K |
|
|
3195
PUT
Etsy
ETSY
$7.89B
| $839 | ﹤0.01% |
6,900
-3,100
| -31% | -$363K |
|
|
MN
3196
DELISTED
MANNING & NAPIER, INC.
MN
| $839 | ﹤0.01% |
196,577
-24,072
| -11% | -$87.6K |
|
3197
Horace Mann Educators
HMN
$2.09B
| $838 | ﹤0.01% |
+25,087
| New | +$934K |
|
|
XLRN
3198
DELISTED
Acceleron Pharma
XLRN
| $838 | ﹤0.01% |
7,446
-184,301
| -96% | -$18.3M |
|
3199
Precision BioSciences
DTIL
$182M
| $837 | ﹤0.01% |
4,528
-18,461
| -80% | -$3.67M |
|
|
CLDT
3200
Chatham Lodging
CLDT
$614M
| $836 | ﹤0.01% |
109,737
-412,547
| -79% | -$2.7M |
|
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.