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 | |
|---|---|---|---|---|---|---|
3201
CALL
Teck Resources
TECK
$29.5B
| $835 | ﹤0.01% |
+60,000
| New | +$711K |
|
|
HRC
3202
PUT
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $835 | ﹤0.01% |
+10,000
| New | +$979K |
|
|
WINT
3203
DELISTED
Windtree Therapeutics
WINT
| $834 | ﹤0.01% |
+3
| New | +$1.01M |
|
3204
Crescent Capital BDC
CCAP
$414M
| $833 | ﹤0.01% |
65,316
+8,540
| +15% | +$107K |
|
3205
PUT
Ball Corp
BALL
$17.3B
| $831 | ﹤0.01% |
+10,000
| New | +$769K |
|
3206
Akamai
AKAM
$17.1B
| $829 | ﹤0.01% |
+7,503
| New | +$833K |
|
3207
Columbia Banking Systems
COLB
$8.91B
| $829 | ﹤0.01% |
34,753
+26,251
| +309% | +$725K |
|
|
ANH
3208
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $828 | ﹤0.01% |
504,903
-337,294
| -40% | -$592K |
|
3209
Choiceone Financial
COFS
$511M
| $827 | ﹤0.01% |
+31,781
| New | +$877K |
|
|
RVI
3210
DELISTED
Retail Value Inc. Common Shares
RVI
| $827 | ﹤0.01% |
716,515
-1,507,438
| -68% | -$1.74M |
|
3211
A.O. Smith
AOS
$8.25B
| $826 | ﹤0.01% |
15,641
-147,928
| -90% | -$7.39M |
|
3212
AdvanSix
ASIX
$542M
| $826 | ﹤0.01% |
64,104
-572,074
| -90% | -$7.14M |
|
3213
Hecla Mining
HL
$9.68B
| $826 | ﹤0.01% |
162,529
-1,781,519
| -92% | -$9.42M |
|
3214
CRA International
CRAI
$1.16B
| $823 | ﹤0.01% |
21,958
-46,703
| -68% | -$1.93M |
|
3215
Independence Realty Trust
IRT
$3.95B
| $823 | ﹤0.01% |
+70,967
| New | +$813K |
|
|
GMDA
3216
DELISTED
Gamida Cell Ltd. Ordinary Shares
GMDA
| $822 | ﹤0.01% |
198,186
-74,273
| -27% | -$316K |
|
3217
AMC Entertainment Holdings
AMC
$2.54B
| $819 | ﹤0.01% |
17,379
+10,385
| +148% | +$520K |
|
|
LAND
3218
Gladstone Land Corp
LAND
$348M
| $819 | ﹤0.01% |
54,516
-183,610
| -77% | -$2.87M |
|
3219
VEON
VEON
$3.68B
| $818 | ﹤0.01% |
+25,960
| New | +$999K |
|
|
GHG
3220
GreenTree Hospitality
GHG
$116M
| $817 | ﹤0.01% |
+60,126
| New | +$791K |
|
|
KBAL
3221
DELISTED
Kimball International
KBAL
| $816 | ﹤0.01% |
77,412
-225,243
| -74% | -$2.51M |
|
3222
ATN International
ATNI
$379M
| $815 | ﹤0.01% |
+16,264
| New | +$929K |
|
|
NAGE
3223
Niagen Bioscience
NAGE
$281M
| $814 | ﹤0.01% |
203,046
+103,997
| +105% | +$502K |
|
3224
Acushnet Holdings
GOLF
$5.98B
| $812 | ﹤0.01% |
24,149
+4,904
| +25% | +$173K |
|
3225
Sphere Entertainment
SPHR
$5.29B
| $812 | ﹤0.01% |
11,861
-69,649
| -85% | -$5.02M |
|
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.