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 | |
|---|---|---|---|---|---|---|
3301
Aclaris Therapeutics
ACRS
$758M
| $724 | ﹤0.01% |
281,798
-103,137
| -27% | -$231K |
|
3302
Oil States International
OIS
$489M
| $723 | ﹤0.01% |
264,964
-654,243
| -71% | -$2.84M |
|
|
LPRO
3303
DELISTED
Open Lending Corp
LPRO
| $722 | ﹤0.01% |
28,309
-150,912
| -84% | -$2.94M |
|
3304
Vanguard High Dividend Yield ETF
VYM
$81.2B
| $722 | ﹤0.01% |
8,926
-9,130
| -51% | -$748K |
|
3305
Unitil
UTL
$966M
| $721 | ﹤0.01% |
+18,655
| New | +$783K |
|
|
GCP
3306
DELISTED
GCP Applied Technologies Inc.
GCP
| $721 | ﹤0.01% |
34,392
-9,569
| -22% | -$221K |
|
3307
Qfin Holdings
QFIN
$1.7B
| $718 | ﹤0.01% |
+60,120
| New | +$783K |
|
3308
iShares 10-20 Year Treasury Bond ETF
TLH
$10.8B
| $718 | ﹤0.01% |
4,311
+1,274
| +42% | +$214K |
|
3309
Avery Dennison
AVY
$13.1B
| $717 | ﹤0.01% |
5,611
-325,342
| -98% | -$38.4M |
|
3310
Coca-Cola Europacific Partners
CCEP
$47.6B
| $717 | ﹤0.01% |
18,481
-582,627
| -97% | -$23.8M |
|
3311
Fidus Investment
FDUS
$766M
| $717 | ﹤0.01% |
+72,810
| New | +$701K |
|
3312
PUT
Ulta Beauty
ULTA
$22.8B
| $717 | ﹤0.01% |
3,200
| – | – |
|
3313
Rush Street Interactive
RSI
$2.92B
| $715 | ﹤0.01% |
56,020
-1,243,660
| -96% | -$14.2M |
|
|
FRGI
3314
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $715 | ﹤0.01% |
76,320
+27,243
| +56% | +$236K |
|
|
WOW
3315
DELISTED
WideOpenWest
WOW
| $713 | ﹤0.01% |
+137,439
| New | +$791K |
|
3316
CALL
Moderna
MRNA
$22.3B
| $708 | ﹤0.01% |
+10,000
| New | +$697K |
|
3317
uniQure
QURE
$3.04B
| $708 | ﹤0.01% |
19,221
-251,505
| -93% | -$10.3M |
|
|
CLVS
3318
DELISTED
Clovis Oncology, Inc.
CLVS
| $708 | ﹤0.01% |
121,492
-108,427
| -47% | -$649K |
|
|
PROF
3319
Profound Medical
PROF
$303M
| $707 | ﹤0.01% |
40,070
+26,494
| +195% | +$421K |
|
|
CORE
3320
DELISTED
Core Mark Holding Co., Inc.
CORE
| $707 | ﹤0.01% |
24,454
-73,030
| -75% | -$2.13M |
|
3321
Ironwood Pharmaceuticals
IRWD
$733M
| $704 | ﹤0.01% |
78,286
-232,012
| -75% | -$2.31M |
|
3322
PUT
Campbell Soup
CPB
$6.66B
| $701 | ﹤0.01% |
+14,500
| New | +$716K |
|
3323
CALL
DexCom
DXCM
$32.8B
| $701 | ﹤0.01% |
6,800
-1,200
| -15% | -$125K |
|
3324
CALL
SL Green Realty
SLG
$3.83B
| $696 | ﹤0.01% |
+15,495
| New | +$718K |
|
|
TBHC
3325
DELISTED
The Brand House Collective
TBHC
| $695 | ﹤0.01% |
84,635
+13,541
| +19% | +$88K |
|
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.