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 | |
|---|---|---|---|---|---|---|
3326
Intercorp Financial Services
IFS
$6.57B
| $694 | ﹤0.01% |
30,044
-75,377
| -72% | -$1.89M |
|
|
ELVT
3327
DELISTED
Elevate Credit, Inc.
ELVT
| $694 | ﹤0.01% |
270,077
+48,059
| +22% | +$102K |
|
3328
Newmark Group
NMRK
$2.71B
| $691 | ﹤0.01% |
160,033
+143,505
| +868% | +$621K |
|
3329
Columbia Financial
CLBK
$1.11B
| $690 | ﹤0.01% |
62,191
+28,744
| +86% | +$340K |
|
3330
York Water
YORW
$501M
| $690 | ﹤0.01% |
+16,316
| New | +$747K |
|
3331
American Airlines Group
AAL
$10.6B
| $689 | ﹤0.01% |
56,054
-65,263
| -54% | -$818K |
|
3332
Dana Inc
DAN
$2.95B
| $689 | ﹤0.01% |
55,893
-36,878
| -40% | -$479K |
|
|
BRY
3333
DELISTED
Berry Corp
BRY
| $686 | ﹤0.01% |
216,329
+46,642
| +27% | +$196K |
|
3334
Crawford & Co Class B
CRD.B
$497M
| $686 | ﹤0.01% |
106,535
-2,432
| -2% | -$17.2K |
|
3335
Paylocity
PCTY
$7.48B
| $686 | ﹤0.01% |
4,252
+785
| +23% | +$111K |
|
|
ANAT
3336
DELISTED
American National Group, Inc. Common Stock
ANAT
| $686 | ﹤0.01% |
10,163
+2,386
| +31% | +$173K |
|
3337
Carriage Services
CSV
$642M
| $684 | ﹤0.01% |
30,655
-167,407
| -85% | -$3.52M |
|
3338
CALL
Datadog
DDOG
$98.1B
| $684 | ﹤0.01% |
+6,700
| New | +$583K |
|
|
3339
PUT
Datadog
DDOG
$98.1B
| $684 | ﹤0.01% |
+6,700
| New | +$583K |
|
3340
JFrog
FROG
$9.84B
| $684 | ﹤0.01% |
+8,076
| New | +$601K |
|
|
MTA
3341
Metalla Royalty & Streaming
MTA
$698M
| $683 | ﹤0.01% |
86,579
-13,030
| -13% | -$101K |
|
|
PMBC
3342
DELISTED
Pacific Mercantile Bancorp
PMBC
| $683 | ﹤0.01% |
183,534
+4,801
| +3% | +$17.6K |
|
3343
Penske Automotive Group
PAG
$14.2B
| $681 | ﹤0.01% |
14,293
+3,091
| +28% | +$144K |
|
3344
Strategy Inc
MSTR
$34.8B
| $680 | ﹤0.01% |
45,140
+10,140
| +29% | +$137K |
|
3345
Workiva
WK
$3.4B
| $680 | ﹤0.01% |
+12,202
| New | +$679K |
|
3346
Community Health Systems
CYH
$412M
| $679 | ﹤0.01% |
160,846
+88,195
| +121% | +$389K |
|
|
SAFE
3347
Safehold
SAFE
$1.17B
| $679 | ﹤0.01% |
+11,812
| New | +$698K |
|
|
APLT
3348
DELISTED
Applied Therapeutics
APLT
| $678 | ﹤0.01% |
32,665
+18,904
| +137% | +$491K |
|
3349
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.43B
| $677 | ﹤0.01% |
6,022
+263
| +5% | +$29.6K |
|
3350
Five Point Holdings
FPH
$373M
| $677 | ﹤0.01% |
162,313
-168,947
| -51% | -$819K |
|
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.