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 | |
|---|---|---|---|---|---|---|
3351
CALL
Take-Two Interactive
TTWO
$45.9B
| $677 | ﹤0.01% |
+4,100
| New | +$666K |
|
|
LORL
3352
DELISTED
Loral Space and Communications, Inc.
LORL
| $676 | ﹤0.01% |
36,916
-88,696
| -71% | -$1.81M |
|
3353
PUT
Avantor
AVTR
$9.2B
| $675 | ﹤0.01% |
+30,000
| New | +$624K |
|
3354
ProShares UltraShort QQQ
QID
$265M
| $675 | ﹤0.01% |
+3,570
| New | +$739K |
|
|
BRW
3355
Saba Capital Income & Opportunities Fund
BRW
$340M
| $674 | ﹤0.01% |
+76,466
| New | +$670K |
|
|
VNE
3356
DELISTED
Veoneer, Inc.
VNE
| $673 | ﹤0.01% |
45,793
-431,568
| -90% | -$5.2M |
|
3357
Independent Bank Corp
IBCP
$798M
| $672 | ﹤0.01% |
53,467
+8,881
| +20% | +$124K |
|
|
PRVL
3358
DELISTED
Prevail Therapeutics Inc. Common Stock
PRVL
| $672 | ﹤0.01% |
66,022
-61,789
| -48% | -$829K |
|
|
SWI
3359
DELISTED
SolarWinds Corporation Common Stock
SWI
| $671 | ﹤0.01% |
31,270
-258,022
| -89% | -$5.26M |
|
3360
Cimpress
CMPR
$2.4B
| $670 | ﹤0.01% |
8,918
-858
| -9% | -$73.5K |
|
3361
CorVel
CRVL
$3.13B
| $670 | ﹤0.01% |
23,541
-33,387
| -59% | -$896K |
|
3362
Ezcorp Inc
EZPW
$1.85B
| $669 | ﹤0.01% |
133,033
-106,671
| -45% | -$592K |
|
|
CLDB
3363
DELISTED
CORTLAND BNCP CRTLD OHIO
CLDB
| $669 | ﹤0.01% |
+45,699
| New | +$675K |
|
|
IHC
3364
DELISTED
Independence Holding Company
IHC
| $669 | ﹤0.01% |
+17,753
| New | +$615K |
|
3365
Washington Trust Bancorp
WASH
$758M
| $667 | ﹤0.01% |
21,749
-113,420
| -84% | -$3.74M |
|
3366
Larimar Therapeutics
LRMR
$398M
| $666 | ﹤0.01% |
43,886
+26,765
| +156% | +$339K |
|
3367
PUT
Perrigo
PRGO
$1.46B
| $666 | ﹤0.01% |
14,500
+3,500
| +32% | +$183K |
|
3368
CALL
Cloudflare
NET
$101B
| $665 | ﹤0.01% |
+16,200
| New | +$620K |
|
3369
CALL
TransDigm Group
TDG
$71.4B
| $665 | ﹤0.01% |
+1,400
| New | +$658K |
|
|
LTC
3370
LTC Properties
LTC
$2B
| $664 | ﹤0.01% |
19,034
-48,365
| -72% | -$1.78M |
|
3371
CALL
OraSure Technologies
OSUR
$286M
| $662 | ﹤0.01% |
+54,400
| New | +$743K |
|
3372
Matthews International
MATW
$889M
| $661 | ﹤0.01% |
29,566
-501,921
| -94% | -$10.8M |
|
3373
Interparfums
IPAR
$4.01B
| $657 | ﹤0.01% |
+17,580
| New | +$757K |
|
|
3374
PUT
Cloudflare
NET
$101B
| $657 | ﹤0.01% |
+16,000
| New | +$613K |
|
3375
CALL
Occidental Petroleum Corp Warrants
OXY.WS
$31.6B
| $657 | ﹤0.01% |
+65,601
| New | +$210K |
|
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.