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 | |
|---|---|---|---|---|---|---|
3651
Wipro
WIT
$19.6B
| $388 | ﹤0.01% |
165,008
+67,092
| +69% | +$140K |
|
3652
Beyond Meat
BYND
$292M
| $387 | ﹤0.01% |
2,329
-49,329
| -95% | -$6.68M |
|
|
DUC
3653
DELISTED
Duff & Phelps Utility & Corporate Bond Trust
DUC
| $387 | ﹤0.01% |
+41,942
| New | +$391K |
|
|
DPHCW
3654
CALL
DELISTED
DiamondPeak Holdings Corp. Warrant
DPHCW
| $387 | ﹤0.01% |
13,100
-320,233
| -96% | -$1.76M |
|
3655
Enpro
NPO
$6.63B
| $386 | ﹤0.01% |
6,839
-29,020
| -81% | -$1.57M |
|
3656
Spyre Therapeutics
SYRE
$8.54B
| $386 | ﹤0.01% |
2,180
-5,158
| -70% | -$954K |
|
3657
Regenxbio
RGNX
$620M
| $384 | ﹤0.01% |
13,970
-140,374
| -91% | -$4.58M |
|
3658
Precigen
PGEN
$2.24B
| $383 | ﹤0.01% |
109,457
-219,436
| -67% | -$1.04M |
|
3659
Tilray
TLRY
$618M
| $383 | ﹤0.01% |
7,895
-890
| -10% | -$59.5K |
|
3660
City Holding Co
CHCO
$2.05B
| $382 | ﹤0.01% |
6,626
+2,094
| +46% | +$131K |
|
|
GDEN
3661
DELISTED
Golden Entertainment
GDEN
| $381 | ﹤0.01% |
27,515
-357,832
| -93% | -$4.01M |
|
3662
Pro-Dex
PDEX
$187M
| $381 | ﹤0.01% |
+13,324
| New | +$309K |
|
3663
Greif
GEF
$4.92B
| $380 | ﹤0.01% |
10,506
-88,435
| -89% | -$3.26M |
|
|
MTVA
3664
MetaVia Inc
MTVA
$7.33M
| $380 | ﹤0.01% |
26
-15
| -37% | -$263K |
|
3665
Civista Bancshares
CIVB
$604M
| $379 | ﹤0.01% |
30,282
+3,532
| +13% | +$48.2K |
|
3666
PUT
Travelers Companies
TRV
$78.1B
| $379 | ﹤0.01% |
3,500
-4,600
| -57% | -$527K |
|
3667
Curis
CRIS
$9.78M
| $378 | ﹤0.01% |
807
+723
| +861% | +$341K |
|
|
RAVN
3668
DELISTED
Raven Industries Inc
RAVN
| $378 | ﹤0.01% |
17,572
-297,386
| -94% | -$6.86M |
|
3669
Capri Holdings
CPRI
$1.83B
| $376 | ﹤0.01% |
20,898
-68,032
| -77% | -$1.15M |
|
|
TPIC
3670
DELISTED
TPI Composites
TPIC
| $376 | ﹤0.01% |
+12,975
| New | +$364K |
|
|
YI
3671
111 Inc
YI
$33.9M
| $376 | ﹤0.01% |
6,070
+2,981
| +97% | +$190K |
|
3672
RPC Inc
RES
$1.24B
| $374 | ﹤0.01% |
141,526
-1,592,541
| -92% | -$4.96M |
|
|
VMW
3673
CALL
DELISTED
VMware, Inc
VMW
| $374 | ﹤0.01% |
2,600
-800
| -24% | -$114K |
|
3674
BrightView Holdings
BV
$1.22B
| $373 | ﹤0.01% |
32,701
-208,720
| -86% | -$2.51M |
|
3675
Genco Shipping & Trading
GNK
$1.11B
| $373 | ﹤0.01% |
+54,031
| New | +$364K |
|
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.