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 | |
|---|---|---|---|---|---|---|
3751
Schwab U.S Small- Cap ETF
SCHA
$22.2B
| $323 | ﹤0.01% |
18,908
-58,352
| -76% | -$1M |
|
3752
Twin Disc
TWIN
$329M
| $321 | ﹤0.01% |
63,364
-30,096
| -32% | -$180K |
|
3753
Consolidated Water Co
CWCO
$467M
| $320 | ﹤0.01% |
30,718
+3,580
| +13% | +$43.4K |
|
3754
CALL
Liquidia Corp
LQDA
$7.48B
| $320 | ﹤0.01% |
+65,000
| New | +$376K |
|
|
EXPR
3755
DELISTED
Express, Inc.
EXPR
| $320 | ﹤0.01% |
26,233
+17,008
| +184% | +$376K |
|
3756
Interface
TILE
$1.99B
| $319 | ﹤0.01% |
52,181
-252,026
| -83% | -$1.88M |
|
3757
Hain Celestial
HAIN
$45M
| $318 | ﹤0.01% |
9,280
-63,054
| -87% | -$2.09M |
|
3758
Nephros
NEPH
$36.8M
| $318 | ﹤0.01% |
43,986
+25,065
| +132% | +$183K |
|
|
PIC.WS
3759
CALL
DELISTED
Pivotal Investment Corporation II Redeemable Warrants, each whole warrant exercisable for shares of
PIC.WS
| $317 | ﹤0.01% |
27,503
-160,829
| -85% | -$230K |
|
3760
ePlus
PLUS
$2.42B
| $316 | ﹤0.01% |
8,638
-48,266
| -85% | -$1.79M |
|
|
AMRS
3761
DELISTED
Amyris Inc.
AMRS
| $316 | ﹤0.01% |
108,119
-1,000,537
| -90% | -$3.67M |
|
|
ZOM
3762
DELISTED
Zomedica Corp.
ZOM
| $316 | ﹤0.01% |
2,872,372
+1,888,860
| +192% | +$260K |
|
|
RJET
3763
Republic Airways Holdings
RJET
$967M
| $315 | ﹤0.01% |
7,111
+3,634
| +105% | +$185K |
|
3764
National Bankshares
NKSH
$259M
| $314 | ﹤0.01% |
+12,386
| New | +$321K |
|
|
SP
3765
DELISTED
SP Plus Corporation
SP
| $314 | ﹤0.01% |
17,488
-96,222
| -85% | -$1.77M |
|
3766
Canadian Solar
CSIQ
$1.02B
| $313 | ﹤0.01% |
8,911
-6,634
| -43% | -$177K |
|
3767
Rocket Companies
RKT
$36.5B
| $313 | ﹤0.01% |
+15,686
| New | +$366K |
|
3768
ARK Blockchain & Fintech Innovation ETF
ARKF
$710M
| $312 | ﹤0.01% |
+7,880
| New | +$292K |
|
3769
CALL
Biogen
BIIB
$30B
| $312 | ﹤0.01% |
1,100
-11,500
| -91% | -$3.21M |
|
3770
Daily Journal
DJCO
$809M
| $312 | ﹤0.01% |
+1,289
| New | +$354K |
|
3771
Inspire Medical Systems
INSP
$1.45B
| $312 | ﹤0.01% |
+2,417
| New | +$266K |
|
3772
Gogo Inc
GOGO
$565M
| $311 | ﹤0.01% |
33,701
-79,070
| -70% | -$432K |
|
|
ONT
3773
Onterris Inc
ONT
$759M
| $310 | ﹤0.01% |
+13,027
| New | +$331K |
|
|
ALYA
3774
DELISTED
Alithya Group Inc Class A Subordinate Voting Shares
ALYA
| $310 | ﹤0.01% |
149,217
-4,285
| -3% | -$7.79K |
|
3775
Alico
ALCO
$280M
| $309 | ﹤0.01% |
10,799
-6,710
| -38% | -$209K |
|
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.