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 | |
|---|---|---|---|---|---|---|
3826
Camtek
CAMT
$6.18B
| $280 | ﹤0.01% |
+18,184
| New | +$270K |
|
|
LEAF
3827
DELISTED
Leaf Group Ltd.
LEAF
| $280 | ﹤0.01% |
55,784
+1,054
| +2% | +$4.98K |
|
3828
Cato Corp
CATO
$68.3M
| $278 | ﹤0.01% |
+35,525
| New | +$279K |
|
3829
CALL
MongoDB
MDB
$27.1B
| $278 | ﹤0.01% |
+1,200
| New | +$260K |
|
|
3830
PUT
MongoDB
MDB
$27.1B
| $278 | ﹤0.01% |
+1,200
| New | +$260K |
|
|
TTCF
3831
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $278 | ﹤0.01% |
+11,756
| New | +$214K |
|
3832
NVE Corp
NVEC
$562M
| $277 | ﹤0.01% |
5,646
-7,284
| -56% | -$404K |
|
3833
ImmunityBio
IBRX
$7.51B
| $276 | ﹤0.01% |
39,865
-128,476
| -76% | -$1.28M |
|
3834
iShares Expanded Tech-Software Sector ETF
IGV
$12.7B
| $276 | ﹤0.01% |
+4,435
| New | +$266K |
|
|
TTOO
3835
DELISTED
T2 Biosystems, Inc
TTOO
| $276 | ﹤0.01% |
41
+26
| +173% | +$193K |
|
3836
Lakeland Financial Corp
LKFN
$1.56B
| $273 | ﹤0.01% |
+6,635
| New | +$300K |
|
3837
Amneal Pharmaceuticals
AMRX
$5.85B
| $272 | ﹤0.01% |
70,093
-48,504
| -41% | -$207K |
|
3838
Fox Class B
FOX
$21.8B
| $272 | ﹤0.01% |
9,735
+1,703
| +21% | +$45.2K |
|
|
AAT
3839
American Assets Trust
AAT
$1.45B
| $271 | ﹤0.01% |
11,265
-130,433
| -92% | -$3.39M |
|
|
ACR
3840
ACRES Commercial Realty
ACR
$124M
| $271 | ﹤0.01% |
43,199
-58,170
| -57% | -$403K |
|
|
SBOW
3841
DELISTED
SilverBow Resources, Inc.
SBOW
| $269 | ﹤0.01% |
68,556
-4,485
| -6% | -$18.2K |
|
3842
Sierra Bancorp
BSRR
$528M
| $268 | ﹤0.01% |
15,971
-19,845
| -55% | -$355K |
|
3843
CALL
RH
RH
$3.13B
| $268 | ﹤0.01% |
700
-8,000
| -92% | -$2.52M |
|
|
3844
PUT
RH
RH
$3.13B
| $268 | ﹤0.01% |
700
-2,200
| -76% | -$694K |
|
3845
Inseego
INSG
$114M
| $267 | ﹤0.01% |
2,587
-5,812
| -69% | -$671K |
|
|
JAMF
3846
DELISTED
Jamf
JAMF
| $267 | ﹤0.01% |
+7,110
| New | +$267K |
|
3847
Marchex
MCHX
$76.2M
| $267 | ﹤0.01% |
125,763
-56,455
| -31% | -$99.5K |
|
3848
Rhinebeck Bancorp
RBKB
$188M
| $267 | ﹤0.01% |
42,225
+6
| +0% | +$39 |
|
|
BKCC
3849
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $267 | ﹤0.01% |
109,507
-816,329
| -88% | -$2.15M |
|
3850
CALL
Baker Hughes
BKR
$60B
| $266 | ﹤0.01% |
+20,000
| New | +$306K |
|
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.