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 | |
|---|---|---|---|---|---|---|
3851
MaxLinear
MXL
$6.06B
| $266 | ﹤0.01% |
+11,434
| New | +$282K |
|
3852
Spruce Power Holding Corp
SPRU
$35.8M
| $266 | ﹤0.01% |
2,887
-53,540
| -95% | -$4.49M |
|
|
TRTX
3853
TPG RE Finance Trust
TRTX
$612M
| $266 | ﹤0.01% |
31,452
+17,181
| +120% | +$147K |
|
3854
World Acceptance Corp
WRLD
$838M
| $266 | ﹤0.01% |
2,524
-12,714
| -83% | -$1.06M |
|
3855
JPMorgan BetaBuilders Europe ETF
BBEU
$9.35B
| $265 | ﹤0.01% |
+5,798
| New | +$271K |
|
|
AVNS
3856
DELISTED
Avanos Medical
AVNS
| $264 | ﹤0.01% |
+7,932
| New | +$253K |
|
3857
PUT
CF Industries
CF
$19.2B
| $264 | ﹤0.01% |
+8,600
| New | +$274K |
|
3858
CALL
HubSpot
HUBS
$12.2B
| $263 | ﹤0.01% |
+900
| New | +$236K |
|
|
3859
PUT
HubSpot
HUBS
$12.2B
| $263 | ﹤0.01% |
+900
| New | +$236K |
|
3860
Metallus
MTUS
$838M
| $263 | ﹤0.01% |
+73,983
| New | +$284K |
|
|
FFNW
3861
DELISTED
First Financial Northwest, Inc
FFNW
| $263 | ﹤0.01% |
28,817
-56,197
| -66% | -$522K |
|
|
NEE.PRO
3862
DELISTED
NextEra Energy, Inc. 4.872% Corporate Units
NEE.PRO
| $263 | ﹤0.01% |
+4,833
| New | +$263K |
|
3863
Braskem
BAK
$928M
| $262 | ﹤0.01% |
35,009
-185,708
| -84% | -$1.6M |
|
3864
CALL
Sunrun
RUN
$2.34B
| $262 | ﹤0.01% |
+3,400
| New | +$160K |
|
|
3865
PUT
Sunrun
RUN
$2.34B
| $262 | ﹤0.01% |
+3,400
| New | +$160K |
|
|
SOL
3866
DELISTED
Emeren Group
SOL
| $262 | ﹤0.01% |
+126,706
| New | +$218K |
|
|
WBK
3867
DELISTED
Westpac Banking Corporation
WBK
| $262 | ﹤0.01% |
+21,777
| New | +$270K |
|
|
CNTG
3868
DELISTED
Centogene N.V. Common Shares
CNTG
| $261 | ﹤0.01% |
+27,612
| New | +$351K |
|
3869
Methanex
MEOH
$4.3B
| $260 | ﹤0.01% |
10,645
-33,782
| -76% | -$717K |
|
|
ATCO
3870
DELISTED
Atlas Corp.
ATCO
| $260 | ﹤0.01% |
29,062
+9,328
| +47% | +$75.7K |
|
3871
Mercantile Bank Corp
MBWM
$1.04B
| $259 | ﹤0.01% |
14,378
+1,810
| +14% | +$37.9K |
|
3872
PAR Technology
PAR
$699M
| $259 | ﹤0.01% |
6,390
-27,722
| -81% | -$991K |
|
3873
IDT Corp
IDT
$1.64B
| $258 | ﹤0.01% |
39,171
+22,383
| +133% | +$148K |
|
3874
NewMarket
NEU
$7.82B
| $258 | ﹤0.01% |
754
-3,276
| -81% | -$1.25M |
|
3875
Nokia
NOK
$51B
| $258 | ﹤0.01% |
66,051
-3,508,693
| -98% | -$15.8M |
|
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.