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 | |
|---|---|---|---|---|---|---|
|
NKLA
3926
DELISTED
Nikola Corporation Common Stock
NKLA
| $241 | ﹤0.01% |
393
-18,466
| -98% | -$21.5M |
|
3927
Appian
APPN
$1.98B
| $240 | ﹤0.01% |
3,711
-5,895
| -61% | -$319K |
|
3928
Pangaea Logistics
PANL
$498M
| $240 | ﹤0.01% |
92,752
-13,202
| -12% | -$30.3K |
|
3929
Townsquare Media
TSQ
$106M
| $240 | ﹤0.01% |
51,493
-20,433
| -28% | -$94.9K |
|
|
CPLG
3930
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $240 | ﹤0.01% |
43,973
-109,424
| -71% | -$579K |
|
3931
Ecopetrol
EC
$34.5B
| $239 | ﹤0.01% |
24,238
-165,296
| -87% | -$1.88M |
|
3932
Southside Bancshares
SBSI
$967M
| $239 | ﹤0.01% |
9,795
-206,631
| -95% | -$5.58M |
|
|
TPHS
3933
DELISTED
Trinity Place Holdings Inc.com
TPHS
| $239 | ﹤0.01% |
169,406
-6,480
| -4% | -$9.13K |
|
3934
Li Auto
LI
$13.4B
| $237 | ﹤0.01% |
+13,600
| New | +$227K |
|
3935
Velocity Financial
VEL
$689M
| $236 | ﹤0.01% |
47,006
-75,534
| -62% | -$333K |
|
3936
CALL
Neogen
NEOG
$2.63B
| $235 | ﹤0.01% |
+6,000
| New | +$230K |
|
|
VRE
3937
DELISTED
Veris Residential
VRE
| $235 | ﹤0.01% |
18,648
-42,342
| -69% | -$578K |
|
3938
Hyster-Yale Materials Handling
HY
$599M
| $234 | ﹤0.01% |
6,295
-28,759
| -82% | -$1.13M |
|
3939
DNA X Inc
SONM
$5.05M
| $234 | ﹤0.01% |
167
+45
| +37% | +$72.3K |
|
3940
BP
BP
$116B
| $233 | ﹤0.01% |
13,359
-671,592
| -98% | -$14.5M |
|
3941
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$105M
| $233 | ﹤0.01% |
+3,529
| New | +$293K |
|
3942
First Financial Corp
THFF
$958M
| $233 | ﹤0.01% |
+7,433
| New | +$251K |
|
|
ECOM
3943
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $233 | ﹤0.01% |
16,092
-235,309
| -94% | -$3.9M |
|
|
DSPG
3944
DELISTED
DSP Group Inc
DSPG
| $233 | ﹤0.01% |
17,659
-83,249
| -82% | -$1.22M |
|
3945
Compañía de Minas Buenaventura
BVN
$7.69B
| $231 | ﹤0.01% |
18,900
-793,772
| -98% | -$9.52M |
|
3946
Coeur Mining
CDE
$15.4B
| $231 | ﹤0.01% |
31,339
-530,751
| -94% | -$3.99M |
|
3947
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.55B
| $230 | ﹤0.01% |
6,521
-762
| -10% | -$27.2K |
|
|
CNBKA
3948
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $229 | ﹤0.01% |
+3,484
| New | +$247K |
|
3949
JPMorgan BetaBuilders Japan ETF
BBJP
$17.5B
| $228 | ﹤0.01% |
4,612
-11,834
| -72% | -$566K |
|
3950
Glacier Bancorp
GBCI
$6.42B
| $228 | ﹤0.01% |
7,112
-289,471
| -98% | -$10M |
|
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.