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 | |
|---|---|---|---|---|---|---|
|
BBBY
651
DELISTED
Bed Bath & Beyond Inc
BBBY
| $24.4K | 0.03% |
1,628,927
+1,481,424
| +1,004% | +$17.1M |
|
|
CETV
652
DELISTED
Central European Media Enterprises Ltd
CETV
| $24.3K | 0.03% |
5,803,464
+1,773,851
| +44% | +$7.22M |
|
|
PRSP
653
DELISTED
Perspecta Inc. Common Stock
PRSP
| $24.3K | 0.03% |
1,250,086
+682,101
| +120% | +$14.4M |
|
654
Berkshire Hathaway Class B
BRK.B
$1.13T
| $24.3K | 0.03% |
114,102
-428,493
| -79% | -$87.7M |
|
655
SSR Mining
SSRM
$6.48B
| $24.3K | 0.03% |
1,300,835
+845,391
| +186% | +$18M |
|
|
ACIA
656
CALL
DELISTED
Acacia Communications Inc
ACIA
| $24.2K | 0.03% |
+359,300
| New | +$24.4M |
|
657
Infosys
INFY
$50.7B
| $24.2K | 0.03% |
1,750,489
-920,981
| -34% | -$11.5M |
|
658
iShares MSCI Brazil ETF
EWZ
$8.95B
| $24.1K | 0.03% |
873,015
-75,940
| -8% | -$2.33M |
|
659
PUT
Western Digital
WDC
$150B
| $24.1K | 0.03% |
873,842
+843,678
| +2,797% | +$25.1M |
|
660
M&T Bank
MTB
$36.2B
| $24.1K | 0.03% |
261,330
+34,109
| +15% | +$3.49M |
|
661
PUT
Seagate
STX
$184B
| $24.1K | 0.03% |
488,300
+70,000
| +17% | +$3.29M |
|
|
PIAI.U
662
DELISTED
Prime Impact Acquisition I Units, each consisting of one Class A ordinary share, and one-third of a redeemable Warrant to acquire one Class A ordinary share
PIAI.U
| $24K | 0.03% |
+2,400,000
| New | +$24M |
|
663
Haemonetics
HAE
$4B
| $24K | 0.03% |
275,496
-11,444
| -4% | -$1M |
|
664
Cousins Properties
CUZ
$4.88B
| $24K | 0.03% |
840,138
-169,155
| -17% | -$5.05M |
|
665
Suncor Energy
SU
$70.3B
| $24K | 0.03% |
1,963,464
+1,690,360
| +619% | +$26.5M |
|
666
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $24K | 0.03% |
285,787
+77,446
| +37% | +$6.52M |
|
667
Equitable Holdings
EQH
$14.1B
| $24K | 0.03% |
1,313,464
+349,724
| +36% | +$7.03M |
|
668
Hartford Financial Services
HIG
$39.3B
| $23.9K | 0.03% |
647,933
+89,883
| +16% | +$3.58M |
|
|
SVACU
669
DELISTED
Starboard Value Acquisition Corp. Unit
SVACU
| $23.8K | 0.03% |
+2,360,000
| New | +$23.9M |
|
670
Tenet Healthcare
THC
$21.1B
| $23.8K | 0.03% |
+971,190
| New | +$24.8M |
|
671
Lincoln National
LNC
$8.81B
| $23.8K | 0.03% |
759,580
+356,561
| +88% | +$12.7M |
|
|
SUM
672
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $23.8K | 0.03% |
1,460,995
+1,060,791
| +265% | +$17M |
|
673
CALL
Workday
WDAY
$44.4B
| $23.7K | 0.03% |
110,000
+107,500
| +4,300% | +$21.3M |
|
674
CALL
Chipotle Mexican Grill
CMG
$41.5B
| $23.6K | 0.03% |
950,000
-5,000
| -0.5% | -$121K |
|
|
PAEWW
675
CALL
DELISTED
PAE Incorporated Warrants
PAEWW
| $23.6K | 0.03% |
2,775,000
+798,200
| +40% | +$1.85M |
|
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.