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 | |
|---|---|---|---|---|---|---|
876
CALL
VanEck Junior Gold Miners ETF
GDXJ
$8.46B
| $16.6K | 0.02% |
300,000
-260,000
| -46% | -$15M |
|
877
New York Times
NYT
$10.2B
| $16.6K | 0.02% |
387,741
+310,269
| +400% | +$13.6M |
|
878
CALL
Mondelez International
MDLZ
$79.9B
| $16.6K | 0.02% |
288,700
+90,000
| +45% | +$5.01M |
|
879
Papa John's
PZZA
$806M
| $16.6K | 0.02% |
201,426
+133,881
| +198% | +$12.3M |
|
880
American Eagle Outfitters
AEO
$3.01B
| $16.5K | 0.02% |
1,115,841
-4,935,084
| -82% | -$58.8M |
|
881
PUT
Wells Fargo
WFC
$264B
| $16.4K | 0.02% |
697,700
-342,600
| -33% | -$8.44M |
|
|
RSX
882
DELISTED
VanEck Russia ETF
RSX
| $16.4K | 0.02% |
782,961
+738,061
| +1,644% | +$16.3M |
|
883
CALL
Lam Research
LRCX
$390B
| $16.4K | 0.02% |
494,000
+198,000
| +67% | +$6.82M |
|
|
STLN
884
Starling Oncology, Inc. Common Stock
STLN
$641M
| $16.4K | 0.02% |
1,576,600
+1,466,800
| +1,336% | +$15.2M |
|
885
XPeng
XPEV
$11.6B
| $16.3K | 0.02% |
+814,343
| New | +$15.9M |
|
886
RenaissanceRe
RNR
$13.4B
| $16.3K | 0.02% |
96,273
-35,214
| -27% | -$6.23M |
|
|
IPG
887
DELISTED
Interpublic Group of Companies
IPG
| $16.3K | 0.02% |
979,635
+706,075
| +258% | +$12.6M |
|
888
iShares China Large-Cap ETF
FXI
$4.31B
| $16.3K | 0.02% |
388,201
+363,475
| +1,470% | +$15.6M |
|
|
KPLTW
889
CALL
DELISTED
Katapult Holdings Warrant
KPLTW
| $16.3K | 0.02% |
1,625,000
+250,000
| +18% | +$286K |
|
890
Ares Management
ARES
$30.9B
| $16.3K | 0.02% |
402,964
-20,591
| -5% | -$822K |
|
891
Becton Dickinson
BDX
$48.2B
| $16.3K | 0.02% |
71,699
-14,409
| -17% | -$3.54M |
|
892
PUT
Equinix
EQIX
$103B
| $16.3K | 0.02% |
21,400
+8,000
| +60% | +$6.05M |
|
893
Texas Instruments
TXN
$261B
| $16.2K | 0.02% |
113,621
-3,361
| -3% | -$457K |
|
894
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $16.2K | 0.02% |
+150,000
| New | +$16.2M |
|
|
LOTZ
895
DELISTED
CarLotz, Inc. Class A Common Stock
LOTZ
| $16.2K | 0.02% |
1,583,817
+933,817
| +144% | +$9.58M |
|
896
ADT
ADT
$5.58B
| $16.2K | 0.02% |
1,978,350
+1,296,219
| +190% | +$12.6M |
|
897
PUT
Lowe's Companies
LOW
$125B
| $16.1K | 0.02% |
97,300
-411,500
| -81% | -$63.4M |
|
|
NTST
898
NETSTREIT Corp
NTST
$2.1B
| $16.1K | 0.02% |
+882,729
| New | +$15.9M |
|
899
Brink's
BCO
$4.62B
| $16K | 0.02% |
390,321
+308,187
| +375% | +$13.6M |
|
|
NFH.WS
900
CALL
DELISTED
New Frontier Health Corporation Warrants, each whole warrant exercisable for one Ordinary Share at a
NFH.WS
| $16K | 0.02% |
+2,100,000
| New | +$3.61M |
|
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.