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 | |
|---|---|---|---|---|---|---|
976
Harmony Biosciences
HRMY
$2.24B
| $14K | 0.02% |
+414,287
| New | +$15.1M |
|
|
JOYY
977
JOYY Inc
JOYY
$3.75B
| $14K | 0.02% |
173,433
+121,738
| +235% | +$9.98M |
|
978
Red Rock Resorts
RRR
$3.62B
| $14K | 0.02% |
816,071
-480,356
| -37% | -$6.99M |
|
979
PUT
Air Products & Chemicals
APD
$67.6B
| $13.9K | 0.02% |
46,800
-66,800
| -59% | -$19.2M |
|
980
Kemper
KMPR
$1.68B
| $13.9K | 0.02% |
208,570
+157,581
| +309% | +$12M |
|
|
CTXS
981
PUT
DELISTED
Citrix Systems Inc
CTXS
| $13.9K | 0.02% |
101,000
-3,700
| -4% | -$529K |
|
982
Crocs
CROX
$6.55B
| $13.9K | 0.02% |
325,366
+47,951
| +17% | +$1.85M |
|
983
Sociedad Química y Minera de Chile
SQM
$20.6B
| $13.9K | 0.02% |
427,906
-369,795
| -46% | -$11.5M |
|
984
PUT
Blackrock
BLK
$176B
| $13.9K | 0.02% |
24,600
+16,400
| +200% | +$9.36M |
|
985
PUT
Wynn Resorts
WYNN
$10.6B
| $13.8K | 0.02% |
192,600
+80,000
| +71% | +$6.34M |
|
986
Silgan Holdings
SLGN
$4.41B
| $13.8K | 0.02% |
375,141
+9,533
| +3% | +$349K |
|
987
Cohen & Steers
CNS
$4.3B
| $13.8K | 0.02% |
246,732
+190,161
| +336% | +$11.7M |
|
988
Comstock Resources
CRK
$3.94B
| $13.8K | 0.02% |
3,139,268
+960,605
| +44% | +$5.09M |
|
|
X
989
DELISTED
US Steel
X
| $13.7K | 0.02% |
+1,871,748
| New | +$14.2M |
|
990
Canadian Natural Resources
CNQ
$93.8B
| $13.7K | 0.02% |
1,750,208
-1,852,793
| -51% | -$16.7M |
|
991
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.64B
| $13.7K | 0.02% |
384,400
+274,400
| +249% | +$10.3M |
|
|
PDCE
992
DELISTED
PDC Energy, Inc.
PDCE
| $13.7K | 0.02% |
1,105,517
-1,555,989
| -58% | -$22.2M |
|
993
iRhythm Holdings
IRTC
$4.2B
| $13.7K | 0.02% |
57,475
+31,649
| +123% | +$5.6M |
|
994
Match Group
MTCH
$8.55B
| $13.7K | 0.02% |
123,632
+105,046
| +565% | +$11.1M |
|
995
Emergent Biosolutions
EBS
$248M
| $13.7K | 0.02% |
132,269
+127,333
| +2,580% | +$13.7M |
|
|
JWN
996
DELISTED
Nordstrom
JWN
| $13.6K | 0.02% |
1,144,364
-148,913
| -12% | -$2.23M |
|
997
Sensient Technologies
SXT
$5.53B
| $13.6K | 0.02% |
236,083
+84,042
| +55% | +$4.64M |
|
|
ALXN
998
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $13.6K | 0.02% |
+118,700
| New | +$12.8M |
|
999
Talkspace
TALK
$874M
| $13.5K | 0.02% |
+1,375,000
| New | +$13.6M |
|
|
CFIIU
1000
DELISTED
CF Finance Acquisition Corp. II Unit
CFIIU
| $13.5K | 0.02% |
+1,345,600
| New | +$13.5M |
|
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.