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 | |
|---|---|---|---|---|---|---|
1001
Oshkosh
OSK
$9.59B
| $13.5K | 0.02% |
183,398
+59,933
| +49% | +$4.61M |
|
|
CHCT
1002
Community Healthcare Trust
CHCT
$454M
| $13.5K | 0.02% |
287,712
-5,830
| -2% | -$267K |
|
1003
Las Vegas Sands
LVS
$29.6B
| $13.5K | 0.02% |
288,310
-1,061,115
| -79% | -$50.7M |
|
1004
Texas Capital Bancshares
TCBI
$4.32B
| $13.4K | 0.02% |
432,057
+308,191
| +249% | +$9.72M |
|
|
TCRR
1005
DELISTED
TCR2 Therapeutics Inc. Common Stock
TCRR
| $13.4K | 0.02% |
661,101
+621,171
| +1,556% | +$10.9M |
|
1006
CALL
Charter Communications
CHTR
$18.2B
| $13.4K | 0.02% |
21,500
-6,800
| -24% | -$4.01M |
|
1007
Chemed
CHE
$7.22B
| $13.4K | 0.02% |
27,888
+1,265
| +5% | +$620K |
|
1008
Landstar System
LSTR
$6.21B
| $13.4K | 0.02% |
106,493
+87,956
| +474% | +$11.1M |
|
|
PSTH.WS
1009
CALL
DELISTED
Pershing Square Tontine Holdings, Ltd. Warrants, exercisable for one share of Class A Common Stock f
PSTH.WS
| $13.3K | 0.02% |
+586,214
| New | +$4.24M |
|
1010
CALL
IBM
IBM
$224B
| $13.3K | 0.02% |
114,328
-147,800
| -56% | -$17.4M |
|
1011
CALL
Lowe's Companies
LOW
$125B
| $13.3K | 0.02% |
80,000
+16,000
| +25% | +$2.46M |
|
1012
WSFS Financial
WSFS
$4.15B
| $13.3K | 0.02% |
491,566
+203,760
| +71% | +$5.75M |
|
1013
Petrobras
PBR
$116B
| $13.3K | 0.02% |
1,861,600
-1,231,744
| -40% | -$10.5M |
|
|
DQ
1014
Daqo New Energy
DQ
$996M
| $13.3K | 0.02% |
489,935
-537,515
| -52% | -$12M |
|
1015
CALL
Abbott
ABT
$187B
| $13.2K | 0.02% |
121,300
+93,500
| +336% | +$9.49M |
|
1016
Repligen
RGEN
$9.25B
| $13.1K | 0.02% |
89,094
-220,619
| -71% | -$31.5M |
|
|
FVAC.U
1017
DELISTED
Fortress Value Acquisition Corp. Units, each consisting of one share of Class A common stock and one
FVAC.U
| $13.1K | 0.02% |
875,001
-1,724,999
| -66% | -$23.4M |
|
|
GLIBA
1018
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $13.1K | 0.02% |
160,027
-56,347
| -26% | -$4.44M |
|
|
GNMK
1019
DELISTED
GenMark Diagnostics, Inc
GNMK
| $13.1K | 0.02% |
923,485
-1,210,037
| -57% | -$18.5M |
|
1020
PUT
DexCom
DXCM
$32B
| $13.1K | 0.02% |
127,200
+87,200
| +218% | +$9.11M |
|
1021
Autodesk
ADSK
$52.6B
| $13.1K | 0.02% |
56,554
-119,595
| -68% | -$28.4M |
|
|
BIG
1022
DELISTED
Big Lots, Inc.
BIG
| $13.1K | 0.02% |
292,818
+188,663
| +181% | +$8.48M |
|
1023
CALL
T-Mobile US
TMUS
$190B
| $13K | 0.02% |
113,800
+87,600
| +334% | +$9.71M |
|
1024
Hewlett Packard
HPE
$70.5B
| $13K | 0.02% |
1,385,468
-3,676,211
| -73% | -$35.1M |
|
1025
Eaton
ETN
$174B
| $13K | 0.02% |
127,174
+37,163
| +41% | +$3.63M |
|
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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.