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 | |
|---|---|---|---|---|---|---|
1126
Sanofi
SNY
$104B
| $11.2K | 0.01% |
222,237
+89,271
| +67% | +$4.6M |
|
1127
Booz Allen Hamilton
BAH
$9.15B
| $11.1K | 0.01% |
134,275
+62,778
| +88% | +$5.14M |
|
|
EA
1128
DELISTED
Electronic Arts
EA
| $11.1K | 0.01% |
85,320
-319,634
| -79% | -$43.6M |
|
1129
Innovative Industrial Properties
IIPR
$1.72B
| $11.1K | 0.01% |
89,606
-95,663
| -52% | -$10.7M |
|
1130
PUT
AMC Global Media
AMCX
$489M
| $11.1K | 0.01% |
+450,000
| New | +$10.8M |
|
1131
PUT
Intercontinental Exchange
ICE
$84.4B
| $11.1K | 0.01% |
110,800
-3,100
| -3% | -$306K |
|
1132
Prologis
PLD
$133B
| $11K | 0.01% |
109,758
-678,890
| -86% | -$68M |
|
|
BSN.U
1133
DELISTED
Broadstone Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of on
BSN.U
| $11K | 0.01% |
+1,106,979
| New | +$11M |
|
|
PDAC.U
1134
DELISTED
Peridot Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of one
PDAC.U
| $11K | 0.01% |
+1,101,698
| New | +$11M |
|
1135
Jabil
JBL
$35.8B
| $11K | 0.01% |
320,989
+93,496
| +41% | +$3.13M |
|
1136
PUT
Vanguard Real Estate ETF
VNQ
$39B
| $11K | 0.01% |
139,100
+102,400
| +279% | +$8.22M |
|
1137
NorthWestern Energy
NWE
$4.43B
| $11K | 0.01% |
225,582
+149,114
| +195% | +$7.92M |
|
1138
CALL
Dollar Tree
DLTR
$25.2B
| $11K | 0.01% |
120,000
+97,700
| +438% | +$9.19M |
|
1139
Levi Strauss
LEVI
$9.39B
| $11K | 0.01% |
817,326
+624,858
| +325% | +$7.93M |
|
1140
Genpact
G
$5.76B
| $10.9K | 0.01% |
281,140
+232,774
| +481% | +$9.17M |
|
1141
Medpace
MEDP
$16.5B
| $10.9K | 0.01% |
97,907
+74,082
| +311% | +$8.57M |
|
1142
Bloom Energy
BE
$64.6B
| $10.9K | 0.01% |
608,253
+10,234
| +2% | +$153K |
|
1143
Hancock Whitney
HWC
$6.24B
| $10.9K | 0.01% |
580,303
+27,602
| +5% | +$540K |
|
1144
AST SpaceMobile
ASTS
$21.5B
| $10.9K | 0.01% |
1,083,200
+83,200
| +8% | +$843K |
|
1145
CALL
PENN Entertainment
PENN
$2.71B
| $10.9K | 0.01% |
+150,000
| New | +$7.36M |
|
|
QTS
1146
DELISTED
QTS REALTY TRUST, INC.
QTS
| $10.9K | 0.01% |
172,607
-209,988
| -55% | -$14M |
|
|
FSKR
1147
DELISTED
FS KKR Capital Corp. II
FSKR
| $10.9K | 0.01% |
+738,880
| New | +$10.6M |
|
1148
Extra Space Storage
EXR
$31.6B
| $10.8K | 0.01% |
101,281
+44,875
| +80% | +$4.64M |
|
1149
Q2 Holdings
QTWO
$3.92B
| $10.8K | 0.01% |
118,705
+48,737
| +70% | +$4.55M |
|
|
CYBR
1150
DELISTED
CyberArk
CYBR
| $10.8K | 0.01% |
104,692
+92,671
| +771% | +$9.98M |
|
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.