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 | |
|---|---|---|---|---|---|---|
1226
PUT
Truist Financial
TFC
$64B
| $9.9K | 0.01% |
260,100
+103,500
| +66% | +$3.9M |
|
|
ESPR
1227
DELISTED
Esperion Therapeutics
ESPR
| $9.89K | 0.01% |
266,133
-263,006
| -50% | -$10.4M |
|
1228
NRG Energy
NRG
$24.8B
| $9.89K | 0.01% |
321,668
-301,396
| -48% | -$9.96M |
|
1229
Cushman & Wakefield Ltd
CWK
$3.25B
| $9.88K | 0.01% |
940,229
+725,618
| +338% | +$8.16M |
|
1230
Aurinia Pharmaceuticals
AUPH
$2.11B
| $9.84K | 0.01% |
668,278
+524,387
| +364% | +$7.6M |
|
|
JKS
1231
JinkoSolar
JKS
$891M
| $9.84K | 0.01% |
247,498
+33,700
| +16% | +$772K |
|
1232
PUT
Duke Energy
DUK
$97.3B
| $9.8K | 0.01% |
110,700
-18,100
| -14% | -$1.49M |
|
1233
Expedia Group
EXPE
$37.3B
| $9.79K | 0.01% |
106,807
-555,750
| -84% | -$50M |
|
|
QNGY
1234
DELISTED
Quanergy Systems, Inc.
QNGY
| $9.79K | 0.01% |
49,814
+4,676
| +10% | +$922K |
|
1235
Toll Brothers
TOL
$14.5B
| $9.78K | 0.01% |
201,046
-976,060
| -83% | -$39.5M |
|
|
EA
1236
CALL
DELISTED
Electronic Arts
EA
| $9.78K | 0.01% |
+75,000
| New | +$10.2M |
|
1237
Hubbell
HUBB
$27.2B
| $9.77K | 0.01% |
71,420
-146,674
| -67% | -$20.2M |
|
1238
CALL
Humana
HUM
$46.2B
| $9.77K | 0.01% |
23,600
-22,400
| -49% | -$9.01M |
|
|
HCCOW
1239
CALL
DELISTED
Healthcare Merger Corp. Warrants
HCCOW
| $9.75K | 0.01% |
960,550
+585,550
| +156% | +$986K |
|
1240
TFI International
TFII
$11.5B
| $9.74K | 0.01% |
232,965
+82,363
| +55% | +$3.47M |
|
|
TALKW
1241
CALL
DELISTED
Talkspace Inc Warrant
TALKW
| $9.73K | 0.01% |
+990,000
| New | +$937K |
|
|
UTZ.WS
1242
CALL
DELISTED
Utz Brands, Inc. Warrants, each whole warrant exercisable for one Class A common stock at an exercis
UTZ.WS
| $9.72K | 0.01% |
+543,299
| New | +$3.33M |
|
1243
Blackstone Mortgage Trust
BXMT
$2.38B
| $9.71K | 0.01% |
441,993
+161,456
| +58% | +$3.78M |
|
1244
PUT
Royal Caribbean
RCL
$85.6B
| $9.71K | 0.01% |
150,000
-157,000
| -51% | -$9.24M |
|
1245
Teva Pharmaceuticals
TEVA
$41.2B
| $9.7K | 0.01% |
1,077,050
+960,583
| +825% | +$10.2M |
|
|
FIT
1246
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $9.7K | 0.01% |
1,393,367
+1,091,991
| +362% | +$7.09M |
|
|
TWTR
1247
PUT
DELISTED
Twitter, Inc.
TWTR
| $9.7K | 0.01% |
217,900
-224,600
| -51% | -$8.62M |
|
1248
Fortive
FTV
$18.6B
| $9.69K | 0.01% |
201,544
-161,474
| -44% | -$7.36M |
|
1249
WaFd
WAFD
$2.75B
| $9.69K | 0.01% |
464,304
+292,478
| +170% | +$6.89M |
|
1250
Dynatrace
DT
$14.2B
| $9.66K | 0.01% |
235,618
-104,075
| -31% | -$4.26M |
|
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.