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 | |
|---|---|---|---|---|---|---|
|
CIM
1276
Chimera Investment
CIM
$1B
| $9.46K | 0.01% |
384,452
+328,015
| +581% | +$8.74M |
|
|
MASI
1277
CALL
DELISTED
Masimo
MASI
| $9.44K | 0.01% |
40,000
+25,000
| +167% | +$5.6M |
|
1278
Olin
OLN
$2.12B
| $9.44K | 0.01% |
762,436
-435,148
| -36% | -$5.03M |
|
|
WPF.U
1279
DELISTED
Foley Trasimene Acquisition Corp.
WPF.U
| $9.43K | 0.01% |
835,002
-2,714,998
| -76% | -$29.8M |
|
1280
CALL
Lockheed Martin
LMT
$136B
| $9.39K | 0.01% |
+24,500
| New | +$9.35M |
|
1281
ManpowerGroup
MAN
$2.63B
| $9.38K | 0.01% |
127,893
-25,058
| -16% | -$1.8M |
|
|
WW
1282
DELISTED
WW International
WW
| $9.37K | 0.01% |
496,627
-122,244
| -20% | -$2.88M |
|
1283
CALL
Hewlett Packard
HPE
$70.5B
| $9.37K | 0.01% |
+1,000,000
| New | +$9.55M |
|
1284
PUT
Dollar Tree
DLTR
$25.2B
| $9.35K | 0.01% |
102,400
+8,800
| +9% | +$828K |
|
1285
HCA Healthcare
HCA
$89.5B
| $9.34K | 0.01% |
74,917
+55,664
| +289% | +$6.89M |
|
1286
AvalonBay Communities
AVB
$26.8B
| $9.32K | 0.01% |
62,439
-235,570
| -79% | -$36M |
|
1287
DraftKings
DKNG
$11.9B
| $9.32K | 0.01% |
158,455
-50,294
| -24% | -$1.96M |
|
1288
New Jersey Resources
NJR
$5.58B
| $9.32K | 0.01% |
345,000
+225,460
| +189% | +$6.86M |
|
1289
Zebra Technologies
ZBRA
$17.8B
| $9.31K | 0.01% |
36,890
-16,544
| -31% | -$4.45M |
|
|
LCIDW
1290
CALL
DELISTED
Lucid Group, Inc. Warrant
LCIDW
| $9.31K | 0.01% |
+952,000
| New | +$1.46M |
|
|
CNST
1291
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $9.3K | 0.01% |
459,286
+277,785
| +153% | +$6.78M |
|
1292
ConocoPhillips
COP
$141B
| $9.3K | 0.01% |
283,286
+71,777
| +34% | +$2.72M |
|
1293
SAP
SAP
$238B
| $9.3K | 0.01% |
+59,669
| New | +$9.47M |
|
1294
Fidelity National Information Services
FIS
$22.1B
| $9.29K | 0.01% |
63,118
-808,838
| -93% | -$117M |
|
1295
Intellia Therapeutics
NTLA
$1.67B
| $9.24K | 0.01% |
464,919
+328,494
| +241% | +$6.85M |
|
|
CIICU
1296
DELISTED
CIIG Merger Corp. Units
CIICU
| $9.23K | 0.01% |
903,619
-166
| -0% | -$1.74K |
|
|
TECX
1297
Tectonic Therapeutic
TECX
$606M
| $9.22K | 0.01% |
59,005
+14,092
| +31% | +$2.84M |
|
1298
Takeda Pharmaceutical
TAK
$55.7B
| $9.2K | 0.01% |
515,404
-358,519
| -41% | -$6.53M |
|
|
QIWI
1299
DELISTED
QIWI PLC
QIWI
| $9.19K | 0.01% |
529,416
+206,875
| +64% | +$3.73M |
|
1300
Lithia Motors
LAD
$8.26B
| $9.16K | 0.01% |
40,206
-39,217
| -49% | -$8.82M |
|
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.