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 | |
|---|---|---|---|---|---|---|
|
MTEM
1301
DELISTED
Molecular Templates, Inc.
MTEM
| $9.15K | 0.01% |
55,890
+19,362
| +53% | +$3.44M |
|
1302
Simply Good Foods
SMPL
$982M
| $9.15K | 0.01% |
414,893
-131,105
| -24% | -$3.05M |
|
1303
Gerdau
GGB
$9.7B
| $9.15K | 0.01% |
3,114,977
+2,574,245
| +476% | +$7.06M |
|
1304
CVR Energy
CVI
$3.13B
| $9.15K | 0.01% |
+738,794
| New | +$12.5M |
|
|
LGVW.U
1305
DELISTED
Longview Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-thir
LGVW.U
| $9.13K | 0.01% |
900,000
-450,000
| -33% | -$4.59M |
|
|
ALBO
1306
DELISTED
Albireo Pharma Inc
ALBO
| $9.12K | 0.01% |
+273,266
| New | +$7.96M |
|
1307
PUT
Vertex Pharmaceuticals
VRTX
$126B
| $9.12K | 0.01% |
33,500
+6,100
| +22% | +$1.68M |
|
|
HDS
1308
DELISTED
HD Supply Holdings, Inc.
HDS
| $9.11K | 0.01% |
220,947
-213,024
| -49% | -$8.14M |
|
|
SNBR
1309
DELISTED
Sleep Number
SNBR
| $9.08K | 0.01% |
185,613
+166,105
| +851% | +$7.81M |
|
1310
CALL
Intuit
INTU
$89B
| $9.07K | 0.01% |
27,800
-13,000
| -32% | -$4.07M |
|
|
HBI
1311
DELISTED
Hanesbrands
HBI
| $9.07K | 0.01% |
575,698
-920,189
| -62% | -$13.5M |
|
|
HECCU
1312
DELISTED
Hudson Executive Investment Corp. Units
HECCU
| $9.06K | 0.01% |
867,431
-1,132,569
| -57% | -$11.6M |
|
1313
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $9.04K | 0.01% |
26,692
+20,627
| +340% | +$7.04M |
|
|
X
1314
PUT
DELISTED
US Steel
X
| $9.04K | 0.01% |
1,231,700
+1,149,200
| +1,393% | +$8.71M |
|
|
FEAC.U
1315
DELISTED
Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f
FEAC.U
| $9.04K | 0.01% |
700,000
-1,406,300
| -67% | -$17.4M |
|
1316
Burlington
BURL
$23.2B
| $9.02K | 0.01% |
43,743
-104,686
| -71% | -$20.4M |
|
1317
Rayonier
RYN
$6.55B
| $9K | 0.01% |
375,163
-117,110
| -24% | -$2.92M |
|
1318
Brighthouse Financial
BHF
$3.5B
| $9K | 0.01% |
334,342
-12,006
| -3% | -$349K |
|
1319
Ollie's Bargain Outlet
OLLI
$4.94B
| $8.99K | 0.01% |
102,953
-193,930
| -65% | -$19M |
|
|
CIT
1320
DELISTED
CIT Group Inc.
CIT
| $8.99K | 0.01% |
507,700
+60,412
| +14% | +$1.15M |
|
1321
Textron
TXT
$15.4B
| $8.99K | 0.01% |
248,991
-120,688
| -33% | -$4.38M |
|
|
DAY
1322
DELISTED
Dayforce
DAY
| $8.98K | 0.01% |
108,661
+99,133
| +1,040% | +$7.75M |
|
1323
Jones Lang LaSalle
JLL
$16.7B
| $8.97K | 0.01% |
93,802
-63,661
| -40% | -$6.41M |
|
1324
Paycom
PAYC
$9.69B
| $8.95K | 0.01% |
28,737
-23,453
| -45% | -$6.85M |
|
1325
CALL
Dell
DELL
$293B
| $8.94K | 0.01% |
+260,633
| New | +$8.13M |
|
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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.