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 | |
|---|---|---|---|---|---|---|
1326
Puma Biotechnology
PBYI
$454M
| $8.93K | 0.01% |
885,340
-286,840
| -24% | -$2.92M |
|
1327
Palo Alto Networks
PANW
$297B
| $8.93K | 0.01% |
218,886
-146,904
| -40% | -$6.11M |
|
1328
Euronet Worldwide
EEFT
$2.7B
| $8.9K | 0.01% |
97,713
-144,703
| -60% | -$14.1M |
|
1329
NNN REIT
NNN
$8.99B
| $8.89K | 0.01% |
257,513
-210,710
| -45% | -$7.53M |
|
1330
Magnolia Oil & Gas
MGY
$5.94B
| $8.88K | 0.01% |
1,717,220
+1,085,715
| +172% | +$6.76M |
|
1331
Hexcel
HXL
$7.82B
| $8.85K | 0.01% |
+263,811
| New | +$10.6M |
|
1332
MP Materials
MP
$9.1B
| $8.85K | 0.01% |
+651,720
| New | +$8.23M |
|
1333
Ternium
TX
$10.6B
| $8.84K | 0.01% |
469,368
+363,096
| +342% | +$6.09M |
|
1334
PUT
DraftKings
DKNG
$11.9B
| $8.83K | 0.01% |
+150,000
| New | +$5.83M |
|
|
MPT
1335
CALL
Medical Properties Trust
MPT
$2.81B
| $8.81K | 0.01% |
+500,000
| New | +$9.3M |
|
1336
Lyft
LYFT
$6.63B
| $8.81K | 0.01% |
319,912
+293,359
| +1,105% | +$8.72M |
|
1337
Hims & Hers Health
HIMS
$7.31B
| $8.81K | 0.01% |
750,000
| – | – |
|
1338
First Horizon
FHN
$12.1B
| $8.79K | 0.01% |
931,881
-1,988,588
| -68% | -$18.7M |
|
1339
StepStone Group
STEP
$3.82B
| $8.77K | 0.01% |
+329,423
| New | +$8.4M |
|
|
NAV
1340
PUT
DELISTED
Navistar International
NAV
| $8.76K | 0.01% |
+201,100
| New | +$6.9M |
|
1341
Core Laboratories
CLB
$521M
| $8.75K | 0.01% |
573,157
+313,685
| +121% | +$6.58M |
|
1342
Wheaton Precious Metals
WPM
$60.9B
| $8.72K | 0.01% |
+177,729
| New | +$9.06M |
|
1343
Aramark
ARMK
$14.7B
| $8.71K | 0.01% |
455,830
+106,325
| +30% | +$1.9M |
|
1344
Lear
LEA
$8.18B
| $8.69K | 0.01% |
79,658
-23,779
| -23% | -$2.71M |
|
1345
VanEck Oil Services ETF
OIH
$1.92B
| $8.69K | 0.01% |
88,886
+38,779
| +77% | +$4.76M |
|
1346
Bank OZK
OZK
$5.61B
| $8.68K | 0.01% |
407,266
+52,602
| +15% | +$1.23M |
|
|
WPF.WS
1347
CALL
DELISTED
Foley Trasimene Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A
WPF.WS
| $8.68K | 0.01% |
+837,974
| New | +$1.77M |
|
|
SC
1348
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $8.64K | 0.01% |
475,213
+343,229
| +260% | +$6.11M |
|
|
PRPB.WS
1349
CALL
DELISTED
CC Neuberger Principal Holdings II Redeemable warrants, each whole warrant exercisable for one Class
PRPB.WS
| $8.64K | 0.01% |
+859,350
| New | +$1.45M |
|
1350
Fox Factory Holding Corp
FOXF
$886M
| $8.63K | 0.01% |
+116,076
| New | +$10.4M |
|
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.