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 | |
|---|---|---|---|---|---|---|
1401
State Street SPDR S&P Retail ETF
XRT
$327M
| $8.04K | 0.01% |
+161,800
| New | +$7.93M |
|
1402
CALL
Johnson Controls International
JCI
$92.2B
| $8.03K | 0.01% |
196,500
-64,700
| -25% | -$2.53M |
|
1403
DTE Energy
DTE
$29.1B
| $8.01K | 0.01% |
81,766
-120,033
| -59% | -$11.7M |
|
1404
Illumina
ILMN
$28.4B
| $8K | 0.01% |
26,607
+16,224
| +156% | +$5.59M |
|
|
BCEL
1405
DELISTED
Atreca, Inc. Class A Common Stock
BCEL
| $7.99K | 0.01% |
571,633
+478,176
| +512% | +$7.13M |
|
|
SBG.U
1406
DELISTED
Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o
SBG.U
| $7.99K | 0.01% |
+800,000
| New | +$8.01M |
|
|
PARA
1407
DELISTED
Paramount Global Class B
PARA
| $7.98K | 0.01% |
285,051
+41,824
| +17% | +$1.12M |
|
1408
Seres Therapeutics
MCRB
$48.4M
| $7.98K | 0.01% |
14,094
-4,419
| -24% | -$1.47M |
|
|
SBNY
1409
DELISTED
Signature Bank
SBNY
| $7.98K | 0.01% |
96,132
+56,948
| +145% | +$5.67M |
|
1410
Element Solutions
ESI
$9.23B
| $7.97K | 0.01% |
758,812
-1,316,128
| -63% | -$14.4M |
|
1411
CryoPort
CYRX
$762M
| $7.96K | 0.01% |
167,918
-310,842
| -65% | -$12.6M |
|
1412
Banco Bradesco
BBD
$36.7B
| $7.96K | 0.01% |
2,806,493
-917,748
| -25% | -$3.01M |
|
1413
AvePoint
AVPT
$2.71B
| $7.95K | 0.01% |
750,000
| – | – |
|
1414
CALL
Marvell Technology
MRVL
$196B
| $7.94K | 0.01% |
200,000
+165,300
| +476% | +$6.08M |
|
1415
CALL
Starbucks
SBUX
$120B
| $7.92K | 0.01% |
92,200
+19,900
| +28% | +$1.59M |
|
|
PRAH
1416
DELISTED
PRA Health Sciences, Inc.
PRAH
| $7.9K | 0.01% |
77,918
-105,293
| -57% | -$10.7M |
|
1417
Pinnacle West Capital
PNW
$12.2B
| $7.89K | 0.01% |
105,815
+71,285
| +206% | +$5.46M |
|
1418
Weyerhaeuser
WY
$18.4B
| $7.88K | 0.01% |
276,483
-108,378
| -28% | -$2.98M |
|
|
1419
PUT
Illumina
ILMN
$28.4B
| $7.88K | 0.01% |
26,214
-46,568
| -64% | -$16M |
|
1420
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $7.87K | 0.01% |
+58,912
| New | +$7.87M |
|
1421
CALL
McKesson
MCK
$101B
| $7.86K | 0.01% |
52,800
+50,000
| +1,786% | +$7.59M |
|
1422
Federal Signal
FSS
$7.83B
| $7.86K | 0.01% |
268,765
+113,601
| +73% | +$3.5M |
|
1423
Repay Holdings
RPAY
$327M
| $7.85K | 0.01% |
334,076
-119,396
| -26% | -$2.9M |
|
1424
PUT
Sarepta Therapeutics
SRPT
$1.77B
| $7.85K | 0.01% |
+55,900
| New | +$8.5M |
|
|
DISH
1425
CALL
DELISTED
DISH Network Corp.
DISH
| $7.84K | 0.01% |
270,000
| – | – |
|
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.