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 | |
|---|---|---|---|---|---|---|
|
FST.U
1426
DELISTED
FAST Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
FST.U
| $7.83K | 0.01% |
+785,744
| New | +$7.83M |
|
|
KSU
1427
PUT
DELISTED
Kansas City Southern
KSU
| $7.83K | 0.01% |
43,300
+10,000
| +30% | +$1.73M |
|
1428
Sixth Street Specialty
TSLX
$1.81B
| $7.83K | 0.01% |
454,677
-126,456
| -22% | -$2.17M |
|
1429
Silicon Laboratories
SLAB
$7.23B
| $7.82K | 0.01% |
79,908
+76,336
| +2,137% | +$7.68M |
|
1430
SolarEdge
SEDG
$1.95B
| $7.8K | 0.01% |
32,712
-7,571
| -19% | -$1.46M |
|
1431
Compass Minerals
CMP
$1.15B
| $7.75K | 0.01% |
130,565
+84,930
| +186% | +$4.68M |
|
1432
WesBanco
WSBC
$4B
| $7.74K | 0.01% |
362,373
-235,118
| -39% | -$5M |
|
1433
Asana
ASAN
$2.13B
| $7.72K | 0.01% |
+268,198
| New | +$7.72M |
|
1434
OR Royalties Inc
OR
$6.2B
| $7.72K | 0.01% |
652,640
-147
| -0% | -$1.71K |
|
1435
Travel + Leisure Co
TNL
$4.7B
| $7.7K | 0.01% |
250,245
-315,959
| -56% | -$9.43M |
|
1436
Under Armour Class C
UA
$2.53B
| $7.69K | 0.01% |
781,662
-2,259,994
| -74% | -$21.2M |
|
|
ZNGA
1437
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $7.66K | 0.01% |
839,334
-2,502,464
| -75% | -$23.3M |
|
|
MGLN
1438
DELISTED
Magellan Health Services, Inc.
MGLN
| $7.64K | 0.01% |
100,884
+17,712
| +21% | +$1.32M |
|
1439
BlackSky Technology
BKSY
$1.19B
| $7.64K | 0.01% |
93,750
| – | – |
|
|
DENN
1440
DELISTED
Denny's
DENN
| $7.64K | 0.01% |
764,111
+123,739
| +19% | +$1.24M |
|
1441
First Merchants
FRME
$2.67B
| $7.64K | 0.01% |
329,710
+208,520
| +172% | +$5.21M |
|
|
BLDP
1442
Ballard Power Systems
BLDP
$790M
| $7.63K | 0.01% |
505,231
+419,663
| +490% | +$6.76M |
|
|
SUMO
1443
DELISTED
Sumo Logic, Inc. Common Stock
SUMO
| $7.63K | 0.01% |
+349,805
| New | +$8.26M |
|
|
FIIIU
1444
DELISTED
Forum Merger III Corporation Units
FIIIU
| $7.62K | 0.01% |
+730,005
| New | +$7.44M |
|
1445
CALL
United Rentals
URI
$72.4B
| $7.61K | 0.01% |
43,600
-2,000
| -4% | -$336K |
|
1446
Advanced Drainage Systems
WMS
$10.9B
| $7.61K | 0.01% |
121,827
-98,689
| -45% | -$5.34M |
|
1447
Workhorse Group
WKHS
$36.3M
| $7.6K | 0.01% |
100
+2
| +2% | +$114K |
|
|
PFNX
1448
DELISTED
Pfenex Inc.
PFNX
| $7.6K | 0.01% |
596,049
+566,965
| +1,949% | +$6M |
|
1449
CALL
Realty Income
O
$59.1B
| $7.59K | 0.01% |
+129,000
| New | +$7.63M |
|
1450
Otter Tail
OTTR
$3.94B
| $7.59K | 0.01% |
209,935
-20,415
| -9% | -$786K |
|
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.