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 | |
|---|---|---|---|---|---|---|
1551
WIX.com
WIX
$2.52B
| $6.63K | 0.01% |
+26,001
| New | +$7.17M |
|
1552
First Financial Bancorp
FFBC
$3.53B
| $6.62K | 0.01% |
551,647
+176,693
| +47% | +$2.39M |
|
|
CHPMU
1553
DELISTED
CHP Merger Corp. Unit
CHPMU
| $6.62K | 0.01% |
629,300
| – | – |
|
1554
Huntington Bancshares
HBAN
$35.5B
| $6.61K | 0.01% |
720,668
+163,004
| +29% | +$1.52M |
|
1555
Lamar Advertising Co
LAMR
$16.3B
| $6.61K | 0.01% |
99,832
+53,432
| +115% | +$3.55M |
|
1556
Integra LifeSciences
IART
$1.34B
| $6.58K | 0.01% |
139,316
-221,147
| -61% | -$10.5M |
|
1557
Chemours
CC
$2.37B
| $6.57K | 0.01% |
314,121
+290,372
| +1,223% | +$5.6M |
|
1558
PUT
Charles River Laboratories
CRL
$12.8B
| $6.57K | 0.01% |
29,000
+19,000
| +190% | +$3.94M |
|
|
SRNE
1559
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $6.56K | 0.01% |
588,676
+505,264
| +606% | +$4.62M |
|
|
GLS
1560
DELISTED
Gelesis Holdings, Inc.
GLS
| $6.56K | 0.01% |
+667,000
| New | +$6.56M |
|
1561
Boise Cascade
BCC
$3.02B
| $6.55K | 0.01% |
164,046
+31,931
| +24% | +$1.39M |
|
1562
Cameco
CCJ
$42.4B
| $6.55K | 0.01% |
648,131
+568,458
| +713% | +$6.15M |
|
1563
PUT
iShares MSCI South Korea ETF
EWY
$24.1B
| $6.53K | 0.01% |
100,000
| – | – |
|
|
RDFN
1564
DELISTED
Redfin
RDFN
| $6.53K | 0.01% |
130,840
-179,572
| -58% | -$7.94M |
|
1565
CALL
W.W. Grainger
GWW
$60.2B
| $6.53K | 0.01% |
18,300
-5,200
| -22% | -$1.79M |
|
1566
Cabaletta Bio
CABA
$455M
| $6.52K | 0.01% |
601,830
-30,074
| -5% | -$346K |
|
1567
Reynolds Consumer Products
REYN
$5.59B
| $6.52K | 0.01% |
213,053
+184,589
| +648% | +$6.08M |
|
|
SWN
1568
DELISTED
Southwestern Energy Company
SWN
| $6.52K | 0.01% |
2,775,664
-3,638,124
| -57% | -$9.67M |
|
|
MAPS
1569
DELISTED
WM TECHNOLOGY INC A
MAPS
| $6.51K | 0.01% |
642,500
-107,400
| -14% | -$1.08M |
|
|
ATVI
1570
CALL
DELISTED
Activision Blizzard
ATVI
| $6.5K | 0.01% |
80,300
+23,800
| +42% | +$1.93M |
|
|
MDLA
1571
DELISTED
Medallia, Inc.
MDLA
| $6.49K | 0.01% |
+236,809
| New | +$7.18M |
|
1572
PUT
Trane Technologies
TT
$106B
| $6.49K | 0.01% |
53,500
| – | – |
|
1573
Sally Beauty Holdings
SBH
$1.58B
| $6.47K | 0.01% |
744,504
+100,421
| +16% | +$1.21M |
|
1574
McCormick & Company Non-Voting
MKC
$14.2B
| $6.46K | 0.01% |
66,560
+14,854
| +29% | +$1.45M |
|
|
PMT
1575
PennyMac Mortgage Investment
PMT
$842M
| $6.44K | 0.01% |
400,988
+354,726
| +767% | +$6.28M |
|
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.