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 | |
|---|---|---|---|---|---|---|
|
RMG.WS
1626
CALL
DELISTED
RMG Acquisition Corp. Warrants, each whole warrant exercisable for one share of Class A Common Stoc
RMG.WS
| $6.06K | 0.01% |
566,666
+156,666
| +38% | +$212K |
|
1627
Arlo Technologies
ARLO
$1.65B
| $6.05K | 0.01% |
1,150,787
-391,483
| -25% | -$1.88M |
|
|
IRNT
1628
DELISTED
IronNet, Inc.
IRNT
| $6.05K | 0.01% |
603,700
+27,200
| +5% | +$274K |
|
1629
Kforce
KFRC
$1.06B
| $6.05K | 0.01% |
187,959
+19,583
| +12% | +$627K |
|
1630
VanEck Semiconductor ETF
SMH
$73.2B
| $6.04K | 0.01% |
69,330
-29,962
| -30% | -$2.51M |
|
1631
Upbound Group
UPBD
$1.16B
| $6.03K | 0.01% |
201,802
+78,160
| +63% | +$2.31M |
|
1632
Ethan Allen Interiors
ETD
$603M
| $6.03K | 0.01% |
445,145
+404,956
| +1,008% | +$5.34M |
|
1633
AZZ Inc
AZZ
$4.54B
| $6.03K | 0.01% |
176,592
+119,979
| +212% | +$3.99M |
|
1634
Guidewire Software
GWRE
$14.2B
| $6.01K | 0.01% |
57,681
+20,643
| +56% | +$2.32M |
|
1635
Broadcom
AVGO
$2.04T
| $5.99K | 0.01% |
164,440
-3,094,550
| -95% | -$104M |
|
1636
CALL
Blackrock
BLK
$176B
| $5.97K | 0.01% |
10,600
-57,500
| -84% | -$32.8M |
|
1637
Autoliv
ALV
$9B
| $5.97K | 0.01% |
81,883
+56,192
| +219% | +$3.99M |
|
1638
Diageo
DEO
$53.6B
| $5.97K | 0.01% |
43,352
-38,028
| -47% | -$5.24M |
|
1639
Cleveland-Cliffs
CLF
$6.99B
| $5.96K | 0.01% |
928,539
+909,183
| +4,697% | +$5.47M |
|
|
RAPT
1640
DELISTED
RAPT Therapeutics
RAPT
| $5.96K | 0.01% |
23,118
+18,661
| +419% | +$4.14M |
|
|
TRTN
1641
DELISTED
Triton International Limited
TRTN
| $5.96K | 0.01% |
146,423
+80,323
| +122% | +$2.75M |
|
1642
Planet Fitness
PLNT
$3.96B
| $5.95K | 0.01% |
96,601
+77,681
| +411% | +$4.47M |
|
|
SILV
1643
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $5.95K | 0.01% |
700,462
-174,212
| -20% | -$1.65M |
|
1644
Southern Copper
SCCO
$166B
| $5.93K | 0.01% |
+141,361
| New | +$5.87M |
|
1645
Signet Jewelers
SIG
$3.76B
| $5.92K | 0.01% |
+316,353
| New | +$4.6M |
|
1646
OceanFirst Financial
OCFC
$1.91B
| $5.91K | 0.01% |
431,851
+414,099
| +2,333% | +$6.5M |
|
1647
Cooper Companies
COO
$14.5B
| $5.91K | 0.01% |
70,140
-219,512
| -76% | -$16.8M |
|
|
SCVX.WS
1648
CALL
DELISTED
SCVX Corp.
SCVX.WS
| $5.89K | 0.01% |
588,970
-18,760
| -3% | -$24.4K |
|
1649
Amcor
AMCR
$22.1B
| $5.87K | 0.01% |
106,166
+91,750
| +636% | +$4.99M |
|
1650
PUT
Best Buy
BBY
$17.3B
| $5.85K | 0.01% |
52,600
+14,900
| +40% | +$1.52M |
|
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.