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 | |
|---|---|---|---|---|---|---|
1776
Phillips 66
PSX
$81.4B
| $5.13K | 0.01% |
98,938
-1,121,277
| -92% | -$68.4M |
|
1777
Vanguard Extended Market ETF
VXF
$31.7B
| $5.13K | 0.01% |
39,537
-463
| -1% | -$58.9K |
|
|
SIEN
1778
DELISTED
Sientra, Inc.
SIEN
| $5.12K | 0.01% |
150,671
-69,304
| -32% | -$2.63M |
|
1779
PagerDuty
PD
$902M
| $5.12K | 0.01% |
188,915
-151,581
| -45% | -$4.26M |
|
|
SPWR
1780
DELISTED
SunPower Corporation Common Stock
SPWR
| $5.12K | 0.01% |
409,116
-37,803
| -8% | -$318K |
|
|
KCAC.U
1781
DELISTED
Kensington Capital Acquisition Corp.Units, each consisting of one share of Class A common stock and
KCAC.U
| $5.12K | 0.01% |
270,000
-1,101,943
| -80% | -$14.7M |
|
1782
CALL
Idexx Laboratories
IDXX
$46.2B
| $5.11K | 0.01% |
13,000
+3,000
| +30% | +$1.11M |
|
1783
CALL
Domino's
DPZ
$11.6B
| $5.1K | 0.01% |
12,000
-100
| -0.8% | -$39.8K |
|
1784
APi Group
APG
$18B
| $5.1K | 0.01% |
+537,602
| New | +$4.95M |
|
|
CCXI
1785
DELISTED
ChemoCentryx, Inc.
CCXI
| $5.1K | 0.01% |
93,056
-128,776
| -58% | -$6.93M |
|
1786
CALL
Ralph Lauren
RL
$23.5B
| $5.1K | 0.01% |
+75,000
| New | +$5.34M |
|
1787
Eldorado Gold
EGO
$9.89B
| $5.09K | 0.01% |
482,355
-1,507,285
| -76% | -$16.9M |
|
1788
Herc Holdings
HRI
$5.61B
| $5.09K | 0.01% |
128,437
+93,471
| +267% | +$3.51M |
|
1789
Moderna
MRNA
$23.6B
| $5.08K | 0.01% |
71,824
-476,153
| -87% | -$33.2M |
|
|
GHIVW
1790
CALL
DELISTED
Gores Holdings IV, Inc. Warrant
GHIVW
| $5.07K | 0.01% |
492,075
+47,200
| +11% | +$92.6K |
|
1791
Meritage Homes
MTH
$4.86B
| $5.07K | 0.01% |
91,896
+64,270
| +233% | +$3.08M |
|
1792
PUT
Cincinnati Financial
CINF
$27.1B
| $5.07K | 0.01% |
+65,000
| New | +$5.04M |
|
1793
Cerence
CRNC
$413M
| $5.06K | 0.01% |
103,603
+93,588
| +934% | +$4.49M |
|
|
ASTSW
1794
CALL
DELISTED
AST SpaceMobile, Inc. Warrant
ASTSW
| $5.06K | 0.01% |
502,400
+2,400
| +0.5% | +$2.39K |
|
|
THWWW
1795
CALL
DELISTED
Target Hospitality Corp. Warrant expiring 3/15/2024
THWWW
| $5.06K | 0.01% |
4,144,000
+24,000
| +0.6% | +$1.73K |
|
1796
Pacira BioSciences
PCRX
$997M
| $5.05K | 0.01% |
83,989
+80,059
| +2,037% | +$4.65M |
|
1797
PUT
United Rentals
URI
$72.4B
| $5.04K | 0.01% |
28,900
+22,000
| +319% | +$3.7M |
|
|
CDK
1798
DELISTED
CDK Global, Inc.
CDK
| $5.03K | 0.01% |
115,410
+41,235
| +56% | +$1.83M |
|
1799
Federal Realty Investment Trust
FRT
$10.3B
| $5.02K | 0.01% |
68,323
-87,377
| -56% | -$6.89M |
|
1800
Sterling Infrastructure
STRL
$16.7B
| $5K | 0.01% |
353,371
-212,953
| -38% | -$2.67M |
|
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.