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 | |
|---|---|---|---|---|---|---|
1851
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.9B
| $4.74K | 0.01% |
51,770
+6,506
| +14% | +$596K |
|
|
LNW
1852
DELISTED
Light & Wonder
LNW
| $4.74K | 0.01% |
135,721
-1,446,952
| -91% | -$31M |
|
|
LCAHU
1853
DELISTED
Landcadia Holdings II, Inc. Unit
LCAHU
| $4.73K | 0.01% |
294,962
| – | – |
|
1854
Vaxcyte
PCVX
$8.64B
| $4.72K | 0.01% |
95,660
-772,658
| -89% | -$30.8M |
|
1855
Liberty Global Class A
LBTYA
$3.6B
| $4.72K | 0.01% |
+224,544
| New | +$5.04M |
|
|
WW
1856
CALL
DELISTED
WW International
WW
| $4.72K | 0.01% |
250,000
+50,000
| +25% | +$1.18M |
|
1857
PUT
iShares MSCI Taiwan ETF
EWT
$10.7B
| $4.71K | 0.01% |
105,000
+61,100
| +139% | +$2.7M |
|
1858
Lam Research
LRCX
$390B
| $4.71K | 0.01% |
142,070
-2,061,560
| -94% | -$71M |
|
1859
Applied Industrial Technologies
AIT
$13.3B
| $4.71K | 0.01% |
+85,404
| New | +$5.21M |
|
1860
Regency Centers
REG
$14.1B
| $4.7K | 0.01% |
123,513
-314,622
| -72% | -$12.9M |
|
|
AGR
1861
DELISTED
Avangrid, Inc.
AGR
| $4.69K | 0.01% |
92,979
+40,112
| +76% | +$1.93M |
|
|
DISCK
1862
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $4.69K | 0.01% |
239,411
-164,940
| -41% | -$3.26M |
|
1863
Trade Desk
TTD
$6.49B
| $4.68K | 0.01% |
90,280
-17,440
| -16% | -$796K |
|
|
NHIC
1864
DELISTED
NewHold Investment Corp. Class A Common Stock
NHIC
| $4.68K | 0.01% |
+480,000
| New | +$4.68M |
|
1865
Arista Networks
ANET
$238B
| $4.68K | 0.01% |
361,616
-791,440
| -69% | -$10.9M |
|
1866
Gildan
GIL
$10.6B
| $4.67K | 0.01% |
237,614
-55,138
| -19% | -$1.02M |
|
1867
CALL
Danaher
DHR
$144B
| $4.67K | 0.01% |
+24,478
| New | +$4.35M |
|
1868
Comtech Telecommunications
CMTL
$51.8M
| $4.67K | 0.01% |
333,632
+43,934
| +15% | +$703K |
|
|
FSDC
1869
DELISTED
FS Development Corp. Class A Common Stock
FSDC
| $4.67K | 0.01% |
+416,918
| New | +$4.46M |
|
1870
Artivion
AORT
$1.32B
| $4.66K | 0.01% |
252,398
+172,156
| +215% | +$3.29M |
|
1871
PUT
Clorox
CLX
$12.7B
| $4.64K | 0.01% |
22,100
-1,100
| -5% | -$245K |
|
|
AMWD
1872
DELISTED
American Woodmark
AMWD
| $4.64K | 0.01% |
59,062
-75,488
| -56% | -$6.16M |
|
|
AVPTW
1873
CALL
DELISTED
AvePoint Inc Warrant
AVPTW
| $4.64K | 0.01% |
437,605
+705
| +0.2% | +$1.16K |
|
1874
Kodak
KODK
$983M
| $4.64K | 0.01% |
+525,826
| New | +$4.11M |
|
1875
Pembina Pipeline
PBA
$27.6B
| $4.64K | 0.01% |
218,477
-252,009
| -54% | -$6.19M |
|
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.