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 | |
|---|---|---|---|---|---|---|
|
DCPH
1901
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $4.47K | 0.01% |
87,217
+78,152
| +862% | +$3.83M |
|
1902
Amkor Technology
AMKR
$13.7B
| $4.46K | 0.01% |
+398,167
| New | +$4.93M |
|
1903
CALL
Sherwin-Williams
SHW
$89.4B
| $4.46K | 0.01% |
19,200
| – | – |
|
|
MRNS
1904
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $4.46K | 0.01% |
346,992
+113,453
| +49% | +$979K |
|
|
SFTW.WS
1905
CALL
DELISTED
Osprey Technology Acquisition Corp. Redeemable Warrants, each whole Warrant exercisable for one shar
SFTW.WS
| $4.45K | 0.01% |
437,000
+328
| +0.1% | +$385 |
|
1906
CALL
Viatris
VTRS
$19.3B
| $4.45K | 0.01% |
300,000
-450,000
| -60% | -$7.18M |
|
|
NUAN
1907
DELISTED
Nuance Communications, Inc.
NUAN
| $4.45K | 0.01% |
134,005
+43,568
| +48% | +$1.26M |
|
1908
Galicia Financial Group
GGAL
$7.37B
| $4.45K | 0.01% |
614,030
-320,218
| -34% | -$3.36M |
|
1909
Maximus
MMS
$3.18B
| $4.45K | 0.01% |
64,973
-15,133
| -19% | -$1.11M |
|
1910
Dycom Industries
DY
$12.3B
| $4.44K | 0.01% |
84,089
+34,145
| +68% | +$1.65M |
|
1911
Gartner
IT
$11.7B
| $4.44K | 0.01% |
35,522
-418
| -1% | -$53.1K |
|
1912
Stewart Information Services
STC
$2.08B
| $4.43K | 0.01% |
101,355
+54,028
| +114% | +$2.18M |
|
1913
PUT
State Street SPDR S&P Bank ETF
KBE
$1.66B
| $4.42K | 0.01% |
+150,000
| New | +$4.67M |
|
1914
Delek US
DK
$3.59B
| $4.41K | 0.01% |
396,545
-195,487
| -33% | -$3.01M |
|
1915
Usana Health Sciences
USNA
$280M
| $4.41K | 0.01% |
59,899
-116,817
| -66% | -$9.37M |
|
|
LTHM
1916
DELISTED
Livent Corporation
LTHM
| $4.41K | 0.01% |
491,588
-10,328
| -2% | -$77.7K |
|
1917
CALL
Wynn Resorts
WYNN
$10.7B
| $4.4K | 0.01% |
61,300
+43,000
| +235% | +$3.41M |
|
1918
VanEck Gold Miners ETF
GDX
$27.2B
| $4.4K | 0.01% |
112,345
-37,219
| -25% | -$1.52M |
|
1919
Atkore
ATKR
$3.16B
| $4.4K | 0.01% |
193,418
+70,986
| +58% | +$1.92M |
|
1920
Liquidia Corp
LQDA
$7.97B
| $4.4K | 0.01% |
893,537
-188,199
| -17% | -$1.09M |
|
1921
NovoCure
NVCR
$1.9B
| $4.39K | 0.01% |
39,443
-229,536
| -85% | -$18.4M |
|
1922
LendingTree
TREE
$452M
| $4.38K | 0.01% |
14,288
+10,530
| +280% | +$3.34M |
|
1923
State Street SPDR S&P Regional Banking ETF
KRE
$4.65B
| $4.38K | 0.01% |
122,620
+115,239
| +1,561% | +$4.34M |
|
|
DRNA
1924
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $4.37K | 0.01% |
242,864
-197,992
| -45% | -$4.1M |
|
1925
CarGurus
CARG
$3.45B
| $4.37K | 0.01% |
+201,942
| New | +$5.17M |
|
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.