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 | |
|---|---|---|---|---|---|---|
|
DEH.WS
2051
CALL
DELISTED
D8 Holdings Corp. Warrants, each whole warrant exercisable for one Class A ordinary share at an exer
DEH.WS
| $3.66K | ﹤0.01% |
+375,000
| New | +$318K |
|
|
CFFAW
2052
CALL
DELISTED
CF Finance Acquisition Corp. Warrant
CFFAW
| $3.66K | ﹤0.01% |
352,100
+1,700
| +0.5% | +$2.27K |
|
2053
Green Plains
GPRE
$1.08B
| $3.65K | ﹤0.01% |
235,907
-483,542
| -67% | -$6.63M |
|
2054
RH
RH
$3.55B
| $3.64K | ﹤0.01% |
9,517
-13,116
| -58% | -$4.14M |
|
2055
PUT
Wayfair
W
$14.5B
| $3.64K | ﹤0.01% |
12,500
-4,400
| -26% | -$1.2M |
|
|
RDUS
2056
DELISTED
Radius Health, Inc.
RDUS
| $3.63K | ﹤0.01% |
+320,429
| New | +$3.96M |
|
2057
Simmons First National
SFNC
$3.42B
| $3.63K | ﹤0.01% |
228,972
-161,609
| -41% | -$2.7M |
|
2058
Domino's
DPZ
$11.9B
| $3.63K | ﹤0.01% |
8,529
-157,828
| -95% | -$62.8M |
|
2059
First Bancorp
FBP
$4.45B
| $3.63K | ﹤0.01% |
694,847
+447,341
| +181% | +$2.49M |
|
2060
Varonis Systems
VRNS
$4.86B
| $3.63K | ﹤0.01% |
+94,281
| New | +$3.51M |
|
2061
CALL
Expeditors International
EXPD
$23.2B
| $3.62K | ﹤0.01% |
40,000
| – | – |
|
2062
CALL
Iovance Biotherapeutics
IOVA
$2.71B
| $3.62K | ﹤0.01% |
+110,000
| New | +$3.37M |
|
2063
Buckle
BKE
$2.38B
| $3.62K | ﹤0.01% |
177,324
+161,438
| +1,016% | +$2.92M |
|
|
CLR
2064
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $3.61K | ﹤0.01% |
+293,939
| New | +$4.78M |
|
2065
Phibro Animal Health
PAHC
$1.45B
| $3.61K | ﹤0.01% |
207,269
+180,599
| +677% | +$3.85M |
|
2066
BioXcel Therapeutics
BTAI
$25.2M
| $3.6K | ﹤0.01% |
5,195
+3,122
| +151% | +$2.34M |
|
|
FBM
2067
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $3.6K | ﹤0.01% |
+229,056
| New | +$3.5M |
|
|
TCF
2068
DELISTED
TCF Financial Corporation Common Stock
TCF
| $3.6K | ﹤0.01% |
154,117
-102,181
| -40% | -$2.73M |
|
2069
CALL
Freeport-McMoran
FCX
$96B
| $3.6K | ﹤0.01% |
230,000
+170,000
| +283% | +$2.45M |
|
|
B
2070
DELISTED
Barnes Group Inc.
B
| $3.6K | ﹤0.01% |
100,652
+41,000
| +69% | +$1.56M |
|
2071
PUT
State Street SPDR S&P Retail ETF
XRT
$324M
| $3.6K | ﹤0.01% |
72,400
-203,000
| -74% | -$9.95M |
|
2072
PUT
US Bancorp
USB
$99.5B
| $3.58K | ﹤0.01% |
100,000
-400,000
| -80% | -$14.6M |
|
2073
Park Hotels & Resorts
PK
$2.91B
| $3.58K | ﹤0.01% |
358,057
+179,025
| +100% | +$1.7M |
|
2074
Genuine Parts
GPC
$18.3B
| $3.57K | ﹤0.01% |
37,546
+22,334
| +147% | +$2.08M |
|
|
RNLX
2075
DELISTED
Renalytix plc American Depositary Shares
RNLX
| $3.57K | ﹤0.01% |
+292,805
| New | +$4.23M |
|
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.