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 | |
|---|---|---|---|---|---|---|
2076
iShares Latin America 40 ETF
ILF
$3.82B
| $3.57K | ﹤0.01% |
169,532
+130,850
| +338% | +$2.96M |
|
2077
AdaptHealth
AHCO
$842M
| $3.57K | ﹤0.01% |
163,614
+144,477
| +755% | +$3.03M |
|
2078
Designer Brands
DBI
$332M
| $3.57K | ﹤0.01% |
656,843
-171,963
| -21% | -$1.11M |
|
|
HOUS
2079
DELISTED
Anywhere Real Estate
HOUS
| $3.56K | ﹤0.01% |
377,009
-14,163
| -4% | -$136K |
|
2080
PUT
Cigna
CI
$71.5B
| $3.56K | ﹤0.01% |
21,000
-54,000
| -72% | -$9.5M |
|
2081
Franklin Electric
FELE
$4.9B
| $3.55K | ﹤0.01% |
60,409
+22,254
| +58% | +$1.26M |
|
2082
Clearwater Paper
CLW
$364M
| $3.55K | ﹤0.01% |
93,635
+5,608
| +6% | +$201K |
|
2083
CALL
Portland General Electric
POR
$5.8B
| $3.55K | ﹤0.01% |
+100,000
| New | +$4M |
|
2084
Vanguard Dividend Appreciation ETF
VIG
$114B
| $3.55K | ﹤0.01% |
27,589
+25,801
| +1,443% | +$3.25M |
|
2085
Alkermes
ALKS
$8.37B
| $3.55K | ﹤0.01% |
214,151
-787,074
| -79% | -$14.3M |
|
|
KRTX
2086
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $3.55K | ﹤0.01% |
45,872
+34,275
| +296% | +$2.92M |
|
2087
Ingles Markets
IMKTA
$1.67B
| $3.54K | ﹤0.01% |
93,037
-27,865
| -23% | -$1.12M |
|
2088
PUT
MetLife
MET
$64.8B
| $3.54K | ﹤0.01% |
95,200
-4,500
| -5% | -$171K |
|
2089
CALL
Northrop Grumman
NOC
$79.9B
| $3.53K | ﹤0.01% |
11,200
-900
| -7% | -$293K |
|
2090
Yelp
YELP
$1.4B
| $3.53K | ﹤0.01% |
175,860
+159,682
| +987% | +$3.64M |
|
|
ERESU
2091
DELISTED
East Resources Acquisition Company Unit
ERESU
| $3.53K | ﹤0.01% |
+350,000
| New | +$3.5M |
|
2092
PUT
Marriott International
MAR
$94B
| $3.53K | ﹤0.01% |
38,100
-51,900
| -58% | -$4.9M |
|
|
SWAV
2093
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $3.53K | ﹤0.01% |
46,516
-491,541
| -91% | -$27.9M |
|
|
HPP
2094
Hudson Pacific Properties
HPP
$799M
| $3.52K | ﹤0.01% |
22,949
-33,815
| -60% | -$5.57M |
|
|
QUOT
2095
DELISTED
Quotient Technology Inc
QUOT
| $3.52K | ﹤0.01% |
+477,244
| New | +$3.87M |
|
2096
Fortune Brands Innovations
FBIN
$6.07B
| $3.52K | ﹤0.01% |
47,558
-4,308
| -8% | -$288K |
|
|
ECHO
2097
EchoStar
ECHO
$25.8B
| $3.52K | ﹤0.01% |
141,242
+4,444
| +3% | +$124K |
|
2098
Delta Air Lines
DAL
$61.2B
| $3.52K | ﹤0.01% |
114,931
-263,101
| -70% | -$7.59M |
|
2099
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $3.51K | ﹤0.01% |
59,154
-53,922
| -48% | -$3.19M |
|
2100
Central Garden & Pet Co
CENT
$2.74B
| $3.51K | ﹤0.01% |
109,793
+58,498
| +114% | +$1.83M |
|
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.