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 | |
|---|---|---|---|---|---|---|
2101
McGrath RentCorp
MGRC
$2.94B
| $3.51K | ﹤0.01% |
58,847
-24,072
| -29% | -$1.45M |
|
2102
STAAR Surgical
STAA
$1.12B
| $3.51K | ﹤0.01% |
62,003
-57,147
| -48% | -$3.08M |
|
2103
Genmab
GMAB
$18.1B
| $3.5K | ﹤0.01% |
95,594
-160,506
| -63% | -$5.8M |
|
|
NGA.U
2104
DELISTED
Northern Genesis Acquisition Corp. Units, each consisting of one share of common stock and one-half
NGA.U
| $3.5K | ﹤0.01% |
+350,000
| New | +$3.49M |
|
|
ZYXI
2105
DELISTED
Zynex
ZYXI
| $3.5K | ﹤0.01% |
220,306
+58,577
| +36% | +$989K |
|
2106
Sprout Social
SPT
$496M
| $3.49K | ﹤0.01% |
90,635
-186,744
| -67% | -$5.92M |
|
|
QEP
2107
DELISTED
QEP RESOURCES, INC.
QEP
| $3.49K | ﹤0.01% |
3,864,176
-717,398
| -16% | -$936K |
|
|
NVRO
2108
PUT
DELISTED
NEVRO CORP.
NVRO
| $3.48K | ﹤0.01% |
25,000
| – | – |
|
2109
CALL
SolarEdge
SEDG
$1.99B
| $3.48K | ﹤0.01% |
+14,600
| New | +$2.81M |
|
|
WWE
2110
DELISTED
World Wrestling Entertainment
WWE
| $3.47K | ﹤0.01% |
85,764
-78,345
| -48% | -$3.43M |
|
2111
Green Dot
GDOT
$758M
| $3.47K | ﹤0.01% |
68,495
-85,999
| -56% | -$4.41M |
|
2112
Werner Enterprises
WERN
$2.24B
| $3.47K | ﹤0.01% |
82,572
-891,965
| -92% | -$39.5M |
|
2113
Southern Company
SO
$107B
| $3.46K | ﹤0.01% |
63,883
-89,375
| -58% | -$4.78M |
|
2114
Wabash National
WNC
$516M
| $3.45K | ﹤0.01% |
288,825
-96,740
| -25% | -$1.14M |
|
|
UBA
2115
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $3.45K | ﹤0.01% |
375,312
+217,551
| +138% | +$2.15M |
|
2116
CALL
Seagate
STX
$185B
| $3.45K | ﹤0.01% |
+70,000
| New | +$3.29M |
|
2117
CALL
Constellation Brands
STZ
$22.5B
| $3.45K | ﹤0.01% |
18,200
+11,400
| +168% | +$2.08M |
|
|
EVBG
2118
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $3.45K | ﹤0.01% |
27,433
-123,695
| -82% | -$16.8M |
|
|
NXGN
2119
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $3.45K | ﹤0.01% |
270,627
+150,730
| +126% | +$1.93M |
|
|
OYST
2120
DELISTED
Oyster Point Pharma, Inc. Common Stock
OYST
| $3.44K | ﹤0.01% |
162,815
+35,505
| +28% | +$830K |
|
2121
Griffon
GFF
$4.72B
| $3.43K | ﹤0.01% |
+175,611
| New | +$3.61M |
|
|
MSGN
2122
DELISTED
MSG Networks Inc.
MSGN
| $3.43K | ﹤0.01% |
358,241
-148,393
| -29% | -$1.49M |
|
|
IPOB.U
2123
DELISTED
Social Capital Hedosophia Holdings Corp. II Units, each consisting of one Class A ordinary share and
IPOB.U
| $3.42K | ﹤0.01% |
180,002
-245,000
| -58% | -$3.29M |
|
2124
Insperity
NSP
$1.94B
| $3.42K | ﹤0.01% |
52,162
-58,877
| -53% | -$3.93M |
|
2125
Nexstar Media Group
NXST
$5.85B
| $3.41K | ﹤0.01% |
37,952
+32,066
| +545% | +$2.9M |
|
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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.