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 | |
|---|---|---|---|---|---|---|
2251
Jack in the Box
JACK
$351M
| $2.94K | ﹤0.01% |
37,099
-154,359
| -81% | -$12.4M |
|
2252
CuriosityStream
CURI
$155M
| $2.94K | ﹤0.01% |
294,678
+105,678
| +56% | +$1.06M |
|
2253
Camden Property Trust
CPT
$11.1B
| $2.93K | ﹤0.01% |
32,958
-5,268
| -14% | -$474K |
|
|
AVDL
2254
DELISTED
Avadel Pharmaceuticals
AVDL
| $2.93K | ﹤0.01% |
581,126
+154,245
| +36% | +$1.12M |
|
2255
Wabtec
WAB
$50B
| $2.92K | ﹤0.01% |
47,243
-98,244
| -68% | -$6.3M |
|
|
GWB
2256
DELISTED
Great Western Bancorp, Inc.
GWB
| $2.92K | ﹤0.01% |
234,744
-38,965
| -14% | -$528K |
|
2257
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.7B
| $2.92K | ﹤0.01% |
41,454
+32,712
| +374% | +$2.31M |
|
2258
BellRing Brands
BRBR
$1.47B
| $2.91K | ﹤0.01% |
140,407
-138,575
| -50% | -$2.73M |
|
2259
Koppers
KOP
$981M
| $2.91K | ﹤0.01% |
139,097
-139,624
| -50% | -$3.17M |
|
2260
iShares MSCI Singapore ETF
EWS
$1.05B
| $2.9K | ﹤0.01% |
154,943
+72,005
| +87% | +$1.37M |
|
2261
Verizon
VZ
$193B
| $2.9K | ﹤0.01% |
48,727
-988,227
| -95% | -$57.4M |
|
|
FSRVU
2262
DELISTED
FinServ Acquisition Corp. Unit, 1 Com, 1/2 Wt.
FSRVU
| $2.9K | ﹤0.01% |
280,000
| – | – |
|
2263
Urban Edge Properties
UE
$2.78B
| $2.89K | ﹤0.01% |
297,750
+27,641
| +10% | +$294K |
|
2264
PUT
Take-Two Interactive
TTWO
$43.9B
| $2.89K | ﹤0.01% |
+17,500
| New | +$2.84M |
|
2265
Omeros
OMER
$916M
| $2.89K | ﹤0.01% |
+285,940
| New | +$3.68M |
|
|
YALA
2266
Yalla Group
YALA
$815M
| $2.88K | ﹤0.01% |
+411,651
| New | +$2.88M |
|
2267
Invesco Senior Loan ETF
BKLN
$6.8B
| $2.88K | ﹤0.01% |
132,352
+115,932
| +706% | +$2.52M |
|
2268
CALL
Hershey
HSY
$36.1B
| $2.87K | ﹤0.01% |
20,000
-100
| -0.5% | -$14.2K |
|
2269
Alector
ALEC
$165M
| $2.86K | ﹤0.01% |
271,767
+109,131
| +67% | +$1.77M |
|
2270
News Corp Class A
NWSA
$15.7B
| $2.86K | ﹤0.01% |
203,930
+53,407
| +35% | +$746K |
|
|
IGICW
2271
CALL
DELISTED
International General Insurance Holdings Ltd. Warrants expiring 03/17/2025
IGICW
| $2.85K | ﹤0.01% |
398,487
+193
| +0% | +$95 |
|
2272
Cogent Biosciences
COGT
$7.22B
| $2.83K | ﹤0.01% |
+302,373
| New | +$3.15M |
|
|
TLND
2273
DELISTED
Talend S.A. American Depositary Shares
TLND
| $2.83K | ﹤0.01% |
72,501
+17,321
| +31% | +$670K |
|
2274
CALL
Corteva
CTVA
$52.5B
| $2.83K | ﹤0.01% |
+98,100
| New | +$2.76M |
|
2275
iShares MSCI Taiwan ETF
EWT
$10.6B
| $2.82K | ﹤0.01% |
+62,897
| New | +$2.78M |
|
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.