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 | |
|---|---|---|---|---|---|---|
|
CMA
2276
DELISTED
Comerica
CMA
| $2.82K | ﹤0.01% |
73,804
-147,268
| -67% | -$5.66M |
|
|
COWN
2277
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.82K | ﹤0.01% |
173,522
-325,120
| -65% | -$5.53M |
|
|
CCXX.U
2278
DELISTED
Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt
CCXX.U
| $2.82K | ﹤0.01% |
268,500
-1,834,283
| -87% | -$21.1M |
|
2279
GATX Corp
GATX
$6.34B
| $2.82K | ﹤0.01% |
44,252
-23,165
| -34% | -$1.47M |
|
|
GOOD
2280
Gladstone Commercial Corp
GOOD
$593M
| $2.82K | ﹤0.01% |
167,415
-107,677
| -39% | -$1.96M |
|
2281
Commercial Metals
CMC
$8.37B
| $2.82K | ﹤0.01% |
141,105
-79,798
| -36% | -$1.66M |
|
|
RWT
2282
Redwood Trust
RWT
$574M
| $2.81K | ﹤0.01% |
+374,256
| New | +$2.65M |
|
|
IAA
2283
DELISTED
IAA, Inc. Common Stock
IAA
| $2.81K | ﹤0.01% |
54,004
-30,752
| -36% | -$1.43M |
|
2284
PUT
Advance Auto Parts
AAP
$3.59B
| $2.81K | ﹤0.01% |
+18,300
| New | +$2.76M |
|
2285
Acco Brands
ACCO
$402M
| $2.81K | ﹤0.01% |
484,318
+366,386
| +311% | +$2.4M |
|
2286
Verrica Pharmaceuticals
VRCA
$94.7M
| $2.81K | ﹤0.01% |
+36,297
| New | +$2.97M |
|
2287
Regal Rexnord
RRX
$12.2B
| $2.81K | ﹤0.01% |
29,879
-46,449
| -61% | -$4.4M |
|
2288
Teleflex
TFX
$6.06B
| $2.8K | ﹤0.01% |
8,234
+6,123
| +290% | +$2.27M |
|
2289
Sabesp
SBS
$19.1B
| $2.8K | ﹤0.01% |
1,740,919
-248,777
| -13% | -$484K |
|
2290
Aptiv
APTV
$9.95B
| $2.79K | ﹤0.01% |
30,448
-7,288
| -19% | -$612K |
|
2291
CALL
Broadridge
BR
$18.9B
| $2.79K | ﹤0.01% |
+21,100
| New | +$2.82M |
|
2292
LXP Industrial Trust
LXP
$3.58B
| $2.78K | ﹤0.01% |
53,240
+50,463
| +1,817% | +$2.8M |
|
|
CNR
2293
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $2.78K | ﹤0.01% |
348,032
+304,608
| +701% | +$2.16M |
|
2294
Vanguard FTSE Europe ETF
VGK
$31.1B
| $2.77K | ﹤0.01% |
52,903
+43,531
| +464% | +$2.32M |
|
|
TGH
2295
DELISTED
Textainer Group Holdings limited
TGH
| $2.77K | ﹤0.01% |
+195,675
| New | +$2.1M |
|
|
ABMD
2296
CALL
DELISTED
Abiomed Inc
ABMD
| $2.77K | ﹤0.01% |
10,000
+5,000
| +100% | +$1.44M |
|
2297
Federated Hermes
FHI
$4.78B
| $2.77K | ﹤0.01% |
128,797
-300,202
| -70% | -$7.12M |
|
2298
iShares MSCI Switzerland ETF
EWL
$2.22B
| $2.76K | ﹤0.01% |
+67,305
| New | +$2.78M |
|
2299
Warrior Met Coal
HCC
$4.45B
| $2.76K | ﹤0.01% |
161,648
+52,489
| +48% | +$852K |
|
2300
Towne Bank
TOWN
$3.5B
| $2.76K | ﹤0.01% |
168,107
+80,508
| +92% | +$1.43M |
|
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.