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 | |
|---|---|---|---|---|---|---|
|
HPX.U
2326
DELISTED
HPX Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
HPX.U
| $2.68K | ﹤0.01% |
+262,500
| New | +$2.66M |
|
2327
Live Nation Entertainment
LYV
$42.7B
| $2.68K | ﹤0.01% |
49,678
+43,922
| +763% | +$2.26M |
|
|
SCHW
2328
CALL
Charles Schwab
SCHW
$188B
| $2.68K | ﹤0.01% |
73,900
+30,100
| +69% | +$1.05M |
|
|
YELL
2329
DELISTED
Yellow Corporation Common Stock
YELL
| $2.67K | ﹤0.01% |
681,639
+605,140
| +791% | +$2.22M |
|
2330
Arvinas
ARVN
$552M
| $2.66K | ﹤0.01% |
112,571
+104,193
| +1,244% | +$3.02M |
|
2331
Cactus
WHD
$5.31B
| $2.66K | ﹤0.01% |
138,493
+2,719
| +2% | +$59K |
|
2332
State Street
STT
$51.7B
| $2.66K | ﹤0.01% |
44,763
-345,789
| -89% | -$22.4M |
|
|
TRIT
2333
DELISTED
Triterras, Inc. Class A Ordinary Shares
TRIT
| $2.66K | ﹤0.01% |
256,105
-287,895
| -53% | -$3.02M |
|
|
GMHIW
2334
CALL
DELISTED
Gores Metropoulos, Inc. Warrant
GMHIW
| $2.65K | ﹤0.01% |
231,882
-268,118
| -54% | -$686K |
|
2335
Smith & Nephew
SNN
$12.6B
| $2.65K | ﹤0.01% |
67,705
+45,742
| +208% | +$1.84M |
|
2336
PUT
Winnebago Industries
WGO
$909M
| $2.64K | ﹤0.01% |
+51,100
| New | +$2.94M |
|
2337
Sabra Healthcare REIT
SBRA
$5.25B
| $2.64K | ﹤0.01% |
191,377
+151,052
| +375% | +$2.22M |
|
2338
Western Alliance Bancorporation
WAL
$9.1B
| $2.63K | ﹤0.01% |
83,300
+18,711
| +29% | +$666K |
|
2339
BiomX
PHGE
$1.91M
| $2.63K | ﹤0.01% |
2,186
+630
| +40% | +$701K |
|
2340
Brookdale Senior Living
BKD
$3.45B
| $2.63K | ﹤0.01% |
1,036,060
+771,513
| +292% | +$2.13M |
|
|
GRUB
2341
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $2.63K | ﹤0.01% |
18,150
+8,150
| +82% | +$1.18M |
|
2342
Piper Sandler
PIPR
$5.13B
| $2.62K | ﹤0.01% |
143,700
+97,224
| +209% | +$1.66M |
|
|
HOLI
2343
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $2.62K | ﹤0.01% |
+237,262
| New | +$2.81M |
|
2344
Moelis & Co
MC
$5.14B
| $2.62K | ﹤0.01% |
74,455
+3,884
| +6% | +$123K |
|
2345
Nu Skin
NUS
$251M
| $2.61K | ﹤0.01% |
52,102
-222,856
| -81% | -$10.6M |
|
2346
Pitney Bowes
PBI
$2.56B
| $2.61K | ﹤0.01% |
+491,527
| New | +$2.27M |
|
|
CMPS
2347
Compass Pathways
CMPS
$1.77B
| $2.61K | ﹤0.01% |
+74,657
| New | +$2.68M |
|
|
ACC
2348
DELISTED
American Campus Communities, Inc.
ACC
| $2.61K | ﹤0.01% |
74,622
-121,661
| -62% | -$4.19M |
|
2349
ResMed
RMD
$32.2B
| $2.6K | ﹤0.01% |
15,191
-107,687
| -88% | -$19.9M |
|
2350
Virgin Galactic
SPCE
$371M
| $2.6K | ﹤0.01% |
6,767
-5,423
| -44% | -$2.06M |
|
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.