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 | |
|---|---|---|---|---|---|---|
2351
Universal Electronics
UEIC
$59.5M
| $2.6K | ﹤0.01% |
+68,888
| New | +$2.99M |
|
2352
Robert Half
RHI
$4.13B
| $2.6K | ﹤0.01% |
49,082
-20,602
| -30% | -$1.1M |
|
|
EXPCU
2353
DELISTED
Experience Investment Corp. Unit
EXPCU
| $2.6K | ﹤0.01% |
250,000
| – | – |
|
2354
Hope Bancorp
HOPE
$1.82B
| $2.59K | ﹤0.01% |
340,887
-71,875
| -17% | -$601K |
|
|
HPX
2355
DELISTED
HPX Corp.
HPX
| $2.58K | ﹤0.01% |
+262,500
| New | +$2.59M |
|
|
MIC
2356
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $2.58K | ﹤0.01% |
95,745
+77,206
| +416% | +$2.23M |
|
2357
Allogene Therapeutics
ALLO
$666M
| $2.57K | ﹤0.01% |
68,248
-138,931
| -67% | -$5.24M |
|
2358
Kopin
KOPN
$741M
| $2.57K | ﹤0.01% |
1,863,300
-227,419
| -11% | -$351K |
|
2359
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.75B
| $2.56K | ﹤0.01% |
+98,955
| New | +$2.55M |
|
2360
Otis Worldwide
OTIS
$27.8B
| $2.56K | ﹤0.01% |
40,975
-72,872
| -64% | -$4.46M |
|
2361
PUT
Fastenal
FAST
$57.5B
| $2.56K | ﹤0.01% |
113,400
+6,000
| +6% | +$138K |
|
2362
Ichor Holdings
ICHR
$2.34B
| $2.55K | ﹤0.01% |
118,314
-76,273
| -39% | -$2.03M |
|
2363
Parsons
PSN
$5.07B
| $2.55K | ﹤0.01% |
76,076
-4,829
| -6% | -$167K |
|
|
NMMCU
2364
DELISTED
North Mountain Merger Corp. Unit
NMMCU
| $2.55K | ﹤0.01% |
+250,000
| New | +$2.55M |
|
|
CCXX.WS
2365
CALL
DELISTED
Churchill Capital Corp III Warrants, each exercisable for one share of Class A common stock at an ex
CCXX.WS
| $2.55K | ﹤0.01% |
248,792
+142,042
| +133% | +$304K |
|
2366
CALL
Assurant
AIZ
$14.8B
| $2.55K | ﹤0.01% |
21,000
| – | – |
|
2367
Axcelis
ACLS
$4.15B
| $2.55K | ﹤0.01% |
115,766
-85,447
| -42% | -$2.18M |
|
2368
Terex
TEX
$7.63B
| $2.54K | ﹤0.01% |
131,340
-104,789
| -44% | -$2.05M |
|
|
CYBE
2369
DELISTED
Cyberoptics Corp
CYBE
| $2.54K | ﹤0.01% |
79,727
+66,188
| +489% | +$2.33M |
|
2370
Lloyds Banking Group
LYG
$91.2B
| $2.53K | ﹤0.01% |
1,948,255
-1,285,502
| -40% | -$1.8M |
|
|
ACRE
2371
Ares Commercial Real Estate
ACRE
$259M
| $2.53K | ﹤0.01% |
276,432
-360,362
| -57% | -$3.38M |
|
|
TACO
2372
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $2.52K | ﹤0.01% |
307,460
+270,320
| +728% | +$2.1M |
|
2373
Genesco
GCO
$443M
| $2.52K | ﹤0.01% |
116,932
-19,029
| -14% | -$373K |
|
2374
Spire
SR
$4.73B
| $2.51K | ﹤0.01% |
47,222
-113,100
| -71% | -$6.75M |
|
|
HRC
2375
CALL
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $2.5K | ﹤0.01% |
30,000
+20,000
| +200% | +$1.96M |
|
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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.