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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$173M |
| 2 |
FedEx
FDX
|
+$150M |
| 3 |
Oracle
ORCL
|
+$139M |
| 4 |
Linde
LIN
|
+$132M |
| 5 |
PayPal
PYPL
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.59% |
| 2 | Consumer Discretionary | 6.81% |
| 3 | Healthcare | 6.77% |
| 4 | Financials | 5.21% |
| 5 | Industrials | 4.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AHT
2776
Ashford Hospitality Trust
AHT
$21.1M
| $3.3M | ﹤0.01% |
12,757
+12,190
| +2,150% | +$3.1M |
|
2777
Exelixis
EXEL
$14.1B
| $3.3M | ﹤0.01% |
164,626
+105,591
| +179% | +$2.21M |
|
2778
Brady Corp
BRC
$4.63B
| $3.3M | ﹤0.01% |
62,508
-139,981
| -69% | -$6.19M |
|
|
ELMSW
2779
CALL
DELISTED
Electric Last Mile Solutions, Inc. Warrant
ELMSW
| $3.29M | ﹤0.01% |
243,333
-163,332
| -40% | -$329K |
|
2780
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.5B
| $3.29M | ﹤0.01% |
48,196
-3,381
| -7% | -$213K |
|
|
VMW
2781
CALL
DELISTED
VMware, Inc
VMW
| $3.28M | ﹤0.01% |
23,400
+20,800
| +800% | +$2.98M |
|
|
SFTW.U
2782
DELISTED
Osprey Technology Acquisition Corp. Units, each consisting of one share of Class A Common Stock and
SFTW.U
| $3.28M | ﹤0.01% |
300,000
| – | – |
|
2783
Microvision
MVIS
$85.2M
| $3.28M | ﹤0.01% |
40,616
+34,490
| +563% | +$1.52M |
|
2784
CALL
Philip Morris
PM
$288B
| $3.28M | ﹤0.01% |
39,600
-87,800
| -69% | -$6.84M |
|
|
ABCM
2785
DELISTED
Abcam PLC
ABCM
| $3.27M | ﹤0.01% |
+151,994
| New | +$2.95M |
|
2786
Mohawk Industries
MHK
$9.15B
| $3.26M | ﹤0.01% |
23,157
+9,924
| +75% | +$1.2M |
|
|
LEAP.U
2787
DELISTED
Ribbit LEAP, Ltd. Units, each consisting of one Class A Ordinary Share, and one fifth of one Warrant
LEAP.U
| $3.26M | ﹤0.01% |
217,824
-409,000
| -65% | -$5.17M |
|
|
RPTX
2788
DELISTED
Repare Therapeutics
RPTX
| $3.26M | ﹤0.01% |
95,018
-94,627
| -50% | -$2.83M |
|
2789
Immunic
IMUX
$194M
| $3.26M | ﹤0.01% |
21,292
-11,969
| -36% | -$2.15M |
|
2790
Vera Bradley
VRA
$100M
| $3.25M | ﹤0.01% |
408,149
+78,665
| +24% | +$595K |
|
|
VRS
2791
DELISTED
Verso Corporation
VRS
| $3.24M | ﹤0.01% |
269,770
+228,674
| +556% | +$2.26M |
|
2792
CALL
Broadridge
BR
$19.8B
| $3.23M | ﹤0.01% |
21,100
| – | – |
|
|
PLYM
2793
DELISTED
Plymouth Industrial REIT
PLYM
| $3.23M | ﹤0.01% |
215,079
-293,207
| -58% | -$3.92M |
|
2794
Sasol
SSL
$7.12B
| $3.22M | ﹤0.01% |
+363,794
| New | +$2.73M |
|
2795
Aramark
ARMK
$14.8B
| $3.22M | ﹤0.01% |
115,981
-339,849
| -75% | -$8.14M |
|
2796
Sonoco
SON
$5.7B
| $3.22M | ﹤0.01% |
54,277
-104,853
| -66% | -$5.89M |
|
2797
iShares Gold Trust
IAU
$63.5B
| $3.21M | ﹤0.01% |
88,650
+81,750
| +1,185% | +$2.93M |
|
|
MCHB
2798
Mechanics Bancorp
MCHB
$3.74B
| $3.21M | ﹤0.01% |
95,093
+40,330
| +74% | +$1.3M |
|
|
CIT
2799
DELISTED
CIT Group Inc.
CIT
| $3.21M | ﹤0.01% |
89,381
-418,319
| -82% | -$13.2M |
|
2800
PUT
CarMax
KMX
$8.28B
| $3.19M | ﹤0.01% |
33,800
| – | – |
|
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Millennium Management's Q4 2020 Portfolio in Review
As of Q4 2020, Millennium Management held 5,904 positions worth $138B, up 170,419% from $81.2M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Millennium Management deployed $45.7B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 6% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Millennium Management's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Millennium Management's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Millennium Management fully exited Clover Health Investments in Q4 2020, selling an estimated $36.7M.
- Millennium Management's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Millennium Management opened 1,518 new positions and closed 754 in Q4 2020.
- Millennium Management's portfolio value rose 170,419% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.