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 | |
|---|---|---|---|---|---|---|
3026
iShares Russell 2000 Growth ETF
IWO
$15B
| $2.46M | ﹤0.01% |
8,572
+7,237
| +542% | +$1.84M |
|
3027
Ubiquiti
UI
$33.9B
| $2.46M | ﹤0.01% |
8,823
-10,128
| -53% | -$2.33M |
|
3028
PUT
Olin
OLN
$2.17B
| $2.46M | ﹤0.01% |
+100,000
| New | +$2.03M |
|
|
K
3029
PUT
DELISTED
Kellanova
K
| $2.45M | ﹤0.01% |
+41,961
| New | +$2.52M |
|
|
FAII.WS
3030
CALL
DELISTED
Fortress Value Acquisition Corp. II Warrants, each whole warrant exercisable for one share of Class
FAII.WS
| $2.45M | ﹤0.01% |
+227,997
| New | +$384K |
|
|
TCF
3031
DELISTED
TCF Financial Corporation Common Stock
TCF
| $2.44M | ﹤0.01% |
65,952
-88,165
| -57% | -$2.8M |
|
|
SII
3032
Sprott
SII
$2.7B
| $2.44M | ﹤0.01% |
+84,205
| New | +$2.6M |
|
3033
Broadwind
BWEN
$117M
| $2.44M | ﹤0.01% |
307,642
+264,502
| +613% | +$1.14M |
|
3034
Stagwell
STGW
$2.2B
| $2.44M | ﹤0.01% |
971,609
-165,703
| -15% | -$370K |
|
3035
Phathom Pharmaceuticals
PHAT
$684M
| $2.44M | ﹤0.01% |
+73,377
| New | +$2.97M |
|
3036
CALL
Take-Two Interactive
TTWO
$44.9B
| $2.43M | ﹤0.01% |
11,700
+7,600
| +185% | +$1.33M |
|
3037
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.16B
| $2.43M | ﹤0.01% |
+102,736
| New | +$2.21M |
|
3038
CALL
Agilent Technologies
A
$39.3B
| $2.43M | ﹤0.01% |
20,500
+10,500
| +105% | +$1.16M |
|
|
WBA
3039
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $2.43M | ﹤0.01% |
60,900
+15,200
| +33% | +$589K |
|
3040
Pinnacle Financial Partners Inc
PNFP
$16.5B
| $2.41M | ﹤0.01% |
37,464
-154,856
| -81% | -$7.98M |
|
3041
Camtek
CAMT
$7.07B
| $2.41M | ﹤0.01% |
109,948
+91,764
| +505% | +$1.76M |
|
3042
PUT
Albemarle
ALB
$14.2B
| $2.4M | ﹤0.01% |
+16,300
| New | +$1.94M |
|
3043
CNO Financial Group
CNO
$5.14B
| $2.4M | ﹤0.01% |
108,069
+25,621
| +31% | +$522K |
|
3044
Global Industrial
GIC
$1.43B
| $2.4M | ﹤0.01% |
66,917
+12,739
| +24% | +$380K |
|
|
NHICW
3045
CALL
DELISTED
NewHold Investment Corp. Warrant
NHICW
| $2.4M | ﹤0.01% |
240,000
| – | – |
|
|
EBSB
3046
DELISTED
Meridian Bancorp, Inc.
EBSB
| $2.4M | ﹤0.01% |
160,809
-127,768
| -44% | -$1.7M |
|
3047
Dillards
DDS
$9.65B
| $2.4M | ﹤0.01% |
38,015
-53,358
| -58% | -$2.61M |
|
3048
Diodes
DIOD
$4.06B
| $2.4M | ﹤0.01% |
33,986
+20,499
| +152% | +$1.32M |
|
3049
Knight Transportation
KNX
$11.7B
| $2.4M | ﹤0.01% |
57,258
-1,029,949
| -95% | -$42M |
|
3050
Vanguard Morningstar Small-Cap ETF
VB
$82.3B
| $2.39M | ﹤0.01% |
12,268
+5,937
| +94% | +$1.05M |
|
Similar funds
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.