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 | |
|---|---|---|---|---|---|---|
3701
Rekor Systems
REKR
$88.2M
| $972K | ﹤0.01% |
+120,444
| New | +$658K |
|
|
GBIO
3702
DELISTED
Generation Bio
GBIO
| $971K | ﹤0.01% |
+3,426
| New | +$1.1M |
|
|
CMLS
3703
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $970K | ﹤0.01% |
111,228
-49,568
| -31% | -$348K |
|
|
VVNT
3704
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $969K | ﹤0.01% |
46,685
-99,481
| -68% | -$1.98M |
|
3705
Lamar Advertising Co
LAMR
$16.1B
| $965K | ﹤0.01% |
11,595
-88,237
| -88% | -$6.6M |
|
3706
Power Integrations
POWI
$3.45B
| $965K | ﹤0.01% |
11,792
-1,976
| -14% | -$134K |
|
3707
SITE Centers
SITC
$172M
| $965K | ﹤0.01% |
122,161
-272,594
| -69% | -$1.9M |
|
3708
CleanSpark
CLSK
$3.46B
| $964K | ﹤0.01% |
+33,201
| New | +$423K |
|
|
ITMR
3709
DELISTED
Itamar Medical Ltd. American Depository Shares
ITMR
| $963K | ﹤0.01% |
48,489
+25,139
| +108% | +$502K |
|
|
ARD
3710
DELISTED
Ardagh Group S.A. Class A Common Shares
ARD
| $963K | ﹤0.01% |
55,977
+19,316
| +53% | +$321K |
|
3711
Franklin Covey
FC
$247M
| $962K | ﹤0.01% |
+43,182
| New | +$898K |
|
3712
AstraZeneca
AZN
$250B
| $961K | ﹤0.01% |
9,611
-92,475
| -91% | -$9.79M |
|
|
SMTX
3713
DELISTED
SMTC Corporation
SMTX
| $959K | ﹤0.01% |
193,404
-92,901
| -32% | -$385K |
|
3714
CALL
Tandem Diabetes Care
TNDM
$1.34B
| $957K | ﹤0.01% |
+10,000
| New | +$1.03M |
|
3715
PUT
Hormel Foods
HRL
$13.9B
| $956K | ﹤0.01% |
20,500
| – | – |
|
3716
NextCure
NXTC
$21.4M
| $956K | ﹤0.01% |
7,312
-33,909
| -82% | -$4.38M |
|
3717
Vanguard High Dividend Yield ETF
VYM
$82.5B
| $956K | ﹤0.01% |
10,451
+1,525
| +17% | +$132K |
|
|
LNW
3718
PUT
DELISTED
Light & Wonder
LNW
| $954K | ﹤0.01% |
+23,000
| New | +$847K |
|
3719
Usana Health Sciences
USNA
$277M
| $952K | ﹤0.01% |
12,345
-47,554
| -79% | -$3.68M |
|
|
XNET
3720
Xunlei
XNET
$327M
| $952K | ﹤0.01% |
+329,243
| New | +$963K |
|
3721
Minerva Neurosciences
NERV
$203M
| $951K | ﹤0.01% |
50,818
+40,791
| +407% | +$1.03M |
|
3722
ADC Therapeutics
ADCT
$136M
| $950K | ﹤0.01% |
29,679
-2,068
| -7% | -$67.8K |
|
3723
United Natural Foods
UNFI
$2.91B
| $950K | ﹤0.01% |
59,501
-157,427
| -73% | -$2.63M |
|
3724
Clearfield
CLFD
$459M
| $945K | ﹤0.01% |
+38,242
| New | +$895K |
|
|
AGC
3725
CALL
DELISTED
Altimeter Growth Corp
AGC
| $945K | ﹤0.01% |
+73,491
| New | +$940K |
|
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.