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 | |
|---|---|---|---|---|---|---|
|
WIFI
3726
DELISTED
Boingo Wireless, Inc.
WIFI
| $944K | ﹤0.01% |
74,216
+50,263
| +210% | +$594K |
|
3727
PTC Therapeutics
PTCT
$5.8B
| $943K | ﹤0.01% |
+15,447
| New | +$910K |
|
3728
MarineMax
HZO
$781M
| $941K | ﹤0.01% |
+26,853
| New | +$841K |
|
3729
Cato Corp
CATO
$66.9M
| $939K | ﹤0.01% |
97,956
+62,431
| +176% | +$492K |
|
3730
CVR Energy
CVI
$3.09B
| $939K | ﹤0.01% |
63,026
-675,768
| -91% | -$9.13M |
|
|
TGP
3731
DELISTED
Teekay LNG Partners L.P.
TGP
| $928K | ﹤0.01% |
+80,940
| New | +$921K |
|
3732
Laureate Education
LAUR
$5.22B
| $923K | ﹤0.01% |
63,414
-40,911
| -39% | -$578K |
|
3733
SouthState Bank Corp
SSB
$10.6B
| $923K | ﹤0.01% |
12,766
-319,339
| -96% | -$21M |
|
3734
Cimpress
CMPR
$2.43B
| $920K | ﹤0.01% |
10,483
+1,565
| +18% | +$134K |
|
|
SRG
3735
Seritage Growth Properties
SRG
$137M
| $919K | ﹤0.01% |
62,630
+51,809
| +479% | +$766K |
|
3736
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.9B
| $917K | ﹤0.01% |
+6,451
| New | +$832K |
|
3737
Wave Life Sciences
WVE
$1.19B
| $914K | ﹤0.01% |
116,138
+101,485
| +693% | +$852K |
|
3738
Centrus Energy
LEU
$3.79B
| $912K | ﹤0.01% |
+39,435
| New | +$550K |
|
3739
Biglari Holdings Class A
BH.A
$1.25B
| $909K | ﹤0.01% |
1,554
-311
| -17% | -$166K |
|
3740
Inogen
INGN
$178M
| $907K | ﹤0.01% |
20,289
-57,149
| -74% | -$1.97M |
|
|
SAFM
3741
DELISTED
Sanderson Farms Inc
SAFM
| $906K | ﹤0.01% |
6,857
+32
| +0.5% | +$4.22K |
|
3742
Prospect Capital
PSEC
$1.1B
| $904K | ﹤0.01% |
+167,117
| New | +$880K |
|
3743
PUT
Amphenol
APH
$211B
| $902K | ﹤0.01% |
+27,600
| New | +$848K |
|
3744
PUT
American Eagle Outfitters
AEO
$2.98B
| $899K | ﹤0.01% |
+44,800
| New | +$753K |
|
3745
CALL
Applied Materials
AMAT
$418B
| $898K | ﹤0.01% |
10,400
-21,400
| -67% | -$1.58M |
|
3746
iShares Core S&P Total US Stock Market ETF
ITOT
$97.4B
| $898K | ﹤0.01% |
+10,414
| New | +$843K |
|
|
MSC
3747
Studio City International Holdings
MSC
$327M
| $897K | ﹤0.01% |
75,557
-2,027
| -3% | -$30.3K |
|
|
CELL
3748
DELISTED
PhenomeX Inc. Common Stock
CELL
| $897K | ﹤0.01% |
+10,037
| New | +$844K |
|
3749
DNP Select Income Fund
DNP
$4.04B
| $896K | ﹤0.01% |
+87,356
| New | +$895K |
|
3750
RLJ Lodging Trust
RLJ
$1.83B
| $894K | ﹤0.01% |
63,178
-597,027
| -90% | -$6.7M |
|
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.