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 | |
|---|---|---|---|---|---|---|
3826
Larimar Therapeutics
LRMR
$426M
| $789K | ﹤0.01% |
36,862
-7,024
| -16% | -$141K |
|
3827
Interparfums
IPAR
$3.95B
| $787K | ﹤0.01% |
13,018
-4,562
| -26% | -$230K |
|
3828
Neuronetics
STIM
$164M
| $786K | ﹤0.01% |
+70,746
| New | +$532K |
|
3829
Safety Insurance
SAFT
$1.52B
| $785K | ﹤0.01% |
10,081
-34,309
| -77% | -$2.52M |
|
3830
Nuveen Floating Rate Income Fund
JFR
$1.24B
| $784K | ﹤0.01% |
+89,715
| New | +$756K |
|
3831
Cohen & Steers Closed End Opportunity Fund
FOF
$378M
| $783K | ﹤0.01% |
+63,031
| New | +$720K |
|
|
HPI
3832
John Hancock Preferred Income Fund
HPI
$432M
| $783K | ﹤0.01% |
+39,775
| New | +$760K |
|
3833
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$41.3B
| $783K | ﹤0.01% |
23,187
+14,719
| +174% | +$464K |
|
3834
CVB Financial
CVBF
$4.03B
| $782K | ﹤0.01% |
40,128
-78,903
| -66% | -$1.49M |
|
3835
Nkarta
NKTX
$157M
| $782K | ﹤0.01% |
+12,722
| New | +$528K |
|
|
NBTX
3836
Nanobiotix
NBTX
$2.02B
| $780K | ﹤0.01% |
+47,261
| New | +$814K |
|
|
K
3837
CALL
DELISTED
Kellanova
K
| $778K | ﹤0.01% |
+13,313
| New | +$800K |
|
|
MILEW
3838
CALL
DELISTED
Metromile, Inc. Warrant
MILEW
| $778K | ﹤0.01% |
+50,000
| New | +$151K |
|
3839
Intercorp Financial Services
IFS
$6.58B
| $775K | ﹤0.01% |
23,964
-6,080
| -20% | -$158K |
|
|
HCCI
3840
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $774K | ﹤0.01% |
+36,754
| New | +$681K |
|
3841
Bread Financial
BFH
$4.54B
| $773K | ﹤0.01% |
13,070
-81,113
| -86% | -$4.08M |
|
|
HBI
3842
DELISTED
Hanesbrands
HBI
| $773K | ﹤0.01% |
53,014
-522,684
| -91% | -$7.89M |
|
3843
Astrana Health
ASTH
$1.78B
| $773K | ﹤0.01% |
42,334
-29,877
| -41% | -$537K |
|
3844
iShares Semiconductor ETF
SOXX
$47.6B
| $771K | ﹤0.01% |
6,099
-12,024
| -66% | -$1.38M |
|
3845
CALL
Krystal Biotech
KRYS
$9.64B
| $768K | ﹤0.01% |
12,800
+2,800
| +28% | +$140K |
|
3846
iShares Global REIT ETF
REET
$5.13B
| $768K | ﹤0.01% |
+32,076
| New | +$723K |
|
|
VTRU
3847
DELISTED
Vitru Limited Common Shares
VTRU
| $768K | ﹤0.01% |
52,571
-24,091
| -31% | -$333K |
|
|
CLDB
3848
DELISTED
CORTLAND BNCP CRTLD OHIO
CLDB
| $767K | ﹤0.01% |
41,189
-4,510
| -10% | -$72.3K |
|
|
KIO
3849
KKR Income Opportunities Fund
KIO
$453M
| $766K | ﹤0.01% |
+53,071
| New | +$739K |
|
|
ITI
3850
DELISTED
Iteris, Inc.
ITI
| $766K | ﹤0.01% |
135,585
-41,982
| -24% | -$200K |
|
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.