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 | |
|---|---|---|---|---|---|---|
4076
CALL
Perrigo
PRGO
$1.86B
| $537K | ﹤0.01% |
12,000
| – | – |
|
4077
PUT
Cardinal Health
CAH
$56B
| $536K | ﹤0.01% |
+10,000
| New | +$519K |
|
|
LOTZW
4078
CALL
DELISTED
CarLotz, Inc. Warrant
LOTZW
| $536K | ﹤0.01% |
47,854
-270,479
| -85% | -$384K |
|
4079
Adtran
ADTN
$649M
| $535K | ﹤0.01% |
36,255
-101,919
| -74% | -$1.29M |
|
4080
Century Casinos
CNTY
$33.2M
| $535K | ﹤0.01% |
83,772
-354,472
| -81% | -$2.05M |
|
4081
VanEck Emerging Markets High Yield Bond ETF
HYEM
$522M
| $535K | ﹤0.01% |
+22,378
| New | +$519K |
|
|
ITOS
4082
DELISTED
iTeos Therapeutics
ITOS
| $535K | ﹤0.01% |
+15,809
| New | +$419K |
|
4083
Alpha Metallurgical Resources
AMR
$1.85B
| $533K | ﹤0.01% |
46,914
-21,406
| -31% | -$192K |
|
4084
AST SpaceMobile
ASTS
$20.5B
| $532K | ﹤0.01% |
39,200
-1,044,000
| -96% | -$11.1M |
|
4085
Central Garden & Pet Co Class A
CENTA
$2.41B
| $531K | ﹤0.01% |
18,260
-11,851
| -39% | -$347K |
|
|
HGLB
4086
Highland Global Allocation Fund
HGLB
$176M
| $531K | ﹤0.01% |
+81,270
| New | +$486K |
|
4087
Rayonier Advanced Materials
RYAM
$651M
| $531K | ﹤0.01% |
81,414
-117,974
| -59% | -$625K |
|
4088
CALL
US Bancorp
USB
$101B
| $531K | ﹤0.01% |
+11,400
| New | +$482K |
|
|
RVI
4089
DELISTED
Retail Value Inc. Common Shares
RVI
| $531K | ﹤0.01% |
389,018
-327,497
| -46% | -$417K |
|
4090
Check Point Software Technologies
CHKP
$12.8B
| $529K | ﹤0.01% |
3,981
+992
| +33% | +$121K |
|
4091
CALL
L3Harris
LHX
$53.2B
| $529K | ﹤0.01% |
+2,800
| New | +$512K |
|
|
4092
PUT
L3Harris
LHX
$53.2B
| $529K | ﹤0.01% |
+2,800
| New | +$512K |
|
4093
CALL
Zymeworks
ZYME
$1.73B
| $529K | ﹤0.01% |
+11,200
| New | +$520K |
|
4094
AgEagle Aerial Systems
UAVS
$42.6M
| $527K | ﹤0.01% |
88
+66
| +300% | +$198K |
|
4095
Sanara MedTech
SMTI
$313M
| $526K | ﹤0.01% |
+10,536
| New | +$415K |
|
|
4096
PUT
US Bancorp
USB
$101B
| $526K | ﹤0.01% |
11,300
-88,700
| -89% | -$3.75M |
|
4097
Beyond Meat
BYND
$318M
| $525K | ﹤0.01% |
4,198
+1,869
| +80% | +$282K |
|
4098
Gaia
GAIA
$48.4M
| $525K | ﹤0.01% |
53,160
+33,627
| +172% | +$352K |
|
4099
Super Micro Computer
SMCI
$19.8B
| $525K | ﹤0.01% |
+165,700
| New | +$467K |
|
4100
Imperial Oil
IMO
$60.6B
| $524K | ﹤0.01% |
27,521
-7,627
| -22% | -$122K |
|
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.