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 | |
|---|---|---|---|---|---|---|
476
PUT
Procter & Gamble
PG
$336B
| $47.6M | 0.03% |
342,200
-138,100
| -29% | -$19.3M |
|
477
W.R. Berkley
WRB
$26.9B
| $47.6M | 0.03% |
1,611,934
+992,950
| +160% | +$28.6M |
|
478
e.l.f. Beauty
ELF
$4.89B
| $47.6M | 0.03% |
1,888,392
+1,115,511
| +144% | +$24M |
|
479
Morningstar
MORN
$7.22B
| $47.5M | 0.03% |
204,945
-3,691
| -2% | -$733K |
|
480
Clorox
CLX
$11.6B
| $47.4M | 0.03% |
234,913
-376,579
| -62% | -$77.9M |
|
481
Invesco
IVZ
$13.1B
| $47.4M | 0.03% |
2,716,634
+2,621,245
| +2,748% | +$40.3M |
|
482
Lamb Weston
LW
$7.22B
| $46.9M | 0.03% |
595,603
+581,519
| +4,129% | +$42.3M |
|
|
PPL
483
PPL Corp
PPL
$26.5B
| $46.9M | 0.03% |
1,662,351
+1,627,454
| +4,664% | +$46.2M |
|
484
PUT
Chevron
CVX
$392B
| $46.8M | 0.03% |
553,700
-198,200
| -26% | -$16M |
|
485
Enphase Energy
ENPH
$4.96B
| $46.7M | 0.03% |
266,217
-266,732
| -50% | -$33.8M |
|
486
The RealReal
REAL
$1.46B
| $46.7M | 0.03% |
2,389,651
+408,003
| +21% | +$6.29M |
|
487
ON Semiconductor
ON
$31.8B
| $46.7M | 0.03% |
1,425,918
-251,829
| -15% | -$7.03M |
|
|
RBAC
488
DELISTED
RedBall Acquisition Corp.
RBAC
| $46.7M | 0.03% |
+4,284,982
| New | +$44.6M |
|
|
PRPB
489
DELISTED
CC Neuberger Principal Holdings II Class A Ordinary Shares
PRPB
| $46.5M | 0.03% |
4,466,861
+1,029,461
| +30% | +$10.3M |
|
490
PUT
T-Mobile US
TMUS
$185B
| $46.3M | 0.03% |
343,600
+42,800
| +14% | +$5.29M |
|
|
TRIT
491
CALL
DELISTED
Triterras, Inc. Class A Ordinary Shares
TRIT
| $46.3M | 0.03% |
+4,200,000
| New | +$49M |
|
492
lululemon athletica
LULU
$13.5B
| $46.3M | 0.03% |
132,994
-171,173
| -56% | -$59.4M |
|
493
CALL
Amgen
AMGN
$208B
| $46.2M | 0.03% |
201,100
-68,100
| -25% | -$15.7M |
|
494
PUT
State Street Energy Select Sector SPDR ETF
XLE
$39.6B
| $46.1M | 0.03% |
2,431,400
-250,000
| -9% | -$4.31M |
|
495
Bath & Body Works
BBWI
$4.06B
| $46M | 0.03% |
1,531,009
+46,566
| +3% | +$1.35M |
|
496
AT&T
T
$159B
| $46M | 0.03% |
2,118,515
-859,075
| -29% | -$18.5M |
|
|
TWTR
497
PUT
DELISTED
Twitter, Inc.
TWTR
| $46M | 0.03% |
849,200
+631,300
| +290% | +$30.1M |
|
498
TC Energy
TRP
$70.2B
| $45.8M | 0.03% |
1,123,565
+672,530
| +149% | +$28.6M |
|
|
MZTI
499
The Marzetti Company
MZTI
$2.93B
| $45.6M | 0.03% |
247,978
+1,340
| +0.5% | +$233K |
|
500
American Express Global Business Travel
GBTG
$4.93B
| $45.4M | 0.03% |
+4,364,547
| New | +$44.3M |
|
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.