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 | |
|---|---|---|---|---|---|---|
526
Intercontinental Exchange
ICE
$88.4B
| $43.6M | 0.03% |
377,768
-340,976
| -47% | -$35.4M |
|
|
SYNH
527
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $43.3M | 0.03% |
635,365
+230,080
| +57% | +$14.3M |
|
|
FTOC
528
DELISTED
FTAC Olympus Acquisition Corp. Class A Ordinary Shares
FTOC
| $43.3M | 0.03% |
+4,199,997
| New | +$41.4M |
|
529
Gaming and Leisure Properties
GLPI
$12.7B
| $43.1M | 0.03% |
1,016,764
+199,828
| +24% | +$8.07M |
|
530
PUT
Regeneron Pharmaceuticals
REGN
$77.4B
| $43M | 0.03% |
89,000
+26,500
| +42% | +$14.3M |
|
|
HAACU
531
DELISTED
Health Assurance Acquisition Corp. SAIL Securities
HAACU
| $42.9M | 0.03% |
+3,893,552
| New | +$42.2M |
|
532
Fox Class A
FOXA
$24.7B
| $42.8M | 0.03% |
1,470,907
+695,926
| +90% | +$19.4M |
|
533
Opendoor
OPEN
$3.69B
| $42.7M | 0.03% |
1,942,240
+1,298,068
| +202% | +$27.2M |
|
534
FMC
FMC
$1.48B
| $42.7M | 0.03% |
371,613
-635
| -0.2% | -$70.7K |
|
535
PUT
Bristol-Myers Squibb
BMY
$132B
| $42.7M | 0.03% |
688,400
-1,019,400
| -60% | -$62.7M |
|
536
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $42.7M | 0.03% |
303,200
+4,600
| +2% | +$589K |
|
537
Encompass Health
EHC
$11B
| $42.6M | 0.03% |
647,209
+525,293
| +431% | +$30.9M |
|
538
Ingredion
INGR
$6.33B
| $42.6M | 0.03% |
540,968
+333,571
| +161% | +$25.7M |
|
|
539
FedEx
FDX
$73B
| $42.4M | 0.03% |
163,381
-540,662
| -77% | -$150M |
|
540
PUT
ARK Innovation ETF
ARKK
$5.77B
| $42.3M | 0.03% |
+340,000
| New | +$36.9M |
|
541
PUT
Autodesk
ADSK
$49.6B
| $42.3M | 0.03% |
138,600
-39,400
| -22% | -$10.4M |
|
542
Jefferies Financial Group
JEF
$12.7B
| $42.2M | 0.03% |
1,796,276
+1,549,320
| +627% | +$32.5M |
|
543
Allegion
ALLE
$13.4B
| $42.2M | 0.03% |
362,248
+231,869
| +178% | +$25.2M |
|
544
Cintas
CTAS
$82.7B
| $42M | 0.03% |
475,852
+458,720
| +2,678% | +$39.8M |
|
545
SEI Investments
SEIC
$12.4B
| $42M | 0.03% |
731,463
+396,072
| +118% | +$21.6M |
|
546
Hartford Financial Services
HIG
$39.2B
| $42M | 0.03% |
858,147
+210,214
| +32% | +$9.07M |
|
|
XYZ
547
PUT
Block Inc
XYZ
$49.2B
| $42M | 0.03% |
193,000
-60,200
| -24% | -$11.7M |
|
548
JD.com
JD
$43.6B
| $42M | 0.03% |
477,737
-760,466
| -61% | -$63.5M |
|
549
Viatris
VTRS
$20.7B
| $41.7M | 0.03% |
2,227,553
+872,056
| +64% | +$14.2M |
|
550
DTE Energy
DTE
$29.5B
| $41.7M | 0.03% |
403,598
+321,832
| +394% | +$33.9M |
|
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.