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 | |
|---|---|---|---|---|---|---|
676
Guardant Health
GH
$21.4B
| $34.1M | 0.02% |
264,950
+64,043
| +32% | +$7.37M |
|
677
Agree Realty
ADC
$9.34B
| $34.1M | 0.02% |
512,537
+151,398
| +42% | +$9.89M |
|
678
Charter Communications
CHTR
$17.1B
| $34.1M | 0.02% |
51,484
-43,160
| -46% | -$27.5M |
|
679
Lennar Class A
LEN
$19.9B
| $34M | 0.02% |
460,895
+419,569
| +1,015% | +$31.4M |
|
680
Insulet
PODD
$11.4B
| $34M | 0.02% |
132,837
+109,577
| +471% | +$27.2M |
|
681
NNN REIT
NNN
$8.98B
| $33.9M | 0.02% |
829,135
+571,622
| +222% | +$21.5M |
|
682
CALL
Chevron
CVX
$387B
| $33.9M | 0.02% |
401,400
-244,200
| -38% | -$19.8M |
|
683
Kilroy Realty
KRC
$4.54B
| $33.9M | 0.02% |
590,364
+172,739
| +41% | +$9.72M |
|
684
Fortune Brands Innovations
FBIN
$5.8B
| $33.8M | 0.02% |
461,680
+414,122
| +871% | +$30.2M |
|
685
PUT
Amgen
AMGN
$206B
| $33.8M | 0.02% |
146,900
-97,400
| -40% | -$22.5M |
|
686
HEICO Corp
HEI
$49.5B
| $33.7M | 0.02% |
254,776
+245,078
| +2,527% | +$29.9M |
|
687
HP
HPQ
$24.7B
| $33.7M | 0.02% |
1,371,725
-1,105,918
| -45% | -$23.2M |
|
688
Capri Holdings
CPRI
$1.83B
| $33.7M | 0.02% |
803,100
+782,202
| +3,743% | +$23.9M |
|
|
ORGN
689
DELISTED
Origin Materials
ORGN
| $33.7M | 0.02% |
105,593
+46,593
| +79% | +$13.9M |
|
690
PUT
AutoZone
AZO
$49.3B
| $33.7M | 0.02% |
28,400
-4,600
| -14% | -$5.33M |
|
|
CCAC.U
691
CALL
DELISTED
CITIC Capital Acquisition Corp. Units, each consisting of one Class A ordinary share, $0.0001 par va
CCAC.U
| $33.3M | 0.02% |
+3,180,350
| New | +$34.3M |
|
692
International Paper
IP
$21.9B
| $33.3M | 0.02% |
706,395
+671,762
| +1,940% | +$30M |
|
693
Spruce Power Holding Corp
SPRU
$35.6M
| $33.2M | 0.02% |
214,500
+211,613
| +7,330% | +$22.8M |
|
694
PG&E
PCG
$38.4B
| $33.2M | 0.02% |
2,662,823
+1,759,540
| +195% | +$19.9M |
|
|
EOSEW
695
CALL
DELISTED
Eos Energy Enterprises Warrant
EOSEW
| $33.2M | 0.02% |
+1,590,980
| New | +$4.54M |
|
696
Regions Financial
RF
$26.4B
| $33.1M | 0.02% |
2,052,789
+1,310,292
| +176% | +$18.9M |
|
697
Allison Transmission
ALSN
$9.56B
| $33M | 0.02% |
765,539
+2,539
| +0.3% | +$102K |
|
698
Equitable Holdings
EQH
$13.2B
| $33M | 0.02% |
1,290,109
-23,355
| -2% | -$546K |
|
699
MP Materials
MP
$7.45B
| $33M | 0.02% |
1,025,609
+373,889
| +57% | +$7.23M |
|
|
EVRI
700
DELISTED
Everi Holdings
EVRI
| $32.9M | 0.02% |
2,385,593
-798,222
| -25% | -$8.67M |
|
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.