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 | |
|---|---|---|---|---|---|---|
701
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.81B
| $32.9M | 0.02% |
518,940
+8,888
| +2% | +$454K |
|
|
BRSL
702
Brightstar Lottery PLC
BRSL
$1.83B
| $32.9M | 0.02% |
1,940,140
+1,049,142
| +118% | +$12.8M |
|
703
W.W. Grainger
GWW
$65.2B
| $32.9M | 0.02% |
80,467
+5,390
| +7% | +$2.12M |
|
704
Sensata Technologies
ST
$6.81B
| $32.8M | 0.02% |
622,065
-433,973
| -41% | -$20.9M |
|
705
Quest Diagnostics
DGX
$25.7B
| $32.8M | 0.02% |
275,248
-161,044
| -37% | -$19.6M |
|
706
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39.3B
| $32.7M | 0.02% |
1,728,200
+1,622,000
| +1,527% | +$28M |
|
707
PUT
Norwegian Cruise Line
NCLH
$8.44B
| $32.7M | 0.02% |
+1,287,400
| New | +$26.9M |
|
708
PUT
Spotify
SPOT
$105B
| $32.7M | 0.02% |
+104,000
| New | +$29.3M |
|
709
Southern Company
SO
$109B
| $32.7M | 0.02% |
532,528
+468,645
| +734% | +$28.2M |
|
710
PUT
TSMC
TSM
$2.1T
| $32.7M | 0.02% |
+300,000
| New | +$28.5M |
|
|
CHNG
711
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $32.6M | 0.02% |
1,746,310
-1,255,544
| -42% | -$20.6M |
|
712
Zillow
Z
$7.64B
| $32.6M | 0.02% |
250,862
-186,090
| -43% | -$20.6M |
|
713
CALL
Union Pacific
UNP
$173B
| $32.5M | 0.02% |
155,900
-17,700
| -10% | -$3.54M |
|
714
Castle Biosciences
CSTL
$906M
| $32.5M | 0.02% |
483,279
+128,548
| +36% | +$6.97M |
|
715
Simply Good Foods
SMPL
$910M
| $32.4M | 0.02% |
1,034,654
+619,761
| +149% | +$14.4M |
|
|
LSXMA
716
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $32.4M | 0.02% |
1,022,292
-157,551
| -13% | -$4.55M |
|
717
STAG Industrial
STAG
$7.35B
| $32.4M | 0.02% |
1,035,678
+901,971
| +675% | +$28.2M |
|
|
HZON
718
DELISTED
Horizon Acquisition Corporation II
HZON
| $32.4M | 0.02% |
+3,139,998
| New | +$32.4M |
|
719
Cushman & Wakefield Ltd
CWK
$3.17B
| $32.4M | 0.02% |
2,185,859
+1,245,630
| +132% | +$17.3M |
|
720
CALL
Gilead Sciences
GILD
$162B
| $32.4M | 0.02% |
556,100
+64,500
| +13% | +$3.89M |
|
721
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$42B
| $32.3M | 0.02% |
205,000
-100,000
| -33% | -$15.9M |
|
|
NSTG
722
DELISTED
NanoString Technologies, Inc.
NSTG
| $32.3M | 0.02% |
482,458
+314,945
| +188% | +$15.8M |
|
723
Graco
GGG
$12.8B
| $32.2M | 0.02% |
445,640
-19,740
| -4% | -$1.32M |
|
724
CALL
AT&T
T
$160B
| $32.2M | 0.02% |
1,480,497
-1,199,544
| -45% | -$25.9M |
|
725
Armstrong World Industries
AWI
$7.3B
| $32.1M | 0.02% |
431,942
+111,799
| +35% | +$8.08M |
|
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.