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 | |
|---|---|---|---|---|---|---|
1001
Timken Company
TKR
$9.56B
| $21.3M | 0.02% |
274,924
+256,907
| +1,426% | +$17.5M |
|
|
SDC
1002
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $21.2M | 0.02% |
1,776,433
-213,460
| -11% | -$2.42M |
|
1003
AGNC Investment
AGNC
$12.4B
| $21.2M | 0.02% |
1,357,560
-827,101
| -38% | -$12.2M |
|
1004
Alphatec Holdings
ATEC
$1.46B
| $21.1M | 0.02% |
1,453,485
+1,173,724
| +420% | +$12.4M |
|
1005
PVH
PVH
$4B
| $21.1M | 0.02% |
224,771
+197,243
| +717% | +$15M |
|
|
ETWO
1006
DELISTED
E2open Parent Holdings
ETWO
| $21.1M | 0.02% |
1,945,794
-203,925
| -9% | -$2.11M |
|
1007
Pembina Pipeline
PBA
$28.4B
| $21M | 0.02% |
886,686
+668,209
| +306% | +$15.7M |
|
1008
Xos
XOS
$28.8M
| $20.9M | 0.02% |
+69,333
| New | +$20.8M |
|
1009
Bio-Techne
TECH
$11.2B
| $20.9M | 0.02% |
263,832
+31,804
| +14% | +$2.3M |
|
1010
CALL
VanEck Junior Gold Miners ETF
GDXJ
$6.89B
| $20.9M | 0.02% |
385,100
+85,100
| +28% | +$4.61M |
|
1011
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $20.9M | 0.02% |
68,300
+58,429
| +592% | +$17M |
|
1012
Goldman Sachs
GS
$300B
| $20.8M | 0.02% |
78,939
-149,464
| -65% | -$33.3M |
|
1013
American States Water
AWR
$3.36B
| $20.8M | 0.02% |
261,747
+103,731
| +66% | +$7.94M |
|
1014
PUT
Live Nation Entertainment
LYV
$40.5B
| $20.8M | 0.02% |
283,200
+185,900
| +191% | +$11.7M |
|
1015
Phreesia
PHR
$663M
| $20.8M | 0.02% |
383,355
+230,799
| +151% | +$9.9M |
|
1016
Stratasys
SSYS
$679M
| $20.8M | 0.02% |
1,003,318
+234,452
| +30% | +$3.76M |
|
1017
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $20.8M | 0.02% |
49,428
+22,736
| +85% | +$8.76M |
|
|
ABMD
1018
CALL
DELISTED
Abiomed Inc
ABMD
| $20.7M | 0.02% |
64,000
+54,000
| +540% | +$14.9M |
|
1019
Donaldson
DCI
$10.9B
| $20.6M | 0.01% |
369,456
+58,170
| +19% | +$3.07M |
|
1020
Simpson Manufacturing
SSD
$7.72B
| $20.6M | 0.01% |
+220,759
| New | +$20.5M |
|
|
CONE
1021
DELISTED
CyrusOne Inc Common Stock
CONE
| $20.6M | 0.01% |
281,328
-132,150
| -32% | -$9.59M |
|
1022
SkinHealth Systems
SKIN
$88.8M
| $20.6M | 0.01% |
+1,817,827
| New | +$19.6M |
|
1023
RenaissanceRe
RNR
$13.3B
| $20.6M | 0.01% |
123,984
+27,711
| +29% | +$4.71M |
|
1024
Dynatrace
DT
$12.9B
| $20.5M | 0.01% |
474,746
+239,128
| +101% | +$9.5M |
|
1025
Cabot Corp
CBT
$4.54B
| $20.5M | 0.01% |
457,152
+412,556
| +925% | +$17.1M |
|
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.