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 | |
|---|---|---|---|---|---|---|
1101
Rapid7
RPD
$645M
| $18.8M | 0.01% |
208,459
+202,727
| +3,537% | +$14.5M |
|
1102
News Corp Class A
NWSA
$14.9B
| $18.8M | 0.01% |
1,045,243
+841,313
| +413% | +$13.6M |
|
|
JHG
1103
DELISTED
Janus Henderson
JHG
| $18.8M | 0.01% |
577,548
-873,052
| -60% | -$24.9M |
|
1104
Pilgrim's Pride
PPC
$6.51B
| $18.8M | 0.01% |
956,469
+828,848
| +649% | +$15M |
|
1105
Franklin Resources
BEN
$17.6B
| $18.7M | 0.01% |
749,021
+542,036
| +262% | +$12.1M |
|
1106
CALL
Eldorado Gold
EGO
$7.87B
| $18.7M | 0.01% |
1,409,500
+809,500
| +135% | +$10.4M |
|
|
RAACU
1107
DELISTED
Revolution Acceleration Acquisition Corp Unit
RAACU
| $18.6M | 0.01% |
+1,790,904
| New | +$18.6M |
|
1108
Paycom
PAYC
$7.64B
| $18.6M | 0.01% |
41,215
+12,478
| +43% | +$4.97M |
|
1109
iShares TIPS Bond ETF
TIP
$14.5B
| $18.6M | 0.01% |
145,752
-18,075
| -11% | -$2.28M |
|
|
NSH.U
1110
DELISTED
NavSight Holdings, Inc. Units, each consisting of one share of Class A Common Stock and one-half of
NSH.U
| $18.6M | 0.01% |
1,803,272
+3,272
| +0.2% | +$33.2K |
|
|
ALXN
1111
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $18.5M | 0.01% |
118,700
| – | – |
|
1112
CALL
Humana
HUM
$43.7B
| $18.5M | 0.01% |
45,100
+21,500
| +91% | +$8.94M |
|
|
LCYAU
1113
DELISTED
Landcadia Holdings III, Inc. Unit
LCYAU
| $18.5M | 0.01% |
+1,655,001
| New | +$16.9M |
|
1114
CRH
CRH
$63.2B
| $18.5M | 0.01% |
433,952
+407,214
| +1,523% | +$16M |
|
|
OXFD
1115
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $18.4M | 0.01% |
1,056,349
+191,456
| +22% | +$2.69M |
|
1116
Dover
DOV
$27.6B
| $18.4M | 0.01% |
145,914
-464,593
| -76% | -$55.2M |
|
1117
Fox Factory Holding Corp
FOXF
$755M
| $18.4M | 0.01% |
174,226
+58,150
| +50% | +$5.28M |
|
|
AEL
1118
DELISTED
American Equity Investment Life Holding Company
AEL
| $18.4M | 0.01% |
665,277
+491,960
| +284% | +$13.6M |
|
1119
Icon
ICLR
$12.6B
| $18.4M | 0.01% |
94,322
+65,028
| +222% | +$12.7M |
|
1120
CALL
American Airlines Group
AAL
$10.1B
| $18.4M | 0.01% |
+1,166,100
| New | +$16.2M |
|
1121
Cytokinetics
CYTK
$10.5B
| $18.4M | 0.01% |
884,954
+211,767
| +31% | +$3.87M |
|
1122
C4 Therapeutics
CCCC
$385M
| $18.4M | 0.01% |
+554,568
| New | +$16.1M |
|
|
1123
CALL
Linde
LIN
$221B
| $18.3M | 0.01% |
69,600
+39,800
| +134% | +$9.77M |
|
1124
BJs Wholesale Club
BJ
$12.5B
| $18.3M | 0.01% |
491,264
-42,118
| -8% | -$1.68M |
|
1125
iShares MBS ETF
MBB
$38.9B
| $18.3M | 0.01% |
166,136
+27,069
| +19% | +$2.98M |
|
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.