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 | |
|---|---|---|---|---|---|---|
1151
CALL
GE Aerospace
GE
$374B
| $17.7M | 0.01% |
333,779
+193,654
| +138% | +$8.68M |
|
1152
TE Connectivity
TEL
$59.6B
| $17.7M | 0.01% |
146,464
+205
| +0.1% | +$22.6K |
|
1153
Avery Dennison
AVY
$13B
| $17.7M | 0.01% |
114,307
+108,696
| +1,937% | +$15.7M |
|
1154
Capital One
COF
$128B
| $17.7M | 0.01% |
179,172
-239,923
| -57% | -$20.4M |
|
1155
Madison Square Garden
MSGS
$9.48B
| $17.7M | 0.01% |
95,931
+87,152
| +993% | +$14.3M |
|
1156
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $17.7M | 0.01% |
204,436
+61,346
| +43% | +$5.3M |
|
|
AMRN
1157
Amarin Corp
AMRN
$298M
| $17.7M | 0.01% |
180,507
+84,073
| +87% | +$8.11M |
|
1158
Sportsman's Warehouse
SPWH
$44.5M
| $17.6M | 0.01% |
1,005,179
+557,083
| +124% | +$8.15M |
|
1159
Kemper
KMPR
$1.67B
| $17.6M | 0.01% |
229,519
+20,949
| +10% | +$1.49M |
|
1160
CALL
AES
AES
$10.5B
| $17.6M | 0.01% |
750,000
-1,250,000
| -63% | -$26M |
|
1161
Mueller Water Products
MWA
$3.95B
| $17.6M | 0.01% |
1,422,464
+741,175
| +109% | +$8.52M |
|
1162
A.O. Smith
AOS
$8.17B
| $17.6M | 0.01% |
320,485
+304,844
| +1,949% | +$16.8M |
|
|
PDM
1163
Piedmont Realty Trust
PDM
$1.21B
| $17.6M | 0.01% |
1,082,416
+337,595
| +45% | +$4.97M |
|
|
AVAN.U
1164
DELISTED
Avanti Acquisition Corp. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
AVAN.U
| $17.6M | 0.01% |
+1,620,708
| New | +$16.5M |
|
1165
CALL
VanEck Gold Miners ETF
GDX
$22.7B
| $17.6M | 0.01% |
487,700
-312,300
| -39% | -$11.7M |
|
|
CTAQU
1166
DELISTED
Carney Technology Acquisition Corp. II Units
CTAQU
| $17.6M | 0.01% |
+1,711,590
| New | +$17.6M |
|
1167
Service Corp International
SCI
$11.7B
| $17.5M | 0.01% |
357,332
-108,302
| -23% | -$5.14M |
|
|
MRACU
1168
DELISTED
Marquee Raine Acquisition Corp. Unit
MRACU
| $17.5M | 0.01% |
+1,618,100
| New | +$17.3M |
|
|
MKFG
1169
DELISTED
Markforged Holding Corporation
MKFG
| $17.5M | 0.01% |
+162,240
| New | +$16.8M |
|
1170
Dave & Buster's
PLAY
$377M
| $17.4M | 0.01% |
578,621
+481,033
| +493% | +$10.7M |
|
|
NSCO.WS
1171
CALL
DELISTED
Nesco Holdings, Inc. Warrants, exerciseable for Common Stock
NSCO.WS
| $17.4M | 0.01% |
2,356,634
+399,134
| +20% | +$197K |
|
1172
Western Digital
WDC
$188B
| $17.3M | 0.01% |
413,762
-749,732
| -64% | -$24.9M |
|
1173
Academy Sports + Outdoors
ASO
$2.94B
| $17.3M | 0.01% |
+835,194
| New | +$13.5M |
|
1174
Broadstone Net Lease
BNL
$4.11B
| $17.3M | 0.01% |
883,552
-372,139
| -30% | -$6.58M |
|
1175
Hilltop Holdings
HTH
$2.26B
| $17.3M | 0.01% |
628,858
-575,694
| -48% | -$13.8M |
|
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.