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 | |
|---|---|---|---|---|---|---|
|
CLR
1251
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $15.7M | 0.01% |
960,598
+666,659
| +227% | +$9.97M |
|
1252
Atlassian
TEAM
$25.6B
| $15.6M | 0.01% |
66,884
-130,894
| -66% | -$27.7M |
|
1253
Alnylam Pharmaceuticals
ALNY
$27.5B
| $15.6M | 0.01% |
120,343
+115,143
| +2,214% | +$15.4M |
|
1254
Red Rock Resorts
RRR
$3.77B
| $15.6M | 0.01% |
624,088
-191,983
| -24% | -$4.09M |
|
1255
CALL
Cooper Companies
COO
$14.1B
| $15.6M | 0.01% |
+171,600
| New | +$14.7M |
|
|
PPD
1256
DELISTED
PPD, Inc. Common Stock
PPD
| $15.6M | 0.01% |
455,223
-1,613,457
| -78% | -$56.4M |
|
1257
Philips
PHG
$25.7B
| $15.6M | 0.01% |
354,375
-143,561
| -29% | -$5.93M |
|
1258
PUT
Chewy
CHWY
$9.25B
| $15.5M | 0.01% |
172,900
| – | – |
|
1259
iShares Core S&P Small-Cap ETF
IJR
$109B
| $15.5M | 0.01% |
168,549
+111,918
| +198% | +$9.19M |
|
|
FISV
1260
CALL
Fiserv Inc
FISV
$28.8B
| $15.5M | 0.01% |
136,000
+76,000
| +127% | +$8.19M |
|
|
CRHC.U
1261
DELISTED
Cohn Robbins Holdings Corp. Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
CRHC.U
| $15.5M | 0.01% |
1,440,002
-4,679,998
| -76% | -$47.7M |
|
1262
Brown & Brown
BRO
$23.6B
| $15.5M | 0.01% |
326,216
+218,710
| +203% | +$10.1M |
|
1263
PUT
Guidewire Software
GWRE
$12.6B
| $15.4M | 0.01% |
+120,000
| New | +$13.7M |
|
1264
InMode
INMD
$870M
| $15.4M | 0.01% |
649,712
-411,256
| -39% | -$8.69M |
|
1265
BioNTech
BNTX
$22.9B
| $15.4M | 0.01% |
189,066
-78,664
| -29% | -$7.72M |
|
1266
Trex
TREX
$4.51B
| $15.4M | 0.01% |
184,004
-59,074
| -24% | -$4.52M |
|
1267
Sherwin-Williams
SHW
$82.7B
| $15.4M | 0.01% |
62,838
-54,303
| -46% | -$12.9M |
|
|
DNB
1268
DELISTED
Dun & Bradstreet
DNB
| $15.4M | 0.01% |
+618,117
| New | +$16.5M |
|
|
LCIDW
1269
CALL
DELISTED
Lucid Group, Inc. Warrant
LCIDW
| $15.3M | 0.01% |
1,533,347
+581,347
| +61% | +$710K |
|
|
TLND
1270
DELISTED
Talend S.A. American Depositary Shares
TLND
| $15.3M | 0.01% |
400,274
+327,773
| +452% | +$12.9M |
|
1271
Varonis Systems
VRNS
$4.59B
| $15.3M | 0.01% |
281,250
+186,969
| +198% | +$8.11M |
|
1272
Keysight
KEYS
$54.5B
| $15.3M | 0.01% |
115,803
+84,443
| +269% | +$9.72M |
|
|
HMSY
1273
DELISTED
HMS Holdings Corp.
HMSY
| $15.2M | 0.01% |
414,865
-86,608
| -17% | -$2.63M |
|
|
MAACU
1274
DELISTED
Montes Archimedes Acquisition Corp. Unit
MAACU
| $15.2M | 0.01% |
+1,450,000
| New | +$14.6M |
|
1275
Idexx Laboratories
IDXX
$44.1B
| $15.2M | 0.01% |
30,451
-20,393
| -40% | -$9.12M |
|
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.