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 | |
|---|---|---|---|---|---|---|
1401
Agios Pharmaceuticals
AGIO
$1.79B
| $13.2M | 0.01% |
304,265
+226,363
| +291% | +$8.95M |
|
|
IPOF
1402
CALL
DELISTED
Social Capital Hedosophia Holdings Corp. VI
IPOF
| $13.2M | 0.01% |
+1,071,159
| New | +$12.2M |
|
1403
Meritage Homes
MTH
$4.58B
| $13.2M | 0.01% |
317,854
+225,958
| +246% | +$10.7M |
|
1404
PUT
NRG Energy
NRG
$28.3B
| $13.1M | 0.01% |
350,000
| – | – |
|
1405
Sixth Street Specialty
TSLX
$1.63B
| $13.1M | 0.01% |
633,167
+178,490
| +39% | +$3.4M |
|
1406
WIX.com
WIX
$2.3B
| $13.1M | 0.01% |
52,524
+26,523
| +102% | +$6.98M |
|
1407
PUT
Five Below
FIVE
$12B
| $13.1M | 0.01% |
+75,000
| New | +$11.1M |
|
1408
EPAM Systems
EPAM
$5.51B
| $13.1M | 0.01% |
36,576
+33,584
| +1,122% | +$11.2M |
|
1409
Veeva Systems
VEEV
$33.1B
| $13.1M | 0.01% |
48,075
-11,875
| -20% | -$3.33M |
|
1410
Azenta
AZTA
$1.3B
| $13.1M | 0.01% |
192,785
-232,074
| -55% | -$14.5M |
|
1411
Illumina
ILMN
$31B
| $13.1M | 0.01% |
36,340
+9,733
| +37% | +$3.1M |
|
1412
CALL
Altria Group
MO
$114B
| $13.1M | 0.01% |
318,900
+170,000
| +114% | +$6.83M |
|
1413
First Financial Bancorp
FFBC
$3.55B
| $13M | 0.01% |
744,133
+192,486
| +35% | +$3.02M |
|
1414
Trane Technologies
TT
$100B
| $13M | 0.01% |
89,851
-37,969
| -30% | -$5.24M |
|
|
LSI
1415
DELISTED
Life Storage, Inc.
LSI
| $13M | 0.01% |
163,634
-433,630
| -73% | -$33M |
|
1416
Shake Shack
SHAK
$2.53B
| $13M | 0.01% |
153,542
+123,682
| +414% | +$9.6M |
|
1417
iShares US Home Construction ETF
ITB
$2.26B
| $13M | 0.01% |
233,255
+217,296
| +1,362% | +$12.2M |
|
|
KDMN
1418
DELISTED
Kadmon Holdings, Inc.
KDMN
| $13M | 0.01% |
3,133,677
-1,624,711
| -34% | -$6.41M |
|
|
AFMD
1419
DELISTED
Affimed
AFMD
| $13M | 0.01% |
223,312
-201,333
| -47% | -$9.48M |
|
1420
PUT
NetEase
NTES
$85.3B
| $13M | 0.01% |
135,700
+1,200
| +0.9% | +$108K |
|
1421
PUT
United Airlines
UAL
$39.4B
| $13M | 0.01% |
+300,000
| New | +$12.1M |
|
|
JOYY
1422
JOYY Inc
JOYY
$3.71B
| $13M | 0.01% |
162,131
-11,302
| -7% | -$971K |
|
1423
Veracyte
VCYT
$3.7B
| $13M | 0.01% |
264,799
+136,991
| +107% | +$6.35M |
|
|
PBCT
1424
DELISTED
People's United Financial Inc
PBCT
| $13M | 0.01% |
1,002,049
-13,622
| -1% | -$164K |
|
1425
Rocket Pharmaceuticals
RCKT
$340M
| $13M | 0.01% |
236,218
+194,126
| +461% | +$7.08M |
|
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.