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 | |
|---|---|---|---|---|---|---|
|
ETRN
1426
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $12.9M | 0.01% |
1,610,024
+1,488,945
| +1,230% | +$11.9M |
|
1427
Century Aluminum
CENX
$4.43B
| $12.9M | 0.01% |
+1,172,635
| New | +$10.6M |
|
1428
LPL Financial
LPLA
$28.3B
| $12.9M | 0.01% |
123,840
-183,447
| -60% | -$16.5M |
|
|
OZON
1429
DELISTED
Ozon Holdings PLC American Depositary Shares, each ADS representing one ordinary share
OZON
| $12.9M | 0.01% |
+311,592
| New | +$13.6M |
|
1430
PUT
Middleby
MIDD
$6.04B
| $12.9M | 0.01% |
+100,000
| New | +$12.1M |
|
1431
Align Technology
ALGN
$12.1B
| $12.9M | 0.01% |
24,120
+6,385
| +36% | +$2.87M |
|
1432
Marriott International
MAR
$98.3B
| $12.9M | 0.01% |
97,683
-40,831
| -29% | -$4.66M |
|
1433
AbbVie
ABBV
$443B
| $12.9M | 0.01% |
120,252
-43,572
| -27% | -$4.19M |
|
1434
Chord Energy
CHRD
$7.9B
| $12.9M | 0.01% |
347,602
+276,669
| +390% | +$8.14M |
|
1435
StoneCo
STNE
$2.77B
| $12.9M | 0.01% |
+153,467
| New | +$10.3M |
|
|
TALKW
1436
CALL
DELISTED
Talkspace Inc Warrant
TALKW
| $12.9M | 0.01% |
1,190,700
+200,700
| +20% | +$213K |
|
1437
La-Z-Boy
LZB
$1.58B
| $12.9M | 0.01% |
322,801
+169,763
| +111% | +$6.29M |
|
1438
PUT
Norfolk Southern
NSC
$75.4B
| $12.9M | 0.01% |
54,100
+48,900
| +940% | +$11.1M |
|
1439
Levi Strauss
LEVI
$9.44B
| $12.8M | 0.01% |
638,932
-178,394
| -22% | -$3.19M |
|
|
TRIL
1440
DELISTED
Trillium Therapeutics Inc.
TRIL
| $12.8M | 0.01% |
871,324
+266,867
| +44% | +$3.85M |
|
1441
BOK Financial
BOKF
$8.58B
| $12.8M | 0.01% |
187,037
+163,102
| +681% | +$10.5M |
|
1442
Quanterix
QTRX
$164M
| $12.8M | 0.01% |
275,084
-9,449
| -3% | -$412K |
|
1443
OSI Systems
OSIS
$3.65B
| $12.8M | 0.01% |
137,155
+129,511
| +1,694% | +$11.1M |
|
1444
Bally's
BALY
$682M
| $12.8M | 0.01% |
254,145
+169,285
| +199% | +$5.94M |
|
|
HPP
1445
Hudson Pacific Properties
HPP
$747M
| $12.7M | 0.01% |
75,610
+52,661
| +229% | +$8.69M |
|
1446
Albertsons Companies
ACI
$5.62B
| $12.7M | 0.01% |
722,962
+502,883
| +229% | +$7.63M |
|
1447
L3Harris
LHX
$51.6B
| $12.7M | 0.01% |
67,216
-119,296
| -64% | -$21.8M |
|
|
AVYA
1448
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $12.7M | 0.01% |
663,424
+133,939
| +25% | +$2.49M |
|
1449
MSCI
MSCI
$41.6B
| $12.7M | 0.01% |
28,444
-66,952
| -70% | -$26.3M |
|
1450
CALL
Exelon
EXC
$47.2B
| $12.7M | 0.01% |
+420,600
| New | +$12.4M |
|
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.