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 | |
|---|---|---|---|---|---|---|
1601
CALL
Electronic Arts
EA
$53B
| $10.9M | 0.01% |
76,100
+1,100
| +1% | +$142K |
|
1602
Sanofi
SNY
$103B
| $10.9M | 0.01% |
224,857
+2,620
| +1% | +$129K |
|
1603
AngioDynamics
ANGO
$611M
| $10.9M | 0.01% |
712,156
+104,566
| +17% | +$1.33M |
|
1604
MINISO
MNSO
$3.88B
| $10.9M | 0.01% |
+413,459
| New | +$8.94M |
|
|
CVET
1605
DELISTED
Covetrus, Inc. Common Stock
CVET
| $10.9M | 0.01% |
378,876
-38,020
| -9% | -$1.03M |
|
1606
PUT
Republic Services
RSG
$64.8B
| $10.9M | 0.01% |
+113,000
| New | +$10.8M |
|
|
HTLF
1607
DELISTED
Heartland Financial USA, Inc.
HTLF
| $10.9M | 0.01% |
269,507
+102,698
| +62% | +$3.85M |
|
1608
Under Armour
UAA
$2.84B
| $10.9M | 0.01% |
633,195
-290,493
| -31% | -$4.44M |
|
1609
Phillips 66
PSX
$84.9B
| $10.9M | 0.01% |
155,322
+56,384
| +57% | +$3.31M |
|
1610
H.B. Fuller
FUL
$2.97B
| $10.9M | 0.01% |
209,172
+198,119
| +1,792% | +$10M |
|
1611
Pegasystems
PEGA
$5.02B
| $10.8M | 0.01% |
162,348
-4,298
| -3% | -$274K |
|
|
HZON
1612
CALL
DELISTED
Horizon Acquisition Corporation II
HZON
| $10.8M | 0.01% |
+1,046,665
| New | +$10.8M |
|
1613
Yum! Brands
YUM
$41.8B
| $10.8M | 0.01% |
99,512
-538,761
| -84% | -$55M |
|
1614
State Street SPDR S&P Homebuilders ETF
XHB
$1.6B
| $10.8M | 0.01% |
+187,282
| New | +$10.6M |
|
1615
CALL
Autodesk
ADSK
$49.5B
| $10.8M | 0.01% |
35,300
-44,700
| -56% | -$11.8M |
|
1616
Brookdale Senior Living
BKD
$3.49B
| $10.8M | 0.01% |
2,431,024
+1,394,964
| +135% | +$5.15M |
|
1617
Allogene Therapeutics
ALLO
$649M
| $10.7M | 0.01% |
425,482
+357,234
| +523% | +$11.6M |
|
1618
Packaging Corp of America
PKG
$21.9B
| $10.7M | 0.01% |
77,759
-112,668
| -59% | -$14.2M |
|
|
PIPP.U
1619
DELISTED
Pine Island Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
PIPP.U
| $10.7M | 0.01% |
+1,040,000
| New | +$10.8M |
|
|
DCPH
1620
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $10.7M | 0.01% |
187,847
+100,630
| +115% | +$5.96M |
|
1621
Modine Manufacturing
MOD
$10.7B
| $10.7M | 0.01% |
853,365
+196,386
| +30% | +$1.9M |
|
1622
Purple Innovation
PRPL
$35.3M
| $10.7M | 0.01% |
13,009
-14,594
| -53% | -$10.6M |
|
1623
CALL
SoFi Technologies
SOFI
$21B
| $10.7M | 0.01% |
+860,833
| New | +$9.72M |
|
1624
CALL
Mondelez International
MDLZ
$79.5B
| $10.7M | 0.01% |
182,900
-105,800
| -37% | -$6.05M |
|
|
IACA
1625
DELISTED
ION Acquisition Corp 1 Ltd.
IACA
| $10.7M | 0.01% |
+907,650
| New | +$9.83M |
|
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.