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 | |
|---|---|---|---|---|---|---|
|
TMHC
1651
DELISTED
Taylor Morrison
TMHC
| $10.4M | 0.01% |
404,266
+11,539
| +3% | +$294K |
|
1652
SM Energy
SM
$7.8B
| $10.4M | 0.01% |
1,692,990
-920,329
| -35% | -$3.1M |
|
|
SEAH.U
1653
DELISTED
Sports Entertainment Acquisition Corp. Units, each consisting of one share of Class A Common Stock,
SEAH.U
| $10.4M | 0.01% |
+963,154
| New | +$9.87M |
|
1654
PUT
MetLife
MET
$61.9B
| $10.4M | 0.01% |
220,500
+125,300
| +132% | +$5.43M |
|
1655
Zebra Technologies
ZBRA
$14B
| $10.3M | 0.01% |
26,901
-9,989
| -27% | -$3.36M |
|
|
PSB
1656
DELISTED
PS Business Parks, Inc.
PSB
| $10.3M | 0.01% |
77,813
+60,203
| +342% | +$7.75M |
|
|
PING
1657
DELISTED
Ping Identity Holding Corp.
PING
| $10.3M | 0.01% |
+360,900
| New | +$9.99M |
|
1658
Vanguard Real Estate ETF
VNQ
$39.2B
| $10.3M | 0.01% |
121,599
+36,168
| +42% | +$3M |
|
1659
CALL
CSX Corp
CSX
$93.4B
| $10.3M | 0.01% |
341,100
+267,900
| +366% | +$7.7M |
|
1660
Vail Resorts
MTN
$5.32B
| $10.3M | 0.01% |
36,964
+31,755
| +610% | +$8.2M |
|
1661
Cohen & Steers
CNS
$4.23B
| $10.3M | 0.01% |
138,705
-108,027
| -44% | -$7.13M |
|
1662
CALL
argenx
ARGX
$53.4B
| $10.3M | 0.01% |
35,000
+32,000
| +1,067% | +$8.8M |
|
1663
Otter Tail
OTTR
$3.71B
| $10.3M | 0.01% |
241,242
+31,307
| +15% | +$1.28M |
|
1664
Appian
APPN
$1.98B
| $10.3M | 0.01% |
63,322
+59,611
| +1,606% | +$6.68M |
|
1665
Materion
MTRN
$4.39B
| $10.3M | 0.01% |
161,085
+127,195
| +375% | +$7.31M |
|
1666
OGE Energy
OGE
$9.78B
| $10.3M | 0.01% |
322,096
-90,406
| -22% | -$2.92M |
|
|
BROG
1667
DELISTED
Brooge Energy
BROG
| $10.2M | 0.01% |
997,973
-69,221
| -6% | -$643K |
|
1668
Snowflake
SNOW
$102B
| $10.2M | 0.01% |
+36,376
| New | +$10.4M |
|
|
RDUS
1669
DELISTED
Radius Recycling
RDUS
| $10.2M | 0.01% |
320,494
+216,096
| +207% | +$5.32M |
|
1670
The Greenbrier Companies
GBX
$1.52B
| $10.2M | 0.01% |
280,937
-133,394
| -32% | -$4.4M |
|
|
TACA.U
1671
DELISTED
Trepont Acquisition Corp I Units, each consisting of one Class A ordinary share and one-half of one
TACA.U
| $10.2M | 0.01% |
+983,132
| New | +$10.1M |
|
1672
AvalonBay Communities
AVB
$26.5B
| $10.2M | 0.01% |
63,429
+990
| +2% | +$157K |
|
1673
CALL
Dollar Tree
DLTR
$24.4B
| $10.2M | 0.01% |
94,100
-25,900
| -22% | -$2.6M |
|
|
STAY
1674
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $10.2M | 0.01% |
686,493
+672,661
| +4,863% | +$8.72M |
|
|
HOME
1675
DELISTED
At Home Group Inc.
HOME
| $10.2M | 0.01% |
656,935
-288,659
| -31% | -$5.03M |
|
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.