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 | |
|---|---|---|---|---|---|---|
1976
Cboe Global Markets
CBOE
$32.5B
| $7.81M | 0.01% |
83,907
+61,140
| +269% | +$5.35M |
|
1977
National Fuel Gas
NFG
$7.82B
| $7.81M | 0.01% |
+189,963
| New | +$7.91M |
|
|
GRSVW
1978
CALL
DELISTED
Gores Holdings V, Inc. Warrant
GRSVW
| $7.81M | 0.01% |
+750,634
| New | +$1.09M |
|
|
THWWW
1979
CALL
DELISTED
Target Hospitality Corp. Warrant expiring 3/15/2024
THWWW
| $7.8M | 0.01% |
4,940,000
+796,000
| +19% | +$56.7K |
|
1980
CALL
Clover Health Investments
CLOV
$2.2B
| $7.8M | 0.01% |
+465,000
| New | +$5.18M |
|
1981
Whirlpool
WHR
$2.43B
| $7.79M | 0.01% |
43,167
-214,403
| -83% | -$41.1M |
|
1982
Blackstone Mortgage Trust
BXMT
$2.45B
| $7.79M | 0.01% |
282,945
-159,048
| -36% | -$4.01M |
|
1983
Vanguard Total International Bond ETF
BNDX
$81.9B
| $7.77M | 0.01% |
132,665
+15,905
| +14% | +$929K |
|
|
CLII.U
1984
DELISTED
Climate Change Crisis Real Impact I Acquisition Corporation Units, each consisting of one share of C
CLII.U
| $7.76M | 0.01% |
726,300
| – | – |
|
1985
Seres Therapeutics
MCRB
$46.8M
| $7.76M | 0.01% |
15,837
+1,743
| +12% | +$1.02M |
|
|
FARO
1986
DELISTED
Faro Technologies
FARO
| $7.76M | 0.01% |
+109,816
| New | +$7.26M |
|
1987
CALL
Revvity
RVTY
$12.6B
| $7.75M | 0.01% |
+54,000
| New | +$7.19M |
|
1988
Hope Bancorp
HOPE
$1.79B
| $7.74M | 0.01% |
709,407
+368,520
| +108% | +$3.43M |
|
|
NOACU
1989
DELISTED
Natural Order Acquisition Corp. Unit
NOACU
| $7.74M | 0.01% |
+713,134
| New | +$7.61M |
|
|
BIG
1990
DELISTED
Big Lots, Inc.
BIG
| $7.73M | 0.01% |
180,077
-112,741
| -39% | -$5.48M |
|
1991
Ericsson
ERIC
$32.2B
| $7.73M | 0.01% |
646,770
-681,558
| -51% | -$7.99M |
|
|
CBAY
1992
DELISTED
Cymabay Therapeutics
CBAY
| $7.73M | 0.01% |
1,346,048
-336,355
| -20% | -$2.55M |
|
1993
Assured Guaranty
AGO
$3.66B
| $7.72M | 0.01% |
245,331
+23,924
| +11% | +$703K |
|
|
EGIO
1994
DELISTED
Edgio, Inc. Common Stock
EGIO
| $7.71M | 0.01% |
48,275
-20,077
| -29% | -$3.67M |
|
1995
ARS Pharmaceuticals
SPRY
$509M
| $7.69M | 0.01% |
+166,039
| New | +$5.55M |
|
1996
Progressive
PGR
$123B
| $7.68M | 0.01% |
77,695
-417,022
| -84% | -$39.5M |
|
1997
Petrobras Class A
PBR.A
$111B
| $7.68M | 0.01% |
694,041
+543,709
| +362% | +$4.75M |
|
1998
Tenaris
TS
$28.9B
| $7.67M | 0.01% |
480,988
-22,792
| -5% | -$303K |
|
1999
Mission Produce
AVO
$1.11B
| $7.66M | 0.01% |
+509,011
| New | +$6.88M |
|
2000
Liberty Global Class C
LBTYK
$3.53B
| $7.66M | 0.01% |
323,849
+43,758
| +16% | +$948K |
|
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.