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 | |
|---|---|---|---|---|---|---|
|
YMAB
2351
DELISTED
Y-mAbs Therapeutics
YMAB
| $5.2M | ﹤0.01% |
105,057
+8,689
| +9% | +$402K |
|
|
FRTA
2352
DELISTED
Forterra, Inc
FRTA
| $5.2M | ﹤0.01% |
302,255
+122,006
| +68% | +$1.95M |
|
2353
Vipshop
VIPS
$7.47B
| $5.19M | ﹤0.01% |
184,780
-1,062,487
| -85% | -$23.6M |
|
2354
CALL
Pacific Biosciences
PACB
$441M
| $5.19M | ﹤0.01% |
+200,000
| New | +$3.4M |
|
2355
PJT Partners
PJT
$4.36B
| $5.18M | ﹤0.01% |
+68,866
| New | +$4.85M |
|
2356
VeriSign
VRSN
$27B
| $5.18M | ﹤0.01% |
23,935
-61,647
| -72% | -$12.6M |
|
2357
Kearny Financial
KRNY
$610M
| $5.17M | ﹤0.01% |
489,639
+399,585
| +444% | +$3.78M |
|
2358
BGC Group
BGC
$5.38B
| $5.16M | ﹤0.01% |
1,288,989
+561,548
| +77% | +$1.96M |
|
2359
Comtech Telecommunications
CMTL
$49.7M
| $5.15M | ﹤0.01% |
248,985
-84,647
| -25% | -$1.48M |
|
2360
CALL
Guidewire Software
GWRE
$13.1B
| $5.15M | ﹤0.01% |
+40,000
| New | +$4.56M |
|
2361
Pacira BioSciences
PCRX
$1.06B
| $5.14M | ﹤0.01% |
85,984
+1,995
| +2% | +$117K |
|
2362
CALL
Fortune Brands Innovations
FBIN
$6.22B
| $5.14M | ﹤0.01% |
+70,200
| New | +$5.12M |
|
2363
Trinity Industries
TRN
$2.5B
| $5.14M | ﹤0.01% |
194,819
-133,024
| -41% | -$3M |
|
2364
Unitil
UTL
$963M
| $5.14M | ﹤0.01% |
116,046
+97,391
| +522% | +$3.89M |
|
|
CSOD
2365
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $5.13M | ﹤0.01% |
+116,513
| New | +$4.82M |
|
|
MOR
2366
DELISTED
MorphoSys AG American Depositary Shares
MOR
| $5.13M | ﹤0.01% |
181,021
-88,066
| -33% | -$2.41M |
|
|
FBC
2367
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $5.12M | ﹤0.01% |
125,480
+64,642
| +106% | +$2.23M |
|
|
BRMK
2368
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $5.11M | ﹤0.01% |
+501,388
| New | +$5.11M |
|
2369
Barclays
BCS
$93.8B
| $5.11M | ﹤0.01% |
639,550
-334,165
| -34% | -$2.24M |
|
2370
James River Group Holdings
JRVR
$213M
| $5.11M | ﹤0.01% |
103,964
+36,172
| +53% | +$1.75M |
|
2371
GameStop
GME
$8.55B
| $5.1M | ﹤0.01% |
1,083,448
-1,307,644
| -55% | -$4.5M |
|
|
JAMF
2372
DELISTED
Jamf
JAMF
| $5.1M | ﹤0.01% |
170,391
+163,281
| +2,296% | +$5.38M |
|
2373
PUT
Cognizant
CTSH
$24.9B
| $5.1M | ﹤0.01% |
62,200
-56,000
| -47% | -$4.26M |
|
2374
Grand Canyon Education
LOPE
$3.93B
| $5.09M | ﹤0.01% |
54,692
+28,033
| +105% | +$2.39M |
|
2375
ABM Industries
ABM
$2.86B
| $5.09M | ﹤0.01% |
134,468
+108,156
| +411% | +$4.1M |
|
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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.