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 |
Linde
LIN
|
+$770M |
| 2 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$580M |
| 3 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$391M |
| 4 |
PFPT
Proofpoint, Inc.
PFPT
|
+$322M |
| 5 |
UnitedHealth
UNH
|
+$283M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.21B |
| 2 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$351M |
| 3 |
RP
RealPage, Inc.
RP
|
+$316M |
| 4 |
Shopify
SHOP
|
+$312M |
| 5 |
Boeing
BA
|
+$310M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.82% |
| 2 | Healthcare | 7.16% |
| 3 | Financials | 5.78% |
| 4 | Consumer Discretionary | 5.64% |
| 5 | Industrials | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
AutoZone
AZO
$48.3B
| $123M | 0.08% |
82,400
-1,400
| -2% | -$2.03M |
|
227
CALL
Johnson & Johnson
JNJ
$635B
| $122M | 0.07% |
739,400
+265,100
| +56% | +$43.9M |
|
228
CALL
ARK Innovation ETF
ARKK
$5.89B
| $122M | 0.07% |
930,300
+839,100
| +920% | +$97.8M |
|
229
PUT
Autodesk
ADSK
$44.3B
| $121M | 0.07% |
416,000
+227,400
| +121% | +$64.9M |
|
230
PUT
Verizon
VZ
$194B
| $121M | 0.07% |
2,160,500
-634,600
| -23% | -$36.4M |
|
231
Goldman Sachs
GS
$313B
| $121M | 0.07% |
318,925
-418,115
| -57% | -$150M |
|
232
CALL
VanEck Gold Miners ETF
GDX
$23B
| $121M | 0.07% |
3,547,900
+2,554,300
| +257% | +$93.3M |
|
233
AES
AES
$10.6B
| $120M | 0.07% |
4,614,041
+1,514,345
| +49% | +$40M |
|
234
Bank of America
BAC
$435B
| $120M | 0.07% |
2,912,996
-2,278,563
| -44% | -$93.4M |
|
235
PUT
Amgen
AMGN
$203B
| $120M | 0.07% |
492,000
-98,800
| -17% | -$24.3M |
|
|
MRO
236
DELISTED
Marathon Oil Corporation
MRO
| $119M | 0.07% |
8,730,850
+6,363,700
| +269% | +$76.9M |
|
237
Cleveland-Cliffs
CLF
$6.81B
| $119M | 0.07% |
5,507,588
+2,939,698
| +114% | +$57.9M |
|
238
Berkshire Hathaway Class B
BRK.B
$1.07T
| $119M | 0.07% |
427,013
+283,166
| +197% | +$79.1M |
|
|
SF
239
Stifel
SF
$12.3B
| $118M | 0.07% |
2,721,734
+2,156,657
| +382% | +$96.7M |
|
240
Intel
INTC
$466B
| $118M | 0.07% |
2,094,281
-228,859
| -10% | -$13.4M |
|
241
PUT
Walt Disney
DIS
$165B
| $117M | 0.07% |
667,100
-71,900
| -10% | -$12.9M |
|
242
Constellation Brands
STZ
$22.2B
| $117M | 0.07% |
500,029
+381,764
| +323% | +$89.6M |
|
243
ServiceNow
NOW
$102B
| $117M | 0.07% |
1,060,900
-1,059,995
| -50% | -$107M |
|
|
244
CALL
Goldman Sachs
GS
$313B
| $116M | 0.07% |
305,800
+196,400
| +180% | +$70.3M |
|
|
ATVI
245
PUT
DELISTED
Activision Blizzard
ATVI
| $116M | 0.07% |
1,213,400
+530,900
| +78% | +$50.3M |
|
246
Teradyne
TER
$54.8B
| $116M | 0.07% |
862,428
+691,910
| +406% | +$88.5M |
|
247
Lowe's Companies
LOW
$116B
| $115M | 0.07% |
592,306
+127,005
| +27% | +$24.8M |
|
248
State Street Energy Select Sector SPDR ETF
XLE
$39.5B
| $115M | 0.07% |
4,260,984
+3,303,346
| +345% | +$85.9M |
|
249
Netflix
NFLX
$292B
| $115M | 0.07% |
2,171,370
-3,288,060
| -60% | -$168M |
|
250
CALL
NVIDIA
NVDA
$5.01T
| $114M | 0.07% |
5,720,000
+80,000
| +1% | +$1.28M |
|
Similar funds
Millennium Management's Q2 2021 Portfolio in Review
As of Q2 2021, Millennium Management held 7,530 positions worth $163B, up 17% from $140B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Millennium Management deployed $13.3B of net new capital in Q2 2021, opening 1,693 new positions and adding to 2,343 existing holdings. Its largest new stake was SiteOne Landscape Supply: 609,104 shares worth $103M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, down from 8.9% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Apple, an estimated $1.21B trimmed.
- Millennium Management's largest Q2 2021 buy was SiteOne Landscape Supply: 609,104 shares worth $103M.
- Millennium Management added most to Linde in Q2 2021, an estimated $770M increase.
- Millennium Management's biggest Q2 2021 reduction was Apple, cutting an estimated $1.21B.
- Millennium Management fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $351M.
- Millennium Management's ten largest holdings make up 20% of its $163B portfolio in Q2 2021.
- Millennium Management opened 1,693 new positions and closed 1,074 in Q2 2021.
- Millennium Management's portfolio value rose 17% quarter-over-quarter to $163B.
Based on Millennium Management's 13F filing for Q2 2021, filed 16 Aug 2021.