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 |
iShares Core S&P 500 ETF
IVV
|
+$1.38B |
| 2 |
Apple
AAPL
|
+$971M |
| 3 |
Tesla
TSLA
|
+$937M |
| 4 |
NVIDIA
NVDA
|
+$773M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$742M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$291M |
| 2 |
Willis Towers Watson
WTW
|
+$256M |
| 3 |
KSU
Kansas City Southern
KSU
|
+$227M |
| 4 |
Salesforce
CRM
|
+$225M |
| 5 |
Advanced Micro Devices
AMD
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.9% |
| 2 | Financials | 6.62% |
| 3 | Healthcare | 6.1% |
| 4 | Consumer Discretionary | 4.86% |
| 5 | Industrials | 4.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3376
Spok Holdings
SPOK
$233M
| $2.85M | ﹤0.01% |
306,049
-185,101
| -38% | -$1.82M |
|
3377
Arlo Technologies
ARLO
$1.61B
| $2.85M | ﹤0.01% |
271,843
-173,644
| -39% | -$1.36M |
|
3378
iShares MSCI Netherlands ETF
EWN
$621M
| $2.85M | ﹤0.01% |
+56,721
| New | +$2.87M |
|
|
HHLA.U
3379
DELISTED
HH&L Acquisition Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
HHLA.U
| $2.85M | ﹤0.01% |
285,895
| – | – |
|
3380
Brunswick
BC
$5.1B
| $2.84M | ﹤0.01% |
28,201
-7,550
| -21% | -$739K |
|
|
SLI
3381
Standard Lithium
SLI
$498M
| $2.84M | ﹤0.01% |
290,638
+10,964
| +4% | +$107K |
|
3382
LiveRamp
RAMP
$2.3B
| $2.84M | ﹤0.01% |
59,150
+2,960
| +5% | +$149K |
|
3383
CALL
Williams Companies
WMB
$86.7B
| $2.84M | ﹤0.01% |
+108,900
| New | +$3.01M |
|
|
3384
PUT
Williams Companies
WMB
$86.7B
| $2.84M | ﹤0.01% |
+108,900
| New | +$3.01M |
|
|
MRSH
3385
PUT
Marsh
MRSH
$91.4B
| $2.83M | ﹤0.01% |
16,300
+8,200
| +101% | +$1.36M |
|
|
NREF
3386
NexPoint Real Estate Finance
NREF
$328M
| $2.83M | ﹤0.01% |
147,193
+30,654
| +26% | +$632K |
|
|
SA
3387
Seabridge Gold
SA
$2.81B
| $2.83M | ﹤0.01% |
+171,538
| New | +$3.07M |
|
3388
Xenon Pharmaceuticals
XENE
$6.01B
| $2.83M | ﹤0.01% |
90,621
-145,598
| -62% | -$4.35M |
|
3389
Howard Hughes
HHH
$3.83B
| $2.83M | ﹤0.01% |
29,164
-43,459
| -60% | -$3.8M |
|
3390
AudioCodes
AUDC
$247M
| $2.83M | ﹤0.01% |
81,417
-49,259
| -38% | -$1.72M |
|
3391
Veracyte
VCYT
$3.65B
| $2.83M | ﹤0.01% |
+68,639
| New | +$3.03M |
|
|
BBBY
3392
DELISTED
Bed Bath & Beyond Inc
BBBY
| $2.83M | ﹤0.01% |
193,978
-69,306
| -26% | -$1.21M |
|
|
EGIO
3393
DELISTED
Edgio, Inc. Common Stock
EGIO
| $2.82M | ﹤0.01% |
20,583
+19,226
| +1,417% | +$2.29M |
|
|
VTYX
3394
DELISTED
Ventyx Biosciences
VTYX
| $2.82M | ﹤0.01% |
+142,021
| New | +$2.69M |
|
3395
Replimune Group
REPL
$963M
| $2.81M | ﹤0.01% |
103,826
+15,394
| +17% | +$460K |
|
3396
Astrana Health
ASTH
$1.79B
| $2.81M | ﹤0.01% |
+38,273
| New | +$3.14M |
|
|
HCCI
3397
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $2.81M | ﹤0.01% |
87,783
+72,120
| +460% | +$2.34M |
|
3398
W&T Offshore
WTI
$522M
| $2.81M | ﹤0.01% |
869,409
-781,635
| -47% | -$3.01M |
|
|
ATRI
3399
DELISTED
Atrion Corp
ATRI
| $2.8M | ﹤0.01% |
3,972
-2,437
| -38% | -$1.75M |
|
|
CGAU
3400
Centerra Gold
CGAU
$3.41B
| $2.8M | ﹤0.01% |
363,050
-239,794
| -40% | -$1.82M |
|
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Millennium Management's Q4 2021 Portfolio in Review
As of Q4 2021, Millennium Management held 7,926 positions worth $197B, up 18% from $167B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Millennium Management deployed $20.8B of net new capital in Q4 2021, opening 1,213 new positions and adding to 2,561 existing holdings. Its largest new stake was Comcast: 3,028,627 shares worth $152M.
By sector, the portfolio is most concentrated in Technology at 7.9% of assets, up from 7.4% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Technology Select Sector SPDR ETF, an estimated $291M trimmed.
- Millennium Management's largest Q4 2021 buy was Comcast: 3,028,627 shares worth $152M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q4 2021, an estimated $1.38B increase.
- Millennium Management's biggest Q4 2021 reduction was State Street Technology Select Sector SPDR ETF, cutting an estimated $291M.
- Millennium Management fully exited Kansas City Southern in Q4 2021, selling an estimated $227M.
- Millennium Management's ten largest holdings make up 19% of its $197B portfolio in Q4 2021.
- Millennium Management opened 1,213 new positions and closed 1,232 in Q4 2021.
- Millennium Management's portfolio value rose 18% quarter-over-quarter to $197B.
Based on Millennium Management's 13F filing for Q4 2021, filed 14 Feb 2022.