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
|
+$643M |
| 2 |
AT&T
T
|
+$311M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$306M |
| 4 |
Microsoft
MSFT
|
+$292M |
| 5 |
Ametek
AME
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$887M |
| 2 |
Apple
AAPL
|
+$694M |
| 3 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$616M |
| 4 |
Amazon
AMZN
|
+$596M |
| 5 |
Linde
LIN
|
+$531M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.39% |
| 2 | Financials | 6.67% |
| 3 | Healthcare | 6.18% |
| 4 | Industrials | 4.97% |
| 5 | Consumer Discretionary | 4.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Pool Corp
POOL
$7B
| $94M | 0.06% |
216,440
+196,656
| +994% | +$93.2M |
|
327
PUT
McDonald's
MCD
$194B
| $93.9M | 0.06% |
389,500
-287,400
| -42% | -$68.6M |
|
328
PUT
Electronic Arts
EA
$52.4B
| $93.9M | 0.06% |
659,900
+70,800
| +12% | +$9.94M |
|
329
Parker-Hannifin
PH
$125B
| $93.8M | 0.06% |
335,471
-86,959
| -21% | -$25.9M |
|
330
Hartford Financial Services
HIG
$39.3B
| $93.6M | 0.06% |
1,332,758
+755,746
| +131% | +$50M |
|
331
Aon
AON
$81.4B
| $93.4M | 0.06% |
326,848
-240,715
| -42% | -$64.7M |
|
332
PPG Industries
PPG
$26.5B
| $93.3M | 0.06% |
652,630
+601,533
| +1,177% | +$96.5M |
|
333
PUT
RH
RH
$3.36B
| $92.6M | 0.06% |
138,900
+2,800
| +2% | +$1.93M |
|
334
Charles River Laboratories
CRL
$11.6B
| $92.5M | 0.06% |
224,177
+111,271
| +99% | +$46.2M |
|
335
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$43.1B
| $92.4M | 0.06% |
640,200
-72,100
| -10% | -$10.7M |
|
336
CALL
ExxonMobil
XOM
$634B
| $91.8M | 0.06% |
1,560,800
+617,400
| +65% | +$35.2M |
|
337
CSX Corp
CSX
$94.2B
| $91.7M | 0.06% |
3,082,788
-2,778,104
| -47% | -$89M |
|
338
Lithia Motors
LAD
$8.17B
| $91.7M | 0.06% |
289,114
-91,079
| -24% | -$31.7M |
|
339
American Homes 4 Rent
AMH
$12.2B
| $91M | 0.05% |
2,387,888
+1,302,056
| +120% | +$53.2M |
|
340
CALL
Nike
NKE
$63.9B
| $91M | 0.05% |
626,500
+355,300
| +131% | +$57.9M |
|
341
Booking.com
BKNG
$154B
| $90.8M | 0.05% |
956,525
-248,475
| -21% | -$22.3M |
|
342
Phillips 66
PSX
$82.5B
| $90.3M | 0.05% |
1,289,214
+694,188
| +117% | +$50.2M |
|
343
PUT
ASML
ASML
$608B
| $90.2M | 0.05% |
121,000
+99,000
| +450% | +$77.8M |
|
344
CALL
Intel
INTC
$435B
| $89.9M | 0.05% |
1,686,500
+52,600
| +3% | +$2.85M |
|
345
O'Reilly Automotive
ORLY
$75.6B
| $89.8M | 0.05% |
2,204,925
+902,010
| +69% | +$36.1M |
|
346
PUT
Snowflake
SNOW
$93.7B
| $89.8M | 0.05% |
297,000
+55,000
| +23% | +$15.6M |
|
347
PUT
Okta
OKTA
$23.7B
| $89.8M | 0.05% |
378,200
+20,000
| +6% | +$4.97M |
|
348
PUT
Verizon
VZ
$201B
| $89.6M | 0.05% |
1,659,800
-500,700
| -23% | -$27.7M |
|
349
Eli Lilly
LLY
$1.09T
| $89.6M | 0.05% |
387,676
+257,044
| +197% | +$63.4M |
|
|
350
CALL
McDonald's
MCD
$194B
| $89.5M | 0.05% |
371,400
-164,200
| -31% | -$39.2M |
|
Similar funds
Millennium Management's Q3 2021 Portfolio in Review
As of Q3 2021, Millennium Management held 7,698 positions worth $167B, up 2.3% from $163B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management deployed $8.65B of net new capital in Q3 2021, opening 1,244 new positions and adding to 2,720 existing holdings. Its largest new stake was Sight Sciences: 1,577,092 shares worth $35.8M.
By sector, the portfolio is most concentrated in Technology at 7.4% of assets, down from 7.8% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Apple, an estimated $694M trimmed.
- Millennium Management's largest Q3 2021 buy was Sight Sciences: 1,577,092 shares worth $35.8M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2021, an estimated $643M increase.
- Millennium Management's biggest Q3 2021 reduction was Apple, cutting an estimated $694M.
- Millennium Management fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $887M.
- Millennium Management's ten largest holdings make up 18% of its $167B portfolio in Q3 2021.
- Millennium Management opened 1,244 new positions and closed 981 in Q3 2021.
- Millennium Management's portfolio value rose 2.3% quarter-over-quarter to $167B.
Based on Millennium Management's 13F filing for Q3 2021, filed 15 Nov 2021.