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 MSCI Emerging Markets ETF
EEM
|
+$554M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$435M |
| 3 |
CERN
Cerner Corp
CERN
|
+$282M |
| 4 |
Norfolk Southern
NSC
|
+$238M |
| 5 |
ExxonMobil
XOM
|
+$237M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.35B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.32B |
| 3 |
Apple
AAPL
|
+$966M |
| 4 |
NVIDIA
NVDA
|
+$768M |
| 5 |
AT&T
T
|
+$594M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.16% |
| 2 | Financials | 6.59% |
| 3 | Healthcare | 6.12% |
| 4 | Industrials | 4.26% |
| 5 | Consumer Discretionary | 3.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
PUT
Royal Caribbean
RCL
$86.5B
| $96.5M | 0.05% |
1,152,300
+82,300
| +8% | +$6.48M |
|
352
PUT
Royal Bank of Canada
RY
$287B
| $96.4M | 0.05% |
750,000
-150,000
| -17% | -$16.8M |
|
353
KLA
KLAC
$222B
| $96M | 0.05% |
2,623,420
+369,940
| +16% | +$13.8M |
|
|
LSI
354
DELISTED
Life Storage, Inc.
LSI
| $96M | 0.05% |
683,798
-132,615
| -16% | -$17.9M |
|
355
Occidental Petroleum
OXY
$55.7B
| $95.9M | 0.05% |
1,690,593
+445,234
| +36% | +$19.7M |
|
356
CALL
McDonald's
MCD
$193B
| $95.9M | 0.05% |
387,900
-23,900
| -6% | -$5.95M |
|
357
PUT
Abbott
ABT
$187B
| $95.8M | 0.05% |
809,800
+150,400
| +23% | +$18.6M |
|
358
PUT
Autodesk
ADSK
$51.8B
| $95.4M | 0.05% |
445,000
+55,400
| +14% | +$12.8M |
|
359
Rogers Corp
ROG
$2.09B
| $95.3M | 0.05% |
350,896
+66,994
| +24% | +$18.3M |
|
360
PUT
Lockheed Martin
LMT
$131B
| $95.3M | 0.05% |
215,900
+45,200
| +26% | +$18.3M |
|
361
United Airlines
UAL
$38.8B
| $95.1M | 0.05% |
2,051,351
+956,776
| +87% | +$41.5M |
|
362
Teck Resources
TECK
$28.2B
| $94.8M | 0.05% |
2,345,852
+1,390,782
| +146% | +$49.7M |
|
363
PUT
Verizon
VZ
$197B
| $94.4M | 0.05% |
1,854,100
+175,800
| +10% | +$9.31M |
|
|
364
CALL
iShares MSCI Emerging Markets ETF
EEM
$27.5B
| $94.3M | 0.05% |
2,089,200
-958,600
| -31% | -$45.2M |
|
365
PUT
Carnival Corporation Ltd
CCL
$38.1B
| $94.2M | 0.05% |
4,658,900
+197,100
| +4% | +$3.98M |
|
366
iShares Russell 2000 ETF
IWM
$79.1B
| $94.2M | 0.05% |
458,696
-372,384
| -45% | -$76M |
|
367
PUT
CrowdStrike
CRWD
$183B
| $94.1M | 0.05% |
1,656,800
-2,562,000
| -61% | -$119M |
|
368
Baidu
BIDU
$35.7B
| $93.8M | 0.05% |
708,819
+396,696
| +127% | +$59.8M |
|
369
Cirrus Logic
CRUS
$6.76B
| $93.6M | 0.05% |
1,103,801
+609,938
| +124% | +$52.4M |
|
370
Okta
OKTA
$23.8B
| $93.6M | 0.05% |
619,933
+457,965
| +283% | +$82.1M |
|
371
CALL
Procter & Gamble
PG
$340B
| $93.5M | 0.05% |
612,000
-651,200
| -52% | -$102M |
|
372
CVS Health
CVS
$135B
| $93.4M | 0.05% |
923,064
-2,138,530
| -70% | -$225M |
|
373
CALL
Charter Communications
CHTR
$17.3B
| $93.2M | 0.05% |
170,800
-39,000
| -19% | -$22.9M |
|
374
Bath & Body Works
BBWI
$3.97B
| $93.1M | 0.05% |
1,948,140
+1,735,238
| +815% | +$93.6M |
|
375
Expeditors International
EXPD
$22.3B
| $93.1M | 0.05% |
902,591
+430,081
| +91% | +$47.4M |
|
Similar funds
Millennium Management's Q1 2022 Portfolio in Review
As of Q1 2022, Millennium Management held 8,193 positions worth $189B, down 4.1% from $197B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Millennium Management's Q1 2022 filing shows 1,492 new, 2,451 increased, 2,453 reduced and 1,365 closed positions. Its largest new stake was Mondelez International: 1,780,636 shares worth $112M. The largest sale was iShares Core S&P 500 ETF, an estimated $1.35B.
By sector, the portfolio is most concentrated in Technology at 7.2% of assets, down from 7.9% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q1 2022 buy was Mondelez International: 1,780,636 shares worth $112M.
- Millennium Management added most to iShares MSCI Emerging Markets ETF in Q1 2022, an estimated $554M increase.
- Millennium Management's biggest Q1 2022 reduction was iShares Core S&P 500 ETF, cutting an estimated $1.35B.
- Millennium Management fully exited IHS Markit Ltd. Common Shares in Q1 2022, selling an estimated $532M.
- Millennium Management's ten largest holdings make up 24% of its $189B portfolio in Q1 2022.
- Millennium Management opened 1,492 new positions and closed 1,365 in Q1 2022.
- Millennium Management's portfolio value fell 4.1% quarter-over-quarter to $189B.
Based on Millennium Management's 13F filing for Q1 2022, filed 16 May 2022.