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 | |
|---|---|---|---|---|---|---|
|
SBNY
401
DELISTED
Signature Bank
SBNY
| $88.4M | 0.05% |
301,106
+215,795
| +253% | +$70.1M |
|
402
Olin
OLN
$2.53B
| $88.4M | 0.05% |
1,690,268
+864,299
| +105% | +$44.2M |
|
403
Monster Beverage
MNST
$95.1B
| $88.3M | 0.05% |
2,211,100
+1,268,478
| +135% | +$53.2M |
|
|
404
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| $87.4M | 0.05% |
193,302
-2,957,339
| -94% | -$1.32B |
|
405
Imperial Oil
IMO
$62.3B
| $87.3M | 0.05% |
1,801,792
+1,215,258
| +207% | +$52.1M |
|
406
CALL
UnitedHealth
UNH
$382B
| $87.2M | 0.05% |
170,900
+85,600
| +100% | +$41.3M |
|
|
STOR
407
DELISTED
STORE Capital Corporation
STOR
| $87M | 0.05% |
2,977,221
+2,789,680
| +1,488% | +$86M |
|
408
CALL
State Street Technology Select Sector SPDR ETF
XLK
$109B
| $86.7M | 0.05% |
1,091,600
-526,400
| -33% | -$41.3M |
|
409
NXP Semiconductors
NXPI
$60.8B
| $86.6M | 0.05% |
468,144
+408,787
| +689% | +$80.6M |
|
410
CALL
Verizon
VZ
$197B
| $86.3M | 0.05% |
1,693,800
+465,900
| +38% | +$24.7M |
|
411
Coca-Cola Europacific Partners
CCEP
$49.1B
| $85.7M | 0.05% |
1,762,779
-149,563
| -8% | -$8.01M |
|
412
Duke Energy
DUK
$101B
| $85.2M | 0.05% |
762,843
+20,649
| +3% | +$2.14M |
|
413
PUT
Ford
F
$60.9B
| $85.1M | 0.05% |
5,031,600
-4,772,600
| -49% | -$90.8M |
|
414
PUT
United Rentals
URI
$65.7B
| $84.5M | 0.04% |
238,000
-8,900
| -4% | -$2.91M |
|
|
NATI
415
DELISTED
National Instruments Corp
NATI
| $84.4M | 0.04% |
2,079,769
+104,345
| +5% | +$4.21M |
|
416
SPDR Gold Trust
GLD
$131B
| $84.3M | 0.04% |
466,711
-489,055
| -51% | -$85.8M |
|
417
Electronic Arts
EA
$52.4B
| $83.9M | 0.04% |
663,136
+543,723
| +455% | +$70.8M |
|
|
COUP
418
DELISTED
Coupa Software Incorporated
COUP
| $83.8M | 0.04% |
824,844
+629,298
| +322% | +$76.2M |
|
419
CALL
Home Depot
HD
$337B
| $83.6M | 0.04% |
279,200
-38,400
| -12% | -$13.3M |
|
420
PUT
Chipotle Mexican Grill
CMG
$43.9B
| $83.4M | 0.04% |
2,635,000
-1,595,000
| -38% | -$48M |
|
421
Silicon Motion
SIMO
$7.11B
| $83M | 0.04% |
1,241,836
+228,076
| +22% | +$17.8M |
|
422
CALL
Lockheed Martin
LMT
$131B
| $82.8M | 0.04% |
187,600
+84,700
| +82% | +$34.3M |
|
423
Yum! Brands
YUM
$41.9B
| $82.7M | 0.04% |
698,012
+542,759
| +350% | +$66.9M |
|
424
Zoom
ZM
$27.1B
| $82.5M | 0.04% |
703,491
-141,788
| -17% | -$19.3M |
|
425
Mid-America Apartment Communities
MAA
$16B
| $82.4M | 0.04% |
393,567
+269,819
| +218% | +$56.5M |
|
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.