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 | |
|---|---|---|---|---|---|---|
426
Martin Marietta Materials
MLM
$34.2B
| $82M | 0.04% |
212,929
+198,899
| +1,418% | +$77.1M |
|
427
Vertex Pharmaceuticals
VRTX
$123B
| $81.7M | 0.04% |
313,136
-133,717
| -30% | -$31.7M |
|
428
WEX
WEX
$6.42B
| $81.7M | 0.04% |
457,621
+94,688
| +26% | +$15.4M |
|
429
Centene
CNC
$30.5B
| $81.2M | 0.04% |
964,623
-411,664
| -30% | -$33.8M |
|
430
CALL
United Parcel Service
UPS
$88.9B
| $81.2M | 0.04% |
378,600
+98,900
| +35% | +$21M |
|
431
Envista
NVST
$4.62B
| $81.1M | 0.04% |
1,664,480
+1,453,951
| +691% | +$67.1M |
|
432
CALL
Applied Materials
AMAT
$347B
| $81.1M | 0.04% |
615,000
+335,900
| +120% | +$46.2M |
|
433
Freeport-McMoran
FCX
$86.2B
| $80.9M | 0.04% |
1,626,998
+1,108,254
| +214% | +$49.1M |
|
434
Autodesk
ADSK
$51.8B
| $80.8M | 0.04% |
376,903
+315,026
| +509% | +$72.6M |
|
435
PUT
iShares Biotechnology ETF
IBB
$9.45B
| $80.6M | 0.04% |
618,500
-45,700
| -7% | -$5.95M |
|
436
CALL
Starbucks
SBUX
$119B
| $80.6M | 0.04% |
885,500
+362,400
| +69% | +$34.2M |
|
437
PUT
Akamai
AKAM
$15.6B
| $80.5M | 0.04% |
674,100
+125,400
| +23% | +$14.1M |
|
438
CALL
Merck
MRK
$322B
| $80.4M | 0.04% |
979,300
+761,500
| +350% | +$60M |
|
439
O'Reilly Automotive
ORLY
$75.1B
| $80.1M | 0.04% |
1,753,335
+236,685
| +16% | +$10.6M |
|
440
PUT
NXP Semiconductors
NXPI
$60.8B
| $80M | 0.04% |
432,500
-368,000
| -46% | -$72.6M |
|
441
CALL
SPDR Gold Trust
GLD
$131B
| $80M | 0.04% |
442,900
-246,500
| -36% | -$43.2M |
|
442
Zions Bancorporation
ZION
$10.1B
| $79.9M | 0.04% |
1,219,057
+559,354
| +85% | +$38.3M |
|
443
Capital One
COF
$128B
| $79.8M | 0.04% |
607,887
-540,112
| -47% | -$78.8M |
|
444
EQT Corp
EQT
$32.9B
| $79.8M | 0.04% |
2,318,765
-165,138
| -7% | -$4.03M |
|
445
PUT
McKesson
MCK
$104B
| $79.7M | 0.04% |
260,200
-53,600
| -17% | -$14.6M |
|
446
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.72B
| $79.6M | 0.04% |
1,805,000
+287,000
| +19% | +$12.2M |
|
447
Patterson-UTI
PTEN
$3.54B
| $79.4M | 0.04% |
5,130,029
+3,391,101
| +195% | +$42.8M |
|
448
KraneShares CSI China Internet ETF
KWEB
$5.5B
| $79.4M | 0.04% |
2,785,042
+2,209,092
| +384% | +$74.1M |
|
449
Honeywell
HON
$76.4B
| $79.4M | 0.04% |
432,872
-664,650
| -61% | -$123M |
|
450
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $79.2M | 0.04% |
+600,000
| New | +$82.8M |
|
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.