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 | |
|---|---|---|---|---|---|---|
451
PUT
Northrop Grumman
NOC
$77.4B
| $81.4M | 0.04% |
210,400
+21,800
| +12% | +$8.12M |
|
452
PUT
Electronic Arts
EA
$52.4B
| $81.4M | 0.04% |
617,400
-42,500
| -6% | -$5.72M |
|
453
Charles River Laboratories
CRL
$11.6B
| $81.4M | 0.04% |
216,011
-8,166
| -4% | -$3.17M |
|
|
XM
454
DELISTED
Qualtrics International Inc. Class A Common Stock
XM
| $81.4M | 0.04% |
+2,298,092
| New | +$89.3M |
|
455
Cognizant
CTSH
$25.6B
| $81.2M | 0.04% |
915,010
-33,684
| -4% | -$2.71M |
|
456
CALL
Carvana
CVNA
$47.7B
| $81.1M | 0.04% |
1,750,000
+1,475,000
| +536% | +$81.1M |
|
457
PUT
Scotiabank
BNS
$106B
| $80.8M | 0.04% |
940,000
+190,000
| +25% | +$12.6M |
|
458
Merck
MRK
$323B
| $80.4M | 0.04% |
1,048,499
+64,223
| +7% | +$5.12M |
|
459
Royal Gold
RGLD
$16.4B
| $79.3M | 0.04% |
753,282
+621,100
| +470% | +$62.6M |
|
460
PUT
Amgen
AMGN
$213B
| $79.2M | 0.04% |
352,000
+13,500
| +4% | +$2.85M |
|
461
Boyd Gaming
BYD
$6.73B
| $79M | 0.04% |
1,204,289
+596,358
| +98% | +$37.8M |
|
462
Regeneron Pharmaceuticals
REGN
$73.5B
| $78.8M | 0.04% |
124,794
+55,338
| +80% | +$34M |
|
463
BWX Technologies
BWXT
$14.9B
| $78.7M | 0.04% |
1,644,506
+1,496,896
| +1,014% | +$78.3M |
|
464
United Parcel Service
UPS
$89.2B
| $78.7M | 0.04% |
367,034
+187,123
| +104% | +$38.1M |
|
465
CF Industries
CF
$19.4B
| $78.6M | 0.04% |
1,110,854
-1,173,331
| -51% | -$73.5M |
|
466
Southern Copper
SCCO
$138B
| $78.5M | 0.04% |
1,372,005
+907,543
| +195% | +$50.6M |
|
467
CALL
PayPal
PYPL
$50.4B
| $78.4M | 0.04% |
415,600
+127,200
| +44% | +$27.5M |
|
468
OGE Energy
OGE
$10.1B
| $78.2M | 0.04% |
2,036,938
+327,872
| +19% | +$11.5M |
|
469
PUT
Pinduoduo
PDD
$124B
| $78.1M | 0.04% |
1,340,400
-104,200
| -7% | -$8.22M |
|
470
PUT
McKesson
MCK
$106B
| $78M | 0.04% |
313,800
+271,600
| +644% | +$59.6M |
|
471
Duke Energy
DUK
$101B
| $77.9M | 0.04% |
742,194
+680,988
| +1,113% | +$69M |
|
472
Rogers Corp
ROG
$2.2B
| $77.5M | 0.04% |
283,902
+245,624
| +642% | +$59.7M |
|
473
Fox Class A
FOXA
$24.5B
| $77.1M | 0.04% |
2,088,355
+777,797
| +59% | +$30.6M |
|
474
Micron Technology
MU
$887B
| $77.1M | 0.04% |
827,243
-1,020,294
| -55% | -$79.7M |
|
475
Cloudflare
NET
$93.5B
| $76.9M | 0.04% |
584,769
+566,630
| +3,124% | +$94.9M |
|
Similar funds
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.