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 |
Linde
LIN
|
+$770M |
| 2 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$580M |
| 3 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$391M |
| 4 |
PFPT
Proofpoint, Inc.
PFPT
|
+$322M |
| 5 |
UnitedHealth
UNH
|
+$283M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.21B |
| 2 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$351M |
| 3 |
RP
RealPage, Inc.
RP
|
+$316M |
| 4 |
Shopify
SHOP
|
+$312M |
| 5 |
Boeing
BA
|
+$310M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.82% |
| 2 | Healthcare | 7.16% |
| 3 | Financials | 5.78% |
| 4 | Consumer Discretionary | 5.64% |
| 5 | Industrials | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $705M | 0.43% |
19,220,700
-2,666,200
| -12% | -$97.5M |
|
27
CALL
Tesla
TSLA
$1.24T
| $643M | 0.39% |
2,836,200
+1,286,700
| +83% | +$279M |
|
28
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $622M | 0.38% |
6,072,400
+2,675,300
| +79% | +$274M |
|
|
PRAH
29
DELISTED
PRA Health Sciences, Inc.
PRAH
| $616M | 0.38% |
3,730,627
+3,476,898
| +1,370% | +$580M |
|
30
PUT
JPMorgan Chase
JPM
$939B
| $612M | 0.38% |
3,933,000
+1,250,400
| +47% | +$196M |
|
31
PUT
Salesforce
CRM
$134B
| $589M | 0.36% |
2,410,400
+339,100
| +16% | +$78.2M |
|
32
Meta Platforms (Facebook)
META
$1.51T
| $572M | 0.35% |
1,644,008
-652,309
| -28% | -$209M |
|
33
PUT
Intel
INTC
$466B
| $533M | 0.33% |
9,491,100
-594,900
| -6% | -$34.9M |
|
|
INFO
34
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $509M | 0.31% |
4,515,013
+2,173,278
| +93% | +$231M |
|
35
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$13B
| $502M | 0.31% |
6,433,000
+2,857,000
| +80% | +$207M |
|
|
36
CALL
Meta Platforms (Facebook)
META
$1.51T
| $474M | 0.29% |
1,362,200
+567,500
| +71% | +$182M |
|
37
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $471M | 0.29% |
1,100,400
-1,085,200
| -50% | -$453M |
|
38
PUT
Snap
SNAP
$7.32B
| $453M | 0.28% |
6,641,700
-366,300
| -5% | -$22M |
|
39
PUT
Micron Technology
MU
$1.04T
| $449M | 0.28% |
5,286,700
+1,553,000
| +42% | +$131M |
|
40
PUT
Advanced Micro Devices
AMD
$851B
| $433M | 0.27% |
4,605,900
-2,439,500
| -35% | -$197M |
|
41
PUT
Qualcomm
QCOM
$176B
| $419M | 0.26% |
2,929,200
+632,100
| +28% | +$85.4M |
|
42
PUT
PayPal
PYPL
$49.5B
| $410M | 0.25% |
1,407,000
-102,900
| -7% | -$27.2M |
|
43
PUT
Broadcom
AVGO
$1.82T
| $393M | 0.24% |
8,239,000
+3,617,000
| +78% | +$168M |
|
44
Honeywell
HON
$77.1B
| $389M | 0.24% |
1,881,376
+887,818
| +89% | +$188M |
|
45
PUT
Citigroup
C
$222B
| $389M | 0.24% |
5,497,400
+2,593,000
| +89% | +$192M |
|
46
Walmart Inc
WMT
$871B
| $375M | 0.23% |
7,980,477
+4,864,617
| +156% | +$227M |
|
|
DOCU
47
PUT
DocuSign
DOCU
$9.63B
| $366M | 0.22% |
1,308,400
+246,100
| +23% | +$55M |
|
48
PUT
State Street Energy Select Sector SPDR ETF
XLE
$39.5B
| $365M | 0.22% |
13,544,600
+6,661,400
| +97% | +$173M |
|
|
PFPT
49
DELISTED
Proofpoint, Inc.
PFPT
| $362M | 0.22% |
2,083,774
+1,981,846
| +1,944% | +$322M |
|
50
PUT
Alphabet (Google) Class C
GOOG
$3.9T
| $349M | 0.21% |
2,784,000
-342,000
| -11% | -$40.8M |
|
Similar funds
Millennium Management's Q2 2021 Portfolio in Review
As of Q2 2021, Millennium Management held 7,530 positions worth $163B, up 17% from $140B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Millennium Management deployed $13.3B of net new capital in Q2 2021, opening 1,693 new positions and adding to 2,343 existing holdings. Its largest new stake was SiteOne Landscape Supply: 609,104 shares worth $103M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, down from 8.9% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Apple, an estimated $1.21B trimmed.
- Millennium Management's largest Q2 2021 buy was SiteOne Landscape Supply: 609,104 shares worth $103M.
- Millennium Management added most to Linde in Q2 2021, an estimated $770M increase.
- Millennium Management's biggest Q2 2021 reduction was Apple, cutting an estimated $1.21B.
- Millennium Management fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $351M.
- Millennium Management's ten largest holdings make up 20% of its $163B portfolio in Q2 2021.
- Millennium Management opened 1,693 new positions and closed 1,074 in Q2 2021.
- Millennium Management's portfolio value rose 17% quarter-over-quarter to $163B.
Based on Millennium Management's 13F filing for Q2 2021, filed 16 Aug 2021.