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 |
Shopify
SHOP
|
+$417M |
| 2 |
PARA
Paramount Global Class B
PARA
|
+$344M |
| 3 |
Baidu
BIDU
|
+$254M |
| 4 |
American Electric Power
AEP
|
+$214M |
| 5 |
Intuitive Surgical
ISRG
|
+$212M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.19B |
| 2 |
Microsoft
MSFT
|
+$1.44B |
| 3 |
Intel
INTC
|
+$925M |
| 4 |
NVIDIA
NVDA
|
+$589M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$573M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.94% |
| 2 | Healthcare | 6.98% |
| 3 | Consumer Discretionary | 5.82% |
| 4 | Financials | 5.54% |
| 5 | Industrials | 4.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PXD
476
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $51M | 0.04% |
+320,900
| New | +$45.6M |
|
477
Enovis
ENOV
$1.48B
| $50.8M | 0.04% |
674,105
+136,108
| +25% | +$9.98M |
|
|
LMNX
478
DELISTED
Luminex Corp
LMNX
| $50.6M | 0.04% |
1,586,822
+623,326
| +65% | +$18.5M |
|
|
ZEN
479
DELISTED
ZENDESK INC
ZEN
| $50.6M | 0.04% |
381,435
-59,245
| -13% | -$8.49M |
|
480
ArcelorMittal
MT
$55.2B
| $50.6M | 0.04% |
1,733,828
+1,654,062
| +2,074% | +$40.4M |
|
481
IBM
IBM
$223B
| $50.5M | 0.04% |
396,759
-255,045
| -39% | -$30.5M |
|
482
UnitedHealth
UNH
$358B
| $50.5M | 0.04% |
135,840
-189,009
| -58% | -$65.5M |
|
483
PUT
Honeywell
HON
$74.2B
| $50.4M | 0.04% |
246,576
+101,643
| +70% | +$19.8M |
|
|
SIVB
484
DELISTED
SVB Financial Group
SIVB
| $50.4M | 0.04% |
102,101
+89,252
| +695% | +$43.9M |
|
485
Brown & Brown
BRO
$24B
| $50.3M | 0.04% |
1,099,497
+773,281
| +237% | +$35.5M |
|
486
Spectrum Brands
SPB
$2.09B
| $50.2M | 0.04% |
590,959
-218,668
| -27% | -$17.8M |
|
487
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $50.2M | 0.04% |
2,045,000
+316,800
| +18% | +$7.31M |
|
488
PUT
Royal Caribbean
RCL
$82.9B
| $49.9M | 0.04% |
582,600
+430,100
| +282% | +$34.1M |
|
489
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$40.8B
| $49.8M | 0.04% |
367,900
+162,900
| +79% | +$23.6M |
|
490
PUT
Regeneron Pharmaceuticals
REGN
$83B
| $49.8M | 0.04% |
105,300
+16,300
| +18% | +$7.94M |
|
491
McKesson
MCK
$99.9B
| $49.8M | 0.04% |
255,222
-300,300
| -54% | -$54.8M |
|
492
Builders FirstSource
BLDR
$7.91B
| $49.6M | 0.04% |
1,070,616
+145,166
| +16% | +$6.18M |
|
493
CALL
Berkshire Hathaway Class B
BRK.B
$1.09T
| $49.5M | 0.04% |
193,900
-159,200
| -45% | -$38.7M |
|
494
Palantir
PLTR
$430B
| $49.5M | 0.04% |
2,126,394
+2,004,171
| +1,640% | +$55M |
|
495
Monster Beverage
MNST
$91.4B
| $49.5M | 0.04% |
2,172,944
-1,788,752
| -45% | -$40.1M |
|
496
PUT
Northrop Grumman
NOC
$81.6B
| $49.3M | 0.04% |
152,200
+151,100
| +13,736% | +$45.6M |
|
497
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.57B
| $49.2M | 0.04% |
1,247,600
-1,782,000
| -59% | -$67.2M |
|
|
SPLK
498
CALL
DELISTED
Splunk Inc
SPLK
| $49.1M | 0.04% |
362,300
+223,700
| +161% | +$34.9M |
|
499
NIO
NIO
$11.3B
| $48.8M | 0.03% |
1,251,212
-954,174
| -43% | -$48.6M |
|
500
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $48.8M | 0.03% |
375,000
-2,268,500
| -86% | -$302M |
|
Similar funds
Millennium Management's Q1 2021 Portfolio in Review
As of Q1 2021, Millennium Management held 6,933 positions worth $140B, up 0.91% from $138B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Millennium Management's Q1 2021 filing shows 1,778 new, 1,837 increased, 2,117 reduced and 1,099 closed positions. Its largest new stake was KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant: 9,400,000 shares worth $94.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.19B.
By sector, the portfolio is most concentrated in Technology at 8.9% of assets, down from 11% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Millennium Management's largest Q1 2021 buy was KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant: 9,400,000 shares worth $94.1M.
- Millennium Management added most to Shopify in Q1 2021, an estimated $417M increase.
- Millennium Management's biggest Q1 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.19B.
- Millennium Management fully exited iShares Russell 2000 ETF in Q1 2021, selling an estimated $573M.
- Millennium Management's ten largest holdings make up 21% of its $140B portfolio in Q1 2021.
- Millennium Management opened 1,778 new positions and closed 1,099 in Q1 2021.
- Millennium Management's portfolio value rose 0.91% quarter-over-quarter to $140B.
Based on Millennium Management's 13F filing for Q1 2021, filed 17 May 2021.