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 | |
|---|---|---|---|---|---|---|
476
Warner Bros
WBD
$64B
| $64.9M | 0.04% |
2,116,851
+475,940
| +29% | +$16.5M |
|
477
PUT
Thermo Fisher Scientific
TMO
$214B
| $64.8M | 0.04% |
128,500
+99,300
| +340% | +$46.9M |
|
478
PayPal
PYPL
$51.5B
| $64.8M | 0.04% |
222,390
-1,065,328
| -83% | -$281M |
|
479
Realty Income
O
$61.4B
| $64.4M | 0.04% |
995,902
+338,388
| +51% | +$22.2M |
|
480
Performance Food Group
PFGC
$18.1B
| $63.8M | 0.04% |
1,315,815
+587,652
| +81% | +$31M |
|
481
MasTec
MTZ
$24.9B
| $63.7M | 0.04% |
600,701
+524,090
| +684% | +$56.9M |
|
482
FIVE9
FIVN
$2.08B
| $63.7M | 0.04% |
347,329
+208,156
| +150% | +$35.9M |
|
|
WBA
483
DELISTED
Walgreens Boots Alliance
WBA
| $63.7M | 0.04% |
1,210,653
+79,096
| +7% | +$4.25M |
|
484
American Tower
AMT
$81.8B
| $63.7M | 0.04% |
235,728
+45,341
| +24% | +$11.6M |
|
485
Sysco
SYY
$40.8B
| $63.7M | 0.04% |
818,880
+752,112
| +1,126% | +$60.7M |
|
486
CALL
Lowe's Companies
LOW
$122B
| $63.5M | 0.04% |
327,200
+201,900
| +161% | +$39.5M |
|
|
CMA
487
DELISTED
Comerica
CMA
| $63.2M | 0.04% |
885,369
+243,117
| +38% | +$18M |
|
488
Corpay
CPAY
$25.2B
| $63M | 0.04% |
246,022
+171,931
| +232% | +$47.6M |
|
489
Vishay Intertechnology
VSH
$5.07B
| $63M | 0.04% |
2,792,867
+641,193
| +30% | +$15.4M |
|
|
MGP
490
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $62.7M | 0.04% |
1,711,284
-1,697,737
| -50% | -$60.4M |
|
|
ALXN
491
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $62.7M | 0.04% |
341,100
+222,400
| +187% | +$38.2M |
|
492
Electronic Arts
EA
$52.4B
| $62.6M | 0.04% |
435,482
+29,857
| +7% | +$4.24M |
|
493
Markel Group
MKL
$25.6B
| $62.5M | 0.04% |
52,683
+14,135
| +37% | +$16.9M |
|
494
CALL
CVS Health
CVS
$139B
| $62.4M | 0.04% |
747,800
+46,400
| +7% | +$3.8M |
|
495
Coinbase
COIN
$44B
| $62.1M | 0.04% |
+245,284
| New | +$63.7M |
|
|
HOLX
496
DELISTED
Hologic
HOLX
| $62.1M | 0.04% |
930,468
+919,164
| +8,131% | +$61.4M |
|
|
TWNK
497
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $62.1M | 0.04% |
3,833,495
-1,219,273
| -24% | -$19M |
|
498
Delta Air Lines
DAL
$58.5B
| $61.7M | 0.04% |
1,425,475
+80,520
| +6% | +$3.73M |
|
499
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$98.2B
| $61.6M | 0.04% |
408,400
-167,700
| -29% | -$25M |
|
500
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.5B
| $61.5M | 0.04% |
458,086
-93,343
| -17% | -$12.3M |
|
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.