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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$643M |
| 2 |
AT&T
T
|
+$311M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$306M |
| 4 |
Microsoft
MSFT
|
+$292M |
| 5 |
Ametek
AME
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$887M |
| 2 |
Apple
AAPL
|
+$694M |
| 3 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$616M |
| 4 |
Amazon
AMZN
|
+$596M |
| 5 |
Linde
LIN
|
+$531M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.39% |
| 2 | Financials | 6.67% |
| 3 | Healthcare | 6.18% |
| 4 | Industrials | 4.97% |
| 5 | Consumer Discretionary | 4.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
PUT
Coca-Cola
KO
$380B
| $56.2M | 0.03% |
1,070,200
+447,300
| +72% | +$24.9M |
|
577
JD.com
JD
$42.9B
| $56.1M | 0.03% |
776,825
-818,657
| -51% | -$60.4M |
|
578
PUT
Nokia
NOK
$49.9B
| $56.1M | 0.03% |
10,292,800
-1,200
| -0% | -$6.97K |
|
579
Henry Schein
HSIC
$9.76B
| $55.9M | 0.03% |
733,861
+440,424
| +150% | +$33.9M |
|
580
Lyft
LYFT
$5.87B
| $55.8M | 0.03% |
1,040,732
+351,716
| +51% | +$18.6M |
|
581
Packaging Corp of America
PKG
$22.6B
| $55.7M | 0.03% |
405,027
-879,729
| -68% | -$125M |
|
582
PENN Entertainment
PENN
$2.82B
| $55.5M | 0.03% |
766,255
-879,362
| -53% | -$64.6M |
|
583
Cleveland-Cliffs
CLF
$6.84B
| $55.2M | 0.03% |
2,788,868
-2,718,720
| -49% | -$62M |
|
584
Driven Brands
DRVN
$2.47B
| $55M | 0.03% |
1,903,470
+1,871,293
| +5,816% | +$55.5M |
|
585
PACCAR
PCAR
$72.7B
| $54.7M | 0.03% |
1,038,969
-153,527
| -13% | -$8.52M |
|
586
Ares Management
ARES
$28.8B
| $54.6M | 0.03% |
739,605
-67,276
| -8% | -$4.84M |
|
587
CALL
PepsiCo
PEP
$195B
| $54.6M | 0.03% |
362,900
-28,100
| -7% | -$4.35M |
|
|
HERA
588
DELISTED
FTAC Hera Acquisition Corp. Class A Ordinary Shares
HERA
| $54.4M | 0.03% |
5,588,996
-453,152
| -7% | -$4.42M |
|
589
OR Royalties Inc
OR
$5.52B
| $54.2M | 0.03% |
4,823,572
+1,282,442
| +36% | +$16.1M |
|
|
XYZ
590
CALL
Block Inc
XYZ
$49.5B
| $54.1M | 0.03% |
225,700
+108,600
| +93% | +$27.9M |
|
|
SPLK
591
DELISTED
Splunk Inc
SPLK
| $54M | 0.03% |
373,430
-660,094
| -64% | -$96.1M |
|
592
CALL
United Parcel Service
UPS
$89.7B
| $54M | 0.03% |
296,700
-140,400
| -32% | -$27.7M |
|
|
CHNG
593
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $53.9M | 0.03% |
2,571,914
+106,232
| +4% | +$2.32M |
|
594
PUT
Best Buy
BBY
$18.9B
| $53.5M | 0.03% |
506,000
+205,300
| +68% | +$23.1M |
|
595
Builders FirstSource
BLDR
$7.93B
| $53.3M | 0.03% |
1,029,775
-2,607,474
| -72% | -$127M |
|
596
PUT
Johnson & Johnson
JNJ
$643B
| $53.3M | 0.03% |
329,900
-83,500
| -20% | -$14.2M |
|
|
DFS
597
DELISTED
Discover Financial Services
DFS
| $53.2M | 0.03% |
433,427
+67,764
| +19% | +$8.5M |
|
598
Lamb Weston
LW
$7.51B
| $53.2M | 0.03% |
867,138
-805,485
| -48% | -$54.5M |
|
599
Matador Resources
MTDR
$5.73B
| $52.8M | 0.03% |
1,389,185
+889,780
| +178% | +$27.3M |
|
600
PUT
Atlassian
TEAM
$25.4B
| $52.8M | 0.03% |
135,000
| – | – |
|
Similar funds
Millennium Management's Q3 2021 Portfolio in Review
As of Q3 2021, Millennium Management held 7,698 positions worth $167B, up 2.3% from $163B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management deployed $8.65B of net new capital in Q3 2021, opening 1,244 new positions and adding to 2,720 existing holdings. Its largest new stake was Sight Sciences: 1,577,092 shares worth $35.8M.
By sector, the portfolio is most concentrated in Technology at 7.4% of assets, down from 7.8% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Apple, an estimated $694M trimmed.
- Millennium Management's largest Q3 2021 buy was Sight Sciences: 1,577,092 shares worth $35.8M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2021, an estimated $643M increase.
- Millennium Management's biggest Q3 2021 reduction was Apple, cutting an estimated $694M.
- Millennium Management fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $887M.
- Millennium Management's ten largest holdings make up 18% of its $167B portfolio in Q3 2021.
- Millennium Management opened 1,244 new positions and closed 981 in Q3 2021.
- Millennium Management's portfolio value rose 2.3% quarter-over-quarter to $167B.
Based on Millennium Management's 13F filing for Q3 2021, filed 15 Nov 2021.