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 | |
|---|---|---|---|---|---|---|
701
Chipotle Mexican Grill
CMG
$42.6B
| $40.6M | 0.02% |
1,307,850
-1,700,450
| -57% | -$48.5M |
|
|
ROIC
702
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $40.5M | 0.02% |
2,292,100
+1,893,013
| +474% | +$33.3M |
|
703
Equifax
EFX
$20.8B
| $40.4M | 0.02% |
168,583
+160,646
| +2,024% | +$35.9M |
|
|
PRPB
704
DELISTED
CC Neuberger Principal Holdings II Class A Ordinary Shares
PRPB
| $40.3M | 0.02% |
4,074,468
-11,367
| -0.3% | -$113K |
|
705
Incyte
INCY
$23.7B
| $40.3M | 0.02% |
478,666
-154,239
| -24% | -$12.9M |
|
706
Royal Gold
RGLD
$17.1B
| $40.2M | 0.02% |
352,661
+148,917
| +73% | +$17.6M |
|
707
PUT
Kraft Heinz
KHC
$31.1B
| $40.2M | 0.02% |
986,300
+535,400
| +119% | +$22.5M |
|
708
PUT
AMC Entertainment Holdings
AMC
$2.24B
| $40.2M | 0.02% |
+70,950
| New | +$18.8M |
|
709
Boston Scientific
BSX
$67.6B
| $40.1M | 0.02% |
937,711
+321,756
| +52% | +$13.5M |
|
710
Intuit
INTU
$83.1B
| $40.1M | 0.02% |
81,766
-140,204
| -63% | -$60.8M |
|
711
Dropbox
DBX
$7.13B
| $40M | 0.02% |
1,318,573
+112,160
| +9% | +$3.06M |
|
712
PUT
Moderna
MRNA
$22.1B
| $39.9M | 0.02% |
170,000
+105,000
| +162% | +$18.8M |
|
713
Aramark
ARMK
$15.2B
| $39.9M | 0.02% |
1,484,670
-271,661
| -15% | -$7.46M |
|
714
Factset
FDS
$9.46B
| $39.7M | 0.02% |
118,358
+21,483
| +22% | +$7.03M |
|
715
Globant
GLOB
$1.41B
| $39.6M | 0.02% |
180,873
+140,120
| +344% | +$30.8M |
|
716
CACI
CACI
$11B
| $39.6M | 0.02% |
155,123
-9,363
| -6% | -$2.42M |
|
717
Planet Fitness
PLNT
$4.29B
| $39.6M | 0.02% |
525,687
+289,147
| +122% | +$23M |
|
718
MarketAxess Holdings
MKTX
$4.19B
| $39.6M | 0.02% |
85,326
+19,559
| +30% | +$9.31M |
|
|
INFO
719
PUT
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $39.4M | 0.02% |
+350,000
| New | +$37.1M |
|
720
PUT
Valero Energy
VLO
$90.5B
| $39.3M | 0.02% |
503,800
+316,100
| +168% | +$24.5M |
|
721
PUT
TSMC
TSM
$2.07T
| $39.3M | 0.02% |
327,000
+177,000
| +118% | +$20.7M |
|
|
CRHC
722
DELISTED
Cohn Robbins Holdings Corp.
CRHC
| $39.1M | 0.02% |
3,971,539
+51,511
| +1% | +$510K |
|
723
Zimmer Biomet
ZBH
$17.8B
| $39.1M | 0.02% |
250,458
-1,095,505
| -81% | -$177M |
|
724
Citi Trends
CTRN
$543M
| $38.9M | 0.02% |
447,584
+11,739
| +3% | +$1.08M |
|
725
ON Semiconductor
ON
$34.7B
| $38.9M | 0.02% |
1,015,108
+3,338
| +0.3% | +$131K |
|
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.