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 | |
|---|---|---|---|---|---|---|
51
UnitedHealth
UNH
$382B
| $343M | 0.21% |
876,730
+32,020
| +4% | +$13.3M |
|
52
Alibaba
BABA
$269B
| $338M | 0.2% |
2,279,894
-1,097,868
| -33% | -$200M |
|
53
Uber
UBER
$134B
| $334M | 0.2% |
7,463,350
+3,240,806
| +77% | +$142M |
|
54
CALL
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $331M | 0.2% |
8,806,300
+948,600
| +12% | +$35.5M |
|
55
Mastercard
MA
$477B
| $330M | 0.2% |
950,061
+550,539
| +138% | +$200M |
|
56
Salesforce
CRM
$134B
| $328M | 0.2% |
1,208,103
-177,313
| -13% | -$45M |
|
57
PUT
Workday
WDAY
$33.4B
| $327M | 0.2% |
1,309,900
+104,700
| +9% | +$25.9M |
|
|
58
Apple
AAPL
$4.89T
| $321M | 0.19% |
2,266,180
-4,713,490
| -68% | -$694M |
|
59
Morgan Stanley
MS
$337B
| $320M | 0.19% |
3,288,057
+261,948
| +9% | +$26M |
|
|
60
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $318M | 0.19% |
4,258,662
+3,965,174
| +1,351% | +$306M |
|
61
Meta Platforms (Facebook)
META
$1.51T
| $312M | 0.19% |
918,709
-725,299
| -44% | -$261M |
|
62
PUT
Qualcomm
QCOM
$176B
| $309M | 0.19% |
2,396,900
-532,300
| -18% | -$75.5M |
|
63
PUT
Berkshire Hathaway Class B
BRK.B
$1.07T
| $306M | 0.18% |
1,120,800
+152,200
| +16% | +$42.7M |
|
64
PUT
Walmart Inc
WMT
$871B
| $305M | 0.18% |
6,575,100
+490,500
| +8% | +$23.6M |
|
65
PUT
Bank of America
BAC
$435B
| $305M | 0.18% |
7,191,300
+1,367,700
| +23% | +$55.1M |
|
66
PUT
IBM
IBM
$202B
| $295M | 0.18% |
2,223,901
+684,398
| +44% | +$91.5M |
|
|
67
Ametek
AME
$55.5B
| $289M | 0.17% |
2,330,730
+1,596,903
| +218% | +$215M |
|
68
Willis Towers Watson
WTW
$27.9B
| $288M | 0.17% |
1,238,605
-13,692
| -1% | -$3.05M |
|
|
69
PUT
Morgan Stanley
MS
$337B
| $286M | 0.17% |
2,935,100
-260,100
| -8% | -$25.8M |
|
|
70
Walmart Inc
WMT
$871B
| $282M | 0.17% |
6,069,945
-1,910,532
| -24% | -$92M |
|
|
DOCU
71
PUT
DocuSign
DOCU
$9.63B
| $280M | 0.17% |
1,086,200
-222,200
| -17% | -$64M |
|
72
Labcorp
LH
$24.3B
| $274M | 0.16% |
1,134,262
+251,955
| +29% | +$63.5M |
|
73
PUT
General Motors
GM
$74.7B
| $271M | 0.16% |
5,138,200
+2,024,800
| +65% | +$108M |
|
|
74
Linde
LIN
$237B
| $269M | 0.16% |
918,584
-1,745,511
| -66% | -$531M |
|
75
Alphabet (Google) Class A
GOOGL
$3.91T
| $267M | 0.16% |
1,996,520
+122,520
| +7% | +$16.7M |
|
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.