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 | |
|---|---|---|---|---|---|---|
776
Virtus Investment Partners
VRTS
$1.12B
| $35.6M | 0.02% |
128,283
-37,275
| -23% | -$10.1M |
|
777
Equitable Holdings
EQH
$13.3B
| $35.6M | 0.02% |
1,169,351
+796,361
| +214% | +$26M |
|
778
Oneok
OKE
$56.4B
| $35.5M | 0.02% |
638,445
+526,872
| +472% | +$28.1M |
|
|
NSTG
779
DELISTED
NanoString Technologies, Inc.
NSTG
| $35.4M | 0.02% |
546,759
+289,545
| +113% | +$18.4M |
|
780
East-West Bancorp
EWBC
$17.8B
| $35.3M | 0.02% |
493,088
+64,028
| +15% | +$4.76M |
|
|
SC
781
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $35.2M | 0.02% |
969,812
+429,842
| +80% | +$14.9M |
|
782
Molina Healthcare
MOH
$10.4B
| $35.2M | 0.02% |
139,088
+85,749
| +161% | +$21.5M |
|
783
Southwest Gas
SWX
$6.66B
| $35.2M | 0.02% |
531,568
+278,521
| +110% | +$19M |
|
784
CALL
CME Group
CME
$92.3B
| $35.1M | 0.02% |
165,000
+45,000
| +38% | +$9.5M |
|
785
PUT
First Solar
FSLR
$22.1B
| $35.1M | 0.02% |
387,500
+225,700
| +139% | +$17.9M |
|
786
Fortune Brands Innovations
FBIN
$6.14B
| $34.7M | 0.02% |
408,006
+203,985
| +100% | +$17.8M |
|
|
ACC
787
DELISTED
American Campus Communities, Inc.
ACC
| $34.7M | 0.02% |
743,263
+669,615
| +909% | +$31M |
|
|
FOE
788
DELISTED
Ferro Corporation
FOE
| $34.7M | 0.02% |
1,608,143
+1,293,827
| +412% | +$25.4M |
|
789
PUT
Atlassian
TEAM
$24.3B
| $34.7M | 0.02% |
135,000
+35,000
| +35% | +$8.19M |
|
|
TWTR
790
CALL
DELISTED
Twitter, Inc.
TWTR
| $34.7M | 0.02% |
503,900
+461,600
| +1,091% | +$28.3M |
|
791
PUT
Best Buy
BBY
$18.6B
| $34.6M | 0.02% |
300,700
-17,500
| -5% | -$2.04M |
|
792
Under Armour
UAA
$3.02B
| $34.5M | 0.02% |
1,631,197
-42,709
| -3% | -$952K |
|
|
COUP
793
DELISTED
Coupa Software Incorporated
COUP
| $34.5M | 0.02% |
131,567
-44,434
| -25% | -$11M |
|
794
GSK
GSK
$104B
| $34.3M | 0.02% |
689,703
+342,880
| +99% | +$16.5M |
|
795
Harley-Davidson
HOG
$2.61B
| $34.3M | 0.02% |
747,491
-245,198
| -25% | -$11.4M |
|
796
Teladoc Health
TDOC
$1.61B
| $34.1M | 0.02% |
205,164
+27,650
| +16% | +$4.48M |
|
|
HZAC
797
DELISTED
Horizon Acquisition Corporation
HZAC
| $34M | 0.02% |
3,417,549
+46,859
| +1% | +$468K |
|
798
Humana
HUM
$45.8B
| $33.9M | 0.02% |
76,588
-356,429
| -82% | -$156M |
|
799
PUT
Southwest Airlines
LUV
$22.2B
| $33.8M | 0.02% |
637,500
+457,500
| +254% | +$27.4M |
|
|
DOCU
800
CALL
DocuSign
DOCU
$10.1B
| $33.8M | 0.02% |
121,000
+96,400
| +392% | +$21.6M |
|
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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.