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 |
iShares MSCI Emerging Markets ETF
EEM
|
+$554M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$435M |
| 3 |
CERN
Cerner Corp
CERN
|
+$282M |
| 4 |
Norfolk Southern
NSC
|
+$238M |
| 5 |
ExxonMobil
XOM
|
+$237M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.35B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.32B |
| 3 |
Apple
AAPL
|
+$966M |
| 4 |
NVIDIA
NVDA
|
+$768M |
| 5 |
AT&T
T
|
+$594M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.16% |
| 2 | Financials | 6.59% |
| 3 | Healthcare | 6.12% |
| 4 | Industrials | 4.26% |
| 5 | Consumer Discretionary | 3.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
Encompass Health
EHC
$11.3B
| $41.3M | 0.02% |
729,555
+53,692
| +8% | +$2.8M |
|
802
Tyler Technologies
TYL
$13.7B
| $41.2M | 0.02% |
92,714
+84,034
| +968% | +$37.8M |
|
803
CDW
CDW
$18.9B
| $41.2M | 0.02% |
230,382
-110,893
| -32% | -$20.3M |
|
804
StoneCo
STNE
$2.67B
| $41.2M | 0.02% |
3,521,269
+3,260,123
| +1,248% | +$42.6M |
|
805
CALL
GameStop
GME
$9.8B
| $41.2M | 0.02% |
+989,200
| New | +$29.2M |
|
|
FLG
806
Flagstar Bank National Association
FLG
$5.87B
| $41.2M | 0.02% |
1,280,934
+824,450
| +181% | +$29M |
|
807
State Street SPDR Dow Jones REIT ETF
RWR
$1.9B
| $41.1M | 0.02% |
+350,393
| New | +$39.9M |
|
808
RH
RH
$3.33B
| $41M | 0.02% |
125,877
+47,695
| +61% | +$19.1M |
|
809
Cleveland-Cliffs
CLF
$6.49B
| $41M | 0.02% |
1,273,529
-1,072,339
| -46% | -$24.4M |
|
|
VMW
810
DELISTED
VMware, Inc
VMW
| $41M | 0.02% |
360,206
+44,658
| +14% | +$5.41M |
|
811
CoStar Group
CSGP
$12.2B
| $41M | 0.02% |
615,591
-456,079
| -43% | -$30.3M |
|
|
BNY
812
Bank of New York Mellon
BNY
$103B
| $41M | 0.02% |
826,048
-842,368
| -50% | -$47.9M |
|
813
Brookfield Renewable
BEPC
$5.86B
| $41M | 0.02% |
935,108
-481,890
| -34% | -$17.8M |
|
814
Levi Strauss
LEVI
$9.49B
| $40.9M | 0.02% |
2,068,908
+913,634
| +79% | +$19.7M |
|
815
Wipro
WIT
$19.5B
| $40.9M | 0.02% |
10,601,506
+9,944,270
| +1,513% | +$39.2M |
|
|
TEN
816
PUT
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $40.8M | 0.02% |
+2,226,300
| New | +$31.9M |
|
817
A.O. Smith
AOS
$8.55B
| $40.7M | 0.02% |
636,712
+629,506
| +8,736% | +$45.8M |
|
818
Incyte
INCY
$25.8B
| $40.6M | 0.02% |
511,347
-1,274,338
| -71% | -$92.7M |
|
819
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.72B
| $40.6M | 0.02% |
840,088
+320,288
| +62% | +$15M |
|
820
State Street Health Care Select Sector SPDR ETF
XLV
$42.9B
| $40.5M | 0.02% |
295,875
+138,659
| +88% | +$18.4M |
|
821
ACI Worldwide
ACIW
$6.12B
| $40.5M | 0.02% |
1,286,640
+803,023
| +166% | +$26.8M |
|
822
Antero Resources
AR
$10.9B
| $40.4M | 0.02% |
1,323,213
+1,069,690
| +422% | +$24M |
|
823
PUT
iShares Russell 2000 Value ETF
IWN
$14.3B
| $40.4M | 0.02% |
250,000
| – | – |
|
824
Henry Schein
HSIC
$9.78B
| $40.2M | 0.02% |
461,212
+81,105
| +21% | +$6.61M |
|
|
KAHC
825
DELISTED
KKR Acquisition Holdings I Corp.
KAHC
| $40.2M | 0.02% |
4,087,605
+736,127
| +22% | +$7.18M |
|
Similar funds
Millennium Management's Q1 2022 Portfolio in Review
As of Q1 2022, Millennium Management held 8,193 positions worth $189B, down 4.1% from $197B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Millennium Management's Q1 2022 filing shows 1,492 new, 2,451 increased, 2,453 reduced and 1,365 closed positions. Its largest new stake was Mondelez International: 1,780,636 shares worth $112M. The largest sale was iShares Core S&P 500 ETF, an estimated $1.35B.
By sector, the portfolio is most concentrated in Technology at 7.2% of assets, down from 7.9% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q1 2022 buy was Mondelez International: 1,780,636 shares worth $112M.
- Millennium Management added most to iShares MSCI Emerging Markets ETF in Q1 2022, an estimated $554M increase.
- Millennium Management's biggest Q1 2022 reduction was iShares Core S&P 500 ETF, cutting an estimated $1.35B.
- Millennium Management fully exited IHS Markit Ltd. Common Shares in Q1 2022, selling an estimated $532M.
- Millennium Management's ten largest holdings make up 24% of its $189B portfolio in Q1 2022.
- Millennium Management opened 1,492 new positions and closed 1,365 in Q1 2022.
- Millennium Management's portfolio value fell 4.1% quarter-over-quarter to $189B.
Based on Millennium Management's 13F filing for Q1 2022, filed 16 May 2022.