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 | |
|---|---|---|---|---|---|---|
|
REGI
876
DELISTED
Renewable Energy Group, Inc.
REGI
| $36.9M | 0.02% |
609,104
+444,646
| +270% | +$21.5M |
|
877
PUT
Seagate
STX
$174B
| $36.9M | 0.02% |
410,800
-55,400
| -12% | -$5.67M |
|
878
Monolithic Power Systems
MPWR
$61.4B
| $36.9M | 0.02% |
75,936
+15,473
| +26% | +$6.74M |
|
879
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $36.8M | 0.02% |
535,300
-1,981,300
| -79% | -$140M |
|
880
Dr. Reddy's Laboratories
RDY
$9.8B
| $36.8M | 0.02% |
3,301,970
+2,023,195
| +158% | +$22.9M |
|
881
CALL
Boston Scientific
BSX
$68.4B
| $36.8M | 0.02% |
830,000
+635,100
| +326% | +$27.5M |
|
882
HCA Healthcare
HCA
$88.4B
| $36.7M | 0.02% |
146,574
+1,490
| +1% | +$374K |
|
883
PUT
Martin Marietta Materials
MLM
$34.2B
| $36.7M | 0.02% |
95,400
-700
| -0.7% | -$271K |
|
884
PUT
Airbnb
ABNB
$90.8B
| $36.6M | 0.02% |
213,300
| – | – |
|
885
Essex Property Trust
ESS
$19.1B
| $36.6M | 0.02% |
105,961
-103,031
| -49% | -$34.4M |
|
886
Werner Enterprises
WERN
$2.2B
| $36.4M | 0.02% |
888,639
+869,228
| +4,478% | +$38.3M |
|
887
Intellia Therapeutics
NTLA
$1.51B
| $36.4M | 0.02% |
500,266
+489,645
| +4,610% | +$41.5M |
|
888
Cullen/Frost Bankers
CFR
$10.5B
| $36.3M | 0.02% |
262,519
+243,526
| +1,282% | +$33.9M |
|
889
Snowflake
SNOW
$98.1B
| $36.3M | 0.02% |
158,529
+757
| +0.5% | +$196K |
|
890
Wingstop
WING
$3.8B
| $36.2M | 0.02% |
308,818
+217,855
| +239% | +$30.9M |
|
891
PUT
VanEck Gold Miners ETF
GDX
$22.5B
| $36.2M | 0.02% |
942,700
+110,100
| +13% | +$3.74M |
|
892
Essent Group
ESNT
$6.28B
| $36.1M | 0.02% |
877,001
+640,959
| +272% | +$28.5M |
|
|
NEWR
893
DELISTED
New Relic, Inc.
NEWR
| $36M | 0.02% |
538,391
+69,567
| +15% | +$5.69M |
|
894
Palo Alto Networks
PANW
$256B
| $36M | 0.02% |
346,680
-770,016
| -69% | -$68.9M |
|
895
PUT
DexCom
DXCM
$29B
| $35.8M | 0.02% |
280,000
+94,000
| +51% | +$10.3M |
|
896
MGM Resorts International
MGM
$11.7B
| $35.7M | 0.02% |
850,619
-30,756
| -3% | -$1.32M |
|
|
JOBS
897
DELISTED
51job Inc
JOBS
| $35.6M | 0.02% |
608,439
+353,303
| +138% | +$18.1M |
|
898
Virgin Galactic
SPCE
$315M
| $35.6M | 0.02% |
180,144
+98,596
| +121% | +$18.4M |
|
899
Nice
NICE
$6.15B
| $35.3M | 0.02% |
161,245
+122,999
| +322% | +$29.8M |
|
900
Quest Diagnostics
DGX
$26B
| $35.3M | 0.02% |
257,914
+195,259
| +312% | +$27.2M |
|
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.