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 | |
|---|---|---|---|---|---|---|
1001
La-Z-Boy
LZB
$1.62B
| $25.1M | 0.02% |
676,436
+288,640
| +74% | +$12.1M |
|
1002
Pinnacle Financial Partners Inc
PNFP
$15.6B
| $25M | 0.02% |
282,978
+184,768
| +188% | +$16.5M |
|
|
1003
CALL
Boeing
BA
$167B
| $24.9M | 0.02% |
104,100
-70,000
| -40% | -$16.9M |
|
|
PDCO
1004
DELISTED
Patterson Companies, Inc.
PDCO
| $24.9M | 0.02% |
820,028
+230,782
| +39% | +$7.77M |
|
|
BOAC
1005
DELISTED
Bluescape Opportunities Acquisition Corp.
BOAC
| $24.9M | 0.02% |
2,539,773
+186,111
| +8% | +$1.84M |
|
1006
NewMarket
NEU
$7.13B
| $24.9M | 0.02% |
77,355
+33,148
| +75% | +$11.6M |
|
1007
NetApp
NTAP
$33.3B
| $24.9M | 0.02% |
304,116
+257,542
| +553% | +$20.1M |
|
1008
Bank OZK
OZK
$5.5B
| $24.9M | 0.02% |
589,632
+308,434
| +110% | +$12.9M |
|
1009
CALL
Advanced Micro Devices
AMD
$807B
| $24.8M | 0.02% |
264,000
-44,200
| -14% | -$3.57M |
|
|
UNVR
1010
DELISTED
Univar Solutions Inc.
UNVR
| $24.8M | 0.02% |
1,015,539
+617,954
| +155% | +$15.5M |
|
1011
Teck Resources
TECK
$29.3B
| $24.7M | 0.02% |
1,074,149
+808,971
| +305% | +$18.4M |
|
|
VERV
1012
DELISTED
Verve Therapeutics
VERV
| $24.7M | 0.02% |
+409,994
| New | +$17M |
|
1013
iShares 20+ Year Treasury Bond ETF
TLT
$42.8B
| $24.7M | 0.02% |
171,029
+117,166
| +218% | +$16.3M |
|
|
HPP
1014
Hudson Pacific Properties
HPP
$794M
| $24.7M | 0.02% |
+126,704
| New | +$25M |
|
1015
Lamar Advertising Co
LAMR
$16.3B
| $24.7M | 0.02% |
236,198
+5,925
| +3% | +$603K |
|
|
TGNA
1016
DELISTED
TEGNA Inc
TGNA
| $24.6M | 0.02% |
1,313,481
+1,178,391
| +872% | +$23.1M |
|
1017
CALL
Medtronic
MDT
$108B
| $24.6M | 0.02% |
198,500
+73,500
| +59% | +$9.23M |
|
1018
Terex
TEX
$7.89B
| $24.6M | 0.02% |
516,466
+13,294
| +3% | +$646K |
|
1019
Vale
VALE
$62.9B
| $24.6M | 0.02% |
1,078,231
-90,284
| -8% | -$1.89M |
|
1020
U-Haul Holding Co
UHAL
$14.3B
| $24.5M | 0.02% |
416,020
+400,000
| +2,497% | +$23.4M |
|
|
FMAC
1021
DELISTED
FirstMark Horizon Acquisition Corp.
FMAC
| $24.4M | 0.02% |
2,460,659
+432,091
| +21% | +$4.3M |
|
|
DEN
1022
DELISTED
Denbury Inc.
DEN
| $24.4M | 0.02% |
318,209
-1,034,587
| -76% | -$63M |
|
1023
CALL
GE Aerospace
GE
$375B
| $24.4M | 0.02% |
363,614
-281,212
| -44% | -$18.8M |
|
1024
PUT
Align Technology
ALGN
$12B
| $24.4M | 0.02% |
39,900
+15,400
| +63% | +$9.11M |
|
|
PPD
1025
PUT
DELISTED
PPD, Inc. Common Stock
PPD
| $24.3M | 0.01% |
528,200
+508,200
| +2,541% | +$23M |
|
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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.