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 | |
|---|---|---|---|---|---|---|
1051
Equinor
EQNR
$91.4B
| $23.4M | 0.01% |
+1,105,463
| New | +$23.3M |
|
1052
Ternium
TX
$9.37B
| $23.4M | 0.01% |
608,750
+129,270
| +27% | +$4.93M |
|
1053
Exelon
EXC
$48.2B
| $23.4M | 0.01% |
740,029
-1,372,444
| -65% | -$44.2M |
|
1054
Cognyte Software
CGNT
$642M
| $23.4M | 0.01% |
+953,701
| New | +$23.6M |
|
1055
Pacific Biosciences
PACB
$422M
| $23.3M | 0.01% |
667,005
+324,372
| +95% | +$9.43M |
|
1056
Flowserve
FLS
$9.29B
| $23.3M | 0.01% |
577,914
+496,722
| +612% | +$20.5M |
|
|
GOOS
1057
Canada Goose Holdings
GOOS
$891M
| $23.3M | 0.01% |
532,600
+208,271
| +64% | +$8.49M |
|
1058
Magnolia Oil & Gas
MGY
$5.69B
| $23.2M | 0.01% |
1,487,353
+927,512
| +166% | +$11.9M |
|
1059
Magnachip Semiconductor
MX
$126M
| $23.2M | 0.01% |
971,870
+706,503
| +266% | +$17.3M |
|
1060
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.47B
| $23.2M | 0.01% |
353,400
+192,800
| +120% | +$13.2M |
|
1061
Trimble
TRMB
$13B
| $23.2M | 0.01% |
282,919
+219,560
| +347% | +$17.5M |
|
|
CVAC
1062
PUT
DELISTED
CureVac
CVAC
| $23.1M | 0.01% |
315,000
+290,000
| +1,160% | +$29M |
|
1063
GrafTech
EAF
$203M
| $23.1M | 0.01% |
198,988
+75,959
| +62% | +$9.53M |
|
1064
PUT
ON Semiconductor
ON
$34.7B
| $23.1M | 0.01% |
604,000
-790,000
| -57% | -$31M |
|
1065
Tronox
TROX
$973M
| $23.1M | 0.01% |
1,031,239
-729,146
| -41% | -$16M |
|
1066
Royal Bank of Canada
RY
$291B
| $23.1M | 0.01% |
227,532
-180,732
| -44% | -$17.9M |
|
1067
CALL
MetLife
MET
$61.2B
| $23M | 0.01% |
385,100
-7,000
| -2% | -$444K |
|
1068
PUT
United Rentals
URI
$70.2B
| $23M | 0.01% |
72,200
+40,600
| +128% | +$13.1M |
|
1069
Agree Realty
ADC
$9.66B
| $23M | 0.01% |
326,652
-303,606
| -48% | -$21.3M |
|
1070
CALL
Edwards Lifesciences
EW
$47.8B
| $22.9M | 0.01% |
221,500
+170,000
| +330% | +$16M |
|
1071
Diamondback Energy
FANG
$55.1B
| $22.9M | 0.01% |
244,254
+201,066
| +466% | +$16.6M |
|
|
SNV
1072
DELISTED
Synovus
SNV
| $22.9M | 0.01% |
522,555
+198,194
| +61% | +$9.31M |
|
1073
State Street SPDR Dow Jones REIT ETF
RWR
$1.91B
| $22.9M | 0.01% |
217,961
+168,711
| +343% | +$17.3M |
|
1074
CALL
Freeport-McMoran
FCX
$90.2B
| $22.8M | 0.01% |
615,100
+584,000
| +1,878% | +$22.8M |
|
1075
Etsy
ETSY
$7.96B
| $22.8M | 0.01% |
110,624
-333,916
| -75% | -$61.8M |
|
Similar funds
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.