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 | |
|---|---|---|---|---|---|---|
|
CFLT
1051
DELISTED
Confluent
CFLT
| $28.5M | 0.02% |
695,305
+409,585
| +143% | +$21.3M |
|
1052
Digital Realty Trust
DLR
$69.6B
| $28.4M | 0.02% |
200,559
+138,543
| +223% | +$20M |
|
1053
Vontier
VNT
$4.54B
| $28.4M | 0.02% |
1,119,823
-427,391
| -28% | -$11.3M |
|
1054
Oneok
OKE
$56.7B
| $28.4M | 0.02% |
402,530
+267,736
| +199% | +$17.1M |
|
1055
PUT
Vertex Pharmaceuticals
VRTX
$123B
| $28.4M | 0.02% |
108,900
+45,500
| +72% | +$10.8M |
|
1056
Welltower
WELL
$174B
| $28.4M | 0.02% |
295,539
-26,597
| -8% | -$2.31M |
|
1057
SBA Communications
SBAC
$19.8B
| $28.4M | 0.02% |
82,417
-1,607
| -2% | -$521K |
|
|
SAFE
1058
DELISTED
Safehold Inc.
SAFE
| $28.3M | 0.02% |
510,915
+342,353
| +203% | +$21.2M |
|
1059
PTC
PTC
$15.3B
| $28.3M | 0.02% |
262,803
+238,001
| +960% | +$26.8M |
|
|
AVID
1060
DELISTED
Avid Technology Inc
AVID
| $28.2M | 0.02% |
809,580
+255,239
| +46% | +$7.92M |
|
1061
PUT
Skyworks Solutions
SWKS
$9.21B
| $28.2M | 0.02% |
211,600
-74,900
| -26% | -$10.5M |
|
1062
Federal Realty Investment Trust
FRT
$10.9B
| $28.1M | 0.01% |
+230,353
| New | +$28.4M |
|
1063
Enphase Energy
ENPH
$4.63B
| $28.1M | 0.01% |
139,064
-82,532
| -37% | -$13M |
|
1064
Medpace
MEDP
$16.3B
| $28.1M | 0.01% |
171,521
+121,787
| +245% | +$20.1M |
|
1065
Korn Ferry
KFY
$4.31B
| $27.9M | 0.01% |
430,229
+337,827
| +366% | +$22.7M |
|
1066
PUT
Expedia Group
EXPE
$36.5B
| $27.9M | 0.01% |
142,700
-9,400
| -6% | -$1.76M |
|
1067
PUT
Okta
OKTA
$23.8B
| $27.9M | 0.01% |
184,600
-193,600
| -51% | -$34.7M |
|
1068
Genpact
G
$6.22B
| $27.8M | 0.01% |
639,703
+614,631
| +2,451% | +$28.5M |
|
|
LGF.B
1069
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $27.8M | 0.01% |
1,851,018
+337,584
| +22% | +$4.89M |
|
|
PPL
1070
PPL Corp
PPL
$26.9B
| $27.7M | 0.01% |
971,073
-420,130
| -30% | -$11.9M |
|
1071
Novartis
NVS
$302B
| $27.6M | 0.01% |
314,324
-528,345
| -63% | -$45.7M |
|
1072
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $27.6M | 0.01% |
208,800
-50,000
| -19% | -$6.9M |
|
1073
NetApp
NTAP
$34B
| $27.5M | 0.01% |
331,100
-346,982
| -51% | -$30.2M |
|
1074
PUT
Palantir
PLTR
$295B
| $27.5M | 0.01% |
2,000,000
| – | – |
|
|
CUTR
1075
DELISTED
Cutera, Inc.
CUTR
| $27.4M | 0.01% |
397,336
-311,630
| -44% | -$12.6M |
|
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.