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 | |
|---|---|---|---|---|---|---|
|
MIC
1076
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $22.7M | 0.01% |
593,469
-156,561
| -21% | -$5.51M |
|
1077
CALL
United States Oil Fund
USO
$2.07B
| $22.7M | 0.01% |
455,200
| – | – |
|
1078
Affiliated Managers Group
AMG
$9.61B
| $22.7M | 0.01% |
147,116
+120,178
| +446% | +$19.2M |
|
1079
RingCentral
RNG
$4.5B
| $22.7M | 0.01% |
77,964
-154,501
| -66% | -$44.1M |
|
1080
Ironwood Pharmaceuticals
IRWD
$644M
| $22.6M | 0.01% |
1,758,953
+775,496
| +79% | +$8.88M |
|
1081
Howmet Aerospace
HWM
$115B
| $22.5M | 0.01% |
651,650
-688,387
| -51% | -$23M |
|
1082
PUT
Booking.com
BKNG
$145B
| $22.3M | 0.01% |
255,000
-140,000
| -35% | -$13.1M |
|
1083
Sea Limited
SE
$63.9B
| $22.3M | 0.01% |
81,268
-244,623
| -75% | -$62.1M |
|
1084
PUT
Dollar Tree
DLTR
$24.1B
| $22.3M | 0.01% |
224,200
-9,100
| -4% | -$989K |
|
|
EGGF.U
1085
DELISTED
EG Acquisition Corp. Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant
EGGF.U
| $22.3M | 0.01% |
+2,227,500
| New | +$22.2M |
|
1086
First American
FAF
$7.79B
| $22.3M | 0.01% |
356,873
-65,794
| -16% | -$4.18M |
|
|
NXDR
1087
Nextdoor Holdings
NXDR
$870M
| $22.2M | 0.01% |
2,234,938
+35,954
| +2% | +$363K |
|
1088
Nice
NICE
$5.57B
| $22.2M | 0.01% |
89,772
-32,337
| -26% | -$7.45M |
|
1089
Essential Utilities
WTRG
$11.2B
| $22.2M | 0.01% |
485,672
-104,958
| -18% | -$4.92M |
|
1090
Li Auto
LI
$13.1B
| $22.2M | 0.01% |
634,373
+298,998
| +89% | +$7M |
|
1091
Energizer
ENR
$1.44B
| $22.1M | 0.01% |
515,264
-106,351
| -17% | -$4.98M |
|
1092
CALL
Baxter International
BAX
$12.1B
| $22.1M | 0.01% |
275,000
+40,000
| +17% | +$3.35M |
|
|
VAQC
1093
DELISTED
Vector Acquisition Corporation II Class A Ordinary Shares
VAQC
| $22.1M | 0.01% |
2,226,458
+26,458
| +1% | +$263K |
|
|
NEUE
1094
DELISTED
NeueHealth
NEUE
| $22.1M | 0.01% |
+16,073
| New | +$22M |
|
1095
KE Holdings
BEKE
$17.4B
| $22M | 0.01% |
461,612
+36,333
| +9% | +$1.86M |
|
1096
Magnite
MGNI
$2.73B
| $22M | 0.01% |
650,057
+272,357
| +72% | +$9.23M |
|
1097
SM Energy
SM
$7.26B
| $22M | 0.01% |
892,088
+291,063
| +48% | +$5.64M |
|
1098
Campbell Soup
CPB
$6.67B
| $22M | 0.01% |
481,861
+256,689
| +114% | +$12.4M |
|
1099
PUT
Intercontinental Exchange
ICE
$84.1B
| $21.9M | 0.01% |
184,800
| – | – |
|
1100
iShares Core US Aggregate Bond ETF
AGG
$138B
| $21.9M | 0.01% |
190,017
+87,349
| +85% | +$10M |
|
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.