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 | |
|---|---|---|---|---|---|---|
1126
CALL
Etsy
ETSY
$7.89B
| $25.8M | 0.01% |
207,800
+68,300
| +49% | +$10.2M |
|
1127
PUT
Canadian Imperial Bank of Commerce
CM
$108B
| $25.8M | 0.01% |
340,000
| – | – |
|
1128
State Street Communication Services Select Sector SPDR ETF
XLC
$21.9B
| $25.8M | 0.01% |
374,438
+370,231
| +8,800% | +$26.1M |
|
1129
Seagate
STX
$193B
| $25.7M | 0.01% |
285,483
+173,963
| +156% | +$17.8M |
|
1130
CALL
United Airlines
UAL
$40.1B
| $25.6M | 0.01% |
551,800
+252,600
| +84% | +$11M |
|
1131
Fluor
FLR
$6.99B
| $25.6M | 0.01% |
891,603
+131,806
| +17% | +$3.18M |
|
1132
PUT
TriNet
TNET
$3.29B
| $25.6M | 0.01% |
+260,000
| New | +$23M |
|
1133
NMI Holdings
NMIH
$3.3B
| $25.6M | 0.01% |
1,239,670
+959,788
| +343% | +$22.4M |
|
1134
PUT
Take-Two Interactive
TTWO
$46.3B
| $25.5M | 0.01% |
166,100
-64,600
| -28% | -$10.3M |
|
1135
HUB Group
HUBG
$2.78B
| $25.5M | 0.01% |
661,038
+236,176
| +56% | +$9.44M |
|
1136
CALL
FedEx
FDX
$73B
| $25.4M | 0.01% |
109,700
-200
| -0.2% | -$47K |
|
|
CTXS
1137
PUT
DELISTED
Citrix Systems Inc
CTXS
| $25.3M | 0.01% |
+250,800
| New | +$25.3M |
|
1138
BJs Wholesale Club
BJ
$12.6B
| $25.3M | 0.01% |
374,148
+60,460
| +19% | +$3.8M |
|
1139
Allegion
ALLE
$13.4B
| $25.3M | 0.01% |
230,263
-255,622
| -53% | -$30.3M |
|
1140
Edwards Lifesciences
EW
$50B
| $25.3M | 0.01% |
214,597
+58,429
| +37% | +$6.55M |
|
|
PENG
1141
Penguin Solutions Inc
PENG
$2.64B
| $25.2M | 0.01% |
976,827
+152,977
| +19% | +$4.32M |
|
1142
Viper Energy
VNOM
$8.48B
| $25.2M | 0.01% |
851,993
+829,400
| +3,671% | +$22.9M |
|
|
PSTH
1143
DELISTED
Pershing Square Tontine Holdings, Ltd.
PSTH
| $25.1M | 0.01% |
1,263,776
+167,105
| +15% | +$3.31M |
|
1144
IMAX
IMAX
$2.61B
| $25.1M | 0.01% |
1,327,740
+950,469
| +252% | +$17.8M |
|
1145
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $25.1M | 0.01% |
245,107
+68,809
| +39% | +$7.17M |
|
|
AL
1146
DELISTED
Air Lease Corp
AL
| $25.1M | 0.01% |
562,421
+492,494
| +704% | +$20.6M |
|
1147
State Street Materials Select Sector SPDR ETF
XLB
$8.71B
| $25.1M | 0.01% |
568,746
-238,818
| -30% | -$10.2M |
|
1148
Genco Shipping & Trading
GNK
$1.13B
| $25M | 0.01% |
1,060,134
-121,426
| -10% | -$2.25M |
|
1149
Pegasystems
PEGA
$4.94B
| $25M | 0.01% |
+620,550
| New | +$27.8M |
|
1150
CALL
Kraft Heinz
KHC
$31.3B
| $25M | 0.01% |
634,500
-270,400
| -30% | -$10.1M |
|
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.