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 Core S&P 500 ETF
IVV
|
+$1.38B |
| 2 |
Apple
AAPL
|
+$971M |
| 3 |
Tesla
TSLA
|
+$937M |
| 4 |
NVIDIA
NVDA
|
+$773M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$742M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$291M |
| 2 |
Willis Towers Watson
WTW
|
+$256M |
| 3 |
KSU
Kansas City Southern
KSU
|
+$227M |
| 4 |
Salesforce
CRM
|
+$225M |
| 5 |
Advanced Micro Devices
AMD
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.9% |
| 2 | Financials | 6.62% |
| 3 | Healthcare | 6.1% |
| 4 | Consumer Discretionary | 4.86% |
| 5 | Industrials | 4.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Red Rock Resorts
RRR
$3.84B
| $27.6M | 0.01% |
501,098
+481,993
| +2,523% | +$25.1M |
|
1152
Kite Realty
KRG
$5.86B
| $27.5M | 0.01% |
1,264,853
+578,862
| +84% | +$12.4M |
|
1153
Teck Resources
TECK
$28.2B
| $27.5M | 0.01% |
955,070
-163,408
| -15% | -$4.48M |
|
|
XENT
1154
DELISTED
Intersect ENT, Inc
XENT
| $27.5M | 0.01% |
1,006,619
-569,067
| -36% | -$15.4M |
|
1155
PUT
Expedia Group
EXPE
$36.5B
| $27.5M | 0.01% |
152,100
+40,000
| +36% | +$6.8M |
|
|
HHR
1156
DELISTED
HeadHunter Group PLC American Depositary Shares
HHR
| $27.5M | 0.01% |
537,742
+191,373
| +55% | +$10.4M |
|
1157
Fiverr
FVRR
$331M
| $27.5M | 0.01% |
241,563
-27,596
| -10% | -$4.31M |
|
1158
MarineMax
HZO
$748M
| $27.4M | 0.01% |
464,444
+169,288
| +57% | +$9.06M |
|
1159
PUT
Air Products & Chemicals
APD
$65.5B
| $27.3M | 0.01% |
89,700
+35,000
| +64% | +$10.3M |
|
1160
AptarGroup
ATR
$8.69B
| $27.3M | 0.01% |
222,727
+178,658
| +405% | +$22.2M |
|
|
UHG
1161
DELISTED
United Homes Group
UHG
| $27.3M | 0.01% |
2,799,999
+164,000
| +6% | +$1.6M |
|
1162
Bio-Techne
TECH
$11.2B
| $27.2M | 0.01% |
210,516
-171,844
| -45% | -$21.1M |
|
1163
Advance Auto Parts
AAP
$3.53B
| $27.2M | 0.01% |
113,316
-413,867
| -79% | -$94.5M |
|
1164
Becton Dickinson
BDX
$46.4B
| $27.2M | 0.01% |
110,757
-36,560
| -25% | -$8.76M |
|
1165
O-I Glass
OI
$1.18B
| $27.1M | 0.01% |
2,256,434
+1,427,449
| +172% | +$18.1M |
|
1166
American International
AIG
$42.5B
| $27.1M | 0.01% |
476,871
-348,305
| -42% | -$19.8M |
|
|
PVG
1167
DELISTED
PRETIUM RESOURCES INC.
PVG
| $27.1M | 0.01% |
+1,922,135
| New | +$24.4M |
|
1168
Euronet Worldwide
EEFT
$3.19B
| $27.1M | 0.01% |
227,272
+118,882
| +110% | +$14.1M |
|
1169
CALL
Delta Air Lines
DAL
$56.7B
| $27M | 0.01% |
691,100
+45,500
| +7% | +$1.82M |
|
1170
CALL
iShares China Large-Cap ETF
FXI
$4.32B
| $27M | 0.01% |
738,300
-2,617,900
| -78% | -$103M |
|
1171
Varonis Systems
VRNS
$4.67B
| $27M | 0.01% |
553,427
+409,279
| +284% | +$23.3M |
|
|
VSTO
1172
DELISTED
Vista Outdoor Inc.
VSTO
| $27M | 0.01% |
585,113
+320,310
| +121% | +$13.7M |
|
1173
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.72B
| $26.9M | 0.01% |
519,800
+278,928
| +116% | +$13.4M |
|
|
NVO
1174
Novo Nordisk
NVO
$228B
| $26.9M | 0.01% |
480,046
-1,098,738
| -70% | -$59.5M |
|
1175
argenx
ARGX
$55.2B
| $26.9M | 0.01% |
76,712
+60,506
| +373% | +$18.4M |
|
Similar funds
Millennium Management's Q4 2021 Portfolio in Review
As of Q4 2021, Millennium Management held 7,926 positions worth $197B, up 18% from $167B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Millennium Management deployed $20.8B of net new capital in Q4 2021, opening 1,213 new positions and adding to 2,561 existing holdings. Its largest new stake was Comcast: 3,028,627 shares worth $152M.
By sector, the portfolio is most concentrated in Technology at 7.9% of assets, up from 7.4% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Technology Select Sector SPDR ETF, an estimated $291M trimmed.
- Millennium Management's largest Q4 2021 buy was Comcast: 3,028,627 shares worth $152M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q4 2021, an estimated $1.38B increase.
- Millennium Management's biggest Q4 2021 reduction was State Street Technology Select Sector SPDR ETF, cutting an estimated $291M.
- Millennium Management fully exited Kansas City Southern in Q4 2021, selling an estimated $227M.
- Millennium Management's ten largest holdings make up 19% of its $197B portfolio in Q4 2021.
- Millennium Management opened 1,213 new positions and closed 1,232 in Q4 2021.
- Millennium Management's portfolio value rose 18% quarter-over-quarter to $197B.
Based on Millennium Management's 13F filing for Q4 2021, filed 14 Feb 2022.