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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$643M |
| 2 |
AT&T
T
|
+$311M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$306M |
| 4 |
Microsoft
MSFT
|
+$292M |
| 5 |
Ametek
AME
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$887M |
| 2 |
Apple
AAPL
|
+$694M |
| 3 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$616M |
| 4 |
Amazon
AMZN
|
+$596M |
| 5 |
Linde
LIN
|
+$531M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.39% |
| 2 | Financials | 6.67% |
| 3 | Healthcare | 6.18% |
| 4 | Industrials | 4.97% |
| 5 | Consumer Discretionary | 4.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
NVIDIA
NVDA
$5.01T
| $225M | 0.14% |
10,866,890
-1,019,830
| -9% | -$21.2M |
|
102
Crown Holdings
CCK
$12.8B
| $223M | 0.13% |
2,209,928
+1,522,563
| +222% | +$160M |
|
103
Procter & Gamble
PG
$343B
| $221M | 0.13% |
1,577,337
+845,536
| +116% | +$120M |
|
104
PUT
Texas Instruments
TXN
$255B
| $219M | 0.13% |
1,138,500
-29,900
| -3% | -$5.7M |
|
105
Baxter International
BAX
$11.6B
| $214M | 0.13% |
2,656,871
+1,584,491
| +148% | +$125M |
|
106
PUT
Starbucks
SBUX
$118B
| $214M | 0.13% |
1,935,900
-145,300
| -7% | -$17M |
|
107
Palo Alto Networks
PANW
$264B
| $213M | 0.13% |
2,670,852
+1,258,476
| +89% | +$88.4M |
|
108
PUT
ServiceNow
NOW
$102B
| $211M | 0.13% |
1,694,000
+269,000
| +19% | +$32.6M |
|
109
ExxonMobil
XOM
$651B
| $211M | 0.13% |
3,580,268
+3,489,990
| +3,866% | +$199M |
|
|
XLNX
110
DELISTED
Xilinx Inc
XLNX
| $210M | 0.13% |
1,394,051
-871,282
| -38% | -$128M |
|
111
Pfizer
PFE
$140B
| $207M | 0.12% |
4,810,719
+6,957
| +0.1% | +$308K |
|
|
PPD
112
DELISTED
PPD, Inc. Common Stock
PPD
| $206M | 0.12% |
4,411,394
-552,037
| -11% | -$25.6M |
|
113
PUT
Applied Materials
AMAT
$426B
| $206M | 0.12% |
1,598,000
+47,200
| +3% | +$6.41M |
|
114
Coca-Cola
KO
$354B
| $205M | 0.12% |
3,913,668
+1,226,065
| +46% | +$68.3M |
|
115
CALL
Bank of America
BAC
$435B
| $205M | 0.12% |
4,829,600
+2,387,800
| +98% | +$96.2M |
|
116
McKesson
MCK
$98.5B
| $204M | 0.12% |
1,025,655
+63,952
| +7% | +$12.8M |
|
117
Deere & Co
DE
$170B
| $201M | 0.12% |
599,719
+591,236
| +6,970% | +$213M |
|
118
Invesco QQQ Trust
QQQ
$455B
| $200M | 0.12% |
557,998
+249,934
| +81% | +$92M |
|
119
PUT
Chevron
CVX
$388B
| $199M | 0.12% |
1,964,800
+415,300
| +27% | +$41.4M |
|
120
Lockheed Martin
LMT
$134B
| $194M | 0.12% |
561,512
+549,940
| +4,752% | +$199M |
|
121
PUT
FedEx
FDX
$74.5B
| $189M | 0.11% |
864,100
+409,200
| +90% | +$111M |
|
|
122
CALL
NVIDIA
NVDA
$5.01T
| $188M | 0.11% |
9,056,000
+3,336,000
| +58% | +$69.3M |
|
123
Berkshire Hathaway Class B
BRK.B
$1.07T
| $187M | 0.11% |
684,113
+257,100
| +60% | +$72.2M |
|
124
Analog Devices
ADI
$181B
| $186M | 0.11% |
1,108,660
+682,092
| +160% | +$114M |
|
125
PUT
MongoDB
MDB
$24B
| $185M | 0.11% |
393,200
+20,000
| +5% | +$8.06M |
|
Similar funds
Millennium Management's Q3 2021 Portfolio in Review
As of Q3 2021, Millennium Management held 7,698 positions worth $167B, up 2.3% from $163B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management deployed $8.65B of net new capital in Q3 2021, opening 1,244 new positions and adding to 2,720 existing holdings. Its largest new stake was Sight Sciences: 1,577,092 shares worth $35.8M.
By sector, the portfolio is most concentrated in Technology at 7.4% of assets, down from 7.8% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Apple, an estimated $694M trimmed.
- Millennium Management's largest Q3 2021 buy was Sight Sciences: 1,577,092 shares worth $35.8M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2021, an estimated $643M increase.
- Millennium Management's biggest Q3 2021 reduction was Apple, cutting an estimated $694M.
- Millennium Management fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $887M.
- Millennium Management's ten largest holdings make up 18% of its $167B portfolio in Q3 2021.
- Millennium Management opened 1,244 new positions and closed 981 in Q3 2021.
- Millennium Management's portfolio value rose 2.3% quarter-over-quarter to $167B.
Based on Millennium Management's 13F filing for Q3 2021, filed 15 Nov 2021.