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 | |
|---|---|---|---|---|---|---|
1276
Northern Oil and Gas
NOG
$2.29B
| $23.7M | 0.01% |
1,151,007
+624,541
| +119% | +$14M |
|
1277
CALL
Medtronic
MDT
$112B
| $23.6M | 0.01% |
228,300
-317,200
| -58% | -$36.7M |
|
1278
First Interstate BancSystem
FIBK
$3.67B
| $23.6M | 0.01% |
580,575
+456,973
| +370% | +$19M |
|
1279
Healthcare Realty
HR
$7.56B
| $23.6M | 0.01% |
705,761
+630,656
| +840% | +$21.1M |
|
1280
Enovis
ENOV
$1.74B
| $23.5M | 0.01% |
+297,563
| New | +$24.9M |
|
1281
Herc Holdings
HRI
$4.78B
| $23.5M | 0.01% |
150,318
+35,981
| +31% | +$6.35M |
|
1282
Pinnacle West Capital
PNW
$12.4B
| $23.5M | 0.01% |
332,966
+200,735
| +152% | +$13.5M |
|
1283
Timken Company
TKR
$9.19B
| $23.4M | 0.01% |
337,368
-239,934
| -42% | -$16.8M |
|
1284
Lumentum
LITE
$46.9B
| $23.4M | 0.01% |
220,792
+198,783
| +903% | +$18.1M |
|
|
LGF.B
1285
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $23.3M | 0.01% |
1,513,434
+1,011,761
| +202% | +$14.2M |
|
1286
Concentrix
CNXC
$1.62B
| $23.2M | 0.01% |
129,921
+70,564
| +119% | +$12.6M |
|
1287
Photronics
PLAB
$1.65B
| $23.2M | 0.01% |
1,229,651
+700,498
| +132% | +$10.3M |
|
|
SEM
1288
DELISTED
Select Medical
SEM
| $23.1M | 0.01% |
1,460,958
+1,174,818
| +411% | +$20.1M |
|
1289
Reinsurance Group of America
RGA
$15.5B
| $23.1M | 0.01% |
210,675
-464,201
| -69% | -$51.6M |
|
1290
Mercury Systems
MRCY
$5.41B
| $23.1M | 0.01% |
418,917
+145,684
| +53% | +$7.38M |
|
1291
CarMax
KMX
$8.39B
| $23.1M | 0.01% |
177,086
+151,560
| +594% | +$21.2M |
|
1292
Criteo S.A. Ordinary Shares
CRTO
$1.14B
| $23.1M | 0.01% |
593,188
+263,389
| +80% | +$10.1M |
|
|
NARI
1293
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $23M | 0.01% |
252,445
+22,364
| +10% | +$1.92M |
|
1294
Visteon
VC
$2.85B
| $23M | 0.01% |
207,100
+52,969
| +34% | +$5.89M |
|
1295
Arbor Realty Trust
ABR
$977M
| $23M | 0.01% |
1,256,003
+1,108,129
| +749% | +$20.8M |
|
1296
PubMatic
PUBM
$608M
| $23M | 0.01% |
675,768
+272,694
| +68% | +$8.89M |
|
1297
Zscaler
ZS
$24.9B
| $23M | 0.01% |
71,598
-246,244
| -77% | -$77.5M |
|
1298
JetBlue
JBLU
$2.16B
| $23M | 0.01% |
1,614,798
-1,583,965
| -50% | -$23.3M |
|
|
STFC
1299
DELISTED
State Auto Financial Corp
STFC
| $22.9M | 0.01% |
443,830
+268,307
| +153% | +$13.8M |
|
1300
Chord Energy
CHRD
$7.68B
| $22.9M | 0.01% |
182,058
+82,216
| +82% | +$9.77M |
|
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.