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 | |
|---|---|---|---|---|---|---|
1326
Royal Bank of Canada
RY
$287B
| $22M | 0.01% |
207,489
-35,280
| -15% | -$3.66M |
|
|
REVH
1327
DELISTED
Revolution Healthcare Acquisition Corp. SAIL Class A Common Stock
REVH
| $22M | 0.01% |
2,260,000
-31,156
| -1% | -$304K |
|
1328
PUT
eBay
EBAY
$51.2B
| $22M | 0.01% |
330,600
+26,800
| +9% | +$1.91M |
|
1329
PUT
Iron Mountain
IRM
$35.9B
| $22M | 0.01% |
419,700
+35,500
| +9% | +$1.68M |
|
1330
Stewart Information Services
STC
$2.14B
| $22M | 0.01% |
275,322
+15,468
| +6% | +$1.14M |
|
1331
PennyMac Financial
PFSI
$4.47B
| $21.9M | 0.01% |
314,472
-7,267
| -2% | -$480K |
|
|
PNTM
1332
DELISTED
Pontem Corporation
PNTM
| $21.9M | 0.01% |
2,238,494
+1,601,355
| +251% | +$15.7M |
|
1333
PUT
Twilio
TWLO
$28.6B
| $21.9M | 0.01% |
+83,300
| New | +$24.9M |
|
|
PIAI
1334
DELISTED
Prime Impact Acquisition I
PIAI
| $21.9M | 0.01% |
2,226,950
+277,519
| +14% | +$2.73M |
|
1335
Thor Industries
THO
$4.06B
| $21.9M | 0.01% |
211,133
+76,734
| +57% | +$8.33M |
|
1336
CALL
Philip Morris
PM
$309B
| $21.9M | 0.01% |
230,100
-140,500
| -38% | -$13.1M |
|
1337
Maravai LifeSciences
MRVI
$972M
| $21.9M | 0.01% |
521,619
+142,869
| +38% | +$5.79M |
|
|
BOAC
1338
DELISTED
Bluescape Opportunities Acquisition Corp.
BOAC
| $21.8M | 0.01% |
2,231,765
+40,292
| +2% | +$395K |
|
1339
Virgin Galactic
SPCE
$315M
| $21.8M | 0.01% |
81,548
+62,939
| +338% | +$22.7M |
|
1340
Equity Residential
EQR
$25.8B
| $21.8M | 0.01% |
241,067
-175,673
| -42% | -$15.1M |
|
|
CFLT
1341
DELISTED
Confluent
CFLT
| $21.8M | 0.01% |
+285,720
| New | +$20.6M |
|
|
SCS
1342
DELISTED
Steelcase
SCS
| $21.8M | 0.01% |
1,858,448
+1,133,571
| +156% | +$13.7M |
|
1343
Tenable Holdings
TENB
$3.47B
| $21.8M | 0.01% |
395,451
-534,715
| -57% | -$27.7M |
|
1344
Toast
TOST
$18.9B
| $21.7M | 0.01% |
625,934
+184,525
| +42% | +$8.54M |
|
1345
Box
BOX
$4.49B
| $21.7M | 0.01% |
828,031
+783,695
| +1,768% | +$20.2M |
|
1346
Hancock Whitney
HWC
$6.19B
| $21.7M | 0.01% |
433,474
+197,478
| +84% | +$9.85M |
|
|
FISV
1347
Fiserv Inc
FISV
$29.7B
| $21.7M | 0.01% |
208,716
+150,085
| +256% | +$15.5M |
|
1348
Fox Class B
FOX
$22.1B
| $21.7M | 0.01% |
632,023
+578,935
| +1,091% | +$21.2M |
|
1349
JFrog
FROG
$8.88B
| $21.6M | 0.01% |
728,902
+626,588
| +612% | +$20.7M |
|
1350
Freeport-McMoran
FCX
$86.2B
| $21.6M | 0.01% |
518,744
-347,979
| -40% | -$13.2M |
|
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.