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 | |
|---|---|---|---|---|---|---|
1351
B&G Foods
BGS
$293M
| $20.4M | 0.01% |
757,498
+745,463
| +6,194% | +$22.4M |
|
1352
Warner Music
WMG
$14.4B
| $20.4M | 0.01% |
539,568
+189,308
| +54% | +$7.17M |
|
1353
CALL
Revvity
RVTY
$12.7B
| $20.4M | 0.01% |
117,000
+67,000
| +134% | +$11.9M |
|
1354
CALL
Delta Air Lines
DAL
$58.3B
| $20.4M | 0.01% |
515,100
-176,000
| -25% | -$6.85M |
|
1355
CALL
United States Oil Fund
USO
$2.12B
| $20.4M | 0.01% |
275,000
-180,200
| -40% | -$12.1M |
|
|
FPAC
1356
DELISTED
Far Peak Acquisition Corporation
FPAC
| $20.4M | 0.01% |
2,048,620
+653,889
| +47% | +$6.5M |
|
1357
Knight Transportation
KNX
$11.4B
| $20.4M | 0.01% |
403,522
+353,368
| +705% | +$19.5M |
|
1358
CALL
Lam Research
LRCX
$373B
| $20.3M | 0.01% |
378,000
-16,000
| -4% | -$931K |
|
1359
California Resources
CRC
$4.53B
| $20.3M | 0.01% |
454,242
-200,174
| -31% | -$8.63M |
|
1360
CALL
General Motors
GM
$80B
| $20.3M | 0.01% |
464,500
-1,778,000
| -79% | -$88.8M |
|
|
MBAC
1361
DELISTED
M3-Brigade Acquisition II Corp.
MBAC
| $20.3M | 0.01% |
2,078,649
+413,156
| +25% | +$4.06M |
|
1362
New Jersey Resources
NJR
$5.91B
| $20.3M | 0.01% |
442,671
-158,208
| -26% | -$6.59M |
|
1363
Flowers Foods
FLO
$1.51B
| $20.3M | 0.01% |
788,580
+774,172
| +5,373% | +$21.1M |
|
1364
GameStop
GME
$9.82B
| $20.3M | 0.01% |
486,432
+398,584
| +454% | +$11.8M |
|
1365
FerroAtlántica
GSM
$600M
| $20.3M | 0.01% |
2,629,983
+2,509,476
| +2,082% | +$17.1M |
|
1366
Emergent Biosolutions
EBS
$375M
| $20.2M | 0.01% |
492,636
+92,268
| +23% | +$4.07M |
|
1367
iShares Core US Aggregate Bond ETF
AGG
$138B
| $20.2M | 0.01% |
188,859
-60,186
| -24% | -$6.62M |
|
1368
BGC Group
BGC
$5.6B
| $20.2M | 0.01% |
4,595,540
+2,747,426
| +149% | +$12.1M |
|
1369
ON Semiconductor
ON
$32.6B
| $20.2M | 0.01% |
322,639
-666,585
| -67% | -$40.6M |
|
1370
WaFd
WAFD
$2.69B
| $20.2M | 0.01% |
614,785
-430,117
| -41% | -$15.1M |
|
1371
SL Green Realty
SLG
$3.81B
| $20.2M | 0.01% |
248,342
+235,135
| +1,780% | +$18.5M |
|
1372
Kanzhun
BZ
$7.33B
| $20.1M | 0.01% |
+806,133
| New | +$23.5M |
|
|
OKLO
1373
Oklo
OKLO
$7.15B
| $20M | 0.01% |
2,054,174
-7,095
| -0.3% | -$69.2K |
|
1374
Regeneron Pharmaceuticals
REGN
$76B
| $20M | 0.01% |
28,685
-96,109
| -77% | -$60.8M |
|
1375
CALL
PNC Financial Services
PNC
$99.2B
| $20M | 0.01% |
108,600
-55,600
| -34% | -$11.2M |
|
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.