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 |
Shopify
SHOP
|
+$417M |
| 2 |
PARA
Paramount Global Class B
PARA
|
+$344M |
| 3 |
Baidu
BIDU
|
+$254M |
| 4 |
American Electric Power
AEP
|
+$214M |
| 5 |
Intuitive Surgical
ISRG
|
+$212M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.19B |
| 2 |
Microsoft
MSFT
|
+$1.44B |
| 3 |
Intel
INTC
|
+$925M |
| 4 |
NVIDIA
NVDA
|
+$589M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$573M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.62% |
| 2 | Healthcare | 7.51% |
| 3 | Consumer Discretionary | 5.84% |
| 4 | Financials | 5.63% |
| 5 | Industrials | 4.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SCHW
126
Charles Schwab
SCHW
$190B
| $160M | 0.11% |
2,448,439
+1,755,114
| +253% | +$106M |
|
127
Colgate-Palmolive
CL
$74.1B
| $156M | 0.11% |
1,982,014
+1,919,056
| +3,048% | +$150M |
|
128
Advance Auto Parts
AAP
$3.23B
| $154M | 0.11% |
840,552
+136,228
| +19% | +$22.8M |
|
129
PUT
Charter Communications
CHTR
$18.7B
| $153M | 0.11% |
247,800
-33,900
| -12% | -$21.2M |
|
130
CALL
SPDR Gold Trust
GLD
$142B
| $152M | 0.11% |
949,400
+236,400
| +33% | +$39.7M |
|
131
PUT
Comcast
CMCSA
$92.9B
| $151M | 0.11% |
2,786,500
+1,093,900
| +65% | +$57.8M |
|
132
Verizon
VZ
$200B
| $151M | 0.11% |
2,589,495
+340,718
| +15% | +$19.2M |
|
133
EPAM Systems
EPAM
$5.24B
| $150M | 0.11% |
378,829
+342,253
| +936% | +$125M |
|
134
Flex
FLEX
$45.9B
| $150M | 0.11% |
10,885,433
+9,456,202
| +662% | +$130M |
|
135
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $150M | 0.11% |
1,283,613
+660,752
| +106% | +$76.3M |
|
|
136
Intel
INTC
$527B
| $149M | 0.11% |
2,323,140
-15,517,640
| -87% | -$925M |
|
137
PUT
Amgen
AMGN
$226B
| $147M | 0.11% |
590,800
+443,900
| +302% | +$106M |
|
138
PUT
Applied Materials
AMAT
$424B
| $147M | 0.11% |
1,100,000
-163,500
| -13% | -$18M |
|
139
PUT
Wells Fargo
WFC
$266B
| $146M | 0.1% |
3,749,400
+2,724,100
| +266% | +$96.4M |
|
140
PUT
Bristol-Myers Squibb
BMY
$132B
| $145M | 0.1% |
2,300,300
+1,611,900
| +234% | +$100M |
|
141
PUT
Oracle
ORCL
$450B
| $143M | 0.1% |
2,044,900
+89,800
| +5% | +$5.81M |
|
142
PUT
GE Aerospace
GE
$374B
| $143M | 0.1% |
2,187,962
+1,062,230
| +94% | +$64.3M |
|
|
IPHI
143
DELISTED
INPHI CORPORATION
IPHI
| $143M | 0.1% |
801,947
+98,791
| +14% | +$16.5M |
|
144
CALL
JPMorgan Chase
JPM
$965B
| $142M | 0.1% |
936,000
-261,900
| -22% | -$37.7M |
|
145
Walmart Inc
WMT
$921B
| $141M | 0.1% |
3,115,860
-2,766,132
| -47% | -$128M |
|
146
IQVIA
IQV
$39.8B
| $137M | 0.1% |
711,553
+196,353
| +38% | +$36.9M |
|
147
Encompass Health
EHC
$12.3B
| $137M | 0.1% |
2,095,186
+1,447,977
| +224% | +$94.4M |
|
148
PUT
Walt Disney
DIS
$181B
| $136M | 0.1% |
739,000
-475,300
| -39% | -$87.7M |
|
149
PUT
AT&T
T
$168B
| $136M | 0.1% |
5,961,178
+3,449,815
| +137% | +$76.3M |
|
150
ConocoPhillips
COP
$150B
| $135M | 0.1% |
2,550,056
+1,806,251
| +243% | +$89M |
|
Similar funds
Millennium Management's Q1 2021 Portfolio in Review
As of Q1 2021, Millennium Management held 6,933 positions worth $140B, up 0.91% from $138B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Millennium Management's Q1 2021 filing shows 1,778 new, 1,837 increased, 2,117 reduced and 1,099 closed positions. Its largest new stake was KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant: 9,400,000 shares worth $94.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.19B.
By sector, the portfolio is most concentrated in Technology at 9.6% of assets, down from 11% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Millennium Management's largest Q1 2021 buy was KKR Acquisition Holdings I Corp. Units, each consisting of one share of Class A Common Stock and one-fourth of one redeemable warrant: 9,400,000 shares worth $94.1M.
- Millennium Management added most to Shopify in Q1 2021, an estimated $417M increase.
- Millennium Management's biggest Q1 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.19B.
- Millennium Management fully exited iShares Russell 2000 ETF in Q1 2021, selling an estimated $573M.
- Millennium Management's ten largest holdings make up 21% of its $140B portfolio in Q1 2021.
- Millennium Management opened 1,778 new positions and closed 1,099 in Q1 2021.
- Millennium Management's portfolio value rose 0.91% quarter-over-quarter to $140B.
Based on Millennium Management's 13F filing for Q1 2021, filed 17 May 2021.