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 | |
|---|---|---|---|---|---|---|
1551
Shopify
SHOP
$159B
| $17.4M | 0.01% |
126,030
-855,920
| -87% | -$125M |
|
1552
Enterprise Financial Services Corp
EFSC
$2.39B
| $17.3M | 0.01% |
368,399
+347,934
| +1,700% | +$16.6M |
|
1553
DNOW Inc
DNOW
$2.51B
| $17.3M | 0.01% |
2,029,146
+1,588,699
| +361% | +$13.8M |
|
1554
Ingersoll Rand
IR
$33B
| $17.3M | 0.01% |
279,936
+99,680
| +55% | +$5.68M |
|
1555
The Greenbrier Companies
GBX
$1.52B
| $17.3M | 0.01% |
377,288
-9,144
| -2% | -$397K |
|
1556
PUT
Halliburton
HAL
$26.4B
| $17.3M | 0.01% |
756,900
+20,300
| +3% | +$481K |
|
1557
PUT
iShares MSCI Canada ETF
EWC
$6.17B
| $17.3M | 0.01% |
+450,000
| New | +$17.3M |
|
1558
Nurix Therapeutics
NRIX
$2.45B
| $17.3M | 0.01% |
596,286
+359,403
| +152% | +$10.9M |
|
1559
CALL
Regeneron Pharmaceuticals
REGN
$77.4B
| $17.2M | 0.01% |
27,300
-11,900
| -30% | -$7.32M |
|
|
ABMD
1560
CALL
DELISTED
Abiomed Inc
ABMD
| $17.2M | 0.01% |
48,000
-22,000
| -31% | -$7.43M |
|
1561
Stepan Co
SCL
$1.48B
| $17.2M | 0.01% |
138,698
+91,581
| +194% | +$11M |
|
1562
Eldorado Gold
EGO
$8.53B
| $17.2M | 0.01% |
1,842,113
+1,217,240
| +195% | +$11.2M |
|
1563
TAL Education Group
TAL
$6.85B
| $17.2M | 0.01% |
4,384,439
+1,192,344
| +37% | +$5.39M |
|
|
RDUS
1564
DELISTED
Radius Recycling
RDUS
| $17.2M | 0.01% |
331,237
+305,191
| +1,172% | +$15.7M |
|
1565
Hudbay
HBM
$10.1B
| $17.2M | 0.01% |
+2,369,235
| New | +$16.4M |
|
1566
Toronto Dominion Bank
TD
$198B
| $17.2M | 0.01% |
223,679
-18,436
| -8% | -$1.34M |
|
1567
Gerdau
GGB
$9.74B
| $17.1M | 0.01% |
4,385,669
+133,292
| +3% | +$507K |
|
|
ESM
1568
DELISTED
ESM Acquisition Corporation
ESM
| $17.1M | 0.01% |
1,759,841
+1,391,885
| +378% | +$13.6M |
|
1569
Asana
ASAN
$1.83B
| $17.1M | 0.01% |
228,921
-6,803
| -3% | -$720K |
|
1570
Regency Centers
REG
$14.7B
| $17M | 0.01% |
225,980
+176,622
| +358% | +$12.7M |
|
1571
First Bancorp
FBP
$4.4B
| $17M | 0.01% |
1,235,524
-224,054
| -15% | -$3.08M |
|
1572
InterContinental Hotels
IHG
$24B
| $17M | 0.01% |
260,692
+33,767
| +15% | +$2.24M |
|
|
PAEWW
1573
CALL
DELISTED
PAE Incorporated Warrants
PAEWW
| $17M | 0.01% |
8,710,000
+815,000
| +10% | +$1.41M |
|
|
MODN
1574
DELISTED
MODEL N, INC.
MODN
| $16.9M | 0.01% |
564,389
+260,170
| +86% | +$8.13M |
|
1575
Prudential Financial
PRU
$42.6B
| $16.9M | 0.01% |
156,524
+56,446
| +56% | +$6.13M |
|
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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.