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 | |
|---|---|---|---|---|---|---|
1576
CALL
Humana
HUM
$44B
| $16.9M | 0.01% |
36,500
-11,800
| -24% | -$5.22M |
|
|
CWEN.A
1577
DELISTED
Clearway Energy Class A
CWEN.A
| $16.9M | 0.01% |
504,978
-11,044
| -2% | -$363K |
|
1578
Ascendis Pharma A/S
ASND
$16.5B
| $16.9M | 0.01% |
125,596
-58,788
| -32% | -$8.74M |
|
|
DCRN
1579
DELISTED
Decarbonization Plus Acquisition Corporation II Class A Common stock
DCRN
| $16.9M | 0.01% |
1,690,905
+938,851
| +125% | +$9.39M |
|
|
WNS
1580
DELISTED
WNS Holdings
WNS
| $16.9M | 0.01% |
191,072
-48,773
| -20% | -$4.19M |
|
|
HTO
1581
H2O America
HTO
$2.59B
| $16.9M | 0.01% |
230,192
+163,372
| +244% | +$11.4M |
|
1582
AerCap
AER
$24.1B
| $16.8M | 0.01% |
257,532
+199,951
| +347% | +$12.4M |
|
1583
Fulton Financial
FULT
$4.66B
| $16.8M | 0.01% |
991,075
+652,892
| +193% | +$10.8M |
|
|
COUP
1584
PUT
DELISTED
Coupa Software Incorporated
COUP
| $16.8M | 0.01% |
106,400
+300
| +0.3% | +$61.8K |
|
|
AMRS
1585
DELISTED
Amyris Inc.
AMRS
| $16.8M | 0.01% |
3,104,134
+2,911,364
| +1,510% | +$27.2M |
|
1586
ACI Worldwide
ACIW
$5.86B
| $16.8M | 0.01% |
483,617
+421,489
| +678% | +$13.5M |
|
1587
Nektar Therapeutics
NKTR
$2.41B
| $16.8M | 0.01% |
82,714
+38,917
| +89% | +$8.44M |
|
1588
Impinj
PI
$4.49B
| $16.8M | 0.01% |
188,884
+61,521
| +48% | +$4.46M |
|
1589
iShares Expanded Tech-Software Sector ETF
IGV
$12.5B
| $16.7M | 0.01% |
210,460
+16,905
| +9% | +$1.41M |
|
1590
Dr. Reddy's Laboratories
RDY
$9.85B
| $16.7M | 0.01% |
1,278,775
+252,970
| +25% | +$3.19M |
|
|
FLG
1591
Flagstar Bank National Association
FLG
$5.94B
| $16.7M | 0.01% |
456,484
-475,835
| -51% | -$18.1M |
|
1592
Clear Channel Outdoor Holdings
CCO
$1.23B
| $16.7M | 0.01% |
5,048,993
+2,081,728
| +70% | +$6.48M |
|
|
AIRC
1593
DELISTED
Apartment Income REIT Corp.
AIRC
| $16.7M | 0.01% |
305,652
+170,487
| +126% | +$8.91M |
|
1594
CALL
Merck
MRK
$321B
| $16.7M | 0.01% |
217,800
-887,300
| -80% | -$70.7M |
|
1595
CNO Financial Group
CNO
$4.99B
| $16.7M | 0.01% |
699,773
+210,954
| +43% | +$5.18M |
|
1596
West Pharmaceutical
WST
$23.9B
| $16.7M | 0.01% |
35,564
+21,469
| +152% | +$9.24M |
|
|
ETRN
1597
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $16.7M | 0.01% |
1,612,878
+881,200
| +120% | +$9.13M |
|
1598
CALL
United Rentals
URI
$66.5B
| $16.6M | 0.01% |
50,000
| – | – |
|
|
ECOLW
1599
CALL
DELISTED
US Ecology, Inc. Warrant
ECOLW
| $16.6M | 0.01% |
3,020,918
+99,918
| +3% | +$581K |
|
1600
OFG Bancorp
OFG
$2.22B
| $16.6M | 0.01% |
625,302
+220,835
| +55% | +$5.73M |
|
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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.