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 | |
|---|---|---|---|---|---|---|
|
DSAC
1651
DELISTED
Duddell Street Acquisition Corp. Class A Ordinary Shares
DSAC
| $15.6M | 0.01% |
1,575,000
+13,880
| +0.9% | +$137K |
|
1652
Envoy Medical
COCH
$51.3M
| $15.6M | 0.01% |
1,603,566
+607,529
| +61% | +$5.93M |
|
1653
Middleby
MIDD
$6.03B
| $15.6M | 0.01% |
79,378
-76,417
| -49% | -$13.9M |
|
|
MSDA
1654
DELISTED
MSD Acquisition Corp. Class A Ordinary Shares
MSDA
| $15.6M | 0.01% |
1,579,174
+644,771
| +69% | +$6.36M |
|
|
CELL
1655
DELISTED
PhenomeX Inc. Common Stock
CELL
| $15.6M | 0.01% |
857,502
+302,304
| +54% | +$6.52M |
|
1656
Par Pacific Holdings
PARR
$4.31B
| $15.5M | 0.01% |
942,791
+263,500
| +39% | +$3.98M |
|
1657
Autohome
ATHM
$2.63B
| $15.5M | 0.01% |
+525,267
| New | +$20M |
|
|
FLDDU
1658
DELISTED
FTAC Emerald Acquisition Corp. Unit
FLDDU
| $15.5M | 0.01% |
+1,550,000
| New | +$15.4M |
|
1659
PUT
Paymentus
PAY
$4.39B
| $15.4M | 0.01% |
+440,400
| New | +$12.1M |
|
|
HIBB
1660
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $15.4M | 0.01% |
213,861
-40,461
| -16% | -$3.22M |
|
1661
Sanofi
SNY
$103B
| $15.4M | 0.01% |
306,697
-214,332
| -41% | -$10.6M |
|
1662
PUT
Dave & Buster's
PLAY
$377M
| $15.4M | 0.01% |
400,000
| – | – |
|
1663
Ryman Hospitality Properties
RHP
$8.41B
| $15.4M | 0.01% |
167,027
+12,322
| +8% | +$1.06M |
|
1664
American Water Works
AWK
$27.2B
| $15.3M | 0.01% |
81,264
+55,396
| +214% | +$9.68M |
|
1665
PUT
TransDigm Group
TDG
$69.9B
| $15.3M | 0.01% |
24,100
-12,700
| -35% | -$7.95M |
|
1666
Vipshop
VIPS
$7.3B
| $15.3M | 0.01% |
1,825,534
-758,573
| -29% | -$7.94M |
|
1667
Beazer Homes USA
BZH
$891M
| $15.3M | 0.01% |
658,358
+438,948
| +200% | +$8.82M |
|
1668
Travel + Leisure Co
TNL
$4.61B
| $15.3M | 0.01% |
276,134
-148,572
| -35% | -$7.95M |
|
1669
Costco
COST
$423B
| $15.3M | 0.01% |
26,879
+2,601
| +11% | +$1.33M |
|
1670
CALL
Zimmer Biomet
ZBH
$18.4B
| $15.2M | 0.01% |
123,600
-51,500
| -29% | -$6.74M |
|
1671
ACM Research
ACMR
$5.44B
| $15.2M | 0.01% |
534,690
+410,094
| +329% | +$13M |
|
1672
State Street Utilities Select Sector SPDR ETF
XLU
$23B
| $15.2M | 0.01% |
423,860
-65,906
| -13% | -$2.22M |
|
1673
Choice Hotels
CHH
$5.08B
| $15.2M | 0.01% |
97,127
+58,981
| +155% | +$8.47M |
|
|
AVAN
1674
DELISTED
Avanti Acquisition Corp.
AVAN
| $15.1M | 0.01% |
1,542,694
-22,187
| -1% | -$218K |
|
1675
Warner Music
WMG
$14.4B
| $15.1M | 0.01% |
350,260
+60,966
| +21% | +$2.74M |
|
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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.