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 | 8.94% |
| 2 | Healthcare | 6.98% |
| 3 | Consumer Discretionary | 5.82% |
| 4 | Financials | 5.54% |
| 5 | Industrials | 4.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1701
Pan American Silver
PAAS
$21.8B
| $10.4M | 0.01% |
346,706
+258,877
| +295% | +$8.41M |
|
|
AMPI.U
1702
DELISTED
Advanced Merger Partners Inc Units
AMPI.U
| $10.4M | 0.01% |
+1,041,000
| New | +$10.4M |
|
1703
Celldex Therapeutics
CLDX
$3.37B
| $10.4M | 0.01% |
505,163
+299,241
| +145% | +$6.87M |
|
1704
PUT
United Rentals
URI
$70.8B
| $10.4M | 0.01% |
31,600
+2,700
| +9% | +$765K |
|
1705
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $10.4M | 0.01% |
204,948
+125,410
| +158% | +$6.37M |
|
|
PCH
1706
DELISTED
PotlatchDeltic
PCH
| $10.4M | 0.01% |
196,408
+189,472
| +2,732% | +$9.78M |
|
|
INFI
1707
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $10.4M | 0.01% |
3,215,498
+2,341,544
| +268% | +$7.81M |
|
|
ATC
1708
DELISTED
Atotech Limited
ATC
| $10.4M | 0.01% |
+511,490
| New | +$10.5M |
|
1709
Altimmune
ALT
$593M
| $10.4M | 0.01% |
732,742
+355,554
| +94% | +$5.75M |
|
|
OPA.U
1710
DELISTED
Magnum Opus Acquisition Limited Units, each consisting of one Class A ordinary share and one-half redeemable warrant
OPA.U
| $10.3M | 0.01% |
+1,045,971
| New | +$10.3M |
|
|
ARBG
1711
DELISTED
Aequi Acquisition Corp
ARBG
| $10.3M | 0.01% |
+1,071,479
| New | +$10.9M |
|
1712
Armstrong World Industries
AWI
$7.75B
| $10.3M | 0.01% |
114,728
-317,214
| -73% | -$26.9M |
|
|
LINX
1713
DELISTED
Linx S.A.
LINX
| $10.3M | 0.01% |
1,555,334
-56,829
| -4% | -$391K |
|
1714
Revolve Group
RVLV
$1.73B
| $10.3M | 0.01% |
229,628
+203,243
| +770% | +$8.28M |
|
|
ACRE
1715
Ares Commercial Real Estate
ACRE
$256M
| $10.3M | 0.01% |
751,044
+266,471
| +55% | +$3.48M |
|
|
FLNA
1716
Filana Therapeutics
FLNA
$48.2M
| $10.3M | 0.01% |
+228,976
| New | +$9.01M |
|
1717
Universal Display
OLED
$4.16B
| $10.2M | 0.01% |
43,199
+12,498
| +41% | +$2.89M |
|
|
AEGN
1718
DELISTED
Aegion Corp
AEGN
| $10.2M | 0.01% |
355,756
+245,347
| +222% | +$5.86M |
|
1719
Lumen
LUMN
$6.85B
| $10.2M | 0.01% |
766,058
-2,073,688
| -73% | -$25.8M |
|
|
LOTZ
1720
DELISTED
CarLotz, Inc. Class A Common Stock
LOTZ
| $10.2M | 0.01% |
1,434,392
+108,493
| +8% | +$1.05M |
|
1721
CubeSmart
CUBE
$9.23B
| $10.2M | 0.01% |
270,246
-489,578
| -64% | -$17.6M |
|
1722
Green Brick Partners
GRBK
$3.03B
| $10.2M | 0.01% |
+450,642
| New | +$9.6M |
|
|
SAFE
1723
Safehold
SAFE
$1.09B
| $10.2M | 0.01% |
118,028
+37,953
| +47% | +$3.05M |
|
|
RPLA
1724
DELISTED
Replay Acquisition Corp. Ordinary Shares
RPLA
| $10.2M | 0.01% |
1,069,359
+534,004
| +100% | +$5.42M |
|
1725
W.R. Berkley
WRB
$26.3B
| $10.2M | 0.01% |
304,553
-1,307,381
| -81% | -$40.3M |
|
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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 8.9% 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.