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 |
Linde
LIN
|
+$770M |
| 2 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$580M |
| 3 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$391M |
| 4 |
PFPT
Proofpoint, Inc.
PFPT
|
+$322M |
| 5 |
UnitedHealth
UNH
|
+$283M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.21B |
| 2 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$351M |
| 3 |
RP
RealPage, Inc.
RP
|
+$316M |
| 4 |
Shopify
SHOP
|
+$312M |
| 5 |
Boeing
BA
|
+$310M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.82% |
| 2 | Healthcare | 7.16% |
| 3 | Financials | 5.78% |
| 4 | Consumer Discretionary | 5.64% |
| 5 | Industrials | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Danaher
DHR
$135B
| $146M | 0.09% |
611,792
+170,270
| +39% | +$37.8M |
|
177
Coca-Cola
KO
$354B
| $145M | 0.09% |
2,687,603
-2,319,635
| -46% | -$126M |
|
178
Qualcomm
QCOM
$176B
| $145M | 0.09% |
1,010,981
+15,657
| +2% | +$2.12M |
|
179
CALL
Walt Disney
DIS
$165B
| $144M | 0.09% |
820,400
+658,600
| +407% | +$118M |
|
|
TWTR
180
PUT
DELISTED
Twitter, Inc.
TWTR
| $144M | 0.09% |
2,095,600
+969,900
| +86% | +$59.5M |
|
|
ATVI
181
DELISTED
Activision Blizzard
ATVI
| $143M | 0.09% |
1,497,360
+262,897
| +21% | +$24.9M |
|
182
CoStar Group
CSGP
$11.3B
| $142M | 0.09% |
1,715,386
-228,654
| -12% | -$19.8M |
|
183
Fortive
FTV
$19B
| $141M | 0.09% |
2,686,133
+2,645,130
| +6,451% | +$143M |
|
184
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
| $140M | 0.09% |
1,595,000
+95,000
| +6% | +$8.29M |
|
|
TXNM
185
TXNM Energy Inc
TXNM
$6.47B
| $140M | 0.09% |
2,871,930
+702,828
| +32% | +$34.6M |
|
186
PUT
lululemon athletica
LULU
$13B
| $139M | 0.09% |
382,100
+234,700
| +159% | +$77.3M |
|
187
Cummins
CMI
$91.7B
| $138M | 0.08% |
564,689
+225,963
| +67% | +$57.8M |
|
188
CALL
Workday
WDAY
$33.4B
| $137M | 0.08% |
575,600
+329,300
| +134% | +$79.2M |
|
189
PUT
Lowe's Companies
LOW
$116B
| $137M | 0.08% |
707,300
+167,100
| +31% | +$32.7M |
|
190
CALL
Comcast
CMCSA
$79.1B
| $137M | 0.08% |
2,397,900
+812,200
| +51% | +$45.4M |
|
191
PUT
FedEx
FDX
$74.5B
| $136M | 0.08% |
454,900
+413,000
| +986% | +$123M |
|
192
PUT
Chipotle Mexican Grill
CMG
$40.8B
| $136M | 0.08% |
4,375,000
+1,545,000
| +55% | +$44.1M |
|
193
PUT
Palo Alto Networks
PANW
$264B
| $136M | 0.08% |
2,192,400
-815,400
| -27% | -$48.3M |
|
194
Aon
AON
$77.3B
| $136M | 0.08% |
567,563
+77,604
| +16% | +$19M |
|
195
PUT
Domino's
DPZ
$11B
| $135M | 0.08% |
290,100
+96,500
| +50% | +$40.9M |
|
196
PUT
MongoDB
MDB
$24B
| $135M | 0.08% |
373,200
-129,400
| -26% | -$40M |
|
197
Lamb Weston
LW
$6.82B
| $135M | 0.08% |
1,672,623
+820,504
| +96% | +$65.7M |
|
198
RTX Corp
RTX
$287B
| $135M | 0.08% |
1,578,305
-499,036
| -24% | -$42M |
|
199
Dell
DELL
$283B
| $134M | 0.08% |
2,661,991
+2,349,513
| +752% | +$118M |
|
200
Union Pacific
UNP
$183B
| $134M | 0.08% |
610,487
+355,390
| +139% | +$79.1M |
|
Similar funds
Millennium Management's Q2 2021 Portfolio in Review
As of Q2 2021, Millennium Management held 7,530 positions worth $163B, up 17% from $140B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Millennium Management deployed $13.3B of net new capital in Q2 2021, opening 1,693 new positions and adding to 2,343 existing holdings. Its largest new stake was SiteOne Landscape Supply: 609,104 shares worth $103M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, down from 8.9% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Apple, an estimated $1.21B trimmed.
- Millennium Management's largest Q2 2021 buy was SiteOne Landscape Supply: 609,104 shares worth $103M.
- Millennium Management added most to Linde in Q2 2021, an estimated $770M increase.
- Millennium Management's biggest Q2 2021 reduction was Apple, cutting an estimated $1.21B.
- Millennium Management fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $351M.
- Millennium Management's ten largest holdings make up 20% of its $163B portfolio in Q2 2021.
- Millennium Management opened 1,693 new positions and closed 1,074 in Q2 2021.
- Millennium Management's portfolio value rose 17% quarter-over-quarter to $163B.
Based on Millennium Management's 13F filing for Q2 2021, filed 16 Aug 2021.