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 MSCI Emerging Markets ETF
EEM
|
+$554M |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$435M |
| 3 |
CERN
Cerner Corp
CERN
|
+$282M |
| 4 |
Norfolk Southern
NSC
|
+$238M |
| 5 |
ExxonMobil
XOM
|
+$237M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.35B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.32B |
| 3 |
Apple
AAPL
|
+$966M |
| 4 |
NVIDIA
NVDA
|
+$768M |
| 5 |
AT&T
T
|
+$594M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.16% |
| 2 | Financials | 6.59% |
| 3 | Healthcare | 6.12% |
| 4 | Industrials | 4.26% |
| 5 | Consumer Discretionary | 3.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
CALL
Chevron
CVX
$381B
| $154M | 0.08% |
947,600
-260,300
| -22% | -$37.3M |
|
177
Home Depot
HD
$337B
| $153M | 0.08% |
512,377
+21,012
| +4% | +$7.29M |
|
178
CALL
Bank of America
BAC
$435B
| $153M | 0.08% |
3,715,300
-1,326,600
| -26% | -$59.9M |
|
179
Targa Resources
TRGP
$57.9B
| $153M | 0.08% |
2,024,042
+631,485
| +45% | +$39.9M |
|
180
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $153M | 0.08% |
1,482,400
+654,500
| +79% | +$66.5M |
|
181
Airbnb
ABNB
$86.7B
| $152M | 0.08% |
886,135
+320,110
| +57% | +$51M |
|
|
VG
182
DELISTED
Vonage Holdings Corporation
VG
| $152M | 0.08% |
7,491,765
+2,513,625
| +50% | +$51.5M |
|
183
PUT
Bristol-Myers Squibb
BMY
$128B
| $151M | 0.08% |
2,070,800
+92,500
| +5% | +$6.21M |
|
184
Linde
LIN
$235B
| $151M | 0.08% |
473,264
-176,847
| -27% | -$54.7M |
|
185
Public Service Enterprise Group
PEG
$39.4B
| $151M | 0.08% |
2,157,946
+141,631
| +7% | +$9.38M |
|
186
PUT
CVS Health
CVS
$137B
| $150M | 0.08% |
1,485,400
-1,131,900
| -43% | -$119M |
|
187
PUT
RTX Corp
RTX
$296B
| $150M | 0.08% |
1,512,200
-2,386,800
| -61% | -$226M |
|
188
CALL
AbbVie
ABBV
$457B
| $150M | 0.08% |
922,500
+40,800
| +5% | +$5.93M |
|
189
TJX Companies
TJX
$173B
| $149M | 0.08% |
2,454,945
+2,051,544
| +509% | +$137M |
|
190
CrowdStrike
CRWD
$185B
| $148M | 0.08% |
2,615,200
-495,240
| -16% | -$23.1M |
|
191
PUT
Nike
NKE
$62.5B
| $148M | 0.08% |
1,101,000
-603,900
| -35% | -$84.9M |
|
192
Intuitive Surgical
ISRG
$128B
| $148M | 0.08% |
489,214
-2,731
| -0.6% | -$798K |
|
193
PUT
Freeport-McMoran
FCX
$88.3B
| $147M | 0.08% |
2,964,700
+84,100
| +3% | +$3.72M |
|
194
CALL
Boeing
BA
$167B
| $147M | 0.08% |
769,500
+606,900
| +373% | +$122M |
|
|
B
195
Barrick Mining
B
$62B
| $147M | 0.08% |
6,004,856
+4,434,402
| +282% | +$95.5M |
|
|
196
CALL
AT&T
T
$167B
| $147M | 0.08% |
8,236,604
-1,369,148
| -14% | -$25.3M |
|
197
PUT
Starbucks
SBUX
$119B
| $146M | 0.08% |
1,609,700
-357,600
| -18% | -$33.7M |
|
198
PUT
American Airlines Group
AAL
$9.67B
| $146M | 0.08% |
8,017,100
-775,900
| -9% | -$13.2M |
|
199
Analog Devices
ADI
$179B
| $146M | 0.08% |
883,256
+464,631
| +111% | +$75.3M |
|
200
CALL
Salesforce
CRM
$145B
| $145M | 0.08% |
+683,400
| New | +$147M |
|
Similar funds
Millennium Management's Q1 2022 Portfolio in Review
As of Q1 2022, Millennium Management held 8,193 positions worth $189B, down 4.1% from $197B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Millennium Management's Q1 2022 filing shows 1,492 new, 2,451 increased, 2,453 reduced and 1,365 closed positions. Its largest new stake was Mondelez International: 1,780,636 shares worth $112M. The largest sale was iShares Core S&P 500 ETF, an estimated $1.35B.
By sector, the portfolio is most concentrated in Technology at 7.2% of assets, down from 7.9% a quarter earlier, followed by Financials and Healthcare.
- Millennium Management's largest Q1 2022 buy was Mondelez International: 1,780,636 shares worth $112M.
- Millennium Management added most to iShares MSCI Emerging Markets ETF in Q1 2022, an estimated $554M increase.
- Millennium Management's biggest Q1 2022 reduction was iShares Core S&P 500 ETF, cutting an estimated $1.35B.
- Millennium Management fully exited IHS Markit Ltd. Common Shares in Q1 2022, selling an estimated $532M.
- Millennium Management's ten largest holdings make up 24% of its $189B portfolio in Q1 2022.
- Millennium Management opened 1,492 new positions and closed 1,365 in Q1 2022.
- Millennium Management's portfolio value fell 4.1% quarter-over-quarter to $189B.
Based on Millennium Management's 13F filing for Q1 2022, filed 16 May 2022.