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 | |
|---|---|---|---|---|---|---|
1976
Insulet
PODD
$11.5B
| $11.4M | 0.01% |
42,752
+37,795
| +762% | +$11M |
|
|
AMRN
1977
Amarin Corp
AMRN
$299M
| $11.4M | 0.01% |
168,476
+101,503
| +152% | +$8.4M |
|
|
HERAU
1978
DELISTED
FTAC Hera Acquisition Corp. Units
HERAU
| $11.4M | 0.01% |
1,131,004
-150,000
| -12% | -$1.5M |
|
|
IPG
1979
DELISTED
Interpublic Group of Companies
IPG
| $11.3M | 0.01% |
302,743
+232,934
| +334% | +$8.47M |
|
1980
CALL
Whirlpool
WHR
$2.43B
| $11.3M | 0.01% |
48,300
+3,100
| +7% | +$681K |
|
|
NSTG
1981
DELISTED
NanoString Technologies, Inc.
NSTG
| $11.3M | 0.01% |
267,947
-254,128
| -49% | -$11.1M |
|
1982
PUT
Sony
SONY
$137B
| $11.3M | 0.01% |
447,000
| – | – |
|
1983
CALL
Expedia Group
EXPE
$35.4B
| $11.3M | 0.01% |
62,400
-42,600
| -41% | -$7.24M |
|
|
ONEM
1984
DELISTED
1Life Healthcare
ONEM
| $11.3M | 0.01% |
640,802
+104,743
| +20% | +$2.03M |
|
1985
ARK Innovation ETF
ARKK
$5.64B
| $11.3M | 0.01% |
118,994
-247,586
| -68% | -$27M |
|
|
RMGC
1986
DELISTED
RMG Acquisition Corp. III Class A Ordinary Shares
RMGC
| $11.3M | 0.01% |
1,152,121
+624,959
| +119% | +$6.1M |
|
|
NVEI
1987
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $11.3M | 0.01% |
+91,660
| New | +$9.03M |
|
1988
HEICO Corp
HEI
$49.8B
| $11.3M | 0.01% |
78,031
-43,221
| -36% | -$6.09M |
|
1989
CarGurus
CARG
$3.27B
| $11.3M | 0.01% |
334,519
+267,550
| +400% | +$9.4M |
|
1990
Standard Motor Products
SMP
$851M
| $11.2M | 0.01% |
214,234
+187,231
| +693% | +$9.39M |
|
1991
Beam Therapeutics
BEAM
$2.63B
| $11.2M | 0.01% |
140,650
-86,339
| -38% | -$7.39M |
|
1992
Abercrombie & Fitch
ANF
$4.42B
| $11.2M | 0.01% |
321,184
+41,421
| +15% | +$1.62M |
|
|
CHAA
1993
DELISTED
Catcha Investment Corp
CHAA
| $11.2M | 0.01% |
1,145,086
-154,501
| -12% | -$1.51M |
|
1994
Virtus Investment Partners
VRTS
$1.06B
| $11.2M | 0.01% |
37,642
-44,380
| -54% | -$13.8M |
|
|
CSII
1995
DELISTED
Cardiovascular Systems, Inc.
CSII
| $11.2M | 0.01% |
594,695
+462,514
| +350% | +$12.3M |
|
1996
ZipRecruiter
ZIP
$321M
| $11.2M | 0.01% |
+447,718
| New | +$12.3M |
|
1997
Compass Minerals
CMP
$1.23B
| $11.1M | 0.01% |
218,197
+171,062
| +363% | +$10.4M |
|
1998
Repay Holdings
RPAY
$331M
| $11.1M | 0.01% |
609,191
-385,490
| -39% | -$7.57M |
|
|
JKS
1999
JinkoSolar
JKS
$793M
| $11.1M | 0.01% |
242,153
+191,630
| +379% | +$9.91M |
|
|
IS
2000
DELISTED
ironSource Ltd.
IS
| $11.1M | 0.01% |
1,436,622
+1,050,219
| +272% | +$10.3M |
|
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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.