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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$643M |
| 2 |
AT&T
T
|
+$311M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$306M |
| 4 |
Microsoft
MSFT
|
+$292M |
| 5 |
Ametek
AME
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$887M |
| 2 |
Apple
AAPL
|
+$694M |
| 3 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$616M |
| 4 |
Amazon
AMZN
|
+$596M |
| 5 |
Linde
LIN
|
+$531M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.39% |
| 2 | Financials | 6.67% |
| 3 | Healthcare | 6.18% |
| 4 | Industrials | 4.97% |
| 5 | Consumer Discretionary | 4.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
YTPG
2026
DELISTED
TPG Pace Beneficial II Corp.
YTPG
| $9.92M | 0.01% |
1,008,407
-112,200
| -10% | -$1.11M |
|
2027
CALL
SLB Ltd
SLB
$73.8B
| $9.92M | 0.01% |
334,600
-314,700
| -48% | -$9.02M |
|
2028
Equinix
EQIX
$101B
| $9.91M | 0.01% |
12,548
+5,450
| +77% | +$4.53M |
|
2029
PUT
Hilton Worldwide
HLT
$72.3B
| $9.91M | 0.01% |
75,000
| – | – |
|
|
TMX
2030
DELISTED
Terminix Global Holdings, Inc.
TMX
| $9.9M | 0.01% |
237,639
+169,709
| +250% | +$7.81M |
|
2031
Martin Marietta Materials
MLM
$31.5B
| $9.9M | 0.01% |
28,978
+20,147
| +228% | +$7.33M |
|
2032
PUT
Enphase Energy
ENPH
$5B
| $9.9M | 0.01% |
66,000
+28,600
| +76% | +$4.91M |
|
|
NUVA
2033
DELISTED
NuVasive, Inc.
NUVA
| $9.89M | 0.01% |
165,266
-121,132
| -42% | -$7.47M |
|
2034
PUT
Sony
SONY
$137B
| $9.89M | 0.01% |
447,000
| – | – |
|
2035
CALL
Five Below
FIVE
$12B
| $9.87M | 0.01% |
+55,800
| New | +$11.1M |
|
|
BACA.U
2036
DELISTED
Berenson Acquisition Corp. I Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
BACA.U
| $9.86M | 0.01% |
+1,000,000
| New | +$9.85M |
|
2037
PUT
Cigna
CI
$74.4B
| $9.85M | 0.01% |
49,200
+3,300
| +7% | +$718K |
|
2038
Under Armour Class C
UA
$2.78B
| $9.84M | 0.01% |
561,855
-96,084
| -15% | -$1.84M |
|
2039
SLM Corp
SLM
$4.9B
| $9.84M | 0.01% |
559,278
-987,989
| -64% | -$18.5M |
|
2040
Evolent Health
EVH
$340M
| $9.84M | 0.01% |
317,300
+52,767
| +20% | +$1.27M |
|
|
PWSC
2041
DELISTED
PowerSchool Holdings, Inc.
PWSC
| $9.82M | 0.01% |
+399,060
| New | +$11.1M |
|
|
SDST
2042
Stardust Power Inc
SDST
$5.67M
| $9.81M | 0.01% |
101,122
+49,820
| +97% | +$4.84M |
|
2043
PUT
Cencora
COR
$60.8B
| $9.81M | 0.01% |
+82,100
| New | +$9.86M |
|
|
FXLV
2044
DELISTED
F45 Training Holdings Inc.
FXLV
| $9.81M | 0.01% |
+655,467
| New | +$9.61M |
|
2045
EnerSys
ENS
$6.82B
| $9.8M | 0.01% |
131,686
+108,434
| +466% | +$9.62M |
|
2046
Keysight
KEYS
$55B
| $9.78M | 0.01% |
59,553
+7,100
| +14% | +$1.19M |
|
2047
PUT
Floor & Decor
FND
$6.29B
| $9.77M | 0.01% |
+80,900
| New | +$9.65M |
|
|
FTVI
2048
DELISTED
FinTech Acquisition Corp. VI Class A Common Stock
FTVI
| $9.76M | 0.01% |
+1,000,000
| New | +$9.74M |
|
|
2049
PUT
Keysight
KEYS
$55B
| $9.76M | 0.01% |
59,400
+30,200
| +103% | +$5.07M |
|
2050
CALL
lululemon athletica
LULU
$13.5B
| $9.75M | 0.01% |
24,100
| – | – |
|
Similar funds
Millennium Management's Q3 2021 Portfolio in Review
As of Q3 2021, Millennium Management held 7,698 positions worth $167B, up 2.3% from $163B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Millennium Management deployed $8.65B of net new capital in Q3 2021, opening 1,244 new positions and adding to 2,720 existing holdings. Its largest new stake was Sight Sciences: 1,577,092 shares worth $35.8M.
By sector, the portfolio is most concentrated in Technology at 7.4% of assets, down from 7.8% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Apple, an estimated $694M trimmed.
- Millennium Management's largest Q3 2021 buy was Sight Sciences: 1,577,092 shares worth $35.8M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2021, an estimated $643M increase.
- Millennium Management's biggest Q3 2021 reduction was Apple, cutting an estimated $694M.
- Millennium Management fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $887M.
- Millennium Management's ten largest holdings make up 18% of its $167B portfolio in Q3 2021.
- Millennium Management opened 1,244 new positions and closed 981 in Q3 2021.
- Millennium Management's portfolio value rose 2.3% quarter-over-quarter to $167B.
Based on Millennium Management's 13F filing for Q3 2021, filed 15 Nov 2021.