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 | |
|---|---|---|---|---|---|---|
|
APLS
2201
DELISTED
Apellis Pharmaceuticals
APLS
| $6.8M | ﹤0.01% |
158,571
-83,143
| -34% | -$3.93M |
|
|
PTR
2202
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $6.8M | ﹤0.01% |
188,155
+18,307
| +11% | +$633K |
|
2203
Vornado Realty Trust
VNO
$7.38B
| $6.8M | ﹤0.01% |
149,758
+108,897
| +267% | +$4.51M |
|
2204
PUT
iShares US Home Construction ETF
ITB
$2.41B
| $6.79M | ﹤0.01% |
+100,000
| New | +$6.17M |
|
|
KLAQU
2205
DELISTED
KL Acquisition Corp Unit
KLAQU
| $6.78M | ﹤0.01% |
+684,000
| New | +$7.02M |
|
|
BCOV
2206
DELISTED
Brightcove, Inc.
BCOV
| $6.78M | ﹤0.01% |
336,729
+46,349
| +16% | +$930K |
|
|
OEPW
2207
DELISTED
One Equity Partners Open Water I Corp. Class A Common Stock
OEPW
| $6.77M | ﹤0.01% |
+694,104
| New | +$6.77M |
|
2208
Radian Group
RDN
$4.93B
| $6.76M | ﹤0.01% |
290,768
-423,023
| -59% | -$9M |
|
|
SIX
2209
DELISTED
Six Flags Entertainment Corp.
SIX
| $6.76M | ﹤0.01% |
145,395
-20,183
| -12% | -$841K |
|
2210
AXIS Capital
AXS
$7.55B
| $6.75M | ﹤0.01% |
136,264
+17,443
| +15% | +$874K |
|
|
VNE
2211
DELISTED
Veoneer, Inc.
VNE
| $6.75M | ﹤0.01% |
275,586
+8,469
| +3% | +$221K |
|
2212
FirstService
FSV
$6.32B
| $6.75M | ﹤0.01% |
45,516
-24,293
| -35% | -$3.54M |
|
2213
Lincoln National
LNC
$8.81B
| $6.73M | ﹤0.01% |
108,142
-360,408
| -77% | -$19.9M |
|
2214
Cogent Biosciences
COGT
$7.24B
| $6.73M | ﹤0.01% |
766,326
+720,323
| +1,566% | +$6.93M |
|
|
FLG
2215
Flagstar Bank National Association
FLG
$5.82B
| $6.72M | ﹤0.01% |
177,440
+119,077
| +204% | +$4.12M |
|
|
ITQRU
2216
DELISTED
Itiquira Acquisition Corp. Unit
ITQRU
| $6.71M | ﹤0.01% |
+675,000
| New | +$6.84M |
|
|
TACA
2217
DELISTED
Trepont Acquisition Corp I
TACA
| $6.7M | ﹤0.01% |
+683,132
| New | +$6.93M |
|
2218
Federal Signal
FSS
$7.83B
| $6.7M | ﹤0.01% |
174,898
-321,985
| -65% | -$11.6M |
|
|
CVAC
2219
DELISTED
CureVac
CVAC
| $6.7M | ﹤0.01% |
73,235
+61,030
| +500% | +$5.92M |
|
|
Y
2220
DELISTED
Alleghany Corp
Y
| $6.7M | ﹤0.01% |
10,694
+5,693
| +114% | +$3.52M |
|
2221
First Hawaiian
FHB
$3.35B
| $6.7M | ﹤0.01% |
244,644
+172,680
| +240% | +$4.64M |
|
|
NVTA
2222
CALL
DELISTED
Invitae Corporation
NVTA
| $6.69M | ﹤0.01% |
175,000
-140,400
| -45% | -$6.38M |
|
|
GHACU
2223
DELISTED
Gaming & Hospitality Acquisition Corp. Unit
GHACU
| $6.68M | ﹤0.01% |
+675,000
| New | +$6.87M |
|
2224
Gold Fields
GFI
$36.5B
| $6.68M | ﹤0.01% |
704,115
-762,012
| -52% | -$7.09M |
|
2225
Grindr
GRND
$2.95B
| $6.68M | ﹤0.01% |
+665,582
| New | +$7.01M |
|
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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.