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 | |
|---|---|---|---|---|---|---|
1
PUT
Invesco QQQ Trust
QQQ
$455B
| $5.25B | 3.75% |
16,439,500
+3,509,200
| +27% | +$1.12B |
|
2
PUT
Apple
AAPL
$4.89T
| $3.94B | 2.82% |
32,255,800
+12,830,400
| +66% | +$1.65B |
|
3
PUT
Amazon
AMZN
$2.5T
| $3.78B | 2.7% |
24,402,000
+3,906,000
| +19% | +$619M |
|
|
4
PUT
iShares Russell 2000 ETF
IWM
$80.9B
| $3.77B | 2.7% |
17,070,900
-1,141,900
| -6% | -$249M |
|
|
5
CALL
Invesco QQQ Trust
QQQ
$455B
| $2.36B | 1.69% |
7,385,600
+2,870,700
| +64% | +$918M |
|
|
6
CALL
iShares Russell 2000 ETF
IWM
$80.9B
| $2.24B | 1.6% |
10,150,700
+561,800
| +6% | +$123M |
|
|
7
PUT
Microsoft
MSFT
$2.84T
| $2.23B | 1.59% |
9,446,300
+598,200
| +7% | +$139M |
|
8
PUT
Alibaba
BABA
$269B
| $2.13B | 1.52% |
9,397,900
+2,699,800
| +40% | +$663M |
|
|
9
Apple
AAPL
$4.89T
| $2B | 1.43% |
16,346,510
-1,866,461
| -10% | -$240M |
|
10
PUT
Tesla
TSLA
$1.24T
| $1.83B | 1.31% |
8,226,900
-3,882,600
| -32% | -$975M |
|
|
11
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $1.48B | 1.06% |
3,736,400
+264,900
| +8% | +$102M |
|
12
PUT
Meta Platforms (Facebook)
META
$1.51T
| $1.19B | 0.85% |
4,042,500
-460,900
| -10% | -$124M |
|
|
13
Amazon
AMZN
$2.5T
| $1.06B | 0.76% |
6,849,480
-1,631,140
| -19% | -$259M |
|
|
14
PUT
NVIDIA
NVDA
$5.01T
| $1.05B | 0.75% |
78,372,000
-21,088,000
| -21% | -$283M |
|
|
15
CALL
Amazon
AMZN
$2.5T
| $985M | 0.7% |
6,364,000
-2,946,000
| -32% | -$467M |
|
16
PUT
Alphabet (Google) Class A
GOOGL
$3.91T
| $972M | 0.7% |
9,426,000
+1,358,000
| +17% | +$134M |
|
17
PUT
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $956M | 0.68% |
14,399,000
+3,573,200
| +33% | +$236M |
|
|
18
Alibaba
BABA
$269B
| $914M | 0.65% |
4,030,109
-90,305
| -2% | -$22.2M |
|
|
19
CALL
Alibaba
BABA
$269B
| $900M | 0.64% |
3,971,000
+645,200
| +19% | +$158M |
|
20
PUT
Netflix
NFLX
$292B
| $867M | 0.62% |
16,619,000
-495,000
| -3% | -$26.3M |
|
|
21
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $866M | 0.62% |
2,185,600
+381,100
| +21% | +$147M |
|
22
PUT
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $745M | 0.53% |
21,886,900
+9,629,600
| +79% | +$309M |
|
|
23
CALL
Microsoft
MSFT
$2.84T
| $713M | 0.51% |
3,025,800
+55,300
| +2% | +$12.8M |
|
|
24
Meta Platforms (Facebook)
META
$1.51T
| $676M | 0.48% |
2,296,317
-1,888,568
| -45% | -$509M |
|
|
25
PUT
Intel
INTC
$464B
| $646M | 0.46% |
10,086,000
+2,227,200
| +28% | +$133M |
|
Similar funds
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.