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 |
Invesco QQQ Trust
QQQ
|
+$517M |
| 2 |
NXP Semiconductors
NXPI
|
+$351M |
| 3 |
Oracle
ORCL
|
+$279M |
| 4 |
Palo Alto Networks
PANW
|
+$268M |
| 5 |
Boston Scientific
BSX
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CERN
Cerner Corp
CERN
|
+$517M |
| 2 |
ExxonMobil
XOM
|
+$385M |
| 3 |
Cenovus Energy
CVE
|
+$292M |
| 4 |
PLAN
Anaplan, Inc.
PLAN
|
+$236M |
| 5 |
Phillips 66
PSX
|
+$222M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.76% |
| 2 | Financials | 7.62% |
| 3 | Healthcare | 7.1% |
| 4 | Industrials | 5.08% |
| 5 | Consumer Discretionary | 4.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
PUT
Invesco QQQ Trust
QQQ
$480B
| $5.9B | 3.66% |
21,043,000
+131,200
| +0.6% | +$40.7M |
|
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$819B
| $5.5B | 3.42% |
14,591,700
-1,024,800
| -7% | -$420M |
|
|
3
CALL
Invesco QQQ Trust
QQQ
$480B
| $4.9B | 3.04% |
17,489,500
+5,996,200
| +52% | +$1.86B |
|
4
PUT
iShares Russell 2000 ETF
IWM
$82.5B
| $4.47B | 2.77% |
26,400,200
+4,453,900
| +20% | +$821M |
|
5
PUT
Apple
AAPL
$4.54T
| $3.3B | 2.05% |
24,144,700
-2,579,500
| -10% | -$391M |
|
6
PUT
Tesla
TSLA
$1.27T
| $3.24B | 2.01% |
14,446,200
-65,100
| -0.4% | -$17.8M |
|
|
7
CALL
iShares Russell 2000 ETF
IWM
$82.5B
| $3.01B | 1.87% |
17,778,800
+4,337,500
| +32% | +$800M |
|
|
8
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$819B
| $2.91B | 1.81% |
7,713,400
+4,266,700
| +124% | +$1.75B |
|
9
PUT
Amazon
AMZN
$2.94T
| $1.97B | 1.22% |
18,564,500
-4,037,500
| -18% | -$505M |
|
10
PUT
Alphabet (Google) Class A
GOOGL
$4.43T
| $1.58B | 0.98% |
14,510,000
-812,000
| -5% | -$95.6M |
|
|
11
CALL
Apple
AAPL
$4.54T
| $1.57B | 0.97% |
11,481,100
-2,465,800
| -18% | -$373M |
|
12
PUT
Microsoft
MSFT
$3.62T
| $1.56B | 0.97% |
6,065,400
+280,200
| +5% | +$76M |
|
|
13
CALL
Amazon
AMZN
$2.94T
| $1.16B | 0.72% |
10,931,700
+2,493,700
| +30% | +$312M |
|
|
14
CALL
Tesla
TSLA
$1.27T
| $1.04B | 0.65% |
4,650,300
+1,113,300
| +31% | +$304M |
|
15
PUT
State Street Energy Select Sector SPDR ETF
XLE
$37.6B
| $891M | 0.55% |
24,913,000
-3,761,800
| -13% | -$151M |
|
16
PUT
Meta Platforms (Facebook)
META
$1.5T
| $881M | 0.55% |
5,460,900
+265,300
| +5% | +$51.2M |
|
|
17
CALL
Microsoft
MSFT
$3.62T
| $873M | 0.54% |
3,400,700
+1,228,700
| +57% | +$333M |
|
|
18
Invesco QQQ Trust
QQQ
$480B
| $604M | 0.37% |
2,155,241
+1,665,146
| +340% | +$517M |
|
19
PUT
Alibaba
BABA
$308B
| $599M | 0.37% |
5,269,400
-1,908,400
| -27% | -$187M |
|
20
PUT
NVIDIA
NVDA
$5.31T
| $567M | 0.35% |
37,407,000
-4,717,000
| -11% | -$89M |
|
21
PUT
Advanced Micro Devices
AMD
$786B
| $538M | 0.33% |
7,034,300
+712,400
| +11% | +$66.7M |
|
22
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.49B
| $504M | 0.31% |
4,217,700
-145,200
| -3% | -$20.4M |
|
23
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.7B
| $480M | 0.3% |
1,559,600
+533,000
| +52% | +$174M |
|
24
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.71B
| $467M | 0.29% |
8,032,800
+1,324,900
| +20% | +$82.7M |
|
|
25
CALL
Alibaba
BABA
$308B
| $461M | 0.29% |
4,053,900
-1,164,300
| -22% | -$114M |
|
Similar funds
Millennium Management's Q2 2022 Portfolio in Review
As of Q2 2022, Millennium Management held 7,971 positions worth $161B, down 15% from $189B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Millennium Management deployed $7.95B of net new capital in Q2 2022, opening 1,145 new positions and adding to 2,588 existing holdings. Its largest new stake was M&T Bank: 828,809 shares worth $132M.
By sector, the portfolio is most concentrated in Technology at 7.8% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was ExxonMobil, an estimated $385M trimmed.
- Millennium Management's largest Q2 2022 buy was M&T Bank: 828,809 shares worth $132M.
- Millennium Management added most to Invesco QQQ Trust in Q2 2022, an estimated $517M increase.
- Millennium Management's biggest Q2 2022 reduction was ExxonMobil, cutting an estimated $385M.
- Millennium Management fully exited Cerner Corp in Q2 2022, selling an estimated $517M.
- Millennium Management's ten largest holdings make up 23% of its $161B portfolio in Q2 2022.
- Millennium Management opened 1,145 new positions and closed 1,065 in Q2 2022.
- Millennium Management's portfolio value fell 15% quarter-over-quarter to $161B.
Based on Millennium Management's 13F filing for Q2 2022, filed 15 Aug 2022.