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
|
+$1.59B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.04B |
| 3 |
Microsoft
MSFT
|
+$794M |
| 4 |
Home Depot
HD
|
+$512M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$357M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$491M |
| 2 |
Linde
LIN
|
+$373M |
| 3 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$298M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$290M |
| 5 |
Salesforce
CRM
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.37% |
| 2 | Healthcare | 7.45% |
| 3 | Consumer Discretionary | 5.14% |
| 4 | Industrials | 5.1% |
| 5 | Financials | 4.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AVTA
2501
DELISTED
Avantax, Inc. Common Stock
AVTA
| $5.72M | ﹤0.01% |
255,683
+216,591
| +554% | +$5.1M |
|
2502
C.H. Robinson
CHRW
$17.3B
| $5.72M | ﹤0.01% |
60,633
+7,441
| +14% | +$719K |
|
2503
CALL
CSX Corp
CSX
$93B
| $5.72M | ﹤0.01% |
167,700
-289,200
| -63% | -$9.15M |
|
|
CERE
2504
DELISTED
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
| $5.72M | ﹤0.01% |
179,795
-285,195
| -61% | -$8.75M |
|
|
WW
2505
PUT
DELISTED
WW International
WW
| $5.71M | ﹤0.01% |
+850,000
| New | +$6.03M |
|
2506
PUT
NetEase
NTES
$84.4B
| $5.7M | ﹤0.01% |
+59,000
| New | +$5.33M |
|
2507
XBiotech
XBIT
$68.3M
| $5.7M | ﹤0.01% |
959,758
+914,107
| +2,002% | +$4.12M |
|
2508
Lakeland Financial Corp
LKFN
$1.56B
| $5.7M | ﹤0.01% |
117,413
-28,452
| -20% | -$1.49M |
|
2509
PUT
Glaukos
GKOS
$9.9B
| $5.7M | ﹤0.01% |
80,000
+40,000
| +100% | +$2.3M |
|
2510
CALL
Skyworks Solutions
SWKS
$9.4B
| $5.69M | ﹤0.01% |
51,400
+22,400
| +77% | +$2.36M |
|
2511
Accel Entertainment
ACEL
$973M
| $5.68M | ﹤0.01% |
537,427
+323,865
| +152% | +$3.04M |
|
2512
Trupanion
TRUP
$1.07B
| $5.68M | ﹤0.01% |
288,375
+264,895
| +1,128% | +$7.47M |
|
2513
California Resources
CRC
$4.53B
| $5.67M | ﹤0.01% |
125,241
-938,298
| -88% | -$38.1M |
|
2514
Vital Farms
VITL
$536M
| $5.67M | ﹤0.01% |
472,859
+248,393
| +111% | +$3.47M |
|
2515
CALL
T. Rowe Price
TROW
$25.6B
| $5.67M | ﹤0.01% |
50,600
-6,500
| -11% | -$712K |
|
|
DOCU
2516
PUT
DocuSign
DOCU
$10.4B
| $5.65M | ﹤0.01% |
110,600
+51,200
| +86% | +$2.71M |
|
2517
CALL
Southern Company
SO
$106B
| $5.64M | ﹤0.01% |
80,300
-350,600
| -81% | -$25.1M |
|
2518
Sociedad Química y Minera de Chile
SQM
$19.5B
| $5.64M | ﹤0.01% |
77,668
-379,545
| -83% | -$27M |
|
2519
PUT
ResMed
RMD
$30.3B
| $5.64M | ﹤0.01% |
+25,800
| New | +$5.75M |
|
2520
CALL
Twilio
TWLO
$29B
| $5.62M | ﹤0.01% |
88,400
-129,500
| -59% | -$7.64M |
|
2521
UBS Group
UBS
$175B
| $5.6M | ﹤0.01% |
276,285
+60,933
| +28% | +$1.23M |
|
|
SLVR
2522
DELISTED
SilverSPAC Inc. Class A Ordinary Share
SLVR
| $5.6M | ﹤0.01% |
539,069
| – | – |
|
2523
AMC Global Media
AMCX
$427M
| $5.59M | ﹤0.01% |
467,940
+244,120
| +109% | +$3.52M |
|
2524
Charter Communications
CHTR
$16.9B
| $5.59M | ﹤0.01% |
15,209
-161,594
| -91% | -$55.1M |
|
2525
CALL
Otis Worldwide
OTIS
$27.3B
| $5.58M | ﹤0.01% |
62,700
-1,100
| -2% | -$92.7K |
|
Similar funds
Millennium Management's Q2 2023 Portfolio in Review
As of Q2 2023, Millennium Management held 7,181 positions worth $203B, up 16% from $174B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Millennium Management deployed $14B of net new capital in Q2 2023, opening 869 new positions and adding to 2,214 existing holdings. Its largest new stake was ResMed: 632,015 shares worth $138M.
By sector, the portfolio is most concentrated in Technology at 8.4% of assets, up from 8.4% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Tesla, an estimated $491M trimmed.
- Millennium Management's largest Q2 2023 buy was ResMed: 632,015 shares worth $138M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q2 2023, an estimated $1.59B increase.
- Millennium Management's biggest Q2 2023 reduction was Tesla, cutting an estimated $491M.
- Millennium Management fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $237M.
- Millennium Management's ten largest holdings make up 26% of its $203B portfolio in Q2 2023.
- Millennium Management opened 869 new positions and closed 1,192 in Q2 2023.
- Millennium Management's portfolio value rose 16% quarter-over-quarter to $203B.
Based on Millennium Management's 13F filing for Q2 2023, filed 14 Aug 2023.