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
|
+$3.7B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$907M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$644M |
| 4 |
NVIDIA
NVDA
|
+$440M |
| 5 |
CRH
CRH
|
+$429M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$689M |
| 2 |
Home Depot
HD
|
+$377M |
| 3 |
Cigna
CI
|
+$322M |
| 4 |
Valero Energy
VLO
|
+$250M |
| 5 |
Amphenol
APH
|
+$242M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.2% |
| 2 | Healthcare | 7.6% |
| 3 | Financials | 5.15% |
| 4 | Consumer Discretionary | 5.03% |
| 5 | Industrials | 4.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
CALL
Bank of America
BAC
$439B
| $134M | 0.07% |
4,905,400
-802,100
| -14% | -$23.7M |
|
252
PUT
McKesson
MCK
$104B
| $133M | 0.07% |
305,300
+18,200
| +6% | +$7.67M |
|
253
Alcoa
AA
$11.7B
| $132M | 0.07% |
4,556,313
+1,395,071
| +44% | +$43.7M |
|
|
FISV
254
PUT
Fiserv Inc
FISV
$28.9B
| $132M | 0.07% |
1,168,700
-26,800
| -2% | -$3.3M |
|
255
HP
HPQ
$25.9B
| $132M | 0.07% |
5,133,312
-883,800
| -15% | -$27.1M |
|
|
256
PUT
Home Depot
HD
$343B
| $132M | 0.07% |
435,400
-172,900
| -28% | -$55.6M |
|
257
Target
TGT
$65.5B
| $131M | 0.07% |
1,187,069
-817,464
| -41% | -$104M |
|
258
PUT
Pinduoduo
PDD
$122B
| $131M | 0.07% |
1,338,300
+935,200
| +232% | +$80.6M |
|
259
Sensata Technologies
ST
$6.8B
| $131M | 0.07% |
3,466,837
+385,977
| +13% | +$15.6M |
|
260
PUT
Freeport-McMoran
FCX
$88.6B
| $131M | 0.07% |
3,514,800
+549,000
| +19% | +$22.1M |
|
|
SGEN
261
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $131M | 0.07% |
617,700
+477,200
| +340% | +$95.3M |
|
262
Lam Research
LRCX
$337B
| $131M | 0.07% |
2,089,820
+1,583,410
| +313% | +$104M |
|
263
Tesla
TSLA
$1.21T
| $131M | 0.07% |
523,087
+407,695
| +353% | +$105M |
|
|
264
Freeport-McMoran
FCX
$88.6B
| $131M | 0.07% |
3,508,665
-324,206
| -8% | -$13.1M |
|
|
265
PUT
Valero Energy
VLO
$88.7B
| $131M | 0.07% |
922,400
+366,300
| +66% | +$48M |
|
266
PUT
Booking.com
BKNG
$154B
| $130M | 0.07% |
1,057,500
+315,000
| +42% | +$38.2M |
|
267
A.O. Smith
AOS
$8.82B
| $130M | 0.07% |
1,967,154
+699,283
| +55% | +$49.6M |
|
268
Royal Caribbean
RCL
$86.5B
| $130M | 0.07% |
1,410,014
-92,718
| -6% | -$9.29M |
|
269
PUT
VanEck Semiconductor ETF
SMH
$63.8B
| $130M | 0.07% |
893,300
-429,500
| -32% | -$65M |
|
|
270
CALL
Booking.com
BKNG
$154B
| $129M | 0.07% |
1,045,000
+837,500
| +404% | +$101M |
|
271
Tapestry
TPR
$30.5B
| $129M | 0.07% |
4,478,836
+3,623,592
| +424% | +$133M |
|
|
JHG
272
DELISTED
Janus Henderson
JHG
| $129M | 0.07% |
4,986,767
+2,369,077
| +91% | +$64.8M |
|
273
Xylem
XYL
$29.7B
| $128M | 0.06% |
1,407,883
-511,230
| -27% | -$52.7M |
|
274
American Tower
AMT
$79.9B
| $128M | 0.06% |
778,145
+536,263
| +222% | +$97.9M |
|
275
CALL
Mastercard
MA
$497B
| $128M | 0.06% |
323,000
-57,600
| -15% | -$23.1M |
|
Similar funds
Millennium Management's Q3 2023 Portfolio in Review
As of Q3 2023, Millennium Management held 6,895 positions worth $198B, down 2.3% from $203B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Millennium Management's Q3 2023 filing shows 836 new, 2,327 increased, 2,312 reduced and 834 closed positions. Its largest new stake was Mobileye: 2,953,164 shares worth $123M. The largest sale was iShares Core S&P 500 ETF, an estimated $689M.
By sector, the portfolio is most concentrated in Technology at 9.2% of assets, up from 8.4% a quarter earlier, followed by Healthcare and Financials.
- Millennium Management's largest Q3 2023 buy was Mobileye: 2,953,164 shares worth $123M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2023, an estimated $3.7B increase.
- Millennium Management's biggest Q3 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $689M.
- Millennium Management fully exited Blackstone in Q3 2023, selling an estimated $178M.
- Millennium Management's ten largest holdings make up 21% of its $198B portfolio in Q3 2023.
- Millennium Management opened 836 new positions and closed 834 in Q3 2023.
- Millennium Management's portfolio value fell 2.3% quarter-over-quarter to $198B.
Based on Millennium Management's 13F filing for Q3 2023, filed 14 Nov 2023.