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 | |
|---|---|---|---|---|---|---|
326
Aptiv
APTV
$12.6B
| $115M | 0.06% |
1,161,511
-76,901
| -6% | -$7.95M |
|
327
PUT
Merck
MRK
$326B
| $114M | 0.06% |
1,108,500
+262,900
| +31% | +$28.3M |
|
328
Synopsys
SNPS
$73.5B
| $113M | 0.06% |
247,072
-285,913
| -54% | -$128M |
|
329
CALL
iShares MSCI EAFE ETF
EFA
$76.8B
| $112M | 0.06% |
1,630,000
-802,800
| -33% | -$57.5M |
|
330
Eastman Chemical
EMN
$7.79B
| $111M | 0.06% |
1,449,189
-1,181,434
| -45% | -$98M |
|
|
ATVI
331
PUT
DELISTED
Activision Blizzard
ATVI
| $111M | 0.06% |
1,183,100
+255,100
| +27% | +$23.3M |
|
332
Brixmor Property Group
BRX
$9.77B
| $111M | 0.06% |
5,329,368
-188,119
| -3% | -$4.17M |
|
333
KLA
KLAC
$249B
| $110M | 0.06% |
2,408,630
-990,800
| -29% | -$47.5M |
|
334
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.3B
| $110M | 0.06% |
1,084,300
-149,800
| -12% | -$16M |
|
335
Lyft
LYFT
$5.87B
| $110M | 0.06% |
10,426,654
+5,710,562
| +121% | +$63.6M |
|
336
PUT
Paycom
PAYC
$7.54B
| $110M | 0.06% |
422,900
+418,900
| +10,473% | +$128M |
|
337
PUT
Ulta Beauty
ULTA
$21.6B
| $109M | 0.06% |
273,800
-5,600
| -2% | -$2.45M |
|
338
PUT
CrowdStrike
CRWD
$185B
| $109M | 0.06% |
2,610,800
+1,877,200
| +256% | +$72.9M |
|
339
CALL
Boeing
BA
$175B
| $109M | 0.05% |
567,600
+103,300
| +22% | +$22.6M |
|
340
CALL
Gilead Sciences
GILD
$167B
| $109M | 0.05% |
1,449,700
+474,500
| +49% | +$36.5M |
|
341
FMC
FMC
$1.37B
| $108M | 0.05% |
1,618,043
+1,119,372
| +224% | +$96.9M |
|
342
Cooper Companies
COO
$14.1B
| $108M | 0.05% |
1,359,648
-539,296
| -28% | -$49.7M |
|
343
CALL
JPMorgan Chase
JPM
$950B
| $108M | 0.05% |
744,000
-1,521,500
| -67% | -$228M |
|
344
CALL
Palo Alto Networks
PANW
$260B
| $108M | 0.05% |
920,000
-155,000
| -14% | -$18.3M |
|
345
Rivian
RIVN
$24.2B
| $108M | 0.05% |
4,437,356
+2,583,728
| +139% | +$60.3M |
|
346
MarketAxess Holdings
MKTX
$4.34B
| $108M | 0.05% |
504,246
+222,341
| +79% | +$53.9M |
|
347
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $107M | 0.05% |
319,600
-78,900
| -20% | -$27.4M |
|
|
HZNP
348
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $106M | 0.05% |
919,300
-160,200
| -15% | -$17.2M |
|
349
Twilio
TWLO
$29.5B
| $106M | 0.05% |
1,804,380
-361,946
| -17% | -$22.6M |
|
350
CALL
McDonald's
MCD
$194B
| $104M | 0.05% |
395,500
+43,200
| +12% | +$12.3M |
|
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.