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 | |
|---|---|---|---|---|---|---|
4101
Carter Bankshares
CARE
$766M
| $851K | ﹤0.01% |
57,540
+15,256
| +36% | +$216K |
|
|
HAYN
4102
DELISTED
Haynes International, Inc.
HAYN
| $849K | ﹤0.01% |
16,708
-3,687
| -18% | -$175K |
|
4103
Oak Valley Bancorp
OVLY
$285M
| $847K | ﹤0.01% |
33,622
-29,249
| -47% | -$711K |
|
4104
Hydrofarm Holdings
HYFM
$2.57M
| $847K | ﹤0.01% |
108,257
+78,305
| +261% | +$936K |
|
4105
Relmada Therapeutics
RLMD
$557M
| $846K | ﹤0.01% |
343,975
+141,647
| +70% | +$392K |
|
4106
OraSure Technologies
OSUR
$279M
| $845K | ﹤0.01% |
168,692
-966,536
| -85% | -$5.8M |
|
4107
CALL
Vipshop
VIPS
$7.37B
| $845K | ﹤0.01% |
+51,200
| New | +$802K |
|
4108
CALL
Protagonist Therapeutics
PTGX
$8.79B
| $842K | ﹤0.01% |
+30,500
| New | +$763K |
|
|
CCRN
4109
CALL
DELISTED
Cross Country Healthcare
CCRN
| $842K | ﹤0.01% |
+30,000
| New | +$745K |
|
|
AZPN
4110
DELISTED
Aspen Technology Inc
AZPN
| $841K | ﹤0.01% |
5,018
+1,225
| +32% | +$227K |
|
|
4111
PUT
Vipshop
VIPS
$7.37B
| $840K | ﹤0.01% |
+50,900
| New | +$797K |
|
4112
CALL
Transmedics
TMDX
$2.64B
| $840K | ﹤0.01% |
+10,000
| New | +$766K |
|
4113
Workhorse Group
WKHS
$33.2M
| $837K | ﹤0.01% |
320
-68
| -18% | -$196K |
|
4114
CALL
Merit Medical Systems
MMSI
$5.08B
| $836K | ﹤0.01% |
+10,000
| New | +$813K |
|
4115
iShares MSCI Indonesia ETF
EIDO
$480M
| $836K | ﹤0.01% |
36,270
-29,253
| -45% | -$693K |
|
|
BRFS
4116
DELISTED
BRF SA
BRFS
| $829K | ﹤0.01% |
436,213
-3,670,058
| -89% | -$5.66M |
|
4117
CALL
QuidelOrtho
QDEL
$1.14B
| $829K | ﹤0.01% |
+10,000
| New | +$875K |
|
4118
Vornado Realty Trust
VNO
$7.41B
| $827K | ﹤0.01% |
45,600
-99,758
| -69% | -$1.47M |
|
4119
Meridian
MRBK
$234M
| $826K | ﹤0.01% |
84,308
-6,912
| -8% | -$69.9K |
|
|
UDMY
4120
DELISTED
Udemy
UDMY
| $821K | ﹤0.01% |
76,495
-36,360
| -32% | -$347K |
|
4121
PMV Pharmaceuticals
PMVP
$59.2M
| $817K | ﹤0.01% |
130,539
-211,613
| -62% | -$1.11M |
|
4122
Thryv Holdings
THRY
$180M
| $817K | ﹤0.01% |
+33,216
| New | +$773K |
|
|
MRSN
4123
CALL
DELISTED
Mersana Therapeutics
MRSN
| $817K | ﹤0.01% |
+9,932
| New | +$1.45M |
|
4124
Adient
ADNT
$1.65B
| $817K | ﹤0.01% |
21,317
-52,871
| -71% | -$1.95M |
|
4125
NACCO Industries
NC
$357M
| $817K | ﹤0.01% |
23,562
-1,403
| -6% | -$48K |
|
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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.