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 | |
|---|---|---|---|---|---|---|
4226
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14B
| $831K | ﹤0.01% |
15,829
+874
| +6% | +$47.8K |
|
|
CNR
4227
PUT
Core Natural Resources Inc
CNR
$4.06B
| $829K | ﹤0.01% |
7,900
| – | – |
|
4228
Aviat Networks
AVNW
$277M
| $828K | ﹤0.01% |
26,527
-5,136
| -16% | -$162K |
|
4229
Erie Indemnity
ERIE
$12.4B
| $827K | ﹤0.01% |
2,814
-195,075
| -99% | -$50.4M |
|
|
BHR
4230
Braemar Hotels & Resorts
BHR
$146M
| $826K | ﹤0.01% |
298,279
+114,589
| +62% | +$356K |
|
4231
Nuveen Municipal Credit Opportunities Fund
NMCO
$580M
| $825K | ﹤0.01% |
+85,112
| New | +$931K |
|
4232
CALL
Amylyx Pharmaceuticals
AMLX
$2.4B
| $824K | ﹤0.01% |
+45,000
| New | +$952K |
|
4233
PUT
ArcelorMittal
MT
$56.1B
| $823K | ﹤0.01% |
32,900
-185,100
| -85% | -$4.92M |
|
4234
PUT
AGNC Investment
AGNC
$12.8B
| $823K | ﹤0.01% |
87,200
-98,200
| -53% | -$972K |
|
|
KW
4235
DELISTED
Kennedy-Wilson Holdings
KW
| $821K | ﹤0.01% |
+55,710
| New | +$901K |
|
4236
Erasca
ERAS
$6.46B
| $820K | ﹤0.01% |
416,107
-774,429
| -65% | -$1.98M |
|
|
TEF
4237
DELISTED
Telefonica
TEF
| $819K | ﹤0.01% |
201,297
-98,187
| -33% | -$397K |
|
4238
First Busey Corp
BUSE
$2.62B
| $816K | ﹤0.01% |
+42,452
| New | +$876K |
|
|
BDN
4239
Brandywine Realty Trust
BDN
$546M
| $815K | ﹤0.01% |
+179,548
| New | +$855K |
|
|
IRS
4240
IRSA Inversiones y Representaciones
IRS
$1.27B
| $815K | ﹤0.01% |
133,099
+8,591
| +7% | +$64.5K |
|
4241
PUT
Matador Resources
MTDR
$5.99B
| $815K | ﹤0.01% |
+13,700
| New | +$798K |
|
4242
First Watch Restaurant Group
FWRG
$747M
| $814K | ﹤0.01% |
47,067
-193,644
| -80% | -$3.57M |
|
4243
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.8B
| $812K | ﹤0.01% |
11,800
-11,500
| -49% | -$842K |
|
|
AZUL
4244
DELISTED
Azul
AZUL
| $812K | ﹤0.01% |
94,506
-147,820
| -61% | -$1.47M |
|
4245
Coherus Oncology
CHRS
$228M
| $810K | ﹤0.01% |
216,679
-635,789
| -75% | -$2.94M |
|
4246
Vivid Seats
SEAT
$103M
| $810K | ﹤0.01% |
6,305
-36,058
| -85% | -$5.32M |
|
|
AVNS
4247
DELISTED
Avanos Medical
AVNS
| $809K | ﹤0.01% |
40,005
+27,279
| +214% | +$618K |
|
4248
Denison Mines
DNN
$2.73B
| $808K | ﹤0.01% |
+491,259
| New | +$680K |
|
4249
US Foods
USFD
$21.8B
| $808K | ﹤0.01% |
20,349
-873,809
| -98% | -$36.2M |
|
|
NBXG
4250
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.22B
| $808K | ﹤0.01% |
77,521
+44,143
| +132% | +$475K |
|
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.