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 | |
|---|---|---|---|---|---|---|
4351
Flexsteel Industries
FLXS
$317M
| $705K | ﹤0.01% |
33,939
+9,666
| +40% | +$198K |
|
4352
CALL
Acadia Healthcare
ACHC
$2.85B
| $703K | ﹤0.01% |
+10,000
| New | +$747K |
|
4353
CALL
Ero Copper
ERO
$2.85B
| $703K | ﹤0.01% |
+30,000
| New | +$613K |
|
4354
RUM Group Inc
RUM
$1.71B
| $702K | ﹤0.01% |
137,738
+46,460
| +51% | +$347K |
|
4355
PUT
Burford Capital
BUR
$931M
| $700K | ﹤0.01% |
+50,000
| New | +$681K |
|
4356
McEwen Inc
MUX
$1.07B
| $699K | ﹤0.01% |
107,545
-414,597
| -79% | -$3.12M |
|
|
EBTC
4357
DELISTED
Enterprise Bancorp
EBTC
| $695K | ﹤0.01% |
25,374
+8,781
| +53% | +$257K |
|
4358
CALL
TripAdvisor
TRIP
$1.69B
| $695K | ﹤0.01% |
+41,900
| New | +$684K |
|
|
JOYY
4359
JOYY Inc
JOYY
$3.73B
| $695K | ﹤0.01% |
18,225
-42,155
| -70% | -$1.46M |
|
4360
CALL
Unity
U
$14.6B
| $694K | ﹤0.01% |
+22,100
| New | +$851K |
|
4361
CALL
Rhythm Pharmaceuticals
RYTM
$7.05B
| $692K | ﹤0.01% |
+30,200
| New | +$676K |
|
|
ADAM
4362
Adamas Trust
ADAM
$848M
| $692K | ﹤0.01% |
81,476
+14,092
| +21% | +$133K |
|
4363
Kopin
KOPN
$693M
| $691K | ﹤0.01% |
566,652
+151,442
| +36% | +$245K |
|
4364
CALL
Merit Medical Systems
MMSI
$5.11B
| $690K | ﹤0.01% |
10,000
| – | – |
|
4365
PUT
Burlington
BURL
$23.2B
| $690K | ﹤0.01% |
+5,100
| New | +$818K |
|
4366
PUT
Assurant
AIZ
$14B
| $689K | ﹤0.01% |
4,800
| – | – |
|
4367
Ryan Specialty Holdings
RYAN
$5.65B
| $689K | ﹤0.01% |
14,234
-930,712
| -98% | -$43.1M |
|
4368
Compass Diversified
CODI
$795M
| $687K | ﹤0.01% |
+36,602
| New | +$770K |
|
4369
PUT
Tyson Foods
TSN
$21B
| $687K | ﹤0.01% |
13,600
-13,100
| -49% | -$698K |
|
4370
ING
ING
$101B
| $686K | ﹤0.01% |
52,019
-557,589
| -91% | -$7.85M |
|
4371
PUT
Aclaris Therapeutics
ACRS
$772M
| $685K | ﹤0.01% |
+100,000
| New | +$855K |
|
|
CBAY
4372
PUT
DELISTED
Cymabay Therapeutics
CBAY
| $684K | ﹤0.01% |
+45,900
| New | +$609K |
|
4373
CALL
Royalty Pharma
RPRX
$25.3B
| $684K | ﹤0.01% |
+25,200
| New | +$748K |
|
4374
ACV Auctions
ACVA
$1.36B
| $682K | ﹤0.01% |
44,900
-1,086,418
| -96% | -$17.6M |
|
4375
Barrett Business Services
BBSI
$979M
| $681K | ﹤0.01% |
+30,188
| New | +$696K |
|
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.