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 | |
|---|---|---|---|---|---|---|
4451
Silicom
SILC
$237M
| $608K | ﹤0.01% |
23,303
-5,513
| -19% | -$164K |
|
4452
PUT
Xcel Energy
XEL
$48.5B
| $607K | ﹤0.01% |
10,600
-7,400
| -41% | -$445K |
|
4453
Allegion
ALLE
$13.7B
| $604K | ﹤0.01% |
5,798
-543,290
| -99% | -$61.2M |
|
4454
Compass Therapeutics
CMPX
$340M
| $604K | ﹤0.01% |
306,623
+143,157
| +88% | +$354K |
|
4455
Business First Bancshares
BFST
$1.04B
| $604K | ﹤0.01% |
32,189
+6,835
| +27% | +$128K |
|
4456
Veru
VERU
$36.3M
| $601K | ﹤0.01% |
83,558
-14,239
| -15% | -$155K |
|
|
DQ
4457
Daqo New Energy
DQ
$930M
| $600K | ﹤0.01% |
19,816
-11,090
| -36% | -$395K |
|
4458
PUT
Packaging Corp of America
PKG
$22.4B
| $599K | ﹤0.01% |
3,900
-300
| -7% | -$43.8K |
|
4459
Zai Lab
ZLAB
$2.05B
| $598K | ﹤0.01% |
+24,611
| New | +$655K |
|
|
ARI
4460
Apollo Commercial Real Estate
ARI
$892M
| $596K | ﹤0.01% |
58,830
+2,003
| +4% | +$21.8K |
|
4461
Biglari Holdings Class A
BH.A
$1.23B
| $595K | ﹤0.01% |
710
-254
| -26% | -$238K |
|
4462
China Automotive Systems
CAAS
$135M
| $593K | ﹤0.01% |
152,539
-139,878
| -48% | -$647K |
|
|
INBX
4463
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $593K | ﹤0.01% |
32,328
-148,020
| -82% | -$3.1M |
|
4464
HNI Corp
HNI
$3.43B
| $593K | ﹤0.01% |
17,127
-6,056
| -26% | -$186K |
|
|
USAP
4465
DELISTED
Universal Stainless & Alloy
USAP
| $593K | ﹤0.01% |
45,201
+14,099
| +45% | +$198K |
|
4466
Heritage Insurance Holdings
HRTG
$915M
| $592K | ﹤0.01% |
91,265
-67,298
| -42% | -$329K |
|
4467
NACCO Industries
NC
$363M
| $592K | ﹤0.01% |
16,887
-6,675
| -28% | -$227K |
|
|
CVGW
4468
DELISTED
Calavo Growers
CVGW
| $591K | ﹤0.01% |
23,437
+15,526
| +196% | +$505K |
|
4469
Focus Universal
FCUV
$8.08M
| $591K | ﹤0.01% |
761
+125
| +20% | +$88.8K |
|
4470
CALL
Vistra
VST
$52.6B
| $591K | ﹤0.01% |
17,800
-57,600
| -76% | -$1.73M |
|
4471
CALL
First Horizon
FHN
$12.2B
| $590K | ﹤0.01% |
53,500
+13,600
| +34% | +$168K |
|
4472
Pacer US Cash Cows 100 ETF
COWZ
$18.8B
| $588K | ﹤0.01% |
+11,895
| New | +$596K |
|
4473
PUT
Shift4
FOUR
$4.31B
| $587K | ﹤0.01% |
10,600
-236,900
| -96% | -$14.4M |
|
4474
Peoples Bancorp of North Carolina
PEBK
$231M
| $586K | ﹤0.01% |
26,082
-6,741
| -21% | -$140K |
|
4475
Dimensional US Core Equity 2 ETF
DFAC
$48.5B
| $586K | ﹤0.01% |
+22,374
| New | +$611K |
|
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.