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 | |
|---|---|---|---|---|---|---|
4526
BGSF Inc
BGSF
$59.5M
| $468K | ﹤0.01% |
49,073
+13,418
| +38% | +$129K |
|
|
PCTI
4527
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $467K | ﹤0.01% |
97,436
-120,599
| -55% | -$567K |
|
4528
Madison Square Garden
MSGE
$3.65B
| $466K | ﹤0.01% |
+13,867
| New | +$476K |
|
4529
Crawford & Co Class B
CRD.B
$491M
| $465K | ﹤0.01% |
49,548
+21,034
| +74% | +$179K |
|
4530
PUT
Horizon Technology Finance
HRZN
$295M
| $464K | ﹤0.01% |
+38,400
| New | +$460K |
|
4531
Novavax
NVAX
$1.2B
| $463K | ﹤0.01% |
62,266
+12,009
| +24% | +$94.4K |
|
|
ETX
4532
Eaton Vance Municipal Income 2028 Term Trust
ETX
$198M
| $462K | ﹤0.01% |
+26,286
| New | +$472K |
|
4533
Perimeter Solutions
PRM
$4.99B
| $462K | ﹤0.01% |
+75,082
| New | +$503K |
|
4534
Lakeland Industries
LAKE
$113M
| $460K | ﹤0.01% |
31,952
-6,611
| -17% | -$82.7K |
|
|
OPT
4535
DELISTED
Opthea Limited American Depositary Shares
OPT
| $459K | ﹤0.01% |
163,805
-1,901
| -1% | -$6.51K |
|
4536
PUT
CAVA Group
CAVA
$7.6B
| $459K | ﹤0.01% |
+11,200
| New | +$461K |
|
4537
PUT
Hormel Foods
HRL
$13.8B
| $459K | ﹤0.01% |
+11,400
| New | +$457K |
|
|
CLBTW
4538
CALL
DELISTED
Cellebrite DI Ltd. Warrants
CLBTW
| $458K | ﹤0.01% |
369,166
| – | – |
|
4539
AB InBev
BUD
$170B
| $455K | ﹤0.01% |
8,017
+1,027
| +15% | +$62.1K |
|
4540
Bar Harbor Bankshares
BHB
$665M
| $454K | ﹤0.01% |
+18,440
| New | +$455K |
|
4541
Enpro
NPO
$6.63B
| $454K | ﹤0.01% |
3,400
-32,695
| -91% | -$3.47M |
|
4542
SPS Commerce
SPSC
$2.64B
| $453K | ﹤0.01% |
2,361
-5,915
| -71% | -$955K |
|
|
GLDG
4543
GoldMining Inc
GLDG
$178M
| $452K | ﹤0.01% |
500,026
-336,367
| -40% | -$346K |
|
4544
Sally Beauty Holdings
SBH
$1.43B
| $452K | ﹤0.01% |
36,611
-17,061
| -32% | -$216K |
|
4545
PUT
First Horizon
FHN
$12.2B
| $452K | ﹤0.01% |
40,100
-153,500
| -79% | -$2.06M |
|
|
KALV
4546
CALL
DELISTED
KalVista Pharmaceuticals
KALV
| $450K | ﹤0.01% |
+50,000
| New | +$461K |
|
|
4547
CALL
First Horizon
FHN
$12.2B
| $450K | ﹤0.01% |
39,900
-215,200
| -84% | -$2.88M |
|
4548
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$16.7B
| $449K | ﹤0.01% |
+18,100
| New | +$334K |
|
4549
PUT
Ecolab
ECL
$78.1B
| $448K | ﹤0.01% |
2,400
+800
| +50% | +$138K |
|
4550
Fox Factory Holding Corp
FOXF
$755M
| $447K | ﹤0.01% |
4,124
-4,190
| -50% | -$429K |
|
Similar funds
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.