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 | |
|---|---|---|---|---|---|---|
4601
PUT
Zoetis
ZTS
$32.4B
| $413K | ﹤0.01% |
2,400
-12,100
| -83% | -$2.09M |
|
4602
CALL
Integra LifeSciences
IART
$1.29B
| $411K | ﹤0.01% |
+10,000
| New | +$481K |
|
4603
PUT
Avantor
AVTR
$9.32B
| $411K | ﹤0.01% |
20,000
-80,000
| -80% | -$1.62M |
|
|
TCFC
4604
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $410K | ﹤0.01% |
15,152
-33,234
| -69% | -$945K |
|
4605
Celularity
CELU
$18.4M
| $410K | ﹤0.01% |
+76,881
| New | +$493K |
|
|
PAYOW
4606
CALL
DELISTED
Payoneer Global Inc. Warrant
PAYOW
| $409K | ﹤0.01% |
817,372
| – | – |
|
|
PACW
4607
PUT
DELISTED
PacWest Bancorp
PACW
| $408K | ﹤0.01% |
50,000
+16,300
| +48% | +$131K |
|
4608
Information Services Group
III
$199M
| $407K | ﹤0.01% |
75,957
-226,677
| -75% | -$1.17M |
|
4609
CALL
Shopify
SHOP
$152B
| $407K | ﹤0.01% |
6,300
+300
| +5% | +$17K |
|
|
JEQ
4610
DELISTED
abrdn Japan Equity Fund
JEQ
| $407K | ﹤0.01% |
+67,047
| New | +$381K |
|
4611
Taysha Gene Therapies
TSHA
$1.68B
| $406K | ﹤0.01% |
614,938
+137,893
| +29% | +$99.8K |
|
|
KREF
4612
KKR Real Estate Finance Trust
KREF
$448M
| $405K | ﹤0.01% |
33,265
-889,415
| -96% | -$10M |
|
4613
Kornit Digital
KRNT
$705M
| $405K | ﹤0.01% |
13,780
-240,311
| -95% | -$5.43M |
|
4614
PUT
Fair Isaac
FICO
$24.3B
| $405K | ﹤0.01% |
+500
| New | +$375K |
|
|
DHIL
4615
DELISTED
Diamond Hill
DHIL
| $404K | ﹤0.01% |
2,360
-14,749
| -86% | -$2.45M |
|
4616
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $404K | ﹤0.01% |
8,524
+4,108
| +93% | +$196K |
|
4617
iShares 0-5 Year TIPS Bond ETF
STIP
$15.9B
| $404K | ﹤0.01% |
4,139
-23,669
| -85% | -$2.33M |
|
|
NB
4618
NioCorp Developments
NB
$619M
| $404K | ﹤0.01% |
+80,290
| New | +$458K |
|
|
DCH
4619
Dauch Corp
DCH
$1.34B
| $404K | ﹤0.01% |
48,833
-21,615
| -31% | -$160K |
|
|
SONX
4620
DELISTED
Sonendo, Inc.
SONX
| $403K | ﹤0.01% |
296,489
+8,309
| +3% | +$11.3K |
|
4621
Globalstar
GSAT
$10.7B
| $403K | ﹤0.01% |
24,880
-20,396
| -45% | -$327K |
|
|
PAMT
4622
PAMT Corp
PAMT
$337M
| $403K | ﹤0.01% |
+15,042
| New | +$385K |
|
4623
Lamar Advertising Co
LAMR
$16.2B
| $402K | ﹤0.01% |
4,055
-1,850
| -31% | -$180K |
|
4624
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.32B
| $402K | ﹤0.01% |
4,100
-741
| -15% | -$72.8K |
|
4625
Preformed Line Products
PLPC
$1.75B
| $402K | ﹤0.01% |
+2,575
| New | +$375K |
|
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.