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 | |
|---|---|---|---|---|---|---|
551
PUT
Akamai
AKAM
$15.9B
| $64.7M | 0.03% |
607,600
+534,400
| +730% | +$53.2M |
|
|
ERF
552
DELISTED
Enerplus Corporation
ERF
| $64M | 0.03% |
3,627,489
-501,274
| -12% | -$8.29M |
|
553
Jazz Pharmaceuticals
JAZZ
$16.1B
| $63.9M | 0.03% |
493,930
-70,357
| -12% | -$9.37M |
|
554
KBR
KBR
$4.58B
| $63.7M | 0.03% |
1,081,394
+776,073
| +254% | +$47.8M |
|
555
Norfolk Southern
NSC
$76B
| $63.7M | 0.03% |
323,470
+237,361
| +276% | +$51.3M |
|
556
Extreme Networks
EXTR
$3.85B
| $63.5M | 0.03% |
2,621,168
-350,124
| -12% | -$9.47M |
|
557
Inspire Medical Systems
INSP
$1.49B
| $63.4M | 0.03% |
319,703
+55,263
| +21% | +$13.9M |
|
558
PUT
Pinterest
PINS
$13.6B
| $63.3M | 0.03% |
2,341,600
+1,908,800
| +441% | +$52.1M |
|
559
Alliant Energy
LNT
$19B
| $63.3M | 0.03% |
1,305,687
+479,382
| +58% | +$24.8M |
|
560
TSMC
TSM
$1.97T
| $62.9M | 0.03% |
724,021
-475,033
| -40% | -$44.9M |
|
561
Live Nation Entertainment
LYV
$41.8B
| $62.7M | 0.03% |
755,298
+325,018
| +76% | +$28.3M |
|
562
MYR Group
MYRG
$5.08B
| $62.7M | 0.03% |
465,393
+100,671
| +28% | +$14.2M |
|
|
SCHW
563
PUT
Charles Schwab
SCHW
$184B
| $62.7M | 0.03% |
1,141,500
+523,100
| +85% | +$31.6M |
|
564
Altria Group
MO
$126B
| $62.5M | 0.03% |
1,486,485
+941,022
| +173% | +$41.6M |
|
565
Iridium Communications
IRDM
$4.74B
| $62.2M | 0.03% |
1,368,353
+156,506
| +13% | +$8.11M |
|
566
CALL
Vertex Pharmaceuticals
VRTX
$125B
| $62.2M | 0.03% |
178,900
+48,400
| +37% | +$16.9M |
|
567
Golar LNG
GLNG
$4.93B
| $62.2M | 0.03% |
2,562,201
-1,732,922
| -40% | -$39.9M |
|
|
CTRA
568
DELISTED
Coterra Energy
CTRA
| $62.1M | 0.03% |
2,295,943
-2,060,541
| -47% | -$56.2M |
|
569
CALL
General Motors
GM
$82.4B
| $62.1M | 0.03% |
1,882,500
+975,200
| +107% | +$34.6M |
|
|
WW
570
DELISTED
WW International
WW
| $62M | 0.03% |
5,601,990
+1,466,256
| +35% | +$14.4M |
|
571
CALL
State Street SPDR S&P Biotech ETF
XBI
$10B
| $61.9M | 0.03% |
847,800
+571,800
| +207% | +$45.7M |
|
572
3M
MMM
$93.6B
| $61.9M | 0.03% |
790,137
+188,349
| +31% | +$16.2M |
|
573
First American
FAF
$8.15B
| $61.8M | 0.03% |
1,094,452
+903,217
| +472% | +$54.2M |
|
574
W.R. Berkley
WRB
$28.3B
| $61.7M | 0.03% |
1,458,813
-1,347,680
| -48% | -$55.8M |
|
575
PUT
Prudential Financial
PRU
$43.1B
| $61.7M | 0.03% |
650,200
+287,400
| +79% | +$27.2M |
|
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.