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 | |
|---|---|---|---|---|---|---|
|
SPR
1051
DELISTED
Spirit AeroSystems
SPR
| $30.6M | 0.02% |
1,896,481
+1,733,504
| +1,064% | +$39.9M |
|
1052
M&T Bank
MTB
$36.3B
| $30.6M | 0.02% |
242,003
-324,603
| -57% | -$42.3M |
|
1053
Telephone and Data Systems
TDS
$3.87B
| $30.6M | 0.02% |
1,669,272
-563,085
| -25% | -$8.13M |
|
1054
Stanley Black & Decker
SWK
$14.5B
| $30.5M | 0.02% |
364,763
+336,656
| +1,198% | +$31.2M |
|
1055
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $30.5M | 0.02% |
454,576
+441,458
| +3,365% | +$29.8M |
|
1056
CALL
Quest Diagnostics
DGX
$26B
| $30.5M | 0.02% |
250,000
+225,000
| +900% | +$30M |
|
|
AXON
1057
Axon Enterprise
AXON
$42.8B
| $30.5M | 0.02% |
153,090
+123,323
| +414% | +$24.3M |
|
1058
Regeneron Pharmaceuticals
REGN
$72.9B
| $30.5M | 0.02% |
37,009
-12,650
| -25% | -$9.94M |
|
1059
First Horizon
FHN
$12.2B
| $30.4M | 0.02% |
2,758,604
-2,695,417
| -49% | -$33.4M |
|
1060
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $30.4M | 0.02% |
275,012
+153,886
| +127% | +$17M |
|
1061
Group 1 Automotive
GPI
$4.26B
| $30.4M | 0.02% |
113,025
-131,208
| -54% | -$34.4M |
|
1062
WIX.com
WIX
$2.56B
| $30.3M | 0.02% |
330,207
-175,451
| -35% | -$15.7M |
|
1063
CALL
Constellation Brands
STZ
$22.5B
| $30.3M | 0.02% |
120,500
+25,000
| +26% | +$6.53M |
|
|
GTY
1064
Getty Realty Corp
GTY
$2.16B
| $30.3M | 0.02% |
1,090,912
+122,959
| +13% | +$3.82M |
|
1065
PUT
American International
AIG
$42.5B
| $30.1M | 0.02% |
496,000
+169,500
| +52% | +$10.1M |
|
1066
PUT
Cboe Global Markets
CBOE
$32.2B
| $30M | 0.02% |
192,200
-39,600
| -17% | -$5.83M |
|
1067
Travere Therapeutics
TVTX
$5.17B
| $30M | 0.02% |
3,353,381
+2,728,778
| +437% | +$38.5M |
|
1068
CALL
Ulta Beauty
ULTA
$21.8B
| $29.9M | 0.02% |
74,900
+5,700
| +8% | +$2.49M |
|
1069
CALL
Aflac
AFL
$65.5B
| $29.9M | 0.02% |
389,000
-5,800
| -1% | -$431K |
|
1070
Grupo Aeroportuario del Sureste
ASR
$8.16B
| $29.9M | 0.02% |
121,493
+113,595
| +1,438% | +$30.7M |
|
1071
ABM Industries
ABM
$2.89B
| $29.8M | 0.02% |
745,707
+598,181
| +405% | +$25.9M |
|
1072
Lennar Class A
LEN
$20.4B
| $29.8M | 0.02% |
274,447
+61,980
| +29% | +$7.27M |
|
1073
Walker & Dunlop
WD
$1.73B
| $29.8M | 0.02% |
+401,484
| New | +$33.9M |
|
1074
PUT
Ares Capital
ARCC
$13.4B
| $29.8M | 0.02% |
1,530,500
+696,900
| +84% | +$13.5M |
|
|
1075
Amphenol
APH
$185B
| $29.7M | 0.02% |
708,382
-5,627,090
| -89% | -$242M |
|
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.