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 | |
|---|---|---|---|---|---|---|
1176
CALL
American International
AIG
$42.9B
| $25.5M | 0.01% |
443,100
-490,500
| -53% | -$26.3M |
|
1177
RB Global
RBA
$21.7B
| $25.5M | 0.01% |
424,872
-517,314
| -55% | -$29.2M |
|
1178
Edgewell Personal Care
EPC
$1.3B
| $25.4M | 0.01% |
613,941
+580,701
| +1,747% | +$24.8M |
|
1179
Visteon
VC
$2.85B
| $25.4M | 0.01% |
176,592
+94,293
| +115% | +$13.4M |
|
1180
Lumentum
LITE
$50.7B
| $25.3M | 0.01% |
446,831
-349,031
| -44% | -$17.4M |
|
1181
Merit Medical Systems
MMSI
$4.67B
| $25.3M | 0.01% |
302,321
+258,173
| +585% | +$21M |
|
|
ODP
1182
DELISTED
ODP
ODP
| $25.3M | 0.01% |
540,029
+30,256
| +6% | +$1.3M |
|
1183
Iovance Biotherapeutics
IOVA
$2.1B
| $25.2M | 0.01% |
3,580,668
+168,069
| +5% | +$1.2M |
|
1184
PUT
Analog Devices
ADI
$178B
| $25.2M | 0.01% |
129,300
-1,500
| -1% | -$278K |
|
1185
PUT
APA Corp
APA
$12.3B
| $25.2M | 0.01% |
736,900
+404,500
| +122% | +$14.1M |
|
1186
CONMED
CNMD
$1.33B
| $25.2M | 0.01% |
185,269
+101,647
| +122% | +$12.4M |
|
1187
Workiva
WK
$3.28B
| $25.1M | 0.01% |
247,366
+115,703
| +88% | +$11.1M |
|
1188
PUT
United Rentals
URI
$67.9B
| $25.1M | 0.01% |
56,300
-69,600
| -55% | -$25.8M |
|
1189
Iron Mountain
IRM
$37.4B
| $25M | 0.01% |
440,687
+269,813
| +158% | +$14.8M |
|
1190
PUT
iShares US Home Construction ETF
ITB
$2.41B
| $25M | 0.01% |
+292,500
| New | +$22.2M |
|
1191
Nextpower Inc
NXT
$14.5B
| $25M | 0.01% |
+627,696
| New | +$23M |
|
1192
Opendoor
OPEN
$3.8B
| $25M | 0.01% |
6,419,242
+4,154,826
| +183% | +$9.02M |
|
1193
PUT
HubSpot
HUBS
$12.2B
| $25M | 0.01% |
+46,900
| New | +$22M |
|
|
SCHW
1194
CALL
Charles Schwab
SCHW
$184B
| $24.9M | 0.01% |
440,100
-441,900
| -50% | -$23.1M |
|
1195
PUT
Arista Networks
ANET
$214B
| $24.9M | 0.01% |
615,200
-292,000
| -32% | -$11.3M |
|
1196
PUT
Zillow
Z
$7.7B
| $24.9M | 0.01% |
495,600
+206,200
| +71% | +$9.48M |
|
1197
PUT
Datadog
DDOG
$89.3B
| $24.8M | 0.01% |
252,500
+233,200
| +1,208% | +$19.5M |
|
1198
CALL
Emerson Electric
EMR
$85B
| $24.8M | 0.01% |
274,800
-110,400
| -29% | -$9.29M |
|
1199
PACCAR
PCAR
$72.7B
| $24.8M | 0.01% |
296,537
-1,515,759
| -84% | -$112M |
|
|
CHCT
1200
Community Healthcare Trust
CHCT
$543M
| $24.8M | 0.01% |
750,820
+29,526
| +4% | +$1.03M |
|
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.