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 | |
|---|---|---|---|---|---|---|
1226
EnerSys
ENS
$6.43B
| $24.6M | 0.01% |
259,850
+159,430
| +159% | +$16.3M |
|
1227
CALL
Marvell Technology
MRVL
$147B
| $24.6M | 0.01% |
453,600
+379,400
| +511% | +$22.4M |
|
1228
CALL
BILL Holdings
BILL
$4.72B
| $24.5M | 0.01% |
+225,500
| New | +$25.7M |
|
1229
Thor Industries
THO
$4.06B
| $24.5M | 0.01% |
257,301
+237,750
| +1,216% | +$24.8M |
|
|
SPLK
1230
PUT
DELISTED
Splunk Inc
SPLK
| $24.4M | 0.01% |
166,800
+103,800
| +165% | +$11.8M |
|
1231
CALL
United Parcel Service
UPS
$88.9B
| $24.3M | 0.01% |
156,000
-247,500
| -61% | -$42.7M |
|
|
VMW
1232
PUT
DELISTED
VMware, Inc
VMW
| $24.3M | 0.01% |
145,900
+101,400
| +228% | +$16.2M |
|
1233
Frontdoor
FTDR
$5.27B
| $24.3M | 0.01% |
793,284
-19,763
| -2% | -$655K |
|
1234
CALL
Oneok
OKE
$56.7B
| $24.2M | 0.01% |
382,000
+143,100
| +60% | +$9.34M |
|
1235
Sally Beauty Holdings
SBH
$1.47B
| $24.2M | 0.01% |
2,890,626
+2,854,015
| +7,796% | +$30.3M |
|
1236
Phreesia
PHR
$689M
| $24.2M | 0.01% |
1,294,995
+41,406
| +3% | +$1.11M |
|
1237
RadNet
RDNT
$4.98B
| $24.2M | 0.01% |
858,106
+38,269
| +5% | +$1.19M |
|
1238
Dr. Reddy's Laboratories
RDY
$9.8B
| $24.2M | 0.01% |
1,808,040
+168,350
| +10% | +$2.28M |
|
1239
APi Group
APG
$16.7B
| $24.2M | 0.01% |
1,398,383
+1,206,930
| +630% | +$22.1M |
|
|
ITCI
1240
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $24.2M | 0.01% |
463,931
-168,983
| -27% | -$9.84M |
|
1241
Baxter International
BAX
$12.8B
| $24.2M | 0.01% |
640,301
-440,920
| -41% | -$18.8M |
|
1242
Estee Lauder
EL
$30.4B
| $24.2M | 0.01% |
167,154
-48,853
| -23% | -$8.15M |
|
1243
CALL
Microchip Technology
MCHP
$38.8B
| $24.1M | 0.01% |
308,600
+99,200
| +47% | +$8.31M |
|
1244
PUT
BP
BP
$112B
| $24.1M | 0.01% |
622,000
+97,000
| +18% | +$3.6M |
|
1245
Cavco Industries
CVCO
$4.36B
| $24.1M | 0.01% |
90,550
+55,340
| +157% | +$15.5M |
|
1246
Werner Enterprises
WERN
$2.2B
| $24M | 0.01% |
615,894
+72,777
| +13% | +$3.12M |
|
|
ODP
1247
DELISTED
ODP
ODP
| $24M | 0.01% |
519,590
-20,439
| -4% | -$983K |
|
1248
CALL
ON Semiconductor
ON
$30.7B
| $24M | 0.01% |
257,800
+81,400
| +46% | +$7.91M |
|
|
VRE
1249
DELISTED
Veris Residential
VRE
| $24M | 0.01% |
1,452,037
+825,250
| +132% | +$14.5M |
|
1250
MongoDB
MDB
$25.8B
| $23.9M | 0.01% |
69,202
+29,282
| +73% | +$11.1M |
|
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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.