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 | |
|---|---|---|---|---|---|---|
|
SRDX
1301
DELISTED
Surmodics
SRDX
| $22.7M | 0.01% |
707,599
-307,649
| -30% | -$10.5M |
|
1302
Golub Capital BDC
GBDC
$3.33B
| $22.7M | 0.01% |
1,546,446
+321,304
| +26% | +$4.56M |
|
|
DX
1303
Dynex Capital
DX
$3.18B
| $22.7M | 0.01% |
1,898,036
+861,450
| +83% | +$10.9M |
|
1304
CALL
Tapestry
TPR
$30.3B
| $22.6M | 0.01% |
787,700
+18,800
| +2% | +$688K |
|
1305
PJT Partners
PJT
$4.26B
| $22.6M | 0.01% |
284,772
+255,795
| +883% | +$19.8M |
|
1306
Concentrix
CNXC
$1.62B
| $22.6M | 0.01% |
282,150
+154,496
| +121% | +$12.1M |
|
1307
Hewlett Packard
HPE
$58.8B
| $22.6M | 0.01% |
1,299,601
-7,401,558
| -85% | -$127M |
|
1308
AtriCure
ATRC
$2.08B
| $22.6M | 0.01% |
515,365
-868,407
| -63% | -$42.4M |
|
|
IBTX
1309
DELISTED
Independent Bank Group, Inc.
IBTX
| $22.6M | 0.01% |
570,228
+434,895
| +321% | +$17.7M |
|
1310
ManpowerGroup
MAN
$2.6B
| $22.5M | 0.01% |
307,249
+303,272
| +7,626% | +$23.6M |
|
|
AYX
1311
CALL
DELISTED
Alteryx Inc
AYX
| $22.5M | 0.01% |
597,600
+527,600
| +754% | +$18.9M |
|
1312
Grocery Outlet
GO
$904M
| $22.5M | 0.01% |
780,560
+267,636
| +52% | +$8.51M |
|
1313
Axos Financial
AX
$5.58B
| $22.5M | 0.01% |
594,148
+203,707
| +52% | +$8.62M |
|
|
AIV
1314
Aimco
AIV
$377M
| $22.5M | 0.01% |
3,307,956
-627,429
| -16% | -$4.99M |
|
1315
CALL
ASML
ASML
$596B
| $22.5M | 0.01% |
38,200
+27,900
| +271% | +$18.5M |
|
1316
Williams Companies
WMB
$85.8B
| $22.4M | 0.01% |
665,476
-3,020,912
| -82% | -$103M |
|
1317
CALL
Flywire
FLYW
$2.04B
| $22.4M | 0.01% |
702,300
+610,900
| +668% | +$19.5M |
|
1318
Philips
PHG
$25.5B
| $22.4M | 0.01% |
1,254,915
+1,156,500
| +1,175% | +$22.2M |
|
|
NVO
1319
CALL
Novo Nordisk
NVO
$228B
| $22.4M | 0.01% |
246,000
-174,000
| -41% | -$15.3M |
|
1320
PUT
Corning
GLW
$107B
| $22.3M | 0.01% |
730,800
+109,600
| +18% | +$3.58M |
|
1321
Brookfield
BN
$102B
| $22.2M | 0.01% |
+1,067,241
| New | +$24M |
|
1322
CALL
KraneShares CSI China Internet ETF
KWEB
$5.5B
| $22.2M | 0.01% |
812,000
-753,000
| -48% | -$21.4M |
|
1323
CALL
Intercontinental Exchange
ICE
$87.2B
| $22.2M | 0.01% |
202,800
+200,100
| +7,411% | +$22.9M |
|
1324
Evolent Health
EVH
$371M
| $22.2M | 0.01% |
815,670
-107,175
| -12% | -$2.98M |
|
1325
PUT
PG&E
PCG
$39B
| $22.2M | 0.01% |
1,374,000
-586,200
| -30% | -$10.1M |
|
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.