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 | |
|---|---|---|---|---|---|---|
|
ONC
1376
BeOne Medicines Ltd
ONC
$34.3B
| $19.8M | 0.01% |
110,971
+33,253
| +43% | +$7.66M |
|
1377
PUT
Hershey
HSY
$37.2B
| $19.8M | 0.01% |
79,200
+12,800
| +19% | +$3.36M |
|
1378
Relay Therapeutics
RLAY
$3.99B
| $19.8M | 0.01% |
+1,574,157
| New | +$19.6M |
|
1379
Ball Corp
BALL
$17.8B
| $19.8M | 0.01% |
339,536
-112,342
| -25% | -$6.09M |
|
1380
PUT
Intuit
INTU
$85.6B
| $19.7M | 0.01% |
43,100
+10,700
| +33% | +$4.69M |
|
1381
Sweetgreen
SG
$756M
| $19.7M | 0.01% |
1,538,814
+1,376,747
| +849% | +$12.7M |
|
1382
Hancock Whitney
HWC
$6.19B
| $19.7M | 0.01% |
513,892
-158,609
| -24% | -$5.89M |
|
|
SAGE
1383
DELISTED
Sage Therapeutics
SAGE
| $19.7M | 0.01% |
418,110
+51,447
| +14% | +$2.56M |
|
|
CVAC
1384
DELISTED
CureVac
CVAC
| $19.6M | 0.01% |
1,883,659
+93,351
| +5% | +$835K |
|
|
CVSA
1385
Covista Inc
CVSA
$4.3B
| $19.6M | 0.01% |
570,591
+285,601
| +100% | +$11.4M |
|
1386
Alexandria Real Estate Equities
ARE
$9.41B
| $19.6M | 0.01% |
172,404
-272,274
| -61% | -$32.4M |
|
1387
Moderna
MRNA
$22.1B
| $19.6M | 0.01% |
160,963
+41,872
| +35% | +$5.59M |
|
1388
ACV Auctions
ACVA
$1.43B
| $19.5M | 0.01% |
1,131,318
+446,815
| +65% | +$6.83M |
|
1389
Norfolk Southern
NSC
$76.1B
| $19.5M | 0.01% |
86,109
-745,364
| -90% | -$158M |
|
|
MRO
1390
PUT
DELISTED
Marathon Oil Corporation
MRO
| $19.5M | 0.01% |
847,800
+55,800
| +7% | +$1.31M |
|
1391
Casella Waste Systems
CWST
$5.79B
| $19.5M | 0.01% |
215,273
+186,485
| +648% | +$16.6M |
|
1392
Broadstone Net Lease
BNL
$4.3B
| $19.5M | 0.01% |
1,260,737
-957,920
| -43% | -$15.3M |
|
1393
PUT
Air Products & Chemicals
APD
$65.2B
| $19.3M | 0.01% |
64,600
-14,000
| -18% | -$3.99M |
|
1394
Sarepta Therapeutics
SRPT
$1.63B
| $19.3M | 0.01% |
168,907
-414,017
| -71% | -$53.4M |
|
1395
Pan American Silver
PAAS
$18.2B
| $19.3M | 0.01% |
1,321,366
-692,284
| -34% | -$11.4M |
|
1396
Corcept Therapeutics
CORT
$10.1B
| $19.3M | 0.01% |
865,459
-1,569,693
| -64% | -$36.1M |
|
1397
CALL
Simon Property Group
SPG
$76.8B
| $19.2M | 0.01% |
166,600
+23,300
| +16% | +$2.54M |
|
1398
Atlassian
TEAM
$25.4B
| $19.2M | 0.01% |
114,493
-138,507
| -55% | -$22.2M |
|
1399
Wabash National
WNC
$541M
| $19.2M | 0.01% |
748,760
+492,353
| +192% | +$12.1M |
|
1400
Employers Holdings
EIG
$912M
| $19.2M | 0.01% |
512,826
+98,391
| +24% | +$3.85M |
|
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.