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 | |
|---|---|---|---|---|---|---|
1401
LegalZoom.com
LZ
$1.39B
| $19M | 0.01% |
1,576,705
+744,541
| +89% | +$7.88M |
|
1402
Aaon
AAON
$7.68B
| $19M | 0.01% |
300,902
+26,124
| +10% | +$1.65M |
|
|
AEL
1403
DELISTED
American Equity Investment Life Holding Company
AEL
| $19M | 0.01% |
364,405
+22,045
| +6% | +$886K |
|
1404
Progyny
PGNY
$2.41B
| $19M | 0.01% |
482,556
-1,142,555
| -70% | -$41.2M |
|
1405
PUT
Oneok
OKE
$55.9B
| $19M | 0.01% |
307,200
+185,300
| +152% | +$11.5M |
|
1406
Orion
OEC
$400M
| $19M | 0.01% |
893,341
-193,923
| -18% | -$4.67M |
|
|
AXNX
1407
DELISTED
Axonics, Inc. Common Stock
AXNX
| $19M | 0.01% |
375,546
-53,394
| -12% | -$2.84M |
|
1408
PUT
Lennar Class A
LEN
$21.1B
| $18.9M | 0.01% |
156,190
+5,062
| +3% | +$552K |
|
1409
CALL
Biogen
BIIB
$30.4B
| $18.9M | 0.01% |
66,500
+35,900
| +117% | +$10.7M |
|
|
OKLO
1410
Oklo
OKLO
$6.89B
| $18.9M | 0.01% |
1,814,428
+155,529
| +9% | +$1.62M |
|
1411
Independence Realty Trust
IRT
$3.93B
| $18.9M | 0.01% |
+1,037,311
| New | +$17.7M |
|
1412
Regency Centers
REG
$14.8B
| $18.9M | 0.01% |
305,683
-275,920
| -47% | -$16.4M |
|
1413
CALL
Keurig Dr Pepper
KDP
$42.3B
| $18.9M | 0.01% |
603,800
-3,600
| -0.6% | -$118K |
|
|
NEWR
1414
DELISTED
New Relic, Inc.
NEWR
| $18.9M | 0.01% |
288,359
+24,769
| +9% | +$1.79M |
|
1415
Blue Bird Corp
BLBD
$2.34B
| $18.9M | 0.01% |
839,052
+308,142
| +58% | +$6.59M |
|
1416
CALL
PayPal
PYPL
$51.4B
| $18.8M | 0.01% |
282,400
+255,600
| +954% | +$17.4M |
|
1417
PUT
Humana
HUM
$46.7B
| $18.8M | 0.01% |
42,100
-34,900
| -45% | -$17.6M |
|
1418
InMode
INMD
$889M
| $18.8M | 0.01% |
503,764
-1,249,867
| -71% | -$43.7M |
|
1419
Jackson Financial
JXN
$8.57B
| $18.8M | 0.01% |
614,385
+578,840
| +1,628% | +$18.6M |
|
1420
U-Haul Holding Co
UHAL
$14.3B
| $18.8M | 0.01% |
339,825
-119,760
| -26% | -$7.02M |
|
1421
PUT
American International
AIG
$42.9B
| $18.8M | 0.01% |
326,500
-269,600
| -45% | -$14.5M |
|
1422
Methanex
MEOH
$4.12B
| $18.8M | 0.01% |
453,950
+272,815
| +151% | +$11.8M |
|
|
LAC
1423
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $18.8M | 0.01% |
928,652
+233,428
| +34% | +$4.81M |
|
1424
CALL
Microchip Technology
MCHP
$41.1B
| $18.8M | 0.01% |
209,400
-620,700
| -75% | -$49M |
|
1425
Legend Biotech
LEGN
$3.68B
| $18.7M | 0.01% |
271,556
-270,446
| -50% | -$17.7M |
|
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.