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 | |
|---|---|---|---|---|---|---|
1401
Varex Imaging
VREX
$462M
| $20.4M | 0.01% |
1,083,989
+233,868
| +28% | +$4.9M |
|
1402
Equinix
EQIX
$99.4B
| $20.3M | 0.01% |
28,009
-37,057
| -57% | -$28.7M |
|
1403
Quanta Services
PWR
$84.2B
| $20.3M | 0.01% |
108,588
+86,866
| +400% | +$17.4M |
|
1404
Semtech
SMTC
$9.65B
| $20.3M | 0.01% |
788,462
+752,042
| +2,065% | +$19.7M |
|
1405
AXIS Capital
AXS
$7.73B
| $20.3M | 0.01% |
360,136
-149,713
| -29% | -$8.26M |
|
|
SNV
1406
DELISTED
Synovus
SNV
| $20.1M | 0.01% |
723,179
-957,214
| -57% | -$29.9M |
|
1407
Biogen
BIIB
$30.9B
| $20.1M | 0.01% |
78,144
+33,970
| +77% | +$9.09M |
|
1408
Credicorp
BAP
$30.5B
| $20.1M | 0.01% |
156,917
+128,245
| +447% | +$18.6M |
|
1409
Carpenter Technology
CRS
$26.4B
| $20.1M | 0.01% |
298,413
-66,650
| -18% | -$4.04M |
|
1410
HubSpot
HUBS
$12.9B
| $20M | 0.01% |
40,584
+2,680
| +7% | +$1.4M |
|
1411
PUT
SoFi Technologies
SOFI
$19.6B
| $20M | 0.01% |
+2,500,000
| New | +$22M |
|
1412
Organon & Co
OGN
$3.56B
| $20M | 0.01% |
1,149,328
+291,057
| +34% | +$6.07M |
|
|
WNS
1413
DELISTED
WNS Holdings
WNS
| $19.9M | 0.01% |
291,234
-121,956
| -30% | -$8.24M |
|
1414
UMB Financial
UMBF
$11.3B
| $19.9M | 0.01% |
321,104
+313,961
| +4,395% | +$20.4M |
|
1415
CALL
Zoetis
ZTS
$32.7B
| $19.9M | 0.01% |
114,200
+104,600
| +1,090% | +$19M |
|
1416
CALL
UBS Group
UBS
$170B
| $19.9M | 0.01% |
875,000
+543,000
| +164% | +$12.7M |
|
1417
Ionis Pharmaceuticals
IONS
$8.93B
| $19.8M | 0.01% |
437,123
+18,210
| +4% | +$751K |
|
|
WBA
1418
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $19.8M | 0.01% |
891,400
+813,400
| +1,043% | +$21.6M |
|
|
AAMI
1419
Acadian Asset Management
AAMI
$2.88B
| $19.8M | 0.01% |
1,020,564
+465,888
| +84% | +$9.63M |
|
1420
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$3.75B
| $19.7M | 0.01% |
375,900
+355,900
| +1,780% | +$18.4M |
|
1421
AngioDynamics
ANGO
$605M
| $19.7M | 0.01% |
2,697,671
+1,342,362
| +99% | +$11.2M |
|
1422
Planet Fitness
PLNT
$4.45B
| $19.7M | 0.01% |
400,758
-8,158
| -2% | -$494K |
|
1423
CALL
United Airlines
UAL
$38.8B
| $19.6M | 0.01% |
464,400
+223,800
| +93% | +$11.3M |
|
1424
Liberty Broadband Class C
LBRDK
$4.89B
| $19.6M | 0.01% |
214,855
+107,774
| +101% | +$9.61M |
|
|
1425
PUT
HubSpot
HUBS
$12.9B
| $19.6M | 0.01% |
39,800
-7,100
| -15% | -$3.71M |
|
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.