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 | |
|---|---|---|---|---|---|---|
1426
Coursera
COUR
$1.68B
| $18.7M | 0.01% |
1,436,726
+1,352,481
| +1,605% | +$16.2M |
|
1427
Dollar Tree
DLTR
$24.4B
| $18.7M | 0.01% |
130,268
+125,274
| +2,508% | +$18.4M |
|
1428
PUT
Align Technology
ALGN
$12.6B
| $18.6M | 0.01% |
+52,500
| New | +$16.7M |
|
1429
Jack in the Box
JACK
$308M
| $18.5M | 0.01% |
190,088
-106,599
| -36% | -$9.7M |
|
1430
PUT
BP
BP
$107B
| $18.5M | 0.01% |
525,000
+441,800
| +531% | +$16.4M |
|
1431
PUT
Automatic Data Processing
ADP
$106B
| $18.5M | 0.01% |
84,200
-127,000
| -60% | -$27.4M |
|
1432
Autoliv
ALV
$9.09B
| $18.5M | 0.01% |
217,118
-720,820
| -77% | -$62.5M |
|
1433
PUT
Silicon Motion
SIMO
$7.51B
| $18.5M | 0.01% |
+256,800
| New | +$16.4M |
|
1434
Vista Energy
VIST
$7.16B
| $18.4M | 0.01% |
764,119
+289,483
| +61% | +$6.29M |
|
1435
Rio Tinto
RIO
$149B
| $18.4M | 0.01% |
288,682
-440,320
| -60% | -$28.3M |
|
|
AMED
1436
DELISTED
Amedisys
AMED
| $18.4M | 0.01% |
201,342
-188,784
| -48% | -$15.5M |
|
1437
Darling Ingredients
DAR
$9.28B
| $18.4M | 0.01% |
288,586
+219,880
| +320% | +$13.4M |
|
1438
Telephone and Data Systems
TDS
$3.87B
| $18.4M | 0.01% |
2,232,357
+1,224,286
| +121% | +$10.4M |
|
|
SILK
1439
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $18.3M | 0.01% |
564,074
-308,383
| -35% | -$11.3M |
|
1440
PUT
Sysco
SYY
$40.7B
| $18.3M | 0.01% |
246,600
-21,100
| -8% | -$1.56M |
|
|
MRTX
1441
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $18.3M | 0.01% |
505,309
+486,275
| +2,555% | +$20M |
|
1442
DigitalBridge
DBRG
$2.93B
| $18.2M | 0.01% |
1,238,426
+1,176,329
| +1,894% | +$14.4M |
|
1443
CALL
Moderna
MRNA
$22.1B
| $18.2M | 0.01% |
149,900
-35,300
| -19% | -$4.71M |
|
1444
BCE
BCE
$20.3B
| $18.2M | 0.01% |
399,263
+336,340
| +535% | +$15.7M |
|
1445
iShares MSCI Brazil ETF
EWZ
$9.13B
| $18.2M | 0.01% |
+561,060
| New | +$16.7M |
|
1446
Aecom
ACM
$9.57B
| $18.2M | 0.01% |
214,804
-662,957
| -76% | -$54.4M |
|
1447
Oxford Industries
OXM
$613M
| $18.2M | 0.01% |
184,765
+124,836
| +208% | +$12.8M |
|
1448
PUT
Norwegian Cruise Line
NCLH
$9.74B
| $18.2M | 0.01% |
834,300
+575,000
| +222% | +$8.8M |
|
1449
O-I Glass
OI
$1.39B
| $18.1M | 0.01% |
849,458
-48,872
| -5% | -$1.05M |
|
1450
CALL
Truist Financial
TFC
$64.7B
| $18.1M | 0.01% |
596,700
-126,400
| -17% | -$3.93M |
|
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.