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 | |
|---|---|---|---|---|---|---|
1526
PagerDuty
PD
$795M
| $16.7M | 0.01% |
741,823
-825,798
| -53% | -$23M |
|
1527
Amcor
AMCR
$21.6B
| $16.6M | 0.01% |
333,602
+165,678
| +99% | +$8.64M |
|
1528
CALL
Rockwell Automation
ROK
$52.4B
| $16.6M | 0.01% |
50,500
-2,200
| -4% | -$635K |
|
1529
PUT
Marvell Technology
MRVL
$157B
| $16.6M | 0.01% |
277,400
+226,300
| +443% | +$11M |
|
1530
PUT
DraftKings
DKNG
$12.2B
| $16.6M | 0.01% |
624,000
+349,800
| +128% | +$8.06M |
|
1531
Golub Capital BDC
GBDC
$3.38B
| $16.5M | 0.01% |
1,225,142
-3,416
| -0.3% | -$45.3K |
|
1532
Energizer
ENR
$1.5B
| $16.5M | 0.01% |
492,108
-339,021
| -41% | -$11.3M |
|
1533
TotalEnergies
TTE
$187B
| $16.5M | 0.01% |
+286,316
| New | +$17.3M |
|
1534
Beazer Homes USA
BZH
$913M
| $16.5M | 0.01% |
581,980
-449,384
| -44% | -$9.16M |
|
|
EOCW
1535
DELISTED
Elliott Opportunity II Corp.
EOCW
| $16.5M | 0.01% |
1,589,136
-9,678
| -0.6% | -$99.7K |
|
1536
Xponential Fitness
XPOF
$282M
| $16.4M | 0.01% |
953,417
+833,855
| +697% | +$23.6M |
|
1537
CALL
DexCom
DXCM
$28.9B
| $16.4M | 0.01% |
127,800
+48,200
| +61% | +$5.83M |
|
1538
MongoDB
MDB
$25B
| $16.4M | 0.01% |
39,920
-174,729
| -81% | -$51M |
|
1539
Crane Co
CR
$13.1B
| $16.4M | 0.01% |
+184,028
| New | +$14.2M |
|
1540
IDEX
IEX
$16.6B
| $16.4M | 0.01% |
76,182
+70,343
| +1,205% | +$14.8M |
|
1541
CALL
Roblox
RBLX
$35.4B
| $16.4M | 0.01% |
406,600
+313,200
| +335% | +$12.6M |
|
1542
Autodesk
ADSK
$50.1B
| $16.4M | 0.01% |
80,003
-494,813
| -86% | -$98.9M |
|
1543
CALL
Air Products & Chemicals
APD
$65.2B
| $16.4M | 0.01% |
54,600
+8,400
| +18% | +$2.39M |
|
1544
Immatics
IMTX
$1.19B
| $16.3M | 0.01% |
1,414,365
+1,160,586
| +457% | +$10.8M |
|
1545
Hamilton Lane
HLNE
$3.91B
| $16.3M | 0.01% |
203,946
-157,387
| -44% | -$11.3M |
|
1546
Thomson Reuters
TRI
$45.1B
| $16.3M | 0.01% |
118,918
-61,984
| -34% | -$8.32M |
|
1547
CALL
Equinix
EQIX
$102B
| $16.3M | 0.01% |
20,800
+4,600
| +28% | +$3.37M |
|
1548
Fastenal
FAST
$55.2B
| $16.3M | 0.01% |
552,354
-289,364
| -34% | -$7.92M |
|
1549
Ameren
AEE
$31.1B
| $16.3M | 0.01% |
199,303
-56,703
| -22% | -$4.86M |
|
1550
Deckers Outdoor
DECK
$14.2B
| $16.3M | 0.01% |
184,986
-81,498
| -31% | -$6.55M |
|
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.