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 | |
|---|---|---|---|---|---|---|
1576
CALL
DuPont de Nemours
DD
$19B
| $15.8M | 0.01% |
176,302
-79,030
| -31% | -$6.8M |
|
1577
CALL
Pinduoduo
PDD
$122B
| $15.8M | 0.01% |
228,600
+177,100
| +344% | +$12.2M |
|
1578
Cal-Maine
CALM
$4.42B
| $15.8M | 0.01% |
350,584
-1,015,203
| -74% | -$50.4M |
|
1579
Banco Bradesco
BBD
$38.3B
| $15.7M | 0.01% |
4,551,142
+4,497,184
| +8,335% | +$13.9M |
|
1580
Vertex
VERX
$2.14B
| $15.7M | 0.01% |
805,718
+377,069
| +88% | +$7.96M |
|
1581
PUT
Baker Hughes
BKR
$58B
| $15.7M | 0.01% |
497,000
+43,200
| +10% | +$1.26M |
|
1582
Grocery Outlet
GO
$902M
| $15.7M | 0.01% |
512,924
+19,825
| +4% | +$579K |
|
1583
PUT
Kimberly-Clark
KMB
$37.5B
| $15.7M | 0.01% |
113,600
-105,800
| -48% | -$14.7M |
|
1584
PUT
Ares Capital
ARCC
$13.7B
| $15.7M | 0.01% |
833,600
+48,400
| +6% | +$894K |
|
1585
PUT
Carrier Global
CARR
$52.5B
| $15.6M | 0.01% |
314,700
-19,600
| -6% | -$862K |
|
1586
PUT
Corteva
CTVA
$59.5B
| $15.6M | 0.01% |
272,800
-105,700
| -28% | -$6.17M |
|
1587
Freshworks
FRSH
$3.09B
| $15.6M | 0.01% |
888,256
-326,508
| -27% | -$4.91M |
|
|
EVA
1588
DELISTED
Enviva Inc.
EVA
| $15.6M | 0.01% |
1,438,378
+928,099
| +182% | +$13.5M |
|
|
SMAR
1589
DELISTED
Smartsheet Inc.
SMAR
| $15.6M | 0.01% |
407,652
-1,204,809
| -75% | -$52.1M |
|
1590
PUT
Suncor Energy
SU
$75.4B
| $15.6M | 0.01% |
401,700
+248,400
| +162% | +$7.43M |
|
|
NVMI
1591
Nova
NVMI
$12.8B
| $15.6M | 0.01% |
132,896
+2,020
| +2% | +$207K |
|
1592
PUT
Coinbase
COIN
$44.2B
| $15.6M | 0.01% |
217,700
-188,800
| -46% | -$11.3M |
|
1593
CALL
Canadian Imperial Bank of Commerce
CM
$109B
| $15.6M | 0.01% |
+275,000
| New | +$11.6M |
|
|
1594
PUT
Canadian Imperial Bank of Commerce
CM
$109B
| $15.6M | 0.01% |
275,000
-325,000
| -54% | -$13.7M |
|
1595
CALL
MGM Resorts International
MGM
$11.8B
| $15.5M | 0.01% |
353,900
-54,700
| -13% | -$2.34M |
|
1596
Capital One
COF
$130B
| $15.5M | 0.01% |
141,860
-144,201
| -50% | -$14.4M |
|
|
AYX
1597
DELISTED
Alteryx Inc
AYX
| $15.5M | 0.01% |
341,430
-1,386,336
| -80% | -$60.7M |
|
1598
CALL
LyondellBasell Industries
LYB
$18.8B
| $15.5M | 0.01% |
168,600
-8,300
| -5% | -$759K |
|
1599
JetBlue
JBLU
$2.23B
| $15.5M | 0.01% |
1,746,794
+954,187
| +120% | +$6.93M |
|
|
CPE
1600
DELISTED
Callon Petroleum Company
CPE
| $15.5M | 0.01% |
441,165
+161,639
| +58% | +$5.41M |
|
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.