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 | |
|---|---|---|---|---|---|---|
1576
Linde
LIN
$236B
| $16M | 0.01% |
43,087
-140,683
| -77% | -$53.5M |
|
1577
CALL
Domino's
DPZ
$11.9B
| $16M | 0.01% |
42,300
+31,900
| +307% | +$12.3M |
|
1578
Upwork
UPWK
$1.18B
| $16M | 0.01% |
1,409,514
+1,167,448
| +482% | +$14.5M |
|
1579
AutoNation
AN
$7.7B
| $16M | 0.01% |
105,697
+40,790
| +63% | +$6.51M |
|
|
SLGC
1580
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $16M | 0.01% |
6,694,787
+1,495,767
| +29% | +$3.31M |
|
1581
Ares Capital
ARCC
$13.4B
| $16M | 0.01% |
820,796
-547,017
| -40% | -$10.6M |
|
1582
PUT
SAP
SAP
$215B
| $16M | 0.01% |
123,500
+34,200
| +38% | +$4.66M |
|
1583
Diodes
DIOD
$3.5B
| $16M | 0.01% |
202,571
+106,373
| +111% | +$8.94M |
|
1584
CALL
Air Products & Chemicals
APD
$65.5B
| $16M | 0.01% |
56,300
+1,700
| +3% | +$499K |
|
1585
PUT
Norwegian Cruise Line
NCLH
$9.53B
| $16M | 0.01% |
968,100
+133,800
| +16% | +$2.47M |
|
1586
Academy Sports + Outdoors
ASO
$3.04B
| $15.9M | 0.01% |
336,998
+164,810
| +96% | +$8.82M |
|
1587
PUT
General Mills
GIS
$20.2B
| $15.9M | 0.01% |
248,800
+208,400
| +516% | +$14.7M |
|
1588
PUT
Kraft Heinz
KHC
$32.8B
| $15.9M | 0.01% |
473,200
-175,100
| -27% | -$6.05M |
|
1589
Silicon Laboratories
SLAB
$7.14B
| $15.9M | 0.01% |
137,171
+135,389
| +7,598% | +$18.7M |
|
1590
HUTCHMED
HCM
$1.96B
| $15.8M | 0.01% |
934,866
+104,503
| +13% | +$1.5M |
|
1591
iShares MSCI Mexico ETF
EWW
$1.89B
| $15.8M | 0.01% |
271,850
-160,907
| -37% | -$9.97M |
|
1592
Lumentum
LITE
$46.9B
| $15.8M | 0.01% |
349,931
-96,900
| -22% | -$4.92M |
|
1593
Hertz
HTZ
$527M
| $15.8M | 0.01% |
1,290,456
+944,594
| +273% | +$15.8M |
|
1594
HDFC Bank
HDB
$123B
| $15.8M | 0.01% |
534,326
+513,744
| +2,496% | +$16.7M |
|
|
SAVE
1595
DELISTED
Spirit Airlines, Inc.
SAVE
| $15.6M | 0.01% |
947,401
+210,580
| +29% | +$3.58M |
|
1596
Texas Capital Bancshares
TCBI
$4.28B
| $15.6M | 0.01% |
265,121
-183,111
| -41% | -$11.1M |
|
1597
Nu Skin
NUS
$257M
| $15.6M | 0.01% |
736,204
+580,227
| +372% | +$15.1M |
|
1598
Shopify
SHOP
$168B
| $15.6M | 0.01% |
285,694
-761,327
| -73% | -$46.1M |
|
1599
Chesapeake Utilities
CPK
$3.28B
| $15.6M | 0.01% |
159,388
+64,000
| +67% | +$7.25M |
|
1600
Match Group
MTCH
$9.19B
| $15.5M | 0.01% |
396,067
+191,382
| +94% | +$8.48M |
|
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.