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 | |
|---|---|---|---|---|---|---|
1801
Nucor
NUE
$58.3B
| $12M | 0.01% |
72,899
+71,277
| +4,394% | +$10.4M |
|
1802
VanEck Gold Miners ETF
GDX
$22.5B
| $11.9M | 0.01% |
396,746
-73,406
| -16% | -$2.39M |
|
1803
Tenable Holdings
TENB
$3.47B
| $11.9M | 0.01% |
273,226
-363,633
| -57% | -$14.9M |
|
1804
CALL
JetBlue
JBLU
$2.13B
| $11.9M | 0.01% |
1,343,000
| – | – |
|
1805
Vishay Intertechnology
VSH
$4.6B
| $11.9M | 0.01% |
404,315
+393,105
| +3,507% | +$9.61M |
|
1806
PUT
Spotify
SPOT
$108B
| $11.9M | 0.01% |
73,900
+41,000
| +125% | +$5.94M |
|
1807
Grupo Cibest SA
CIB
$21.2B
| $11.8M | 0.01% |
443,822
-480,300
| -52% | -$12.5M |
|
1808
Avista
AVA
$3.43B
| $11.8M | 0.01% |
301,532
-350,241
| -54% | -$14.9M |
|
1809
PUT
Pinterest
PINS
$13.7B
| $11.8M | 0.01% |
432,800
+290,300
| +204% | +$7.23M |
|
|
XHR
1810
Xenia Hotels & Resorts
XHR
$2.01B
| $11.8M | 0.01% |
960,978
+386,526
| +67% | +$4.82M |
|
1811
PUT
Petrobras
PBR
$120B
| $11.8M | 0.01% |
852,600
+413,000
| +94% | +$5.02M |
|
1812
PUT
Cencora
COR
$62B
| $11.8M | 0.01% |
61,200
+6,700
| +12% | +$1.16M |
|
1813
Southside Bancshares
SBSI
$963M
| $11.8M | 0.01% |
449,881
+315,455
| +235% | +$9.18M |
|
1814
PUT
Cleveland-Cliffs
CLF
$6.49B
| $11.8M | 0.01% |
702,200
+77,000
| +12% | +$1.22M |
|
1815
Healthcare Realty
HR
$7.56B
| $11.8M | 0.01% |
+623,061
| New | +$12M |
|
1816
Arrowhead Research
ARWR
$12.1B
| $11.7M | 0.01% |
328,393
-641,001
| -66% | -$22.1M |
|
1817
Enviri
NVRI
$624M
| $11.7M | 0.01% |
1,184,902
+102,956
| +10% | +$848K |
|
1818
CALL
CenterPoint Energy
CNP
$28.3B
| $11.7M | 0.01% |
401,000
| – | – |
|
1819
Acadia Pharmaceuticals
ACAD
$4.51B
| $11.7M | 0.01% |
487,772
-1,264,241
| -72% | -$28.1M |
|
|
HOLX
1820
CALL
DELISTED
Hologic
HOLX
| $11.7M | 0.01% |
144,200
+73,700
| +105% | +$6.02M |
|
1821
Seadrill
SDRL
$2.59B
| $11.7M | 0.01% |
282,314
-86,190
| -23% | -$3.2M |
|
1822
Coeur Mining
CDE
$15.1B
| $11.6M | 0.01% |
4,100,859
-30,904
| -0.7% | -$105K |
|
1823
Acco Brands
ACCO
$399M
| $11.6M | 0.01% |
2,232,055
+1,074,623
| +93% | +$5.4M |
|
1824
PUT
Intercontinental Exchange
ICE
$87.2B
| $11.6M | 0.01% |
102,800
+300
| +0.3% | +$32.5K |
|
|
AAMI
1825
Acadian Asset Management
AAMI
$2.88B
| $11.6M | 0.01% |
554,676
+374,012
| +207% | +$8.33M |
|
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.