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 | |
|---|---|---|---|---|---|---|
1851
Marcus Corp
MCS
$767M
| $11.3M | 0.01% |
762,273
+517,748
| +212% | +$8.37M |
|
1852
NVR
NVR
$17.1B
| $11.3M | 0.01% |
1,779
-4,033
| -69% | -$23.5M |
|
1853
Sprinklr
CXM
$1.51B
| $11.3M | 0.01% |
816,759
-199,058
| -20% | -$2.57M |
|
1854
Strategy Inc
MSTR
$34.1B
| $11.3M | 0.01% |
329,690
+139,230
| +73% | +$4.22M |
|
1855
FIGS
FIGS
$1.76B
| $11.3M | 0.01% |
1,364,772
-366,012
| -21% | -$2.78M |
|
|
VRNA
1856
DELISTED
Verona Pharma
VRNA
| $11.3M | 0.01% |
533,484
-17,278
| -3% | -$368K |
|
1857
Palo Alto Networks
PANW
$256B
| $11.3M | 0.01% |
88,252
-1,960,978
| -96% | -$204M |
|
1858
British American Tobacco
BTI
$136B
| $11.3M | 0.01% |
339,592
-1,079,773
| -76% | -$36.9M |
|
1859
Editas Medicine
EDIT
$399M
| $11.3M | 0.01% |
1,369,822
+85,885
| +7% | +$748K |
|
1860
Scorpio Tankers
STNG
$3.91B
| $11.3M | 0.01% |
238,492
-568,859
| -70% | -$28.1M |
|
1861
Enact Holdings
ACT
$6.75B
| $11.3M | 0.01% |
+448,173
| New | +$10.9M |
|
1862
Avient
AVNT
$3.29B
| $11.3M | 0.01% |
275,315
+49,436
| +22% | +$1.94M |
|
1863
PUT
Simon Property Group
SPG
$76.4B
| $11.3M | 0.01% |
97,500
-3,400
| -3% | -$370K |
|
1864
Procept Biorobotics
PRCT
$1.02B
| $11.3M | 0.01% |
318,348
+205,232
| +181% | +$6.79M |
|
1865
ON Semiconductor
ON
$30.7B
| $11.2M | 0.01% |
118,754
-57,668
| -33% | -$4.77M |
|
1866
PUT
Snowflake
SNOW
$98.1B
| $11.2M | 0.01% |
+63,800
| New | +$10.4M |
|
1867
Cracker Barrel
CBRL
$1.26B
| $11.2M | 0.01% |
+120,410
| New | +$12.4M |
|
1868
Symbotic
SYM
$5.13B
| $11.2M | 0.01% |
261,632
+245,691
| +1,541% | +$8.07M |
|
|
MODN
1869
DELISTED
MODEL N, INC.
MODN
| $11.2M | 0.01% |
316,362
-252,262
| -44% | -$8.11M |
|
1870
Melco Resorts & Entertainment
MLCO
$2.21B
| $11.2M | 0.01% |
914,119
-400,287
| -30% | -$4.95M |
|
1871
Old Dominion Freight Line
ODFL
$46.3B
| $11.2M | 0.01% |
60,360
-76,832
| -56% | -$12.4M |
|
1872
National Vision
EYE
$1.76B
| $11.1M | 0.01% |
458,465
-1,206,516
| -72% | -$28.1M |
|
1873
Under Armour
UAA
$3.01B
| $11.1M | 0.01% |
1,540,708
-4,429,716
| -74% | -$35.6M |
|
1874
B2Gold
BTG
$4.98B
| $11.1M | 0.01% |
3,116,065
+2,782,709
| +835% | +$10.9M |
|
1875
Manchester United
MANU
$4.03B
| $11.1M | 0.01% |
455,640
-247,005
| -35% | -$5.11M |
|
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.