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 | |
|---|---|---|---|---|---|---|
1876
Ezcorp Inc
EZPW
$1.79B
| $11.1M | 0.01% |
1,321,239
-229,476
| -15% | -$1.99M |
|
1877
Gentherm
THRM
$1.32B
| $11.1M | 0.01% |
195,673
+118,307
| +153% | +$6.81M |
|
1878
CALL
CME Group
CME
$95.4B
| $11M | 0.01% |
59,600
-26,100
| -30% | -$4.82M |
|
|
SAND
1879
DELISTED
Sandstorm Gold
SAND
| $11M | 0.01% |
2,156,777
+1,659,970
| +334% | +$9.24M |
|
1880
PUT
RH
RH
$3.33B
| $11M | 0.01% |
33,500
+31,300
| +1,423% | +$8.18M |
|
1881
CALL
Ross Stores
ROST
$80.8B
| $11M | 0.01% |
98,300
+19,400
| +25% | +$2.04M |
|
|
BNY
1882
PUT
Bank of New York Mellon
BNY
$103B
| $11M | 0.01% |
247,500
-44,700
| -15% | -$1.92M |
|
1883
Life Time Group Holdings
LTH
$10.2B
| $11M | 0.01% |
559,874
-606,692
| -52% | -$11.6M |
|
1884
Preferred Bank
PFBC
$1.24B
| $11M | 0.01% |
200,229
-129,845
| -39% | -$6.53M |
|
1885
Urban Outfitters
URBN
$6.46B
| $11M | 0.01% |
331,855
+322,756
| +3,547% | +$9.41M |
|
1886
CALL
APA Corp
APA
$13B
| $11M | 0.01% |
321,500
+197,200
| +159% | +$6.88M |
|
1887
Hawaiian Electric Industries
HE
$2.26B
| $11M | 0.01% |
303,333
+265,443
| +701% | +$9.99M |
|
|
HOLX
1888
PUT
DELISTED
Hologic
HOLX
| $11M | 0.01% |
135,500
+130,800
| +2,783% | +$10.7M |
|
1889
CALL
Danaher
DHR
$138B
| $11M | 0.01% |
51,550
-200,896
| -80% | -$42.5M |
|
1890
Dropbox
DBX
$7.78B
| $11M | 0.01% |
410,730
+187,490
| +84% | +$4.27M |
|
1891
Diamondrock Hospitality Co
DRH
$2.68B
| $11M | 0.01% |
1,367,087
+61,320
| +5% | +$496K |
|
1892
dLocal
DLO
$4.29B
| $10.9M | 0.01% |
+896,160
| New | +$11.8M |
|
|
ITOS
1893
DELISTED
iTeos Therapeutics
ITOS
| $10.9M | 0.01% |
826,102
+297,830
| +56% | +$4.25M |
|
1894
Manitowoc
MTW
$491M
| $10.9M | 0.01% |
580,364
-26,029
| -4% | -$420K |
|
|
SA
1895
Seabridge Gold
SA
$2.72B
| $10.9M | 0.01% |
906,741
-251,071
| -22% | -$3.41M |
|
1896
Stevanato
STVN
$5.57B
| $10.9M | 0.01% |
337,002
-320,746
| -49% | -$9M |
|
1897
First American
FAF
$7.98B
| $10.9M | 0.01% |
191,235
+111,776
| +141% | +$6.31M |
|
|
TRTL
1898
DELISTED
TortoiseEcofin Acquisition Corp. III
TRTL
| $10.9M | 0.01% |
1,050,100
| – | – |
|
1899
EnerSys
ENS
$6.43B
| $10.9M | 0.01% |
100,420
+80,329
| +400% | +$7.33M |
|
1900
Janus International
JBI
$702M
| $10.9M | 0.01% |
1,020,192
-704,037
| -41% | -$6.59M |
|
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.