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 | |
|---|---|---|---|---|---|---|
1876
MKS Inc
MKSI
$19.8B
| $11.3M | 0.01% |
+131,012
| New | +$12.8M |
|
|
TWNK
1877
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $11.3M | 0.01% |
340,318
+209,464
| +160% | +$5.61M |
|
1878
InMode
INMD
$868M
| $11.3M | 0.01% |
371,900
-131,864
| -26% | -$5.18M |
|
1879
CALL
Box
BOX
$4.31B
| $11.3M | 0.01% |
+467,700
| New | +$13.4M |
|
1880
Arlo Technologies
ARLO
$1.57B
| $11.3M | 0.01% |
1,099,300
-528,430
| -32% | -$5.61M |
|
1881
Banco Bradesco
BBD
$37.9B
| $11.3M | 0.01% |
3,970,328
-580,814
| -13% | -$1.84M |
|
1882
State Street Communication Services Select Sector SPDR ETF
XLC
$21.9B
| $11.3M | 0.01% |
172,557
-39,564
| -19% | -$2.64M |
|
|
ITOS
1883
DELISTED
iTeos Therapeutics
ITOS
| $11.3M | 0.01% |
1,032,846
+206,744
| +25% | +$2.64M |
|
1884
Neogen
NEOG
$2.51B
| $11.3M | 0.01% |
+609,465
| New | +$13.3M |
|
1885
PUT
Valaris
VAL
$5.23B
| $11.3M | 0.01% |
+150,400
| New | +$11M |
|
1886
Rambus
RMBS
$9.72B
| $11.3M | 0.01% |
202,061
-281,525
| -58% | -$16M |
|
1887
CALL
Cintas
CTAS
$82.7B
| $11.3M | 0.01% |
93,600
+46,800
| +100% | +$5.83M |
|
1888
PUT
Seagate
STX
$193B
| $11.2M | 0.01% |
170,400
+115,600
| +211% | +$7.44M |
|
1889
New Mountain Finance
NMFC
$653M
| $11.2M | 0.01% |
867,555
+167,954
| +24% | +$2.14M |
|
|
HTLF
1890
DELISTED
Heartland Financial USA, Inc.
HTLF
| $11.2M | 0.01% |
381,335
-506,330
| -57% | -$15.7M |
|
1891
Quaker Houghton
KWR
$2.69B
| $11.2M | 0.01% |
70,079
-72,365
| -51% | -$12.9M |
|
1892
Knight Transportation
KNX
$11.3B
| $11.2M | 0.01% |
223,423
-193,528
| -46% | -$10.7M |
|
1893
Allison Transmission
ALSN
$9.57B
| $11.2M | 0.01% |
189,663
+850
| +0.5% | +$50K |
|
1894
CALL
Diamondback Energy
FANG
$56.2B
| $11.2M | 0.01% |
72,300
+44,800
| +163% | +$6.61M |
|
1895
NovoCure
NVCR
$1.77B
| $11.2M | 0.01% |
692,949
+648,133
| +1,446% | +$18.7M |
|
1896
CALL
Kinder Morgan
KMI
$70.5B
| $11.2M | 0.01% |
673,900
-25,800
| -4% | -$445K |
|
1897
Albany International
AIN
$2.1B
| $11.1M | 0.01% |
129,219
-55,903
| -30% | -$5.09M |
|
1898
CALL
General Mills
GIS
$19.4B
| $11.1M | 0.01% |
174,200
-14,500
| -8% | -$1.02M |
|
1899
NCR Voyix
VYX
$1.12B
| $11.1M | 0.01% |
+673,144
| New | +$11.5M |
|
1900
Perion Network
PERI
$377M
| $11.1M | 0.01% |
362,940
-158,191
| -30% | -$5.31M |
|
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.