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 | |
|---|---|---|---|---|---|---|
1951
MasterCraft Boat Holdings
MCFT
$596M
| $10.3M | 0.01% |
335,866
+40,899
| +14% | +$1.18M |
|
1952
Commercial Vehicle Group
CVGI
$147M
| $10.3M | 0.01% |
925,179
+413,517
| +81% | +$3.75M |
|
1953
J&J Snack Foods
JJSF
$1.49B
| $10.3M | 0.01% |
64,756
+48,884
| +308% | +$7.59M |
|
1954
Victory Capital Holdings
VCTR
$6.09B
| $10.2M | 0.01% |
324,862
-81,821
| -20% | -$2.53M |
|
1955
Acadia Realty Trust
AKR
$3.02B
| $10.2M | 0.01% |
711,045
+649,356
| +1,053% | +$8.76M |
|
1956
Urban Edge Properties
UE
$2.9B
| $10.2M | 0.01% |
662,956
+379,188
| +134% | +$5.46M |
|
|
ESTE
1957
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $10.2M | 0.01% |
713,295
-1,976,758
| -73% | -$26.4M |
|
1958
IQVIA
IQV
$40.7B
| $10.2M | 0.01% |
45,330
-204,891
| -82% | -$41.1M |
|
1959
CALL
MaxLinear
MXL
$5.19B
| $10.2M | 0.01% |
+322,500
| New | +$9.32M |
|
1960
Weis Markets
WMK
$1.92B
| $10.2M | 0.01% |
158,477
+145,716
| +1,142% | +$10.6M |
|
|
SPNS
1961
DELISTED
Sapiens International
SPNS
| $10.2M | 0.01% |
382,461
+246,811
| +182% | +$5.82M |
|
1962
The Mosaic Company
MOS
$7.19B
| $10.2M | 0.01% |
290,609
+149,776
| +106% | +$5.79M |
|
|
AMK
1963
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $10.2M | 0.01% |
342,735
+31,735
| +10% | +$932K |
|
|
PLYA
1964
DELISTED
Playa Hotels & Resorts
PLYA
| $10.2M | 0.01% |
1,248,293
-1,751,688
| -58% | -$15.9M |
|
1965
Rogers Corp
ROG
$2.08B
| $10.2M | 0.01% |
62,688
+47,715
| +319% | +$7.57M |
|
1966
B&G Foods
BGS
$303M
| $10.2M | 0.01% |
+729,238
| New | +$10.5M |
|
1967
Rayonier Advanced Materials
RYAM
$562M
| $10.1M | 0.01% |
2,366,074
+906,617
| +62% | +$4.29M |
|
1968
CALL
O'Reilly Automotive
ORLY
$75.1B
| $10.1M | 0.01% |
+159,000
| New | +$9.71M |
|
1969
ACM Research
ACMR
$4.51B
| $10.1M | 0.01% |
772,589
-562,640
| -42% | -$5.93M |
|
|
ELME
1970
Elme Communities
ELME
$145M
| $10.1M | 0.01% |
614,005
+511,642
| +500% | +$8.45M |
|
1971
Terex
TEX
$7.37B
| $10.1M | 0.01% |
168,540
-43,796
| -21% | -$2.17M |
|
|
LBAI
1972
DELISTED
Lakeland Bancorp Inc
LBAI
| $10.1M | 0.01% |
753,053
+276,060
| +58% | +$3.85M |
|
1973
Arvinas
ARVN
$530M
| $10.1M | 0.01% |
406,157
+162,275
| +67% | +$4.17M |
|
|
VRE
1974
DELISTED
Veris Residential
VRE
| $10.1M | 0.01% |
626,787
+163,532
| +35% | +$2.64M |
|
|
NAPA
1975
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $10.1M | 0.01% |
775,564
+136,931
| +21% | +$1.94M |
|
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.