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 | |
|---|---|---|---|---|---|---|
1951
Manchester United
MANU
$4.04B
| $10.6M | 0.01% |
534,096
+78,456
| +17% | +$1.71M |
|
1952
TotalEnergies
TTE
$193B
| $10.5M | 0.01% |
160,410
-125,906
| -44% | -$7.79M |
|
|
SFBS
1953
ServisFirst Bancshares
SFBS
$4.88B
| $10.5M | 0.01% |
202,100
-18,585
| -8% | -$983K |
|
1954
Intuit
INTU
$86.3B
| $10.5M | 0.01% |
20,602
-147,854
| -88% | -$74.8M |
|
1955
Gladstone Capital
GLAD
$426M
| $10.5M | 0.01% |
545,821
+237,898
| +77% | +$4.92M |
|
1956
Kiniksa Pharmaceuticals
KNSA
$6.1B
| $10.5M | 0.01% |
605,574
+272,828
| +82% | +$4.6M |
|
|
GES
1957
DELISTED
Guess Inc
GES
| $10.5M | 0.01% |
485,939
+461,221
| +1,866% | +$9.75M |
|
1958
Evolus
EOLS
$396M
| $10.5M | 0.01% |
1,150,107
-892,131
| -44% | -$8M |
|
1959
Kulicke & Soffa
KLIC
$4.62B
| $10.5M | 0.01% |
216,047
+78,653
| +57% | +$4.17M |
|
1960
ON Semiconductor
ON
$32.6B
| $10.5M | 0.01% |
113,021
-5,733
| -5% | -$557K |
|
1961
The Bancorp
TBBK
$2.7B
| $10.5M | 0.01% |
304,180
-117,534
| -28% | -$4.28M |
|
1962
RLJ Lodging Trust
RLJ
$1.87B
| $10.5M | 0.01% |
1,071,259
-216,211
| -17% | -$2.16M |
|
1963
CALL
CenterPoint Energy
CNP
$27.8B
| $10.5M | 0.01% |
390,500
-10,500
| -3% | -$303K |
|
1964
Tandem Diabetes Care
TNDM
$1.3B
| $10.5M | 0.01% |
503,869
-543,516
| -52% | -$14.9M |
|
1965
Alamo Group
ALG
$1.92B
| $10.5M | 0.01% |
60,492
+14,425
| +31% | +$2.58M |
|
1966
Chegg
CHGG
$118M
| $10.4M | 0.01% |
1,170,154
+760,380
| +186% | +$7.41M |
|
1967
Enterprise Financial Services Corp
EFSC
$2.39B
| $10.4M | 0.01% |
278,240
+140,525
| +102% | +$5.61M |
|
1968
Sasol
SSL
$7.51B
| $10.4M | 0.01% |
762,054
+312,852
| +70% | +$4.1M |
|
1969
CALL
Paychex
PAYX
$41.4B
| $10.4M | 0.01% |
90,200
+76,800
| +573% | +$9.26M |
|
|
RDFN
1970
DELISTED
Redfin
RDFN
| $10.3M | 0.01% |
1,470,056
-199,876
| -12% | -$2.2M |
|
|
DMC
1971
Del Monte Corp
DMC
$1.41B
| $10.3M | 0.01% |
400,101
+34,799
| +10% | +$910K |
|
1972
CALL
Veeva Systems
VEEV
$32.7B
| $10.3M | 0.01% |
50,800
+20,600
| +68% | +$4.15M |
|
|
EMBJ
1973
Embraer S.A. ADS
EMBJ
$12.1B
| $10.3M | 0.01% |
752,905
-205,411
| -21% | -$3.06M |
|
1974
Consolidated Edison
ED
$40.4B
| $10.3M | 0.01% |
120,527
-216,175
| -64% | -$19.7M |
|
1975
TC Energy
TRP
$70.9B
| $10.3M | 0.01% |
+298,374
| New | +$11M |
|
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.