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 | |
|---|---|---|---|---|---|---|
1976
Empire State Realty Trust
ESRT
$862M
| $10.3M | 0.01% |
1,277,984
-400,753
| -24% | -$3.35M |
|
1977
Kinetik
KNTK
$3.68B
| $10.3M | 0.01% |
304,408
+78,517
| +35% | +$2.76M |
|
1978
PUT
Honda
HMC
$39.9B
| $10.3M | 0.01% |
305,000
+82,900
| +37% | +$2.67M |
|
|
INST
1979
DELISTED
Instructure Holdings, Inc.
INST
| $10.2M | 0.01% |
403,326
+298,497
| +285% | +$7.73M |
|
1980
Watts Water Technologies
WTS
$11.5B
| $10.2M | 0.01% |
59,170
-37,720
| -39% | -$6.9M |
|
1981
Hess Midstream
HESM
$5.17B
| $10.2M | 0.01% |
350,555
-214,810
| -38% | -$6.48M |
|
1982
VanEck Oil Services ETF
OIH
$2.01B
| $10.2M | 0.01% |
29,508
-23,295
| -44% | -$7.88M |
|
1983
Fox Class B
FOX
$22B
| $10.2M | 0.01% |
352,159
+221,846
| +170% | +$6.79M |
|
|
MRO
1984
CALL
DELISTED
Marathon Oil Corporation
MRO
| $10.2M | 0.01% |
380,000
+3,900
| +1% | +$101K |
|
1985
PUT
HP
HPQ
$24.6B
| $10.1M | 0.01% |
394,500
+202,200
| +105% | +$6.2M |
|
1986
Fomento Económico Mexicano
FMX
$43.2B
| $10.1M | 0.01% |
92,867
+20,003
| +27% | +$2.22M |
|
1987
SL Green Realty
SLG
$3.81B
| $10.1M | 0.01% |
271,579
-387,139
| -59% | -$13.9M |
|
|
AGTI
1988
DELISTED
Agiliti Inc
AGTI
| $10.1M | 0.01% |
+1,560,418
| New | +$18.9M |
|
1989
Coeur Mining
CDE
$15.9B
| $10.1M | 0.01% |
4,559,768
+458,909
| +11% | +$1.2M |
|
|
PPLI
1990
People Inc
PPLI
$3.08B
| $10.1M | 0.01% |
244,546
-198,567
| -45% | -$9.63M |
|
1991
LendingTree
TREE
$445M
| $10.1M | 0.01% |
651,730
+287,617
| +79% | +$5.83M |
|
|
ACRE
1992
Ares Commercial Real Estate
ACRE
$239M
| $10.1M | 0.01% |
1,060,514
+100,124
| +10% | +$1.03M |
|
1993
DXC Technology
DXC
$1.82B
| $10.1M | 0.01% |
484,089
-165,495
| -25% | -$3.8M |
|
1994
Castle Biosciences
CSTL
$813M
| $10.1M | 0.01% |
595,096
-440,497
| -43% | -$7.7M |
|
1995
PUT
iShares MSCI Canada ETF
EWC
$6.17B
| $10M | 0.01% |
300,000
| – | – |
|
1996
Granite Construction
GVA
$5.03B
| $10M | 0.01% |
263,987
+234,702
| +801% | +$9.53M |
|
|
LTHM
1997
PUT
DELISTED
Livent Corporation
LTHM
| $10M | 0.01% |
+545,000
| New | +$12.5M |
|
1998
CALL
Arbor Realty Trust
ABR
$921M
| $10M | 0.01% |
660,900
+27,800
| +4% | +$440K |
|
1999
Lattice Semiconductor
LSCC
$17.7B
| $10M | 0.01% |
116,732
+99,119
| +563% | +$8.95M |
|
2000
iShares MSCI Taiwan ETF
EWT
$9.6B
| $10M | 0.01% |
224,818
+117,294
| +109% | +$5.43M |
|
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.