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 | |
|---|---|---|---|---|---|---|
2001
Best Buy
BBY
$18.5B
| $9.99M | 0.01% |
143,838
+102,728
| +250% | +$7.94M |
|
2002
iShares US Home Construction ETF
ITB
$2.29B
| $9.99M | 0.01% |
127,302
-449,245
| -78% | -$38.1M |
|
2003
Sun Life Financial
SLF
$45.9B
| $9.99M | 0.01% |
204,387
+63,105
| +45% | +$3.16M |
|
2004
Navigator Holdings
NVGS
$1.37B
| $9.96M | 0.01% |
674,607
-27,498
| -4% | -$380K |
|
2005
ePlus
PLUS
$2.38B
| $9.93M | 0.01% |
156,344
+98,282
| +169% | +$6.07M |
|
2006
CALL
Invesco Solar ETF
TAN
$1.43B
| $9.92M | 0.01% |
191,500
+63,700
| +50% | +$3.92M |
|
2007
Penske Automotive Group
PAG
$14.5B
| $9.87M | 0.01% |
59,083
-170,011
| -74% | -$28.4M |
|
2008
iShares MSCI Brazil ETF
EWZ
$9.25B
| $9.87M | 0.01% |
321,823
-239,237
| -43% | -$7.6M |
|
2009
IDEX
IEX
$17.2B
| $9.87M | 0.01% |
47,427
-28,755
| -38% | -$6.24M |
|
|
TDAY
2010
USA Today Co
TDAY
$1.28B
| $9.86M | 0.01% |
4,024,494
-297,681
| -7% | -$823K |
|
2011
Essent Group
ESNT
$6.12B
| $9.84M | 0.01% |
208,172
+167,480
| +412% | +$8.3M |
|
2012
PUT
CF Industries
CF
$19.3B
| $9.83M | 0.01% |
114,700
+57,600
| +101% | +$4.55M |
|
2013
Sunstone Hotel Investors
SHO
$2.18B
| $9.83M | 0.01% |
1,051,586
+761,899
| +263% | +$7.2M |
|
2014
Immunocore
IMCR
$1.72B
| $9.83M | 0.01% |
+189,382
| New | +$11.2M |
|
2015
Perdoceo Education
PRDO
$2.04B
| $9.83M | 0.01% |
574,761
+321,534
| +127% | +$4.9M |
|
|
UNIT
2016
Uniti Group
UNIT
$2.26B
| $9.82M | 0.01% |
2,081,283
-916,202
| -31% | -$4.69M |
|
2017
CALL
Charles River Laboratories
CRL
$11.3B
| $9.82M | 0.01% |
50,100
+26,800
| +115% | +$5.5M |
|
2018
Savers
SVV
$1.59B
| $9.82M | 0.01% |
525,714
-351,015
| -40% | -$8.1M |
|
2019
OneMain Financial
OMF
$7.32B
| $9.81M | 0.01% |
244,821
-728,214
| -75% | -$31.1M |
|
2020
Camtek
CAMT
$6.4B
| $9.79M | ﹤0.01% |
157,324
-101,550
| -39% | -$5.01M |
|
2021
Cabot Corp
CBT
$4.55B
| $9.79M | ﹤0.01% |
141,394
+115,871
| +454% | +$8.06M |
|
2022
CALL
Advance Auto Parts
AAP
$3.39B
| $9.79M | ﹤0.01% |
175,000
+121,500
| +227% | +$8.14M |
|
2023
Prologis
PLD
$136B
| $9.74M | ﹤0.01% |
86,802
-1,205,307
| -93% | -$147M |
|
2024
CALL
Trade Desk
TTD
$8.59B
| $9.74M | ﹤0.01% |
124,600
+104,300
| +514% | +$8.43M |
|
|
EVA
2025
DELISTED
Enviva Inc.
EVA
| $9.74M | ﹤0.01% |
1,303,389
-134,989
| -9% | -$1.4M |
|
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.