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 | |
|---|---|---|---|---|---|---|
2026
PUT
Insulet
PODD
$11.8B
| $9.54M | ﹤0.01% |
33,100
+31,100
| +1,555% | +$9.45M |
|
2027
Coherent
COHR
$43.4B
| $9.54M | ﹤0.01% |
187,152
-98,535
| -34% | -$3.66M |
|
2028
CALL
McKesson
MCK
$104B
| $9.53M | ﹤0.01% |
22,300
+2,500
| +13% | +$961K |
|
2029
iShares MSCI USA Min Vol Factor ETF
USMV
$23.6B
| $9.47M | ﹤0.01% |
127,392
-30,650
| -19% | -$2.24M |
|
|
CSGS
2030
DELISTED
CSG Systems International
CSGS
| $9.46M | ﹤0.01% |
179,420
-323,497
| -64% | -$16.5M |
|
2031
MiMedx Group
MDXG
$630M
| $9.43M | ﹤0.01% |
1,427,032
+1,373,237
| +2,553% | +$7M |
|
2032
Emergent Biosolutions
EBS
$379M
| $9.42M | ﹤0.01% |
1,282,274
+876,273
| +216% | +$8.13M |
|
2033
Brookdale Senior Living
BKD
$3.55B
| $9.4M | ﹤0.01% |
2,226,454
-437,186
| -16% | -$1.69M |
|
2034
PUT
Copart
CPRT
$28.5B
| $9.39M | ﹤0.01% |
206,000
+200,200
| +3,452% | +$8.3M |
|
|
DMC
2035
Del Monte Corp
DMC
$1.42B
| $9.39M | ﹤0.01% |
365,302
+224,074
| +159% | +$6.18M |
|
2036
Opko Health
OPK
$1.02B
| $9.39M | ﹤0.01% |
4,326,865
-2,094,967
| -33% | -$3.28M |
|
2037
CALL
Arbor Realty Trust
ABR
$977M
| $9.38M | ﹤0.01% |
633,100
+133,100
| +27% | +$1.65M |
|
2038
NET Power
NPWR
$120M
| $9.38M | ﹤0.01% |
721,726
-485,529
| -40% | -$5.4M |
|
2039
CALL
Silgan Holdings
SLGN
$4.51B
| $9.38M | ﹤0.01% |
+200,000
| New | +$9.73M |
|
2040
Replimune Group
REPL
$454M
| $9.38M | ﹤0.01% |
403,873
-184,088
| -31% | -$3.6M |
|
2041
PUT
Hewlett Packard
HPE
$58.8B
| $9.37M | ﹤0.01% |
557,800
+515,200
| +1,209% | +$7.88M |
|
2042
PUT
Okta
OKTA
$23.8B
| $9.36M | ﹤0.01% |
+134,900
| New | +$10.2M |
|
2043
Alamos Gold
AGI
$12B
| $9.34M | ﹤0.01% |
783,865
+168,884
| +27% | +$2.15M |
|
2044
CALL
Akamai
AKAM
$15.6B
| $9.34M | ﹤0.01% |
103,900
+99,200
| +2,111% | +$8.5M |
|
2045
Mercer International
MERC
$40.5M
| $9.33M | ﹤0.01% |
1,156,741
+450,051
| +64% | +$4.09M |
|
2046
N-able
NABL
$844M
| $9.33M | ﹤0.01% |
647,779
+439,194
| +211% | +$6.08M |
|
2047
Bentley Systems
BSY
$11.2B
| $9.32M | ﹤0.01% |
171,835
-13,357
| -7% | -$623K |
|
2048
ArcBest
ARCB
$3.15B
| $9.32M | ﹤0.01% |
94,304
-28,687
| -23% | -$2.56M |
|
2049
Universal Insurance Holdings
UVE
$1.26B
| $9.31M | ﹤0.01% |
603,251
+391,090
| +184% | +$6.48M |
|
2050
Academy Sports + Outdoors
ASO
$3.04B
| $9.31M | ﹤0.01% |
172,188
+10,333
| +6% | +$594K |
|
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.