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 | |
|---|---|---|---|---|---|---|
2301
Zegna
ZGN
$3.95B
| $7.28M | ﹤0.01% |
522,631
-83,081
| -14% | -$1.21M |
|
2302
HEICO Corp
HEI
$49.8B
| $7.25M | ﹤0.01% |
44,791
+20,924
| +88% | +$3.55M |
|
2303
CALL
Cognizant
CTSH
$24.9B
| $7.25M | ﹤0.01% |
107,000
+78,100
| +270% | +$5.39M |
|
2304
Life Time Group Holdings
LTH
$10.1B
| $7.21M | ﹤0.01% |
473,921
-85,953
| -15% | -$1.52M |
|
2305
Kinsale Capital Group
KNSL
$8.12B
| $7.2M | ﹤0.01% |
17,386
-139,274
| -89% | -$54.1M |
|
2306
Babcock & Wilcox
BW
$1.39B
| $7.19M | ﹤0.01% |
1,708,123
+935,906
| +121% | +$4.89M |
|
|
GPMT
2307
Granite Point Mortgage Trust
GPMT
$69M
| $7.18M | ﹤0.01% |
1,472,156
-572,843
| -28% | -$3.08M |
|
2308
CALL
Pinterest
PINS
$13.4B
| $7.16M | ﹤0.01% |
264,800
-14,600
| -5% | -$399K |
|
2309
Cushman & Wakefield Ltd
CWK
$3.14B
| $7.16M | ﹤0.01% |
939,222
+850,592
| +960% | +$7.7M |
|
2310
Kyndryl
KD
$2.99B
| $7.15M | ﹤0.01% |
+473,394
| New | +$7.02M |
|
2311
CALL
Bio-Techne
TECH
$11.2B
| $7.15M | ﹤0.01% |
105,000
+90,000
| +600% | +$7.11M |
|
2312
CALL
Keysight
KEYS
$54.5B
| $7.14M | ﹤0.01% |
54,000
+46,800
| +650% | +$6.93M |
|
2313
CALL
Yum China
YUMC
$16.5B
| $7.14M | ﹤0.01% |
128,100
-175,900
| -58% | -$9.84M |
|
2314
Insight Enterprises
NSIT
$3.89B
| $7.14M | ﹤0.01% |
49,051
-56,571
| -54% | -$8.43M |
|
2315
Arbor Realty Trust
ABR
$964M
| $7.13M | ﹤0.01% |
469,898
-2,137,405
| -82% | -$33.8M |
|
|
PDS
2316
Precision Drilling
PDS
$999M
| $7.13M | ﹤0.01% |
106,230
-4,704
| -4% | -$299K |
|
|
NXRT
2317
NexPoint Residential Trust
NXRT
$666M
| $7.12M | ﹤0.01% |
221,352
-32,750
| -13% | -$1.29M |
|
2318
Acumen Pharmaceuticals
ABOS
$155M
| $7.12M | ﹤0.01% |
1,716,290
+570,272
| +50% | +$3.52M |
|
2319
NexGen Energy
NXE
$6.06B
| $7.1M | ﹤0.01% |
1,184,852
-2,366,431
| -67% | -$12.2M |
|
2320
CALL
Exelon
EXC
$46.9B
| $7.1M | ﹤0.01% |
187,800
+120,900
| +181% | +$4.93M |
|
2321
CALL
CONMED
CNMD
$1.39B
| $7.06M | ﹤0.01% |
+70,000
| New | +$8.04M |
|
2322
Goodyear
GT
$2B
| $7.06M | ﹤0.01% |
567,615
-326,983
| -37% | -$4.44M |
|
2323
CALL
Emerson Electric
EMR
$83.9B
| $7.05M | ﹤0.01% |
73,000
-201,800
| -73% | -$19.2M |
|
2324
Mercury Insurance
MCY
$5.93B
| $7.04M | ﹤0.01% |
251,298
+58,633
| +30% | +$1.73M |
|
2325
PUT
Hershey
HSY
$35.5B
| $7.04M | ﹤0.01% |
35,200
-44,000
| -56% | -$9.85M |
|
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.