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 | |
|---|---|---|---|---|---|---|
2451
F5
FFIV
$22.1B
| $5.97M | ﹤0.01% |
40,826
-90,069
| -69% | -$12.8M |
|
2452
Novartis
NVS
$301B
| $5.97M | ﹤0.01% |
59,154
-888,068
| -94% | -$88.8M |
|
2453
PUT
ArcelorMittal
MT
$52.3B
| $5.96M | ﹤0.01% |
218,000
+174,800
| +405% | +$4.8M |
|
2454
Vuzix
VUZI
$194M
| $5.96M | ﹤0.01% |
1,168,510
+1,041,430
| +820% | +$4.61M |
|
2455
iShares TIPS Bond ETF
TIP
$14.5B
| $5.95M | ﹤0.01% |
55,303
+30,543
| +123% | +$3.33M |
|
2456
Community Health Systems
CYH
$391M
| $5.94M | ﹤0.01% |
1,350,938
+1,145,544
| +558% | +$4.88M |
|
2457
Center Bancorp
CNOB
$1.66B
| $5.94M | ﹤0.01% |
358,102
+225,731
| +171% | +$3.52M |
|
|
CGAU
2458
Centerra Gold
CGAU
$3.58B
| $5.94M | ﹤0.01% |
990,202
-642,781
| -39% | -$4.08M |
|
|
SVII
2459
DELISTED
Spring Valley Acquisition Corp II
SVII
| $5.93M | ﹤0.01% |
562,000
-480,000
| -46% | -$5.02M |
|
2460
Alaska Air
ALK
$5.27B
| $5.93M | ﹤0.01% |
111,445
+8,010
| +8% | +$364K |
|
2461
Pegasystems
PEGA
$4.94B
| $5.92M | ﹤0.01% |
240,258
-753,706
| -76% | -$17.5M |
|
2462
PUT
Exelon
EXC
$46.6B
| $5.91M | ﹤0.01% |
145,100
-253,600
| -64% | -$10.5M |
|
2463
PUT
HP
HPQ
$24.6B
| $5.91M | ﹤0.01% |
192,300
+38,100
| +25% | +$1.14M |
|
|
OLO
2464
DELISTED
Olo Inc
OLO
| $5.89M | ﹤0.01% |
912,208
+586,115
| +180% | +$4.22M |
|
|
GFGD
2465
DELISTED
The Growth for Good Acquisition Corporation Class A Ordinary Shares
GFGD
| $5.89M | ﹤0.01% |
564,000
| – | – |
|
|
SHOE
2466
Shoe Station Group
SHOE
$420M
| $5.89M | ﹤0.01% |
250,751
-529,083
| -68% | -$12.1M |
|
|
IVCA
2467
DELISTED
Investcorp India Acquisition Corp
IVCA
| $5.88M | ﹤0.01% |
550,000
| – | – |
|
|
RPT
2468
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $5.88M | ﹤0.01% |
562,942
+257,274
| +84% | +$2.44M |
|
2469
C4 Therapeutics
CCCC
$405M
| $5.87M | ﹤0.01% |
2,135,597
+1,982,041
| +1,291% | +$6.37M |
|
2470
Franklin Covey
FC
$243M
| $5.87M | ﹤0.01% |
134,291
-152,088
| -53% | -$5.63M |
|
2471
Afya
AFYA
$1.31B
| $5.86M | ﹤0.01% |
417,552
-305,251
| -42% | -$3.74M |
|
|
SRG
2472
CALL
Seritage Growth Properties
SRG
$137M
| $5.86M | ﹤0.01% |
+656,500
| New | +$5.25M |
|
2473
LSB Industries
LXU
$794M
| $5.84M | ﹤0.01% |
592,810
-8,765
| -1% | -$83.9K |
|
2474
Vaalco Energy
EGY
$567M
| $5.84M | ﹤0.01% |
1,552,772
+194,414
| +14% | +$793K |
|
2475
Affirm
AFRM
$24.5B
| $5.83M | ﹤0.01% |
380,531
+48,580
| +15% | +$644K |
|
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.