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 Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
Teekay
TK
$1.01B
| $6.26M | ﹤0.01% |
859,465
-270,314
| -24% | -$2.12M |
|
2552
CALL
Zions Bancorporation
ZION
$10.2B
| $6.23M | ﹤0.01% |
143,500
-73,900
| -34% | -$3.05M |
|
2553
CALL
DexCom
DXCM
$31.5B
| $6.23M | ﹤0.01% |
44,900
-2,900
| -6% | -$365K |
|
2554
LegalZoom.com
LZ
$1.35B
| $6.23M | ﹤0.01% |
466,709
+285,097
| +157% | +$3.28M |
|
2555
Credit Acceptance
CACC
$5.95B
| $6.22M | ﹤0.01% |
11,282
+8,081
| +252% | +$4.43M |
|
2556
CALL
BP
BP
$116B
| $6.22M | ﹤0.01% |
165,000
-493,700
| -75% | -$17.7M |
|
2557
V2X
VVX
$2.83B
| $6.21M | ﹤0.01% |
132,977
+118,998
| +851% | +$4.86M |
|
2558
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $6.21M | ﹤0.01% |
69,245
+32,538
| +89% | +$2.87M |
|
2559
Porch Group
PRCH
$1.64B
| $6.19M | ﹤0.01% |
1,436,931
+112,310
| +8% | +$335K |
|
2560
CALL
Generac Holdings
GNRC
$11.6B
| $6.18M | ﹤0.01% |
49,000
+11,800
| +32% | +$1.38M |
|
2561
EVgo
EVGO
$223M
| $6.16M | ﹤0.01% |
2,455,710
+942,811
| +62% | +$2.45M |
|
|
OPTU
2562
Optimum Communications Inc
OPTU
$298M
| $6.16M | ﹤0.01% |
2,361,615
-3,684,615
| -61% | -$9.27M |
|
2563
Broadstone Net Lease
BNL
$4.11B
| $6.15M | ﹤0.01% |
392,581
-1,904,919
| -83% | -$30M |
|
|
DCBO
2564
Docebo
DCBO
$525M
| $6.15M | ﹤0.01% |
125,628
+103,729
| +474% | +$4.98M |
|
2565
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.33B
| $6.14M | ﹤0.01% |
+444,150
| New | +$4.31M |
|
2566
LXP Industrial Trust
LXP
$3.57B
| $6.13M | ﹤0.01% |
135,946
-15,306
| -10% | -$696K |
|
2567
Solventum
SOLV
$14.8B
| $6.11M | ﹤0.01% |
+87,831
| New | +$6.57M |
|
2568
Trupanion
TRUP
$1.07B
| $6.09M | ﹤0.01% |
220,674
-312,823
| -59% | -$8.73M |
|
2569
NexGen Energy
NXE
$6.06B
| $6.09M | ﹤0.01% |
782,936
-1,028,044
| -57% | -$7.63M |
|
2570
Virtus Investment Partners
VRTS
$1.06B
| $6.08M | ﹤0.01% |
24,524
+18,745
| +324% | +$4.44M |
|
2571
Seaboard Corp
SEB
$4.23B
| $6.08M | ﹤0.01% |
1,886
+1,236
| +190% | +$4.25M |
|
2572
CALL
Zimmer Biomet
ZBH
$18.2B
| $6.07M | ﹤0.01% |
46,000
-54,000
| -54% | -$6.75M |
|
2573
CALL
Sprott Uranium Miners ETF
URNM
$1.76B
| $6.07M | ﹤0.01% |
123,100
+73,100
| +146% | +$3.74M |
|
2574
PUT
PennyMac Financial
PFSI
$3.92B
| $6.07M | ﹤0.01% |
66,600
-56,100
| -46% | -$4.9M |
|
2575
IDEAYA Biosciences
IDYA
$3.42B
| $6.06M | ﹤0.01% |
+138,211
| New | +$5.94M |
|
Similar funds
Millennium Management's Q1 2024 Portfolio in Review
As of Q1 2024, Millennium Management held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Millennium Management withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in iShares Bitcoin Trust worth $844M.
- Millennium Management's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Millennium Management added most to Merck in Q1 2024, an estimated $496M increase.
- Millennium Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Millennium Management fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Millennium Management's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Millennium Management opened 858 new positions and closed 745 in Q1 2024.
- Millennium Management's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.