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 | |
|---|---|---|---|---|---|---|
2576
CarMax
KMX
$8.13B
| $6.06M | ﹤0.01% |
69,621
+32,526
| +88% | +$2.46M |
|
2577
QuidelOrtho
QDEL
$1.14B
| $6.06M | ﹤0.01% |
126,309
+115,654
| +1,085% | +$6.74M |
|
2578
PUT
Citizens Financial Group
CFG
$30.3B
| $6.05M | ﹤0.01% |
166,800
-71,400
| -30% | -$2.34M |
|
2579
PUT
AB InBev
BUD
$170B
| $6.05M | ﹤0.01% |
99,500
-265,500
| -73% | -$16.6M |
|
2580
Douglas Dynamics
PLOW
$1.02B
| $6.04M | ﹤0.01% |
250,313
+229,358
| +1,095% | +$5.81M |
|
2581
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.1B
| $6.04M | ﹤0.01% |
+120,496
| New | +$5.74M |
|
2582
CALL
Ovintiv
OVV
$17.3B
| $6.03M | ﹤0.01% |
116,200
-199,600
| -63% | -$9.09M |
|
2583
Select Water Solutions
WTTR
$2.3B
| $6.03M | ﹤0.01% |
653,166
+55,061
| +9% | +$444K |
|
2584
Enterprise Financial Services Corp
EFSC
$2.4B
| $6.03M | ﹤0.01% |
148,624
-102,209
| -41% | -$4.19M |
|
2585
Pulmonx
LUNG
$68.8M
| $6.03M | ﹤0.01% |
650,234
-153,789
| -19% | -$1.8M |
|
|
FARO
2586
DELISTED
Faro Technologies
FARO
| $6.02M | ﹤0.01% |
279,975
-236,606
| -46% | -$5.13M |
|
|
STKL
2587
DELISTED
SunOpta
STKL
| $6.01M | ﹤0.01% |
+874,895
| New | +$5.4M |
|
2588
Gogo Inc
GOGO
$565M
| $6.01M | ﹤0.01% |
684,489
+323,631
| +90% | +$2.91M |
|
2589
HUTCHMED
HCM
$1.93B
| $6.01M | ﹤0.01% |
357,593
-34,263
| -9% | -$520K |
|
2590
PUT
HSBC
HSBC
$365B
| $6M | ﹤0.01% |
152,500
+93,600
| +159% | +$3.65M |
|
2591
Check Point Software Technologies
CHKP
$13B
| $6M | ﹤0.01% |
36,578
-124,468
| -77% | -$20M |
|
2592
GDS Holdings
GDS
$6.56B
| $6M | ﹤0.01% |
902,034
+529,635
| +142% | +$3.59M |
|
2593
Ranpak Holdings
PACK
$439M
| $5.99M | ﹤0.01% |
761,583
+636,049
| +507% | +$3.34M |
|
|
SRCL
2594
DELISTED
Stericycle Inc
SRCL
| $5.99M | ﹤0.01% |
+113,621
| New | +$5.72M |
|
2595
Autodesk
ADSK
$49.5B
| $5.99M | ﹤0.01% |
23,006
-230,367
| -91% | -$58.3M |
|
2596
Advanced Energy
AEIS
$11.6B
| $5.99M | ﹤0.01% |
58,748
+48,588
| +478% | +$4.95M |
|
2597
Exponent
EXPO
$3.24B
| $5.99M | ﹤0.01% |
72,412
+49,245
| +213% | +$4.07M |
|
2598
Global Ship Lease
GSL
$1.6B
| $5.99M | ﹤0.01% |
294,937
-703,766
| -70% | -$14.3M |
|
2599
Ramaco Resources Class A
METC
$599M
| $5.98M | ﹤0.01% |
367,255
-231,452
| -39% | -$4.1M |
|
|
SWI
2600
DELISTED
SolarWinds Corporation Common Stock
SWI
| $5.98M | ﹤0.01% |
474,132
-99,791
| -17% | -$1.22M |
|
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.