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 | |
|---|---|---|---|---|---|---|
251
CALL
Morgan Stanley
MS
$319B
| $167M | 0.07% |
1,776,600
+209,700
| +13% | +$18.5M |
|
252
PUT
Pinduoduo
PDD
$126B
| $167M | 0.07% |
1,434,000
-951,600
| -40% | -$125M |
|
253
Lam Research
LRCX
$316B
| $167M | 0.07% |
1,713,900
+1,492,470
| +674% | +$131M |
|
254
PUT
Coinbase
COIN
$42.2B
| $166M | 0.07% |
625,700
-281,200
| -31% | -$50.6M |
|
|
CNH
255
CNH Industrial
CNH
$13.3B
| $166M | 0.07% |
12,789,485
-9,348,091
| -42% | -$113M |
|
256
Motorola Solutions
MSI
$72.1B
| $166M | 0.07% |
466,923
-39,289
| -8% | -$12.9M |
|
257
CALL
Micron Technology
MU
$835B
| $166M | 0.07% |
1,404,600
+152,200
| +12% | +$13.8M |
|
258
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.54B
| $165M | 0.07% |
1,062,800
+416,200
| +64% | +$57.6M |
|
259
CALL
Walt Disney
DIS
$171B
| $164M | 0.07% |
1,343,600
+113,800
| +9% | +$11.9M |
|
260
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $164M | 0.07% |
1,732,600
+1,413,400
| +443% | +$134M |
|
261
Huntington Bancshares
HBAN
$34B
| $163M | 0.07% |
11,694,258
+8,742,126
| +296% | +$113M |
|
262
Wells Fargo
WFC
$254B
| $163M | 0.07% |
2,808,799
-1,076,238
| -28% | -$56.3M |
|
263
PUT
Zoetis
ZTS
$32.7B
| $163M | 0.07% |
961,100
+916,000
| +2,031% | +$172M |
|
264
Newmont
NEM
$96.2B
| $162M | 0.07% |
4,530,604
+2,515,847
| +125% | +$86.7M |
|
265
CSX Corp
CSX
$94B
| $161M | 0.07% |
4,330,876
+2,115,052
| +95% | +$77.2M |
|
|
SKX
266
DELISTED
Skechers
SKX
| $160M | 0.07% |
2,617,449
+1,369,309
| +110% | +$83.6M |
|
267
PUT
Blackstone
BX
$104B
| $160M | 0.07% |
1,219,000
+517,900
| +74% | +$64.7M |
|
268
Northern Trust
NTRS
$21.8B
| $159M | 0.07% |
1,792,623
+1,288,056
| +255% | +$106M |
|
269
Albertsons Companies
ACI
$5.91B
| $159M | 0.07% |
7,397,870
+1,907,204
| +35% | +$40.9M |
|
270
TransUnion
TRU
$16B
| $158M | 0.07% |
+1,975,906
| New | +$145M |
|
|
WRK
271
DELISTED
WestRock Company
WRK
| $156M | 0.07% |
3,154,186
+669,321
| +27% | +$29.2M |
|
272
Eastman Chemical
EMN
$7.69B
| $156M | 0.07% |
1,554,938
-495,430
| -24% | -$43.6M |
|
273
Eaton
ETN
$141B
| $155M | 0.07% |
496,611
+29,878
| +6% | +$8.17M |
|
274
CALL
Johnson & Johnson
JNJ
$640B
| $155M | 0.07% |
980,700
+150,300
| +18% | +$23.9M |
|
275
CALL
Procter & Gamble
PG
$340B
| $155M | 0.07% |
955,300
-257,500
| -21% | -$40.4M |
|
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.