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 | |
|---|---|---|---|---|---|---|
|
CTV
2826
DELISTED
Innovid Corp.
CTV
| $4.61M | ﹤0.01% |
1,852,849
+900,466
| +95% | +$1.56M |
|
2827
PUT
EPAM Systems
EPAM
$5.52B
| $4.61M | ﹤0.01% |
16,700
-3,800
| -19% | -$1.12M |
|
2828
State Street Materials Select Sector SPDR ETF
XLB
$8.32B
| $4.61M | ﹤0.01% |
99,158
-552,886
| -85% | -$23.8M |
|
2829
CALL
BCE
BCE
$20.2B
| $4.6M | ﹤0.01% |
+100,000
| New | +$3.81M |
|
|
2830
PUT
BCE
BCE
$20.2B
| $4.6M | ﹤0.01% |
+100,000
| New | +$3.81M |
|
2831
Towne Bank
TOWN
$3.49B
| $4.6M | ﹤0.01% |
163,899
+137,135
| +512% | +$3.81M |
|
2832
Universal Insurance Holdings
UVE
$1.22B
| $4.59M | ﹤0.01% |
226,114
-279,137
| -55% | -$5.03M |
|
|
YMAB
2833
DELISTED
Y-mAbs Therapeutics
YMAB
| $4.59M | ﹤0.01% |
282,551
+261,490
| +1,242% | +$3.52M |
|
2834
National CineMedia
NCMI
$391M
| $4.59M | ﹤0.01% |
891,597
+758,847
| +572% | +$3.23M |
|
2835
CALL
Shutterstock
SSTK
$218M
| $4.59M | ﹤0.01% |
100,200
+86,600
| +637% | +$4.13M |
|
2836
CALL
Jabil
JBL
$33.6B
| $4.58M | ﹤0.01% |
34,200
+28,900
| +545% | +$3.88M |
|
2837
Turning Point Brands
TPB
$1.54B
| $4.58M | ﹤0.01% |
+156,332
| New | +$3.98M |
|
2838
Orion Group Holdings
ORN
$402M
| $4.58M | ﹤0.01% |
558,455
+418,761
| +300% | +$2.72M |
|
2839
State Street Communication Services Select Sector SPDR ETF
XLC
$22.4B
| $4.58M | ﹤0.01% |
56,039
-597,870
| -91% | -$46.6M |
|
2840
Foster
FSTR
$435M
| $4.55M | ﹤0.01% |
166,476
+117,007
| +237% | +$2.76M |
|
2841
Renasant Corp
RNST
$4.02B
| $4.54M | ﹤0.01% |
145,080
+131,194
| +945% | +$4.11M |
|
2842
Paysafe
PSFE
$407M
| $4.54M | ﹤0.01% |
287,672
+233,663
| +433% | +$3.27M |
|
2843
iQIYI
IQ
$1.3B
| $4.54M | ﹤0.01% |
1,073,760
+277,334
| +35% | +$1.07M |
|
2844
Lyell Immunopharma
LYEL
$314M
| $4.54M | ﹤0.01% |
101,834
+56,883
| +127% | +$2.44M |
|
2845
American Vanguard Corp
AVD
$70.9M
| $4.54M | ﹤0.01% |
350,555
-600,802
| -63% | -$6.59M |
|
2846
CALL
Ally Financial
ALLY
$13.5B
| $4.54M | ﹤0.01% |
111,800
+86,700
| +345% | +$3.17M |
|
2847
ADC Therapeutics
ADCT
$134M
| $4.54M | ﹤0.01% |
1,010,437
-1,662,373
| -62% | -$6.13M |
|
2848
Innovative Industrial Properties
IIPR
$1.7B
| $4.54M | ﹤0.01% |
+43,814
| New | +$4.18M |
|
|
PLL
2849
DELISTED
Piedmont Lithium
PLL
| $4.53M | ﹤0.01% |
340,422
+255,227
| +300% | +$4.1M |
|
2850
Trex
TREX
$4.63B
| $4.52M | ﹤0.01% |
45,353
-180,056
| -80% | -$16M |
|
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.