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 | |
|---|---|---|---|---|---|---|
2926
ONE Gas
OGS
$4.92B
| $4.24M | ﹤0.01% |
65,719
-147,227
| -69% | -$9.03M |
|
2927
Stewart Information Services
STC
$2.1B
| $4.24M | ﹤0.01% |
65,166
+17,257
| +36% | +$1.05M |
|
2928
PUT
Illinois Tool Works
ITW
$83B
| $4.24M | ﹤0.01% |
15,800
-13,500
| -46% | -$3.51M |
|
2929
The Greenbrier Companies
GBX
$1.54B
| $4.24M | ﹤0.01% |
81,310
+51,723
| +175% | +$2.49M |
|
2930
Weibo
WB
$2.01B
| $4.23M | ﹤0.01% |
465,760
+350,548
| +304% | +$3.18M |
|
|
KDK
2931
Kodiak AI
KDK
$827M
| $4.23M | ﹤0.01% |
400,000
| – | – |
|
|
AAT
2932
American Assets Trust
AAT
$1.47B
| $4.21M | ﹤0.01% |
192,370
-10,662
| -5% | -$235K |
|
|
SPTN
2933
DELISTED
SpartanNash
SPTN
| $4.21M | ﹤0.01% |
208,420
+69,431
| +50% | +$1.5M |
|
2934
Sunstone Hotel Investors
SHO
$2.18B
| $4.21M | ﹤0.01% |
377,719
+280,776
| +290% | +$3.07M |
|
|
SOHU
2935
Sohu.com
SOHU
$364M
| $4.21M | ﹤0.01% |
398,063
+47,506
| +14% | +$462K |
|
2936
PUT
Norfolk Southern
NSC
$75.6B
| $4.21M | ﹤0.01% |
16,500
+5,600
| +51% | +$1.39M |
|
|
BRDG
2937
DELISTED
Bridge Investment Group
BRDG
| $4.2M | ﹤0.01% |
613,820
-1,521,979
| -71% | -$12.7M |
|
|
ZEUS
2938
DELISTED
Olympic Steel
ZEUS
| $4.2M | ﹤0.01% |
59,275
+45,814
| +340% | +$3.06M |
|
2939
CALL
IQVIA
IQV
$38.4B
| $4.2M | ﹤0.01% |
16,600
+15,100
| +1,007% | +$3.53M |
|
2940
HNI Corp
HNI
$3.43B
| $4.19M | ﹤0.01% |
92,920
+18,417
| +25% | +$781K |
|
|
NETDU
2941
DELISTED
Nabors Energy Transition Corp II Unit
NETDU
| $4.19M | ﹤0.01% |
400,000
| – | – |
|
2942
CALL
Revolution Medicines
RVMD
$38.8B
| $4.19M | ﹤0.01% |
130,000
+108,800
| +513% | +$3.22M |
|
2943
CALL
Cameco
CCJ
$39.1B
| $4.19M | ﹤0.01% |
96,700
-166,300
| -63% | -$7.29M |
|
2944
PUT
Sysco
SYY
$40.7B
| $4.19M | ﹤0.01% |
51,600
-74,400
| -59% | -$5.86M |
|
2945
TaskUs
TASK
$582M
| $4.18M | ﹤0.01% |
358,702
-91,797
| -20% | -$1.15M |
|
2946
iShares US Transportation ETF
IYT
$2.26B
| $4.17M | ﹤0.01% |
59,252
-25,232
| -30% | -$1.71M |
|
2947
Dorian LPG
LPG
$1.97B
| $4.16M | ﹤0.01% |
108,129
+47,576
| +79% | +$1.83M |
|
2948
iShares 1-3 Year Treasury Bond ETF
SHY
$25B
| $4.16M | ﹤0.01% |
50,838
-11,270
| -18% | -$922K |
|
2949
CALL
AGNC Investment
AGNC
$12.4B
| $4.16M | ﹤0.01% |
419,900
-2,181,100
| -84% | -$21M |
|
2950
CALL
PNC Financial Services
PNC
$100B
| $4.15M | ﹤0.01% |
25,700
-26,900
| -51% | -$4.05M |
|
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.