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 Core S&P 500 ETF
IVV
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FYBR
3026
DELISTED
Frontier Communications
FYBR
| $3.47M | ﹤0.01% |
136,818
-117,176
| -46% | -$2.37M |
|
3027
Vanguard Short-Term Treasury ETF
VGSH
$29.2B
| $3.46M | ﹤0.01% |
+59,283
| New | +$3.43M |
|
3028
Ocular Therapeutix
OCUL
$1.84B
| $3.46M | ﹤0.01% |
775,167
+89,427
| +13% | +$264K |
|
|
ORLA
3029
DELISTED
Orla Mining
ORLA
| $3.45M | ﹤0.01% |
1,058,803
+1,037,367
| +4,839% | +$3.26M |
|
|
SAFE
3030
Safehold
SAFE
$1.18B
| $3.45M | ﹤0.01% |
147,229
-460,212
| -76% | -$8.67M |
|
|
MRTX
3031
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $3.44M | ﹤0.01% |
58,626
+24,246
| +71% | +$1.36M |
|
3032
InterDigital
IDCC
$7.98B
| $3.44M | ﹤0.01% |
31,706
-143,319
| -82% | -$13.3M |
|
3033
ZIM Integrated Shipping Services
ZIM
$3.14B
| $3.44M | ﹤0.01% |
348,589
-49,780
| -12% | -$418K |
|
3034
Viatris
VTRS
$20.5B
| $3.44M | ﹤0.01% |
317,521
-1,041,589
| -77% | -$9.97M |
|
3035
James Hardie Industries
JHX
$16.1B
| $3.44M | ﹤0.01% |
88,903
+51,019
| +135% | +$1.53M |
|
|
AHRT
3036
AH Realty Trust
AHRT
$527M
| $3.44M | ﹤0.01% |
277,808
-9,792
| -3% | -$108K |
|
3037
Lincoln Electric
LECO
$14.6B
| $3.43M | ﹤0.01% |
15,791
-21,817
| -58% | -$4.21M |
|
3038
CALL
American Tower
AMT
$80.6B
| $3.43M | ﹤0.01% |
15,900
+9,000
| +130% | +$1.7M |
|
3039
CALL
GoDaddy
GDDY
$11.7B
| $3.43M | ﹤0.01% |
+32,300
| New | +$2.89M |
|
|
NOA
3040
North American Construction
NOA
$365M
| $3.43M | ﹤0.01% |
164,310
-11,537
| -7% | -$238K |
|
3041
Protagonist Therapeutics
PTGX
$8.51B
| $3.42M | ﹤0.01% |
+149,163
| New | +$2.61M |
|
3042
Innoviz Technologies
INVZ
$90.8M
| $3.42M | ﹤0.01% |
1,351,279
+1,105,578
| +450% | +$2.12M |
|
3043
Universal Technical Institute
UTI
$2.28B
| $3.41M | ﹤0.01% |
+272,471
| New | +$2.76M |
|
3044
Magna International
MGA
$18.5B
| $3.4M | ﹤0.01% |
57,598
+18,065
| +46% | +$974K |
|
3045
GDS Holdings
GDS
$6.55B
| $3.4M | ﹤0.01% |
372,399
+56,862
| +18% | +$575K |
|
3046
SkinHealth Systems
SKIN
$90.6M
| $3.39M | ﹤0.01% |
1,089,522
+866,882
| +389% | +$3.25M |
|
3047
Coherent
COHR
$56.4B
| $3.39M | ﹤0.01% |
77,821
-1,307,271
| -94% | -$47.1M |
|
3048
CALL
PACCAR
PCAR
$69.5B
| $3.38M | ﹤0.01% |
34,600
+18,900
| +120% | +$1.7M |
|
|
FFWM
3049
DELISTED
First Foundation Inc
FFWM
| $3.37M | ﹤0.01% |
348,485
+253,624
| +267% | +$1.62M |
|
|
SVII
3050
DELISTED
Spring Valley Acquisition Corp II
SVII
| $3.37M | ﹤0.01% |
312,000
-250,000
| -44% | -$2.69M |
|
Similar funds
Millennium Management's Q4 2023 Portfolio in Review
As of Q4 2023, Millennium Management held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Millennium Management deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Millennium Management's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Millennium Management's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Millennium Management fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Millennium Management's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Millennium Management opened 816 new positions and closed 883 in Q4 2023.
- Millennium Management's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.