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 | |
|---|---|---|---|---|---|---|
3051
iShares TIPS Bond ETF
TIP
$14.5B
| $3.75M | ﹤0.01% |
34,957
-63,216
| -64% | -$6.75M |
|
3052
Xeris Biopharma Holdings
XERS
$1.4B
| $3.75M | ﹤0.01% |
1,695,753
+147,798
| +10% | +$382K |
|
|
FSP
3053
Franklin Street Properties
FSP
$48.1M
| $3.75M | ﹤0.01% |
1,650,841
+630,283
| +62% | +$1.5M |
|
3054
Cal-Maine
CALM
$4.08B
| $3.75M | ﹤0.01% |
63,651
-90,567
| -59% | -$5.15M |
|
3055
REX American Resources
REX
$1.42B
| $3.74M | ﹤0.01% |
127,534
-65,532
| -34% | -$1.44M |
|
|
NOAH
3056
Noah Holdings
NOAH
$584M
| $3.74M | ﹤0.01% |
327,436
+315,326
| +2,604% | +$3.66M |
|
3057
Upbound Group
UPBD
$1.18B
| $3.74M | ﹤0.01% |
106,208
-23,627
| -18% | -$789K |
|
3058
Allient
ALNT
$1.53B
| $3.74M | ﹤0.01% |
104,762
+80,970
| +340% | +$2.42M |
|
3059
CALL
Builders FirstSource
BLDR
$7.8B
| $3.73M | ﹤0.01% |
17,900
+7,900
| +79% | +$1.46M |
|
3060
Afya
AFYA
$1.3B
| $3.73M | ﹤0.01% |
200,781
+176,798
| +737% | +$3.63M |
|
3061
PUT
Tyson Foods
TSN
$21B
| $3.72M | ﹤0.01% |
63,400
+49,800
| +366% | +$2.73M |
|
3062
NerdWallet
NRDS
$599M
| $3.72M | ﹤0.01% |
253,004
+145,302
| +135% | +$2.25M |
|
3063
Inovio Pharmaceuticals
INO
$57.3M
| $3.72M | ﹤0.01% |
267,802
+232,709
| +663% | +$2.01M |
|
3064
Stepan Co
SCL
$1.44B
| $3.72M | ﹤0.01% |
41,278
+37,149
| +900% | +$3.33M |
|
3065
STAAR Surgical
STAA
$1.21B
| $3.71M | ﹤0.01% |
97,034
-408,467
| -81% | -$13.3M |
|
3066
TETRA Technologies
TTI
$1.15B
| $3.71M | ﹤0.01% |
838,164
+371,957
| +80% | +$1.55M |
|
3067
TripAdvisor
TRIP
$1.69B
| $3.71M | ﹤0.01% |
133,605
-182,222
| -58% | -$4.42M |
|
|
CIM
3068
Chimera Investment
CIM
$1.06B
| $3.71M | ﹤0.01% |
268,162
-653,830
| -71% | -$9.11M |
|
3069
PUT
Iron Mountain
IRM
$36.9B
| $3.71M | ﹤0.01% |
46,200
+42,700
| +1,220% | +$3.09M |
|
3070
Mizuho Financial
MFG
$125B
| $3.7M | ﹤0.01% |
930,846
-217,969
| -19% | -$813K |
|
3071
Amdocs
DOX
$5.88B
| $3.7M | ﹤0.01% |
40,989
-488,414
| -92% | -$44.5M |
|
3072
SolarEdge
SEDG
$2.74B
| $3.7M | ﹤0.01% |
52,153
+11,244
| +27% | +$811K |
|
3073
PUT
Avis
CAR
$4.91B
| $3.7M | ﹤0.01% |
30,200
+23,200
| +331% | +$3.2M |
|
3074
AXT Inc
AXTI
$4.49B
| $3.69M | ﹤0.01% |
804,699
+447,242
| +125% | +$1.52M |
|
3075
Nu Skin
NUS
$251M
| $3.69M | ﹤0.01% |
266,614
-10,143
| -4% | -$158K |
|
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.