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 | |
|---|---|---|---|---|---|---|
3101
Kforce
KFRC
$1.03B
| $3.17M | ﹤0.01% |
+46,888
| New | +$2.99M |
|
3102
Erasca
ERAS
$6.19B
| $3.16M | ﹤0.01% |
1,484,608
+1,068,501
| +257% | +$2.25M |
|
3103
Calix
CALX
$2.35B
| $3.16M | ﹤0.01% |
72,335
-928
| -1% | -$37.1K |
|
|
GPMT
3104
Granite Point Mortgage Trust
GPMT
$69.5M
| $3.16M | ﹤0.01% |
532,025
-940,131
| -64% | -$4.73M |
|
|
AACT.U
3105
DELISTED
Ares Acquisition Corp II Units
AACT.U
| $3.15M | ﹤0.01% |
300,000
| – | – |
|
|
BROG
3106
DELISTED
Brooge Energy
BROG
| $3.15M | ﹤0.01% |
855,242
-86,748
| -9% | -$409K |
|
3107
CALL
Shopify
SHOP
$152B
| $3.15M | ﹤0.01% |
40,400
+23,300
| +136% | +$1.49M |
|
3108
SiriusXM
SIRI
$10.2B
| $3.15M | ﹤0.01% |
57,513
-33,277
| -37% | -$1.6M |
|
3109
Kulicke & Soffa
KLIC
$4.72B
| $3.14M | ﹤0.01% |
57,389
-158,658
| -73% | -$7.71M |
|
3110
Stock Yards Bancorp
SYBT
$2.62B
| $3.14M | ﹤0.01% |
60,928
-146,213
| -71% | -$6.5M |
|
3111
PUT
Toyota
TM
$220B
| $3.14M | ﹤0.01% |
+17,100
| New | +$3.12M |
|
3112
Gentherm
THRM
$1.28B
| $3.13M | ﹤0.01% |
59,800
-33,580
| -36% | -$1.64M |
|
3113
PUT
RadNet
RDNT
$5.25B
| $3.13M | ﹤0.01% |
90,000
+40,000
| +80% | +$1.26M |
|
|
DHC
3114
Diversified Healthcare Trust
DHC
$2.13B
| $3.12M | ﹤0.01% |
834,008
-5,534
| -0.7% | -$13K |
|
3115
CALL
C3.ai
AI
$1.51B
| $3.12M | ﹤0.01% |
108,600
+300
| +0.3% | +$8.25K |
|
3116
HNI Corp
HNI
$3.43B
| $3.12M | ﹤0.01% |
74,503
+57,376
| +335% | +$2.18M |
|
3117
Wabash National
WNC
$508M
| $3.11M | ﹤0.01% |
121,557
-641,562
| -84% | -$14.5M |
|
3118
PUT
Williams Companies
WMB
$86.1B
| $3.11M | ﹤0.01% |
89,400
+15,900
| +22% | +$558K |
|
3119
Seres Therapeutics
MCRB
$48.7M
| $3.11M | ﹤0.01% |
111,204
+71,803
| +182% | +$1.89M |
|
3120
Artivion
AORT
$1.33B
| $3.11M | ﹤0.01% |
173,888
+91,403
| +111% | +$1.42M |
|
3121
PUT
Celanese
CE
$4.81B
| $3.11M | ﹤0.01% |
+20,000
| New | +$2.61M |
|
|
WKME
3122
DELISTED
WalkMe Ltd. Ordinary Shares
WKME
| $3.11M | ﹤0.01% |
291,197
+17,177
| +6% | +$162K |
|
3123
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$152M
| $3.1M | ﹤0.01% |
50,000
+27,050
| +118% | +$2.19M |
|
3124
Global X MSCI Argentina ETF
ARGT
$845M
| $3.1M | ﹤0.01% |
60,414
+47,994
| +386% | +$2.16M |
|
3125
CALL
TG Therapeutics
TGTX
$7.07B
| $3.1M | ﹤0.01% |
+181,500
| New | +$2.11M |
|
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.