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 | |
|---|---|---|---|---|---|---|
3126
United Fire Group
UFCS
$1.34B
| $3.1M | ﹤0.01% |
154,058
-11,662
| -7% | -$236K |
|
3127
CareDx
CDNA
$2.48B
| $3.1M | ﹤0.01% |
258,062
+184,239
| +250% | +$1.51M |
|
3128
Backblaze
BLZE
$936M
| $3.09M | ﹤0.01% |
406,647
+324,951
| +398% | +$2.05M |
|
3129
uniQure
QURE
$3.06B
| $3.08M | ﹤0.01% |
455,472
+75,712
| +20% | +$500K |
|
3130
Zebra Technologies
ZBRA
$13.9B
| $3.08M | ﹤0.01% |
11,281
-42,773
| -79% | -$9.76M |
|
|
RNAM
3131
DELISTED
Avidity Biosciences
RNAM
| $3.08M | ﹤0.01% |
340,616
-399,880
| -54% | -$2.67M |
|
|
SEMR
3132
DELISTED
Semrush
SEMR
| $3.08M | ﹤0.01% |
225,304
-73,305
| -25% | -$724K |
|
3133
PUT
Chewy
CHWY
$9.4B
| $3.07M | ﹤0.01% |
130,000
-112,900
| -46% | -$2.23M |
|
3134
Vanguard Morningstar Mid-Cap ETF
VO
$108B
| $3.07M | ﹤0.01% |
+52,752
| New | +$2.82M |
|
3135
CALL
Medpace
MEDP
$16B
| $3.07M | ﹤0.01% |
+10,000
| New | +$2.7M |
|
3136
Perdoceo Education
PRDO
$2.04B
| $3.06M | ﹤0.01% |
174,379
-400,382
| -70% | -$7.06M |
|
3137
PRA Group
PRAA
$666M
| $3.06M | ﹤0.01% |
116,862
+34,768
| +42% | +$650K |
|
3138
Conduent
CNDT
$268M
| $3.06M | ﹤0.01% |
837,142
-816,588
| -49% | -$2.58M |
|
3139
National Vision
EYE
$1.8B
| $3.05M | ﹤0.01% |
145,746
-896,007
| -86% | -$15.9M |
|
3140
Eastern Bankshares
EBC
$5.29B
| $3.05M | ﹤0.01% |
214,472
-704,894
| -77% | -$8.8M |
|
3141
PUT
Nasdaq
NDAQ
$52.6B
| $3.03M | ﹤0.01% |
52,200
+900
| +2% | +$47.4K |
|
3142
iShares MSCI France ETF
EWQ
$338M
| $3.03M | ﹤0.01% |
77,379
+50,455
| +187% | +$1.85M |
|
3143
Gilead Sciences
GILD
$163B
| $3.03M | ﹤0.01% |
37,405
-512,381
| -93% | -$39.9M |
|
3144
Ceco Environmental
CECO
$3.99B
| $3.03M | ﹤0.01% |
149,393
-124,085
| -45% | -$2.26M |
|
3145
Graham Holdings Company
GHC
$5.14B
| $3.03M | ﹤0.01% |
4,348
-9,564
| -69% | -$5.95M |
|
3146
SunCoke Energy
SXC
$714M
| $3.03M | ﹤0.01% |
281,918
-564,462
| -67% | -$5.38M |
|
|
ECHO
3147
CALL
EchoStar
ECHO
$24.9B
| $3.02M | ﹤0.01% |
+486,800
| New | +$6.27M |
|
3148
PUT
RxSight
RXST
$260M
| $3.02M | ﹤0.01% |
+75,000
| New | +$2.2M |
|
3149
Howard Hughes
HHH
$3.89B
| $3.02M | ﹤0.01% |
37,070
+32,502
| +712% | +$2.28M |
|
3150
SPX Corp
SPXC
$10.7B
| $3.02M | ﹤0.01% |
29,922
-60,829
| -67% | -$5.26M |
|
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.