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 | |
|---|---|---|---|---|---|---|
3176
CALL
Willis Towers Watson
WTW
$31.4B
| $2.94M | ﹤0.01% |
12,200
-19,900
| -62% | -$4.6M |
|
3177
Harley-Davidson
HOG
$2.74B
| $2.94M | ﹤0.01% |
79,833
-417,532
| -84% | -$12.9M |
|
3178
CALL
Estee Lauder
EL
$30.4B
| $2.94M | ﹤0.01% |
20,100
+12,100
| +151% | +$1.61M |
|
3179
Pathward Financial
CASH
$1.91B
| $2.93M | ﹤0.01% |
55,445
+5,922
| +12% | +$291K |
|
3180
PUT
C.H. Robinson
CHRW
$17.4B
| $2.93M | ﹤0.01% |
33,900
+29,100
| +606% | +$2.44M |
|
3181
PROG Holdings
PRG
$1.81B
| $2.93M | ﹤0.01% |
94,671
-32,155
| -25% | -$944K |
|
3182
PUT
Louisiana-Pacific
LPX
$5.2B
| $2.93M | ﹤0.01% |
41,300
+12,000
| +41% | +$717K |
|
3183
NeoGenomics
NEO
$2.03B
| $2.92M | ﹤0.01% |
180,714
+99,477
| +122% | +$1.63M |
|
3184
PUT
Eldorado Gold
EGO
$8.63B
| $2.92M | ﹤0.01% |
+225,000
| New | +$2.53M |
|
3185
Tango Therapeutics
TNGX
$4.55B
| $2.92M | ﹤0.01% |
+294,558
| New | +$2.56M |
|
3186
CALL
Ecolab
ECL
$78B
| $2.92M | ﹤0.01% |
14,700
+1,000
| +7% | +$180K |
|
|
CUTR
3187
DELISTED
Cutera, Inc.
CUTR
| $2.92M | ﹤0.01% |
827,032
-426,027
| -34% | -$1.3M |
|
3188
PUT
Advance Auto Parts
AAP
$3.36B
| $2.91M | ﹤0.01% |
47,600
-1,500
| -3% | -$82.1K |
|
3189
CVB Financial
CVBF
$4.03B
| $2.9M | ﹤0.01% |
143,882
+48,160
| +50% | +$855K |
|
3190
Central Garden & Pet Co Class A
CENTA
$2.38B
| $2.9M | ﹤0.01% |
82,389
-56,129
| -41% | -$1.8M |
|
3191
Domo
DOMO
$186M
| $2.9M | ﹤0.01% |
281,639
+218,636
| +347% | +$2.02M |
|
3192
Stantec
STN
$8.19B
| $2.9M | ﹤0.01% |
36,122
+22,362
| +163% | +$1.55M |
|
|
TPIC
3193
DELISTED
TPI Composites
TPIC
| $2.9M | ﹤0.01% |
699,541
+546,679
| +358% | +$1.42M |
|
3194
PUT
MGIC Investment
MTG
$6.25B
| $2.89M | ﹤0.01% |
150,000
| – | – |
|
|
CTRA
3195
CALL
DELISTED
Coterra Energy
CTRA
| $2.89M | ﹤0.01% |
+113,300
| New | +$3.04M |
|
3196
PUT
PACCAR
PCAR
$68.9B
| $2.89M | ﹤0.01% |
29,600
+6,000
| +25% | +$539K |
|
3197
GrafTech
EAF
$202M
| $2.89M | ﹤0.01% |
131,937
+46,537
| +54% | +$1.32M |
|
|
AVDL
3198
DELISTED
Avadel Pharmaceuticals
AVDL
| $2.89M | ﹤0.01% |
204,534
+149,808
| +274% | +$1.76M |
|
3199
CALL
Packaging Corp of America
PKG
$22.4B
| $2.88M | ﹤0.01% |
17,700
+10,100
| +133% | +$1.59M |
|
3200
PUT
Range Resources
RRC
$9.17B
| $2.88M | ﹤0.01% |
94,500
-26,800
| -22% | -$879K |
|
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.