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 | |
|---|---|---|---|---|---|---|
3226
MACOM Technology Solutions
MTSI
$19.5B
| $2.8M | ﹤0.01% |
30,106
-3,135
| -9% | -$258K |
|
3227
Invesco KBW Bank ETF
KBWB
$6.83B
| $2.8M | ﹤0.01% |
+56,838
| New | +$2.4M |
|
3228
MINISO
MNSO
$3.84B
| $2.79M | ﹤0.01% |
136,868
-90,302
| -40% | -$2.16M |
|
3229
PUT
Murphy Oil
MUR
$5.55B
| $2.79M | ﹤0.01% |
+65,400
| New | +$2.86M |
|
3230
Viasat
VSAT
$11.2B
| $2.79M | ﹤0.01% |
99,752
+10,780
| +12% | +$225K |
|
3231
Advantage Solutions
ADV
$527M
| $2.78M | ﹤0.01% |
30,711
+20,532
| +202% | +$1.46M |
|
3232
CALL
Coherent
COHR
$56.4B
| $2.78M | ﹤0.01% |
+63,800
| New | +$2.3M |
|
3233
CALL
PBF Energy
PBF
$8.05B
| $2.77M | ﹤0.01% |
63,100
+4,300
| +7% | +$195K |
|
|
KZR
3234
DELISTED
Kezar Life Sciences
KZR
| $2.77M | ﹤0.01% |
292,756
-47,455
| -14% | -$417K |
|
|
BBT
3235
Beacon Financial Corp
BBT
$2.69B
| $2.77M | ﹤0.01% |
111,633
-48,309
| -30% | -$1.04M |
|
3236
PUT
BellRing Brands
BRBR
$1.51B
| $2.77M | ﹤0.01% |
+50,000
| New | +$2.41M |
|
3237
IDEX
IEX
$17.2B
| $2.77M | ﹤0.01% |
12,752
-34,675
| -73% | -$6.99M |
|
3238
PUT
T. Rowe Price
TROW
$24.2B
| $2.77M | ﹤0.01% |
25,700
+4,800
| +23% | +$478K |
|
3239
Transportadora de Gas del Sur
TGS
$4.68B
| $2.76M | ﹤0.01% |
183,023
+88,025
| +93% | +$1.09M |
|
3240
PUT
Digital Realty Trust
DLR
$70.8B
| $2.76M | ﹤0.01% |
20,500
-2,800
| -12% | -$362K |
|
|
DMYY
3241
DELISTED
dMY Squared
DMYY
| $2.76M | ﹤0.01% |
260,000
| – | – |
|
3242
Zillow
ZG
$8.19B
| $2.75M | ﹤0.01% |
48,546
+14,972
| +45% | +$641K |
|
3243
8x8 Inc
EGHT
$292M
| $2.75M | ﹤0.01% |
728,257
-1,424,229
| -66% | -$4.23M |
|
3244
Hamilton Insurance Group
HG
$3.54B
| $2.75M | ﹤0.01% |
+183,950
| New | +$2.78M |
|
3245
PUT
Bilibili
BILI
$8.05B
| $2.75M | ﹤0.01% |
225,800
+60,400
| +37% | +$788K |
|
3246
CALL
Molina Healthcare
MOH
$10.2B
| $2.75M | ﹤0.01% |
7,600
+1,300
| +21% | +$458K |
|
3247
East-West Bancorp
EWBC
$18.1B
| $2.74M | ﹤0.01% |
38,131
-491,978
| -93% | -$29.6M |
|
3248
PUT
Agnico Eagle Mines
AEM
$74.6B
| $2.74M | ﹤0.01% |
50,000
| – | – |
|
3249
PUT
Genuine Parts
GPC
$17.7B
| $2.74M | ﹤0.01% |
+19,800
| New | +$2.72M |
|
3250
iShares MSCI South Korea ETF
EWY
$23.3B
| $2.74M | ﹤0.01% |
+41,827
| New | +$2.54M |
|
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.