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 | |
|---|---|---|---|---|---|---|
3251
Prospect Capital
PSEC
$1.11B
| $2.73M | ﹤0.01% |
+456,409
| New | +$2.63M |
|
|
EGRX
3252
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $2.73M | ﹤0.01% |
522,402
+174,870
| +50% | +$1.73M |
|
|
SBXC.U
3253
DELISTED
SilverBox Corp III Units, each consisting of one Class A Common Stock and one-third of one redeemable warrant
SBXC.U
| $2.72M | ﹤0.01% |
250,000
| – | – |
|
3254
CALL
Wayfair
W
$14.8B
| $2.72M | ﹤0.01% |
44,100
+39,400
| +838% | +$2.06M |
|
3255
Brighthouse Financial
BHF
$3.57B
| $2.72M | ﹤0.01% |
51,327
+10,992
| +27% | +$546K |
|
3256
IPG Photonics
IPGP
$3.85B
| $2.71M | ﹤0.01% |
24,958
-21,987
| -47% | -$2.13M |
|
3257
Matrix Service
MTRX
$338M
| $2.71M | ﹤0.01% |
276,972
+144,140
| +109% | +$1.57M |
|
3258
PUT
Arbor Realty Trust
ABR
$972M
| $2.71M | ﹤0.01% |
178,400
+160,000
| +870% | +$2.2M |
|
3259
iShares Core MSCI Emerging Markets ETF
IEMG
$155B
| $2.71M | ﹤0.01% |
+53,480
| New | +$2.59M |
|
|
KAMN
3260
DELISTED
Kaman Corp
KAMN
| $2.7M | ﹤0.01% |
112,895
-158,602
| -58% | -$3.28M |
|
3261
Patrick Industries
PATK
$2.77B
| $2.7M | ﹤0.01% |
40,343
+7,817
| +24% | +$429K |
|
3262
CALL
iShares US Medical Devices ETF
IHI
$3.34B
| $2.7M | ﹤0.01% |
+50,000
| New | +$2.44M |
|
3263
CorVel
CRVL
$3.06B
| $2.7M | ﹤0.01% |
32,730
-61,488
| -65% | -$4.36M |
|
3264
United Rentals
URI
$69.6B
| $2.7M | ﹤0.01% |
+4,700
| New | +$2.22M |
|
3265
Ryder
R
$10.2B
| $2.69M | ﹤0.01% |
23,417
-20,853
| -47% | -$2.19M |
|
3266
Seer Inc
SEER
$123M
| $2.69M | ﹤0.01% |
1,385,847
+486,679
| +54% | +$865K |
|
3267
CALL
Helen of Troy
HELE
$668M
| $2.68M | ﹤0.01% |
22,200
+2,100
| +10% | +$226K |
|
3268
POSCO
PKX
$16.6B
| $2.68M | ﹤0.01% |
+28,193
| New | +$2.55M |
|
3269
CALL
Teva Pharmaceuticals
TEVA
$40.1B
| $2.68M | ﹤0.01% |
256,800
+50,000
| +24% | +$467K |
|
3270
Rekor Systems
REKR
$94.6M
| $2.68M | ﹤0.01% |
804,467
+235,240
| +41% | +$670K |
|
3271
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.5B
| $2.67M | ﹤0.01% |
27,900
-52,600
| -65% | -$4.28M |
|
3272
CALL
Canadian Solar
CSIQ
$1.09B
| $2.67M | ﹤0.01% |
+101,700
| New | +$2.25M |
|
3273
Century Communities
CCS
$1.97B
| $2.67M | ﹤0.01% |
29,250
+7,563
| +35% | +$540K |
|
3274
RE/MAX Holdings
RMAX
$200M
| $2.66M | ﹤0.01% |
199,825
-184,729
| -48% | -$2.03M |
|
3275
iShares Russell 2000 Value ETF
IWN
$14.5B
| $2.66M | ﹤0.01% |
17,141
-12,203
| -42% | -$1.69M |
|
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.