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 Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3276
Zillow
Z
$8.25B
| $2.94M | ﹤0.01% |
60,339
-321,304
| -84% | -$17.5M |
|
3277
Concentrix
CNXC
$1.54B
| $2.94M | ﹤0.01% |
44,402
+33,556
| +309% | +$2.72M |
|
|
APLS
3278
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $2.94M | ﹤0.01% |
50,000
-75,500
| -60% | -$4.81M |
|
3279
Kopin
KOPN
$782M
| $2.94M | ﹤0.01% |
1,632,764
+1,196,001
| +274% | +$2.66M |
|
3280
CALL
Elastic
ESTC
$7.39B
| $2.94M | ﹤0.01% |
29,300
+26,600
| +985% | +$3.07M |
|
3281
PUT
US Global Jets ETF
JETS
$826M
| $2.93M | ﹤0.01% |
+139,600
| New | +$2.72M |
|
|
NOVA
3282
DELISTED
Sunnova Energy
NOVA
| $2.93M | ﹤0.01% |
478,142
-118,393
| -20% | -$1.07M |
|
3283
DXC Technology
DXC
$1.75B
| $2.93M | ﹤0.01% |
138,125
-170,316
| -55% | -$3.71M |
|
3284
CoStar Group
CSGP
$12.1B
| $2.93M | ﹤0.01% |
30,304
-50,257
| -62% | -$4.33M |
|
3285
Byrna Technologies
BYRN
$111M
| $2.92M | ﹤0.01% |
+209,653
| New | +$2.03M |
|
3286
Plains GP Holdings
PAGP
$5.07B
| $2.92M | ﹤0.01% |
159,999
-404,168
| -72% | -$6.82M |
|
3287
CALL
Equifax
EFX
$20.6B
| $2.92M | ﹤0.01% |
+10,900
| New | +$2.77M |
|
3288
PUT
CDW
CDW
$19.2B
| $2.92M | ﹤0.01% |
11,400
-6,200
| -35% | -$1.47M |
|
3289
Olin
OLN
$2.17B
| $2.92M | ﹤0.01% |
49,580
-908,997
| -95% | -$48.8M |
|
3290
PUT
IQVIA
IQV
$37.5B
| $2.91M | ﹤0.01% |
11,500
-25,000
| -68% | -$5.84M |
|
|
PNNT
3291
Pennant Park Investment Corp
PNNT
$229M
| $2.91M | ﹤0.01% |
422,639
-454,254
| -52% | -$3.12M |
|
3292
La-Z-Boy
LZB
$1.67B
| $2.91M | ﹤0.01% |
77,226
+26,047
| +51% | +$951K |
|
3293
iShares MSCI South Africa ETF
EZA
$563M
| $2.9M | ﹤0.01% |
+74,031
| New | +$2.86M |
|
3294
Oportun Financial
OPRT
$272M
| $2.9M | ﹤0.01% |
1,192,459
-119,764
| -9% | -$433K |
|
3295
Worthington Steel
WS
$1.94B
| $2.89M | ﹤0.01% |
80,744
+67,240
| +498% | +$2.04M |
|
3296
St. Joe Company
JOE
$3.74B
| $2.89M | ﹤0.01% |
49,880
+32,282
| +183% | +$1.78M |
|
3297
Delta Air Lines
DAL
$61.3B
| $2.89M | ﹤0.01% |
60,381
-1,334,836
| -96% | -$55.2M |
|
3298
PUT
Ingersoll Rand
IR
$34.6B
| $2.89M | ﹤0.01% |
+30,400
| New | +$2.6M |
|
3299
Fresenius Medical Care
FMS
$12.9B
| $2.88M | ﹤0.01% |
+149,561
| New | +$2.96M |
|
|
FBRT
3300
Franklin BSP Realty Trust
FBRT
$637M
| $2.88M | ﹤0.01% |
215,761
+168,735
| +359% | +$2.2M |
|
Similar funds
Millennium Management's Q1 2024 Portfolio in Review
As of Q1 2024, Millennium Management held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Millennium Management withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in iShares Bitcoin Trust worth $844M.
- Millennium Management's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Millennium Management added most to Merck in Q1 2024, an estimated $496M increase.
- Millennium Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Millennium Management fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Millennium Management's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Millennium Management opened 858 new positions and closed 745 in Q1 2024.
- Millennium Management's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.