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 | |
|---|---|---|---|---|---|---|
3326
Kymera Therapeutics
KYMR
$8.25B
| $2.5M | ﹤0.01% |
98,296
-73,615
| -43% | -$1.32M |
|
3327
Lexicon Pharmaceuticals
LXRX
$1.03B
| $2.5M | ﹤0.01% |
1,633,176
-2,252,577
| -58% | -$2.68M |
|
3328
CALL
AtriCure
ATRC
$1.97B
| $2.5M | ﹤0.01% |
+70,000
| New | +$2.6M |
|
3329
Adicet Bio
ACET
$86.4M
| $2.5M | ﹤0.01% |
82,599
+26,731
| +48% | +$583K |
|
3330
Milestone Pharmaceuticals
MIST
$139M
| $2.5M | ﹤0.01% |
1,494,489
-200,802
| -12% | -$545K |
|
3331
CALL
Seagate
STX
$189B
| $2.49M | ﹤0.01% |
29,200
-111,600
| -79% | -$8.33M |
|
3332
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $2.49M | ﹤0.01% |
75,907
+67,036
| +756% | +$2.13M |
|
3333
PUT
Flex
FLEX
$43.4B
| $2.49M | ﹤0.01% |
+108,549
| New | +$2.17M |
|
|
TIXT
3334
DELISTED
TELUS International
TIXT
| $2.49M | ﹤0.01% |
289,632
+1,219
| +0.4% | +$8.87K |
|
3335
CALL
Hershey
HSY
$35.7B
| $2.48M | ﹤0.01% |
13,300
+200
| +2% | +$37.9K |
|
|
GOGL
3336
DELISTED
Golden Ocean Group
GOGL
| $2.48M | ﹤0.01% |
253,618
+230,392
| +992% | +$1.92M |
|
|
COOP
3337
PUT
DELISTED
Mr. Cooper
COOP
| $2.47M | ﹤0.01% |
38,000
+7,700
| +25% | +$455K |
|
3338
Lantronix
LTRX
$252M
| $2.47M | ﹤0.01% |
421,774
+359,123
| +573% | +$1.81M |
|
3339
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.7B
| $2.47M | ﹤0.01% |
4,867
+3,748
| +335% | +$1.74M |
|
3340
EQT Corp
EQT
$33.5B
| $2.47M | ﹤0.01% |
63,866
+58,699
| +1,136% | +$2.38M |
|
|
FYBR
3341
CALL
DELISTED
Frontier Communications
FYBR
| $2.47M | ﹤0.01% |
+97,300
| New | +$1.96M |
|
3342
Financial Institutions
FISI
$838M
| $2.47M | ﹤0.01% |
115,730
-72,577
| -39% | -$1.29M |
|
3343
Appian
APPN
$2.03B
| $2.46M | ﹤0.01% |
65,208
-8,910
| -12% | -$348K |
|
3344
Sibanye-Stillwater
SBSW
$6.33B
| $2.45M | ﹤0.01% |
451,714
-230,086
| -34% | -$1.19M |
|
3345
Vipshop
VIPS
$7.47B
| $2.45M | ﹤0.01% |
137,900
-1,158,226
| -89% | -$18.1M |
|
|
TDAY
3346
USA Today Co
TDAY
$1.32B
| $2.45M | ﹤0.01% |
1,064,412
-2,960,082
| -74% | -$6.6M |
|
3347
International Bancshares
IBOC
$4.74B
| $2.45M | ﹤0.01% |
45,036
-24,441
| -35% | -$1.13M |
|
|
SKX
3348
PUT
DELISTED
Skechers
SKX
| $2.44M | ﹤0.01% |
39,200
-75,300
| -66% | -$4.06M |
|
3349
CALL
Realty Income
O
$59.2B
| $2.44M | ﹤0.01% |
42,500
-175,400
| -80% | -$9.21M |
|
3350
PUT
Zimmer Biomet
ZBH
$18.8B
| $2.43M | ﹤0.01% |
20,000
-5,200
| -21% | -$580K |
|
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.