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 | |
|---|---|---|---|---|---|---|
3426
Saratoga Investment
SAR
$322M
| $2.47M | ﹤0.01% |
106,301
-116,972
| -52% | -$2.75M |
|
3427
Unisys
UIS
$218M
| $2.46M | ﹤0.01% |
501,711
-984,063
| -66% | -$5.98M |
|
3428
PUT
Eldorado Gold
EGO
$8.3B
| $2.46M | ﹤0.01% |
175,000
-50,000
| -22% | -$608K |
|
|
VXRT
3429
DELISTED
Vaxart
VXRT
| $2.46M | ﹤0.01% |
1,890,396
+1,711,420
| +956% | +$1.79M |
|
3430
PUT
VF Corp
VFC
$5.99B
| $2.45M | ﹤0.01% |
160,000
+77,500
| +94% | +$1.25M |
|
3431
CALL
Sphere Entertainment
SPHR
$5.69B
| $2.45M | ﹤0.01% |
50,000
| – | – |
|
|
3432
PUT
Sphere Entertainment
SPHR
$5.69B
| $2.45M | ﹤0.01% |
50,000
| – | – |
|
3433
CALL
AdvisorShares Pure US Cannabis ETF
MSOS
$874M
| $2.45M | ﹤0.01% |
+245,000
| New | +$2.14M |
|
3434
CALL
ARK Genomic Revolution ETF
ARKG
$1.64B
| $2.45M | ﹤0.01% |
+85,200
| New | +$2.56M |
|
3435
Hyatt Hotels
H
$16.4B
| $2.45M | ﹤0.01% |
15,334
+13,648
| +809% | +$1.92M |
|
|
ADTH
3436
DELISTED
AdTheorent Holding Co
ADTH
| $2.45M | ﹤0.01% |
762,349
+632,717
| +488% | +$1.73M |
|
3437
PUT
Labcorp
LH
$25.3B
| $2.45M | ﹤0.01% |
11,200
+6,200
| +124% | +$1.37M |
|
3438
Energy Recovery
ERII
$470M
| $2.44M | ﹤0.01% |
154,825
-285,797
| -65% | -$4.55M |
|
3439
Granite Ridge Resources
GRNT
$629M
| $2.44M | ﹤0.01% |
375,977
+54,857
| +17% | +$322K |
|
3440
CALL
NIO
NIO
$11.9B
| $2.44M | ﹤0.01% |
542,400
-195,900
| -27% | -$1.18M |
|
3441
Kura Sushi USA
KRUS
$588M
| $2.44M | ﹤0.01% |
21,175
+16,878
| +393% | +$1.64M |
|
|
VNET
3442
VNET Group
VNET
$2.06B
| $2.44M | ﹤0.01% |
1,572,675
+537,218
| +52% | +$991K |
|
3443
PUT
Best Buy
BBY
$18.2B
| $2.44M | ﹤0.01% |
29,700
-197,100
| -87% | -$15M |
|
3444
B&G Foods
BGS
$289M
| $2.44M | ﹤0.01% |
212,947
+186,375
| +701% | +$1.95M |
|
3445
ReposiTrak
TRAK
$159M
| $2.43M | ﹤0.01% |
153,543
+130,881
| +578% | +$1.72M |
|
|
BNY
3446
CALL
Bank of New York Mellon
BNY
$106B
| $2.43M | ﹤0.01% |
42,200
+7,600
| +22% | +$418K |
|
3447
Philips
PHG
$25.9B
| $2.43M | ﹤0.01% |
135,859
-411,658
| -75% | -$7.88M |
|
3448
CALL
Vulcan Materials
VMC
$36.9B
| $2.43M | ﹤0.01% |
+8,900
| New | +$2.19M |
|
|
AUTL
3449
Autolus Therapeutics
AUTL
$519M
| $2.43M | ﹤0.01% |
380,528
+319,798
| +527% | +$1.99M |
|
3450
CALL
DaVita
DVA
$14.6B
| $2.42M | ﹤0.01% |
17,500
+8,700
| +99% | +$1.04M |
|
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.