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 | |
|---|---|---|---|---|---|---|
3451
Identive
INVE
$64.3M
| $2.42M | ﹤0.01% |
305,014
+213,127
| +232% | +$1.7M |
|
3452
Lindblad Expeditions
LIND
$2.24B
| $2.41M | ﹤0.01% |
258,767
-354,286
| -58% | -$3.26M |
|
3453
Conduent
CNDT
$276M
| $2.41M | ﹤0.01% |
713,987
-123,155
| -15% | -$427K |
|
3454
Kennametal
KMT
$2.75B
| $2.41M | ﹤0.01% |
96,732
+13,015
| +16% | +$320K |
|
|
THRD
3455
DELISTED
Third Harmonic Bio
THRD
| $2.41M | ﹤0.01% |
+255,293
| New | +$2.48M |
|
3456
PUT
Baxter International
BAX
$14.7B
| $2.4M | ﹤0.01% |
+56,200
| New | +$2.29M |
|
3457
Kaiser Aluminum
KALU
$2.85B
| $2.4M | ﹤0.01% |
+26,819
| New | +$1.88M |
|
3458
CALL
Bilibili
BILI
$7.95B
| $2.4M | ﹤0.01% |
213,900
+49,700
| +30% | +$521K |
|
3459
Phathom Pharmaceuticals
PHAT
$684M
| $2.39M | ﹤0.01% |
225,024
+54,980
| +32% | +$467K |
|
|
UNIT
3460
PUT
Uniti Group
UNIT
$2.44B
| $2.39M | ﹤0.01% |
405,000
+355,000
| +710% | +$2.03M |
|
3461
Erasca
ERAS
$6.38B
| $2.38M | ﹤0.01% |
1,154,130
-330,478
| -22% | -$661K |
|
|
KRON
3462
DELISTED
Kronos Bio
KRON
| $2.38M | ﹤0.01% |
1,827,723
+979,723
| +116% | +$1.12M |
|
3463
CALL
Crocs
CROX
$6.77B
| $2.37M | ﹤0.01% |
16,500
-51,800
| -76% | -$5.9M |
|
3464
PUT
Copart
CPRT
$27.2B
| $2.36M | ﹤0.01% |
40,800
-20,300
| -33% | -$1.04M |
|
3465
PUT
Kinder Morgan
KMI
$69.9B
| $2.36M | ﹤0.01% |
128,800
-76,600
| -37% | -$1.34M |
|
|
CALB
3466
DELISTED
California BanCorp Common Stock
CALB
| $2.36M | ﹤0.01% |
107,287
+76,750
| +251% | +$1.8M |
|
3467
Archer Aviation
ACHR
$4.05B
| $2.36M | ﹤0.01% |
510,877
-714,405
| -58% | -$3.59M |
|
3468
Pearson
PSO
$9.95B
| $2.36M | ﹤0.01% |
+179,241
| New | +$2.23M |
|
3469
PUT
Capri Holdings
CPRI
$1.9B
| $2.36M | ﹤0.01% |
52,000
-359,200
| -87% | -$17.1M |
|
3470
First Merchants
FRME
$2.73B
| $2.35M | ﹤0.01% |
67,392
+58,196
| +633% | +$2M |
|
|
INN
3471
Summit Hotel Properties
INN
$747M
| $2.35M | ﹤0.01% |
361,260
-483,635
| -57% | -$3.16M |
|
3472
PUT
Icon
ICLR
$12.1B
| $2.35M | ﹤0.01% |
+7,000
| New | +$2.06M |
|
3473
PUT
Huntington Bancshares
HBAN
$35.5B
| $2.35M | ﹤0.01% |
+168,300
| New | +$2.18M |
|
|
UCB
3474
United Community Banks
UCB
$4.33B
| $2.35M | ﹤0.01% |
89,193
+79,418
| +812% | +$2.14M |
|
3475
CALL
PG&E
PCG
$38.4B
| $2.34M | ﹤0.01% |
139,900
+81,600
| +140% | +$1.37M |
|
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.