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 | |
|---|---|---|---|---|---|---|
3476
AAR Corp
AIR
$5.71B
| $2.08M | ﹤0.01% |
33,286
-34,480
| -51% | -$2.21M |
|
3477
E.W. Scripps
SSP
$258M
| $2.08M | ﹤0.01% |
259,875
-173,992
| -40% | -$1.17M |
|
3478
NRC Health Common Stock
NRC
$432M
| $2.07M | ﹤0.01% |
+52,435
| New | +$2.19M |
|
3479
CALL
TKO Group
TKO
$13.8B
| $2.07M | ﹤0.01% |
+25,400
| New | +$2.02M |
|
|
GATO
3480
DELISTED
Gatos Silver, Inc.
GATO
| $2.07M | ﹤0.01% |
316,475
+147,201
| +87% | +$817K |
|
|
MRC
3481
DELISTED
MRC Global
MRC
| $2.06M | ﹤0.01% |
187,420
+104,229
| +125% | +$1.09M |
|
3482
Beam Therapeutics
BEAM
$2.67B
| $2.06M | ﹤0.01% |
75,709
-67,722
| -47% | -$1.68M |
|
|
WOW
3483
DELISTED
WideOpenWest
WOW
| $2.06M | ﹤0.01% |
508,740
+481,445
| +1,764% | +$2.59M |
|
3484
Relay Therapeutics
RLAY
$4.09B
| $2.06M | ﹤0.01% |
186,966
-771,232
| -80% | -$6.51M |
|
3485
Gladstone Investment Corp
GAIN
$662M
| $2.06M | ﹤0.01% |
145,386
+53,287
| +58% | +$735K |
|
|
IGMS
3486
DELISTED
IGM Biosciences
IGMS
| $2.05M | ﹤0.01% |
247,196
-520,867
| -68% | -$3.02M |
|
3487
California Water Service
CWT
$3.05B
| $2.05M | ﹤0.01% |
39,575
+5,936
| +18% | +$299K |
|
3488
LegalZoom.com
LZ
$1.42B
| $2.05M | ﹤0.01% |
181,612
+98,061
| +117% | +$1.07M |
|
3489
Lufax Holding
LU
$1.31B
| $2.05M | ﹤0.01% |
668,384
+517,181
| +342% | +$1.93M |
|
3490
PUT
Campbell Soup
CPB
$6.67B
| $2.04M | ﹤0.01% |
47,300
-97,400
| -67% | -$4.01M |
|
3491
First Financial Corp
THFF
$982M
| $2.04M | ﹤0.01% |
47,456
+13,868
| +41% | +$517K |
|
3492
PUT
Revolution Medicines
RVMD
$38.8B
| $2.04M | ﹤0.01% |
+71,200
| New | +$1.71M |
|
3493
Exponent
EXPO
$3.31B
| $2.04M | ﹤0.01% |
23,167
-73,932
| -76% | -$6.06M |
|
3494
PUT
Lamb Weston
LW
$7.29B
| $2.03M | ﹤0.01% |
+18,800
| New | +$1.81M |
|
3495
Rigetti Computing
RGTI
$5.33B
| $2.03M | ﹤0.01% |
2,062,289
-1,699,453
| -45% | -$1.94M |
|
3496
Darden Restaurants
DRI
$23.6B
| $2.03M | ﹤0.01% |
12,346
-75,693
| -86% | -$11.5M |
|
|
CAN
3497
Canaan Creative
CAN
$132M
| $2.03M | ﹤0.01% |
+877,288
| New | +$1.64M |
|
|
LAC
3498
Lithium Americas
LAC
$1.05B
| $2.03M | ﹤0.01% |
+316,623
| New | +$2.36M |
|
3499
Monolithic Power Systems
MPWR
$66B
| $2.02M | ﹤0.01% |
3,210
+938
| +41% | +$490K |
|
3500
CALL
Fulgent Genetics
FLGT
$500M
| $2.02M | ﹤0.01% |
+70,000
| New | +$1.87M |
|
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.