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 | |
|---|---|---|---|---|---|---|
3501
Spire Global
SPIR
$522M
| $2.29M | ﹤0.01% |
190,631
+157,403
| +474% | +$1.56M |
|
3502
Compass Minerals
CMP
$1.25B
| $2.29M | ﹤0.01% |
145,260
+119,362
| +461% | +$2.51M |
|
3503
Encore Capital Group
ECPG
$2.05B
| $2.29M | ﹤0.01% |
50,118
+16,655
| +50% | +$821K |
|
3504
CALL
Newmont
NEM
$103B
| $2.28M | ﹤0.01% |
63,700
-55,100
| -46% | -$1.9M |
|
3505
Nordic American Tanker
NAT
$1.33B
| $2.27M | ﹤0.01% |
579,709
-695,123
| -55% | -$2.92M |
|
3506
International Money Express
IMXI
$370M
| $2.27M | ﹤0.01% |
99,537
-333,401
| -77% | -$7M |
|
3507
Emergent Biosolutions
EBS
$391M
| $2.26M | ﹤0.01% |
894,158
-1,201,504
| -57% | -$2.71M |
|
3508
PUT
Pan American Silver
PAAS
$18.9B
| $2.26M | ﹤0.01% |
+150,000
| New | +$2.07M |
|
3509
FibroBiologics
FBLG
$5M
| $2.26M | ﹤0.01% |
+10,462
| New | +$2.52M |
|
3510
CALL
Teleflex
TFX
$6.2B
| $2.26M | ﹤0.01% |
10,000
-5,000
| -33% | -$1.19M |
|
|
SEVN
3511
Seven Hills Realty Trust
SEVN
$173M
| $2.26M | ﹤0.01% |
174,835
+95,630
| +121% | +$1.23M |
|
|
CTLT
3512
PUT
DELISTED
CATALENT, INC.
CTLT
| $2.26M | ﹤0.01% |
40,000
-74,100
| -65% | -$4.01M |
|
3513
PUT
Urban Outfitters
URBN
$6.75B
| $2.26M | ﹤0.01% |
+52,000
| New | +$2.13M |
|
3514
News Corp Class B
NWS
$17.7B
| $2.25M | ﹤0.01% |
83,262
+60,027
| +258% | +$1.59M |
|
3515
CALL
Nu Holdings
NU
$69.2B
| $2.25M | ﹤0.01% |
188,800
-35,100
| -16% | -$358K |
|
3516
Alaska Air
ALK
$5.86B
| $2.25M | ﹤0.01% |
52,348
+18,948
| +57% | +$709K |
|
3517
CALL
Huntington Bancshares
HBAN
$35.5B
| $2.25M | ﹤0.01% |
+161,300
| New | +$2.09M |
|
3518
PUT
Lightspeed Commerce
LSPD
$1.35B
| $2.25M | ﹤0.01% |
+160,000
| New | +$2.54M |
|
3519
DT Midstream
DTM
$13.8B
| $2.25M | ﹤0.01% |
+36,814
| New | +$2.05M |
|
3520
Hertz
HTZ
$477M
| $2.25M | ﹤0.01% |
286,992
-364,322
| -56% | -$2.98M |
|
3521
CALL
LivaNova
LIVN
$4.69B
| $2.24M | ﹤0.01% |
+40,100
| New | +$2.08M |
|
|
CBIO
3522
Crescent Biopharma
CBIO
$608M
| $2.24M | ﹤0.01% |
7,470
+7,081
| +1,820% | +$2.12M |
|
3523
Robert Half
RHI
$4.19B
| $2.24M | ﹤0.01% |
28,248
-37,067
| -57% | -$2.99M |
|
|
RDNW
3524
RideNow Group
RDNW
$264M
| $2.24M | ﹤0.01% |
346,604
+258,156
| +292% | +$1.8M |
|
3525
Tiptree Inc
TIPT
$665M
| $2.24M | ﹤0.01% |
129,473
+111,095
| +604% | +$1.99M |
|
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.