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 | |
|---|---|---|---|---|---|---|
|
ACRE
3651
Ares Commercial Real Estate
ACRE
$235M
| $1.68M | ﹤0.01% |
162,581
-897,933
| -85% | -$8.84M |
|
|
CRGX
3652
DELISTED
CARGO Therapeutics
CRGX
| $1.68M | ﹤0.01% |
+72,706
| New | +$1.23M |
|
3653
Invesco Leisure and Entertainment ETF
PEJ
$253M
| $1.68M | ﹤0.01% |
40,092
-31,521
| -44% | -$1.22M |
|
3654
Utah Medical Products
UTMD
$231M
| $1.68M | ﹤0.01% |
19,908
-2,081
| -9% | -$173K |
|
3655
CALL
Spectrum Brands
SPB
$2.05B
| $1.68M | ﹤0.01% |
21,000
-46,000
| -69% | -$3.47M |
|
3656
CVRx
CVRX
$146M
| $1.67M | ﹤0.01% |
53,228
-16,069
| -23% | -$301K |
|
|
AEL
3657
DELISTED
American Equity Investment Life Holding Company
AEL
| $1.67M | ﹤0.01% |
29,983
-395,412
| -93% | -$21.5M |
|
|
AXIA
3658
AXIA Energia
AXIA
$23.9B
| $1.67M | ﹤0.01% |
245,094
+177,902
| +265% | +$1.09M |
|
3659
CALL
Builders FirstSource
BLDR
$7.81B
| $1.67M | ﹤0.01% |
+10,000
| New | +$1.33M |
|
3660
STAG Industrial
STAG
$7.44B
| $1.67M | ﹤0.01% |
42,469
-975,368
| -96% | -$34.6M |
|
|
CIO
3661
DELISTED
City Office REIT
CIO
| $1.66M | ﹤0.01% |
272,459
+197,745
| +265% | +$922K |
|
|
FINV
3662
FinVolution Group
FINV
$1.17B
| $1.66M | ﹤0.01% |
339,446
+203,096
| +149% | +$964K |
|
3663
American Public Education
APEI
$946M
| $1.66M | ﹤0.01% |
172,260
-219,377
| -56% | -$1.39M |
|
3664
CALL
Parker-Hannifin
PH
$125B
| $1.66M | ﹤0.01% |
3,600
+3,000
| +500% | +$1.25M |
|
3665
Aegon
AEG
$14B
| $1.65M | ﹤0.01% |
286,822
-1,309,760
| -82% | -$6.81M |
|
3666
Capital City Bank Group
CCBG
$900M
| $1.65M | ﹤0.01% |
55,946
+14,479
| +35% | +$420K |
|
3667
PUT
Martin Marietta Materials
MLM
$32.5B
| $1.65M | ﹤0.01% |
3,300
-2,100
| -39% | -$947K |
|
3668
Kontoor Brands
KTB
$4.73B
| $1.64M | ﹤0.01% |
26,348
+16,668
| +172% | +$857K |
|
3669
Rocket Pharmaceuticals
RCKT
$376M
| $1.64M | ﹤0.01% |
54,865
-950,943
| -95% | -$21M |
|
3670
CALL
L3Harris
LHX
$51.5B
| $1.64M | ﹤0.01% |
+7,800
| New | +$1.46M |
|
3671
CALL
MoonLake Immunotherapeutics
MLTX
$1.49B
| $1.64M | ﹤0.01% |
+27,200
| New | +$1.4M |
|
3672
Pediatrix Medical
MD
$2.19B
| $1.64M | ﹤0.01% |
176,550
-117,735
| -40% | -$1.22M |
|
3673
PUT
Nice
NICE
$5.89B
| $1.64M | ﹤0.01% |
8,200
-1,100
| -12% | -$198K |
|
3674
Nature's Sunshine
NATR
$371M
| $1.64M | ﹤0.01% |
94,591
+34,417
| +57% | +$595K |
|
|
PRO
3675
DELISTED
PROS Holdings
PRO
| $1.64M | ﹤0.01% |
42,162
-24,262
| -37% | -$872K |
|
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.