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 | |
|---|---|---|---|---|---|---|
3676
Lifecore Biomedical
LFCR
$167M
| $1.63M | ﹤0.01% |
263,988
-349,299
| -57% | -$2.43M |
|
3677
Rexford Industrial Realty
REXR
$8.34B
| $1.63M | ﹤0.01% |
29,082
-1,366,907
| -98% | -$67M |
|
|
IRS
3678
IRSA Inversiones y Representaciones
IRS
$1.3B
| $1.63M | ﹤0.01% |
196,282
+63,183
| +47% | +$449K |
|
3679
PUT
Cummins
CMI
$88.9B
| $1.63M | ﹤0.01% |
6,800
-9,200
| -58% | -$2.09M |
|
3680
Tenaya Therapeutics
TNYA
$161M
| $1.63M | ﹤0.01% |
502,670
-234,903
| -32% | -$507K |
|
3681
CALL
BioLife Solutions
BLFS
$1.56B
| $1.63M | ﹤0.01% |
+100,000
| New | +$1.28M |
|
|
KREF
3682
KKR Real Estate Finance Trust
KREF
$461M
| $1.62M | ﹤0.01% |
122,749
-18,789
| -13% | -$225K |
|
|
NARI
3683
PUT
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $1.62M | ﹤0.01% |
+25,000
| New | +$1.51M |
|
|
SEI
3684
Solaris Energy Infrastructure
SEI
$3.38B
| $1.62M | ﹤0.01% |
203,545
+90,712
| +80% | +$820K |
|
|
BNR
3685
Burning Rock Biotech
BNR
$94.5M
| $1.62M | ﹤0.01% |
174,203
-17,827
| -9% | -$164K |
|
3686
Inspired Entertainment
INSE
$182M
| $1.62M | ﹤0.01% |
163,954
+64,862
| +65% | +$613K |
|
3687
Kodiak Sciences
KOD
$2.59B
| $1.62M | ﹤0.01% |
532,634
-1,176,799
| -69% | -$2.62M |
|
|
USAP
3688
DELISTED
Universal Stainless & Alloy
USAP
| $1.62M | ﹤0.01% |
80,604
+35,403
| +78% | +$534K |
|
3689
CALL
Wingstop
WING
$3.5B
| $1.62M | ﹤0.01% |
+6,300
| New | +$1.36M |
|
|
BRKL
3690
DELISTED
Brookline Bancorp
BRKL
| $1.61M | ﹤0.01% |
147,646
-622,596
| -81% | -$5.91M |
|
|
PSTL
3691
Postal Realty Trust
PSTL
$689M
| $1.61M | ﹤0.01% |
110,516
-15,123
| -12% | -$211K |
|
3692
PENN Entertainment
PENN
$2.7B
| $1.61M | ﹤0.01% |
61,731
-401,590
| -87% | -$9.31M |
|
|
ELEV
3693
DELISTED
Elevation Oncology
ELEV
| $1.61M | ﹤0.01% |
2,990,279
-41,935
| -1% | -$22.2K |
|
3694
CALL
iRhythm Holdings
IRTC
$4.02B
| $1.61M | ﹤0.01% |
15,000
-120,200
| -89% | -$10.5M |
|
3695
iShares MSCI Netherlands ETF
EWN
$620M
| $1.6M | ﹤0.01% |
35,960
-3,353
| -9% | -$136K |
|
|
TBI
3696
Trueblue
TBI
$231M
| $1.6M | ﹤0.01% |
104,504
-23,358
| -18% | -$326K |
|
3697
Rhythm Pharmaceuticals
RYTM
$6.83B
| $1.6M | ﹤0.01% |
34,831
-3,941
| -10% | -$124K |
|
3698
Virco
VIRC
$96.6M
| $1.59M | ﹤0.01% |
+131,941
| New | +$1.01M |
|
3699
NerdWallet
NRDS
$605M
| $1.59M | ﹤0.01% |
107,702
-93,016
| -46% | -$1.03M |
|
3700
National Health Investors
NHI
$3.68B
| $1.58M | ﹤0.01% |
28,319
-8,029
| -22% | -$425K |
|
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.