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 | |
|---|---|---|---|---|---|---|
3701
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$97.7B
| $1.58M | ﹤0.01% |
10,000
-10,000
| -50% | -$1.45M |
|
3702
PUT
Planet Fitness
PLNT
$4.47B
| $1.58M | ﹤0.01% |
+21,600
| New | +$1.33M |
|
3703
Harrow
HROW
$1.44B
| $1.58M | ﹤0.01% |
140,776
-139,594
| -50% | -$1.65M |
|
3704
RH
RH
$3.18B
| $1.58M | ﹤0.01% |
5,409
-189,626
| -97% | -$49M |
|
3705
CALL
Sigma Lithium
SGML
$1.17B
| $1.58M | ﹤0.01% |
+50,000
| New | +$1.39M |
|
3706
Graham Corp
GHM
$1.14B
| $1.57M | ﹤0.01% |
83,024
+34,640
| +72% | +$603K |
|
3707
PUT
VanEck Junior Gold Miners ETF
GDXJ
$6.97B
| $1.57M | ﹤0.01% |
+41,500
| New | +$1.46M |
|
3708
Wheels Up
UP
$226M
| $1.57M | ﹤0.01% |
22,919
+19,583
| +587% | +$758K |
|
3709
PUT
XPeng
XPEV
$11.9B
| $1.56M | ﹤0.01% |
107,200
-180,500
| -63% | -$2.87M |
|
3710
Citi Trends
CTRN
$577M
| $1.56M | ﹤0.01% |
55,263
-24,874
| -31% | -$605K |
|
3711
Kodak
KODK
$819M
| $1.56M | ﹤0.01% |
400,383
+383,614
| +2,288% | +$1.48M |
|
3712
Phathom Pharmaceuticals
PHAT
$724M
| $1.55M | ﹤0.01% |
170,044
+30,696
| +22% | +$264K |
|
3713
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$152M
| $1.55M | ﹤0.01% |
25,000
+14,625
| +141% | +$1.18M |
|
3714
PUT
VF Corp
VFC
$5.87B
| $1.55M | ﹤0.01% |
+82,500
| New | +$1.42M |
|
|
AMED
3715
PUT
DELISTED
Amedisys
AMED
| $1.55M | ﹤0.01% |
16,300
| – | – |
|
3716
Invesco S&P 500 Pure Value ETF
RPV
$1.66B
| $1.55M | ﹤0.01% |
18,849
-7,099
| -27% | -$531K |
|
3717
Aldeyra Therapeutics
ALDX
$91.1M
| $1.55M | ﹤0.01% |
440,388
-141,790
| -24% | -$438K |
|
3718
Daktronics
DAKT
$977M
| $1.54M | ﹤0.01% |
182,155
-3,794
| -2% | -$36.2K |
|
3719
First Trust Cloud Computing ETF
SKYY
$2.96B
| $1.54M | ﹤0.01% |
17,592
| – | – |
|
3720
Federal Signal
FSS
$7.79B
| $1.54M | ﹤0.01% |
20,097
+7,719
| +62% | +$515K |
|
3721
Koppers
KOP
$962M
| $1.54M | ﹤0.01% |
30,107
+3,556
| +13% | +$149K |
|
3722
First Internet Bancorp
INBK
$257M
| $1.54M | ﹤0.01% |
63,585
-24,627
| -28% | -$476K |
|
3723
CALL
iQIYI
IQ
$1.25B
| $1.54M | ﹤0.01% |
314,800
-20,900
| -6% | -$98.8K |
|
3724
Cheesecake Factory
CAKE
$5.15B
| $1.54M | ﹤0.01% |
43,876
-109,242
| -71% | -$3.49M |
|
3725
Shenandoah Telecom
SHEN
$688M
| $1.53M | ﹤0.01% |
70,965
+27,173
| +62% | +$609K |
|
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.