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 | |
|---|---|---|---|---|---|---|
4001
FB Financial Corp
FBK
$3.05B
| $1.24M | ﹤0.01% |
32,949
+436
| +1% | +$16K |
|
4002
Protagonist Therapeutics
PTGX
$8.51B
| $1.24M | ﹤0.01% |
42,865
-106,298
| -71% | -$2.89M |
|
4003
ENI
E
$79B
| $1.24M | ﹤0.01% |
39,040
-196,754
| -83% | -$6.24M |
|
4004
PUT
Hims & Hers Health
HIMS
$7.13B
| $1.24M | ﹤0.01% |
+80,000
| New | +$902K |
|
4005
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$13.8B
| $1.24M | ﹤0.01% |
14,500
-609,500
| -98% | -$51.4M |
|
4006
Synaptics
SYNA
$4.13B
| $1.23M | ﹤0.01% |
12,657
-61,177
| -83% | -$6.43M |
|
4007
Vanguard Total World Stock ETF
VT
$78B
| $1.23M | ﹤0.01% |
11,170
-21,062
| -65% | -$2.23M |
|
4008
PUT
Reddit
RDDT
$29.8B
| $1.23M | ﹤0.01% |
+25,000
| New | +$1.37M |
|
|
AAN
4009
DELISTED
The Aaron's Company Inc
AAN
| $1.23M | ﹤0.01% |
163,727
-28,294
| -15% | -$265K |
|
4010
AeroVironment
AVAV
$8.06B
| $1.23M | ﹤0.01% |
8,006
-7,215
| -47% | -$964K |
|
4011
Cerus
CERS
$433M
| $1.23M | ﹤0.01% |
648,670
-2,051,545
| -76% | -$4.18M |
|
4012
CALL
Riot Platforms
RIOT
$8.1B
| $1.22M | ﹤0.01% |
+100,000
| New | +$1.3M |
|
4013
CALL
American Eagle Outfitters
AEO
$2.99B
| $1.22M | ﹤0.01% |
47,400
-8,400
| -15% | -$187K |
|
4014
PUT
Root
ROOT
$903M
| $1.22M | ﹤0.01% |
+20,000
| New | +$471K |
|
4015
Liberty Broadband Class A
LBRDA
$4.86B
| $1.22M | ﹤0.01% |
+21,349
| New | +$1.41M |
|
4016
CALL
Unity
U
$14.6B
| $1.22M | ﹤0.01% |
45,600
+29,200
| +178% | +$918K |
|
4017
CALL
RadNet
RDNT
$5.25B
| $1.22M | ﹤0.01% |
25,000
-25,000
| -50% | -$1.01M |
|
4018
Northwest Natural Holdings
NWN
$2.06B
| $1.21M | ﹤0.01% |
32,613
-14,078
| -30% | -$526K |
|
4019
CALL
Insmed
INSM
$21.3B
| $1.21M | ﹤0.01% |
+44,700
| New | +$1.25M |
|
4020
CALL
Amneal Pharmaceuticals
AMRX
$6.02B
| $1.21M | ﹤0.01% |
+200,000
| New | +$1.13M |
|
4021
Microvast
MVST
$274M
| $1.21M | ﹤0.01% |
1,446,796
+1,424,949
| +6,522% | +$1.27M |
|
4022
Acme United Corp
ACU
$220M
| $1.21M | ﹤0.01% |
+25,737
| New | +$1.17M |
|
4023
PUT
iShares MSCI South Korea ETF
EWY
$23.3B
| $1.21M | ﹤0.01% |
+18,000
| New | +$1.14M |
|
4024
Clean Energy Fuels
CLNE
$410M
| $1.21M | ﹤0.01% |
450,093
+395,835
| +730% | +$1.18M |
|
4025
Vanguard Russell 1000 Growth ETF
VONG
$43.7B
| $1.21M | ﹤0.01% |
13,916
+11,002
| +378% | +$913K |
|
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.