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 | |
|---|---|---|---|---|---|---|
4026
PUT
Elanco Animal Health
ELAN
$13.2B
| $1.04M | ﹤0.01% |
+70,000
| New | +$793K |
|
4027
LG Display
LPL
$3B
| $1.04M | ﹤0.01% |
+216,244
| New | +$1.03M |
|
|
LGTY
4028
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $1.04M | ﹤0.01% |
92,166
-507,380
| -85% | -$5.45M |
|
4029
iShares Core S&P US Growth ETF
IUSG
$31.7B
| $1.04M | ﹤0.01% |
9,998
+5,846
| +141% | +$576K |
|
4030
AMERISAFE
AMSF
$543M
| $1.04M | ﹤0.01% |
22,241
-28,126
| -56% | -$1.4M |
|
4031
Vera Bradley
VRA
$97M
| $1.04M | ﹤0.01% |
135,104
-149,848
| -53% | -$1.09M |
|
4032
Sunstone Hotel Investors
SHO
$2.19B
| $1.04M | ﹤0.01% |
96,943
-954,643
| -91% | -$9.41M |
|
|
TEF
4033
DELISTED
Telefonica
TEF
| $1.04M | ﹤0.01% |
266,412
+65,115
| +32% | +$262K |
|
4034
Inogen
INGN
$175M
| $1.04M | ﹤0.01% |
189,076
-158,661
| -46% | -$838K |
|
4035
AZZ Inc
AZZ
$4.35B
| $1.04M | ﹤0.01% |
17,854
+2,059
| +13% | +$101K |
|
4036
PUT
Crocs
CROX
$6.14B
| $1.04M | ﹤0.01% |
11,100
-1,900
| -15% | -$175K |
|
4037
PUT
Boston Beer
SAM
$1.91B
| $1.04M | ﹤0.01% |
+3,000
| New | +$1.05M |
|
4038
Silvercrest Asset Management
SAMG
$79M
| $1.04M | ﹤0.01% |
60,963
+27,190
| +81% | +$449K |
|
|
NVO
4039
PUT
Novo Nordisk
NVO
$208B
| $1.03M | ﹤0.01% |
10,000
| – | – |
|
|
GOOS
4040
Canada Goose Holdings
GOOS
$872M
| $1.03M | ﹤0.01% |
+87,139
| New | +$1.03M |
|
4041
Cohen & Steers Infrastructure Fund
UTF
$3.11B
| $1.03M | ﹤0.01% |
48,606
+32,580
| +203% | +$666K |
|
4042
PUT
Hawaiian Electric Industries
HE
$2.23B
| $1.03M | ﹤0.01% |
72,600
-51,200
| -41% | -$666K |
|
4043
CALL
SolarEdge
SEDG
$2.51B
| $1.03M | ﹤0.01% |
11,000
-4,500
| -29% | -$410K |
|
4044
SEACOR Marine Holdings
SMHI
$256M
| $1.03M | ﹤0.01% |
81,688
+20,179
| +33% | +$259K |
|
4045
PUT
Insight Enterprises
NSIT
$3.89B
| $1.03M | ﹤0.01% |
+5,800
| New | +$903K |
|
4046
CALL
Synchrony
SYF
$24.7B
| $1.03M | ﹤0.01% |
26,900
+9,500
| +55% | +$301K |
|
|
ARI
4047
Apollo Commercial Real Estate
ARI
$867M
| $1.03M | ﹤0.01% |
87,445
+28,615
| +49% | +$306K |
|
4048
Laureate Education
LAUR
$5.28B
| $1.03M | ﹤0.01% |
74,826
-226,448
| -75% | -$3.11M |
|
4049
Beyond Meat
BYND
$292M
| $1.03M | ﹤0.01% |
115,190
+23,102
| +25% | +$182K |
|
|
SEVN
4050
Seven Hills Realty Trust
SEVN
$171M
| $1.02M | ﹤0.01% |
79,205
+43,643
| +123% | +$493K |
|
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.