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 | |
|---|---|---|---|---|---|---|
4201
GeneDx Holdings
WGS
$2.01B
| $969K | ﹤0.01% |
106,083
-26,275
| -20% | -$158K |
|
4202
Ranger Energy Services
RNGR
$379M
| $967K | ﹤0.01% |
+85,670
| New | +$892K |
|
4203
PUT
Axsome Therapeutics
AXSM
$10.9B
| $966K | ﹤0.01% |
12,100
-9,100
| -43% | -$764K |
|
4204
SLR Investment Corp
SLRC
$709M
| $963K | ﹤0.01% |
62,739
-12,125
| -16% | -$184K |
|
4205
PUT
Rockwell Automation
ROK
$53.5B
| $961K | ﹤0.01% |
3,300
-20,900
| -86% | -$6.02M |
|
4206
KNOT Offshore Partners
KNOP
$370M
| $959K | ﹤0.01% |
185,867
+35,846
| +24% | +$202K |
|
4207
Gentex
GNTX
$4.99B
| $958K | ﹤0.01% |
26,533
+10,446
| +65% | +$361K |
|
4208
Cosan
CSAN
$3.19B
| $956K | ﹤0.01% |
73,801
-108,268
| -59% | -$1.55M |
|
4209
Cornerstone Strategic Value Fund
CLM
$2.2B
| $955K | ﹤0.01% |
128,978
+58,188
| +82% | +$415K |
|
4210
CALL
Kinder Morgan
KMI
$69.9B
| $952K | ﹤0.01% |
51,900
-663,600
| -93% | -$11.6M |
|
|
SCPH
4211
DELISTED
scPharmaceuticals
SCPH
| $949K | ﹤0.01% |
189,084
-167,789
| -47% | -$940K |
|
4212
CALL
Acadia Pharmaceuticals
ACAD
$4.39B
| $949K | ﹤0.01% |
+51,300
| New | +$1.27M |
|
4213
PUT
CME Group
CME
$95.7B
| $947K | ﹤0.01% |
4,400
-129,100
| -97% | -$27.1M |
|
4214
Invesco NASDAQ 100 ETF
QQQM
$99B
| $947K | ﹤0.01% |
+5,182
| New | +$915K |
|
4215
Oil-Dri
ODC
$1.41B
| $947K | ﹤0.01% |
25,394
+4,628
| +22% | +$160K |
|
4216
Campbell Soup
CPB
$6.67B
| $946K | ﹤0.01% |
21,288
-117,770
| -85% | -$5.1M |
|
4217
CALL
Lyft
LYFT
$6.22B
| $944K | ﹤0.01% |
48,800
+11,700
| +32% | +$179K |
|
4218
CALL
Arcus Biosciences
RCUS
$3.47B
| $944K | ﹤0.01% |
+50,000
| New | +$865K |
|
|
PSTL
4219
Postal Realty Trust
PSTL
$698M
| $941K | ﹤0.01% |
65,728
-44,788
| -41% | -$635K |
|
4220
Voyager Therapeutics
VYGR
$181M
| $938K | ﹤0.01% |
+100,725
| New | +$850K |
|
4221
Lattice Semiconductor
LSCC
$18B
| $937K | ﹤0.01% |
11,977
-345,832
| -97% | -$24.7M |
|
4222
Opko Health
OPK
$978M
| $935K | ﹤0.01% |
779,430
+182,986
| +31% | +$183K |
|
|
DEA
4223
Easterly Government Properties
DEA
$1.17B
| $935K | ﹤0.01% |
32,498
+24,519
| +307% | +$745K |
|
4224
Blackstone Mortgage Trust
BXMT
$2.46B
| $933K | ﹤0.01% |
46,859
-38,006
| -45% | -$765K |
|
|
ARCH
4225
PUT
DELISTED
Arch Resources, Inc.
ARCH
| $933K | ﹤0.01% |
+5,800
| New | +$991K |
|
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.