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 | |
|---|---|---|---|---|---|---|
4251
Hecla Mining
HL
$9.47B
| $766K | ﹤0.01% |
159,246
-2,544,042
| -94% | -$11.2M |
|
4252
PUT
State Street SPDR S&P Bank ETF
KBE
$1.64B
| $764K | ﹤0.01% |
+16,600
| New | +$657K |
|
|
DHIL
4253
DELISTED
Diamond Hill
DHIL
| $763K | ﹤0.01% |
4,605
-9,946
| -68% | -$1.61M |
|
4254
PUT
Universal Health Services
UHS
$10.2B
| $762K | ﹤0.01% |
5,000
-5,500
| -52% | -$740K |
|
|
SKE
4255
Skeena Resources
SKE
$3.3B
| $762K | ﹤0.01% |
156,340
+132,372
| +552% | +$558K |
|
4256
Valley National Bancorp
VLY
$7.9B
| $761K | ﹤0.01% |
70,062
-64,049
| -48% | -$575K |
|
|
BAND
4257
Bandwidth Inc
BAND
$1.26B
| $760K | ﹤0.01% |
+52,517
| New | +$613K |
|
|
KRTX
4258
CALL
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $760K | ﹤0.01% |
2,400
+500
| +26% | +$97.2K |
|
4259
CALL
Merit Medical Systems
MMSI
$5.08B
| $760K | ﹤0.01% |
10,000
| – | – |
|
4260
Safe Bulkers
SB
$795M
| $759K | ﹤0.01% |
193,102
+178,446
| +1,218% | +$628K |
|
4261
Destination XL Group
DXLG
$31.2M
| $759K | ﹤0.01% |
172,453
-68,426
| -28% | -$293K |
|
4262
U-Haul Holding Co Series N
UHAL.B
$12.2B
| $759K | ﹤0.01% |
10,770
-22,508
| -68% | -$1.22M |
|
|
NUVL
4263
CALL
DELISTED
Nuvalent
NUVL
| $758K | ﹤0.01% |
10,300
+300
| +3% | +$18.6K |
|
4264
Identive
INVE
$63.4M
| $757K | ﹤0.01% |
91,887
-75,737
| -45% | -$534K |
|
4265
CALL
Opendoor
OPEN
$3.64B
| $756K | ﹤0.01% |
174,427
+49,290
| +39% | +$138K |
|
|
CALB
4266
DELISTED
California BanCorp Common Stock
CALB
| $756K | ﹤0.01% |
30,537
-24,980
| -45% | -$555K |
|
4267
PUT
BioVie
BIVI
$11.5M
| $756K | ﹤0.01% |
6,000
| – | – |
|
4268
CALL
Tenet Healthcare
THC
$20.5B
| $756K | ﹤0.01% |
10,000
-20,000
| -67% | -$1.27M |
|
4269
Northeast Bank
NBN
$1.06B
| $754K | ﹤0.01% |
13,659
+7,441
| +120% | +$373K |
|
4270
Old National Bancorp
ONB
$10.2B
| $753K | ﹤0.01% |
44,598
-110,064
| -71% | -$1.65M |
|
4271
CALL
Omnicell
OMCL
$1.61B
| $753K | ﹤0.01% |
+20,000
| New | +$736K |
|
|
RA
4272
Brookfield Real Assets Income Fund
RA
$708M
| $752K | ﹤0.01% |
+58,725
| New | +$730K |
|
|
APLS
4273
DELISTED
Apellis Pharmaceuticals
APLS
| $750K | ﹤0.01% |
12,527
-32,602
| -72% | -$1.65M |
|
4274
LivePerson
LPSN
$21.8M
| $750K | ﹤0.01% |
13,190
-7,897
| -37% | -$364K |
|
4275
Bank7 Corp
BSVN
$479M
| $750K | ﹤0.01% |
27,406
-17,926
| -40% | -$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.