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 | |
|---|---|---|---|---|---|---|
4276
Transportadora de Gas del Sur
TGS
$4.68B
| $891K | ﹤0.01% |
59,001
-124,022
| -68% | -$1.73M |
|
4277
Ares Capital
ARCC
$13.8B
| $891K | ﹤0.01% |
42,785
-477,175
| -92% | -$9.67M |
|
4278
Xperi
XPER
$377M
| $889K | ﹤0.01% |
73,754
-285,852
| -79% | -$3.14M |
|
4279
PUT
Trupanion
TRUP
$1.09B
| $889K | ﹤0.01% |
+32,200
| New | +$899K |
|
4280
Schwab US REIT ETF
SCHH
$11.5B
| $889K | ﹤0.01% |
43,781
+29,765
| +212% | +$597K |
|
4281
Vitamin Cottage Natural Grocers
NGVC
$765M
| $887K | ﹤0.01% |
49,154
-22,579
| -31% | -$363K |
|
4282
PUT
Cheniere Energy
LNG
$54.1B
| $887K | ﹤0.01% |
+5,500
| New | +$884K |
|
|
SHCO
4283
DELISTED
Soho House & Co
SHCO
| $887K | ﹤0.01% |
156,421
+59,997
| +62% | +$363K |
|
|
ME
4284
DELISTED
23andMe Holding Co
ME
| $886K | ﹤0.01% |
83,311
+78,405
| +1,598% | +$1.01M |
|
4285
Saga Communications
SGA
$59.2M
| $885K | ﹤0.01% |
39,659
+29,046
| +274% | +$672K |
|
4286
Commercial Vehicle Group
CVGI
$156M
| $883K | ﹤0.01% |
137,398
-172,205
| -56% | -$1.11M |
|
4287
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $883K | ﹤0.01% |
+38,398
| New | +$883K |
|
|
CHX
4288
DELISTED
ChampionX
CHX
| $881K | ﹤0.01% |
24,560
-42,228
| -63% | -$1.26M |
|
4289
Achieve Life Sciences
ACHV
$649M
| $880K | ﹤0.01% |
+193,638
| New | +$860K |
|
4290
Middleby
MIDD
$6.14B
| $880K | ﹤0.01% |
5,473
-120,606
| -96% | -$17.8M |
|
4291
CALL
RingCentral
RNG
$4.81B
| $879K | ﹤0.01% |
25,300
+15,700
| +164% | +$528K |
|
|
GRMN
4292
CALL
Garmin
GRMN
$58.8B
| $878K | ﹤0.01% |
5,900
-19,800
| -77% | -$2.61M |
|
|
INBX
4293
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $878K | ﹤0.01% |
25,110
-235,948
| -90% | -$8.6M |
|
4294
Astec Industries
ASTE
$1.21B
| $876K | ﹤0.01% |
20,032
-7,166
| -26% | -$267K |
|
4295
Regional Management Corp
RM
$324M
| $875K | ﹤0.01% |
36,129
-19,232
| -35% | -$463K |
|
4296
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.4B
| $874K | ﹤0.01% |
7,484
-21,496
| -74% | -$2.43M |
|
|
ARIS
4297
DELISTED
Aris Water Solutions
ARIS
| $874K | ﹤0.01% |
61,740
-7,028
| -10% | -$71.5K |
|
|
FIRY
4298
Firy Inc
FIRY
$144M
| $873K | ﹤0.01% |
134,591
-25,340
| -16% | -$155K |
|
4299
CALL
SL Green Realty
SLG
$3.85B
| $871K | ﹤0.01% |
15,800
-5,600
| -26% | -$265K |
|
4300
Airbnb
ABNB
$89.4B
| $870K | ﹤0.01% |
5,275
-107,704
| -95% | -$16.3M |
|
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.