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 | |
|---|---|---|---|---|---|---|
|
THS
4326
DELISTED
Treehouse Foods
THS
| $693K | ﹤0.01% |
16,722
-645,040
| -97% | -$26.5M |
|
4327
Apyx Medical
APYX
$173M
| $693K | ﹤0.01% |
264,454
-195,755
| -43% | -$474K |
|
4328
PUT
iShares Semiconductor ETF
SOXX
$41.7B
| $691K | ﹤0.01% |
+3,600
| New | +$604K |
|
4329
Peoples Bancorp of North Carolina
PEBK
$229M
| $691K | ﹤0.01% |
22,891
-3,191
| -12% | -$80.4K |
|
4330
First Watch Restaurant Group
FWRG
$792M
| $691K | ﹤0.01% |
34,370
-12,697
| -27% | -$229K |
|
4331
Paysafe
PSFE
$414M
| $691K | ﹤0.01% |
54,009
-97,642
| -64% | -$1.08M |
|
4332
Orion Group Holdings
ORN
$396M
| $690K | ﹤0.01% |
+139,694
| New | +$687K |
|
4333
TTM Technologies
TTMI
$12B
| $689K | ﹤0.01% |
43,605
-151,275
| -78% | -$2.11M |
|
|
SPWR
4334
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $689K | ﹤0.01% |
+142,600
| New | +$681K |
|
4335
PUT
Yeti Holdings
YETI
$3.71B
| $689K | ﹤0.01% |
+13,300
| New | +$589K |
|
4336
Triumph Financial Inc
TFIN
$1.81B
| $688K | ﹤0.01% |
8,581
-15,724
| -65% | -$1.06M |
|
4337
Crawford & Co Class B
CRD.B
$491M
| $687K | ﹤0.01% |
52,502
+19,347
| +58% | +$185K |
|
|
SHCO
4338
DELISTED
Soho House & Co
SHCO
| $687K | ﹤0.01% |
96,424
-198,432
| -67% | -$1.4M |
|
4339
World Acceptance Corp
WRLD
$838M
| $685K | ﹤0.01% |
+5,250
| New | +$615K |
|
|
LPRO
4340
Open Lending Corp
LPRO
| $685K | ﹤0.01% |
80,474
+42,112
| +110% | +$283K |
|
4341
Vanguard Morningstar Large-Cap ETF
VV
$52.4B
| $684K | ﹤0.01% |
3,135
-6,630
| -68% | -$1.36M |
|
4342
Structure Therapeutics
GPCR
$3.41B
| $684K | ﹤0.01% |
16,769
-283,105
| -94% | -$16.2M |
|
4343
PUT
Cincinnati Financial
CINF
$27.3B
| $683K | ﹤0.01% |
6,600
-2,900
| -31% | -$294K |
|
4344
PUT
RingCentral
RNG
$4.66B
| $682K | ﹤0.01% |
+20,100
| New | +$600K |
|
4345
Old Second Bancorp
OSBC
$1.29B
| $682K | ﹤0.01% |
44,178
+7,868
| +22% | +$114K |
|
4346
NETSCOUT
NTCT
$2.96B
| $680K | ﹤0.01% |
30,975
-61,622
| -67% | -$1.38M |
|
|
SMLR
4347
DELISTED
Semler Scientific
SMLR
| $679K | ﹤0.01% |
15,323
-86,790
| -85% | -$3.12M |
|
4348
Amkor Technology
AMKR
$12.4B
| $678K | ﹤0.01% |
20,392
-399,480
| -95% | -$10.5M |
|
4349
Verastem
VSTM
$510M
| $677K | ﹤0.01% |
+83,114
| New | +$597K |
|
4350
PUT
Elastic
ESTC
$6.84B
| $676K | ﹤0.01% |
+6,000
| New | +$533K |
|
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.