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 | |
|---|---|---|---|---|---|---|
|
ECHO
4401
EchoStar
ECHO
$24.5B
| $767K | ﹤0.01% |
53,838
-576,643
| -91% | -$8.04M |
|
|
MPT
4402
CALL
Medical Properties Trust
MPT
$2.75B
| $767K | ﹤0.01% |
+163,200
| New | +$625K |
|
4403
iShares US Home Construction ETF
ITB
$2.23B
| $765K | ﹤0.01% |
6,610
+214
| +3% | +$22.4K |
|
4404
CALL
Affirm
AFRM
$25.4B
| $764K | ﹤0.01% |
20,500
-58,900
| -74% | -$2.35M |
|
4405
PUT
Alexandria Real Estate Equities
ARE
$9.18B
| $761K | ﹤0.01% |
+5,900
| New | +$727K |
|
4406
Seacoast Banking Corp of Florida
SBCF
$3.39B
| $760K | ﹤0.01% |
29,926
+1,188
| +4% | +$29.9K |
|
4407
PUT
Penumbra
PEN
$12.7B
| $759K | ﹤0.01% |
+3,400
| New | +$841K |
|
4408
PUT
NRG Energy
NRG
$29.4B
| $758K | ﹤0.01% |
11,200
-215,700
| -95% | -$12.1M |
|
4409
CALL
Baxter International
BAX
$14.5B
| $756K | ﹤0.01% |
17,700
-14,300
| -45% | -$581K |
|
4410
CALL
Joby Aviation Warrants
JOBY.WS
$313K
| $755K | ﹤0.01% |
+381,033
| New | +$348K |
|
|
ONL
4411
Orion Office REIT
ONL
$153M
| $753K | ﹤0.01% |
214,672
-532,142
| -71% | -$2.39M |
|
4412
Shutterstock
SSTK
$217M
| $753K | ﹤0.01% |
16,444
-202,503
| -92% | -$9.65M |
|
|
NEWP
4413
New Pacific Metals
NEWP
$872M
| $753K | ﹤0.01% |
555,104
+512,846
| +1,214% | +$641K |
|
|
PHK
4414
PIMCO High Income Fund
PHK
$875M
| $752K | ﹤0.01% |
152,221
+108,257
| +246% | +$533K |
|
|
RVNC
4415
DELISTED
Revance Therapeutics, Inc.
RVNC
| $750K | ﹤0.01% |
152,365
+139,210
| +1,058% | +$824K |
|
4416
iShares Global Infrastructure ETF
IGF
$10.9B
| $748K | ﹤0.01% |
+15,699
| New | +$721K |
|
4417
ProQR Therapeutics
PRQR
$241M
| $747K | ﹤0.01% |
328,989
-120,073
| -27% | -$257K |
|
4418
CALL
Johnson Controls International
JCI
$88.5B
| $745K | ﹤0.01% |
11,400
+4,200
| +58% | +$245K |
|
4419
Aegon
AEG
$14B
| $744K | ﹤0.01% |
123,029
-163,793
| -57% | -$953K |
|
4420
Schwab International Equity ETF
SCHF
$66.9B
| $744K | ﹤0.01% |
38,144
-172,380
| -82% | -$3.22M |
|
|
SGMO
4421
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $740K | ﹤0.01% |
1,104,877
-17,722
| -2% | -$12.9K |
|
4422
PUT
Virgin Galactic
SPCE
$359M
| $740K | ﹤0.01% |
25,000
| – | – |
|
|
ONC
4423
BeOne Medicines Ltd
ONC
$32.4B
| $738K | ﹤0.01% |
4,720
-2,604
| -36% | -$419K |
|
|
KZR
4424
DELISTED
Kezar Life Sciences
KZR
| $737K | ﹤0.01% |
81,697
-211,059
| -72% | -$1.92M |
|
4425
Kelly Services Class A
KELYA
$525M
| $736K | ﹤0.01% |
29,382
-82,394
| -74% | -$1.85M |
|
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.