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 | |
|---|---|---|---|---|---|---|
4426
BRC Group Holdings
RILY
$288M
| $604K | ﹤0.01% |
28,771
+22,053
| +328% | +$645K |
|
|
DBVT
4427
DBV Technologies
DBVT
$799M
| $601K | ﹤0.01% |
63,097
+35,082
| +125% | +$340K |
|
4428
CALL
Samsara
IOT
$21.7B
| $601K | ﹤0.01% |
+18,000
| New | +$500K |
|
4429
Arcus Biosciences
RCUS
$3.55B
| $600K | ﹤0.01% |
31,394
-68,784
| -69% | -$1.1M |
|
4430
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.6B
| $600K | ﹤0.01% |
10,258
-5,571
| -35% | -$304K |
|
4431
News Corp Class B
NWS
$16.9B
| $598K | ﹤0.01% |
23,235
-39,205
| -63% | -$887K |
|
|
SCRMW
4432
CALL
DELISTED
Screaming Eagle Acquisition Corp. Warrant
SCRMW
| $597K | ﹤0.01% |
1,325,472
-92,043
| -6% | -$14.7K |
|
4433
CALL
Leidos
LDOS
$14.5B
| $595K | ﹤0.01% |
+5,500
| New | +$560K |
|
4434
Energy Fuels
UUUU
$2.86B
| $594K | ﹤0.01% |
+82,654
| New | +$639K |
|
4435
CALL
Absci
ABSI
$1.32B
| $593K | ﹤0.01% |
+141,300
| New | +$262K |
|
4436
Lexeo Therapeutics
LXEO
$324M
| $592K | ﹤0.01% |
+44,100
| New | +$548K |
|
4437
Mid Penn Bancorp
MPB
$971M
| $590K | ﹤0.01% |
24,300
-35,125
| -59% | -$747K |
|
4438
Entravision Communication
EVC
$1.03B
| $590K | ﹤0.01% |
141,482
-662,401
| -82% | -$2.62M |
|
4439
First Busey Corp
BUSE
$2.57B
| $589K | ﹤0.01% |
23,732
-18,720
| -44% | -$401K |
|
4440
TORM
TRMD
$3.1B
| $589K | ﹤0.01% |
19,354
-20,464
| -51% | -$604K |
|
4441
PUT
Cogent Biosciences
COGT
$6.65B
| $588K | ﹤0.01% |
+100,000
| New | +$766K |
|
4442
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.79B
| $588K | ﹤0.01% |
+23,179
| New | +$566K |
|
|
QIPT
4443
DELISTED
Quipt Home Medical
QIPT
| $587K | ﹤0.01% |
115,379
+99,279
| +617% | +$475K |
|
|
ECHO
4444
PUT
EchoStar
ECHO
$24.4B
| $586K | ﹤0.01% |
+101,500
| New | +$1.31M |
|
|
HQH
4445
abrdn Healthcare Investors
HQH
$1.25B
| $585K | ﹤0.01% |
35,325
-30,771
| -47% | -$473K |
|
4446
PUT
Hormel Foods
HRL
$13.8B
| $584K | ﹤0.01% |
18,200
+6,800
| +60% | +$222K |
|
|
ESPR
4447
CALL
DELISTED
Esperion Therapeutics
ESPR
| $582K | ﹤0.01% |
194,500
-5,500
| -3% | -$7.13K |
|
|
UMH
4448
UMH Properties
UMH
$1.29B
| $580K | ﹤0.01% |
37,875
-84,769
| -69% | -$1.22M |
|
|
CLBTW
4449
CALL
DELISTED
Cellebrite DI Ltd. Warrants
CLBTW
| $580K | ﹤0.01% |
369,166
| – | – |
|
4450
PUT
Sunrun
RUN
$2.34B
| $579K | ﹤0.01% |
29,500
+18,500
| +168% | +$235K |
|
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.