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 | |
|---|---|---|---|---|---|---|
|
BLDP
4501
Ballard Power Systems
BLDP
$805M
| $654K | ﹤0.01% |
235,389
+87,092
| +59% | +$274K |
|
4502
CALL
Steel Dynamics
STLD
$36B
| $652K | ﹤0.01% |
4,400
-15,700
| -78% | -$1.97M |
|
|
SHYF
4503
DELISTED
The Shyft Group
SHYF
| $652K | ﹤0.01% |
52,485
-436,455
| -89% | -$4.87M |
|
4504
CALL
QuantumScape Corp
QS
$3.21B
| $651K | ﹤0.01% |
+103,500
| New | +$696K |
|
4505
Fennec Pharmaceuticals
FENC
$332M
| $651K | ﹤0.01% |
58,534
+44,165
| +307% | +$443K |
|
4506
AEON Biopharma
AEON
$12.9M
| $649K | ﹤0.01% |
+778
| New | +$563K |
|
|
MZTI
4507
The Marzetti Company
MZTI
$2.93B
| $649K | ﹤0.01% |
3,124
-26,899
| -90% | -$5.12M |
|
4508
Evotec
EVO
$679M
| $648K | ﹤0.01% |
82,815
-3,570
| -4% | -$28.1K |
|
|
HDSN
4509
Hudson Technologies
HDSN
$254M
| $648K | ﹤0.01% |
+58,884
| New | +$767K |
|
|
GRND.WS
4510
CALL
DELISTED
Grindr Inc. Warrants, each exercisable for one share of Common Stock at an exercise price of $11.50 per share
GRND.WS
| $647K | ﹤0.01% |
279,908
| – | – |
|
4511
Cartesian Therapeutics
RNAC
$229M
| $647K | ﹤0.01% |
33,154
+25,961
| +361% | +$550K |
|
4512
Clover Health Investments
CLOV
$2.2B
| $646K | ﹤0.01% |
813,788
-717,115
| -47% | -$653K |
|
4513
Stratasys
SSYS
$679M
| $645K | ﹤0.01% |
55,546
+441
| +0.8% | +$5.66K |
|
|
SKE
4514
Skeena Resources
SKE
$3.3B
| $645K | ﹤0.01% |
140,102
-16,238
| -10% | -$68.5K |
|
4515
SmartFinancial
SMBK
$896M
| $645K | ﹤0.01% |
+30,592
| New | +$676K |
|
|
FITB
4516
Fifth Third Bancorp
FITB
$51.2B
| $644K | ﹤0.01% |
17,305
-214,283
| -93% | -$7.46M |
|
|
CRGX
4517
DELISTED
CARGO Therapeutics
CRGX
| $644K | ﹤0.01% |
28,845
-43,861
| -60% | -$1.04M |
|
|
BHR
4518
Braemar Hotels & Resorts
BHR
$156M
| $643K | ﹤0.01% |
321,459
+273,233
| +567% | +$604K |
|
|
GRMN
4519
PUT
Garmin
GRMN
$56.7B
| $640K | ﹤0.01% |
4,300
+2,700
| +169% | +$356K |
|
4520
CALL
Realty Income
O
$59.6B
| $638K | ﹤0.01% |
11,800
-30,700
| -72% | -$1.66M |
|
4521
Green Plains
GPRE
$1.18B
| $637K | ﹤0.01% |
27,562
-1,006,903
| -97% | -$22M |
|
4522
PUT
Church & Dwight Co
CHD
$23.4B
| $636K | ﹤0.01% |
6,100
-150,200
| -96% | -$15M |
|
4523
PUT
LG Display
LPL
$3B
| $636K | ﹤0.01% |
155,100
+11,000
| +8% | +$49.2K |
|
4524
PUT
Celanese
CE
$4.9B
| $636K | ﹤0.01% |
3,700
-16,300
| -82% | -$2.48M |
|
4525
Kenvue
KVUE
$36.9B
| $635K | ﹤0.01% |
29,597
-2,386,997
| -99% | -$48.5M |
|
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.