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 | |
|---|---|---|---|---|---|---|
4751
The Oncology Institute
TOI
$486M
| $358K | ﹤0.01% |
175,412
+78,090
| +80% | +$135K |
|
4752
Cibus
CBUS
$147M
| $358K | ﹤0.01% |
+18,215
| New | +$270K |
|
4753
CALL
Amphenol
APH
$198B
| $357K | ﹤0.01% |
7,200
-295,400
| -98% | -$13M |
|
4754
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $357K | ﹤0.01% |
7,045
-1,710
| -20% | -$86.7K |
|
4755
CALL
American Water Works
AWK
$26.7B
| $356K | ﹤0.01% |
+2,700
| New | +$340K |
|
4756
CALL
Dentsply Sirona
XRAY
$2.68B
| $356K | ﹤0.01% |
10,000
-40,000
| -80% | -$1.27M |
|
4757
CALL
Tyson Foods
TSN
$20.4B
| $355K | ﹤0.01% |
6,600
| – | – |
|
4758
Ecopetrol
EC
$34.5B
| $355K | ﹤0.01% |
29,751
-361,197
| -92% | -$4.38M |
|
|
TUYA
4759
Tuya Inc
TUYA
$1.03B
| $354K | ﹤0.01% |
+154,126
| New | +$285K |
|
4760
Red Rock Resorts
RRR
$3.77B
| $354K | ﹤0.01% |
6,641
-40,603
| -86% | -$1.8M |
|
|
VTRU
4761
DELISTED
Vitru Limited Common Shares
VTRU
| $354K | ﹤0.01% |
22,451
-1,049
| -4% | -$14.4K |
|
|
LGO
4762
Largo
LGO
$59.8M
| $354K | ﹤0.01% |
153,195
+19,708
| +15% | +$46.2K |
|
4763
FNB Corp
FNB
$6.73B
| $353K | ﹤0.01% |
25,671
-251,608
| -91% | -$2.98M |
|
4764
Bitdeer Technologies
BTDR
$2.56B
| $353K | ﹤0.01% |
+35,841
| New | +$204K |
|
4765
Dianthus Therapeutics
DNTH
$5.84B
| $353K | ﹤0.01% |
+33,964
| New | +$375K |
|
|
AIIO
4766
Robo.ai Inc
AIIO
$469M
| $352K | ﹤0.01% |
2,264
-6,357
| -74% | -$1.05M |
|
4767
First Business Financial Services
FBIZ
$587M
| $352K | ﹤0.01% |
8,771
-2,474
| -22% | -$83.2K |
|
4768
PAR Technology
PAR
$699M
| $351K | ﹤0.01% |
8,073
-3,224
| -29% | -$121K |
|
4769
CALL
TE Connectivity
TEL
$59.6B
| $351K | ﹤0.01% |
+2,500
| New | +$322K |
|
|
4770
PUT
TE Connectivity
TEL
$59.6B
| $351K | ﹤0.01% |
+2,500
| New | +$322K |
|
4771
Starwood Property Trust
STWD
$5.92B
| $351K | ﹤0.01% |
16,700
-1,731,626
| -99% | -$34M |
|
4772
CALL
Grab Holdings Warrant
GRABW
$601K
| $351K | ﹤0.01% |
161,784
| – | – |
|
4773
Hercules Capital
HTGC
$3.07B
| $351K | ﹤0.01% |
21,026
-3,394
| -14% | -$53.7K |
|
4774
CALL
Carrier Global
CARR
$51B
| $350K | ﹤0.01% |
+6,100
| New | +$323K |
|
4775
CALL
Axcelis
ACLS
$4.01B
| $350K | ﹤0.01% |
+2,700
| New | +$372K |
|
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.