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 | |
|---|---|---|---|---|---|---|
|
ADAP
4776
DELISTED
Adaptimmune Therapeutics
ADAP
| $350K | ﹤0.01% |
441,032
+140,971
| +47% | +$79.5K |
|
4777
PureCycle Technologies
PCT
$1.28B
| $349K | ﹤0.01% |
86,087
-109,334
| -56% | -$480K |
|
4778
Tiptree Inc
TIPT
$662M
| $348K | ﹤0.01% |
18,378
-78,025
| -81% | -$1.35M |
|
|
PETQ
4779
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $347K | ﹤0.01% |
+17,593
| New | +$338K |
|
|
TVRD
4780
Tvardi Therapeutics
TVRD
$19.7M
| $347K | ﹤0.01% |
12,977
-8,537
| -40% | -$353K |
|
4781
CALL
IQVIA
IQV
$38.7B
| $347K | ﹤0.01% |
1,500
-4,600
| -75% | -$944K |
|
4782
CALL
Madrigal Pharmaceuticals
MDGL
$10.8B
| $347K | ﹤0.01% |
1,500
-8,200
| -85% | -$1.43M |
|
|
PRFT
4783
DELISTED
Perficient Inc
PRFT
| $347K | ﹤0.01% |
5,271
-16,218
| -75% | -$998K |
|
4784
First Majestic Silver
AG
$7.41B
| $347K | ﹤0.01% |
56,412
-530,869
| -90% | -$2.93M |
|
4785
SoundThinking
SSTI
$100M
| $347K | ﹤0.01% |
+13,567
| New | +$277K |
|
4786
CALL
iShares Semiconductor ETF
SOXX
$41.7B
| $346K | ﹤0.01% |
+1,800
| New | +$302K |
|
4787
Rush Street Interactive
RSI
$2.77B
| $344K | ﹤0.01% |
76,712
-533,293
| -87% | -$2.21M |
|
4788
Restaurant Brands International
QSR
$25.7B
| $344K | ﹤0.01% |
4,403
+1,008
| +30% | +$70.1K |
|
4789
PUT
AMC Entertainment Holdings
AMC
$2.52B
| $344K | ﹤0.01% |
284,100
+3,700
| +1% | +$30K |
|
|
EFC
4790
Ellington Financial
EFC
$1.67B
| $343K | ﹤0.01% |
27,018
+5,191
| +24% | +$65.8K |
|
4791
Pixelworks
PXLW
$38.2M
| $343K | ﹤0.01% |
21,832
+20,468
| +1,501% | +$297K |
|
4792
CALL
Box
BOX
$4.37B
| $343K | ﹤0.01% |
13,400
-454,300
| -97% | -$11.5M |
|
4793
Black Diamond Therapeutics
BDTX
$96.8M
| $342K | ﹤0.01% |
121,809
-253,942
| -68% | -$596K |
|
4794
iShares MSCI ACWI ex US ETF
ACWX
$11.5B
| $342K | ﹤0.01% |
+6,696
| New | +$322K |
|
4795
Polestar Automotive Holding UK
PSNY
$2.09B
| $341K | ﹤0.01% |
5,031
-48,685
| -91% | -$3.39M |
|
4796
First Merchants
FRME
$2.68B
| $341K | ﹤0.01% |
9,196
-175,876
| -95% | -$5.45M |
|
4797
KVH Industries
KVHI
$181M
| $341K | ﹤0.01% |
64,812
+15,880
| +32% | +$77.6K |
|
4798
Star Holdings Shares of Beneficial Interest
STHO
$113M
| $341K | ﹤0.01% |
22,755
-72,779
| -76% | -$908K |
|
4799
ChargePoint
CHPT
$141M
| $340K | ﹤0.01% |
7,270
-2,276
| -24% | -$127K |
|
|
CRF
4800
Cornerstone Total Return Fund
CRF
$1.16B
| $340K | ﹤0.01% |
49,146
+26,587
| +118% | +$186K |
|
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.