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 | |
|---|---|---|---|---|---|---|
|
LICY
4801
DELISTED
Li-Cycle Holdings Corp.
LICY
| $340K | ﹤0.01% |
72,615
+23,301
| +47% | +$265K |
|
4802
Broadwind
BWEN
$93.6M
| $338K | ﹤0.01% |
122,179
-1,829
| -1% | -$4.83K |
|
|
CNTA
4803
DELISTED
Centessa Pharmaceuticals
CNTA
| $338K | ﹤0.01% |
+42,487
| New | +$285K |
|
4804
PUT
Ecolab
ECL
$78.1B
| $337K | ﹤0.01% |
1,700
-300
| -15% | -$54K |
|
4805
PUT
Grab
GRAB
$14.3B
| $337K | ﹤0.01% |
100,000
| – | – |
|
4806
Harvard Bioscience
HBIO
$27.5M
| $336K | ﹤0.01% |
6,288
-27,659
| -81% | -$1.25M |
|
|
BWAY
4807
Brainsway
BWAY
$611M
| $335K | ﹤0.01% |
+103,480
| New | +$250K |
|
4808
Vanguard Health Care ETF
VHT
$18.1B
| $333K | ﹤0.01% |
1,327
-7,680
| -85% | -$1.82M |
|
4809
Sprinklr
CXM
$1.49B
| $332K | ﹤0.01% |
27,553
-13,739
| -33% | -$189K |
|
4810
Global X S&P 500 Covered Call ETF
XYLD
$3.24B
| $331K | ﹤0.01% |
+8,403
| New | +$328K |
|
4811
Beam Global
BEEM
$23.3M
| $331K | ﹤0.01% |
46,741
-113,877
| -71% | -$714K |
|
4812
iShares Silver Trust
SLV
$28B
| $330K | ﹤0.01% |
15,154
-736,270
| -98% | -$15.7M |
|
|
LBC
4813
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $329K | ﹤0.01% |
30,699
-13,624
| -31% | -$123K |
|
|
XIFR
4814
PUT
XPLR Infrastructure LP
XIFR
$1.12B
| $328K | ﹤0.01% |
+10,800
| New | +$275K |
|
4815
CALL
Hewlett Packard
HPE
$63.4B
| $328K | ﹤0.01% |
+19,300
| New | +$314K |
|
4816
Kura Sushi USA
KRUS
$560M
| $327K | ﹤0.01% |
4,297
-72,267
| -94% | -$4.67M |
|
4817
Hawthorn Bancshares
HWBK
$269M
| $327K | ﹤0.01% |
+12,870
| New | +$255K |
|
4818
CALL
RingCentral
RNG
$4.66B
| $326K | ﹤0.01% |
+9,600
| New | +$287K |
|
|
COOP
4819
CALL
DELISTED
Mr. Cooper
COOP
| $326K | ﹤0.01% |
+5,000
| New | +$296K |
|
4820
Meridian
MRBK
$234M
| $325K | ﹤0.01% |
23,400
-26,042
| -53% | -$303K |
|
4821
CALL
Universal Display
OLED
$3.75B
| $325K | ﹤0.01% |
1,700
+300
| +21% | +$49.6K |
|
|
TERN
4822
CALL
DELISTED
Terns Pharmaceuticals
TERN
| $325K | ﹤0.01% |
+50,000
| New | +$264K |
|
|
ATSG
4823
DELISTED
Air Transport Services Group
ATSG
| $324K | ﹤0.01% |
18,425
-376,091
| -95% | -$6.69M |
|
4824
PUT
Parker-Hannifin
PH
$123B
| $322K | ﹤0.01% |
700
+100
| +17% | +$41.6K |
|
|
HA
4825
CALL
DELISTED
Hawaiian Holdings, Inc.
HA
| $322K | ﹤0.01% |
+22,700
| New | +$168K |
|
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.