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 | |
|---|---|---|---|---|---|---|
|
IVAC
4851
DELISTED
Intevac Inc
IVAC
| $305K | ﹤0.01% |
70,620
+53,503
| +313% | +$199K |
|
4852
OP Bancorp
OPBK
$232M
| $305K | ﹤0.01% |
27,834
-25,107
| -47% | -$231K |
|
4853
CALL
Elastic
ESTC
$6.84B
| $304K | ﹤0.01% |
+2,700
| New | +$240K |
|
4854
ImmunityBio
IBRX
$7.51B
| $303K | ﹤0.01% |
60,308
+16,147
| +37% | +$50.7K |
|
|
B
4855
DELISTED
Barnes Group Inc.
B
| $302K | ﹤0.01% |
9,265
-255,214
| -96% | -$7.29M |
|
|
EU
4856
enCore Energy
EU
$212M
| $301K | ﹤0.01% |
+76,686
| New | +$273K |
|
4857
Yext
YEXT
$547M
| $300K | ﹤0.01% |
51,009
-478,542
| -90% | -$2.94M |
|
4858
BlackRock Health Sciences Trust
BME
$562M
| $299K | ﹤0.01% |
+7,383
| New | +$282K |
|
4859
Schwab Fundamental International Large Company Index ETF
FNDF
$24.9B
| $299K | ﹤0.01% |
+8,854
| New | +$284K |
|
4860
Worthington Enterprises
WOR
$2.75B
| $296K | ﹤0.01% |
5,150
-63,864
| -93% | -$2.81M |
|
4861
CALL
ZIM Integrated Shipping Services
ZIM
$3.04B
| $296K | ﹤0.01% |
+30,000
| New | +$252K |
|
4862
PUT
Tandem Diabetes Care
TNDM
$1.34B
| $296K | ﹤0.01% |
+10,000
| New | +$207K |
|
4863
CALL
Archer Aviation Redeemable Warrants
ACHR.WS
$18.3M
| $296K | ﹤0.01% |
202,466
| – | – |
|
4864
CALL
Yeti Holdings
YETI
$3.71B
| $295K | ﹤0.01% |
+5,700
| New | +$253K |
|
4865
LifeMD
LFMD
$169M
| $294K | ﹤0.01% |
35,477
-262,797
| -88% | -$1.89M |
|
4866
PUT
Dick's Sporting Goods
DKS
$17.5B
| $294K | ﹤0.01% |
2,000
-100,300
| -98% | -$12.2M |
|
4867
PUT
TKO Group
TKO
$13.6B
| $294K | ﹤0.01% |
+3,600
| New | +$286K |
|
4868
iShares MSCI Canada ETF
EWC
$6.13B
| $293K | ﹤0.01% |
7,992
-113,952
| -93% | -$3.88M |
|
4869
CALL
iShares US Real Estate ETF
IYR
$4.66B
| $293K | ﹤0.01% |
3,200
-82,700
| -96% | -$6.77M |
|
|
OLPX
4870
DELISTED
Olaplex Holdings
OLPX
| $292K | ﹤0.01% |
+115,060
| New | +$227K |
|
4871
VanEck Steel ETF
SLX
$169M
| $292K | ﹤0.01% |
+3,954
| New | +$265K |
|
|
TEAF
4872
DELISTED
Ecofin Sustainable & Social Impact Term Fund
TEAF
| $291K | ﹤0.01% |
24,887
-31,164
| -56% | -$365K |
|
4873
Standex International
SXI
$3.59B
| $290K | ﹤0.01% |
1,834
-8,198
| -82% | -$1.18M |
|
4874
Schwab US REIT ETF
SCHH
$11.5B
| $290K | ﹤0.01% |
+14,016
| New | +$260K |
|
4875
PUT
NovoCure
NVCR
$1.73B
| $290K | ﹤0.01% |
19,400
+8,700
| +81% | +$116K |
|
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.