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 | |
|---|---|---|---|---|---|---|
4901
PUT
Lumentum
LITE
$55.5B
| $278K | ﹤0.01% |
+5,300
| New | +$231K |
|
|
DMTK
4902
DELISTED
DermTech, Inc. Common Stock
DMTK
| $275K | ﹤0.01% |
+157,406
| New | +$230K |
|
4903
PUT
Veracyte
VCYT
$3.7B
| $275K | ﹤0.01% |
+10,000
| New | +$241K |
|
4904
PUT
Teck Resources
TECK
$29.6B
| $275K | ﹤0.01% |
6,500
-4,800
| -42% | -$184K |
|
4905
908 Devices
MASS
$329M
| $275K | ﹤0.01% |
24,478
+8,102
| +49% | +$55.4K |
|
4906
First Commonwealth Financial
FCF
$2.18B
| $274K | ﹤0.01% |
17,737
-79,706
| -82% | -$1.07M |
|
4907
PUT
Stevanato
STVN
$5.42B
| $273K | ﹤0.01% |
10,000
-20,000
| -67% | -$576K |
|
|
VPU
4908
Vanguard Utilities ETF
VPU
$8.46B
| $273K | ﹤0.01% |
1,990
+382
| +24% | +$50.4K |
|
4909
INmune Bio
INMB
$46.5M
| $273K | ﹤0.01% |
+24,204
| New | +$203K |
|
|
CLPR
4910
Clipper Realty
CLPR
$45.2M
| $272K | ﹤0.01% |
50,434
+11,321
| +29% | +$56.8K |
|
4911
Pangaea Logistics
PANL
$498M
| $272K | ﹤0.01% |
32,986
+16,726
| +103% | +$113K |
|
4912
Neogen
NEOG
$2.62B
| $271K | ﹤0.01% |
13,500
-595,965
| -98% | -$10.1M |
|
4913
Warby Parker
WRBY
$3.28B
| $271K | ﹤0.01% |
+19,233
| New | +$240K |
|
4914
Capital Group International Focus Equity ETF
CGXU
$6.26B
| $268K | ﹤0.01% |
+11,235
| New | +$251K |
|
|
DEA
4915
Easterly Government Properties
DEA
$1.13B
| $268K | ﹤0.01% |
7,979
-28,386
| -78% | -$839K |
|
4916
FRP Holdings
FRPH
$428M
| $268K | ﹤0.01% |
8,510
-24,696
| -74% | -$709K |
|
4917
CALL
Rivian
RIVN
$22B
| $267K | ﹤0.01% |
11,400
-47,300
| -81% | -$889K |
|
4918
Root
ROOT
$857M
| $267K | ﹤0.01% |
25,451
-49,551
| -66% | -$492K |
|
|
ACR
4919
ACRES Commercial Realty
ACR
$124M
| $265K | ﹤0.01% |
+27,525
| New | +$224K |
|
4920
First Bancorp
FBNC
$2.6B
| $265K | ﹤0.01% |
7,152
-71,034
| -91% | -$2.23M |
|
4921
Cato Corp
CATO
$68.3M
| $264K | ﹤0.01% |
37,023
-391,905
| -91% | -$2.77M |
|
4922
CALL
Republic Services
RSG
$64.8B
| $264K | ﹤0.01% |
1,600
-36,300
| -96% | -$5.63M |
|
|
4923
PUT
Republic Services
RSG
$64.8B
| $264K | ﹤0.01% |
+1,600
| New | +$248K |
|
4924
Diodes
DIOD
$3.78B
| $264K | ﹤0.01% |
3,275
-199,296
| -98% | -$14.6M |
|
4925
Aquestive Therapeutics
AQST
$463M
| $264K | ﹤0.01% |
130,483
-61,833
| -32% | -$109K |
|
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.