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 Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4926
El Pollo Loco
LOCO
$501M
| $344K | ﹤0.01% |
35,331
-26,477
| -43% | -$238K |
|
4927
CALL
Alnylam Pharmaceuticals
ALNY
$27.5B
| $344K | ﹤0.01% |
2,300
-3,800
| -62% | -$634K |
|
4928
Target Hospitality
TH
$1.51B
| $344K | ﹤0.01% |
31,614
+14,214
| +82% | +$133K |
|
4929
PUT
Cameco
CCJ
$37.6B
| $342K | ﹤0.01% |
7,900
-278,700
| -97% | -$12.2M |
|
4930
Polestar Automotive Holding UK
PSNY
$2.09B
| $341K | ﹤0.01% |
7,389
+2,358
| +47% | +$128K |
|
4931
CALL
Edison International
EIX
$28.2B
| $340K | ﹤0.01% |
+4,800
| New | +$328K |
|
4932
Instil Bio
TIL
$48.3M
| $339K | ﹤0.01% |
31,381
-18,356
| -37% | -$201K |
|
4933
CALL
monday.com
MNDY
$3.68B
| $339K | ﹤0.01% |
1,500
-24,300
| -94% | -$5.16M |
|
4934
Bausch + Lomb
BLCO
$6.04B
| $339K | ﹤0.01% |
19,574
-18,379
| -48% | -$285K |
|
4935
CALL
Synchrony
SYF
$24.7B
| $336K | ﹤0.01% |
7,800
-19,100
| -71% | -$761K |
|
4936
CALL
Xylem
XYL
$27.3B
| $336K | ﹤0.01% |
+2,600
| New | +$314K |
|
4937
CALL
iShares MSCI South Korea ETF
EWY
$21.9B
| $336K | ﹤0.01% |
+5,000
| New | +$317K |
|
|
SBDS
4938
DELISTED
Solo Brands Inc
SBDS
| $335K | ﹤0.01% |
3,864
+2,175
| +129% | +$250K |
|
4939
PUT
Option Care Health
OPCH
$3.45B
| $335K | ﹤0.01% |
+10,000
| New | +$324K |
|
|
JKS
4940
PUT
JinkoSolar
JKS
$793M
| $335K | ﹤0.01% |
13,300
-23,900
| -64% | -$656K |
|
4941
CALL
ALX Oncology
ALXO
$261M
| $335K | ﹤0.01% |
30,000
-11,600
| -28% | -$163K |
|
4942
Boston Omaha
BOC
$428M
| $334K | ﹤0.01% |
21,622
+1,150
| +6% | +$18.1K |
|
4943
CALL
AvalonBay Communities
AVB
$26.5B
| $334K | ﹤0.01% |
1,800
-54,200
| -97% | -$9.75M |
|
4944
iShares Residential and Multisector Real Estate ETF
REZ
$879M
| $334K | ﹤0.01% |
+4,633
| New | +$327K |
|
4945
CALL
Gartner
IT
$10.1B
| $334K | ﹤0.01% |
+700
| New | +$322K |
|
|
4946
PUT
Gartner
IT
$10.1B
| $334K | ﹤0.01% |
+700
| New | +$322K |
|
4947
Barings BDC
BBDC
$864M
| $334K | ﹤0.01% |
+35,874
| New | +$327K |
|
4948
Greenlight Captial
GLRE
$552M
| $333K | ﹤0.01% |
26,686
+10,303
| +63% | +$120K |
|
4949
CALL
Braze
BRZE
$2.81B
| $332K | ﹤0.01% |
+7,500
| New | +$405K |
|
4950
PUT
DigitalOcean
DOCN
$13.7B
| $332K | ﹤0.01% |
8,700
-41,300
| -83% | -$1.53M |
|
Similar funds
Millennium Management's Q1 2024 Portfolio in Review
As of Q1 2024, Millennium Management held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Millennium Management withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in iShares Bitcoin Trust worth $844M.
- Millennium Management's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Millennium Management added most to Merck in Q1 2024, an estimated $496M increase.
- Millennium Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Millennium Management fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Millennium Management's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Millennium Management opened 858 new positions and closed 745 in Q1 2024.
- Millennium Management's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.