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 | |
|---|---|---|---|---|---|---|
4951
CALL
Bank OZK
OZK
$5.6B
| $332K | ﹤0.01% |
7,300
-20,900
| -74% | -$936K |
|
4952
Outlook Therapeutics
OTLK
$183M
| $331K | ﹤0.01% |
27,744
+13,965
| +101% | +$113K |
|
4953
UWM Holdings
UWMC
$617M
| $331K | ﹤0.01% |
45,590
-21,431
| -32% | -$145K |
|
|
NNDM
4954
Nano Dimension
NNDM
$316M
| $331K | ﹤0.01% |
118,775
-60,084
| -34% | -$155K |
|
4955
CALL
VICI Properties
VICI
$29B
| $331K | ﹤0.01% |
11,100
-2,700
| -20% | -$81K |
|
4956
PUT
Trane Technologies
TT
$100B
| $330K | ﹤0.01% |
1,100
-200
| -15% | -$54.3K |
|
|
ETX
4957
Eaton Vance Municipal Income 2028 Term Trust
ETX
$198M
| $330K | ﹤0.01% |
18,487
-3,207
| -15% | -$57.5K |
|
4958
City Holding Co
CHCO
$2.05B
| $330K | ﹤0.01% |
3,163
-782
| -20% | -$80.7K |
|
|
FFWM
4959
DELISTED
First Foundation Inc
FFWM
| $330K | ﹤0.01% |
43,646
-304,839
| -87% | -$2.61M |
|
4960
iShares Latin America 40 ETF
ILF
$3.85B
| $330K | ﹤0.01% |
11,586
-115,466
| -91% | -$3.25M |
|
4961
Quad
QUAD
$536M
| $328K | ﹤0.01% |
+61,769
| New | +$334K |
|
4962
Vornado Realty Trust
VNO
$7.41B
| $328K | ﹤0.01% |
11,400
-22,679
| -67% | -$606K |
|
4963
Mid Penn Bancorp
MPB
$971M
| $328K | ﹤0.01% |
16,368
-7,932
| -33% | -$171K |
|
4964
Rocky Brands
RCKY
$366M
| $327K | ﹤0.01% |
12,057
-9,389
| -44% | -$256K |
|
4965
PUT
First Citizens BancShares
FCNCA
$24.9B
| $327K | ﹤0.01% |
+200
| New | +$301K |
|
4966
Shenandoah Telecom
SHEN
$664M
| $327K | ﹤0.01% |
18,823
-52,142
| -73% | -$1.01M |
|
4967
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.79B
| $326K | ﹤0.01% |
13,317
-9,862
| -43% | -$245K |
|
|
MAGN
4968
Magnera Corp
MAGN
$472M
| $326K | ﹤0.01% |
12,520
-3,714
| -23% | -$88.1K |
|
4969
CALL
ArcelorMittal
MT
$52.9B
| $325K | ﹤0.01% |
11,800
-73,400
| -86% | -$1.98M |
|
4970
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.84B
| $325K | ﹤0.01% |
11,429
-20,003
| -64% | -$500K |
|
4971
Nuvectis Pharma
NVCT
$678M
| $324K | ﹤0.01% |
39,501
+5,490
| +16% | +$46.7K |
|
4972
BlackRock Resources & Commodities Strategy Trust
BCX
$919M
| $324K | ﹤0.01% |
+35,656
| New | +$308K |
|
4973
Hope Bancorp
HOPE
$1.79B
| $322K | ﹤0.01% |
28,007
-266,989
| -91% | -$3M |
|
|
PWOD
4974
DELISTED
Penns Woods Bancorp
PWOD
| $322K | ﹤0.01% |
+16,586
| New | +$335K |
|
|
TWKS
4975
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $320K | ﹤0.01% |
126,677
+73,761
| +139% | +$283K |
|
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.