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 | |
|---|---|---|---|---|---|---|
5026
PUT
FirstEnergy
FE
$28B
| $224K | ﹤0.01% |
6,100
-28,300
| -82% | -$1.02M |
|
5027
Centrus Energy
LEU
$3.5B
| $224K | ﹤0.01% |
+4,108
| New | +$215K |
|
5028
Information Services Group
III
$198M
| $222K | ﹤0.01% |
47,236
-28,302
| -37% | -$124K |
|
|
BGB
5029
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
| $222K | ﹤0.01% |
19,611
| – | – |
|
5030
iShares MSCI World ETF
URTH
$8B
| $221K | ﹤0.01% |
1,659
-238
| -13% | -$29.7K |
|
|
OPT
5031
DELISTED
Opthea Limited American Depositary Shares
OPT
| $220K | ﹤0.01% |
74,725
-87,138
| -54% | -$181K |
|
5032
Hyatt Hotels
H
$16.4B
| $220K | ﹤0.01% |
1,686
-69,945
| -98% | -$7.93M |
|
5033
SoundHound AI
SOUN
$2.68B
| $220K | ﹤0.01% |
+103,553
| New | +$205K |
|
5034
Monro
MNRO
$386M
| $219K | ﹤0.01% |
7,480
-403,810
| -98% | -$11.4M |
|
|
PHK
5035
PIMCO High Income Fund
PHK
$869M
| $219K | ﹤0.01% |
43,964
+28,721
| +188% | +$130K |
|
|
BSL
5036
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$169M
| $219K | ﹤0.01% |
16,394
| – | – |
|
5037
Spero Therapeutics
SPRO
$68.9M
| $219K | ﹤0.01% |
148,857
+29,163
| +24% | +$34.8K |
|
|
BVH
5038
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $219K | ﹤0.01% |
2,912
-17,374
| -86% | -$1.01M |
|
5039
CALL
Olin
OLN
$2.09B
| $216K | ﹤0.01% |
4,000
-29,400
| -88% | -$1.41M |
|
|
5040
PUT
Olin
OLN
$2.09B
| $216K | ﹤0.01% |
+4,000
| New | +$192K |
|
5041
Park National Corp
PRK
$3.77B
| $216K | ﹤0.01% |
1,623
-15,770
| -91% | -$1.75M |
|
|
HTT
5042
High Templar Tech Ltd
HTT
$374M
| $215K | ﹤0.01% |
105,448
-60,165
| -36% | -$113K |
|
5043
Unitil
UTL
$973M
| $215K | ﹤0.01% |
4,087
-1,227
| -23% | -$59.4K |
|
5044
Inovio Pharmaceuticals
INO
$55.5M
| $215K | ﹤0.01% |
35,093
-346,445
| -91% | -$1.71M |
|
5045
ESS Tech
GWH
$22.7M
| $215K | ﹤0.01% |
12,555
+8,578
| +216% | +$174K |
|
5046
Century Casinos
CNTY
$34M
| $214K | ﹤0.01% |
43,785
-85,301
| -66% | -$394K |
|
5047
CALL
Incyte
INCY
$24.4B
| $213K | ﹤0.01% |
+3,400
| New | +$192K |
|
5048
Dimensional International Core Equity 2 ETF
DFIC
$14.8B
| $212K | ﹤0.01% |
+8,312
| New | +$198K |
|
|
SUP
5049
PUT
DELISTED
Superior Industries International
SUP
| $212K | ﹤0.01% |
66,300
-63,100
| -49% | -$179K |
|
5050
Sixth Street Specialty
TSLX
$1.64B
| $211K | ﹤0.01% |
+9,770
| New | +$201K |
|
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.