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 | |
|---|---|---|---|---|---|---|
5026
PUT
Xylem
XYL
$27.3B
| $297K | ﹤0.01% |
+2,300
| New | +$278K |
|
|
MURA
5027
DELISTED
Mural Oncology
MURA
| $296K | ﹤0.01% |
60,454
-160,987
| -73% | -$782K |
|
5028
Rackspace Technology
RXT
$1.05B
| $295K | ﹤0.01% |
186,819
+32,915
| +21% | +$59K |
|
|
JAMF
5029
DELISTED
Jamf
JAMF
| $294K | ﹤0.01% |
+16,032
| New | +$301K |
|
|
TEAF
5030
DELISTED
Ecofin Sustainable & Social Impact Term Fund
TEAF
| $294K | ﹤0.01% |
24,887
| – | – |
|
|
EXTO
5031
DELISTED
Almacenes Exito S.A
EXTO
| $294K | ﹤0.01% |
+56,565
| New | +$325K |
|
5032
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| $293K | ﹤0.01% |
2,330
-156,491
| -99% | -$18.4M |
|
|
ZJYL
5033
DELISTED
Jin Medical International
ZJYL
| $293K | ﹤0.01% |
+3,820
| New | +$559K |
|
5034
loanDepot
LDI
$532M
| $293K | ﹤0.01% |
113,200
+49,182
| +77% | +$132K |
|
5035
CALL
Celanese
CE
$4.9B
| $292K | ﹤0.01% |
+1,700
| New | +$259K |
|
5036
AZZ Inc
AZZ
$4.35B
| $292K | ﹤0.01% |
3,779
-14,075
| -79% | -$951K |
|
5037
ImmunityBio
IBRX
$7.51B
| $292K | ﹤0.01% |
54,349
-5,959
| -10% | -$27K |
|
5038
Radware
RDWR
$1.1B
| $291K | ﹤0.01% |
15,558
-262,880
| -94% | -$4.77M |
|
|
MRNS
5039
PUT
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $290K | ﹤0.01% |
+32,100
| New | +$312K |
|
5040
CALL
BorgWarner
BWA
$13.1B
| $288K | ﹤0.01% |
8,300
+1,700
| +26% | +$55.6K |
|
|
5041
PUT
BorgWarner
BWA
$13.1B
| $288K | ﹤0.01% |
+8,300
| New | +$271K |
|
5042
China Automotive Systems
CAAS
$136M
| $288K | ﹤0.01% |
81,186
-16,092
| -17% | -$53.5K |
|
5043
Bar Harbor Bankshares
BHB
$665M
| $288K | ﹤0.01% |
+10,878
| New | +$284K |
|
5044
Bitdeer Technologies
BTDR
$2.56B
| $288K | ﹤0.01% |
40,996
+5,155
| +14% | +$37.8K |
|
|
CMRC
5045
Commerce.com Inc Series 1
CMRC
$258M
| $287K | ﹤0.01% |
+41,698
| New | +$334K |
|
5046
Canadian Imperial Bank of Commerce
CM
$108B
| $286K | ﹤0.01% |
5,640
-70,110
| -93% | -$3.31M |
|
5047
Microvision
MVIS
$6.21M
| $285K | ﹤0.01% |
154,899
+36,276
| +31% | +$82.2K |
|
5048
OneWater Marine
ONEW
$204M
| $285K | ﹤0.01% |
+10,120
| New | +$273K |
|
5049
Gaotu Techedu
GOTU
$434M
| $284K | ﹤0.01% |
43,410
+16,060
| +59% | +$85K |
|
|
WOW
5050
DELISTED
WideOpenWest
WOW
| $282K | ﹤0.01% |
77,898
-430,842
| -85% | -$1.54M |
|
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.