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 | |
|---|---|---|---|---|---|---|
|
SPI
5151
DELISTED
SPI Energy Co., Ltd. Ordinary Shares
SPI
| $148K | ﹤0.01% |
+189,032
| New | +$140K |
|
|
YRD
5152
Yiren Digital
YRD
$98M
| $147K | ﹤0.01% |
+47,019
| New | +$123K |
|
5153
Loop Industries
LOOP
$35.3M
| $145K | ﹤0.01% |
38,374
+956
| +3% | +$3.34K |
|
|
IMMP
5154
Immutep
IMMP
$56M
| $145K | ﹤0.01% |
60,426
-726,179
| -92% | -$1.44M |
|
5155
Smith Micro Software
SMSI
$13.9M
| $144K | ﹤0.01% |
4,353
-1,711
| -28% | -$63.5K |
|
5156
Playboy Inc
PLBY
$133M
| $144K | ﹤0.01% |
143,643
-493,614
| -77% | -$325K |
|
|
YMAB
5157
DELISTED
Y-mAbs Therapeutics
YMAB
| $144K | ﹤0.01% |
21,061
-325,855
| -94% | -$1.88M |
|
5158
BlackRock MuniHoldings Fund
MHD
$602M
| $143K | ﹤0.01% |
12,016
| – | – |
|
5159
CALL
AMC Entertainment Holdings
AMC
$2.47B
| $142K | ﹤0.01% |
39,000
+3,700
| +10% | +$30K |
|
5160
PUT
C4 Therapeutics
CCCC
$405M
| $141K | ﹤0.01% |
+25,000
| New | +$57K |
|
|
ALIM
5161
DELISTED
Alimera Sciences
ALIM
| $140K | ﹤0.01% |
32,461
-57,350
| -64% | -$194K |
|
|
CAPT
5162
DELISTED
Captivision
CAPT
| $139K | ﹤0.01% |
+37,499
| New | +$115K |
|
5163
CALL
FIGS
FIGS
$1.75B
| $139K | ﹤0.01% |
+20,000
| New | +$132K |
|
5164
CI&T Inc
CINT
$414M
| $138K | ﹤0.01% |
+26,327
| New | +$138K |
|
|
EMX
5165
DELISTED
EMX Royalty
EMX
| $137K | ﹤0.01% |
+84,436
| New | +$144K |
|
|
UHGWW
5166
CALL
DELISTED
United Homes Group Warrant
UHGWW
| $136K | ﹤0.01% |
140,417
-674
| -0.5% | -$552 |
|
5167
CALL
LanzaTech Global Warrant
LNZAW
$3.86M
| $136K | ﹤0.01% |
275,000
| – | – |
|
5168
PepGen
PEPG
$123M
| $135K | ﹤0.01% |
19,807
+3,496
| +21% | +$19.2K |
|
5169
Suzano
SUZ
$10.4B
| $135K | ﹤0.01% |
11,849
-1,062,516
| -99% | -$11.5M |
|
5170
5E Advanced Materials
FEAM
$46.1M
| $134K | ﹤0.01% |
4,145
+3,216
| +346% | +$157K |
|
5171
CALL
Bakkt Inc Warrants
BKKT.WS
$286K
| $132K | ﹤0.01% |
400,000
-72,031
| -15% | -$14K |
|
|
AVPTW
5172
CALL
DELISTED
AvePoint Inc Warrant
AVPTW
| $132K | ﹤0.01% |
100,000
| – | – |
|
5173
Accuray
ARAY
$34M
| $131K | ﹤0.01% |
46,254
+8,947
| +24% | +$24.4K |
|
5174
CALL
Roivant Sciences
ROIV
$24.9B
| $130K | ﹤0.01% |
+11,600
| New | +$113K |
|
|
5175
PUT
Roivant Sciences
ROIV
$24.9B
| $130K | ﹤0.01% |
+11,600
| New | +$113K |
|
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.