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 | |
|---|---|---|---|---|---|---|
5351
CS Disco
LAW
$250M
| $147K | ﹤0.01% |
18,050
+5,469
| +43% | +$41.9K |
|
|
GIFI
5352
DELISTED
Gulf Island Fabrication
GIFI
| $146K | ﹤0.01% |
+19,878
| New | +$104K |
|
5353
CALL
Archer Aviation Redeemable Warrants
ACHR.WS
$18.3M
| $146K | ﹤0.01% |
202,466
| – | – |
|
5354
BlackRock MuniHoldings Fund
MHD
$598M
| $145K | ﹤0.01% |
12,016
| – | – |
|
5355
CALL
Plug Power
PLUG
$2.87B
| $145K | ﹤0.01% |
42,100
-459,500
| -92% | -$1.71M |
|
|
5356
PUT
Plug Power
PLUG
$2.87B
| $145K | ﹤0.01% |
42,100
-1,367,000
| -97% | -$5.08M |
|
|
KREF
5357
KKR Real Estate Finance Trust
KREF
$448M
| $144K | ﹤0.01% |
14,360
-108,389
| -88% | -$1.19M |
|
5358
Biodesix
BDSX
$220M
| $144K | ﹤0.01% |
5,038
+472
| +10% | +$16.2K |
|
|
LGO
5359
Largo
LGO
$59.8M
| $144K | ﹤0.01% |
87,329
-65,866
| -43% | -$129K |
|
5360
CALL
Annexon
ANNX
$834M
| $143K | ﹤0.01% |
+20,000
| New | +$104K |
|
5361
CuriosityStream
CURI
$145M
| $143K | ﹤0.01% |
133,683
+112,489
| +531% | +$63.1K |
|
|
ULY
5362
DELISTED
Urgent.ly
ULY
| $143K | ﹤0.01% |
6,322
+4,253
| +206% | +$121K |
|
|
RWT
5363
Redwood Trust
RWT
$574M
| $142K | ﹤0.01% |
22,320
-45,723
| -67% | -$299K |
|
5364
Rayonier Advanced Materials
RYAM
$604M
| $142K | ﹤0.01% |
29,702
-166,291
| -85% | -$708K |
|
5365
Village Farms International
VFF
$234M
| $142K | ﹤0.01% |
114,477
-10,196
| -8% | -$8.55K |
|
|
RDW.WS
5366
CALL
DELISTED
Redwire Corporation Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share
RDW.WS
| $142K | ﹤0.01% |
301,829
| – | – |
|
|
MPX
5367
DELISTED
Marine Products Corp
MPX
| $142K | ﹤0.01% |
12,048
-9,507
| -44% | -$102K |
|
5368
Amtech Systems
ASYS
$268M
| $141K | ﹤0.01% |
26,090
+14,052
| +117% | +$63.3K |
|
|
CLPR
5369
Clipper Realty
CLPR
$45.2M
| $140K | ﹤0.01% |
29,032
-21,402
| -42% | -$106K |
|
5370
PUT
Manchester United
MANU
$3.97B
| $140K | ﹤0.01% |
10,000
-14,900
| -60% | -$263K |
|
5371
VinFast Auto
VFS
$7.28B
| $139K | ﹤0.01% |
28,042
-19,747
| -41% | -$111K |
|
|
UHGWW
5372
CALL
DELISTED
United Homes Group Warrant
UHGWW
| $139K | ﹤0.01% |
141,863
+1,446
| +1% | +$1.35K |
|
5373
Broadwind
BWEN
$93.6M
| $139K | ﹤0.01% |
58,307
-63,872
| -52% | -$157K |
|
|
DDL
5374
Dingdong
DDL
$562M
| $138K | ﹤0.01% |
112,863
+52,800
| +88% | +$68.1K |
|
5375
Globalstar
GSAT
$10.7B
| $137K | ﹤0.01% |
6,224
+2,549
| +69% | +$61.7K |
|
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.