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 | |
|---|---|---|---|---|---|---|
5376
PUT
Pyxis Oncology
PYXS
$168M
| $136K | ﹤0.01% |
+32,000
| New | +$135K |
|
5377
American Battery Technology Co
ABAT
$285M
| $136K | ﹤0.01% |
77,794
+45,924
| +144% | +$117K |
|
5378
Hydrofarm Holdings
HYFM
$2.57M
| $135K | ﹤0.01% |
12,534
-6,337
| -34% | -$57.8K |
|
5379
Security National Financial
SNFCA
$244M
| $133K | ﹤0.01% |
19,508
-13,046
| -40% | -$92K |
|
5380
Stem
STEM
$48.4M
| $133K | ﹤0.01% |
3,040
-4,224
| -58% | -$235K |
|
5381
First Guaranty Bancshares
FGBI
$159M
| $133K | ﹤0.01% |
13,112
-3,396
| -21% | -$38.8K |
|
5382
CEL-SCI Corp
CVM
$20.3M
| $133K | ﹤0.01% |
+2,323
| New | +$164K |
|
5383
Journey Medical
DERM
$175M
| $133K | ﹤0.01% |
36,117
-38,914
| -52% | -$169K |
|
5384
TMC The Metals Company
TMC
$1.54B
| $132K | ﹤0.01% |
+92,653
| New | +$129K |
|
5385
BGSF Inc
BGSF
$59.5M
| $132K | ﹤0.01% |
12,693
-7,141
| -36% | -$71.1K |
|
|
HYZN
5386
DELISTED
Hyzon Motors Inc. Class A Common Stock
HYZN
| $131K | ﹤0.01% |
3,566
-777
| -18% | -$26.7K |
|
|
VINC
5387
DELISTED
Vincerx Pharma, Inc. Common Stock
VINC
| $131K | ﹤0.01% |
1,297
-426
| -25% | -$26.9K |
|
5388
Monopar Therapeutics
MNPR
$726M
| $131K | ﹤0.01% |
38,476
+32,608
| +556% | +$97.2K |
|
5389
DHT Holdings
DHT
$2.99B
| $131K | ﹤0.01% |
11,372
-392
| -3% | -$4.3K |
|
5390
CALL
Melco Resorts & Entertainment
MLCO
$2.22B
| $131K | ﹤0.01% |
18,100
-441,900
| -96% | -$3.55M |
|
|
CKPT
5391
DELISTED
Checkpoint Therapeutics
CKPT
| $130K | ﹤0.01% |
63,433
+51,512
| +432% | +$103K |
|
|
EEX
5392
DELISTED
Emerald Holding
EEX
| $129K | ﹤0.01% |
19,005
+5,283
| +39% | +$32.6K |
|
|
VFSWW
5393
CALL
VinFast Auto Ltd Warrant
VFSWW
| $129K | ﹤0.01% |
183,850
| – | – |
|
|
LFT
5394
Lument Finance Trust
LFT
$34.6M
| $129K | ﹤0.01% |
51,651
+23,830
| +86% | +$56.1K |
|
5395
InfuSystem Holdings
INFU
$184M
| $128K | ﹤0.01% |
+14,885
| New | +$140K |
|
5396
BioXcel Therapeutics
BTAI
$24.9M
| $127K | ﹤0.01% |
2,820
-2,677
| -49% | -$128K |
|
5397
China Yuchai International
CYD
$1.77B
| $126K | ﹤0.01% |
14,825
-13,059
| -47% | -$113K |
|
|
NMG
5398
Nouveau Monde Graphite
NMG
$428M
| $126K | ﹤0.01% |
55,190
+41,703
| +309% | +$97.3K |
|
5399
CALL
Enovix
ENVX
$892M
| $126K | ﹤0.01% |
+17,943
| New | +$156K |
|
5400
Novavax
NVAX
$1.2B
| $125K | ﹤0.01% |
26,228
-394,198
| -94% | -$1.83M |
|
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.