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 | |
|---|---|---|---|---|---|---|
|
LSXMK
676
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $62.7M | 0.03% |
2,110,951
+355,527
| +20% | +$10.7M |
|
677
Cardinal Health
CAH
$53.7B
| $62.7M | 0.03% |
560,306
-400,235
| -42% | -$43.2M |
|
678
Valero Energy
VLO
$89.5B
| $62.7M | 0.03% |
367,252
-524,709
| -59% | -$75.2M |
|
679
Freshpet
FRPT
$3.04B
| $62.5M | 0.03% |
539,460
+435,771
| +420% | +$42.1M |
|
680
PUT
Cigna
CI
$78.4B
| $62.4M | 0.03% |
171,800
-37,900
| -18% | -$12.5M |
|
|
CERE
681
DELISTED
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
| $62.3M | 0.03% |
1,472,823
+361,711
| +33% | +$15.2M |
|
682
Paycom
PAYC
$7.88B
| $62M | 0.03% |
311,489
+132,194
| +74% | +$25.3M |
|
683
CALL
Freeport-McMoran
FCX
$86.2B
| $61.8M | 0.03% |
1,313,400
+182,400
| +16% | +$7.36M |
|
684
CareTrust REIT
CTRE
$10B
| $61.5M | 0.03% |
2,524,996
+205,087
| +9% | +$4.63M |
|
685
Webster Financial
WBS
$12.3B
| $61M | 0.03% |
1,201,296
-826,338
| -41% | -$40.4M |
|
686
CALL
ASML
ASML
$596B
| $60.8M | 0.03% |
62,700
+50,200
| +402% | +$44.5M |
|
687
UDR
UDR
$12.8B
| $60.8M | 0.03% |
1,625,054
-1,524,113
| -48% | -$56.1M |
|
688
Cboe Global Markets
CBOE
$32.2B
| $60.7M | 0.03% |
330,528
+63,121
| +24% | +$11.6M |
|
689
Performance Food Group
PFGC
$18.3B
| $60.7M | 0.03% |
813,466
+226,308
| +39% | +$16.7M |
|
690
PUT
Boston Scientific
BSX
$68.4B
| $60.6M | 0.03% |
885,100
-911,700
| -51% | -$58.6M |
|
691
Shopify
SHOP
$168B
| $60.5M | 0.03% |
784,043
-98,274
| -11% | -$7.76M |
|
|
SPR
692
DELISTED
Spirit AeroSystems
SPR
| $60.4M | 0.03% |
1,674,188
+155,439
| +10% | +$4.71M |
|
693
Churchill Downs
CHDN
$6.17B
| $60.3M | 0.03% |
487,530
+218,756
| +81% | +$26.4M |
|
694
CALL
Thermo Fisher Scientific
TMO
$214B
| $60.3M | 0.03% |
103,800
-61,500
| -37% | -$34.5M |
|
695
PUT
Enbridge
ENB
$120B
| $60.3M | 0.03% |
1,232,100
-1,036,900
| -46% | -$36.8M |
|
696
On Holding
ONON
$12.6B
| $60.1M | 0.03% |
1,700,024
+548,071
| +48% | +$16.7M |
|
697
CMS Energy
CMS
$23.3B
| $59.6M | 0.03% |
988,533
-429,592
| -30% | -$24.9M |
|
698
Global E Online
GLBE
$6.76B
| $59.5M | 0.03% |
1,637,391
+706,257
| +76% | +$26.2M |
|
699
HubSpot
HUBS
$12.9B
| $59.5M | 0.03% |
94,898
+47,194
| +99% | +$28.4M |
|
|
LSXMA
700
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $59.2M | 0.03% |
1,994,139
-1,091,678
| -35% | -$32.8M |
|
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.