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 | |
|---|---|---|---|---|---|---|
|
WW
926
DELISTED
WW International
WW
| $40.7M | 0.02% |
4,647,174
-954,816
| -17% | -$8.11M |
|
927
STMicroelectronics
STM
$47.3B
| $40.6M | 0.02% |
810,850
-171,339
| -17% | -$7.67M |
|
928
CALL
Automatic Data Processing
ADP
$105B
| $40.6M | 0.02% |
174,300
-4,700
| -3% | -$1.1M |
|
929
Performance Food Group
PFGC
$18B
| $40.6M | 0.02% |
587,158
-295,433
| -33% | -$18.2M |
|
930
Uber
UBER
$143B
| $40.4M | 0.02% |
656,486
-3,394,956
| -84% | -$178M |
|
931
EOG Resources
EOG
$77.5B
| $40.4M | 0.02% |
333,622
+166,575
| +100% | +$20.7M |
|
|
HCP
932
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $40.3M | 0.02% |
1,704,659
-798,855
| -32% | -$17.3M |
|
|
SCRM
933
DELISTED
Screaming Eagle Acquisition Corp. Class A Ordinary Shares
SCRM
| $40.3M | 0.02% |
3,801,423
+22,838
| +0.6% | +$240K |
|
934
Extreme Networks
EXTR
$3.9B
| $40.3M | 0.02% |
2,282,649
-338,519
| -13% | -$6.4M |
|
935
Novartis
NVS
$301B
| $40.2M | 0.02% |
398,300
+362,552
| +1,014% | +$35M |
|
936
Grab
GRAB
$13.9B
| $40.2M | 0.02% |
11,931,117
+8,368,394
| +235% | +$27.1M |
|
937
PUT
Paycom
PAYC
$7.53B
| $40.2M | 0.02% |
194,400
-228,500
| -54% | -$48.3M |
|
938
Cisco
CSCO
$448B
| $39.9M | 0.02% |
790,532
-1,066,342
| -57% | -$54.5M |
|
939
FMC
FMC
$1.48B
| $39.9M | 0.02% |
633,305
-984,738
| -61% | -$57.1M |
|
940
Ventas
VTR
$44.7B
| $39.9M | 0.02% |
799,727
+249,416
| +45% | +$11.2M |
|
941
CALL
Blackstone
BX
$102B
| $39.9M | 0.02% |
304,400
+86,500
| +40% | +$9.36M |
|
942
CALL
Datadog
DDOG
$95.6B
| $39.8M | 0.02% |
328,100
+203,400
| +163% | +$21M |
|
943
Dick's Sporting Goods
DKS
$17.9B
| $39.7M | 0.02% |
269,934
+128,250
| +91% | +$15.6M |
|
944
Broadstone Net Lease
BNL
$4.12B
| $39.6M | 0.02% |
2,297,500
+1,135,775
| +98% | +$17.5M |
|
945
Janus International
JBI
$694M
| $39.4M | 0.02% |
3,019,871
-588,040
| -16% | -$6.25M |
|
946
CALL
Phillips 66
PSX
$84.4B
| $39.2M | 0.02% |
294,800
+53,300
| +22% | +$6.37M |
|
947
Abbott
ABT
$183B
| $39.2M | 0.02% |
356,519
-833,692
| -70% | -$83.3M |
|
948
Kinross Gold
KGC
$28.2B
| $39.1M | 0.02% |
6,462,699
+2,238,213
| +53% | +$12.2M |
|
|
MRSH
949
Marsh
MRSH
$91.4B
| $39.1M | 0.02% |
206,231
-456,566
| -69% | -$88.2M |
|
950
Genpact
G
$5.99B
| $39M | 0.02% |
1,124,083
+753,940
| +204% | +$26M |
|
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.