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 | Miscellaneous | 55.03% |
| 2 | Technology | 8.55% |
| 3 | Healthcare | 6.96% |
| 4 | Financials | 6.02% |
| 5 | Industrials | 5.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PUT
Mastercard
MA
$503B
| $385M | 0.16% |
799,800
-63,500
| -7% | -$29M |
|
77
Intuitive Surgical
ISRG
$134B
| $385M | 0.16% |
964,478
-259,061
| -21% | -$97.9M |
|
78
PUT
Qualcomm
QCOM
$192B
| $374M | 0.16% |
2,210,200
-747,500
| -25% | -$116M |
|
79
PUT
Goldman Sachs
GS
$288B
| $372M | 0.16% |
891,200
-195,900
| -18% | -$76M |
|
80
Elevance Health
ELV
$92B
| $370M | 0.16% |
714,506
-43,481
| -6% | -$21.6M |
|
81
Target
TGT
$72.1B
| $365M | 0.16% |
2,061,061
+1,139,074
| +124% | +$173M |
|
82
Datadog
DDOG
$82.6B
| $365M | 0.16% |
2,953,427
+2,076,411
| +237% | +$261M |
|
83
McKesson
MCK
$106B
| $363M | 0.16% |
676,177
+87,246
| +15% | +$44.3M |
|
|
84
PUT
Adobe
ADBE
$106B
| $361M | 0.15% |
714,700
+114,600
| +19% | +$65.7M |
|
85
General Motors
GM
$76.5B
| $359M | 0.15% |
7,907,578
-242,582
| -3% | -$9.4M |
|
86
AT&T
T
$182B
| $355M | 0.15% |
20,144,574
-2,509,048
| -11% | -$42.8M |
|
|
SCHW
87
Charles Schwab
SCHW
$186B
| $350M | 0.15% |
4,839,229
+3,989,756
| +470% | +$263M |
|
88
Shell
SHEL
$276B
| $345M | 0.15% |
5,145,522
+900,307
| +21% | +$57.7M |
|
89
BP
BP
$118B
| $344M | 0.15% |
9,130,245
+1,494,444
| +20% | +$53.6M |
|
90
PUT
UnitedHealth
UNH
$344B
| $343M | 0.15% |
692,800
-93,600
| -12% | -$47.6M |
|
91
PUT
Citigroup
C
$228B
| $340M | 0.15% |
5,369,200
+1,682,500
| +46% | +$93.6M |
|
92
Nasdaq
NDAQ
$51.2B
| $336M | 0.14% |
5,322,299
-604,116
| -10% | -$35M |
|
93
Netflix
NFLX
$334B
| $334M | 0.14% |
5,506,370
+724,210
| +15% | +$40.8M |
|
94
PUT
Eli Lilly
LLY
$1.01T
| $331M | 0.14% |
425,600
+28,800
| +7% | +$20.5M |
|
95
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.31B
| $330M | 0.14% |
6,571,600
-2,823,500
| -30% | -$139M |
|
96
Western Digital
WDC
$154B
| $326M | 0.14% |
6,313,627
-7,556,071
| -54% | -$331M |
|
97
PUT
State Street Financial Select Sector SPDR ETF
XLF
$54.5B
| $323M | 0.14% |
7,680,000
-2,744,200
| -26% | -$108M |
|
98
PUT
Berkshire Hathaway Class B
BRK.B
$1.1T
| $322M | 0.14% |
766,900
-224,000
| -23% | -$88.1M |
|
99
CALL
ExxonMobil
XOM
$679B
| $322M | 0.14% |
2,766,100
-184,400
| -6% | -$19.3M |
|
100
Intel
INTC
$514B
| $319M | 0.14% |
7,228,206
+413,507
| +6% | +$18.4M |
|
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's Q1 2024 filing shows 858 new, 2,292 increased, 2,484 reduced and 745 closed positions. Its largest new stake was iShares Bitcoin Trust: 20,859,447 shares worth $844M. The largest sale was iShares Core S&P 500 ETF, an estimated $4.33B.
By sector, the portfolio is most concentrated in Miscellaneous at 55% of assets, down from 59% a quarter earlier, followed by Technology and Healthcare.
- 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.