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 | |
|---|---|---|---|---|---|---|
1051
PUT
Canadian Imperial Bank of Commerce
CM
$108B
| $34.4M | 0.01% |
501,600
-99,400
| -17% | -$4.69M |
|
1052
Power Integrations
POWI
$3.39B
| $34.4M | 0.01% |
480,569
-140,791
| -23% | -$10.5M |
|
1053
Baidu
BIDU
$36.5B
| $34.3M | 0.01% |
326,107
-194,350
| -37% | -$20.7M |
|
|
FUSN
1054
DELISTED
Fusion Pharmaceuticals Inc. Common Shares
FUSN
| $34.3M | 0.01% |
1,608,882
+1,030,780
| +178% | +$12.3M |
|
1055
CALL
Blackrock
BLK
$170B
| $34.3M | 0.01% |
41,100
-10,600
| -21% | -$8.52M |
|
1056
Pilgrim's Pride
PPC
$6.98B
| $34.2M | 0.01% |
996,157
-184,230
| -16% | -$5.53M |
|
1057
CALL
Duke Energy
DUK
$98.4B
| $34.2M | 0.01% |
353,400
+57,600
| +19% | +$5.46M |
|
1058
Baytex Energy
BTE
$3.04B
| $34.1M | 0.01% |
9,418,024
-1,040,858
| -10% | -$3.37M |
|
1059
Camping World
CWH
$400M
| $34.1M | 0.01% |
+1,225,921
| New | +$31.6M |
|
1060
Essential Utilities
WTRG
$11.4B
| $34.1M | 0.01% |
919,759
+478,870
| +109% | +$17.4M |
|
1061
Brown & Brown
BRO
$23.7B
| $34.1M | 0.01% |
389,180
-628,073
| -62% | -$50.5M |
|
|
DJTWW
1062
CALL
Trump Media & Technology Group Warrants
DJTWW
$833M
| $34.1M | 0.01% |
1,242,766
| – | – |
|
1063
First Interstate BancSystem
FIBK
$3.74B
| $34M | 0.01% |
1,248,539
-261,048
| -17% | -$7.13M |
|
1064
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $33.9M | 0.01% |
311,173
+230,089
| +284% | +$25M |
|
1065
CALL
Kraft Heinz
KHC
$31.3B
| $33.9M | 0.01% |
918,500
+153,700
| +20% | +$5.58M |
|
1066
CALL
Centene
CNC
$30.1B
| $33.8M | 0.01% |
430,900
+83,300
| +24% | +$6.43M |
|
1067
Kinross Gold
KGC
$28.2B
| $33.8M | 0.01% |
5,507,387
-955,312
| -15% | -$5.2M |
|
1068
PUT
AT&T
T
$159B
| $33.8M | 0.01% |
1,918,100
-403,600
| -17% | -$6.89M |
|
1069
CALL
American Express
AXP
$228B
| $33.7M | 0.01% |
148,200
-177,600
| -55% | -$36.8M |
|
1070
Loews
L
$23.9B
| $33.7M | 0.01% |
430,521
+337,350
| +362% | +$24.9M |
|
1071
Cannae Holdings
CNNE
$646M
| $33.7M | 0.01% |
1,515,245
+1,466,441
| +3,005% | +$31M |
|
1072
PUT
Expedia Group
EXPE
$35.2B
| $33.7M | 0.01% |
244,500
-340,200
| -58% | -$48.4M |
|
1073
Griffon
GFF
$4.03B
| $33.7M | 0.01% |
459,213
-331,741
| -42% | -$21.7M |
|
1074
BioLife Solutions
BLFS
$1.55B
| $33.6M | 0.01% |
1,813,050
-499,600
| -22% | -$8.74M |
|
1075
PUT
Johnson Controls International
JCI
$87.8B
| $33.6M | 0.01% |
514,200
+456,400
| +790% | +$26.6M |
|
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.