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 | |
|---|---|---|---|---|---|---|
1351
PUT
Wolfspeed
WOLF
$1.24B
| $24.1M | 0.01% |
815,300
+699,800
| +606% | +$21.1M |
|
1352
PUT
CF Industries
CF
$19.3B
| $24M | 0.01% |
288,900
+158,000
| +121% | +$12.6M |
|
1353
PUT
BP
BP
$114B
| $24M | 0.01% |
637,400
+56,500
| +10% | +$2.03M |
|
1354
CALL
Oneok
OKE
$56.1B
| $24M | 0.01% |
299,400
-87,800
| -23% | -$6.41M |
|
|
PCH
1355
DELISTED
PotlatchDeltic
PCH
| $24M | 0.01% |
510,190
-3,204
| -0.6% | -$148K |
|
1356
Iovance Biotherapeutics
IOVA
$2.09B
| $24M | 0.01% |
1,616,861
+677,315
| +72% | +$7.88M |
|
1357
Park Hotels & Resorts
PK
$3.03B
| $23.9M | 0.01% |
1,367,025
-673,627
| -33% | -$10.9M |
|
1358
Autoliv
ALV
$9.09B
| $23.9M | 0.01% |
198,310
-602,563
| -75% | -$67.4M |
|
1359
Sanmina
SANM
$9.83B
| $23.8M | 0.01% |
383,319
-123,038
| -24% | -$7.15M |
|
1360
PUT
Union Pacific
UNP
$172B
| $23.8M | 0.01% |
96,800
-366,100
| -79% | -$90.1M |
|
1361
Live Oak Bancshares
LOB
$1.97B
| $23.8M | 0.01% |
572,658
+389,388
| +212% | +$15.5M |
|
1362
Gates Industrial Corporation Ltd.
GTES
$6.53B
| $23.7M | 0.01% |
1,340,700
-715,795
| -35% | -$10.4M |
|
1363
Provident Financial Services
PFS
$3.24B
| $23.7M | 0.01% |
1,629,481
+36,338
| +2% | +$577K |
|
1364
YPF
YPF
$20.4B
| $23.7M | 0.01% |
1,198,931
-53,787
| -4% | -$934K |
|
1365
America Movil
AMX
$76B
| $23.7M | 0.01% |
1,271,552
+1,207,614
| +1,889% | +$22.2M |
|
1366
International Paper
IP
$22.8B
| $23.7M | 0.01% |
607,928
+286,001
| +89% | +$10.4M |
|
1367
CALL
Moderna
MRNA
$23B
| $23.7M | 0.01% |
222,500
-5,800
| -3% | -$585K |
|
1368
CALL
GSK
GSK
$104B
| $23.7M | 0.01% |
552,000
+519,400
| +1,593% | +$21.4M |
|
1369
Cognizant
CTSH
$24.3B
| $23.7M | 0.01% |
322,736
-247,664
| -43% | -$18.9M |
|
1370
CALL
Cardinal Health
CAH
$53.2B
| $23.6M | 0.01% |
210,800
+5,100
| +2% | +$550K |
|
1371
CALL
Phillips 66
PSX
$84.4B
| $23.6M | 0.01% |
144,400
-150,400
| -51% | -$21.7M |
|
1372
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$23B
| $23.6M | 0.01% |
718,200
-66,200
| -8% | -$2.07M |
|
1373
Tetra Tech
TTEK
$8.31B
| $23.5M | 0.01% |
637,125
-341,295
| -35% | -$11.8M |
|
1374
TFI International
TFII
$11B
| $23.5M | 0.01% |
147,580
+41,104
| +39% | +$5.88M |
|
1375
CALL
Travelers Companies
TRV
$78.4B
| $23.5M | 0.01% |
102,200
+97,700
| +2,171% | +$20.9M |
|
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.