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 | |
|---|---|---|---|---|---|---|
1401
InvenTrust Properties
IVT
$2.74B
| $22.5M | 0.01% |
876,629
-220,924
| -20% | -$5.56M |
|
1402
Krispy Kreme
DNUT
$553M
| $22.5M | 0.01% |
+1,478,881
| New | +$19.7M |
|
|
TERN
1403
DELISTED
Terns Pharmaceuticals
TERN
| $22.5M | 0.01% |
3,432,792
+1,444,151
| +73% | +$9.43M |
|
1404
Banc of California
BANC
$2.98B
| $22.5M | 0.01% |
1,479,993
+570,813
| +63% | +$7.94M |
|
1405
AMN Healthcare
AMN
$1.35B
| $22.5M | 0.01% |
359,598
+75,552
| +27% | +$5.14M |
|
1406
Dollar General
DG
$28.1B
| $22.4M | 0.01% |
143,767
-413,287
| -74% | -$58.8M |
|
1407
WIX.com
WIX
$2.37B
| $22.4M | 0.01% |
163,130
-234,222
| -59% | -$30.8M |
|
1408
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $22.4M | 0.01% |
+250,000
| New | +$22M |
|
1409
Braze
BRZE
$2.82B
| $22.4M | 0.01% |
505,858
+187,476
| +59% | +$10.1M |
|
1410
NewAmsterdam Pharma
NAMS
$3.33B
| $22.4M | 0.01% |
947,527
-378,576
| -29% | -$7.68M |
|
1411
Keros Therapeutics
KROS
$202M
| $22.4M | 0.01% |
337,663
-184,465
| -35% | -$10.9M |
|
1412
Manulife Financial
MFC
$74B
| $22.3M | 0.01% |
894,312
+355,715
| +66% | +$8.17M |
|
|
EVBG
1413
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $22.3M | 0.01% |
+639,294
| New | +$18M |
|
1414
NXP Semiconductors
NXPI
$61.8B
| $22.2M | 0.01% |
89,746
-1,095,952
| -92% | -$253M |
|
1415
Equitable Holdings
EQH
$13.3B
| $22.2M | 0.01% |
584,746
+357,192
| +157% | +$12.1M |
|
1416
RB Global
RBA
$20.5B
| $22.2M | 0.01% |
291,731
-52,263
| -15% | -$3.65M |
|
|
THS
1417
DELISTED
Treehouse Foods
THS
| $22.2M | 0.01% |
570,469
+553,747
| +3,311% | +$21.9M |
|
1418
Steel Dynamics
STLD
$36.2B
| $22.2M | 0.01% |
149,830
-749,558
| -83% | -$94.2M |
|
1419
Unity
U
$14.6B
| $22.2M | 0.01% |
830,710
+546,493
| +192% | +$17.2M |
|
1420
iShares MSCI Brazil ETF
EWZ
$9.25B
| $22.2M | 0.01% |
683,628
+430,856
| +170% | +$14.3M |
|
1421
BCE
BCE
$20.2B
| $22.1M | 0.01% |
651,848
+6,523
| +1% | +$248K |
|
1422
CALL
Illinois Tool Works
ITW
$81.6B
| $22.1M | 0.01% |
82,500
+76,900
| +1,373% | +$20M |
|
1423
PUT
Becton Dickinson
BDX
$45.6B
| $22.1M | 0.01% |
89,300
-122,300
| -58% | -$29.3M |
|
1424
PUT
EQT Corp
EQT
$33B
| $22M | 0.01% |
594,800
-679,000
| -53% | -$24.3M |
|
|
GTY
1425
Getty Realty Corp
GTY
$2.12B
| $22M | 0.01% |
803,623
-267,823
| -25% | -$7.36M |
|
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.