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 | |
|---|---|---|---|---|---|---|
|
DX
1501
Dynex Capital
DX
$3.13B
| $19.8M | 0.01% |
1,589,377
+1,499,978
| +1,678% | +$18.6M |
|
1502
Century Aluminum
CENX
$4.43B
| $19.8M | 0.01% |
1,285,188
+576,897
| +81% | +$6.48M |
|
1503
Caesars Entertainment
CZR
$6.05B
| $19.7M | 0.01% |
451,336
+160,410
| +55% | +$6.94M |
|
|
WBA
1504
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $19.7M | 0.01% |
910,100
+698,600
| +330% | +$15.5M |
|
1505
Diebold Nixdorf
DBD
$2.54B
| $19.7M | 0.01% |
+573,149
| New | +$18.4M |
|
1506
Element Solutions
ESI
$8.98B
| $19.7M | 0.01% |
790,095
+63,020
| +9% | +$1.47M |
|
1507
Realty Income
O
$59.5B
| $19.7M | 0.01% |
364,510
-507,406
| -58% | -$27.5M |
|
1508
Reynolds Consumer Products
REYN
$5.34B
| $19.7M | 0.01% |
690,359
+538,858
| +356% | +$15.2M |
|
1509
Nordson
NDSN
$16.6B
| $19.7M | 0.01% |
71,688
+39,137
| +120% | +$10.2M |
|
1510
PUT
MongoDB
MDB
$26.6B
| $19.7M | 0.01% |
54,800
+2,600
| +5% | +$1.06M |
|
1511
PUT
Medtronic
MDT
$109B
| $19.6M | 0.01% |
225,100
-151,800
| -40% | -$13M |
|
1512
PUT
Vistra
VST
$49.8B
| $19.6M | 0.01% |
281,300
-205,800
| -42% | -$10.2M |
|
1513
Dana Inc
DAN
$2.85B
| $19.6M | 0.01% |
1,542,057
+1,496,318
| +3,271% | +$19.4M |
|
|
ITCI
1514
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $19.6M | 0.01% |
282,744
-90,761
| -24% | -$6.24M |
|
1515
PUT
W.W. Grainger
GWW
$65.3B
| $19.5M | 0.01% |
19,200
+1,800
| +10% | +$1.68M |
|
1516
Doximity
DOCS
$3.76B
| $19.5M | 0.01% |
725,026
+582,147
| +407% | +$16.6M |
|
1517
ArcBest
ARCB
$3.24B
| $19.5M | 0.01% |
136,896
+34,904
| +34% | +$4.57M |
|
1518
Sylvamo
SLVM
$1.48B
| $19.4M | 0.01% |
314,584
+170,170
| +118% | +$9.1M |
|
1519
CALL
Northrop Grumman
NOC
$76.5B
| $19.4M | 0.01% |
40,500
+5,600
| +16% | +$2.58M |
|
1520
CALL
Autodesk
ADSK
$49.2B
| $19.3M | 0.01% |
74,200
-19,700
| -21% | -$4.98M |
|
1521
Hexcel
HXL
$7.75B
| $19.3M | 0.01% |
265,196
+66,858
| +34% | +$4.81M |
|
1522
iShares Expanded Tech-Software Sector ETF
IGV
$12.6B
| $19.3M | 0.01% |
226,487
+103,162
| +84% | +$8.71M |
|
1523
Guidewire Software
GWRE
$12.8B
| $19.3M | 0.01% |
165,470
-189,903
| -53% | -$21.7M |
|
1524
PUT
Rivian
RIVN
$22.1B
| $19.3M | 0.01% |
1,762,900
+425,700
| +32% | +$6.14M |
|
1525
Wipro
WIT
$19.5B
| $19.3M | 0.01% |
6,709,408
+2,726,498
| +68% | +$8.04M |
|
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.