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 | |
|---|---|---|---|---|---|---|
1601
PUT
eBay
EBAY
$50.6B
| $17.4M | 0.01% |
330,500
-35,700
| -10% | -$1.62M |
|
1602
Immunocore
IMCR
$1.72B
| $17.4M | 0.01% |
267,787
+207,789
| +346% | +$14.3M |
|
1603
MGIC Investment
MTG
$6.16B
| $17.4M | 0.01% |
778,287
-125,745
| -14% | -$2.51M |
|
1604
PUT
Las Vegas Sands
LVS
$31.7B
| $17.4M | 0.01% |
335,900
+40,400
| +14% | +$2.08M |
|
1605
CALL
Encompass Health
EHC
$11B
| $17.3M | 0.01% |
+210,000
| New | +$15.4M |
|
1606
PUT
The Mosaic Company
MOS
$7.03B
| $17.3M | 0.01% |
534,100
-296,800
| -36% | -$9.45M |
|
1607
ESAB
ESAB
$5.38B
| $17.3M | 0.01% |
156,696
-113,696
| -42% | -$10.6M |
|
1608
CALL
Suncor Energy
SU
$79.4B
| $17.3M | 0.01% |
346,800
+200
| +0.1% | +$6.73K |
|
1609
BioNTech
BNTX
$22.9B
| $17.3M | 0.01% |
187,644
+21,691
| +13% | +$2.08M |
|
1610
Extreme Networks
EXTR
$3.94B
| $17.3M | 0.01% |
1,497,809
-784,840
| -34% | -$10.7M |
|
1611
Kyverna Therapeutics
KYTX
$444M
| $17.3M | 0.01% |
+695,094
| New | +$19.4M |
|
|
NWLI
1612
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $17.3M | 0.01% |
35,085
+18,184
| +108% | +$8.82M |
|
1613
Frontier Group Holdings
ULCC
$1.55B
| $17.2M | 0.01% |
2,125,375
-179,405
| -8% | -$1.16M |
|
1614
SPS Commerce
SPSC
$2.69B
| $17.2M | 0.01% |
92,991
+87,334
| +1,544% | +$16.1M |
|
1615
CALL
CSX Corp
CSX
$93.4B
| $17.2M | 0.01% |
463,500
+290,000
| +167% | +$10.6M |
|
1616
CALL
Etsy
ETSY
$7.75B
| $17.2M | 0.01% |
249,900
-9,300
| -4% | -$667K |
|
1617
CALL
Monster Beverage
MNST
$94.3B
| $17.2M | 0.01% |
289,600
-19,500
| -6% | -$1.12M |
|
1618
InterContinental Hotels
IHG
$24.1B
| $17.1M | 0.01% |
162,109
+121,228
| +297% | +$12.2M |
|
|
SRDX
1619
DELISTED
Surmodics
SRDX
| $17.1M | 0.01% |
583,027
-88,524
| -13% | -$2.82M |
|
|
HES
1620
CALL
DELISTED
Hess
HES
| $17M | 0.01% |
111,700
-66,900
| -37% | -$9.72M |
|
1621
Hanover Insurance
THG
$8.1B
| $17M | 0.01% |
125,024
-20,485
| -14% | -$2.66M |
|
1622
Hess Midstream
HESM
$5.24B
| $17M | 0.01% |
470,153
-230,243
| -33% | -$7.78M |
|
1623
Travere Therapeutics
TVTX
$5.2B
| $17M | 0.01% |
2,201,929
+907,343
| +70% | +$7.65M |
|
|
MRO
1624
PUT
DELISTED
Marathon Oil Corporation
MRO
| $17M | 0.01% |
598,900
+900
| +0.2% | +$21.7K |
|
1625
CALL
LyondellBasell Industries
LYB
$20B
| $17M | 0.01% |
165,900
-60,900
| -27% | -$5.93M |
|
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.