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 | |
|---|---|---|---|---|---|---|
1801
OneSpaWorld
OSW
$2.61B
| $13.8M | 0.01% |
1,043,471
+742,455
| +247% | +$10M |
|
1802
Warrior Met Coal
HCC
$4.19B
| $13.8M | 0.01% |
227,224
+145,063
| +177% | +$8.79M |
|
1803
Sigma Lithium
SGML
$1.11B
| $13.8M | 0.01% |
1,064,224
+1,051,687
| +8,389% | +$18.8M |
|
1804
Spire
SR
$4.72B
| $13.8M | 0.01% |
224,333
-18,649
| -8% | -$1.12M |
|
1805
VanEck Gold Miners ETF
GDX
$22.7B
| $13.8M | 0.01% |
435,153
+309,602
| +247% | +$8.8M |
|
|
ESGR
1806
DELISTED
Enstar Group
ESGR
| $13.7M | 0.01% |
+44,094
| New | +$12.6M |
|
1807
CALL
HSBC
HSBC
$365B
| $13.7M | 0.01% |
347,900
+4,100
| +1% | +$160K |
|
1808
National Fuel Gas
NFG
$7.82B
| $13.7M | 0.01% |
254,865
-505,002
| -66% | -$25M |
|
|
BRSL
1809
Brightstar Lottery PLC
BRSL
$1.84B
| $13.7M | 0.01% |
606,073
-55,376
| -8% | -$1.39M |
|
|
PRMW
1810
DELISTED
Primo Water Corporation
PRMW
| $13.7M | 0.01% |
751,277
+404,454
| +117% | +$6.37M |
|
|
CIVI
1811
DELISTED
Civitas Resources
CIVI
| $13.7M | 0.01% |
+180,080
| New | +$12M |
|
1812
CALL
Moody's
MCO
$82.8B
| $13.6M | 0.01% |
34,700
+32,200
| +1,288% | +$12.4M |
|
|
VGR
1813
DELISTED
Vector Group Ltd.
VGR
| $13.6M | 0.01% |
1,244,109
+1,126,762
| +960% | +$12.2M |
|
|
EXE
1814
CALL
Expand Energy Corp
EXE
$21.8B
| $13.6M | 0.01% |
153,200
+130,100
| +563% | +$10.4M |
|
1815
Maximus
MMS
$3.17B
| $13.6M | 0.01% |
162,185
+43,752
| +37% | +$3.6M |
|
1816
Camtek
CAMT
$6.18B
| $13.6M | 0.01% |
162,383
-44,480
| -22% | -$3.5M |
|
|
AMNB
1817
DELISTED
American National Bankshares Inc
AMNB
| $13.6M | 0.01% |
284,254
+127,441
| +81% | +$5.88M |
|
1818
CALL
JD.com
JD
$44.6B
| $13.6M | 0.01% |
495,600
-675,900
| -58% | -$16.5M |
|
1819
Ecopetrol
EC
$34.5B
| $13.6M | 0.01% |
1,145,877
+1,116,126
| +3,752% | +$12.9M |
|
1820
CALL
Labcorp
LH
$25B
| $13.6M | 0.01% |
62,100
+33,000
| +113% | +$7.27M |
|
1821
PUT
Thor Industries
THO
$3.9B
| $13.6M | 0.01% |
115,600
+99,100
| +601% | +$11.4M |
|
1822
Thomson Reuters
TRI
$42.8B
| $13.6M | 0.01% |
85,769
+55,958
| +188% | +$8.71M |
|
1823
Mirum Pharmaceuticals
MIRM
$6.46B
| $13.6M | 0.01% |
539,666
+315,290
| +141% | +$8.67M |
|
1824
Korn Ferry
KFY
$4.18B
| $13.6M | 0.01% |
206,091
-54,658
| -21% | -$3.3M |
|
1825
PUT
DuPont de Nemours
DD
$18.5B
| $13.5M | 0.01% |
140,452
-392,438
| -74% | -$34.9M |
|
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.