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 | |
|---|---|---|---|---|---|---|
1851
Teekay Tankers
TNK
$2.75B
| $13.2M | 0.01% |
225,839
-327,015
| -59% | -$18.5M |
|
1852
Vestis
VSTS
$1.91B
| $13.2M | 0.01% |
684,425
+324,424
| +90% | +$6.42M |
|
|
DAY
1853
DELISTED
Dayforce
DAY
| $13.2M | 0.01% |
199,177
-74,590
| -27% | -$5.09M |
|
|
WBA
1854
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $13.2M | 0.01% |
606,900
-213,900
| -26% | -$4.75M |
|
1855
Banco Santander
SAN
$201B
| $13.1M | 0.01% |
2,714,390
-1,328,642
| -33% | -$5.55M |
|
1856
Expro Ltd
XPRO
$1.79B
| $13.1M | 0.01% |
657,733
-278,882
| -30% | -$5.01M |
|
1857
Rollins
ROL
$18.3B
| $13.1M | 0.01% |
283,567
-2,739,650
| -91% | -$121M |
|
1858
Liberty Global Class C
LBTYK
$3.53B
| $13.1M | 0.01% |
743,586
+593,223
| +395% | +$11.4M |
|
1859
Evolus
EOLS
$385M
| $13.1M | 0.01% |
936,373
-67,244
| -7% | -$874K |
|
1860
Phreesia
PHR
$663M
| $13.1M | 0.01% |
547,725
-774,024
| -59% | -$19.2M |
|
1861
CALL
Ecolab
ECL
$78.1B
| $13M | 0.01% |
56,500
+41,800
| +284% | +$8.86M |
|
1862
Tennant Co
TNC
$1.43B
| $13M | 0.01% |
107,176
-184,576
| -63% | -$18.9M |
|
|
CUK
1863
DELISTED
Carnival PLC
CUK
| $13M | 0.01% |
883,872
+199,392
| +29% | +$2.95M |
|
1864
W.R. Berkley
WRB
$26.9B
| $13M | 0.01% |
220,632
+74,070
| +51% | +$4.01M |
|
1865
Petrobras Class A
PBR.A
$111B
| $13M | 0.01% |
872,749
-1,052,257
| -55% | -$16.6M |
|
1866
CALL
Telus
TU
$14.9B
| $13M | 0.01% |
600,000
+500,000
| +500% | +$8.75M |
|
1867
SPDR Gold Trust
GLD
$131B
| $13M | 0.01% |
63,191
-745,319
| -92% | -$143M |
|
1868
PUT
Sprott Uranium Miners ETF
URNM
$1.76B
| $13M | 0.01% |
263,300
+88,300
| +50% | +$4.51M |
|
1869
PUT
Sony
SONY
$137B
| $13M | 0.01% |
+756,500
| New | +$13.9M |
|
1870
Lithia Motors
LAD
$8.47B
| $13M | 0.01% |
43,091
+15,303
| +55% | +$4.52M |
|
1871
PUT
First Solar
FSLR
$22.7B
| $13M | 0.01% |
76,800
-174,300
| -69% | -$26.8M |
|
1872
Amcor
AMCR
$20.8B
| $12.9M | 0.01% |
271,954
-1,572,943
| -85% | -$73.6M |
|
|
MTAL
1873
DELISTED
Metals Acquisition
MTAL
| $12.9M | 0.01% |
1,005,173
+33,159
| +3% | +$406K |
|
1874
Canadian National Railway
CNI
$76.9B
| $12.9M | 0.01% |
98,074
+34,629
| +55% | +$4.43M |
|
1875
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.55B
| $12.9M | 0.01% |
325,702
+289,022
| +788% | +$11.2M |
|
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.