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 | |
|---|---|---|---|---|---|---|
1901
CALL
Old Dominion Freight Line
ODFL
$44.1B
| $12.5M | 0.01% |
56,800
+47,200
| +492% | +$9.84M |
|
|
PINC
1902
DELISTED
Premier
PINC
| $12.5M | 0.01% |
563,494
+244,220
| +76% | +$5.28M |
|
1903
Stantec
STN
$8.04B
| $12.4M | 0.01% |
149,649
+113,527
| +314% | +$9.33M |
|
1904
MediaAlpha
MAX
$758M
| $12.4M | 0.01% |
609,782
-194,230
| -24% | -$3.1M |
|
1905
Crinetics Pharmaceuticals
CRNX
$8.84B
| $12.4M | 0.01% |
265,011
-108,618
| -29% | -$4.25M |
|
1906
Hawaiian Electric Industries
HE
$2.23B
| $12.4M | 0.01% |
1,099,115
-548,912
| -33% | -$6.98M |
|
1907
CALL
Arthur J. Gallagher & Co
AJG
$64.1B
| $12.4M | 0.01% |
49,500
+500
| +1% | +$120K |
|
1908
Goosehead Insurance
GSHD
$2.2B
| $12.3M | 0.01% |
185,367
+170,247
| +1,126% | +$13M |
|
|
MRC
1909
DELISTED
MRC Global
MRC
| $12.3M | 0.01% |
981,095
+793,675
| +423% | +$8.98M |
|
1910
Enanta Pharmaceuticals
ENTA
$366M
| $12.3M | 0.01% |
706,248
-58,893
| -8% | -$779K |
|
1911
Cipher Digital
CIFR
$9.13B
| $12.3M | 0.01% |
2,392,703
+1,541,034
| +181% | +$5.34M |
|
1912
Cousins Properties
CUZ
$5.19B
| $12.3M | 0.01% |
512,246
+253,151
| +98% | +$5.9M |
|
1913
PUT
American Tower
AMT
$80.8B
| $12.3M | 0.01% |
62,300
+49,200
| +376% | +$9.8M |
|
1914
Ginkgo Bioworks
DNA
$528M
| $12.3M | 0.01% |
264,378
+32,718
| +14% | +$1.69M |
|
1915
CALL
Western Digital
WDC
$188B
| $12.2M | 0.01% |
236,949
-433,812
| -65% | -$19M |
|
1916
Bausch Health
BHC
$2.58B
| $12.2M | 0.01% |
1,150,738
+483,918
| +73% | +$4.23M |
|
1917
Grupo Cibest SA
CIB
$22B
| $12.2M | 0.01% |
356,501
-8,480
| -2% | -$275K |
|
1918
Smith & Nephew
SNN
$13.3B
| $12.2M | 0.01% |
481,013
+137,740
| +40% | +$3.78M |
|
1919
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
| $12.2M | 0.01% |
159,700
-252,100
| -61% | -$18.6M |
|
1920
Franklin Electric
FELE
$4.63B
| $12.2M | 0.01% |
113,984
-76,156
| -40% | -$7.52M |
|
1921
CALL
CoStar Group
CSGP
$11.7B
| $12.1M | 0.01% |
125,500
+121,400
| +2,961% | +$10.5M |
|
1922
Spyre Therapeutics
SYRE
$8.54B
| $12.1M | 0.01% |
319,563
+211,077
| +195% | +$6.12M |
|
1923
MACOM Technology Solutions
MTSI
$19.2B
| $12.1M | 0.01% |
126,506
+96,400
| +320% | +$8.52M |
|
1924
Red Rock Resorts
RRR
$3.77B
| $12.1M | 0.01% |
202,198
+195,557
| +2,945% | +$10.8M |
|
1925
PUT
Alcoa
AA
$11.9B
| $12.1M | 0.01% |
357,700
+111,600
| +45% | +$3.26M |
|
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.