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 | |
|---|---|---|---|---|---|---|
1951
PUT
Southwest Airlines
LUV
$22B
| $11.7M | 0.01% |
402,500
+299,900
| +292% | +$9.28M |
|
1952
Kimco Realty
KIM
$17.2B
| $11.7M | 0.01% |
599,080
+133,167
| +29% | +$2.65M |
|
1953
East-West Bancorp
EWBC
$17.9B
| $11.7M | 0.01% |
148,414
+110,283
| +289% | +$8.07M |
|
1954
Melco Resorts & Entertainment
MLCO
$2.22B
| $11.7M | 0.01% |
1,628,421
+444,831
| +38% | +$3.57M |
|
|
FYBR
1955
PUT
DELISTED
Frontier Communications
FYBR
| $11.7M | 0.01% |
477,200
+339,300
| +246% | +$8.03M |
|
1956
Lincoln Electric
LECO
$14.2B
| $11.6M | 0.01% |
45,511
+29,720
| +188% | +$7.02M |
|
1957
CALL
iRhythm Holdings
IRTC
$3.85B
| $11.6M | 0.01% |
100,000
+85,000
| +567% | +$9.56M |
|
|
XYZ
1958
CALL
Block Inc
XYZ
$48.4B
| $11.5M | ﹤0.01% |
136,500
-14,000
| -9% | -$1.01M |
|
1959
Medifast
MED
$109M
| $11.5M | ﹤0.01% |
300,497
+257,773
| +603% | +$12.5M |
|
|
LBPH
1960
DELISTED
Longboard Pharmaceuticals, Inc. Common Stock
LBPH
| $11.5M | ﹤0.01% |
+533,035
| New | +$11.6M |
|
1961
Vontier
VNT
$4.52B
| $11.5M | ﹤0.01% |
253,713
+29,710
| +13% | +$1.16M |
|
|
BBOT
1962
BridgeBio Oncology
BBOT
$648M
| $11.5M | ﹤0.01% |
+1,105,790
| New | +$11.4M |
|
1963
Progyny
PGNY
$2.44B
| $11.5M | ﹤0.01% |
301,372
+109,976
| +57% | +$4.16M |
|
1964
Cable One
CABO
$227M
| $11.5M | ﹤0.01% |
27,161
-315
| -1% | -$155K |
|
|
ELME
1965
Elme Communities
ELME
$143M
| $11.5M | ﹤0.01% |
825,279
+604,004
| +273% | +$8.42M |
|
1966
HSBC
HSBC
$365B
| $11.5M | ﹤0.01% |
291,794
+276,444
| +1,801% | +$10.8M |
|
1967
Immunome
IMNM
$2.58B
| $11.5M | ﹤0.01% |
465,286
+429,268
| +1,192% | +$8.71M |
|
1968
Fiverr
FVRR
$321M
| $11.5M | ﹤0.01% |
544,889
-115,630
| -18% | -$2.9M |
|
|
INFN
1969
DELISTED
Infinera Corporation Common Stock
INFN
| $11.5M | ﹤0.01% |
1,902,065
+148,805
| +8% | +$747K |
|
1970
CALL
Medtronic
MDT
$109B
| $11.5M | ﹤0.01% |
131,600
-17,100
| -11% | -$1.46M |
|
1971
PUT
Crocs
CROX
$6.14B
| $11.4M | ﹤0.01% |
79,600
+68,500
| +617% | +$7.81M |
|
1972
CALL
AstraZeneca
AZN
$263B
| $11.4M | ﹤0.01% |
+84,350
| New | +$11.2M |
|
1973
UGI
UGI
$7.74B
| $11.4M | ﹤0.01% |
465,258
-789,926
| -63% | -$19M |
|
1974
CALL
HP
HPQ
$24.9B
| $11.4M | ﹤0.01% |
376,900
-176,600
| -32% | -$5.2M |
|
1975
Century Communities
CCS
$1.91B
| $11.4M | ﹤0.01% |
117,977
+88,727
| +303% | +$7.78M |
|
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.