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 | |
|---|---|---|---|---|---|---|
1976
CALL
Peabody Energy
BTU
$2.6B
| $11.4M | ﹤0.01% |
469,200
-430,900
| -48% | -$10.8M |
|
|
NVRO
1977
DELISTED
NEVRO CORP.
NVRO
| $11.4M | ﹤0.01% |
787,969
-82,111
| -9% | -$1.36M |
|
1978
Sweetgreen
SG
$766M
| $11.4M | ﹤0.01% |
449,664
-1,161,674
| -72% | -$16.9M |
|
1979
CALL
Ascendis Pharma A/S
ASND
$16B
| $11.3M | ﹤0.01% |
+75,000
| New | +$10.7M |
|
1980
Steven Madden
SHOO
$3.37B
| $11.3M | ﹤0.01% |
267,909
+188,264
| +236% | +$7.94M |
|
|
NVO
1981
CALL
Novo Nordisk
NVO
$208B
| $11.3M | ﹤0.01% |
88,200
-111,800
| -56% | -$13.3M |
|
1982
ADMA Biologics
ADMA
$1.96B
| $11.3M | ﹤0.01% |
1,710,021
-1,741,846
| -50% | -$9.52M |
|
1983
Perion Network
PERI
$375M
| $11.3M | ﹤0.01% |
501,250
-146,489
| -23% | -$3.73M |
|
|
HLVX
1984
DELISTED
HilleVax
HLVX
| $11.3M | ﹤0.01% |
+676,566
| New | +$10.8M |
|
|
DFS
1985
CALL
DELISTED
Discover Financial Services
DFS
| $11.2M | ﹤0.01% |
85,600
-173,800
| -67% | -$19.9M |
|
1986
Verra Mobility
VRRM
$804M
| $11.2M | ﹤0.01% |
449,378
+366,966
| +445% | +$8.35M |
|
1987
CALL
Snap
SNAP
$7.89B
| $11.2M | ﹤0.01% |
976,800
+256,100
| +36% | +$3.43M |
|
1988
PUT
Scorpio Tankers
STNG
$3.9B
| $11.2M | ﹤0.01% |
156,700
-117,300
| -43% | -$7.94M |
|
1989
CALL
AT&T
T
$159B
| $11.2M | ﹤0.01% |
637,000
-1,883,900
| -75% | -$32.2M |
|
1990
EastGroup Properties
EGP
$11.2B
| $11.2M | ﹤0.01% |
62,345
-121,026
| -66% | -$21.8M |
|
1991
B2Gold
BTG
$5B
| $11.2M | ﹤0.01% |
4,282,089
+3,120,893
| +269% | +$8.43M |
|
1992
Vesta Real Estate
VTMX
$3.2B
| $11.2M | ﹤0.01% |
284,915
+107,251
| +60% | +$4.01M |
|
1993
Chemed
CHE
$7.07B
| $11.2M | ﹤0.01% |
17,370
-27,512
| -61% | -$16.7M |
|
1994
Varex Imaging
VREX
$472M
| $11.1M | ﹤0.01% |
615,442
-241,856
| -28% | -$4.44M |
|
1995
PUT
State Street SPDR S&P Retail ETF
XRT
$449M
| $11.1M | ﹤0.01% |
140,900
-800
| -0.6% | -$58.4K |
|
1996
Duke Energy
DUK
$97.8B
| $11.1M | ﹤0.01% |
114,981
+77,140
| +204% | +$7.32M |
|
1997
Albany International
AIN
$2.11B
| $11.1M | ﹤0.01% |
118,768
+105,045
| +765% | +$9.64M |
|
1998
Innospec
IOSP
$2.12B
| $11.1M | ﹤0.01% |
85,879
+25,709
| +43% | +$3.12M |
|
1999
CALL
Global X Silver Miners ETF NEW
SIL
$3.98B
| $11.1M | ﹤0.01% |
403,200
+303,200
| +303% | +$7.68M |
|
2000
FTI Consulting
FCN
$4.4B
| $11.1M | ﹤0.01% |
52,560
+20,617
| +65% | +$4.14M |
|
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.