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 | |
|---|---|---|---|---|---|---|
2001
CALL
AES
AES
$10.5B
| $11M | ﹤0.01% |
615,400
+308,600
| +101% | +$5.16M |
|
2002
CALL
Digital Realty Trust
DLR
$69.7B
| $11M | ﹤0.01% |
76,600
+19,100
| +33% | +$2.7M |
|
|
IAS
2003
DELISTED
Integral Ad Science
IAS
| $11M | ﹤0.01% |
1,104,398
-3,948,576
| -78% | -$52.7M |
|
2004
Lazard
LAZ
$4.13B
| $11M | ﹤0.01% |
+262,919
| New | +$10.2M |
|
2005
Vertex
VERX
$2.09B
| $11M | ﹤0.01% |
346,544
+58,448
| +20% | +$1.58M |
|
2006
CALL
iShares Biotechnology ETF
IBB
$9.34B
| $11M | ﹤0.01% |
80,100
-7,200
| -8% | -$983K |
|
2007
MasterBrand
MBC
$1.06B
| $11M | ﹤0.01% |
585,937
-247,560
| -30% | -$3.92M |
|
2008
Atmus Filtration Technologies
ATMU
$4.22B
| $11M | ﹤0.01% |
+340,268
| New | +$8.14M |
|
2009
Kimbell Royalty Partners
KRP
$1.48B
| $11M | ﹤0.01% |
706,993
-99,956
| -12% | -$1.52M |
|
2010
CALL
Copart
CPRT
$27B
| $11M | ﹤0.01% |
189,300
+128,400
| +211% | +$6.6M |
|
2011
CALL
Deutsche Bank
DB
$69B
| $10.9M | ﹤0.01% |
750,700
+150,700
| +25% | +$2.06M |
|
2012
AtriCure
ATRC
$1.92B
| $10.9M | ﹤0.01% |
359,742
-81,436
| -18% | -$2.73M |
|
2013
Kyndryl
KD
$2.99B
| $10.9M | ﹤0.01% |
502,867
-176,240
| -26% | -$3.75M |
|
2014
PUT
Yum! Brands
YUM
$41.8B
| $10.9M | ﹤0.01% |
78,800
+28,400
| +56% | +$3.79M |
|
|
BWIN
2015
Baldwin Insurance Group
BWIN
$2.69B
| $10.9M | ﹤0.01% |
377,418
+226,709
| +150% | +$5.96M |
|
2016
MarineMax
HZO
$759M
| $10.9M | ﹤0.01% |
327,527
-373,479
| -53% | -$12M |
|
2017
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.3B
| $10.9M | ﹤0.01% |
133,400
-89,600
| -40% | -$6.98M |
|
2018
MGP Ingredients
MGPI
$379M
| $10.9M | ﹤0.01% |
126,387
+65,976
| +109% | +$5.72M |
|
2019
State Street SPDR S&P Bank ETF
KBE
$1.64B
| $10.9M | ﹤0.01% |
231,090
-52,482
| -19% | -$2.35M |
|
|
TWO
2020
Two Harbors Investment
TWO
$1.27B
| $10.9M | ﹤0.01% |
820,073
+301,046
| +58% | +$3.92M |
|
|
PARA
2021
CALL
DELISTED
Paramount Global Class B
PARA
| $10.8M | ﹤0.01% |
921,000
-832,100
| -47% | -$10.5M |
|
2022
Praxis Precision Medicines
PRAX
$8.58B
| $10.8M | ﹤0.01% |
176,952
+154,606
| +692% | +$6.94M |
|
2023
CALL
Arm
ARM
$256B
| $10.8M | ﹤0.01% |
86,300
+36,300
| +73% | +$3.85M |
|
2024
Global X Uranium ETF
URA
$5.42B
| $10.8M | ﹤0.01% |
373,720
+211,518
| +130% | +$6.12M |
|
|
MODV
2025
DELISTED
ModivCare
MODV
| $10.8M | ﹤0.01% |
459,300
+288,364
| +169% | +$10.6M |
|
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.