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 | |
|---|---|---|---|---|---|---|
2126
PUT
Atmus Filtration Technologies
ATMU
$4.22B
| $9.68M | ﹤0.01% |
+300,000
| New | +$7.18M |
|
|
LBAI
2127
DELISTED
Lakeland Bancorp Inc
LBAI
| $9.66M | ﹤0.01% |
797,967
+36,154
| +5% | +$464K |
|
2128
Adicet Bio
ACET
$85.2M
| $9.65M | ﹤0.01% |
256,636
+174,037
| +211% | +$7.2M |
|
2129
PUT
argenx
ARGX
$53.4B
| $9.65M | ﹤0.01% |
24,500
+14,500
| +145% | +$5.62M |
|
2130
Silgan Holdings
SLGN
$4.23B
| $9.64M | ﹤0.01% |
198,462
-228,374
| -54% | -$10.1M |
|
2131
Adecoagro
AGRO
$1.44B
| $9.63M | ﹤0.01% |
874,137
-136,609
| -14% | -$1.4M |
|
2132
Ardelyx
ARDX
$1.22B
| $9.63M | ﹤0.01% |
+1,319,095
| New | +$11.3M |
|
2133
Bank of N.T. Butterfield & Son
NTB
$2.43B
| $9.63M | ﹤0.01% |
300,959
-13,428
| -4% | -$408K |
|
2134
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $9.62M | ﹤0.01% |
124,475
-327,304
| -72% | -$25.3M |
|
2135
PUT
Cintas
CTAS
$81.9B
| $9.62M | ﹤0.01% |
56,000
-188,400
| -77% | -$29M |
|
2136
CALL
Biogen
BIIB
$30B
| $9.62M | ﹤0.01% |
44,600
+6,800
| +18% | +$1.59M |
|
|
CMA
2137
PUT
DELISTED
Comerica
CMA
| $9.59M | ﹤0.01% |
174,400
-56,500
| -24% | -$2.95M |
|
2138
PUT
Natera
NTRA
$38.3B
| $9.59M | ﹤0.01% |
104,800
-60,700
| -37% | -$4.57M |
|
2139
UMB Financial
UMBF
$11.1B
| $9.57M | ﹤0.01% |
109,983
+29,428
| +37% | +$2.39M |
|
2140
Axos Financial
AX
$5.77B
| $9.55M | ﹤0.01% |
176,667
-226,210
| -56% | -$11.9M |
|
2141
Community Health Systems
CYH
$393M
| $9.54M | ﹤0.01% |
2,725,708
-969,765
| -26% | -$3.28M |
|
2142
Amkor Technology
AMKR
$12.4B
| $9.54M | ﹤0.01% |
295,888
+275,496
| +1,351% | +$8.74M |
|
2143
Akamai
AKAM
$16.7B
| $9.51M | ﹤0.01% |
87,474
+11,005
| +14% | +$1.27M |
|
2144
BrightView Holdings
BV
$1.22B
| $9.5M | ﹤0.01% |
798,405
+705,244
| +757% | +$6.42M |
|
2145
PUT
Medpace
MEDP
$16.1B
| $9.5M | ﹤0.01% |
+23,500
| New | +$8.26M |
|
2146
Dine Brands
DIN
$456M
| $9.47M | ﹤0.01% |
203,655
+18,486
| +10% | +$859K |
|
|
HAPN
2147
Happen Inc
HAPN
$2.21B
| $9.46M | ﹤0.01% |
1,075,792
+223,891
| +26% | +$1.88M |
|
|
NVMI
2148
Nova
NVMI
$12.4B
| $9.43M | ﹤0.01% |
53,145
-136,389
| -72% | -$21.5M |
|
2149
Royal Bank of Canada
RY
$291B
| $9.42M | ﹤0.01% |
93,394
+74,974
| +407% | +$7.4M |
|
2150
Intapp
INTA
$2.52B
| $9.42M | ﹤0.01% |
274,676
-182,365
| -40% | -$7.16M |
|
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.