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 Core S&P 500 ETF
IVV
|
+$4.37B |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$488M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$449M |
| 4 |
Apple
AAPL
|
+$402M |
| 5 |
HES
Hess
HES
|
+$377M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.47B |
| 2 |
ATVI
Activision Blizzard
ATVI
|
+$1.44B |
| 3 |
NVIDIA
NVDA
|
+$783M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$722M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$650M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.34% |
| 2 | Healthcare | 6.09% |
| 3 | Financials | 5% |
| 4 | Consumer Discretionary | 4.53% |
| 5 | Industrials | 4.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2151
Dropbox
DBX
$7.6B
| $9.64M | ﹤0.01% |
326,890
-1,158,642
| -78% | -$32.2M |
|
2152
Kinetik
KNTK
$3.72B
| $9.63M | ﹤0.01% |
288,195
-16,213
| -5% | -$566K |
|
2153
TechnipFMC
FTI
$28.1B
| $9.61M | ﹤0.01% |
476,986
-1,090,514
| -70% | -$22.3M |
|
2154
Sportradar
SRAD
$4.3B
| $9.61M | ﹤0.01% |
869,268
+307,213
| +55% | +$3.02M |
|
2155
CALL
Lucid Motors
LCID
$2.88B
| $9.6M | ﹤0.01% |
228,050
+218,280
| +2,234% | +$9.8M |
|
2156
PUT
Live Nation Entertainment
LYV
$40.6B
| $9.58M | ﹤0.01% |
102,400
-53,400
| -34% | -$4.6M |
|
2157
Weave Communications
WEAV
$520M
| $9.58M | ﹤0.01% |
835,614
-139,323
| -14% | -$1.24M |
|
2158
FIGS
FIGS
$1.79B
| $9.58M | ﹤0.01% |
1,377,849
+1,053,422
| +325% | +$6.97M |
|
2159
International Money Express
IMXI
$357M
| $9.56M | ﹤0.01% |
432,938
+188,244
| +77% | +$3.61M |
|
2160
Martin Marietta Materials
MLM
$31.5B
| $9.56M | ﹤0.01% |
19,160
-109,731
| -85% | -$49.5M |
|
2161
Travel + Leisure Co
TNL
$4.66B
| $9.56M | ﹤0.01% |
244,503
-136,845
| -36% | -$4.96M |
|
|
WCC
2162
WESCO International
WCC
$16.7B
| $9.55M | ﹤0.01% |
54,916
-20,037
| -27% | -$3M |
|
2163
Allegro MicroSystems
ALGM
$7.73B
| $9.54M | ﹤0.01% |
315,292
-89,883
| -22% | -$2.57M |
|
2164
CALL
Zions Bancorporation
ZION
$10.2B
| $9.54M | ﹤0.01% |
217,400
+54,400
| +33% | +$1.96M |
|
2165
EPR Properties
EPR
$4.76B
| $9.54M | ﹤0.01% |
196,843
-429,592
| -69% | -$19.2M |
|
2166
lululemon athletica
LULU
$13.5B
| $9.53M | ﹤0.01% |
18,630
-243,316
| -93% | -$105M |
|
2167
Health Catalyst
HCAT
$154M
| $9.51M | ﹤0.01% |
1,026,888
+776,968
| +311% | +$6.35M |
|
2168
CALL
Wynn Resorts
WYNN
$10.3B
| $9.49M | ﹤0.01% |
104,200
+13,400
| +15% | +$1.19M |
|
2169
CALL
Flywire
FLYW
$1.98B
| $9.49M | ﹤0.01% |
409,900
-292,400
| -42% | -$7.37M |
|
2170
PagerDuty
PD
$816M
| $9.49M | ﹤0.01% |
409,786
+228,406
| +126% | +$4.94M |
|
2171
Celsius Holdings
CELH
$7.47B
| $9.47M | ﹤0.01% |
173,700
-1,236,645
| -88% | -$66M |
|
2172
Coherus Oncology
CHRS
$217M
| $9.46M | ﹤0.01% |
2,842,319
+2,625,640
| +1,212% | +$7.03M |
|
2173
CALL
ASML
ASML
$626B
| $9.46M | ﹤0.01% |
12,500
-25,700
| -67% | -$17M |
|
2174
CALL
Petrobras
PBR
$125B
| $9.46M | ﹤0.01% |
592,400
-352,500
| -37% | -$5.4M |
|
2175
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.12B
| $9.4M | ﹤0.01% |
50,403
-43,428
| -46% | -$7.26M |
|
Similar funds
Millennium Management's Q4 2023 Portfolio in Review
As of Q4 2023, Millennium Management held 6,891 positions worth $231B, up 17% from $198B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Millennium Management deployed $7.99B of net new capital in Q4 2023, opening 816 new positions and adding to 2,304 existing holdings. Its largest new stake was Ferguson: 906,589 shares worth $175M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, down from 9.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $2.47B trimmed.
- Millennium Management's largest Q4 2023 buy was Ferguson: 906,589 shares worth $175M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $4.37B increase.
- Millennium Management's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.47B.
- Millennium Management fully exited Activision Blizzard in Q4 2023, selling an estimated $1.44B.
- Millennium Management's ten largest holdings make up 21% of its $231B portfolio in Q4 2023.
- Millennium Management opened 816 new positions and closed 883 in Q4 2023.
- Millennium Management's portfolio value rose 17% quarter-over-quarter to $231B.
Based on Millennium Management's 13F filing for Q4 2023, filed 14 Feb 2024.