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 | |
|---|---|---|---|---|---|---|
2226
CALL
VF Corp
VFC
$5.63B
| $8.71M | ﹤0.01% |
568,000
+507,500
| +839% | +$8.17M |
|
2227
PUT
Flywire
FLYW
$1.98B
| $8.7M | ﹤0.01% |
+350,600
| New | +$8.19M |
|
2228
Interactive Brokers
IBKR
$39.2B
| $8.68M | ﹤0.01% |
310,912
-1,051,472
| -77% | -$26.2M |
|
2229
Aflac
AFL
$64.9B
| $8.66M | ﹤0.01% |
100,886
+66,655
| +195% | +$5.46M |
|
2230
Waters Corp
WAT
$37B
| $8.66M | ﹤0.01% |
25,146
-101,070
| -80% | -$33.2M |
|
|
HCP
2231
CALL
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $8.65M | ﹤0.01% |
+321,000
| New | +$7.78M |
|
2232
CNA Financial
CNA
$14.2B
| $8.64M | ﹤0.01% |
190,310
+102,752
| +117% | +$4.53M |
|
2233
Carrier Global
CARR
$51B
| $8.62M | ﹤0.01% |
148,347
-128,776
| -46% | -$7.24M |
|
2234
Agilon Health
AGL
$1.53B
| $8.62M | ﹤0.01% |
56,520
-25,076
| -31% | -$4.17M |
|
2235
Atour Lifestyle Holdings
ATAT
$4.67B
| $8.62M | ﹤0.01% |
480,343
-145,637
| -23% | -$2.67M |
|
2236
PUT
Sunrun
RUN
$2.34B
| $8.6M | ﹤0.01% |
652,700
+623,200
| +2,113% | +$8.57M |
|
2237
CALL
Sarepta Therapeutics
SRPT
$1.57B
| $8.6M | ﹤0.01% |
66,400
-50,500
| -43% | -$6.19M |
|
2238
Invesco Senior Loan ETF
BKLN
$6.97B
| $8.59M | ﹤0.01% |
406,359
+206,659
| +103% | +$4.36M |
|
2239
Associated Banc-Corp
ASB
$5.83B
| $8.59M | ﹤0.01% |
399,467
+218,201
| +120% | +$4.56M |
|
2240
Clearway Energy Class C
CWEN
$4.94B
| $8.57M | ﹤0.01% |
371,993
-86,789
| -19% | -$2.04M |
|
2241
CALL
iShares US Real Estate ETF
IYR
$4.66B
| $8.54M | ﹤0.01% |
95,000
+91,800
| +2,869% | +$8.12M |
|
|
CVSA
2242
Covista Inc
CVSA
$4.25B
| $8.54M | ﹤0.01% |
166,119
-44,811
| -21% | -$2.34M |
|
2243
PUT
Keysight
KEYS
$54.5B
| $8.52M | ﹤0.01% |
54,500
+31,600
| +138% | +$4.86M |
|
2244
CALL
United Airlines
UAL
$39.4B
| $8.52M | ﹤0.01% |
178,000
-192,800
| -52% | -$8.26M |
|
2245
PUT
Biogen
BIIB
$30B
| $8.52M | ﹤0.01% |
39,500
| – | – |
|
|
PLGO
2246
Pelagos Insurance Capital
PLGO
$2.16B
| $8.51M | ﹤0.01% |
436,953
-53,077
| -11% | -$782K |
|
2247
Molson Coors Class B
TAP
$7.79B
| $8.51M | ﹤0.01% |
126,503
-201,377
| -61% | -$12.8M |
|
2248
Weave Communications
WEAV
$520M
| $8.5M | ﹤0.01% |
740,683
-94,931
| -11% | -$1.14M |
|
2249
PUT
FTAI Aviation
FTAI
$21.1B
| $8.49M | ﹤0.01% |
126,100
-162,200
| -56% | -$8.9M |
|
2250
Fulcrum Therapeutics
FULC
$273M
| $8.47M | ﹤0.01% |
897,461
+459,958
| +105% | +$4.11M |
|
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.