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 | |
|---|---|---|---|---|---|---|
2326
CALL
Extra Space Storage
EXR
$31.3B
| $7.76M | ﹤0.01% |
+48,400
| New | +$6.15M |
|
2327
CALL
Arbor Realty Trust
ABR
$964M
| $7.76M | ﹤0.01% |
510,900
-150,000
| -23% | -$2.06M |
|
2328
Revolve Group
RVLV
$1.8B
| $7.75M | ﹤0.01% |
467,290
-403,230
| -46% | -$5.95M |
|
2329
Vontier
VNT
$4.52B
| $7.74M | ﹤0.01% |
224,003
-190,749
| -46% | -$6.21M |
|
2330
PUT
Revvity
RVTY
$12.6B
| $7.74M | ﹤0.01% |
+70,800
| New | +$6.83M |
|
2331
CALL
Digital Realty Trust
DLR
$69.7B
| $7.74M | ﹤0.01% |
57,500
-30,400
| -35% | -$3.93M |
|
2332
Argan
AGX
$8B
| $7.72M | ﹤0.01% |
164,987
+142,927
| +648% | +$6.52M |
|
|
CWEN.A
2333
DELISTED
Clearway Energy Class A
CWEN.A
| $7.71M | ﹤0.01% |
301,271
-842,155
| -74% | -$18.5M |
|
2334
PUT
Alpha Metallurgical Resources
AMR
$1.74B
| $7.69M | ﹤0.01% |
22,700
+4,400
| +24% | +$1.16M |
|
2335
Zegna
ZGN
$3.95B
| $7.68M | ﹤0.01% |
663,394
+140,763
| +27% | +$1.68M |
|
2336
PUT
Illinois Tool Works
ITW
$82.6B
| $7.67M | ﹤0.01% |
29,300
+13,700
| +88% | +$3.28M |
|
2337
PUT
Equifax
EFX
$20.3B
| $7.67M | ﹤0.01% |
31,000
+26,800
| +638% | +$5.44M |
|
2338
Playtika
PLTK
$1.52B
| $7.65M | ﹤0.01% |
877,419
+209,935
| +31% | +$1.82M |
|
2339
CALL
nCino
NCNO
$2.02B
| $7.65M | ﹤0.01% |
227,500
+27,200
| +14% | +$809K |
|
2340
TTEC Holdings
TTEC
$121M
| $7.65M | ﹤0.01% |
352,842
+36,061
| +11% | +$759K |
|
|
AMNB
2341
DELISTED
American National Bankshares Inc
AMNB
| $7.64M | ﹤0.01% |
156,813
+96,212
| +159% | +$4.03M |
|
2342
Iovance Biotherapeutics
IOVA
$1.82B
| $7.64M | ﹤0.01% |
939,546
-6,880,528
| -88% | -$36M |
|
2343
PUT
iShares Silver Trust
SLV
$28B
| $7.64M | ﹤0.01% |
350,600
-1,751,100
| -83% | -$37.3M |
|
|
VRNA
2344
DELISTED
Verona Pharma
VRNA
| $7.62M | ﹤0.01% |
383,351
-550,870
| -59% | -$8.13M |
|
2345
CALL
American Airlines Group
AAL
$10.1B
| $7.61M | ﹤0.01% |
554,100
+179,700
| +48% | +$2.26M |
|
2346
Vestis
VSTS
$1.91B
| $7.61M | ﹤0.01% |
+360,001
| New | +$6.18M |
|
2347
Tractor Supply
TSCO
$16.1B
| $7.6M | ﹤0.01% |
176,735
-51,375
| -23% | -$2.1M |
|
2348
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.3B
| $7.59M | ﹤0.01% |
104,400
+64,900
| +164% | +$4.47M |
|
2349
Equitable Holdings
EQH
$13B
| $7.58M | ﹤0.01% |
227,554
-1,287,173
| -85% | -$37.7M |
|
2350
PUT
Fair Isaac
FICO
$24.3B
| $7.57M | ﹤0.01% |
6,500
+4,800
| +282% | +$4.83M |
|
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.