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 | |
|---|---|---|---|---|---|---|
2376
Arhaus
ARHS
$1.05B
| $7.36M | ﹤0.01% |
+478,158
| New | +$6.16M |
|
|
KW
2377
DELISTED
Kennedy-Wilson Holdings
KW
| $7.34M | ﹤0.01% |
856,000
+739,778
| +637% | +$7.28M |
|
2378
Grocery Outlet
GO
$909M
| $7.33M | ﹤0.01% |
254,817
-484,492
| -66% | -$12.8M |
|
2379
CarGurus
CARG
$3.27B
| $7.33M | ﹤0.01% |
317,712
+120,981
| +61% | +$2.8M |
|
2380
Floor & Decor
FND
$6.13B
| $7.33M | ﹤0.01% |
56,514
+52,282
| +1,235% | +$5.94M |
|
2381
Array Technologies
ARRY
$803M
| $7.32M | ﹤0.01% |
491,163
-476,286
| -49% | -$6.57M |
|
2382
Essent Group
ESNT
$6.08B
| $7.29M | ﹤0.01% |
122,578
+32,421
| +36% | +$1.76M |
|
2383
LeMaitre Vascular
LMAT
$2.32B
| $7.29M | ﹤0.01% |
109,923
+94,116
| +595% | +$5.81M |
|
2384
CALL
Illumina
ILMN
$31B
| $7.29M | ﹤0.01% |
54,587
-4,215
| -7% | -$565K |
|
2385
Valvoline
VVV
$4.9B
| $7.26M | ﹤0.01% |
162,999
+127,912
| +365% | +$5.1M |
|
2386
Williams Companies
WMB
$87.5B
| $7.26M | ﹤0.01% |
186,330
-573,084
| -75% | -$20.4M |
|
2387
Rentokil
RTO
$11.8B
| $7.26M | ﹤0.01% |
+240,788
| New | +$6.68M |
|
|
CWEN.A
2388
DELISTED
Clearway Energy Class A
CWEN.A
| $7.25M | ﹤0.01% |
337,056
+35,785
| +12% | +$783K |
|
2389
PUT
Cleveland-Cliffs
CLF
$6.57B
| $7.24M | ﹤0.01% |
318,200
-555,900
| -64% | -$11M |
|
2390
PUT
Seagate
STX
$194B
| $7.22M | ﹤0.01% |
77,600
-13,900
| -15% | -$1.22M |
|
|
SEM
2391
DELISTED
Select Medical
SEM
| $7.22M | ﹤0.01% |
444,293
+218,973
| +97% | +$3.21M |
|
|
SGI
2392
PUT
Somnigroup International
SGI
$13.7B
| $7.22M | ﹤0.01% |
127,000
+114,100
| +884% | +$5.95M |
|
2393
PUT
Insulet
PODD
$11.5B
| $7.22M | ﹤0.01% |
42,100
+31,900
| +313% | +$5.95M |
|
2394
Benchmark Electronics
BHE
$2.87B
| $7.2M | ﹤0.01% |
240,062
+149,206
| +164% | +$4.3M |
|
2395
iShares S&P 500 Value ETF
IVE
$49B
| $7.2M | ﹤0.01% |
38,560
+18,298
| +90% | +$3.25M |
|
2396
CRISPR Therapeutics
CRSP
$4.73B
| $7.2M | ﹤0.01% |
105,643
+88,373
| +512% | +$6.33M |
|
2397
Cloudflare
NET
$99B
| $7.2M | ﹤0.01% |
74,362
+51,614
| +227% | +$4.67M |
|
2398
TTM Technologies
TTMI
$12B
| $7.2M | ﹤0.01% |
459,954
+416,349
| +955% | +$6.18M |
|
|
MREO
2399
Mereo BioPharma
MREO
$54.7M
| $7.19M | ﹤0.01% |
2,179,135
+768,818
| +55% | +$2.6M |
|
2400
CALL
Simon Property Group
SPG
$74.4B
| $7.18M | ﹤0.01% |
45,900
-86,000
| -65% | -$12.6M |
|
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.