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 | |
|---|---|---|---|---|---|---|
2426
PUT
Navient
NAVI
$789M
| $6.93M | ﹤0.01% |
398,500
+170,200
| +75% | +$2.87M |
|
2427
PUT
Exelon
EXC
$47.2B
| $6.93M | ﹤0.01% |
184,500
+83,900
| +83% | +$3M |
|
2428
Employers Holdings
EIG
$908M
| $6.93M | ﹤0.01% |
152,688
-57,282
| -27% | -$2.45M |
|
2429
Liberty Media Series C
FWONK
$24.6B
| $6.92M | ﹤0.01% |
105,513
+38,957
| +59% | +$2.61M |
|
|
VLRS
2430
Controladora Vuela Compania de Aviacion
VLRS
$900M
| $6.91M | ﹤0.01% |
930,836
-1,248,586
| -57% | -$9.64M |
|
2431
Avnet
AVT
$7.29B
| $6.91M | ﹤0.01% |
139,301
-304,868
| -69% | -$14.3M |
|
2432
PUT
GSK
GSK
$104B
| $6.91M | ﹤0.01% |
161,100
+124,400
| +339% | +$5.13M |
|
2433
VanEck Rare Earth/Strategic Metals ETF
REMX
$1.95B
| $6.91M | ﹤0.01% |
134,460
+75,365
| +128% | +$3.84M |
|
2434
TORM
TRMD
$3.1B
| $6.9M | ﹤0.01% |
197,385
+178,031
| +920% | +$6.06M |
|
2435
Perspective Therapeutics
CATX
$332M
| $6.9M | ﹤0.01% |
+579,473
| New | +$4.94M |
|
|
QVCGA
2436
DELISTED
QVC Group Inc Series A
QVCGA
| $6.88M | ﹤0.01% |
111,837
+36,201
| +48% | +$1.89M |
|
|
MOMO
2437
Hello Group
MOMO
$885M
| $6.88M | ﹤0.01% |
1,107,149
-284,056
| -20% | -$1.8M |
|
2438
CALL
American Airlines Group
AAL
$10.1B
| $6.85M | ﹤0.01% |
446,200
-107,900
| -19% | -$1.57M |
|
2439
RPC Inc
RES
$1.24B
| $6.84M | ﹤0.01% |
884,139
+862,506
| +3,987% | +$6.23M |
|
2440
PUT
Norwegian Cruise Line
NCLH
$8.51B
| $6.83M | ﹤0.01% |
326,300
-915,600
| -74% | -$16.7M |
|
|
SCS
2441
DELISTED
Steelcase
SCS
| $6.82M | ﹤0.01% |
521,488
+417,131
| +400% | +$5.36M |
|
2442
KraneShares CSI China Internet ETF
KWEB
$5.64B
| $6.81M | ﹤0.01% |
259,417
-1,066,506
| -80% | -$26.9M |
|
2443
Harmony Biosciences
HRMY
$2.04B
| $6.81M | ﹤0.01% |
202,729
+180,294
| +804% | +$5.79M |
|
2444
ATS Corp
ATS
$2.64B
| $6.81M | ﹤0.01% |
202,263
+142,473
| +238% | +$5.65M |
|
2445
PUT
Unity
U
$13.8B
| $6.8M | ﹤0.01% |
254,800
+53,500
| +27% | +$1.68M |
|
2446
Hanmi Financial
HAFC
$945M
| $6.8M | ﹤0.01% |
427,311
-148,062
| -26% | -$2.41M |
|
2447
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $6.8M | ﹤0.01% |
17,100
-133,100
| -89% | -$51.3M |
|
|
AXON
2448
CALL
Axon Enterprise
AXON
$42.5B
| $6.79M | ﹤0.01% |
21,700
-5,700
| -21% | -$1.58M |
|
2449
Commerce Bancshares
CBSH
$8.53B
| $6.78M | ﹤0.01% |
140,571
-221,677
| -61% | -$10.5M |
|
2450
iShares US Real Estate ETF
IYR
$4.66B
| $6.78M | ﹤0.01% |
75,392
+16,055
| +27% | +$1.42M |
|
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.