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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.38B |
| 2 |
Microsoft
MSFT
|
+$667M |
| 3 |
Spotify
SPOT
|
+$528M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$438M |
| 5 |
Eli Lilly
LLY
|
+$412M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
Amazon
AMZN
|
+$1.45B |
| 3 |
Merck
MRK
|
+$925M |
| 4 |
Broadcom
AVGO
|
+$765M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$672M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.59% |
| 2 | Healthcare | 7.29% |
| 3 | Financials | 7.2% |
| 4 | Industrials | 6.32% |
| 5 | Consumer Discretionary | 4.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2776
Matrix Service
MTRX
$326M
| $4.76M | ﹤0.01% |
413,023
+103,938
| +34% | +$1.03M |
|
2777
Sportradar
SRAD
$4.3B
| $4.75M | ﹤0.01% |
392,121
-1,244,008
| -76% | -$14.2M |
|
2778
PUT
Vertex Pharmaceuticals
VRTX
$121B
| $4.74M | ﹤0.01% |
10,200
-49,200
| -83% | -$23.6M |
|
2779
PUT
Restaurant Brands International
QSR
$25.7B
| $4.74M | ﹤0.01% |
65,700
+47,500
| +261% | +$3.34M |
|
2780
Intellia Therapeutics
NTLA
$1.49B
| $4.73M | ﹤0.01% |
230,301
+154,627
| +204% | +$3.57M |
|
2781
Ardagh Metal Packaging
AMBP
$2.83B
| $4.73M | ﹤0.01% |
1,255,310
+262,274
| +26% | +$927K |
|
2782
PUT
Norwegian Cruise Line
NCLH
$8.51B
| $4.73M | ﹤0.01% |
230,500
-185,800
| -45% | -$3.37M |
|
2783
Virco
VIRC
$95.2M
| $4.72M | ﹤0.01% |
341,936
+189,293
| +124% | +$2.89M |
|
2784
Eos Energy Enterprises
EOSE
$1.22B
| $4.71M | ﹤0.01% |
1,587,032
-1,576,985
| -50% | -$3.34M |
|
2785
Lindblad Expeditions
LIND
$1.94B
| $4.71M | ﹤0.01% |
509,364
+312,851
| +159% | +$2.91M |
|
2786
PUT
Vulcan Materials
VMC
$34.8B
| $4.71M | ﹤0.01% |
18,800
-21,100
| -53% | -$5.24M |
|
2787
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $4.69M | ﹤0.01% |
30,479
-406,061
| -93% | -$61.5M |
|
2788
Sigma Lithium
SGML
$1.11B
| $4.69M | ﹤0.01% |
379,621
-863,958
| -69% | -$9.43M |
|
2789
Kyndryl
KD
$2.99B
| $4.69M | ﹤0.01% |
204,063
-807,357
| -80% | -$19.7M |
|
2790
CALL
NovoCure
NVCR
$1.73B
| $4.69M | ﹤0.01% |
+300,000
| New | +$5.44M |
|
2791
BioAtla
BCAB
$5.46M
| $4.68M | ﹤0.01% |
53,192
+20,207
| +61% | +$1.69M |
|
2792
CALL
American Electric Power
AEP
$69.6B
| $4.68M | ﹤0.01% |
45,600
-43,400
| -49% | -$4.24M |
|
2793
PUT
Clorox
CLX
$11.6B
| $4.66M | ﹤0.01% |
28,600
+7,700
| +37% | +$1.14M |
|
|
SRDX
2794
DELISTED
Surmodics
SRDX
| $4.65M | ﹤0.01% |
119,835
+42,838
| +56% | +$1.73M |
|
2795
PUT
Matador Resources
MTDR
$6.2B
| $4.64M | ﹤0.01% |
93,900
+26,500
| +39% | +$1.49M |
|
2796
Novartis
NVS
$297B
| $4.62M | ﹤0.01% |
40,193
+31,330
| +353% | +$3.55M |
|
2797
CALL
Keurig Dr Pepper
KDP
$42.3B
| $4.62M | ﹤0.01% |
123,200
+96,700
| +365% | +$3.4M |
|
|
VRNA
2798
DELISTED
Verona Pharma
VRNA
| $4.6M | ﹤0.01% |
160,006
-367,634
| -70% | -$9.05M |
|
2799
CALL
Newmont
NEM
$98.7B
| $4.6M | ﹤0.01% |
86,100
-148,100
| -63% | -$7.36M |
|
2800
CALL
Seagate
STX
$194B
| $4.6M | ﹤0.01% |
42,000
-23,800
| -36% | -$2.43M |
|
Similar funds
Millennium Management's Q3 2024 Portfolio in Review
As of Q3 2024, Millennium Management held 6,698 positions worth $211B, down 2.3% from $216B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Millennium Management withdrew a net $20.6B in Q3 2024, closing 667 positions and reducing 2,445 holdings. Its most notable exit was WestRock Company, an estimated $161M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, down from 10% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in Smurfit Westrock worth $94.1M.
- Millennium Management's largest Q3 2024 buy was Smurfit Westrock: 1,904,931 shares worth $94.1M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $1.38B increase.
- Millennium Management's biggest Q3 2024 reduction was Apple, cutting an estimated $2.59B.
- Millennium Management fully exited WestRock Company in Q3 2024, selling an estimated $161M.
- Millennium Management's ten largest holdings make up 17% of its $211B portfolio in Q3 2024.
- Millennium Management opened 898 new positions and closed 667 in Q3 2024.
- Millennium Management's portfolio value fell 2.3% quarter-over-quarter to $211B.
Based on Millennium Management's 13F filing for Q3 2024, filed 14 Nov 2024.