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 | |
|---|---|---|---|---|---|---|
2801
Vanguard Morningstar Total Stock Market ETF
VTI
$660B
| $4.6M | ﹤0.01% |
16,240
-121,900
| -88% | -$33.2M |
|
2802
Belden
BDC
$4.85B
| $4.6M | ﹤0.01% |
39,255
-3,306
| -8% | -$331K |
|
2803
Savers
SVV
$1.58B
| $4.6M | ﹤0.01% |
436,879
+120,782
| +38% | +$1.23M |
|
2804
PUT
Alnylam Pharmaceuticals
ALNY
$27.5B
| $4.59M | ﹤0.01% |
+16,700
| New | +$4.35M |
|
|
TBI
2805
Trueblue
TBI
$215M
| $4.59M | ﹤0.01% |
581,268
+49,229
| +9% | +$443K |
|
2806
Fluence Energy
FLNC
$1.85B
| $4.58M | ﹤0.01% |
201,779
+109,459
| +119% | +$1.98M |
|
2807
CALL
Sherwin-Williams
SHW
$82.7B
| $4.58M | ﹤0.01% |
12,000
-63,900
| -84% | -$22.3M |
|
2808
Dominion Energy
D
$60.8B
| $4.57M | ﹤0.01% |
79,161
+9,456
| +14% | +$517K |
|
2809
PUT
Duolingo
DUOL
$6.28B
| $4.57M | ﹤0.01% |
16,200
+12,500
| +338% | +$2.56M |
|
2810
Weave Communications
WEAV
$520M
| $4.56M | ﹤0.01% |
356,313
-289,034
| -45% | -$3.05M |
|
2811
SK Telecom
SKM
$12.1B
| $4.56M | ﹤0.01% |
191,760
+32,894
| +21% | +$745K |
|
2812
Copa Holdings
CPA
$5.76B
| $4.55M | ﹤0.01% |
48,509
-433,670
| -90% | -$39.2M |
|
2813
Acumen Pharmaceuticals
ABOS
$155M
| $4.55M | ﹤0.01% |
1,834,753
-119,332
| -6% | -$324K |
|
2814
Heritage Insurance Holdings
HRTG
$889M
| $4.54M | ﹤0.01% |
370,732
+178,443
| +93% | +$2.07M |
|
2815
LeMaitre Vascular
LMAT
$2.32B
| $4.54M | ﹤0.01% |
48,831
-27,374
| -36% | -$2.37M |
|
2816
Inhibrx
INBX
$1.2B
| $4.53M | ﹤0.01% |
289,361
-13,835
| -5% | -$194K |
|
2817
Cannae Holdings
CNNE
$639M
| $4.52M | ﹤0.01% |
237,257
+188,240
| +384% | +$3.62M |
|
2818
TriMas Corp
TRS
$1.43B
| $4.52M | ﹤0.01% |
176,885
-40,497
| -19% | -$1.02M |
|
|
HONDU
2819
DELISTED
HCM II Acquisition Corp Unit
HONDU
| $4.5M | ﹤0.01% |
+450,000
| New | +$4.5M |
|
2820
PUT
Helen of Troy
HELE
$644M
| $4.5M | ﹤0.01% |
+72,800
| New | +$4.31M |
|
|
VCICU
2821
DELISTED
Vine Hill Capital Investment Corp Unit
VCICU
| $4.5M | ﹤0.01% |
+450,000
| New | +$4.5M |
|
2822
National Vision
EYE
$1.77B
| $4.49M | ﹤0.01% |
411,947
-183,788
| -31% | -$2.14M |
|
2823
Absci
ABSI
$1.32B
| $4.49M | ﹤0.01% |
1,174,829
+363,056
| +45% | +$1.44M |
|
2824
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$3.87B
| $4.49M | ﹤0.01% |
70,400
-319,400
| -82% | -$19.1M |
|
|
SOHU
2825
Sohu.com
SOHU
$362M
| $4.48M | ﹤0.01% |
284,402
-84,043
| -23% | -$1.26M |
|
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.