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 | |
|---|---|---|---|---|---|---|
|
KDK
2851
Kodiak AI
KDK
$840M
| $4.33M | ﹤0.01% |
400,000
| – | – |
|
2852
CALL
Establishment Labs
ESTA
$2.72B
| $4.33M | ﹤0.01% |
+100,000
| New | +$4.35M |
|
2853
CALL
Strategy Inc
MSTR
$34.1B
| $4.32M | ﹤0.01% |
25,600
+18,600
| +266% | +$2.66M |
|
2854
PUT
Shake Shack
SHAK
$2.53B
| $4.31M | ﹤0.01% |
41,800
+28,400
| +212% | +$2.74M |
|
2855
Codexis
CDXS
$151M
| $4.31M | ﹤0.01% |
1,400,059
+1,328,134
| +1,847% | +$4.11M |
|
2856
CALL
Icon
ICLR
$12.6B
| $4.31M | ﹤0.01% |
+15,000
| New | +$4.73M |
|
|
2857
PUT
Icon
ICLR
$12.6B
| $4.31M | ﹤0.01% |
15,000
| – | – |
|
2858
CALL
CSX Corp
CSX
$93.4B
| $4.31M | ﹤0.01% |
124,700
+5,800
| +5% | +$197K |
|
2859
PUT
monday.com
MNDY
$3.68B
| $4.31M | ﹤0.01% |
15,500
+13,400
| +638% | +$3.32M |
|
2860
PUT
Match Group
MTCH
$9.19B
| $4.3M | ﹤0.01% |
113,700
+104,700
| +1,163% | +$3.66M |
|
2861
BCE
BCE
$20.2B
| $4.3M | ﹤0.01% |
123,647
+5,139
| +4% | +$175K |
|
2862
TC Energy
TRP
$70.2B
| $4.3M | ﹤0.01% |
90,356
-144,571
| -62% | -$6.28M |
|
2863
Enerpac Tool Group
EPAC
$1.83B
| $4.29M | ﹤0.01% |
+102,526
| New | +$4.11M |
|
2864
Dream Finders Homes
DFH
$1.16B
| $4.29M | ﹤0.01% |
118,560
-53,078
| -31% | -$1.63M |
|
2865
Federal Agricultural Mortgage
AGM
$2.47B
| $4.28M | ﹤0.01% |
22,839
-39,780
| -64% | -$7.59M |
|
2866
Assurant
AIZ
$13.8B
| $4.28M | ﹤0.01% |
21,520
-151,059
| -88% | -$27.5M |
|
|
GATO
2867
DELISTED
Gatos Silver, Inc.
GATO
| $4.28M | ﹤0.01% |
283,619
+268,472
| +1,772% | +$3.44M |
|
2868
Sprout Social
SPT
$516M
| $4.27M | ﹤0.01% |
146,984
-184,276
| -56% | -$6M |
|
2869
Veru
VERU
$36M
| $4.27M | ﹤0.01% |
555,481
+9,450
| +2% | +$81.5K |
|
|
VSTO
2870
DELISTED
Vista Outdoor Inc.
VSTO
| $4.27M | ﹤0.01% |
108,869
+58,546
| +116% | +$2.27M |
|
|
NETDU
2871
DELISTED
Nabors Energy Transition Corp II Unit
NETDU
| $4.26M | ﹤0.01% |
400,000
| – | – |
|
2872
PUT
SM Energy
SM
$7.8B
| $4.26M | ﹤0.01% |
106,500
+42,100
| +65% | +$1.83M |
|
|
NXRT
2873
NexPoint Residential Trust
NXRT
$666M
| $4.25M | ﹤0.01% |
96,612
+266
| +0.3% | +$11.6K |
|
2874
PUT
Alpha Metallurgical Resources
AMR
$1.74B
| $4.25M | ﹤0.01% |
18,000
+7,100
| +65% | +$1.81M |
|
|
VTLE
2875
DELISTED
Vital Energy
VTLE
| $4.25M | ﹤0.01% |
157,853
-145,422
| -48% | -$5.38M |
|
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.