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 Core S&P 500 ETF
IVV
|
+$1.12B |
| 2 |
Apple
AAPL
|
+$963M |
| 3 |
Wells Fargo
WFC
|
+$647M |
| 4 |
ConocoPhillips
COP
|
+$632M |
| 5 |
UnitedHealth
UNH
|
+$490M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$963M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$907M |
| 3 |
KKR & Co
KKR
|
+$906M |
| 4 |
CRH
CRH
|
+$670M |
| 5 |
Meta Platforms (Facebook)
META
|
+$593M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.44% |
| 2 | Healthcare | 8.01% |
| 3 | Financials | 6.79% |
| 4 | Industrials | 6.22% |
| 5 | Consumer Discretionary | 5.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2976
Encore Capital Group
ECPG
$2.04B
| $3.35M | ﹤0.01% |
80,170
+30,052
| +60% | +$1.3M |
|
2977
PUT
Scorpio Tankers
STNG
$3.86B
| $3.34M | ﹤0.01% |
41,100
-115,600
| -74% | -$8.84M |
|
2978
HP
HPQ
$24.9B
| $3.34M | ﹤0.01% |
95,397
+241
| +0.3% | +$7.65K |
|
2979
PUT
MGIC Investment
MTG
$6.15B
| $3.33M | ﹤0.01% |
154,600
-205,400
| -57% | -$4.26M |
|
2980
Eagle Materials
EXP
$6.33B
| $3.33M | ﹤0.01% |
15,320
+14,321
| +1,434% | +$3.51M |
|
2981
Uranium Energy
UEC
$4.66B
| $3.33M | ﹤0.01% |
553,795
-115,980
| -17% | -$788K |
|
2982
BHP
BHP
$214B
| $3.33M | ﹤0.01% |
58,255
-162,469
| -74% | -$9.44M |
|
2983
SK Telecom
SKM
$12.2B
| $3.33M | ﹤0.01% |
158,866
+43,327
| +37% | +$905K |
|
2984
FIGS
FIGS
$1.76B
| $3.32M | ﹤0.01% |
623,536
+500,252
| +406% | +$2.56M |
|
2985
PUT
NRG Energy
NRG
$28B
| $3.32M | ﹤0.01% |
42,600
+31,400
| +280% | +$2.43M |
|
2986
Werner Enterprises
WERN
$2.31B
| $3.32M | ﹤0.01% |
92,553
+21,008
| +29% | +$768K |
|
|
TGB
2987
Trekor Metals
TGB
$2.45B
| $3.32M | ﹤0.01% |
1,349,795
+136,932
| +11% | +$347K |
|
2988
PUT
Biogen
BIIB
$30.3B
| $3.32M | ﹤0.01% |
14,300
-25,200
| -64% | -$5.48M |
|
|
UHT
2989
Universal Health Realty Income Trust
UHT
$607M
| $3.31M | ﹤0.01% |
84,659
-1,190
| -1% | -$43.5K |
|
2990
PUT
Progressive
PGR
$124B
| $3.3M | ﹤0.01% |
15,900
-3,700
| -19% | -$774K |
|
2991
Garrett Motion
GTX
$5.74B
| $3.3M | ﹤0.01% |
384,378
-48,414
| -11% | -$447K |
|
2992
CALL
Ally Financial
ALLY
$13.1B
| $3.3M | ﹤0.01% |
83,100
-28,700
| -26% | -$1.12M |
|
2993
PUT
Floor & Decor
FND
$6.21B
| $3.28M | ﹤0.01% |
33,000
-108,000
| -77% | -$12.4M |
|
2994
Vanguard FTSE Emerging Markets ETF
VWO
$120B
| $3.28M | ﹤0.01% |
74,933
+9,199
| +14% | +$396K |
|
|
CTEV
2995
Claritev Corp
CTEV
$400M
| $3.27M | ﹤0.01% |
210,652
+204,635
| +3,401% | +$4.87M |
|
|
BFS
2996
Saul Centers
BFS
$845M
| $3.27M | ﹤0.01% |
+88,992
| New | +$3.25M |
|
2997
PUT
Agnico Eagle Mines
AEM
$73.7B
| $3.27M | ﹤0.01% |
50,000
| – | – |
|
2998
TORM
TRMD
$3.1B
| $3.26M | ﹤0.01% |
84,181
-113,204
| -57% | -$4.05M |
|
|
MRO
2999
CALL
DELISTED
Marathon Oil Corporation
MRO
| $3.25M | ﹤0.01% |
113,300
-22,400
| -17% | -$621K |
|
3000
Vanguard FTSE Europe ETF
VGK
$30.6B
| $3.24M | ﹤0.01% |
48,598
-4,193
| -8% | -$284K |
|
Similar funds
Millennium Management's Q2 2024 Portfolio in Review
As of Q2 2024, Millennium Management held 6,803 positions worth $216B, down 7.8% from $234B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management withdrew a net $24.5B in Q2 2024, closing 995 positions and reducing 2,549 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $907M position sold in full.
By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 8.5% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in QXO Inc worth $20.6M.
- Millennium Management's largest Q2 2024 buy was QXO Inc: 2,219,158 shares worth $20.6M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $1.12B increase.
- Millennium Management's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $963M.
- Millennium Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $907M.
- Millennium Management's ten largest holdings make up 16% of its $216B portfolio in Q2 2024.
- Millennium Management opened 661 new positions and closed 995 in Q2 2024.
- Millennium Management's portfolio value fell 7.8% quarter-over-quarter to $216B.
Based on Millennium Management's 13F filing for Q2 2024, filed 14 Aug 2024.