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 | |
|---|---|---|---|---|---|---|
2976
SkyWater Technology
SKYT
| $3.8M | ﹤0.01% |
418,139
+187,214
| +81% | +$1.56M |
|
|
ETHW
2977
Bitwise Ethereum ETF
ETHW
$195M
| $3.79M | ﹤0.01% |
+203,620
| New | +$3.88M |
|
2978
United Microelectronic
UMC
$47.7B
| $3.78M | ﹤0.01% |
448,947
-306,079
| -41% | -$2.56M |
|
2979
PUT
Unity
U
$13.8B
| $3.78M | ﹤0.01% |
166,900
+66,900
| +67% | +$1.16M |
|
2980
CALL
Autodesk
ADSK
$49.5B
| $3.77M | ﹤0.01% |
13,700
-63,100
| -82% | -$15.9M |
|
2981
Perimeter Solutions
PRM
$4.99B
| $3.77M | ﹤0.01% |
280,564
+227,978
| +434% | +$2.36M |
|
2982
PUT
Marathon Digital Holdings
MARA
$4.32B
| $3.77M | ﹤0.01% |
+232,600
| New | +$4.22M |
|
2983
Mercantile Bank Corp
MBWM
$1.04B
| $3.77M | ﹤0.01% |
86,218
+29,080
| +51% | +$1.29M |
|
2984
CALL
LivaNova
LIVN
$4.4B
| $3.77M | ﹤0.01% |
71,700
+61,200
| +583% | +$3.03M |
|
2985
Unilever
UL
$137B
| $3.75M | ﹤0.01% |
51,346
-977,817
| -95% | -$67.6M |
|
2986
CALL
Kinder Morgan
KMI
$71.7B
| $3.75M | ﹤0.01% |
169,800
+110,800
| +188% | +$2.33M |
|
2987
Arcus Biosciences
RCUS
$3.55B
| $3.75M | ﹤0.01% |
245,102
+69,397
| +39% | +$1.09M |
|
2988
Eagle Bancorp
EGBN
$846M
| $3.73M | ﹤0.01% |
165,066
-88,408
| -35% | -$1.85M |
|
2989
PUT
United Therapeutics
UTHR
$25.8B
| $3.73M | ﹤0.01% |
10,400
-2,300
| -18% | -$777K |
|
2990
Yelp
YELP
$1.45B
| $3.73M | ﹤0.01% |
106,237
-82,134
| -44% | -$2.87M |
|
2991
H.B. Fuller
FUL
$2.97B
| $3.72M | ﹤0.01% |
46,915
-15,435
| -25% | -$1.25M |
|
2992
PUT
Kinross Gold
KGC
$27.4B
| $3.72M | ﹤0.01% |
397,500
+341,500
| +610% | +$3.07M |
|
2993
Unisys
UIS
$209M
| $3.72M | ﹤0.01% |
654,775
+45,910
| +8% | +$227K |
|
2994
Sun Life Financial
SLF
$46B
| $3.72M | ﹤0.01% |
64,044
-168,933
| -73% | -$8.83M |
|
2995
Innospec
IOSP
$2.12B
| $3.71M | ﹤0.01% |
32,782
-18,360
| -36% | -$2.14M |
|
2996
JELD-WEN Holding
JELD
$122M
| $3.7M | ﹤0.01% |
233,900
+168,155
| +256% | +$2.47M |
|
|
PRMW
2997
DELISTED
Primo Water Corporation
PRMW
| $3.69M | ﹤0.01% |
146,208
-593,404
| -80% | -$13.3M |
|
2998
Opko Health
OPK
$985M
| $3.69M | ﹤0.01% |
2,476,144
+1,214,946
| +96% | +$1.8M |
|
|
CNTA
2999
DELISTED
Centessa Pharmaceuticals
CNTA
| $3.68M | ﹤0.01% |
230,379
+180,894
| +366% | +$2.22M |
|
3000
CALL
Nutrien
NTR
$33.2B
| $3.68M | ﹤0.01% |
62,500
-300
| -0.5% | -$14.5K |
|
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.