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 | |
|---|---|---|---|---|---|---|
3101
Backblaze
BLZE
$823M
| $3.28M | ﹤0.01% |
513,929
-133,903
| -21% | -$832K |
|
3102
ArcBest
ARCB
$3.23B
| $3.28M | ﹤0.01% |
30,251
-197,540
| -87% | -$21.7M |
|
3103
Bausch Health
BHC
$2.58B
| $3.28M | ﹤0.01% |
401,814
-496,876
| -55% | -$3.27M |
|
3104
CALL
Rockwell Automation
ROK
$53.4B
| $3.28M | ﹤0.01% |
12,200
+10,400
| +578% | +$2.76M |
|
3105
Cricut
CRCT
$984M
| $3.27M | ﹤0.01% |
472,116
-253,496
| -35% | -$1.52M |
|
|
AACT.U
3106
DELISTED
Ares Acquisition Corp II Units
AACT.U
| $3.27M | ﹤0.01% |
300,000
| – | – |
|
|
LAC
3107
Lithium Americas
LAC
$1.01B
| $3.27M | ﹤0.01% |
1,210,438
+903,952
| +295% | +$2.3M |
|
3108
PUT
Novartis
NVS
$297B
| $3.27M | ﹤0.01% |
28,400
-26,400
| -48% | -$3M |
|
3109
Zentalis Pharmaceuticals
ZNTL
$337M
| $3.26M | ﹤0.01% |
886,086
+493,478
| +126% | +$1.79M |
|
3110
PUT
Zebra Technologies
ZBRA
$14B
| $3.26M | ﹤0.01% |
8,800
-5,500
| -38% | -$1.85M |
|
|
HOLX
3111
PUT
DELISTED
Hologic
HOLX
| $3.26M | ﹤0.01% |
+40,000
| New | +$3.2M |
|
3112
PUT
Illinois Tool Works
ITW
$82.6B
| $3.25M | ﹤0.01% |
12,400
+5,000
| +68% | +$1.23M |
|
|
NLOP
3113
Net Lease Office Properties
NLOP
$173M
| $3.25M | ﹤0.01% |
106,100
+57,193
| +117% | +$1.65M |
|
3114
PUT
Paychex
PAYX
$41.6B
| $3.25M | ﹤0.01% |
24,200
+4,900
| +25% | +$622K |
|
3115
CALL
Ventas
VTR
$48B
| $3.24M | ﹤0.01% |
50,600
-46,200
| -48% | -$2.7M |
|
3116
United Therapeutics
UTHR
$25.8B
| $3.24M | ﹤0.01% |
9,046
-93,985
| -91% | -$31.7M |
|
3117
PUT
American Electric Power
AEP
$69.6B
| $3.23M | ﹤0.01% |
31,500
-14,200
| -31% | -$1.39M |
|
3118
PUT
Emcor
EME
$35.2B
| $3.23M | ﹤0.01% |
+7,500
| New | +$2.83M |
|
|
EEX
3119
DELISTED
Emerald Holding
EEX
| $3.22M | ﹤0.01% |
644,567
+591,037
| +1,104% | +$3.16M |
|
3120
Treace Medical Concepts
TMCI
$280M
| $3.22M | ﹤0.01% |
554,492
-131,520
| -19% | -$845K |
|
3121
PUT
Rubrik
RBRK
$14.9B
| $3.21M | ﹤0.01% |
+100,000
| New | +$3.31M |
|
3122
PUT
Eaton
ETN
$161B
| $3.21M | ﹤0.01% |
9,700
-1,000
| -9% | -$306K |
|
3123
WisdomTree
WT
$2.96B
| $3.21M | ﹤0.01% |
321,125
-596,084
| -65% | -$6.06M |
|
3124
PUT
Procept Biorobotics
PRCT
$1.06B
| $3.2M | ﹤0.01% |
+40,000
| New | +$2.84M |
|
3125
Cytokinetics
CYTK
$10.5B
| $3.2M | ﹤0.01% |
+60,605
| New | +$3.38M |
|
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.