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 | |
|---|---|---|---|---|---|---|
3176
Diebold Nixdorf
DBD
$2.5B
| $3.06M | ﹤0.01% |
68,418
-101,115
| -60% | -$4.18M |
|
3177
PubMatic
PUBM
$585M
| $3.05M | ﹤0.01% |
205,286
-118,784
| -37% | -$2.06M |
|
3178
Seaboard Corp
SEB
$4.23B
| $3.05M | ﹤0.01% |
973
-845
| -46% | -$2.64M |
|
3179
PUT
G-III Apparel Group
GIII
$1.54B
| $3.05M | ﹤0.01% |
+100,000
| New | +$2.74M |
|
3180
The RealReal
REAL
$1.46B
| $3.05M | ﹤0.01% |
970,447
-1,048,060
| -52% | -$3.15M |
|
3181
Skyworks Solutions
SWKS
$9.37B
| $3.04M | ﹤0.01% |
30,801
-55,637
| -64% | -$5.9M |
|
3182
NWPX Infrastructure Inc
NWPX
$1.19B
| $3.04M | ﹤0.01% |
+67,346
| New | +$2.69M |
|
3183
PUT
F5
FFIV
$22.9B
| $3.04M | ﹤0.01% |
13,800
+3,700
| +37% | +$717K |
|
3184
PUT
Advance Auto Parts
AAP
$3.35B
| $3.04M | ﹤0.01% |
77,900
+32,800
| +73% | +$1.74M |
|
3185
Orthofix Medical
OFIX
$477M
| $3.04M | ﹤0.01% |
194,360
-198,461
| -51% | -$3.18M |
|
|
BRDG
3186
DELISTED
Bridge Investment Group
BRDG
| $3.04M | ﹤0.01% |
307,510
-262,729
| -46% | -$2.14M |
|
3187
JPMorgan Chase
JPM
$935B
| $3.03M | ﹤0.01% |
14,388
-708,097
| -98% | -$149M |
|
3188
Quaker Houghton
KWR
$2.76B
| $3.03M | ﹤0.01% |
18,006
-77,011
| -81% | -$13M |
|
|
WCC
3189
CALL
WESCO International
WCC
$16.7B
| $3.02M | ﹤0.01% |
18,000
+9,200
| +105% | +$1.49M |
|
3190
CytomX Therapeutics
CTMX
$675M
| $3.02M | ﹤0.01% |
2,560,256
+714,853
| +39% | +$908K |
|
3191
Service Corp International
SCI
$11.7B
| $3.02M | ﹤0.01% |
38,253
-229,607
| -86% | -$17.5M |
|
3192
CALL
Camtek
CAMT
$6.18B
| $3.02M | ﹤0.01% |
+37,800
| New | +$3.69M |
|
3193
Nomura Holdings
NMR
$28.3B
| $3.01M | ﹤0.01% |
577,502
-219,651
| -28% | -$1.25M |
|
3194
CALL
Tencent Music
TME
$15.5B
| $3.01M | ﹤0.01% |
+250,000
| New | +$3.06M |
|
|
3195
PUT
Tencent Music
TME
$15.5B
| $3.01M | ﹤0.01% |
250,000
+100,000
| +67% | +$1.22M |
|
3196
Oric Pharmaceuticals
ORIC
$1.15B
| $3.01M | ﹤0.01% |
293,523
-488,776
| -62% | -$4.83M |
|
3197
US Physical Therapy
USPH
$1.2B
| $3.01M | ﹤0.01% |
35,544
+9,942
| +39% | +$882K |
|
3198
Toronto Dominion Bank
TD
$198B
| $3.01M | ﹤0.01% |
47,551
-572,882
| -92% | -$33.9M |
|
3199
Pathward Financial
CASH
$1.86B
| $3M | ﹤0.01% |
45,430
-3,860
| -8% | -$248K |
|
3200
Digi International
DGII
$2.63B
| $3M | ﹤0.01% |
108,892
-167,272
| -61% | -$4.41M |
|
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.