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 | |
|---|---|---|---|---|---|---|
3201
PUT
British American Tobacco
BTI
$131B
| $2.99M | ﹤0.01% |
81,800
-88,100
| -52% | -$3.15M |
|
3202
CALL
Hims & Hers Health
HIMS
$6.43B
| $2.98M | ﹤0.01% |
+162,000
| New | +$2.9M |
|
3203
CALL
PPG Industries
PPG
$24.6B
| $2.98M | ﹤0.01% |
22,500
-2,300
| -9% | -$290K |
|
|
ECHO
3204
CALL
EchoStar
ECHO
$24.4B
| $2.98M | ﹤0.01% |
+120,000
| New | +$2.45M |
|
|
CURB
3205
Curbline Properties
CURB
$3.52B
| $2.98M | ﹤0.01% |
+122,291
| New | +$2.61M |
|
3206
Prestige Consumer Healthcare
PBH
$2.38B
| $2.98M | ﹤0.01% |
41,278
-59,940
| -59% | -$4.24M |
|
3207
ESAB
ESAB
$5.38B
| $2.98M | ﹤0.01% |
27,992
-8,321
| -23% | -$824K |
|
3208
CALL
Avantor
AVTR
$9.32B
| $2.98M | ﹤0.01% |
115,000
-348,800
| -75% | -$8.56M |
|
3209
NNN REIT
NNN
$9.04B
| $2.97M | ﹤0.01% |
61,327
+38,311
| +166% | +$1.77M |
|
3210
CALL
Capri Holdings
CPRI
$1.83B
| $2.97M | ﹤0.01% |
+70,000
| New | +$2.45M |
|
3211
MaxLinear
MXL
$6.06B
| $2.96M | ﹤0.01% |
204,426
-840,222
| -80% | -$13.3M |
|
3212
National Healthcare
NHC
$3.53B
| $2.96M | ﹤0.01% |
+23,530
| New | +$2.96M |
|
|
GRDN
3213
Guardian Pharmacy Services
GRDN
$2.5B
| $2.96M | ﹤0.01% |
+176,120
| New | +$2.97M |
|
3214
Cavco Industries
CVCO
$4.22B
| $2.96M | ﹤0.01% |
6,909
-1,965
| -22% | -$775K |
|
3215
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.05B
| $2.96M | ﹤0.01% |
100,563
-676,768
| -87% | -$19.6M |
|
3216
Weibo
WB
$2B
| $2.96M | ﹤0.01% |
293,382
-433,558
| -60% | -$3.41M |
|
3217
Mizuho Financial
MFG
$127B
| $2.96M | ﹤0.01% |
707,243
-91,791
| -11% | -$383K |
|
|
OKLO
3218
Oklo
OKLO
$6.76B
| $2.95M | ﹤0.01% |
365,261
-920,460
| -72% | -$6.93M |
|
3219
Vanguard FTSE Europe ETF
VGK
$30.7B
| $2.95M | ﹤0.01% |
41,473
-7,125
| -15% | -$490K |
|
3220
CALL
Revolution Medicines
RVMD
$39.9B
| $2.95M | ﹤0.01% |
65,000
+27,400
| +73% | +$1.19M |
|
3221
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.65B
| $2.95M | ﹤0.01% |
+22,412
| New | +$3.1M |
|
3222
CALL
Braze
BRZE
$2.81B
| $2.95M | ﹤0.01% |
91,100
+76,100
| +507% | +$3.01M |
|
3223
CALL
Bilibili
BILI
$7.99B
| $2.95M | ﹤0.01% |
126,000
+95,200
| +309% | +$1.48M |
|
3224
Lifezone Metals
LZM
$305M
| $2.94M | ﹤0.01% |
419,902
+64,519
| +18% | +$452K |
|
3225
NorthWestern Energy
NWE
$4.23B
| $2.94M | ﹤0.01% |
51,368
-154,082
| -75% | -$8.23M |
|
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.