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 | |
|---|---|---|---|---|---|---|
3226
Palmer Square Capital BDC
PSBD
$297M
| $2.94M | ﹤0.01% |
180,211
-10,141
| -5% | -$165K |
|
3227
PAR Technology
PAR
$699M
| $2.94M | ﹤0.01% |
+56,368
| New | +$2.93M |
|
3228
Fiverr
FVRR
$321M
| $2.93M | ﹤0.01% |
113,352
-84,577
| -43% | -$2.05M |
|
|
MPT
3229
PUT
Medical Properties Trust
MPT
$2.77B
| $2.93M | ﹤0.01% |
501,000
+500
| +0.1% | +$2.46K |
|
3230
Calumet Specialty Products
CLMT
$3.85B
| $2.92M | ﹤0.01% |
+164,009
| New | +$2.63M |
|
3231
PUT
Axsome Therapeutics
AXSM
$11.2B
| $2.91M | ﹤0.01% |
+32,400
| New | +$2.83M |
|
3232
PUT
Aon
AON
$76.5B
| $2.91M | ﹤0.01% |
+8,400
| New | +$2.75M |
|
|
WCC
3233
PUT
WESCO International
WCC
$16.7B
| $2.91M | ﹤0.01% |
17,300
-100
| -0.6% | -$16.2K |
|
3234
ARK Genomic Revolution ETF
ARKG
$1.55B
| $2.9M | ﹤0.01% |
113,362
-16,142
| -12% | -$411K |
|
3235
Plains GP Holdings
PAGP
$5.21B
| $2.9M | ﹤0.01% |
156,842
-2,689
| -2% | -$51K |
|
3236
Gaming and Leisure Properties
GLPI
$12.7B
| $2.9M | ﹤0.01% |
56,362
-139,593
| -71% | -$6.92M |
|
3237
ICF International
ICFI
$1.46B
| $2.89M | ﹤0.01% |
+17,347
| New | +$2.67M |
|
|
PDS
3238
Precision Drilling
PDS
$999M
| $2.89M | ﹤0.01% |
+46,887
| New | +$3.24M |
|
3239
PUT
PNC Financial Services
PNC
$99.7B
| $2.88M | ﹤0.01% |
15,600
+8,000
| +105% | +$1.4M |
|
|
GRAL
3240
GRAIL Inc
GRAL
$2.94B
| $2.87M | ﹤0.01% |
208,387
-37,881
| -15% | -$574K |
|
3241
Saratoga Investment
SAR
$312M
| $2.87M | ﹤0.01% |
123,620
+12,021
| +11% | +$277K |
|
3242
BioNTech
BNTX
$22.9B
| $2.86M | ﹤0.01% |
24,095
-630,021
| -96% | -$57.9M |
|
3243
MGP Ingredients
MGPI
$379M
| $2.86M | ﹤0.01% |
34,342
-45,356
| -57% | -$3.75M |
|
3244
CALL
Celsius Holdings
CELH
$7.47B
| $2.86M | ﹤0.01% |
91,100
-462,600
| -84% | -$19.4M |
|
3245
Community Trust Bancorp
CTBI
$1.42B
| $2.85M | ﹤0.01% |
57,337
+25,339
| +79% | +$1.21M |
|
3246
Vanguard Dividend Appreciation ETF
VIG
$111B
| $2.84M | ﹤0.01% |
14,359
-8,230
| -36% | -$1.57M |
|
3247
B2Gold
BTG
$5B
| $2.84M | ﹤0.01% |
922,741
-5,304,433
| -85% | -$15.4M |
|
|
OLPX
3248
DELISTED
Olaplex Holdings
OLPX
| $2.84M | ﹤0.01% |
+1,208,064
| New | +$2.45M |
|
3249
PUT
Avis
CAR
$4.86B
| $2.84M | ﹤0.01% |
32,400
+2,400
| +8% | +$216K |
|
3250
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $2.84M | ﹤0.01% |
28,161
-37,490
| -57% | -$3.77M |
|
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.