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 | |
|---|---|---|---|---|---|---|
3301
CALL
Illumina
ILMN
$31B
| $2.71M | ﹤0.01% |
+20,800
| New | +$2.57M |
|
3302
CALL
Synchrony
SYF
$24.7B
| $2.71M | ﹤0.01% |
+54,300
| New | +$2.63M |
|
|
IPXXU
3303
DELISTED
Inflection Point Acquisition Corp. II Unit
IPXXU
| $2.7M | ﹤0.01% |
250,000
| – | – |
|
3304
iShares MSCI ACWI ETF
ACWI
$32.5B
| $2.69M | ﹤0.01% |
22,532
-20,000
| -47% | -$2.29M |
|
3305
CALL
Health Catalyst
HCAT
$154M
| $2.69M | ﹤0.01% |
+330,200
| New | +$2.39M |
|
3306
StealthGas
GASS
$332M
| $2.69M | ﹤0.01% |
394,453
+173,654
| +79% | +$1.13M |
|
3307
Origin Bancorp
OBK
$1.69B
| $2.68M | ﹤0.01% |
83,394
-41,127
| -33% | -$1.34M |
|
3308
CALL
SAP
SAP
$212B
| $2.68M | ﹤0.01% |
11,700
+5,100
| +77% | +$1.08M |
|
|
NXDR
3309
Nextdoor Holdings
NXDR
$847M
| $2.68M | ﹤0.01% |
1,080,383
-326,570
| -23% | -$839K |
|
3310
PUT
GE Vernova
GEV
$264B
| $2.68M | ﹤0.01% |
10,500
+8,100
| +338% | +$1.56M |
|
|
SBXC
3311
DELISTED
SilverBox Corp III
SBXC
| $2.68M | ﹤0.01% |
+250,000
| New | +$2.67M |
|
3312
MasterBrand
MBC
$1.06B
| $2.67M | ﹤0.01% |
144,111
+14,227
| +11% | +$232K |
|
3313
Upwork
UPWK
$1.13B
| $2.67M | ﹤0.01% |
255,530
-950,651
| -79% | -$9.92M |
|
|
DHC
3314
Diversified Healthcare Trust
DHC
$2.15B
| $2.67M | ﹤0.01% |
636,466
-201,731
| -24% | -$680K |
|
3315
CALL
Sysco
SYY
$40.8B
| $2.66M | ﹤0.01% |
34,100
-16,100
| -32% | -$1.21M |
|
3316
PUT
Globe Life
GL
$14.2B
| $2.66M | ﹤0.01% |
+25,100
| New | +$2.41M |
|
3317
PUT
Lightspeed Commerce
LSPD
$1.31B
| $2.66M | ﹤0.01% |
161,200
+1,200
| +0.8% | +$16K |
|
3318
NatWest
NWG
$75.4B
| $2.66M | ﹤0.01% |
283,873
-251,143
| -47% | -$2.23M |
|
|
KLRS
3319
Kalaris Therapeutics
KLRS
$83.5M
| $2.66M | ﹤0.01% |
142,817
-476
| -0.3% | -$8.33K |
|
3320
Westamerica Bancorp
WABC
$1.38B
| $2.65M | ﹤0.01% |
53,663
+43,175
| +412% | +$2.2M |
|
3321
Tompkins Financial
TMP
$1.43B
| $2.65M | ﹤0.01% |
45,888
+18,847
| +70% | +$1.08M |
|
|
BLDP
3322
Ballard Power Systems
BLDP
$805M
| $2.65M | ﹤0.01% |
1,474,906
+803,251
| +120% | +$1.61M |
|
3323
CorVel
CRVL
$3.06B
| $2.65M | ﹤0.01% |
24,315
+11,250
| +86% | +$1.12M |
|
|
RVPH
3324
DELISTED
REVIVA PHARMA HLDGS INC
RVPH
| $2.64M | ﹤0.01% |
91,641
+29,566
| +48% | +$657K |
|
3325
Trustmark
TRMK
$2.76B
| $2.64M | ﹤0.01% |
+82,896
| New | +$2.67M |
|
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.