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 | |
|---|---|---|---|---|---|---|
|
NVRO
3326
DELISTED
NEVRO CORP.
NVRO
| $2.64M | ﹤0.01% |
471,704
-484,838
| -51% | -$3.39M |
|
3327
Duolingo
DUOL
$6.4B
| $2.63M | ﹤0.01% |
9,339
-86,034
| -90% | -$17.6M |
|
3328
Rivian
RIVN
$22.5B
| $2.63M | ﹤0.01% |
234,652
-4,629,347
| -95% | -$66.5M |
|
3329
SGHC Ltd
SGHC
$7.09B
| $2.63M | ﹤0.01% |
725,223
-38,154
| -5% | -$132K |
|
|
SPKLU
3330
Spark I Acquisition Corp Unit
SPKLU
| $2.63M | ﹤0.01% |
250,000
| – | – |
|
3331
FTI Consulting
FCN
$4.37B
| $2.63M | ﹤0.01% |
11,562
+8,372
| +262% | +$1.86M |
|
3332
PUT
Antero Resources
AR
$11.1B
| $2.63M | ﹤0.01% |
91,800
-57,000
| -38% | -$1.62M |
|
3333
iShares MSCI EAFE ETF
EFA
$78.3B
| $2.63M | ﹤0.01% |
31,406
-823,733
| -96% | -$66.3M |
|
3334
PUT
CarMax
KMX
$8.23B
| $2.62M | ﹤0.01% |
33,900
+19,400
| +134% | +$1.53M |
|
3335
CALL
Perrigo
PRGO
$1.45B
| $2.62M | ﹤0.01% |
+100,000
| New | +$2.75M |
|
3336
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$19.3B
| $2.62M | ﹤0.01% |
71,490
+26,140
| +58% | +$1.07M |
|
3337
CALL
Entegris
ENTG
$18.7B
| $2.62M | ﹤0.01% |
+23,300
| New | +$2.76M |
|
3338
PUT
KeyCorp
KEY
$24.3B
| $2.62M | ﹤0.01% |
156,300
+95,900
| +159% | +$1.52M |
|
3339
CALL
Full Truck Alliance
YMM
$9.93B
| $2.61M | ﹤0.01% |
290,000
-90,000
| -24% | -$690K |
|
3340
PUT
Yum! Brands
YUM
$41.2B
| $2.61M | ﹤0.01% |
18,700
+16,200
| +648% | +$2.15M |
|
3341
PUT
Alcon
ALC
$34B
| $2.61M | ﹤0.01% |
30,900
-500
| -2% | -$47K |
|
3342
PUT
VF Corp
VFC
$5.91B
| $2.61M | ﹤0.01% |
130,600
+14,900
| +13% | +$249K |
|
3343
StoneCo
STNE
$2.75B
| $2.6M | ﹤0.01% |
230,793
-4,188,082
| -95% | -$53.4M |
|
3344
Coupang
CPNG
$29.9B
| $2.6M | ﹤0.01% |
105,849
-507,098
| -83% | -$11.3M |
|
3345
PUT
BioNTech
BNTX
$23.8B
| $2.59M | ﹤0.01% |
21,800
-300
| -1% | -$27.6K |
|
3346
CALL
Alexandria Real Estate Equities
ARE
$9.22B
| $2.59M | ﹤0.01% |
21,800
+16,700
| +327% | +$1.99M |
|
3347
Ultrapar
UGP
$6.95B
| $2.59M | ﹤0.01% |
666,415
-759,666
| -53% | -$3.13M |
|
3348
MoonLake Immunotherapeutics
MLTX
$1.5B
| $2.58M | ﹤0.01% |
51,267
-165,697
| -76% | -$7.76M |
|
3349
PUT
General Mills
GIS
$19.2B
| $2.58M | ﹤0.01% |
35,000
+28,900
| +474% | +$2M |
|
3350
PUT
Sprouts Farmers Market
SFM
$8.28B
| $2.58M | ﹤0.01% |
+23,400
| New | +$2.23M |
|
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.