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 | |
|---|---|---|---|---|---|---|
3451
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.74B
| $2.32M | ﹤0.01% |
90,266
+78,554
| +671% | +$1.99M |
|
3452
Perella Weinberg Partners
PWP
$1.25B
| $2.32M | ﹤0.01% |
120,359
-1,603,426
| -93% | -$29.4M |
|
3453
CALL
Fortrea Holdings
FTRE
$1.82B
| $2.32M | ﹤0.01% |
116,200
-153,800
| -57% | -$3.61M |
|
3454
Astec Industries
ASTE
$1.21B
| $2.32M | ﹤0.01% |
72,555
+65,784
| +972% | +$2.11M |
|
3455
Itaú Unibanco
ITUB
$93.4B
| $2.31M | ﹤0.01% |
393,390
-4,992,694
| -93% | -$28.1M |
|
3456
Conduent
CNDT
$267M
| $2.31M | ﹤0.01% |
572,182
-66,264
| -10% | -$243K |
|
|
OGI
3457
Organigram Holdings
OGI
$135M
| $2.31M | ﹤0.01% |
+1,273,216
| New | +$2.22M |
|
3458
CALL
Essex Property Trust
ESS
$18.3B
| $2.3M | ﹤0.01% |
+7,800
| New | +$2.26M |
|
3459
IDT Corp
IDT
$1.65B
| $2.3M | ﹤0.01% |
60,345
+34,371
| +132% | +$1.28M |
|
3460
PUT
LPL Financial
LPLA
$28.8B
| $2.3M | ﹤0.01% |
+9,900
| New | +$2.23M |
|
3461
PUT
Consolidated Edison
ED
$39.7B
| $2.3M | ﹤0.01% |
+22,100
| New | +$2.19M |
|
|
JOYY
3462
JOYY Inc
JOYY
$3.73B
| $2.3M | ﹤0.01% |
63,460
-84,043
| -57% | -$2.89M |
|
3463
Asbury Automotive
ABG
$4.26B
| $2.3M | ﹤0.01% |
9,639
+1,326
| +16% | +$312K |
|
3464
AerSale
ASLE
$305M
| $2.3M | ﹤0.01% |
455,095
-126,719
| -22% | -$732K |
|
3465
Mission Produce
AVO
$1.13B
| $2.3M | ﹤0.01% |
179,166
+57,359
| +47% | +$636K |
|
3466
PUT
Hecla Mining
HL
$9.7B
| $2.29M | ﹤0.01% |
343,800
+218,500
| +174% | +$1.28M |
|
3467
CALL
Republic Services
RSG
$64.6B
| $2.29M | ﹤0.01% |
+11,400
| New | +$2.29M |
|
3468
Celcuity
CELC
$4.25B
| $2.29M | ﹤0.01% |
153,381
+132,699
| +642% | +$2.19M |
|
3469
Magnachip Semiconductor
MX
$126M
| $2.29M | ﹤0.01% |
489,520
-72,574
| -13% | -$353K |
|
3470
CALL
Domino's
DPZ
$11.9B
| $2.28M | ﹤0.01% |
5,300
+300
| +6% | +$130K |
|
|
DDL
3471
Dingdong
DDL
$542M
| $2.28M | ﹤0.01% |
641,192
+258,228
| +67% | +$566K |
|
|
NREF
3472
NexPoint Real Estate Finance
NREF
$330M
| $2.27M | ﹤0.01% |
145,393
-1,438
| -1% | -$21.6K |
|
3473
PRA Group
PRAA
$666M
| $2.27M | ﹤0.01% |
101,604
+72,793
| +253% | +$1.62M |
|
3474
PUT
Fastly Inc
FSLY
$3.6B
| $2.27M | ﹤0.01% |
300,000
-2,400
| -0.8% | -$16.7K |
|
3475
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $2.26M | ﹤0.01% |
20,000
-1,530,000
| -99% | -$169M |
|
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.