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 | |
|---|---|---|---|---|---|---|
|
ORGN
3601
DELISTED
Origin Materials
ORGN
| $1.96M | ﹤0.01% |
42,317
-37,834
| -47% | -$1.37M |
|
3602
Woori Financial
WF
$16.8B
| $1.95M | ﹤0.01% |
54,680
+22,005
| +67% | +$759K |
|
3603
MBIA
MBI
$266M
| $1.95M | ﹤0.01% |
545,944
+90,133
| +20% | +$372K |
|
3604
CALL
Waters Corp
WAT
$36.8B
| $1.94M | ﹤0.01% |
5,400
-9,100
| -63% | -$2.96M |
|
3605
PUT
Sphere Entertainment
SPHR
$5.29B
| $1.94M | ﹤0.01% |
+43,900
| New | +$1.89M |
|
3606
Rhythm Pharmaceuticals
RYTM
$7.05B
| $1.94M | ﹤0.01% |
+36,977
| New | +$1.77M |
|
3607
Anavex Life Sciences
AVXL
$273M
| $1.94M | ﹤0.01% |
340,986
+303,172
| +802% | +$1.75M |
|
|
SNCY
3608
DELISTED
Sun Country Airlines
SNCY
| $1.94M | ﹤0.01% |
172,686
-830,579
| -83% | -$9.37M |
|
3609
Graham Corp
GHM
$1.16B
| $1.93M | ﹤0.01% |
65,364
-74,111
| -53% | -$2.21M |
|
|
RAPT
3610
DELISTED
RAPT Therapeutics
RAPT
| $1.93M | ﹤0.01% |
119,996
-8,012
| -6% | -$162K |
|
3611
PUT
Corning
GLW
$126B
| $1.93M | ﹤0.01% |
+42,700
| New | +$1.8M |
|
|
CNR
3612
PUT
Core Natural Resources Inc
CNR
$4.05B
| $1.93M | ﹤0.01% |
+18,400
| New | +$1.79M |
|
3613
CALL
PNC Financial Services
PNC
$100B
| $1.92M | ﹤0.01% |
10,400
-7,000
| -40% | -$1.23M |
|
3614
Babcock & Wilcox
BW
$1.42B
| $1.92M | ﹤0.01% |
940,837
-911,470
| -49% | -$1.29M |
|
3615
PUT
Reddit
RDDT
$29.8B
| $1.92M | ﹤0.01% |
29,100
-900
| -3% | -$55.6K |
|
3616
Stoneridge
SRI
$210M
| $1.92M | ﹤0.01% |
171,317
+138,643
| +424% | +$1.98M |
|
3617
Grupo Aeroportuario del Sureste
ASR
$8.36B
| $1.92M | ﹤0.01% |
6,775
+5,118
| +309% | +$1.47M |
|
3618
American Well
AMWL
$180M
| $1.91M | ﹤0.01% |
201,871
-64,767
| -24% | -$549K |
|
3619
Global X MSCI Argentina ETF
ARGT
$845M
| $1.91M | ﹤0.01% |
+28,855
| New | +$1.77M |
|
3620
AppFolio
APPF
$6.79B
| $1.91M | ﹤0.01% |
8,124
-78,655
| -91% | -$18.4M |
|
3621
Banc of California
BANC
$3.05B
| $1.91M | ﹤0.01% |
+129,652
| New | +$1.8M |
|
3622
LegalZoom.com
LZ
$1.42B
| $1.91M | ﹤0.01% |
300,659
-209,089
| -41% | -$1.37M |
|
|
INST
3623
DELISTED
Instructure Holdings, Inc.
INST
| $1.91M | ﹤0.01% |
80,924
-25,157
| -24% | -$594K |
|
3624
PUT
FMC
FMC
$1.3B
| $1.91M | ﹤0.01% |
28,900
-7,100
| -20% | -$435K |
|
3625
Kamada
KMDA
$417M
| $1.91M | ﹤0.01% |
354,776
+254,252
| +253% | +$1.41M |
|
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.