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 | |
|---|---|---|---|---|---|---|
3626
PUT
Repligen
RGEN
$8.3B
| $1.9M | ﹤0.01% |
12,800
+1,500
| +13% | +$215K |
|
|
ONL
3627
Orion Office REIT
ONL
$155M
| $1.9M | ﹤0.01% |
476,084
-41,556
| -8% | -$163K |
|
|
EFOR
3628
Everforth Inc
EFOR
$1.22B
| $1.9M | ﹤0.01% |
+20,417
| New | +$1.89M |
|
3629
Coca-Cola
KO
$374B
| $1.9M | ﹤0.01% |
26,487
-6,982,563
| -100% | -$478M |
|
3630
Denison Mines
DNN
$2.61B
| $1.9M | ﹤0.01% |
1,038,577
+733,177
| +240% | +$1.29M |
|
3631
Madrigal Pharmaceuticals
MDGL
$11.1B
| $1.9M | ﹤0.01% |
+8,930
| New | +$2.28M |
|
3632
CALL
Novavax
NVAX
$1.22B
| $1.89M | ﹤0.01% |
150,000
-51,300
| -25% | -$662K |
|
3633
Genco Shipping & Trading
GNK
$1.14B
| $1.89M | ﹤0.01% |
96,916
-10,574
| -10% | -$197K |
|
|
VSXY
3634
Victoria's Secret
VSXY
$7.08B
| $1.89M | ﹤0.01% |
73,468
-104,878
| -59% | -$2.22M |
|
3635
PUT
Vipshop
VIPS
$7.47B
| $1.88M | ﹤0.01% |
119,800
| – | – |
|
3636
Prothena Corp
PRTA
$436M
| $1.88M | ﹤0.01% |
112,538
+81,246
| +260% | +$1.75M |
|
3637
Johnson Outdoors
JOUT
$502M
| $1.88M | ﹤0.01% |
51,945
+328
| +0.6% | +$12.1K |
|
3638
PUT
Saia
SAIA
$9.61B
| $1.88M | ﹤0.01% |
+4,300
| New | +$1.82M |
|
3639
CALL
WillScot Mobile Mini Holdings
WSC
$4.66B
| $1.88M | ﹤0.01% |
+50,000
| New | +$1.91M |
|
3640
Schwab US Dividend Equity ETF
SCHD
$104B
| $1.88M | ﹤0.01% |
+66,711
| New | +$1.82M |
|
3641
Vanguard Short-Term Treasury ETF
VGSH
$29.2B
| $1.88M | ﹤0.01% |
+31,844
| New | +$1.87M |
|
|
EVBN
3642
DELISTED
Evans Bancorp Inc
EVBN
| $1.88M | ﹤0.01% |
48,187
-38,211
| -44% | -$1.31M |
|
3643
Vanda Pharmaceuticals
VNDA
$315M
| $1.87M | ﹤0.01% |
399,510
+383,273
| +2,360% | +$2.05M |
|
3644
PUT
Murphy USA
MUSA
$10.9B
| $1.87M | ﹤0.01% |
3,800
| – | – |
|
3645
PUT
Edgewise Therapeutics
EWTX
$4.13B
| $1.87M | ﹤0.01% |
+70,000
| New | +$1.39M |
|
3646
Heron Therapeutics
HRTX
$96.8M
| $1.86M | ﹤0.01% |
934,388
-500,239
| -35% | -$1.19M |
|
3647
PUT
Colgate-Palmolive
CL
$71.9B
| $1.86M | ﹤0.01% |
17,900
-5,300
| -23% | -$540K |
|
3648
Civeo
CVEO
$339M
| $1.86M | ﹤0.01% |
67,756
+23,845
| +54% | +$630K |
|
3649
CALL
Axogen
AXGN
$2.46B
| $1.85M | ﹤0.01% |
+132,300
| New | +$1.46M |
|
|
LBPH
3650
DELISTED
Longboard Pharmaceuticals, Inc. Common Stock
LBPH
| $1.85M | ﹤0.01% |
55,644
-114,199
| -67% | -$3.93M |
|
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.