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 | |
|---|---|---|---|---|---|---|
|
GAUZ
3726
Gauzy
GAUZ
$5.29M
| $1.7M | ﹤0.01% |
191,353
-43,620
| -19% | -$443K |
|
3727
Enel Chile
ENIC
$6.16B
| $1.7M | ﹤0.01% |
608,232
+324,236
| +114% | +$894K |
|
3728
CALL
Crocs
CROX
$6.39B
| $1.69M | ﹤0.01% |
11,700
-27,900
| -70% | -$3.81M |
|
3729
CALL
Howmet Aerospace
HWM
$114B
| $1.69M | ﹤0.01% |
16,900
+7,500
| +80% | +$677K |
|
3730
CALL
JFrog
FROG
$9.83B
| $1.69M | ﹤0.01% |
58,300
+50,800
| +677% | +$1.6M |
|
3731
Global X Silver Miners ETF NEW
SIL
$4.02B
| $1.69M | ﹤0.01% |
48,120
-6,827
| -12% | -$227K |
|
3732
PUT
Fox Class B
FOX
$22B
| $1.69M | ﹤0.01% |
+43,500
| New | +$1.57M |
|
3733
KB Financial Group
KB
$42B
| $1.69M | ﹤0.01% |
+27,308
| New | +$1.7M |
|
3734
CALL
ARK Genomic Revolution ETF
ARKG
$1.59B
| $1.68M | ﹤0.01% |
+65,800
| New | +$1.68M |
|
|
3735
CALL
Fox Class B
FOX
$22B
| $1.68M | ﹤0.01% |
+43,400
| New | +$1.56M |
|
3736
PUT
Otis Worldwide
OTIS
$27.4B
| $1.68M | ﹤0.01% |
16,200
+10,500
| +184% | +$1M |
|
|
YALA
3737
Yalla Group
YALA
$831M
| $1.68M | ﹤0.01% |
370,659
+8,759
| +2% | +$36.7K |
|
3738
Atlantic Union Bankshares
AUB
$6.11B
| $1.68M | ﹤0.01% |
+44,667
| New | +$1.68M |
|
3739
PUT
Innovative Industrial Properties
IIPR
$1.7B
| $1.68M | ﹤0.01% |
+12,500
| New | +$1.52M |
|
3740
Utah Medical Products
UTMD
$230M
| $1.68M | ﹤0.01% |
25,112
-13,852
| -36% | -$940K |
|
3741
CALL
Emcor
EME
$35.9B
| $1.68M | ﹤0.01% |
+3,900
| New | +$1.47M |
|
|
ILPT
3742
Industrial Logistics Properties Trust
ILPT
$579M
| $1.68M | ﹤0.01% |
352,648
-124,415
| -26% | -$585K |
|
3743
Banco Bilbao Vizcaya Argentaria
BBVA
$156B
| $1.68M | ﹤0.01% |
154,824
-50,714
| -25% | -$528K |
|
3744
iShares MSCI China ETF
MCHI
$6.3B
| $1.67M | ﹤0.01% |
32,897
+18,321
| +126% | +$777K |
|
|
LOVE
3745
DELISTED
LoveSac
LOVE
| $1.67M | ﹤0.01% |
58,414
+47,137
| +418% | +$1.18M |
|
3746
Markel Group
MKL
$23.2B
| $1.67M | ﹤0.01% |
1,065
-8,867
| -89% | -$13.9M |
|
|
MAGN
3747
Magnera Corp
MAGN
$487M
| $1.67M | ﹤0.01% |
71,301
-28,083
| -28% | -$588K |
|
3748
Winmark
WINA
$1.24B
| $1.67M | ﹤0.01% |
4,352
-9,634
| -69% | -$3.58M |
|
3749
Huntington Ingalls Industries
HII
$12.9B
| $1.67M | ﹤0.01% |
6,298
-14,828
| -70% | -$3.92M |
|
|
TPIC
3750
DELISTED
TPI Composites
TPIC
| $1.67M | ﹤0.01% |
365,942
+86,183
| +31% | +$352K |
|
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.