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 | |
|---|---|---|---|---|---|---|
3851
CALL
Hawaiian Electric Industries
HE
$2.23B
| $1.47M | ﹤0.01% |
+151,900
| New | +$1.88M |
|
3852
Innoviva
INVA
$1.55B
| $1.47M | ﹤0.01% |
76,098
+53,415
| +235% | +$984K |
|
3853
CALL
Halliburton
HAL
$26.9B
| $1.47M | ﹤0.01% |
50,500
-342,900
| -87% | -$10.8M |
|
|
BOW
3854
Bowhead Specialty Holdings
BOW
$1B
| $1.47M | ﹤0.01% |
52,346
-55,596
| -52% | -$1.56M |
|
3855
CALL
Cheesecake Factory
CAKE
$5.04B
| $1.46M | ﹤0.01% |
36,000
-38,800
| -52% | -$1.48M |
|
3856
CALL
Wolfspeed
WOLF
$1.23B
| $1.46M | ﹤0.01% |
+150,000
| New | +$2.21M |
|
3857
Insteel Industries
IIIN
$593M
| $1.45M | ﹤0.01% |
46,734
+10,608
| +29% | +$339K |
|
3858
CALL
The GEO Group
GEO
$4.13B
| $1.45M | ﹤0.01% |
112,800
+100,200
| +795% | +$1.4M |
|
|
TGB
3859
Trekor Metals
TGB
$2.48B
| $1.45M | ﹤0.01% |
572,769
-777,026
| -58% | -$1.73M |
|
3860
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.44B
| $1.45M | ﹤0.01% |
23,100
-7,227
| -24% | -$428K |
|
3861
Waters Corp
WAT
$37B
| $1.45M | ﹤0.01% |
4,024
-27,952
| -87% | -$9.1M |
|
3862
PUT
Hamilton Lane
HLNE
$4.91B
| $1.45M | ﹤0.01% |
+8,600
| New | +$1.24M |
|
3863
Capricor Therapeutics
CAPR
$223M
| $1.44M | ﹤0.01% |
94,757
-384,753
| -80% | -$1.9M |
|
3864
V2X
VVX
$2.83B
| $1.44M | ﹤0.01% |
25,777
+17,014
| +194% | +$867K |
|
3865
PUT
Ally Financial
ALLY
$13.2B
| $1.44M | ﹤0.01% |
40,400
-4,500
| -10% | -$180K |
|
3866
PUT
CRH
CRH
$63.2B
| $1.44M | ﹤0.01% |
+15,500
| New | +$1.3M |
|
3867
Cosan
CSAN
$3.18B
| $1.44M | ﹤0.01% |
150,233
+48,328
| +47% | +$468K |
|
3868
CALL
Futu Holdings
FUTU
$14.7B
| $1.43M | ﹤0.01% |
15,000
-200
| -1% | -$12.7K |
|
3869
CALL
Southern Copper
SCCO
$143B
| $1.43M | ﹤0.01% |
13,170
+5,373
| +69% | +$529K |
|
3870
Atara Biotherapeutics
ATRA
$75.5M
| $1.43M | ﹤0.01% |
176,053
+59,382
| +51% | +$509K |
|
|
PSTL
3871
Postal Realty Trust
PSTL
$694M
| $1.43M | ﹤0.01% |
97,574
+43,129
| +79% | +$619K |
|
|
FFC
3872
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$777M
| $1.42M | ﹤0.01% |
86,814
+62,705
| +260% | +$967K |
|
3873
Smith Douglas Homes
SDHC
$124M
| $1.42M | ﹤0.01% |
37,649
-23,520
| -38% | -$754K |
|
3874
PUT
American International
AIG
$41.7B
| $1.42M | ﹤0.01% |
19,400
-65,400
| -77% | -$4.87M |
|
3875
Gaotu Techedu
GOTU
$434M
| $1.42M | ﹤0.01% |
362,283
-216,728
| -37% | -$887K |
|
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.