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 | |
|---|---|---|---|---|---|---|
3876
PUT
Edison International
EIX
$28.2B
| $1.42M | ﹤0.01% |
+16,300
| New | +$1.32M |
|
3877
Iovance Biotherapeutics
IOVA
$1.82B
| $1.42M | ﹤0.01% |
150,939
-15,210
| -9% | -$144K |
|
|
CTRA
3878
CALL
DELISTED
Coterra Energy
CTRA
| $1.41M | ﹤0.01% |
59,000
-211,400
| -78% | -$5.22M |
|
3879
Lifeway Foods
LWAY
$455M
| $1.41M | ﹤0.01% |
54,217
+26,016
| +92% | +$435K |
|
3880
Phibro Animal Health
PAHC
$1.47B
| $1.41M | ﹤0.01% |
62,390
+32,295
| +107% | +$624K |
|
3881
Vanguard Information Technology ETF
VGT
$139B
| $1.4M | ﹤0.01% |
+19,104
| New | +$1.36M |
|
3882
PUT
CAVA Group
CAVA
$7.6B
| $1.4M | ﹤0.01% |
11,300
+4,100
| +57% | +$417K |
|
|
ASRT
3883
DELISTED
Assertio
ASRT
| $1.4M | ﹤0.01% |
79,037
-38,269
| -33% | -$759K |
|
3884
PUT
State Street
STT
$50.6B
| $1.4M | ﹤0.01% |
15,800
-45,100
| -74% | -$3.72M |
|
3885
CALL
Hamilton Lane
HLNE
$4.91B
| $1.4M | ﹤0.01% |
+8,300
| New | +$1.2M |
|
3886
CALL
QuidelOrtho
QDEL
$1.14B
| $1.4M | ﹤0.01% |
+30,600
| New | +$1.24M |
|
3887
Pangaea Logistics
PANL
$498M
| $1.39M | ﹤0.01% |
192,901
-83,912
| -30% | -$579K |
|
3888
PUT
Targa Resources
TRGP
$58B
| $1.39M | ﹤0.01% |
9,400
-26,100
| -74% | -$3.67M |
|
3889
CALL
RadNet
RDNT
$5.02B
| $1.39M | ﹤0.01% |
20,000
-10,000
| -33% | -$630K |
|
|
ELP
3890
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $1.38M | ﹤0.01% |
186,108
-35,916
| -16% | -$267K |
|
3891
Forrester Research
FORR
$223M
| $1.38M | ﹤0.01% |
76,862
-197,578
| -72% | -$3.6M |
|
3892
SiteOne Landscape Supply
SITE
$4.12B
| $1.38M | ﹤0.01% |
9,169
-36,870
| -80% | -$5.05M |
|
3893
CALL
AeroVironment
AVAV
$7.56B
| $1.38M | ﹤0.01% |
6,900
+2,600
| +60% | +$468K |
|
3894
PUT
Public Storage
PSA
$60.5B
| $1.38M | ﹤0.01% |
+3,800
| New | +$1.23M |
|
|
SPR
3895
CALL
DELISTED
Spirit AeroSystems
SPR
| $1.38M | ﹤0.01% |
42,500
-12,000
| -22% | -$411K |
|
3896
Stellus Capital Investment Corp
SCM
$217M
| $1.38M | ﹤0.01% |
100,572
-113,386
| -53% | -$1.57M |
|
3897
PUT
Petrobras
PBR
$125B
| $1.38M | ﹤0.01% |
117,100
-82,900
| -41% | -$1.22M |
|
3898
Blackbaud
BLKB
$1.94B
| $1.37M | ﹤0.01% |
16,224
-47,187
| -74% | -$3.76M |
|
3899
Amplitude
AMPL
$1.18B
| $1.37M | ﹤0.01% |
152,874
+123,904
| +428% | +$1.06M |
|
3900
InterDigital
IDCC
$7.87B
| $1.37M | ﹤0.01% |
9,670
-108,531
| -92% | -$14.2M |
|
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.