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 | |
|---|---|---|---|---|---|---|
|
LEGT.U
3951
DELISTED
Legato Merger Corp III Units
LEGT.U
| $1.28M | ﹤0.01% |
125,000
| – | – |
|
3952
Westrock Coffee
WEST
$792M
| $1.28M | ﹤0.01% |
+197,236
| New | +$1.73M |
|
3953
Protolabs
PRLB
$1.79B
| $1.28M | ﹤0.01% |
43,620
-4,643
| -10% | -$142K |
|
3954
Outset Medical
OM
$84.7M
| $1.28M | ﹤0.01% |
125,895
-3,632
| -3% | -$108K |
|
3955
CALL
Dick's Sporting Goods
DKS
$17.5B
| $1.27M | ﹤0.01% |
6,100
-34,700
| -85% | -$7.41M |
|
3956
PUT
Tandem Diabetes Care
TNDM
$1.34B
| $1.27M | ﹤0.01% |
30,000
-40,000
| -57% | -$1.7M |
|
3957
Universal Insurance Holdings
UVE
$1.22B
| $1.27M | ﹤0.01% |
57,397
-144,473
| -72% | -$2.92M |
|
|
PDO
3958
PIMCO Dynamic Income Opportunities Fund
PDO
$1.86B
| $1.27M | ﹤0.01% |
+89,926
| New | +$1.22M |
|
3959
CALL
Natera
NTRA
$38.3B
| $1.27M | ﹤0.01% |
+10,000
| New | +$1.15M |
|
3960
PUT
Vodafone
VOD
$36.3B
| $1.27M | ﹤0.01% |
126,500
-179,700
| -59% | -$1.72M |
|
3961
CALL
Toll Brothers
TOL
$13.6B
| $1.27M | ﹤0.01% |
8,200
+4,400
| +116% | +$597K |
|
3962
Vanguard Short-Term Bond ETF
BSV
$44.7B
| $1.26M | ﹤0.01% |
+15,969
| New | +$1.24M |
|
3963
Banco de Chile
BCH
$20.9B
| $1.26M | ﹤0.01% |
+49,638
| New | +$1.21M |
|
3964
Delek US
DK
$4.16B
| $1.26M | ﹤0.01% |
66,983
-1,057,775
| -94% | -$22.4M |
|
3965
PUT
BP
BP
$116B
| $1.26M | ﹤0.01% |
40,000
-642,800
| -94% | -$21.7M |
|
|
SAVE
3966
DELISTED
Spirit Airlines, Inc.
SAVE
| $1.25M | ﹤0.01% |
521,957
+493,721
| +1,749% | +$1.36M |
|
3967
Option Care Health
OPCH
$3.45B
| $1.25M | ﹤0.01% |
40,013
-171,366
| -81% | -$5.26M |
|
3968
CALL
Coupang
CPNG
$29.3B
| $1.25M | ﹤0.01% |
51,000
-15,300
| -23% | -$340K |
|
|
PAXS
3969
PIMCO Access Income Fund
PAXS
$666M
| $1.25M | ﹤0.01% |
+75,277
| New | +$1.19M |
|
3970
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$16.7B
| $1.25M | ﹤0.01% |
15,041
+5,361
| +55% | +$429K |
|
3971
Telecom Argentina
TEO
$6.03B
| $1.25M | ﹤0.01% |
165,904
+103,437
| +166% | +$740K |
|
3972
Peapack-Gladstone Financial
PGC
$815M
| $1.25M | ﹤0.01% |
+45,630
| New | +$1.2M |
|
3973
Vanguard Total International Bond ETF
BNDX
$81.9B
| $1.25M | ﹤0.01% |
+24,863
| New | +$1.23M |
|
3974
iShares US Regional Banks ETF
IAT
$674M
| $1.25M | ﹤0.01% |
+26,290
| New | +$1.21M |
|
3975
ZTO Express
ZTO
$18.3B
| $1.25M | ﹤0.01% |
50,455
+23,736
| +89% | +$492K |
|
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.