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 | |
|---|---|---|---|---|---|---|
3976
Eagle Materials
EXP
$6.29B
| $1.25M | ﹤0.01% |
4,342
-10,978
| -72% | -$2.74M |
|
|
EMO
3977
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.03B
| $1.25M | ﹤0.01% |
+29,550
| New | +$1.2M |
|
3978
Flexsteel Industries
FLXS
$302M
| $1.24M | ﹤0.01% |
27,923
+4,474
| +19% | +$171K |
|
3979
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $1.23M | ﹤0.01% |
25,600
+16,400
| +178% | +$748K |
|
|
ZUO
3980
DELISTED
Zuora, Inc.
ZUO
| $1.23M | ﹤0.01% |
143,085
+11,185
| +8% | +$99.2K |
|
3981
PUT
VICI Properties
VICI
$29B
| $1.23M | ﹤0.01% |
+37,000
| New | +$1.17M |
|
3982
PUT
GitLab
GTLB
$5.83B
| $1.23M | ﹤0.01% |
+23,900
| New | +$1.19M |
|
3983
NextNav
NN
$1.79B
| $1.23M | ﹤0.01% |
164,428
+103,635
| +170% | +$800K |
|
3984
PUT
HEICO Corp
HEI
$49.8B
| $1.23M | ﹤0.01% |
+4,700
| New | +$1.14M |
|
3985
PUT
Blackstone Mortgage Trust
BXMT
$2.45B
| $1.23M | ﹤0.01% |
+64,600
| New | +$1.19M |
|
3986
PUT
MSCI
MSCI
$41.6B
| $1.22M | ﹤0.01% |
+2,100
| New | +$1.14M |
|
3987
Danaos Corp
DAC
$2.58B
| $1.22M | ﹤0.01% |
14,107
-2,147
| -13% | -$179K |
|
|
IRS
3988
IRSA Inversiones y Representaciones
IRS
$1.29B
| $1.22M | ﹤0.01% |
+110,910
| New | +$1.09M |
|
3989
Gentherm
THRM
$1.25B
| $1.22M | ﹤0.01% |
26,159
-8,237
| -24% | -$409K |
|
|
NVX
3990
NOVONIX
NVX
$99M
| $1.22M | ﹤0.01% |
661,613
-6,394
| -1% | -$10.6K |
|
3991
PUT
Equinor
EQNR
$97.7B
| $1.22M | ﹤0.01% |
48,000
+10,200
| +27% | +$269K |
|
3992
Yext
YEXT
$547M
| $1.21M | ﹤0.01% |
175,561
-31,984
| -15% | -$178K |
|
3993
CALL
Biomea Fusion
BMEA
$84.6M
| $1.21M | ﹤0.01% |
120,000
+70,000
| +140% | +$455K |
|
3994
CALL
DigitalOcean
DOCN
$13.7B
| $1.21M | ﹤0.01% |
+30,000
| New | +$1.07M |
|
3995
Sally Beauty Holdings
SBH
$1.43B
| $1.21M | ﹤0.01% |
88,922
-759,034
| -90% | -$9.02M |
|
3996
PUT
Corteva
CTVA
$52.6B
| $1.21M | ﹤0.01% |
20,500
-149,400
| -88% | -$8.16M |
|
3997
CALL
Macy's
M
$6.53B
| $1.2M | ﹤0.01% |
76,800
| – | – |
|
3998
Pulmonx
LUNG
$68.8M
| $1.2M | ﹤0.01% |
144,644
-303,979
| -68% | -$2.2M |
|
3999
PUT
KBR
KBR
$4.62B
| $1.2M | ﹤0.01% |
18,400
-7,300
| -28% | -$475K |
|
4000
Cohu
COHU
$2.26B
| $1.2M | ﹤0.01% |
46,601
+4,200
| +10% | +$118K |
|
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.