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 | |
|---|---|---|---|---|---|---|
4026
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $1.16M | ﹤0.01% |
21,899
-26,046
| -54% | -$1.32M |
|
4027
PUT
Coherent
COHR
$51.4B
| $1.16M | ﹤0.01% |
+13,000
| New | +$971K |
|
4028
iShares MSCI Mexico ETF
EWW
$1.92B
| $1.16M | ﹤0.01% |
21,507
-27,466
| -56% | -$1.53M |
|
4029
First Financial Corp
THFF
$958M
| $1.15M | ﹤0.01% |
26,240
-46,904
| -64% | -$2M |
|
4030
Navient
NAVI
$789M
| $1.15M | ﹤0.01% |
73,649
-221,943
| -75% | -$3.41M |
|
4031
CALL
Guardant Health
GH
$21.7B
| $1.15M | ﹤0.01% |
50,000
+10,000
| +25% | +$283K |
|
4032
Sprott Uranium Miners ETF
URNM
$1.76B
| $1.15M | ﹤0.01% |
25,000
+3,259
| +15% | +$143K |
|
4033
Hagerty
HGTY
$1.17B
| $1.15M | ﹤0.01% |
112,626
+90,764
| +415% | +$1.01M |
|
4034
CALL
F5
FFIV
$22.9B
| $1.15M | ﹤0.01% |
5,200
| – | – |
|
|
AFMD
4035
DELISTED
Affimed
AFMD
| $1.14M | ﹤0.01% |
340,615
-32,173
| -9% | -$142K |
|
4036
Digital Turbine
APPS
$975M
| $1.14M | ﹤0.01% |
371,866
-617,367
| -62% | -$1.66M |
|
4037
Companhia Siderúrgica Nacional
SID
$1.31B
| $1.14M | ﹤0.01% |
477,518
-206,651
| -30% | -$455K |
|
|
SEI
4038
Solaris Energy Infrastructure
SEI
$3.15B
| $1.14M | ﹤0.01% |
89,006
-508,888
| -85% | -$6.06M |
|
|
HEPS
4039
D-Market Electronic Services & Trading
HEPS
$1.05B
| $1.13M | ﹤0.01% |
502,081
+243,243
| +94% | +$678K |
|
4040
PUT
HSBC
HSBC
$365B
| $1.13M | ﹤0.01% |
+25,100
| New | +$1.09M |
|
4041
CALL
Alpha Metallurgical Resources
AMR
$1.74B
| $1.13M | ﹤0.01% |
4,800
-1,300
| -21% | -$332K |
|
4042
PUT
Digital Realty Trust
DLR
$69.7B
| $1.13M | ﹤0.01% |
+7,000
| New | +$1.07M |
|
|
TEM
4043
PUT
Tempus AI
TEM
$7.92B
| $1.13M | ﹤0.01% |
+20,000
| New | +$935K |
|
4044
Camden National
CAC
$978M
| $1.13M | ﹤0.01% |
27,394
+16,075
| +142% | +$609K |
|
4045
PUT
iShares Silver Trust
SLV
$28B
| $1.13M | ﹤0.01% |
+39,800
| New | +$1.07M |
|
4046
Ares Capital
ARCC
$13.5B
| $1.13M | ﹤0.01% |
53,977
-19,676
| -27% | -$409K |
|
4047
PUT
Camtek
CAMT
$6.18B
| $1.13M | ﹤0.01% |
+14,100
| New | +$1.37M |
|
4048
Molson Coors Class B
TAP
$7.79B
| $1.12M | ﹤0.01% |
19,533
-745,617
| -97% | -$39.9M |
|
4049
Farmers National Banc Corp
FMNB
$939M
| $1.12M | ﹤0.01% |
74,085
+30,394
| +70% | +$440K |
|
|
SERV
4050
Serve Robotics
SERV
$407M
| $1.12M | ﹤0.01% |
140,877
-172,908
| -55% | -$1.49M |
|
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.